Let's Talk Supply Chain

FEBRUARY 24, 2025

In a world where the digital realm continues to shape the future of industries, the supply chain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.

Supply Chain Efficiency 52

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

Supply Chain Brain

AUGUST 9, 2021

Are companies taking their eye off the ball when it comes to monitoring the ethics of their suppliers?

Ethics 119

Ethics Supply management Management Suppliers 119

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk. And in what ways?

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

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

Jaggaer

SEPTEMBER 29, 2020

It’s arguably never been more important to have a 360° view of your suppliers than it is right now. Exemplified by the current global pandemic, supply chains are being disrupted in a historic fashion. Some of these issues could’ve been avoided, or at least minimized with a stronger supplier strategy.

Suppliers 90

Suppliers Supply Chain Efficiency Supply chain Negotiation 90

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. We need cost efficiency internally and cost-effectiveness with our suppliers externally.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

Suppliers 84

Suppliers Management Quality Import 84

CPO Rising

NOVEMBER 1, 2024

In today’s world where globalization and innovation are critical to competitive survival, chief procurement officers rely on supplier specialization more than ever.

Vendor management 52

Vendor management Chief Procurement Officer Innovation Management 52

Procurement Tactics

AUGUST 25, 2022

Additionally, from 2019 to 2021, he has led his team to win 4 Asia Awards which are the Most Improved Procurement Operation, Transformation, Best Public Procurement Project, and Best Supplier Collaboration. . Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Stephany Lapierre.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Insights

MARCH 11, 2024

How important is supplier discovery to your company? Looking at the actual numbers, however, can catch even veteran supply managers off guard.” New tools can cut the time required to find the right suppliers by 90 percent or more.” percent) chemical manufacturing (7.7) engineering and construction (4.0)

Suppliers 80

Suppliers Supply management Import Supply 80

NLPA (Next Level Purchasing Association)

JULY 24, 2021

One of the essential mechanisms of Supply Management and Performance is a Supplier Rating Program, where you will collect, analyze, and use data to optimize supplier performance. There are five questions that need to be answered when planning a supplier rating program: Which suppliers will you rate?

Supply management 52

Supply management Management Supply Suppliers 52

CPO Rising

SEPTEMBER 23, 2024

In our series on supplier management, we have now come to supplier risk.

Risk management 52

Risk management Chief Procurement Officer Suppliers Risk 52

CPO Rising

SEPTEMBER 3, 2024

Last week we started a series of articles on supplier management. In that article, we covered some of the functionality that’s needed across all the components of supplier management.

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Management Supply management 52

CPO Rising

SEPTEMBER 16, 2024

Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., So far we’ve covered the platform capabilities (i.e.,

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Management Supply management 52

CPO Rising

OCTOBER 7, 2024

Today, we are wrapping up our series on supplier management technology with an article on Supplier Innovation and Development (SI&D).

Chief Procurement Officer 52

Chief Procurement Officer Innovation Suppliers Management 52

Jaggaer

JANUARY 28, 2025

Technology Optimization: 2018 Perspective: The focus was on adopting eProcurement systems, electronic sourcing, contract management, and total supply management to automate functions and create efficiencies. Here is an evaluation of each trend discussed in the article: 1.

Procurement 52

Procurement Eprocurement Contract management Sustainability 52

CPO Rising

AUGUST 26, 2024

Supplier management is a complex and critical activity for procurement organizations.

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Management Supply management 52

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. . The Criticality of the Supply Chain (and Suppliers). More on that here.

Procurement 130

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

Una

APRIL 18, 2023

Mark is an experienced procurement leader with a broad area of focus including sourcing, supply management, contracts management, supplier relationship management, risk management, and inventory management.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. According to the Institute for Supply Management , 75% of companies noticed disruptions in their supply chain network that were the direct result of the Coronavirus.

Supply chain 130

Supply chain Supply Ethics Networking 130

CPO Rising

OCTOBER 18, 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: Replacing an Incumbent Supplier?

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Supply management Strategy 52

ivalua

SEPTEMBER 22, 2022

What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Ensure 360-Degree Supplier Visibility. Map Your Sub-tier Supply Chain.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Supply Supply chain 130

Arkestro

DECEMBER 3, 2024

By combining Arkestro’s Predictive Procurement Orchestration (PPO) with Infor’s ERP capabilities, this partnership empowers over 60,000 organizations to collect faster quotes from preferred suppliers without leaving money on the table.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

Supply Chain Game Changer

MAY 27, 2020

Most supply chains spread their expenditures over the fewest amount of their largest “strategic suppliers”. However, the smaller suppliers as well as the many sub-tier suppliers that feed the sub-component material to those strategic suppliers could be a vast number of companies and plant locations, numbering in the thousands.

Supply Chain Efficiency 132

Supply Chain Efficiency Supply chain Suppliers Strategy 132

Procurement Templates

APRIL 10, 2022

While there is no single common format for supplier business reviews, it is clear that there are some proven best practices. These meetings should be part of the contract management process, and while it may seem obvious what to do, it’s important to consider what you’re trying to achieve with these reviews.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

SCMDOJO

FEBRUARY 5, 2025

MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. It’s a structured program with defined levels that culminate in a prestigious certification.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

CPO Rising

MARCH 7, 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 3 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Supply management 52

Procurement Insights

JANUARY 4, 2024

It is, therefore, reasonable to assume that if managing in-process purchase orders is done effectively, then the “hand-off” to managing payment of supplier invoices should be virtually problem-free. If even a single hand-off goes poorly, the entire race can and usually is lost. Is this really the case?

Purchase orders 80

Purchase orders Purchasing Supply chain Management 80

Spend Matters

AUGUST 15, 2024

Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. Previously, efficient performance satisfied stakeholders, with suppliers delivering on time and in full. Rachel Rutkoski for a LinkedIn Live event on Thursday, Aug.

supply chain software solutions 120

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 120

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. Supply chain heartbreak is inevitable.

Supply chain 98

Supply chain Supply Contract Suppliers 98

Spend Matters

JULY 25, 2022

Categories: Solution Providers , Spend Management , Supply Management , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach.

Supply Chain Optimization 98

Supply Chain Optimization Spend management Management Supply 98

Spend Matters

OCTOBER 4, 2024

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., See our risk management guide and ongoing TPRM coverage.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

ProcurePort

AUGUST 2, 2022

• Defining supply management is difficult because of the many processes and disciplines involved. Managing supply chain activities is essential for the survival […]. The post What is Supply Chain Management Process?

Supply chain management 130

Supply chain management Supply chain management Supply chain Management 130

Supply Chain Opz

MARCH 31, 2015

Results The results of "10 Greatest Purchasing Books Ever Written" are listed in alphabetical order as below, 1) Category Management in Purchasing: A Strategic Approach to Maximize Business Profitability by Jonathan O'Brien 2) Next Level Supply Management Excellence: Your Straight Bottom Line Roadmap by Robert A.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

CPO Rising

JANUARY 31, 2025

When business historians reflect on the first quarter-century of the new millennium, the broad-based transformation that occurred within the average enterprises procurement department will be on the list of top… The post Procurement Achievements Over a Quarter Century appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & (..)

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98

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.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Supply management 52