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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. It also helps to improve the effectiveness of the new product in areas such as product quality and market performance. But does it work?

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

professionals

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

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Five Fundamental Principles of Category Management

Barkers Procurement

Category management is a long-term, strategic approach to procurement in which certain employees or teams of employees are responsible for procuring specific types of items, such as IT equipment, office supplies or construction materials. You’ll be able to see where you could reduce costs in your category.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. He brings a thorough understanding of market trends and digital​ technologies that can help enterprises be more effective ​with their Procurement and Supply Chain strategies.

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5 Steps Towards Modernizing Supplier Management

ivalua

Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Yet, too few businesses do so well.

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