SCMDOJO

JUNE 28, 2024

10 years of experience in purchasing and procurement, the tobacco market in particular. Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Provide different consulting projects in procurement and purchasing Proven experience in the negotiation process.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

NOVEMBER 7, 2023

In this evolving climate, procurement and finance are coming together to re-think the procurement function as a strategic player driving value, especially when it comes to supplier relationship management. Let’s explore two examples at Johnson & Johnson to illustrate how this can work in a real-world setting.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Arkestro

DECEMBER 12, 2022

Predictive Procurement Supports Supply Chain Resilience and Visibility. Arkestro’s Predictive Procurement Orchestration platform manages all aspects of the procurement process, from real-time conversations with stakeholders and suppliers to supplier relationship management.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Software

APRIL 2, 2024

Likely will have supplier onboarding module with some basic due diligence features or document repository. Enterprise-level spend analytics software can easily be purchased within this price bracket. This will typically offer supplier audit, supplier onboarding and supplier due diligence modules.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. Our contract management and supplier relationship management services help manage the risks associated with procurement.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

TYA Suite

JULY 17, 2024

This strategy outlines the methods and processes for selecting suppliers, negotiating contracts, , and ensuring that procurement activities align with the organization’s overall goals and objectives. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Empowering CPO

JUNE 14, 2023

Common models include the ‘three-bid and buy’, where the company seeks quotes from three suppliers and then selects one based on price and other factors; and the ‘preferred supplier’ model, where the company forms long-term relationships with certain suppliers.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Careful supplier selection and supplier relationship management are key.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JUNE 27, 2023

By analyzing and understanding how an organization spends its resources, businesses can identify cost-saving opportunities, enhance supplier relationships, and drive overall efficiency. Supplier Collaboration: Fostering closer collaboration and communication with suppliers through digital platforms and portals.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40