Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market. Last Mile Logistics: What is it?

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. I think it’s also worth remembering that when getting junior staff to work on prep work that they might have some understanding but will make mistakes that need to be checked over.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? CERTIFICATE COURSES Related courses about this subject 1.

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

DECEMBER 26, 2022

33 Procurement Interview Questions in 2023. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Combining procurement models. Download Whitepaper →. .

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Spend Matters

JANUARY 16, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.

Procurement solutions 82

Procurement solutions Procurement Spend management Supply Chain Optimization 82

Spend Matters

JANUARY 9, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. And let’s hear from Scott Macfee, CEO of SpendHQ.

Procurement solutions 89

Procurement solutions Procurement Procurement team supply chain budgeting 89

Skill Dynamics

MARCH 12, 2024

What is strategic cost management? In brief, strategic cost management is implementing effective cost optimization strategies that lead to improved profitability, operational efficiency, and resource allocation. It’s an approach that many businesses need.

Cost optimization 69

Cost optimization Cost of ownership Procurement Strategy 69

Una

NOVEMBER 1, 2022

Benefits of Strategic Sourcing and Best Practices. For decades, procurement professionals saw as much daylight as the basement-dwelling character Milton Waddams in Office Space. Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services. Strategic sourcing best practices.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. However, the Director’s perspective will likely be more strategic, while the Manager’s perspective may be more operational.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Una

MARCH 16, 2023

Pain Points in Procurement Series How to Build Procurement Influence and Why it Matters How to build procurement influence as a way to stay engaged with other business functions, drive value, and achieve more desirable outcomes. By Hugo Britt | March 16, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. There’s a good argument to be made that the smaller you are, the more strategic you need to be.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

NLPA (Next Level Purchasing Association)

JANUARY 10, 2024

And at the heart of this green revolution lies a powerful tool: green procurement. But for many, particularly newcomers to the procurement world, navigating the labyrinth of green product options and certifications can feel daunting. Enter the world of green certifications, your trustworthy guides in the eco-friendly jungle.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Sustainability Supply Chain Optimization 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

But within this complex system, two terms often get thrown around interchangeably. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. The globalized world relies on efficient and well-coordinated supply chains. Case Study 1: HP, Inc.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Logistics 52

Procurement Software

MARCH 12, 2024

AI in procurement – especially generative AI – is going through the hype phase at the moment. However, it’s proven ability to cut down the time and resources needed to complete many everyday tasks is not to be underestimated. Could AI in procurement make us irrelevant? But make no mistake.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Una

NOVEMBER 29, 2023

11 Things You Can Do While Your GPO Works Behind the Scenes Explore 11 things you could be doing while your GPO takes care of time-consuming procurement tasks behind the scenes. Things you can do while a GPO works behind the scenes And what about you? Day-to-day procurement tasks can bog you down.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. the hybrid work model). Did the pandemic already write procurement’s future?

Procurement 98

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

Una

NOVEMBER 2, 2023

If you have aspirations to become the Clapton of procurement, you will need to use every tool at your disposal. Working with a GPO In our many conversations with procurement professionals, we’ve often encountered a concern that partnering with a group purchasing organization (GPO) will somehow make the individual less effective at their job.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Procurement Software

MARCH 19, 2024

When you hear the words Generative AI in Procurement, your reaction is probably one of two things: Either you get excited, thinking of all the benefits and time-saving hacks it could offer. We therefore must try to understand what potential impact generative AI could have on procurement organisations.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Una

AUGUST 9, 2023

How to Accelerate Savings in Procurement Without Cutting Corners Strategies showing how to accelerate savings in procurement without compromising product quality, integrity, or effectiveness. Speeding up the procurement process is one way to achieve these goals. Your objective? To reach your destination faster than ever before.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Una

FEBRUARY 27, 2023

Pain Points in Procurement Series The Procurement Talent Shortage Discover ways to rectify the procurement talent shortage by attracting and keeping top sourcing candidates. Let’s begin with a pain point that nearly every sourcing team is currently facing: the procurement talent shortage.

Procurement 97

Procurement Procurement team Purchasing Risk 97

SCMDOJO

JUNE 21, 2023

SCaaS offers a strategic impact on business. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. [Read More: SCMDOJO’s Supply Chain and Operations Expert Marketplace ] What is Supply Chain as a Service (SCaaS)?

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Planergy

DECEMBER 22, 2022

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Big Data Business Intelligence (BI) Ethical Sustainability & Responsibility. ESG Strategy and How Procurement Can Keep You Compliant. More Customers.

Data 52

Data Strategy Sustainability Ethics 52

Una

AUGUST 15, 2023

Why Local Sourcing Is The Best Way To Build Social License Tips for developing positive relationships with local stakeholders, accessing community resources, and fostering sustainability to build a strong social license. But it takes work. Clearly, social license isn’t something that should be ignored.

Sourcing 52

Sourcing Supply Chain Efficiency Ethics Sustainability 52

Una

JUNE 29, 2023

By Hugo Britt | June 29, 2023 Search Search At Una, we lovingly refer to procurement professionals as “sourcing heroes.” And, one of the best things about comic-book heroes is their incredible diversity. From Batman to Wonder Woman, Black Panther to Deadpool, every hero has a unique background and set of abilities.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Planergy

JULY 5, 2022

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Planergy

DECEMBER 12, 2023

Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Sustainability. Think of the brand Tom’s shoes. Globalization.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

Planergy

JANUARY 12, 2023

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. Creating Strategic Partnerships.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Claritum

AUGUST 4, 2020

Read the article at claritum.com. Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. resource within the business. the procurement function. the procurement function.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer?

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Planergy

MARCH 2, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

The Procuretech Podcast

JANUARY 25, 2022

He's a university professor, author of four German language procurement textbooks and also a former consultant. A digital transformation project, or orchestrating the changes to make a procurement team fit for the future, are both great examples in this regard. My guest for this one is Prof. Dr. Florian Kleemann. Digitalisation.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Supply Chain Game Changer

SEPTEMBER 15, 2020

Manage Procurement Spend Like It’s Your Own Business! Specifically in the area of Procurement there has been a history associated with attempts to direct spending toward diversity owned businesses. In this article we’d like to explore the history and state of Supply Diversity. Subscribe to Supply Chain Game Changer.

Suppliers 81

Suppliers Supply chain Procurement Sustainability 81

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Unfortunately, implementing changes in procurement can be a bit like that. No matter the situation, it can be hard.

Change management 52

Change management Management Procurement Leadership 52