Procurement Insights

NOVEMBER 23, 2023

Survey results indicate that many core supplier management functions, including risk management, relationship management, performance management, innovation management, and CSR/Sustainability management, are still supported by generic applications such as Excel, SharePoint, and Teams or by no system at all.

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As Established in 2007, Consus is a leading Procurement services provider and procurement systems integrator, operating across 9 countries. About Consus.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

ivalua

JANUARY 15, 2020

Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk and improving employee productivity. Learn more at www.ivalua.com. Follow us at @Ivalua. About OJC Consulting.

Spend management 133

Spend management Contract management Procurement Suppliers 133

Procurement Insights

MAY 16, 2024

Yale.edu Nov 14, 2023 In 2007, I wrote a white paper titled “The Greening of Procurement.” Based on my industry research, one of the most common recommendations stresses the importance of evaluating each provider’s approach, whether risk-based or balanced.

Leadership 40

Leadership Procurement Sourcing Supply chain 40

Procurement Insights

SEPTEMBER 15, 2023

Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.” As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023?

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

SCMDOJO

SEPTEMBER 4, 2023

Accordingly, if organizations want to succeed and grow in the long-term, they need to cooperate, organize, and manage their logistics very wisely and mitigate its problems and risks simultaneously. They can save corporate capital on expenses and give customers much speedier services due to their connections and incentives (Li, 2007).

Logistics 96

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 96

EazyStock

MARCH 14, 2023

What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession. Eliminating unnecessary inventory costs paves the way for removing risks and frees up working capital for other strategic priorities.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

Procurement Heads

JULY 5, 2023

You clearly place a lot of value on Continued Professional Development, having completed MCIPS in 2007, a Master’s degree in Global Supply Chain from the University of Southampton and then an Executive Certificate in Advanced Sustainability from New York University. Do you think the desire to learn is a key facet of being a successful CPO?

Chief Procurement Officer 130

Chief Procurement Officer Sustainability Supply chain Procurement 130

Pipefy

DECEMBER 8, 2023

For example, a case manager will often return to the planning phase when a new problem arises during implementation; they should already know of the case and its associated risks. Risk evaluation Once the case has been assessed, the manager evaluates its risks. Learn more: What Is Workflow Automation?

Management 52

Management Quality Collaboration Risk 52

Supply Chain Game Changer

MARCH 30, 2022

In the USA, the experience of using mobile banking is more extensive — some banks offered it to customers back in 2007. It not only considers the basic risk parameters but also forms predictive models. It received payments via phones in 2010 for $2 billion, which is three times more than a year earlier. Final Thoughts.

supply chain software solutions 89

supply chain software solutions Agile and Lean Supply Chain Cost of ownership Supply Chain Efficiency 89

ivalua

DECEMBER 18, 2019

It covers spend analysis, sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019.

Eprocurement 147

Eprocurement Sourcing Contract Suppliers 147

ivalua

MAY 6, 2020

It covers spend analysis , sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019.

Sourcing 130

Sourcing Eprocurement Contract Suppliers 130

Supply Chain Opz

MAY 28, 2013

5) Supply Chain Risk Mapping. One of the most popular supply chain risk case study is " Ericssons serious sub-supplier accident ". This paper explains the concept of risk mapping as below, Supply Chain Risk Mapping. Before using this matrix, you need to identify type of risk related to your supply chain.

Supply chain 70

Supply chain Supply Supply chain management Supply chain management 70

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. We are also preparing to launch ONBOARD (supplier on-boarding) to reduce efforts, costs and risks involved with supplier on-boarding. Ask questions about actions taken to drive change and tolerance for risk associated with innovation.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Let's Talk Supply Chain

JULY 27, 2022

I mentor diverse-owned companies (2006 – present), and as a consultant have the rare privilege to collaborate with fortune 100 companies where my impact was shown just a year after our engagement.Each step of my journey has expanded my knowledge, folding in expertise across the entire supplier lifecycle (procurement, diversity, risk, etc.)

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Real-time Visibility 115

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As Established in 2007, Consus is a leading Procurement services provider and procurement systems integrator, operating across 9 countries. About Consus.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

Supply Chain Brain

APRIL 16, 2018

The Eurozone , only recently in danger of becoming a basket case, is experiencing its strongest growth since 2007. Behravesh identified a number of risks that could accelerate that transition. Growth in this country should be in the range of 3 percent this year and next, said Nariman Behravesh, chief economist with IHS Markit.

Sustainability 40

Sustainability Risk Management Supply Chain Optimization 40

The Procuretech Podcast

SEPTEMBER 22, 2022

This was around 2007. And there's not really anyone better positioned than procurement professionals to understand how to structure those relationships, how to engage suppliers, how to coordinate that and manage those risks. This was around 2007. When someone in the media world said “why don't you start a blog?”,

Procurement 40

Procurement supply chain software solutions Price Buyers 40

Supply Chain Brain

JANUARY 15, 2018

Of those companies, 62 percent said they would invest in technology updates, and 59 percent would pursue short-term, low-risk investments such as Treasury bills and money market funds. Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008.

Consumer demands 40

Consumer demands Demand Inventory Risk 40

IBM Supply Chain Blog

JUNE 1, 2023

The rule proposal would require US publicly traded companies to disclose annually how their businesses are assessing, measuring and managing climate-related risks. This would include disclosure of greenhouse gas emissions as a measure of exposure to climate-related risk.

Risk 57

Risk Sustainability Data Management 57

Supply Chain Trend

DECEMBER 13, 2016

The S&OP process should have an executive overview meeting summarizing each cycle’s backwards looking KPI trends, achievements and failures with lessons learned, forward-looking opportunities, risks, potential barriers, and support require to achieve the defined objectives.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90