ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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. It creates cost efficiencies across spend categories and minimises supply risks through improved supplier selection. Improvement opportunities.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

ivalua

NOVEMBER 27, 2019

That is hardly optimal given the diversity of products, services and supply partnerships in place at most companies. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

SCMDOJO

APRIL 26, 2023

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.

Category management 84

Category management Management Supplier relationship management supply chain software solutions 84

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. 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.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

MARCH 27, 2024

So where and how is this great leveller of procurement effectiveness being used in the real world (the practical) and how is it viewed by the CPOs and heads of procurement and supply chain who are on the front line fighting the daily efficiency battle. The actual cost of doing nothing may be quite substantial.

Procurement 81

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 81

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What Exactly Is Supply Chain Management? Supply Chain Opz characterizes Purchasing as such: “ Purchasing refers to the process by which a company contracts with third parties to obtain goods and services required to fulfill its business objectives in the most timely and cost-effective manner” [link].

Purchasing 62

Purchasing Procurement Purchase orders Supply Chain Optimization 62