Procurement Insights

DECEMBER 30, 2023

EDITOR’S NOTE: Who are the Next Gen (Procurement) Rebels? Check out the article Procurement’s Most Wanted List: Who Are The Next Gen Rebels? The best way to predict or anticipate the future of procurement is to talk to those professionals who want to influence the future versus being a spectator of it.

Procurement 80

Procurement Supply Chain Efficiency Risk Innovation 80

SCMDOJO

SEPTEMBER 26, 2023

Supply chain management professionals know the essentiality of Enterprise Resource Planning (ERP): these software systems automate everything from procurement, inventory, and financials, as well as assist with customer relations and human relations.

Supply chain management 73

Supply chain management Supply chain management supply chain software solutions Agile and Lean Supply Chain 73

Positive Purchasing

APRIL 6, 2023

He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. Should you get some? But first you need a timeout.

Data 105

Data supply chain software solutions Supply chain Procurement 105

Barkers Procurement

NOVEMBER 15, 2023

There are several different reasons why you might wish to optimise your procurement department. Your business or organisation could be entering a new growth phase or a growth strategy phase. You might be developing a new product or breaking into a new market. You can achieve this with our winning approach to procurement.

Procurement 52

Procurement supply chain budgeting Business strategy Strategy 52

Strategic Sourceror

DECEMBER 5, 2022

Prior to the pandemic, just-in-time inventory — the supply chain management strategy of keeping "just enough" inventory in stock to satisfy expected demand — was considered conventional wisdom. In short, it's an "everything and the kitchen sink" approach to inventory management.

Inventory 62

Inventory Strategy Supply Chain Efficiency Management 62

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

Sourcing 52

Sourcing supply chain budgeting Procurement Bidding 52

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight.

Inventory control 80

Inventory control Inventory Supply Chain Optimization supply chain budgeting 80

Let's Talk Supply Chain

JULY 27, 2022

Every month our Women in Supply Chain blog series brings you the female thought leaders who are making bold moves and shaking up the industry as we know it. I’ve consulted several cloud procurement & supply chain application providers (2008-2012) and influenced their product roadmaps.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Real-time Visibility 115

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. This often includes how a procurement manager goes about ordering and paying for something. What is procurement? Before we begin.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Positive Purchasing

SEPTEMBER 5, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan works with global blue-chip organizations to help transform their procurement capability. So, we did a swift 90º proposition reboot and became a business helping big global organizations be really good at procurement and negotiation.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With such a range of potential environmental and social risks and impacts, where on earth do you start?

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

World of Procurement blog

APRIL 23, 2024

One critical area that often comes under scrutiny is the procurement process. Procurement isn't just about purchasing goods and services; it's a strategic function that if executed well, can significantly contribute to a company's competitive advantage. Develop Your Approach: Choose your procurement methods based on analysis.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

World of Procurement blog

APRIL 23, 2024

One critical area that often comes under scrutiny is the procurement process. Procurement isn't just about purchasing goods and services; it's a strategic function that if executed well, can significantly contribute to a company's competitive advantage. Develop Your Approach: Choose your procurement methods based on analysis.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Zycus Cognitive Procurement

JULY 6, 2022

Indirect spend includes everything from office supplies to marketing and advertising expenses. In this blog post, we’ll explore some tips for getting started. . With so many items and internal customers, it can be overwhelming to keep track of everything. Understanding the importance of indirect procurement.

Category management 52

Category management Competitive bidding Raw materials Eprocurement 52

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Indeed does most of the legwork for you and makes it easy to create an attractive resume for supply chain jobs! Indeed does most of the legwork for you and makes it easy to create an attractive resume for supply chain jobs! Jobsinlogistics. Supply Chain Management Jobs.

Supply chain 113

Supply chain Supply Supply chain management Supply chain management 113

Arkestro

MARCH 8, 2024

Resources / Blog / Inspiring Inclusion: The Transformative Role of Women in Procurement Inspiring Inclusion: The Transformative Role of Women in Procurement As we celebrate International Women’s Month 2024 , the spotlight shines on the progress toward equality and the continued journey for inclusive growth within the professional sphere.

