NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.

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

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

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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.

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

Procurement Templates

JUNE 18, 2023

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? 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. As the CEO of Apple Inc.,

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

NLPA (Next Level Purchasing Association)

OCTOBER 17, 2022

Continuous Improvement and Risk Management Systems have long been essential to realizing supply chain and organizational success. This is especially true at a time when organizations are preoccupied with ensuring reliable supply lines, cost reduction, risk mitigation, business continuity, and so on. .

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supply chain budgeting Risk Agile and Lean Supply Chain Risk management 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

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Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

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

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. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

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

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

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

Let's Talk Supply Chain

DECEMBER 4, 2023

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.

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

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Furthermore, their rapidly shifting nature requires a new level of agility.

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Barkers Procurement

MARCH 6, 2024

This property regeneration clientselected Barkers to conduct a maturity assessment and benchmark of its existing procurement capability. The client has no central procurement function, with each business unit conducting its own procurements, from business requirement through to contract expiration.

Procurement 52

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

Barkers Procurement

JANUARY 26, 2024

The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best.

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supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

In recent years, we have seen the demand placed upon the Procurement function significantly increase. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. What is driving the pressure on Procurement?

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supply chain budgeting Supply Chain Efficiency Procurement e2e 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Arkestro

MAY 23, 2023

Resources / Blog / Overcoming Construction Struggles With Predictive Procurement Overcoming Construction Struggles With Predictive Procurement In years past, the construction industry lagged behind the pack when it came to predictive procurement and digital transformation.

Procurement 52

Procurement Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 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. . Here are the latest updates on digital procurement in 2022 : .

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supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

There are a couple of quite interesting facts that prove Procurement to be the captain, guiding the journey to recovery post-crisis. In a case of history repeating, Procurement once again is the torch bearer for organisations looking forward to normalise cash flows, increase profitability and thus return to normalcy. Risk management.

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

Procurement Heads

SEPTEMBER 6, 2023

For our latest CPO Spotlight, Jon spoke with James Dobbin about how he entered the world of procurement and some of the challenges CPOs currently face. What made you choose a career in procurement? The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain.

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Zycus Cognitive Procurement

JANUARY 24, 2023

So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.

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Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

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

Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. Of note is that the increase in workload is juxtaposed by data that suggests that for most organisations, headcounts are set to be reduced or maintained at best.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

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NLPA (Next Level Purchasing Association)

APRIL 5, 2023

procurement is a critical business function that requires a unique set of skills and expertise. To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis.

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Spend Matters

JULY 24, 2023

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download.

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supply chain budgeting Budget Agile and Lean Supply Chain Risk 73

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

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Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

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Empowering CPO

MAY 5, 2023

Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

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

Barkers Procurement

FEBRUARY 25, 2024

And if your profession happens to be Procurement transformation, it’s likely – in the workplace, at least – it’s been even more so. A smart Procurement Director may even pro-actively offer up a greater level of cost reduction before being challenged, as a means to protect their people.

Procurement 52

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

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

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World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. This reduces administrative costs of procurement. Having capacity contingencies is ideal to mitigate supply chain risks.

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Procurement Software

JULY 4, 2023

Digital procurement tools offer buying teams a once-in-a-generation opportunity. What is digital procurement? Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. What is procurement tech? Tech can’t do this on its own of course.

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Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

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

Empowering CPO

JULY 17, 2023

Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility.

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