ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

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

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply chain resilience 130

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

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

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

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.

Procurement 231

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

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. As the name suggests, Managed Procurement Services involves the strategic outsourcing of procurement processes to expert providers. But what exactly does it entail?

Supply Chain Optimization 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

Procurement 130

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

Let's Talk Supply Chain

JANUARY 9, 2023

As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data. 13.36] An overview of TraceGains – what they do and how they help their customers. “The

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Let's Talk Supply Chain

MARCH 23, 2023

With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. One dialogue that is still catching fire is how closing the gender gap in supply chain can help the industry build its ranks and agility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52

Procurement Tactics

JUNE 28, 2023

It involves systematically tracking, recording, and analyzing data or metrics relating to procurement activities to improve efficiency, and cost-effectiveness , comply with business policies and procedures, and ultimately aid in important business decision-making. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 130

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 130

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Utilize data and insights to analyze outcomes, identify areas for improvement and refine the procurement strategy accordingly.

Procurement strategies 74

Procurement strategies Strategy Procurement Supply Chain Efficiency 74

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Arkestro

DECEMBER 5, 2022

These disruptions have exposed the fragility of global supply chains. Unique obstacles have caused many companies to re-evaluate their sourcing strategies. A shift toward regionalized supply chains and diverse suppliers may be the key to resilience. Other challenges reflect problems throughout the supply chain.

Raw materials 98

Raw materials Procurement Agile and Lean Supply Chain Supply Chain Optimization 98

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. The Importance of Managed Procurement Services Managed procurement services bring much-needed expertise, strategic vision, and efficiency to the intricate process of procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JULY 2, 2023

Managed procurement services can cover a vast range of functions – from sourcing and supplier management to purchasing, invoicing, and payment processes. Spend Analysis: Leveraging data and analytics to gain insights into procurement spend and identify opportunities for cost savings and efficiency gains.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Pipefy

JANUARY 11, 2023

This shift has become necessary as procurement departments are tasked by management with new strategic duties. Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions.

Strategy 52

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

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . Data: management, quality and value generation: .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost. A Paradigm Shift in the Procurement Function.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Empowering CPO

JUNE 9, 2023

Procurement metrics can cover a wide range of aspects, from cost-saving measures to supplier performance, and are crucial for making data-driven decisions. These metrics are typically data-driven, ranging from numerical values like cost savings, to more qualitative assessments like supplier reliability and product quality.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan Holland, CEO of Keelvar, is here to tell us how AI can offer something more immediate, spot and transactional, in these unstable times when agility matters.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. The Importance of Managed Procurement Services Managed procurement services bring much-needed expertise, strategic vision, and efficiency to the intricate process of procurement.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Lastly, traditional models often overlook the strategic potential of procurement.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. However, failing to strategically measure purchasing performance can have significant impacts.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. Our team of procurement specialists bring in-depth knowledge and experience to the table, backed by advanced tools and data-driven insights.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Empowering CPO

MAY 5, 2023

In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management. Traditional procurement methods typically involved manual data entry, error-prone spreadsheets, and physical filing systems for record-keeping.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Una

JANUARY 8, 2024

Procurement can promote employee value all the way down the value chain by ensuring suppliers comply with fair labor practices, ethical standards, and employee well-being. We can play a role in building a supply chain that reflects the positive workplace culture you want to foster within your organization.

supply chain budgeting 52

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

Sourcing and Supply Chain

JUNE 24, 2021

Unlike strategic sourcing, category management takes a proactive instead of a reactive approach to sourcing activity that provides detailed insight into factors affecting the price of a service or good. It works both in terms of strategic and operational points of view as shown in the above figure. Spend Analysis Data.

Category management 52

Category management Management Procurement Market analysis 52

Una

MARCH 6, 2024

Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. Prioritize cybersecurity Make sure that your outsourcing partner has robust cybersecurity measures in place to minimize the chance of a supply chain or back-door attack on your organization.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Source: Deloitte CPO Survey 2019. SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast). Subscribe Here! Email Address. Don’t Panic!

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90