Procurement Heads

APRIL 27, 2023

Collaboration and stakeholder engagement are much-used terms within procurement teams. How are these skills useful and applied in wider roles? I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

Collaboration and stakeholder engagement are much-used terms within procurement teams. How are these skills useful and applied in wider roles? I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Future Purchasing

NOVEMBER 18, 2021

In some respects, business partnering has become the natural progression for Procurement teams to move from their traditional stakeholder engagement approach to a more sophisticated deeply embedded relationship status that identifies greater value for its stakeholder community.

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Procurement Insights

MARCH 2, 2024

Pratt (Tech Target) The Bottom Three IT Budget Priorities Cloud Services – Allocation for cloud services and platforms Data Services – Data analytics, Business insights, Monetizing data to enhance metrics, improve customer experiences, support the overall business Artificial Intelligence (AI) – Deploy AI machine learning, Automating (..)

Budget 81

Budget Stakeholder engagement Project management Sourcing 81

Procurement Heads

DECEMBER 5, 2022

Being very very commercial is key but with the kind of organisation we are there is a lot of stakeholder engagement, so we are going to need someone who is very good at engaging with operational people, helping them understand the benefits of what we are trying to do. . What skillset and personality traits are you looking for?

Contract management 130

Contract management Contract Stakeholder engagement Procurement 130

Jaggaer

FEBRUARY 5, 2025

Stakeholder Engagement – Present your supplier portfolio to stakeholders (decision-makers and influencers) from the relevant business functions. Analysis should be focused on risks and opportunities while factoring in all costs and sources of added value. Draw up a portfolio of suppliers incumbents and alternatives.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Procurement Templates

FEBRUARY 19, 2024

Methodology and approach to organization design, including stakeholder engagement and change management. References from previous clients attesting to the consultancy firm’s track record of successful engagements. Understanding of [your organization]’s industry, challenges, and strategic objectives.

Budget 130

Budget Change management Stakeholder engagement Collaboration 130

Barkers Procurement

JANUARY 8, 2023

To manage categories successfully, you should respect several major principles of the practice: cross functional working, the use of facts and data, a strong supply market knowledge, open-ness to change and stakeholder engagement. When developing your category management strategy , you must have a comprehensive team of stakeholders.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52

Procurement Templates

MARCH 3, 2024

Stakeholder Engagement : It’s important to involve relevant stakeholders in the assessment process to ensure that their needs and preferences are considered. Stakeholders may include department heads, end-users, finance teams, and others who will be impacted by the procurement decisions.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Spend Matters

JULY 24, 2023

In terms of technology architecture, the report offers in-depth accounts of a number of use cases, including: Active/strategic stakeholder engagement beyond tactical intake management. Ruthless automation of P2P and supply chain execution supporting an autonomous driverless organization.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Skill Dynamics

SEPTEMBER 22, 2022

Stakeholder engagement is also an important aspect of the job and a key challenge today. Internal recruitment ensures that stakeholder engagement is prioritized as the employee is committed to the company and its goals.

Procurement 52

Procurement Stakeholder engagement Negotiation Contract 52

Spend Matters

OCTOBER 4, 2024

This last requirement may be rather technical, but the enabled capabilities allow for earlier, deeper and tailored stakeholder engagement to provide better experience/satisfaction, adoption — which, ironically, is a characteristic that Coupa has continually held as the North Star — spend compliance and influence on pre-sourced spend.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

SupplyShift

JANUARY 26, 2023

Companies can use this assessment to analyze their suppliers` risk profiles.

supply chain software solutions 52

supply chain software solutions Supply chain Stakeholder engagement Supply 52

Supply Chain Trend

OCTOBER 14, 2016

The NPS is a powerful approach, however I will always suggest to ask more than one question to measure S&OP stakeholder engagement during an S&OP journey. Coach for Vision and Culture: How likely is it that you will actively display effective behaviours with the intent to influence our culture?

supply chain budgeting 84

supply chain budgeting Supply Chain Efficiency Influencing Stakeholder engagement 84

Procurement Templates

SEPTEMBER 14, 2023

Stakeholder Engagement : Community Engagement : Assess how suppliers engage with and contribute to local communities, supporting social and environmental well-being. Case Studies : Ask suppliers to provide case studies or success stories related to their sustainable initiatives and projects.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Una

OCTOBER 26, 2023

Stakeholder engagement The procurement function can’t shift the dial on ESG alone. Cultivate relationships within your professional network to enhance your stakeholder engagement abilities. This includes quantifying environmental impacts, evaluating supply chain risks, and tracking progress towards ESG goals.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

The Procuretech Podcast

AUGUST 6, 2024

Despite the efficiency AI brings, it cannot replace the essential soft skills required for effective supplier management and stakeholder engagement. Category managers excel in fostering relationships, developing category strategies, and crafting compelling narratives around data to engage stakeholders.

Category management 40

Category management Management Stakeholder engagement Contract management 40

Spend Matters

DECEMBER 13, 2023

Intake covers anything that involves stakeholder engagement, such as the creation of a contract, sourcing event, new supplier, etc. Moreover, intake from these vendors tends to skew toward purchase requisitions and procure-to-pay rather than more holistic intake management.

