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

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain.

Supply Chain Efficiency 130

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

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.

Supply chain resilience 130

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

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

Empowering CPO

JANUARY 28, 2024

Introduction In the dynamic realm of procurement, organizations strive to not only meet their immediate needs but also to establish sustainable and cost-effective supply chains. Essential Tips and Tricks: Data-Driven Decision-Making: The foundation of successful Strategic Sourcing lies in data.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

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

Procurement Tactics

AUGUST 25, 2022

33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .

Procurement 231

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

Empowering CPO

FEBRUARY 1, 2024

Introduction In the ever-evolving landscape of procurement, organizations are realizing that strategic sourcing is not merely a process but a comprehensive approach that can redefine the trajectory of businesses. Our approach encompasses the development and implementation of cutting-edge procurement dashboards and tools.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Sustainability 40

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.

Supply Chain Optimization 52

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

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . View Webinar Replay.

Procurement 130

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

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

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.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 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

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

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

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 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Arkestro

DECEMBER 5, 2022

Then the pandemic happened, challenging procurement in new ways. While 2020 was a transformative year for procurement in the food industry, the following years have brought their own challenges. These disruptions have exposed the fragility of global supply chains. harvested wheat is the lowest since 1888.

Raw materials 98

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

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

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . What is procurement transformation?

Strategy 52

Strategy Procurement supply chain software solutions 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.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 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 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

ivalua

DECEMBER 8, 2020

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.

Procurement 130

Procurement Leadership Innovation Agile and Lean Supply Chain 130

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! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Source: Deloitte CPO Survey 2019. Subscribe Here! Email Address. Don’t Panic!

Procurement 90

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

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.

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. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Strategic Sourceror

SEPTEMBER 22, 2022

From rising inflation to depleted consumer sentiment to the ongoing effects of COVID-19 on the supply chain and the broader economy, a combination of factors has led to retailers' inventory predicaments. Throughout the lockdown, demand far outpaced supply. Furniture store RH is taking similar measures.

Inventory 57

Inventory Agile and Lean Supply Chain Buyers Supply chain 57

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

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

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. The strategy is to shift the company’s focus from the current “transaction” oriented independent buying of goods and services to a “product” oriented strategic approach. What is Strategic Sourcing?

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 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

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

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

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. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

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

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