Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

MARCH 30, 2023

In episode 100 of The Sourcing Hero podcast, our host Kelly Barner reels off a list of not-so-flattering nicknames for procurement she’s encountered that would make any purchasing professional wince. This can involve sourcing from suppliers with strong environmental policies, reducing packaging waste, and improving energy efficiency.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

OCTOBER 1, 2019

Effectiveness is a better word than “efficiency”, of course. The task of processing thousands of purchase orders may be executed “efficiently”, but there may well be more effective ways of managing this need – for instance, users having access to online guided buying catalogues.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. This can be achieved through reduction in prices of purchased products & services and reduction in their specific consumption.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Procurement Heads

DECEMBER 16, 2022

The management and the role have grown from a simple purchaser of goods into a more modern and more mature procurement function and I guess I have seen and been part of that over the years. We now support the whole supply chain really from the initial sourcing activity right the way through to contract termination, so the whole lifecycle.

Contract 130

Contract Procurement Sustainability Purchasing 130

Claritum

MARCH 10, 2020

Typical Steps Associated with Category Purchasing. Focusing by category allows optimisation of the supply chain for that specific category. Assessing the risks and impact on profitability for purchases within any Category. With key strategic purchases involving cross-functional senior team members. Introduction.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

Future Purchasing

OCTOBER 4, 2022

Category management is the strategic end-to-end process for managing categories of related supplier spend that aligns business goals and requirements with supply market capability. It creates cost efficiencies across spend categories and minimises supply risks through improved supplier selection.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. They are usually readily available in the market, and their purchase does not significantly affect the company’s profitability.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Spend Matters

NOVEMBER 2, 2023

Beroe for supply market intelligence) that’s woven into the solutions to enhance better decision making. Finally, we would still like to see a common knowledge graph ‘backplane’ to model n-tier supply chains that ties the various networks (and applications) together better. using RAG ).

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. This can be done by being transparent and honest with suppliers, as well as by sharing information and ideas freely.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Claritum

MARCH 10, 2020

Focusing by category allows optimisation of the supply chain for that specific category. Assessing the risks and impact on profitability for purchases within any Category. Depending on the nature of the purchase, within a category, there. Depending on the nature of the purchase, within a category, there.

Procurement 32

Procurement Supply Chain Efficiency Category management Purchasing 32

TYA Suite

NOVEMBER 25, 2024

In simple terms, strategic-sourcing helps companies make smarter purchasing decisions by focusing on the long-term benefits and working with suppliers that can help them succeed over time. This means looking closely at where the money is going, which products or services are being purchased, and which suppliers are being used.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Jaggaer

JULY 23, 2019

Supply chains are multi-tiered and therefore difficult to manage. In recent years, these complex supplier networks have posed difficult challenges for the purchasing teams that are charged with ensuring that goods are made at the right price, are delivered on time and meet the right ethical and quality standards.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 12, 2021

Supply chains were severely disrupted on a global scale as countries closed their borders. Collaborative sourcing is not devaluing traditional sourcing approaches but the embedding of more robust category strategies, more penetrating views of supply markets to enable stronger supplier relationships.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Claritum

JUNE 13, 2019

To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain. For example, is your focus on strategic long-term supply relationships to support your manufactured product? Resourcing.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

Sourcing and Supply Chain

JUNE 24, 2021

It maximizes value, efficiency, quality, and innovation, as well as mitigating risk. It also improves speed to market, decreases supplier and pricing risks, and helps to enhance innovativeness and flexibility across the entire organization. It is given in the below table. Demand Forecast for FY 20-21. Monthwise Plantwise Demand in MT.

Category management 52

Category management Management Procurement Market analysis 52

Empowering CPO

JULY 2, 2023

As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management. In this context, Managed Procurement Services offer an effective path to achieve this objective, leveraging innovation, process efficiency, and expert insights.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Procurement Insights

APRIL 7, 2025

In contrast, an intake and orchestration model in procurement focuses on streamlining the process of handling purchase requests and coordinating procurement activities. In contrast, intake and orchestration models focus on process efficiency and compliance within procurement, without an inherent emphasis on profitability optimization.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52