The Thomas Blog

MARCH 21, 2024

This system helps sales and marketing teams prioritize leads, tailor their outreach strategies, and ultimately, improve conversion rates. Lead scoring is a strategy used by sales and marketing teams to prioritize sales prospects according to the potential value they offer to the organization. visiting a blog post).

Data 98

Data Purchasing Strategy Quality 98

Procurement Software

APRIL 16, 2024

Ensuring your procurement team has the optimal blend of procurement training is a challenge. Companies are now starting to see that by not bringing people together in person, they are losing out on those kind of personal connection touch points. On top of that, it didn’t require any travel budget.

Procurement 52

Procurement Budget Procurement team Negotiation 52

The Good Spending

MAY 28, 2023

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. This is where the Belbin Team Role Theory comes into play.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

Barkers Procurement

JANUARY 8, 2023

Category management is a long-term, strategic approach to procurement in which certain employees or teams of employees are responsible for procuring specific types of items, such as IT equipment, office supplies or construction materials. You’ll be able to see where you could reduce costs in your category. Open-ness to change.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52

Procurement Tactics

AUGUST 25, 2022

Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. In this article, we will introduce to you procurement speakers in 2022 that have inspired many people throughout the years. We will look into their story of how they have climbed up from where they are now. .

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

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 52

Positive Purchasing

SEPTEMBER 5, 2023

Sales teams come to us for help with managing negotiations resulting from recent steep price increases in labour, raw materials and logistics, which they are forced to pass on to their customers. Is training set to stay online or are you starting to see people demand in-person training more as well?

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Future Purchasing

NOVEMBER 10, 2021

Build category management coaching capability and unlock your team’s full potential. If ever there was a time for leadership teams to pull together, it is undoubtedly now. Well, there is, but for many, it’s been hiding in plain sight, building an internal business category management coaching capability.

Category management 52

Category management Management Leadership Stakeholder engagement 52

IBM Supply Chain Blog

AUGUST 1, 2023

IBM Consulting helps customers using Adobe’s Workfront technology to optimize the end-to-end process flow, embracing the ecosystem of tools, technology, people and processes required to deploy content at enterprise speed and scale. This includes Adobe Workfront, the connective tissue among the Adobe tools and all of IBM marketing.

Supply Chain Optimization 65

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Supply chain 65

Positive Purchasing

AUGUST 24, 2022

Fundamentally, that’s because people don’t understand what it does. And, yet, the procurement people I have met and worked with over the years are surprisingly creative individuals with a genuine passion for what they do. But does the rest of the business see procurement people in that way? Why is it important?

Procurement 98

Procurement supply chain budgeting Purchasing Category management 98

IBM Supply Chain Blog

JANUARY 25, 2024

Top 3 considerations for adopting responsible AI The top 3 considerations business and HR leaders should keep in mind as they develop a responsible AI strategy are: Make people central to your strategy Put another way, prioritize your people as you plot your advanced technology strategy.

Ethics 105

Ethics Strategy Risk Business strategy 105

SCMDOJO

JULY 3, 2023

This blog intends to assist you through the labyrinth of procurement training by pointing out the most reliable courses that fit your objectives and aspirations and hence act as your compass in the realm of procurement training, whether you’re hoping to break into the sector, looking to up skill, or yearning for promotion chances.

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Cost of ownership Procurement Category management supply chain software solutions 78

Let's Talk Supply Chain

FEBRUARY 1, 2023

It’s only recently that companies have realized the power that product and procurement teams have in solving the challenge of decarbonization. Early approaches have been to build small corporate sustainability teams dedicated to collecting and reporting data. Take buying a printed wiring board (PCB) as an example.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement team Procurement Supply Chain Optimization 52

Future Purchasing

NOVEMBER 18, 2021

Business partnering has become a popular way for procurement teams to improve their engagement with their internal stakeholders through developing a deeper understanding of their business needs. It can help move Procurement teams from the tactical mindset of cost reduction to a more strategic approach to value creation.

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.”

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Supply Chain Game Changer

OCTOBER 28, 2021

ProcureTech is a fast-growing technology category. There are a plethora of start-ups, scale-ups, and growth ventures that are providing best-of-breed solutions to the market, and they continue to pop up; strengthening the continued growth of this ‘little known’ software category. between 2018–2023 (MarketWatch 2020).

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

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

Una

NOVEMBER 14, 2022

Now, CPOs and their procurement teams look to invest in more secure supply chains, addressing increased volatility in consumer demand and responding to the changing ways people work (i.e., Environmental, Social and Governance, or ESG, won’t remain marketing purple prose to make people feel good. What’s changed? Is that all?

Procurement 98

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

Supply Chain Game Changer

AUGUST 2, 2021

Simple things such as giving out business cards and attending live industry events fall under this category. You will not only have a uniform for your team – which can help with morale and boost productivity – but you can advertise no matter where you are or what you’re doing.

Networking 98

Networking Supply chain Purchasing Strategy 98

Procurement Software

JANUARY 16, 2023

It would be easy to dismiss this, simply by saying that people are irrational or emotionally charged. A review by a Procurement Category Manager who uses the software almost daily should carry more weight than somebody who occasionally logs in to observe an e-sourcing event, or to approve a contract. Who is giving the review?

