Una

OCTOBER 26, 2023

From being seen as a compliance-related cost-center, ESG is now understood as a source of potential value generation. Reducing plastic packaging, for example, will not only help meet environmental targets, but will reduce costs and improve brand perception among environmentally-conscious consumers.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

The Procuretech Podcast

OCTOBER 12, 2022

From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. Her mission is to help individuals and businesses understand technology, improve processes and align with stakeholders. She spent the first third of her career in supply chain roles for Johnson and Johnson. That's the Holy Grail, isn't it?

supply chain budgeting 40

supply chain budgeting supply chain software solutions Supply chain Supply 40

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. The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

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. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

TYA Suite

JULY 17, 2024

Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain. Stakeholder collaboration is crucial in defining precise requirements and expectations. Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. :

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. So, let’s assume that we’re probably not going to get additional budget for more people or tech investments. And how would I spend that total $1 million budget differently?

Category management 40

Category management Procurement supply chain budgeting Budget 40

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making. Supplier Collaboration: Spend analysis fosters collaboration with key suppliers.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 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. S&OP is often implemented from a Supply Chain perspective and the NPS in the supply chain community will likely be favorable.

supply chain budgeting 84

supply chain budgeting Supply Chain Efficiency Influencing Stakeholder engagement 84

Supply Chain Trend

DECEMBER 19, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Dean: I see the emergence of newer and more forward thinking supply chain vendors.

supply chain software solutions 60

supply chain software solutions supply chain budgeting Innovation Budget 60

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52