ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Previously published on Capgemini’s website. Maverick buying

e2e 130

e2e Suppliers Procurement Contract 130

IBM Supply Chain Blog

JANUARY 25, 2024

” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value. .”

Ethics 106

Ethics Strategy Risk Business strategy 106

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 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Let's Talk Supply Chain

MAY 16, 2024

How did we get here already? According to Freight Waves , the upcoming American presidential election can shake up global supply chains in a major way, with the potential for evolution in business and market policies. The final days of spring are numbered as we continue hurtling to the halfway point of 2024. and China trade war.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain supply chain budgeting Supply chain Logistics 96

IBM Supply Chain Blog

FEBRUARY 13, 2024

Remember how cool it felt when you first held a smartphone in your hand? Generative AI ( artificial intelligence ) promises a similar leap in productivity and the emergence of new modes of working and creating. The compact design and touch-based interactivity seemed like a leap into the future.

Data 127

Data Ethics Quality Project management 127

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Tactics

JULY 19, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

Bonfire

MARCH 17, 2023

We recently chatted with seasoned procurement pros at our OntarioTalk event, and they had some great compliance advice that applies to all jurisdictions. Lawrence College Luca Del Grosso , Manager of Procurement at Technical Standards and Safety Authority They all shared their experiences and what worked well in their agencies.

Risk management 52

Risk management Risk Management Procurement 52

Arkestro

SEPTEMBER 29, 2023

By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate (CAGR) of nearly 20% , equating to $8.36 This is largely driven by technological innovations shaking up the industry, with autonomous procurement at the helm. What is autonomous procurement? Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

Strategic Sourceror

JUNE 30, 2022

Companies that follow through with a strong policy of CSR have more positive outcomes in very important areas. How you can achieve a more sustainable supply chain Some of the changes you can make to start with your sustainability efforts are quite simple. We all want to make the world a greener place. So what are the benefits?

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Supply Chain Efficiency Supply chain Supply Sustainability 88

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. Unnecessary expenditure will be cut.

Procurement 52

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

SCMDOJO

MARCH 19, 2024

But how exactly can businesses achieve this level of efficiency? In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. on our SCMDOJO YouTube Channel!

Supply Chain Optimization 75

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 75

IBM Supply Chain Blog

APRIL 20, 2023

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. dollars annually in direct or indirect procurement. dollars annually in direct or indirect procurement. Process excellence is an intersectional play in the age of digital transformation.

Supply Chain Optimization 73

Supply Chain Optimization Supply Chain Efficiency Sustainability Logistics 73

IBM Supply Chain Blog

OCTOBER 9, 2023

As AI technology moves beyond automation to augmentation, companies may be looking at how AI tools can make the work of human resources (HR) better for employees and job seekers. It’s not just about saving time; it’s also about providing information, insights and recommendations in near real-time.

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Data Management Vendor management Strategy 75

IBM Supply Chain Blog

JUNE 23, 2023

IBM Consulting brings industry expertise to help you understand how to derive value in specific workflows (such as record-to-report, lead-to-cash, procure-to-pay and others) by augmenting these processes with new AI capabilities. Imagine the future of Finance and Accounting (F&A).

Data 57

Data Innovation Strategy Suppliers 57

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Strategic Sourceror

JULY 19, 2022

How much can it hold at once? Created in the early to mid 1970s, the strategic petroleum reserve is a massive complex that houses crude oil, which is petroleum that has yet to go through the refining process. How much does the strategic petroleum reserve hold? But the strategic petroleum reserve, to many, is somewhat mysterious.

Strategic sourcing 62

Strategic sourcing Strategic sourcing Price Procurement 62

Future Purchasing

NOVEMBER 18, 2021

What is Procurement Business Partnering? 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. What are the critical components of being a successful business partner?

Stakeholder engagement 52

Stakeholder engagement Procurement Procurement team Influencing 52

Planergy

FEBRUARY 9, 2023

How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend.

Purchasing 52

Purchasing Purchase orders Management Budget 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. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

JULY 6, 2023

Resources / Blog / Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Procurement 52

ivalua

MAY 21, 2020

This article was originally posted on the SIG blog. Dawn will be presenting a thought-leader keynote titled “Leadership in Uncertain Times” at Ivalua NOW , the premier virtual event for procurement leaders, on May 5. Today, procurement leaders have a seat at the table in e-staff meetings. It’s changed dramatically.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Una

FEBRUARY 19, 2024

Three Innovative Sustainable Packakging Stories Examples of exciting and innovative sustainable packaging solutions emerging in the procurement and supply chain space. At the same time, procurement needs to be aware of the dynamic nature of the packaging industry and ever-increasing cost pressures. Recycle as much as possible.

Innovation 52

Innovation Sustainability Suppliers Procurement 52

ivalua

MARCH 13, 2019

The nature of Public Sector Procurement demands a high level of sensitivity to perceptions of processes, communications, and access. Creating a positive supplier community experience is essential to maintaining critical relationships and to drive optimal results on current and future projects. Intuitive Workflows & UI.

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Suppliers Contract Bidding Procurement 100

Barkers Procurement

AUGUST 21, 2023

Basically, carbon literacy is an awareness of climate change and how our everyday activities affect climate change. How carbon literate are you, though? It’s all about possessing the knowledge and ability to bring about change in how people work, think and behave in their response to climate change. What is carbon literacy?

Ethics 52

Ethics Sustainability Procurement Contract 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. What is driving the pressure on Procurement? The pressures that procurement faces show no signs of reducing. in November 2023 to 4% in December. in December 2023.

supply chain budgeting 52

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. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing. in November 2023 to 4% in December. in November 2023 to 4% in December. in December 2023.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Empowering CPO

MAY 11, 2023

The Importance of Sustainable Procurement In today’s rapidly evolving global economy, businesses and organizations must look beyond traditional procurement practices to ensure long-term success and positive impact. Understanding Sustainable Procurement A. Introduction A.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Strategic Sourceror

NOVEMBER 23, 2022

Supply chains abhor unpredictability, and throughout much of the past year, inflation has made unpredictability a regular occurrence, a reality that has affected how product-based businesses respond to demand from their customers as their budgets get stretched to the limit. population — was up 7.7% population — was up 7.7%

supply chain budgeting 62

supply chain budgeting Supply chain Supply Budget 62

Barkers Procurement

MARCH 14, 2023

It’s expensive as well, so it’s essential to at least consider investing in the expertise of an IT procurement consultancy to help you get things right. As well as benefiting from the digital tools the consultant has at their disposal (and which they may place at yours too), the consultancy can lend a major boost to your procurement strategy.

Procurement strategies 59

Procurement strategies Strategy Procurement Suppliers 59

Planergy

AUGUST 18, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Barkers Procurement

JULY 25, 2023

Why procurement compliance is crucial Complying with rules when contracting service providers and when approving purchases is an essential part of procurement. Below we look at further reasons why compliance in procurement is crucial. As a result, procurement teams will work better and feel more satisfied in their roles.

Procurement 52

Procurement Procurement team Spend management Supply Chain Efficiency 52

Positive Purchasing

JANUARY 11, 2024

Guy is also chair of Riversimple Ltd , co-chair of the Public Sector Chapter of the Sustainable Procurement Pledge in the UK, and has also been a lead partner with Deloitte Sustainability Services. We are equally as interested in creating value. How Do We Measure This “Value?” What is Social Value?

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

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