Procurement Tactics

AUGUST 25, 2022

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide.

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

SCMDOJO

JULY 7, 2023

Since its initial public offering in November 2021, Rivian has secured more than US$13.5 In late 2021, Rivian commenced deliveries of its R1T pickup truck. Early Success and Setbacks Rivian experienced a rapid rise in market capitalization following its listing in 2021, surpassing major automakers like Ford and Volkswagen.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. in savings.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

ivalua

JANUARY 31, 2022

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).

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

Procurement Templates

JUNE 18, 2023

ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. Here are a few well-known procurement leaders as of 2021: Tim Cook (Apple Inc.): However, I may not have up-to-date information on the most recent developments.

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Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supply chain growth; growth that comes with a balance of people, planet, and profitability in mind. CPOs “gave supply chain sustainability a ranking of 7.2

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. in the 2021 study to 10.9%.”

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supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Supply Chain Game Changer

JANUARY 17, 2019

Article created for Supply Chain Game Changer by David Madden at [link]. . Speed has become the name of the game when it comes to staying competitive in the global supply chain. Automating data collection also reduces costly errors like inaccurate data entry. Perhaps it’s a Failure to Communicate!

Supply Chain Efficiency 95

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Inventory 95

IBM Supply Chain Blog

JANUARY 25, 2024

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. A 40% reduction in inventory costs. A 35% decrease in maintenance budgets.

Supply Chain Optimization 73

Supply Chain Optimization Inventory supply chain budgeting Agile and Lean Supply Chain 73

Positive Purchasing

NOVEMBER 9, 2023

I am sure you are comfortable being flexible and agile when buying something different, or sourcing from an alternative more sustainable supplier. 5i is a proven and effective means to help organizations drive reduced price, mitigate price increases, reduce cost, mitigate risk and drive supply-side innovation.

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Sustainability Category management supply chain budgeting Influencing 111

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement professionals surveyed in the 2019 CPO Rising study responded that limited budgets and lack of modern procurement technologies were the top seen as the top 2 hurdles for achieving procurement objectives between 2020–2022 (CPO Rising 2019). Subscribe Here! Email Address.

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Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 66

IBM Supply Chain Blog

JUNE 20, 2023

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. The challenge to avoid or reduce warranty claims and their costs is enormous, as flaws can happen along the complete value chain. 54 billion USD in accruals have been made.

Data 83

Data Suppliers Quality Management 83

Supply Chain Trend

OCTOBER 29, 2021

If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). To become autonomous, supply chains require the new technology of Wave 3 planning systems, which we think of as systems of intelligence.

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Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. SourceDay’s unique selling point lies in its revolutionary approach to automating supply chain communications. And stepping up, they indeed are.

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Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Pipefy

OCTOBER 25, 2023

Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software.

Innovation 52

Innovation e2e Strategy Supply Chain Efficiency 52

Arkestro

DECEMBER 12, 2023

increase in 2021. When broken down by generation, Gen Z is the most likely to tighten their budget, while Gen Xers and Boomers are more likely to splurge. Yet unpredictability in supply chains, demand forecasting, and geo-political factors can make it difficult to prepare for the season. Retail sales reached $929.5

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

DECEMBER 4, 2023

In the rapidly-evolving business ecosystem, many companies face a combination of challenges, including inflation, supply chain disruptions and a complex labor market. It empowers businesses in their sales planning, budgeting and forecasting processes. These factors exert significant pressure on profitability.

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supply chain budgeting Agile and Lean Supply Chain Budget Supply Chain Optimization 48

Procurement Software

MARCH 5, 2024

Key Data: Founder / CEO: Clive R Heal Date Founded: 2021 Visit LavenirAi profile in our Software Finder 3. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Founded by Jason Busch in 2004, they were the first of the major procurement and supply chain blogs. These are the companies that Spend Matters recognises as “best in class in the procurement and supply chain technology market”. Do you want agility and simplicity? They belong to the parent company Azul Partners.

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supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Procurement Software

MARCH 11, 2022

Founded by Jason Busch in 2004, they were the first of the major procurement and supply chain blogs. These are the companies that Spend Matters recognises as “best in class in the procurement and supply chain technology market”. Do you want agility and simplicity? They belong to the parent company Azul Partners.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

IBM Supply Chain Blog

MARCH 12, 2024

Today, utilities are meeting these challenges and risks with innovation by leaning on data and AI to prepare for the next event. In 2021, Winter Storm Uri wreaked havoc on Texas, leaving over 4.5 million people without power and causing economic losses between USD 80 billion and USD 130 billion.

Data 57

Data Risk Management Innovation 57

IBM Supply Chain Blog

MAY 6, 2024

The rise in the deployment of electronic patient-reported outcomes (ePROs), electronic clinical outcome assessments (eCOAs), and electronic informed consent (eConsent) from 2020 to 2021, primarily driven by contract research organizations underscores this shift.

Real-time Visibility 80

Real-time Visibility Data Influencing Networking 80

The Procuretech Podcast

NOVEMBER 2, 2021

Spend Matters was founded by Jason Busch in 2004 and was one of the first Procurement and Supply Chain Blogs. The 50 To Know are the ones Spend Matters recognises at the best-in-class in the procurement and supply chain technology market. The ProcureTech100 was announced in October 2021. The 50 To Know.

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supply chain software solutions Supply Chain Efficiency Procurement solutions Procurement team 40

Procurement Software

AUGUST 8, 2023

In 2020, Coupa announced the acquisition of Llamasoft , a supply chain planning software company, for $1.5 From early 2021, however, Coupa’s share price tanked from its high of $369.62. Mid-market businesses don’t have huge software budgets. They will be more agile now under PE ownership than SAP will ever be.

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supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52

EazyStock

DECEMBER 13, 2020

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. A vaccine won’t magically eradicate the coronavirus; instead, it will take the vaccine coupled with additional widespread safety measures to usher in a ‘new normal’ – optimistically, by Q3 of 2021. Supply Chain Performance: Reviewing 2020.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 98

ivalua

FEBRUARY 17, 2021

February 17, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year in 2020. Empowering Procurement & Supply Chain Leaders Across the Globe. Continued recognition from top analysts and rapid growth spanning all regions. Redwood City, CA.

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supply chain budgeting Agile and Lean Supply Chain Innovation Supply Chain Efficiency 49

Procurement Insights

APRIL 10, 2025

Here Is Today’s Post There isnt a single, definitive survey providing an exact percentage of organizations leaning towards consolidating their ProcureTech stacks versus those who dont, specifically for 2025. Not Leaning Toward Consolidation: 4050% Evidence: Smaller firms or those with legacy systems (e.g., missed ESG compliance).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting e2e Supply Chain Efficiency 52