Procurement Heads

OCTOBER 17, 2022

I spent 11 years there in various roles looking at ERP systems, managing suppliers, suppliers’ relationships, and supply training and really enjoyed it. Procurement doesn’t just buy from supply markets, procurement shapes markets. So, they are to blame for my career!

Supply Chain Efficiency 278

Supply Chain Efficiency Supply chain Sustainability Procurement 278

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. Assessment of the supply market (who offers what?)

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

SCMDOJO

APRIL 26, 2023

This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money. 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.

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).

Procurement 130

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

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

MARCH 30, 2023

The truth is, sourcing heroes can do more to shift stakeholder and supplier mindsets about the value the profession can bring to the organization. Additional resource: How to Prioritize SRM Activities Risk management Procurement can also focus on identifying and mitigating supply chain risks such as disruptions, delays, and quality issues.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

OCTOBER 1, 2019

Effectiveness is a better word than “efficiency”, of course. The task of processing thousands of purchase orders may be executed “efficiently”, but there may well be more effective ways of managing this need – for instance, users having access to online guided buying catalogues. That’s another area in which technology will assist. .

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

Una

JUNE 8, 2023

What Makes a Supplier Strategic? Explore what makes a supplier strategic, learn why it matters, and how you can get noticed by supplier partners that are critical to your business. What makes a supplier strategic - and why does it matter? Will production or productivity grind to a halt if you suddenly lose that supplier?

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

ivalua

NOVEMBER 27, 2019

That is hardly optimal given the diversity of products, services and supply partnerships in place at most companies. It is just as valid to sign a contract extension with an incumbent supplier as it is to run a full RFP and intensive negotiation process.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

Spend Matters

MARCH 27, 2024

In fact, more than 80% of CPOs, it states, indicated that digital transformation is a top priority, with a specific focus on GenAI, because “… AI tools can help procurement professionals identify trends and patterns that are otherwise impossible to tease out, thereby enabling more informed decisions from supplier selection to contract negotiation.”

Procurement 112

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 112

Planergy

AUGUST 16, 2022

How AP can improve relationships with your key suppliers. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. For the best results, a company should approach supplier development strategically and systematically. Written by.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Spend Matters

NOVEMBER 2, 2023

Similarly, the SAP Business Network Supplier Portal solution is also now embedded within SAP S/4HANA RISE Premium Plus Edition, providing access to key Network capabilities for PO and invoice automation. Beroe for supply market intelligence) that’s woven into the solutions to enhance better decision making.

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Procurement, on the other hand, encompasses all the steps involved in acquiring goods, services, and works from external suppliers.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

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

Supply Chain Game Changer

NOVEMBER 13, 2018

Strategic Sourcing is a proven approach to understanding and delivering significant cost reduction based on Total Cost of Ownership (TCO), building a sustained value – creating relationship with the suppliers and category spend reduction in order to create and sustain a competitive advantage. What is Strategic Sourcing?

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Procurify

JULY 20, 2022

Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. . With the current state of supply chains, purchasing managers need transparent market and supplier intelligence.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Claritum

MARCH 10, 2020

The sourcing of products and/or services within the Category; the management of suppliers associated with the category; and strategic planning for this category. Focusing by category allows optimisation of the supply chain for that specific category. Supplier and Market research. Centralised or devolved.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

TYA Suite

NOVEMBER 25, 2024

It involves carefully selecting suppliers based on several factors like quality, price, reliability, and how well the supplier can meet the company's long-term needs. It evaluates how suppliers can provide benefits over time, such as consistent quality, innovation, and support for the company’s future growth.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 12, 2021

The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management. Supply chains were severely disrupted on a global scale as countries closed their borders. 3] Astute Contract Risk Management.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Procurement Heads

DECEMBER 16, 2022

We now support the whole supply chain really from the initial sourcing activity right the way through to contract termination, so the whole lifecycle. What are the main challenges that you and your team are currently facing? You are working as an important part of an overall business who you need to work with.

Contract 130

Contract Procurement Sustainability Purchasing 130

Claritum

MARCH 10, 2020

The sourcing of products and/or services within the Category; the management of suppliers associated with the category; and strategic planning for this category. of responsibility for their organisation’s application of the category – especially for direct categories that support strategic supply lines.”. Supplier and Market research.

Procurement 32

Procurement Supply Chain Efficiency Category management Purchasing 32

Empowering CPO

JULY 2, 2023

This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs. As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Claritum

JUNE 13, 2019

To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain. For example, is your focus on strategic long-term supply relationships to support your manufactured product? Speed of supply.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

Sourcing and Supply Chain

JUNE 24, 2021

Hence, buyers have also adopted the concept of suppliers to bundle the requirement of multiple locations and the similar product as a category to have a better understanding, control, and volume to negotiate. It maximizes value, efficiency, quality, and innovation, as well as mitigating risk. Market Price and LME Warehouse Stocks.

Category management 52

Category management Management Procurement Market analysis 52