ivalua

FEBRUARY 10, 2023

Additionally, by researching new suppliers every few months or so, they can ensure they’re always getting the best deal possible on the goods and services they need to sustain their operations. In order to stay ahead of inflationary trends, procurement teams need to be proactive and continuously adjust their strategies.

Price 264

Price Strategy Sourcing Real-time Visibility 264

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations.

Agile and Lean Supply Chain 196

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

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Subscribe Here!

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Spend Matters

APRIL 17, 2023

Categories: Procurement Strategy & Planning Tags: PRO Spend Matters begins a series of investigations into how blockchain technology can be used in the procurement process. Three increasingly important themes that have emerged in supply chain networks are sustainability, risk prevention and agility.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Procurement strategies Risk Supply chain 77

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 98

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

Spend Matters

APRIL 17, 2023

Categories: Procurement Strategy & Planning Tags: Blockchain Blockchain is making its mark throughout the entire source-to-pay process, from preventing risk in invoices, POs and contracts to tracking products in the supply chain and automating operational processes.

Agile and Lean Supply Chain 71

Agile and Lean Supply Chain Procurement strategies Supply chain Risk 71

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.  Menu Course Library 1.

Supply Chain Efficiency 178

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

Procurement Tactics

AUGUST 25, 2022

10 Popular Procurement Experts Today. 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. . Sebastian Chua. Trillion budget. . Rajeev Karmacharya.

Procurement 231

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

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . Ultimately, it is the combination of these two that drives sustained success.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement team supply chain software solutions Sustainability 130

Procurement Templates

JUNE 18, 2023

Here are a few well-known procurement leaders as of 2021: Tim Cook (Apple Inc.): Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

IBM Supply Chain Blog

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. It’s distinct from the procurement process.

Sourcing 93

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 93

Una

MARCH 6, 2023

How to innovate: Identify your organization’s most pressing non-financial priorities (such as sustainability) and re-work your criteria to attract suppliers that match this need. In other companies, “Lean” may mean reducing the costs involved in procurement.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

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. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?

Supply Chain Optimization 52

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

Procurement Heads

JANUARY 4, 2023

For Procurement Heads ‘ latest Big Interview, Rebecca spoke to Will Cooke about her career, SRM and sustainable procurement. How did you get into procurement? I got into procurement through a graduate procurement programme at British Airways in 1997. Our organisation has adopted agile ways of working.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

World of Procurement blog

MAY 8, 2024

Enhances competitiveness through world-class procurement capabilities and practices. Allows focus on core competencies by outsourcing non-core procurement activities. Enables adherence to policies and regulations through ethical, sustainable, and compliant practices.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Zycus Cognitive Procurement

JULY 29, 2021

How green procurement practices and robust supplier risk management can help organizations build superior brand equity and drive significant business outcomes. Sustainable procurement is the need of the hour. In the rapidly evolving sustainability focus and reporting, the EU has emerged as a front-runner.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Let’s take a look at some of the key trends driving manufacturing procurement in the upcoming year. Sustainable bidding. Sustainable packaging.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Una

JULY 18, 2023

By shining a light on invisible spend, you can identify potential cost-saving opportunities , negotiate better contracts, and implement more effective procurement strategies. A Snapshot of Supply Chain Technology How to Improve Procurement Efficiency Tips for Building an Effective Procurement Data Strategy 4.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

ivalua

NOVEMBER 3, 2021

Technology-centric supply chain and procurement strategies are critical business functions that improve the agility of an organization in the following ways: Map supplier risk and performance, including all subcontractors and sub-suppliers. Provide a consumer-like experience for procurement stakeholders.

Procurement 130

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts. This cross-functional engagement ensures alignment of objectives, reduces silos, enhances communication, and leads to more effective procurement strategies that support the organization’s overall goals.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

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

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. 8 Steps to Improve Procurement Efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Supply Chain Game Changer

MARCH 24, 2020

Subscribe to Supply Chain Game Changer. Coronavirus Exposes Global Supply Chain Fragility! Every aspect of our lives has been disrupted: our health, freedom of movement, employment, the economy, our ability to buy goods, and virtually every Supply Chain. Supply Chain Disruptions … So Far.

Agile and Lean Supply Chain 82

Agile and Lean Supply Chain Supply chain Supply Cost of ownership 82

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Develop a Comprehensive Procurement Strategy A. Some of the key benefits include: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JULY 3, 2023

Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth. In this blog, we will delve deep into the realm of managed procurement services, and more importantly, the innovative strategies that are revolutionizing this field.

Innovation 52

Innovation Strategy Procurement Management 52

Empowering CPO

JUNE 9, 2023

They act as a navigational tool, guiding the procurement team towards the achievement of their strategic objectives. Understanding and implementing the right procurement metrics and KPIs can be the difference between a successful procurement strategy and one that falls short of its potential.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

SCMDOJO

DECEMBER 14, 2023

Know More About Dante: With over 25 years of professional experience in industrial engineering, operations, and supply chain management, the Business Consultant and Trainer is dedicated to enhancing operational performance for companies in Europe and the Americas. Hire the Expert Now or Start a Chat!

Sourcing 75

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 75

Una

JANUARY 8, 2024

The concept is fundamental to sustainable growth, competitive advantage, and long-term success. Why does procurement need to move beyond cost-cutting to value creation? The business landscape is changing, and procurement isn’t the only profession witnessing the nature of their role transform. In a word: relevancy.

supply chain budgeting 52

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

Una

APRIL 13, 2023

Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Una

MAY 25, 2023

By conducting a comprehensive risk assessment, organizations can develop strategies to mitigate these risks and protect their supply chains. Hot tip: It’s impossible to make a plan for every possible risk scenario, but it is possible to build a risk management framework that is agile enough to apply to different types of risk.

Purchasing 96

Purchasing Risk Management Procurement 96

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

Procurement 74

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 74

Empowering CPO

MAY 6, 2023

The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. By proactively addressing these risks, procurement teams can ensure a stable and resilient supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52

ivalua

MARCH 9, 2023

The Benefits of Source-to-Pay The market for S2P has evolved significantly in recent years, becoming an essential component of procurement strategy for most companies. He works to ensure that ​organizations are empowered with technology platforms that enable flexibility, innovation, and agility. ​ Let’s get started below!

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130