ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Strategy 130

Strategy Procurement Collaboration Innovation 130

The Good Spending

MARCH 3, 2024

It all started in the attempt to understand the theoretical concept of servitization , i.e., the transformational shift from a product-centric to a service-centric business model and logic that we observe extensively in the area of IT procurement, in particular. My Udemy course "Value-based Procurement."

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics. With diligent research and thoughtful planning, procurement groups can embrace the digital age effectively and profitably.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics. With diligent research and thoughtful planning, procurement groups can embrace the digital age effectively and profitably.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. There are several questions in 2023, including: Does MSI still collaborate with Coupa? The article you are about to read was written in 2008.

supply chain software solutions 68

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 68

Barkers Procurement

JULY 12, 2023

Carbon Reduction Framework Targets It is anticipated that water companies will be required to embed carbon reduction targets into their AMP8 framework contracts. By embedding the targets into framework contracts, water companies are better able to hold suppliers to account should the need arise.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Contract Suppliers 52

SCMDOJO

MARCH 19, 2024

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. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Supply Chain Optimization 75

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

Barkers Procurement

AUGUST 20, 2023

Consideration of Longer Term Agreements Each AMP period involves considerable investment with procurement frameworks often covering ambitious long-term capital infrastructure projects that drive forward a forward-thinking agenda. Simplifying the procurement process, whilst maintaining the rigour of standards within it, is key.

Contract 52

Contract Collaboration Risk Category management 52

World of Procurement blog

MAY 8, 2024

The types of contracts that typically require robust management include: Procurement contracts - Agreements with suppliers and vendors for goods, services, and materials. They work to resolve disputes and foster collaboration. Many have law degrees or procurement training. This requires long-term planning and foresight.

Contract management 52

Contract management Contract Management 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

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Supplier management should always be anchored in broader sustainability & responsible procurement initiatives. 4 tsp | Supplier Segmentation.

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

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. By applying the PDCA approach, you take proactive steps toward your goals and create a framework for ongoing self-assessment and growth.

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Importance of Supplier Collaboration. Subscribe Here!

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

SupplyShift

NOVEMBER 12, 2021

We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. Key Takeaways 1) Pre-competitive collaboration is the best way forward. In today’s day and age, the benefits of collaboration are well understood. This year’s event was all about taking action.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 12, 2021

We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. . 1) Pre-competitive collaboration is the best way forward. In today’s day and age, the benefits of collaboration are well understood. 2) Procurement is in a prime position to drive sustainable change.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Barkers Procurement

FEBRUARY 27, 2023

Adopting a more collaborative approach to risk management, finding new ways of working, and the budget to support a shared risk approach, will undoubtedly support an organisation to meet the challenges of AMP8. Collaborative Supply Chain Partnerships A supply chain partnership to safeguard the sustainability of the supply chain is crucial.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

Barkers Procurement

MARCH 8, 2022

Procurement leadership. What does this mean to you and what are the qualities and attributes of a strong procurement leader? Just how easy is it to demonstrate procurement leadership within public sector procurement projects ? In productive and efficient procurement departments, robust processes should be a given.

Leadership 52

Leadership Procurement Contract Stakeholder engagement 52

Supply Chain Game Changer

AUGUST 11, 2021

Generally, cyber security supply chain threats affect the following: Procurement Vendor management Supply chain continuity Quality Transportation security Many other corporate operations. The threat influence to the above areas necessitates a collaborative effort to solve. Good IT Procurement Governance.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply 98

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Language has a funny way of working.

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Supply Chain Game Changer

FEBRUARY 16, 2020

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Now bear with me here….

Procurement 54

Procurement Supplier relationship management Suppliers Supply Chain Efficiency 54

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Suppliers 53

Suppliers Data Supply chain Innovation 53

Supply Chain Game Changer

NOVEMBER 26, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] . Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! This should be the framework for supplier selection, assessment, collaboration and on-going evaluation.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

The Network Effect

MAY 29, 2015

We don’t often plug these types of things on this blog, but given the level of interest our demand sensing posts have gotten, and the overall interest in the market place, I want to alert you to next week’s webcast where I will be presenting. Why is a shared collaborative framework for both retailers and suppliers important?

Demand 46

Demand Consumer demands Real-time Visibility supply chain software solutions 46

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Global supply chains are slowly being repaired, but many remain reliant upon interconnectivity, collaboration, and dependency across borders.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Of course, it’s impossible to expect that every company would work within the exact same framework of understanding and messaging, but the lack of being able to communicate can sometimes be the difference between success and failure.

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

Supply Chain Game Changer

NOVEMBER 7, 2019

To ensure that digitalization within an organization, is systematic and calculated, it’s important to have a digital strategy as a framework and understand what kind of ecosystem you’d like to/need to create. When building a digital procurement and sourcing ecosystem, it’s important to dig into your existing procurement process.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Procurement Innovation Sourcing 55

Bonfire

MAY 17, 2022

Whether the motivation is new legislation or funding requirements, increasing competition in your RFP responses, or supporting your community — there’s no wrong reason for public sector procurement teams to foster more diversity in their vendor pool. So how do you create vendor diversity initiatives in your organization?

Strategy 52

Strategy Contract Procurement team Suppliers 52

Supply Chain Game Changer

APRIL 29, 2021

These major shifts will likely have various implications for the procurement process. Encouraging innovation and collaboration. Hyperautomation is a framework to blend a wide range of technologies such as legacy platforms, along with the latest tools and emerging technologies. electronics). Hyperautomation.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Supply Chain Game Changer

NOVEMBER 13, 2018

Blog post originally published by Michael Massetti, Executive Partner at Gartner, at [link] and permission to publish here provided by Michael Massetti. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing.

Suppliers 64

Suppliers Supply Chain Efficiency Supplier relationship management supply chain software solutions 64

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

ivalua

JULY 1, 2021

And with remote work and collaboration on the rise like never before, organizations are looking to secure the best price and guarantee delivery through a more flexible financial approach. Organizations need to enable the digital gig suppliers to go self-service within a digital framework, to process electronically and to pay electronically.

Supply Chain Efficiency 26

Supply Chain Efficiency Agile and Lean Supply Chain Suppliers Contract 26

Supply Chain Game Changer

NOVEMBER 21, 2018

Blog post originally published by Jason Rosing and Veridian at [link] Permission to publish provided by Jason Rosing. There is no question that academic research can enable a new generation of supply chain and logistics planning technology based on centralized planning with distributed collaboration. Subscribe Here!

Supply chain management 93

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 93