Procurement Tactics

JULY 23, 2023

Additionally, a Japanese consultant named Masaaki Imai took Kaizen’s core principles and made them even more popular through his book “Kaizen: The Key to Japan’s Competitive Success” published in 1986. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

IBM Supply Chain Blog

JUNE 23, 2023

Life insurance companies that have been in business for a long time typically have a significant part of their “book of business” that consists of insurance policies that were issued several years ago, with products they no longer sell. How is the insurance industry addressing these challenges ?

Data 61

Data Innovation Contract Management 61

Supply Chain Opz

NOVEMBER 11, 2013

Previously I''ve covered about the classic and new supply chain management books that SCM professionals should check out. In this article, I will show you top 5 books that every supply chain executive should have on their bookshelf. Many chapters come with "action steps" that can be used to develop an action plan right away.

Supply chain 108

Supply chain Supply chain management Supply chain management Supply 108

Una

JUNE 29, 2023

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. And, one of the best things about comic-book heroes is their incredible diversity.

Agile and Lean Supply Chain 52

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

Spend Matters

SEPTEMBER 19, 2023

I have worked with literally hundreds of solution providers and consultants over the past 15 years, and I have never before seen such a blatant lack of creativity, fun, challenge and personalization in go-to-market messaging and strategy as I’m seeing right now. Analyst relations/Influencers — What is the strategy here?

Influencing 92

Influencing Strategy Suppliers Data 92

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. In order to become successful in purchasing career, lifelong learning is a key and good purchasing books play the important role in your career advancement.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? Difficulty: we try to shy away from the math-heavy books as much as possible. . Best Logistics Books are as below: 1.

Logistics 40

Logistics Agile and Lean Supply Chain Supply Chain Optimization Inventory control 40

SCMDOJO

OCTOBER 27, 2023

Risk Mitigation Negotiation: This negotiation involves discussing strategies and terms to manage and mitigate risks associated with procurement. You can learn this art by following the comprehensive strategies described in this blog. Here are more exciting Blogs to go through to ace your procurement strategies!

Supplier negotiation 89

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 89

Procurement Tactics

NOVEMBER 16, 2022

Amazon was founded by Jeff Bezos on July 5, 1994. As Amazon continues to diversify, it has revolutionized numerous industries to change the way customers consume entertainment, buy clothing, get their groceries, and buy and read books. This strategy allows almost anyone to sell almost anything using Amazon. . What is Amazon?

Procurement 184

Procurement Inventory Suppliers Bidding 184

IBM Supply Chain Blog

DECEMBER 13, 2023

This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches. Imagine you could also capture the “why” and create strategies to predict and prevent the root causes of failure.

Inventory 69

Inventory Strategy Data Risk 69

Supply Chain Opz

MAY 1, 2018

We will show you 5 logistics books that will help you learn faster than any other books. In Search of Best Logistics Books In order to help you develop your skills, we would like to introduce you to the best logistics books to keep within reach. We try to shy away from the math-heavy book as much as possible.

Logistics 40

Logistics Order Fulfillment Supply Chain Optimization Inventory control 40

IBM Supply Chain Blog

FEBRUARY 12, 2024

Businesses that place the emotional needs of the buyer persona at the forefront of the customer experience strategy fosters great relationships. Here are seven customer experience trends that can help business leaders elevate their companies and improve their CX strategies.

Sustainability 77

Sustainability Strategy Real-time Visibility Data 77

Supply Chain Opz

OCTOBER 27, 2013

This article will show you 10 amazing SCM books that provide the information you can really use. Background Early this year, I published one article named " 10 Greatest Supply Chain Management Books of All Time ". However, they asked further, "What are some good new books you recommend?".

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain management 98

Supply Chain Opz

APRIL 15, 2015

What inventory book can help you to cut inventory costs? In this article, we will show you 10 best inventory book that readers at all levels can learn from. Citation count is a metric we use to separate great inventory book from their peers - Lastly, we carefully review each inventory book and make a final cut Results Drum roll please!

Inventory 69

Inventory Inventory control Material management Raw materials 69

Let's Talk Supply Chain

JULY 27, 2022

This summer her book Transforming the Organization: Building a Flexible Foundation for Future Disruption makes its debut. Even today, I still talk with her about job changes, career strategy, navigating c-suite level politics, etc.—the I am writing a book and have plans for many, many more.

Agile and Lean Supply Chain 115

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

Procurement Tactics

SEPTEMBER 6, 2022

Over the years, I learned 5 valuable lessons I would like to share with you. Over the years, I learned 5 valuable lessons that I would like to share with you. Ever heard of the book “Start With Why” by Simon Sinek? Very useful course, many actionable strategies". Stop communicating tasks and start sharing goals.

Procurement team 130

Procurement team Management Procurement Innovation 130

Supply Chain Game Changer

FEBRUARY 16, 2021

Create your own investment strategy. You need to adopt effective strategies to ensure winning over losing. Use the cryptocurrency to buy good and services, book a hotel, and many more. Its value could undergo an extreme shifting movement at any time of the day. For instance, in 2017, Bitcoin’s price swayed up to $20,000.

Price 98

Price Supply chain Risk Strategy 98

Supply Chain Opz

APRIL 1, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Background According to a short survey we conducted, we found that the best "classic" lean book is The Machine That Changed the World: The Story of Lean Production by James P.

Sustainability 71

Sustainability Quality Management Strategy 71

The Procuretech Podcast

AUGUST 5, 2020

My guest on today's show, Dr. Gisela Linge, is a strategy consultant who has over 10 years of experience in the automotive industry. 15:27 We look at examples of where companies do have a strategy of working with smaller and more innovative startups, but can often become unstuck with the usual big company compliance and legal bureaucracy.

