Spend Matters

FEBRUARY 13, 2025

That system could tell you, for example, that the company had spent $XX million with a supplier on a particular ingredient or package. But to make its potato chips, Utz buys many different materials from many different suppliers, and Procurement needed greater data granularity.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

SCMDOJO

APRIL 26, 2023

This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money. This strategy also ensures strategic supplier relationship management as per the various categories. Read More: What Does a Procurement Manager Do?

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

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. Strong supply market knowledge. Stakeholder engagement.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52

Future Purchasing

OCTOBER 4, 2022

Spend : Profile historic and future spend profiles for all major categories, segmenting by business units and major suppliers as a minimum. Supply Market Analysis : Segment the supply market and understand how current and potential suppliers serve current categories and emerging requirements.

Category management 52

Category management Collaboration Real-time Visibility Management 52

Claritum

JUNE 13, 2019

Corporate Social Responsibility (including Ethical, green and sustainable supply). Market Intelligence. Stakeholder engagement. Marketing Supply (Hard). Speed of supply. Reach to multiple potential suppliers. Enabling the Marketing team to purchase. Supplier selection over fixed term.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

Procurement Insights

APRIL 7, 2025

Scope: Networked Ecosystem vs. Internal Workflows Metaprise : Interconnects multiple organizations, suppliers, and partners into a unified digital ecosystem. Enables autonomous, real-time decision-making across the entire supply chain using AI, blockchain, and decentralized data-sharing. Heres why: 1.

Real-time Visibility 52

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