Skill Dynamics

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Supply Chain Optimization 52

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

HICX

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 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.

Supply chain management 52

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

Supply Chain Optimization 52

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

Supply Chain Efficiency 178

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.

Agile and Lean Supply Chain 52

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

Spend Matters

JANUARY 17, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. New forms of outside-in intelligence that complements engineering, procurement and supply chain operational data.

Procurement solutions 75

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 75

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. Meanwhile, the pace of business is accelerating, requiring organizations to be more responsive and agile.

Supply Chain Efficiency 130

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

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Meanwhile, the pace of business is accelerating, requiring organizations to be more responsive and agile.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

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

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement. Opportunity Awaits.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

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

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. 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. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

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.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. Done Right, Going Digital Enables Procurement to Be Strategic to the Business.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 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. In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility 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. In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

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 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

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”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Procurement as a function has come a long way from being seen as a cost-reduction-centric support function to securing a place in boardroom discussions. Once upon a time, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on his instinct, which is simply based on years of distilled experience.

Procurement 40

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply Chain Optimization 40

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. Coronavirus will lead to permanent changes in global supply chains.”.

supply chain budgeting 52

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

Una

JULY 18, 2023

Top Technical Skills in the Digital Age of Procurement Explore the top technical skills purchasing professionals should have to be successful in the rapidly changing digital age of procurement. By Hugo Britt | July 18, 2023 Search Search Technical skills are changing in procurement. Make invisible spend data.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

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

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. We’ll also reveal the benefits of outsourcing procurement to a group purchasing organization (GPO).

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Una

APRIL 13, 2023

Pain Points in Procurement Series Moving Supplier Relationships from Transactional to Strategic Tips for shifting your supplier relationships from transactional to strategic in an effort produce more cost-saving ideas and value. By Hugo Britt | April 13, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Suppliers 98

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

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.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

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. To leverage procurement data and insights by consolidating spend across fewer suppliers.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

Are you looking to create greater value from your procurement-supplier synergies but strict sustainability & regulatory compliances, risk vulnerabilities along with political instability are bringing in new challenges for you? Figure 1: Speakers of the session. New Competencies for new roles. Digital Transformation.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. This can range from raw materials for production, to office supplies, to strategic partnerships. Understanding Procurement Metrics To gauge the effectiveness of procurement activities, businesses rely on procurement metrics.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

ivalua

MARCH 14, 2019

Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. Making Insights Actionable. Increased Capacity for Strategic Thinking.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JULY 2, 2023

Introduction In an increasingly interconnected and competitive business landscape, the role of procurement has transformed from a supporting function to a strategic powerhouse. Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52