Procurement 52

Procurement Leadership Data Innovation 52

Zycus Cognitive Procurement

JANUARY 26, 2022

The procurement function in most companies has changed from being a support team to becoming a strategic partner in the success of the company. Cost savings is no longer the top KPI for procurement departments. Procurement technology has evolved as well, in parallel. As the role of procurement changes, so does its risks.

supply chain budgeting 52

supply chain budgeting Budget Procurement Contract management 52

Planergy

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Taking your time throughout the process ensures you get the best possible match. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! What is Vendor Analysis?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

The Thomas Blog

JUNE 22, 2022

It doesn't matter if you're opening a new facility, expanding into creating new markets or products, or simply trying to expand your customer base, we're here to help you do so. That means (at a minimum) you need a website that's up to date and modern. That means (at a minimum) you need a website that's up to date and modern.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

EazyStock

APRIL 18, 2023

In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. High inflation rates are seeing price increases for everything from products and components to commodities and utilities, creating a global cost of living crisis. in 2023 and 4.3%

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 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. What is Social Value? Let me start with a quick definition of Social Value. When it comes to Social Value, the stakeholders are citizens.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Planergy

SEPTEMBER 8, 2022

How better management in AP can give you better flexibility for cash flow management. But, how do you measure supplier performance? There are many factors to consider, and it can be difficult to know where to start. Cristian Maradiaga. King Ocean. Book a Live Demo. How AP can improve relationships with your key suppliers.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Supply Chain Game Changer

NOVEMBER 28, 2018

Blog originally published at, and permission to publish here provided by Sam Jenks at, [link]. Check out Supplier Collaboration is a Win-Win Strategy! Previous CIO of General Motors (GM), Tony Scott, was once quoted saying, “GM is a highly collaborative organization; we rely on a whole tier of suppliers for everything that we do.”.

Innovation 59

Innovation Collaboration Suppliers Procurement team 59

EazyStock

MARCH 26, 2018

Why do we need EazyStock?” Through better inventory management, we’ve been able to support our stock management and procurement processes much better, which has even resulted in higher profits!” In Microsoft Dynamics NAV for example, you can set values for reorder points and safety stock levels. ” [1].

Inventory 72

Inventory Management Demand Purchasing 72

Planergy

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Why You Need a Travel and Expense Policy? Why You Need a Travel and Expense Policy? To travel for work-related purposes, employees often need to submit a travel expense report detailing their costs.

Purchasing 52

Purchasing Purchase orders Management Budget 52

Planergy

AUGUST 18, 2023

How better management in AP can give you better flexibility for cash flow management. This blog post will explore how office management has evolved, delve into various types of offices, and provide practical best practice guidelines for modern office management, including innovative software solutions. What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

How better management in AP can give you better flexibility for cash flow management. This blog post will explore how office management has evolved, delve into various types of offices, and provide practical best practice guidelines for modern office management, including innovative software solutions. What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Supply Chain Game Changer

JUNE 8, 2021

Whether you are a student, at the beginning of your career, or an expert sought after by others, we can all continue to learn from others. Look up and down the chain to see what goes on before and after you … the most effective supply chains are the ones that are highly integrated and collaborative! Do what you love! Be curious.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

TYA Suite

MAY 14, 2023

An Stock from the time it is ordered Movement of the stock within a warehouse to multiple warehouses Status of the stock till it reaches its destination or disposal In this blog post, we will throw light on the benefits and key features of the inventory management. Why Do You Need an Inventory Management System?

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

This article was posted on Oracle’s Supply Chain Management blog. Certainly, they recognize that the digital supply chain is the future—that everything around us is either digitized or will be digitized. How do you handle firms that are still trying to grasp the basics? Subscribe Here! Email Address. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Supply Chain Game Changer

NOVEMBER 16, 2018

We needed a strategy to tackle the immediate cash shortfall and to then create a strong cash position moving forward. We had to define a strategy and tightly manage all of the forces using and generating cash. This is through no fault of their own; cash is less tangible when you are a small part of a big company.

Management 53

Management Real-time Visibility Inventory Supply chain 53

Supply Chain Game Changer

NOVEMBER 8, 2018

He had complete command of his facts, situation, direction and strategy. He was so knowledgable that his expertise and experience came shining through in everything that he said. As John and I continued to work together we knew that we needed to make serious, game changing improvements around the world.

Leadership 44

Leadership Supply Chain Efficiency Supply chain Raw materials 44

Claritum

OCTOBER 21, 2019

Claritum Article - Procurement Blog. Define your Solution Needs. Challenge Everything. To help guide your search, we’ve compiled important considerations and questions, relating specifically to addressing automation of Indirect Procurement. You’re the Procurement expert and technology shouldn’t get in the way.

Eprocurement 32

Eprocurement Suppliers Data Procurement 32

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. After this article, you will know the difference between regular and blanket purchase orders and how using this will benefit your organization.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Supply Chain Game Changer

NOVEMBER 8, 2018

Check out Do you have a Freight Management Strategy or are you Spinning your Wheels? Subscribe Here! Email Address. Why have so few companies adopted a Transportation Management System (TMS) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. They would get better service.

Real-time Visibility 43

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 43

Supply Chain Game Changer

NOVEMBER 10, 2018

Blog post and permission to publish provided by Milan Vyas. Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Positive Purchasing

NOVEMBER 1, 2023

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With Chat GPT almost becoming mainstream now, tech development is moving so fast it could give you a nosebleed. James: Both!

Procurement 111

Procurement supply chain budgeting Category management Budget 111