Management 103

Management Stakeholder engagement Purchasing Sourcing 103

ivalua

DECEMBER 6, 2022

With so many stakeholders engaged in the P2P process, one function must take the lead in preventing functional sub-optimization. We strongly recommend starting at the top where the CFO and CPO together sign-off and launch the policy to executive management after which communication is cascaded top down through the organization.

e2e 130

e2e Suppliers Procurement Contract 130

Una

JANUARY 9, 2023

This can’t be overstated; having a project management system in place to help you track stakeholder engagement and project execution will go a long way towards creating a positive change for the organization. . Informed: the executive(s) who maybe isn’t involved, but you need to inform about project progress.

Management 97

Management Spend management Purchasing Procurement team 97

Barkers Procurement

MAY 22, 2024

The results will be presented to you as an ESG Corporate Risk Heatmap, enabling easy visualisation of the areas of greatest risk for your organisation and supporting prioritisation and stakeholder engagement. A comprehensive corporate ESG Strategy will then be developed, building a road map to future sustainable success.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Stakeholder engagement Sustainability 52

Barkers Procurement

JANUARY 4, 2023

Throughout the assignment, stakeholder engagement was key. Meetings with senior ICT members were held weekly to update on the progress of each project, along with weekly Procurement team meetings with the Chief Finance Officer, building awareness and securing engagement.

Procurement 52

Procurement Category management Project management Stakeholder engagement 52

Procurement Software

SEPTEMBER 24, 2024

While routine and transactional tasks will continue to be automated, strategic thinking and stakeholder engagement will remain key areas where human input is invaluable. Conclusion: The Human Element is Here to Stay The future of procurement automation is exciting, but it won’t make human roles obsolete—at least not anytime soon.

Procurement 52

Procurement Supplier relationship management Bidding Contract 52

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward.

Procurement 130

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Collaboration 130

The Good Spending

MAY 13, 2024

Was there any SRM or stakeholder engagement? How did procurement award contracts to at least two suppliers who relied on iSoft without a working platform? Contract management is another miserable story. Risk management? Change management? Cost control?

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

The Procuretech Podcast

OCTOBER 10, 2023

Throughout the episode, the importance of effective change management and stakeholder engagement in procurement is underscored, emphasising the need for improved strategies and communication in the field. Timestamps: [00:01:52] Digital Procurement 101. [00:06:18] 00:06:18] Change management and communication. [00:09:13]

supply chain software solutions 40

supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

Barkers Procurement

JUNE 26, 2024

There was a requirement to develop and maintain integrated project and programme plans to underpin delivery and allow tower leads to focus on technical delivery activities.

e2e 40

e2e Agile and Lean Supply Chain Stakeholder engagement Supply chain 40

Barkers Procurement

JUNE 14, 2023

Engage better with internal stakeholders Engaging with internal stakeholders is a challenge, and lack of engagement with them is a major reason for projects failing. At the same time, the senior management can derive insight into the procurement objectives from these meetings.

Risk management 52

Risk management Stakeholder engagement Risk Procurement 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization. Some may not agree with the proposed changes.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Pipefy

MAY 29, 2024

Common reasons for rejecting a change include: Poor change design Inadequate communication Lack of stakeholder engagement Insufficient training Some proposed changes may be poorly designed, but even well-designed transitions can be rejected because they do not solve their intended issues.

Change management 52

Change management Management Real-time Visibility Stakeholder engagement 52

The Good Spending

AUGUST 23, 2022

Value creation as the result of stakeholder engagement The authors of Stakeholder Salience model built their work around the process of value creation. We have already touched upon the concept of dynamic capabilities that significantly impact a firm's competitiveness.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Future Purchasing

NOVEMBER 10, 2021

Here are a few examples, starting with the early stages of strategy development, where success depends on high-quality stakeholder engagement and project planning. Embedding category management and supplier management is challenging for most organisations, so how might coaching have a high impact?

Category management 52

Category management Management Leadership Stakeholder engagement 52

Skill Dynamics

NOVEMBER 13, 2023

Ensuring active stakeholder engagement Once the members of your team are aware of the training available to them, you must secure their active participation. This process ensured that Ewellix’s employees were quickly made aware of the training options available, and actively encouraged to take advantage of this additional benefit.

Strategy 52

Strategy Stakeholder engagement Supply Chain Efficiency Data 52

Una

AUGUST 21, 2023

Stakeholder engagement First up, begin by engaging stakeholders from various departments, such as finance, operations, and ESG, at an early stage. Strategic sourcing would be easy if people weren't involved - but it’s, of course, not that simple.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Ethics 52

IBM Supply Chain Blog

AUGUST 2, 2023

An observability solution offers valuable insights to multiple stakeholders engaged in software development and operations, with benefits that extend to developers, operations teams, product managers and even business stakeholders.

Real-time Visibility 55

Real-time Visibility Import e2e Product management 55

SCMDOJO

APRIL 26, 2023

Prudent and proper stakeholder engagement and management. We look at some of the challenges that come with the implementation of a category management strategy. Category management requires investment in time and commitment. It relies on the active participation of many individuals across an organization.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108