ivalua

NOVEMBER 27, 2019

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. If Procurement follows a Strategic Sourcing process flow like a checklist, then all Strategic Sourcing projects will start and end in the same way.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Suppliers 147

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. Value is usually secured via three implementation routes – internal business change, supplier management and sourcing.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

APRIL 26, 2023

It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Well, in-depth knowledge of the supply market will inform the best category management strategy.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

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

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost. A Paradigm Shift in the Procurement Function.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73