Procurement Tactics

AUGUST 25, 2022

Omid has also been asked to be an exclusive guest speaker at Harvard University’s prestigious graduate school of supply chain management. . He is well-known with the Institute for Supply Management, publishing a multitude of articles in their global journals and holding many highly successful speaking engagements for them. .

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The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. The Strategic Sourcing Matrix Let’s start with the classical view, which is the adapted Strategic Sourcing matrix.

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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.

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CPO Rising

SEPTEMBER 27, 2024

If you missed yesterday’s webinar “Sprint to Sourcing Gold: Optimize Your Procurement Strategy,” I emphasized the critical importance that eSourcing technology plays in a strategic sourcing program when it comes… The post eSourcing 2.0:

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ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . More on that here. 5 Procurement Increasing Its Focus on and Use of Data.

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CPO Rising

DECEMBER 23, 2024

.… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

DECEMBER 16, 2024

appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

MARCH 3, 2025

And last year, I wrote an article about innovations in sourcing and how… The post Magnus Mondays Do We Need a Sourcing Toolbox? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

FEBRUARY 17, 2025

Its been pointed out continually by pundits, with most CPOs aware of it… The post Magnus Mondays Build in Agility and Source More appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

FEBRUARY 21, 2025

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams… The post CPO Rising Listicle: AI in Action Procurement, Part 2 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

FEBRUARY 24, 2025

One of the key metrics we follow… The post Magnus Mondays Lets Manage More Spend appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

MARCH 10, 2025

In todays article, I return to that topic and… The post Magnus Mondays Suites, Specialists, and IM&PPO appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

JANUARY 8, 2025

Making the Case in 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. If you missed… The post Best of 2024: eSourcing 2.0:

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CPO Rising

JANUARY 24, 2025

appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. AIQ provides an end-to-end service, from performing the spend… The post Guest Article: Layoffs Havent Worked. Its Time to Try Something New.

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CPO Rising

JANUARY 3, 2025

.… The post Best of 2024: CPO Rising Listicle: Battle Inflation with Five Smart Strategies appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

JANUARY 20, 2025

This time of the year there tends to be plenty of predictions flying around, so I thought… The post Magnus Mondays Four Things I Want to See in 2025 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships.

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Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. By Hugo Britt | July 25, 2023 Search Search It’s always interesting to discover which articles on a blog drive the most engagement.

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Jaggaer

OCTOBER 24, 2024

Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains. To find the best value, your team can auto-score suppliers and receive automated event recommendations.

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CPO Rising

NOVEMBER 11, 2022

As Chief Procurement Officers (“CPOs”) and procurement practitioners move into the year ahead, they have the need and the capability for advanced technology solutions to automate and link the source-to-settle process – upstream, strategic sourcing and downstream, procure-to-pay (“P2P”).

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Procurement Heads

JANUARY 4, 2023

Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches. As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services.

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Una

FEBRUARY 13, 2023

What to Do When Supply Chains Break Your Heart Six helpful tips for what to do – and what NOT to do – when supply chains and supplier partners end up breaking your heart. By Anthony Clervi | February 14, 2023 Search We all know that supply chains can be fragile entities. Things do go wrong, however.

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Strategic Sourceror

SEPTEMBER 28, 2022

Steel said it anticipated its earnings would be negatively impacted because of weaker demand and having to charge customers less to account for the surplus in supply. In the Institute for Supply Management's September report tracking nationwide manufacturing activity, steel was among the commodities listed as costing less.

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CPO Rising

JULY 31, 2024

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.

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Skill Dynamics

JUNE 26, 2024

Our programs are designed by subject-matter experts and endorsed by the Chartered Institute of Logistics and Transportation (CILT) and the International Federation of Purchasing and Supply Management (IPFSM), ensuring that participants acquire the right knowledge combined with relevant and practical skills.

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Strategic Sourceror

MAY 22, 2022

Timothy Fiore, chairperson for the Institute for Supply Management, spoke to this point in this ISM's latest Report on Business. manufacturing sector remains in a demand-driven, supply chain-constrained environment," Fiore said. Brought to you by the StrategicSourceror.

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Jaggaer

DECEMBER 13, 2024

What is Source-to- Pay ? Source-to- P ay refers to a broad strategic approach that encompasses not only the transactional end of procurement but also strategic sourcing, contract management, supplier relationship management, spend visibility, and procurement analytics. So lets look at each in turn.

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Una

NOVEMBER 19, 2023

Read More Procurement-Specific Leadership Skills The hard-won skills you’ve developed over the course of your procurement or supply management career will always be relevant, no matter how high you climb. Along with thorough understanding and experience, here are eight procurement-specific skills that will make you a better leader.

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SCMDOJO

SEPTEMBER 18, 2023

Professionals in procurement are trusted with overseeing every aspect of sourcing, purchasing, and supply management, making their knowledge crucial in a variety of industries. Their accountability extends beyond simple sourcing; it also includes strategic sourcing and buying products and services at the best cost.

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CPO Rising

OCTOBER 14, 2024

Early Tuesday morning I flew down to Amsterdam for Keelvar Konnect and on… The post Magnus Mondays — Conferences, Innovations, and Sore Feet appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

SEPTEMBER 17, 2024

As they prepare to close out… The post NEW WEBINAR: Sprint to Sourcing Gold: Optimize Your Procurement Strategy appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

AUGUST 9, 2024

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Every CPO Is Facing Three BIG Questions appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

AUGUST 5, 2024

.]… The post Magnus Mondays (Reprisal) — Category Management: All Talk No Action? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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CPO Rising

JUNE 1, 2022

Leading supply management suite provider, Ivalua, recently held its annual user conference Ivalua Now as an in-person (but also virtual) event in Washington, D.C. It was another stellar showing of this always well-organized and high-class affair. Ardent analysts participated virtually this year and hope to return in person in 2023.

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Supply Chain Game Changer

SEPTEMBER 16, 2020

The rise of big data in various manufacturing and logistics industries, the development of sophisticated ERP systems, and end-to-end Supply Chain visibility has made it a crucial strategic function for companies looking to get an edge in highly-competitive industries like Consumer Goods, Food Production and Pharma. What’s more?

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IBM Supply Chain Blog

DECEMBER 13, 2023

Procure-to-pay (P2P) software links procurement practices to accounts payable and can streamline steps such as supply management, purchase orders and invoicing. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software.

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CPO Rising

SEPTEMBER 30, 2024

It marked my second… The post Magnus Mondays — Zip Forward 2024 — When Procurement Flows, Business Flows appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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