article thumbnail

Why Agility and Creativity are the New Vital Procurement Drivers  (but don’t sacrifice “effectiveness”)

ivalua

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . Effectiveness is a better word than “efficiency”, of course. But then we move on to our two other targets – agility and creativity, which define where Procurement needs to go in order to sustain its contribution into the future. .

article thumbnail

Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

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?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Big Interview with Nathalie Adotevi

Procurement Heads

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

article thumbnail

The Big Interview with Nathalie Adotevi

Procurement Heads

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects.

article thumbnail

What Makes a Supplier Strategic?

Una

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

article thumbnail

Time to Look into the Future of Procurement!

Supply Chain Game Changer

Drive a thorough understanding of both the supply market and internal company requirements. Today’s uncertain and volatile markets make agility and change inevitable as well as essential. appeared first on Supply Chain Game Changer™. Developing in-depth understanding for knowledge based buying.

article thumbnail

Competitive Procurement through Category Management

Sourcing and Supply Chain

It maximizes value, efficiency, quality, and innovation, as well as mitigating risk. Category strategy can be defined as a plan of action to map each spending category’s most cost-effective and efficient procurement plan. Category strategy excellence is a powerful tool that should be at the core of the procurement team’s work.