Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Downsides : High cost and potential misalignment with small or medium-sized enterprises.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

Supply Chain Brain

APRIL 20, 2021

As demand for faster fulfillment surges, the sweet spot where customer experience meets cost efficiency gets smaller. To help you address these challenges, hear how global 3PLs/carriers efficiently balance customer experience and operational costs by leveraging intelligent delivery management tools.

Demand 128

Demand Management 128

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3).

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3). Complexity.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

Supply Chain Game Changer

JANUARY 15, 2021

Subscribe to Supply Chain Game Changer. Lead generation is a pivotal process for business growth in any industry, including supply chain and logistics. We chose these particular ones because they are efficient, easy-to-use, affordable, and sync with most sales and marketing tools easily. Subscribe Here!

supply chain budgeting 62

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supply chain 62

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains.

supply chain budgeting 52

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

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

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

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. Using category management software is ideal as it creates visibility and efficient management.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. It can help securely share information, make communication more efficient and improve project management. .

supply chain software solutions 130

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

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. This reduced costs and fostered supplier innovation. This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We should also monitor the actual expenses against the projected spend to ensure that we are staying within our budget.”

Spend management 98

Spend management Management Procurement supply chain budgeting 98

ivalua

FEBRUARY 24, 2021

Strong supplier relationships lead to new product development and innovation, as well as reduced costs and increased efficiencies. Product quality improves and the supply chain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

Jaggaer

FEBRUARY 25, 2020

Register for our webinar, The Virtual Path to Sustainability. According to our partner EcoVadis’s Global CSR Risk and Performance Index report , depending on their industry, 50% to 80% of a company’s sustainability impact is in their supply chain. Get the details on building sustainable supplier relationships.

Sustainability 71

Sustainability supply chain budgeting Supply Chain Efficiency Procurement 71

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

It involves analyzing, planning, and executing activities aimed at maximizing value while minimizing costs. By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. Conclusion: Congratulations!

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Jaggaer

SEPTEMBER 18, 2024

Navigating ESG, Supply Chain Risks & Polycrisis Procurement and supply chain executives face a complex landscape of polycrisis : resource scarcity, disruptions resulting from geopolitical tensions and climate change, rising ESG due diligence and reporting requirements, and looming corporate net zero commitments.

Sustainability 52

Sustainability Risk Procurement Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Trend

DECEMBER 22, 2023

In the end, IBP is a philosophy, or belief system that strives for transparency, near perfect integration and alignment, both horizontal (between functions, BUs, even companies) and vertical (between strategy, planning and execution). See below slide from one of my webinars. These are ideas of enhancement, evolution, not replacement.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

IBM Supply Chain Blog

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Ethics 94

Ethics Strategy Risk Business strategy 94

IBM Supply Chain Blog

MARCH 28, 2023

Watch a webinar on cloud data warehousing Resolving the challenges of a monolithic data architecture Software vendors understand these challenges, and several have tried to address the challenges in their own way. In the meantime, learn how you can take on a new approach with cloud data warehousing by viewing the on-demand webinar.

Data 73

Data Price Sourcing Quality 73

Jaggaer

FEBRUARY 11, 2020

For more, and to learn about all four steps of the autonomous procurement process, register for our webinar, “ Four Steps to Autonomous Procurement “ In modern procurement teams, many are wondering what will happen when AI technology is truly integrated into purchasing systems. So what does this all mean for employees? .

Procurement 80

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 80

Finale Inventory

SEPTEMBER 23, 2024

Additionally, efficient inventory management can enhance your relationships with suppliers. By investing time and resources in effective inventory management, small businesses can improve operational efficiency, reduce costs, and ultimately achieve long-term success in their respective industries.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

Jaggaer

JULY 18, 2019

Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. Watch the on-demand webinar . A: Cost is a huge factor in determining what technologies and tools your company uses. Sign up f or the free webinar.

Procurement 40

Procurement Agile and Lean Supply Chain supply chain budgeting Innovation 40

Slimstock

MARCH 26, 2019

As international supply chain executive Sara Ireton indicates in Industry Week , it’s important to recognize “the success of one partner helps the success of the other.” Building and maintaining supplier relationships can streamline processes and improve your overall efficiency.

Procurement 66

Procurement Chief Procurement Officer Supply Chain Optimization Raw materials 66