Procurement 59

Procurement Buyers Change management Category management 59

IBM Supply Chain Blog

MARCH 4, 2024

Become an AI+ enterprise An AI+ enterprise innovates with AI as the primary focus, understands that AI is fundamental to the entire business, and recognizes that AI impacts all aspects of the business: product innovation, business operations, technical operations, as well as people and culture. Otherwise, the risks become too significant.

Innovation 107

Innovation Data Risk Strategy 107

IBM Supply Chain Blog

OCTOBER 16, 2023

Machine learning in marketing and sales According to Forbes , marketing and sales teams prioritize AI and ML more than any other enterprise department. Facebook also uses ML to monitor Messenger chats for scams or unwanted contacts, such as when an adult sends a great deal of friend or message requests to people under 18.

Data 51

Data Innovation Product development Risk 51

IBM Supply Chain Blog

FEBRUARY 12, 2024

Gen Z and Millennial customers are 27% more likely to purchase from a company than older generations, if they believe that the brand cares about its impact on people and the planet. The company connects strangers renting their properties with people looking to stay in different locations across the world.

Sustainability 77

Sustainability Strategy Real-time Visibility Data 77

Positive Purchasing

JANUARY 11, 2024

It is about social, economic and environmental impact and most importantly, Social Value focusses on people – putting society at the centre of everything. So Social Value is about minimising detrimental impact and maximising positive benefits for society, communities and the people of which they are comprised.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Supply Chain Trend

MARCH 25, 2022

In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In the first blogs, I discussed the rise of autonomous and unshackle the planners. In this blog : Closing the Decision Gaps. More about that, in the next blog. Intelligent automation will change this.

Agile and Lean Supply Chain 88

Agile and Lean Supply Chain Quality Ethics Import 88

SCMDOJO

JANUARY 26, 2024

Embarking on a journey to elevate your supply chain career requires a strategic roadmap, and in this blog post, we unveil eleven proven strategies that will act as your compass to success. Explore blogs, courses, and guides that focus on your field. Actively Read and Learn Keep learning actively!

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

Supply Chain Game Changer

JULY 14, 2021

Sustainability can result in the sacrifice of profit or production in order to balance the well-being of people and the planet. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supply chain growth; growth that comes with a balance of people, planet, and profitability in mind.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

IBM Supply Chain Blog

NOVEMBER 3, 2022

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? In this blog, let’s explore the best practices that drive sustainable supply chains. appeared first on IBM Supply Chain Blog. We have to plan and execute on reuse/recycle/retire strategies.

Supply Chain Efficiency 118

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 118

Skill Dynamics

OCTOBER 26, 2022

One in four (27%) of procurement leaders are looking to grow their teams over the next year, as economic headwinds make cost control even more important – yet 23% of junior professionals intend to leave their role in the next two years. People don’t have time to do unnecessary training.

supply chain budgeting 52

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

Barkers Procurement

AUGUST 20, 2023

Whilst harnessing the benefit of stability of the project, longer term agreements also enable greater investment in people, skills and plant/systems. This will naturally encourage greater efficiencies and the project will benefit from the enhanced knowledge that investment in people affords.

Contract 52

Contract Collaboration Risk Category management 52

Planergy

AUGUST 30, 2022

This framework breaks down innovation into ten specific types, which we will discuss in this blog post. The framework can be divided into three main categories: Configuration, Offering, and Experience. Configuration: This category is all about the physical product. What is Doblin’s Ten Types of Innovation Framework?

Innovation 52

Innovation Real-time Visibility Networking Purchasing 52

Arkestro

SEPTEMBER 5, 2023

Resources / Blog / The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 52

Supply Chain Game Changer

JUNE 2, 2022

Among the latter category is general liability insurance. The term general liability insurance refers to policies that protect your business in the case of property damage or illness, or injury as a result of an accident that might have been caused by your company, it’s services or products, or a member of your team.

Supply chain 89

Supply chain Purchasing Supply Import 89

Empowering CPO

JUNE 22, 2023

In this blog post, we delve deep into the pivotal role that spend analysis plays in strategic sourcing. Data Cleansing: Our team ensures the data is accurate, complete, and standardized, eliminating errors and inconsistencies that could compromise the analysis. Good classification allows for easier analysis and better insights.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Barkers Procurement

JANUARY 25, 2023

Download Now P2P Transformation: Change Management A P2P transformation is a complex process involving people, processes and data. Identifying individuals or teams who will have the opportunity to significantly influence the P2P project is also crucial. The very nature of transformation involves change.

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Change management Management Influencing Internal analysis 52

The Thomas Blog

JANUARY 16, 2024

This article will discuss lead generation to understand the types and ways to spur people or businesses to become new leads. They list phone numbers, email addresses, and business categories. Marketing hands over the qualified leads to the sales team for follow-up. What Is Lead Generation? An excellent example is Thomasnet.com.

Strategy 59

Strategy Demand Purchasing Quality 59

Skill Dynamics

OCTOBER 26, 2022

At a time when supply chain teams are under extreme pressure, keeping skilled people is more important than ever. People don’t have time to do unnecessary training. However, organizations must make sure that they’re channeling budget into the right areas. About the Research.

supply chain budgeting 52

supply chain budgeting Supply chain Supply Budget 52