Collaboration 40

Collaboration Strategy supply chain software solutions Innovation 40

Supply Chain Game Changer

JULY 14, 2021

High-performing procurement organizations don’t fear change but embrace it as a core part of their business culture and strategy. Diversity has also been accelerated as a top priority in sustainability and procurement strategies alike. 5 Quick Tips to embed Sustainability into Procurement. The Yin and Yang.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

IBM Supply Chain Blog

APRIL 25, 2024

The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation. In all, agents’ pre-and-post-call workloads were reduced by 30%.

Supply Chain Efficiency 62

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

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

In simple terms, it is a decision-making process that ensures that the tactical plans in all business functions are aligned and in support of the company strategy, business plans, and goals. The term first appeared in print in the 3rd Edition of their book “Sales and Operations Planning – The How-To Handbook” (T.F. Wallace and Co.,

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 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). Nada is co-author of the book HUMACHINE besides plenty of other books.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. Research from BCG found that digitizing tail spend can take 5% to 10% off a company’s bottom line – this can be significant for large organizations with costs in the billions of dollars.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Procurement Zen

JANUARY 5, 2020

After reading a lot of them, here are the 7 best negotiation books for me. Here is what makes these books special: Each best books on negotiation is very hands-on. This makes the books very practical. Some negotiations books are more basic with terms you might have heard of, some are more advanced. Re-map if not!

Negotiation 52

Negotiation Influencing Price Suppliers 52

Una

OCTOBER 5, 2023

By Hugo Britt | October 5, 2023 Search Search Procurement can’t operate in a vacuum. Here are some strategies to get those relationships back on track. Pay an informal visit, book a meeting, or a video call if they’re not in the office. Introduct yourself Sounds easy enough, right?

Procurement 52

Procurement Collaboration Innovation Leadership 52

The Network Effect

NOVEMBER 25, 2014

In his new book China’s Super Consumers: What 1 Billion Customers Want and How to Sell it to Them , Tompkins International Principal Michael Zakkour explores the extraordinary birth of consumerism in China and explains who these super consumers are. Companies must have a “China-US-World” strategy to engage them everywhere, not just in China.

Networking 68

Networking Strategy Supply chain Import 68

Supply Chain Game Changer

MARCH 2, 2021

You should remember some useful things before pitching to them: have a proper business plan, be clear, avoid jargon, and have an exit strategy. Loans may be one of the oldest ways to get funding in the book. Countless companies worldwide use an incredibly well-thought-out strategy to raise money for their operations.

Supply Chain Efficiency 98

Supply Chain Efficiency Strategy Purchasing Supply chain 98

Supply Chain Game Changer

NOVEMBER 18, 2018

That said, the push toward omnichannel strategy across different areas of business is not entirely new, but it has now become imperative for businesses to form and execute a plan to give customers a seamless experience. An effective omnichannel customer service strategy begins with a solid foundation—a blueprint.

Supply Chain Efficiency 58

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Strategy 58

SCMDOJO

JUNE 6, 2023

As a result, identifying effective strategies for inventory reduction and optimization becomes vital for professionals in supply chain and operations. 5 – Procurement KPI Dashboard Excel Template Effective supply chain management requires the use of various tools and metrics to monitor and improve performance.

Supply Chain Optimization 90

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

Arkestro

AUGUST 15, 2022

With growing pressure on businesses worldwide, developing an effective ESG strategy for your organization ensures that all transactions with suppliers are conducted in a way that aligns with these principles. We’ve outlined 4 foolproof steps you can take to start and grow an effective ESG strategy. Why do I Need an ESG Strategy ASAP?

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

Supply Chain Opz

MAY 25, 2013

Lots and lots of articles point to the fact that its from the French word " Logistique " which first appeared in the book " The Art of War " in 1838 by Baron Henri de Jomini who was the general in French army during Napoleons time. Image credit Google Books. Image Credit : Google Books. Image Credit : Google Books Project.

Logistics 99

Logistics Supply chain Supply Supply chain management 99

Procurement Tactics

FEBRUARY 23, 2023

Company Strategy The first negotiation preparation process is to be clear about what you want to do. Strategy and Goal Setting The first step in making a strategy is to plan the order of addressing the issues. Every negotiation process starts with planning, followed by a strong strategy, and then the actual negotiation itself.

Negotiation 130

Negotiation Influencing Strategy Import 130

Procurement Leaders

JUNE 13, 2022

HS2 Ltd needs this visibility to proactively manage and understand critical risks deep within the supply chain; to understand the full impact of these risks and develop intervention strategies in collaboration with Tier 1 contractors. What is HS2? HS2 will form the backbone of the UK’s transport network.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Supply Chain Opz

APRIL 15, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Therefore, the aim of this article is to provide the list of best lean books for our readers. Womack, Daniel T. Jones and Daniel Roos.

Sustainability 40

Sustainability Quality Management Strategy 40

Supply Chain Game Changer

JUNE 19, 2019

As part of a comprehensive content marketing strategy, social media can actually help your supply chain company meet ROI benchmarks. Not only can you see what topics and trends competitors are posting about, but you can benchmark your current digital marketing strategy against what other brands are doing. New talent.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply chain Supply Networking 61

Supply Chain Game Changer

OCTOBER 28, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Maybe the weight of your 5-year technology roadmaps is weighing youdown. Dirty Little Secret #5. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89