ivalua

MARCH 31, 2020

Key findings include: 97% of advanced procurement departments say procurement strategy is well aligned with overall business strategy versus only 14% of beginners. . 51% of advanced procurement departments measure performance weekly or biweekly, versus only 26% of beginners. .

Procurement 130

Procurement Procurement team supply chain software solutions Supply chain 130

Procurement Heads

APRIL 26, 2023

In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. Uncertainty is the new normal, so what capabilities can procurement deploy to have businesses navigate these words of complexities?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. Uncertainty is the new normal, so what capabilities can procurement deploy to have businesses navigate these words of complexities?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

SEPTEMBER 1, 2022

Where the needs are focusing on driving value, third-party risk management and ensuring “in life” contracts are meeting expectations. . The turbulence of the last few years has seen the stagnation/postponement/cancellation of (potentially) business critical projects and programmes. And what skillsets are they looking for?

supply chain software solutions 130

supply chain software solutions Supply chain Supplier relationship management Demand 130

Jaggaer

FEBRUARY 5, 2025

Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach. Because thousands of suppliers already work with JAGGAER customers, the onboarding process is quick and easy.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Tactics

SEPTEMBER 19, 2022

It offers a sustainable procurement impact assessment to identify spend categories with the most opportunity and risk. . Sphera provides ESG performance and risk management software, data, and consulting services. Additionally, Procura Consulting tailors recommendations to an organization’s sustainability objectives. .

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. Inability to execute good Business Strategies. Inefficient Logistics and Business Metrics. Social Responsibility is a major dimension of their business strategy.

Agile and Lean Supply Chain 52

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

Planergy

MAY 8, 2025

This has helped boost transformation success by 42% , as workflows become easier to manage and adopt across departments.[7] 9] Risk mitigation is another driver. Predictive tools help teams flag supplier vulnerabilities early and make smarter sourcing decisionsleading to a 20% improvement in risk management outcomes.[7]

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Barkers Procurement

DECEMBER 19, 2023

Barkers managed the process from an ‘as is’ review through to recommendations, with the final solution offering the client indicative savings in excess of £600,000 and enhanced risk management particularly in the field of cyber security and data management. This informed the development of the scope of the project.

Management 52

Management Risk management Risk Business strategy 52

Jaggaer

APRIL 22, 2019

Purchasing volumes can account for up to 60 percent of revenue for an organization depending on the industry, making it clear that procurement plays a central role in a business’s sustainability effort. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Procurement Templates

SEPTEMBER 14, 2023

Conclusion Procurement and sustainability are no longer separate entities but rather intertwined components of a modern, responsible business strategy. Innovation Opportunities: Collaborating with suppliers to develop sustainable products and processes can lead to innovation and a competitive advantage in the market.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Pipefy

MAY 21, 2024

COBIT Control Objectives for Information and Related Technology is an internationally recognized ITG framework that helps organizations align their IT strategy with their business goals, in addition to risk management and regulatory compliance. Businesses in the U.S. Start where you are. Optimize and automate.

Strategy 52

Strategy e2e Risk management Risk 52

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply Risk Checklist Vendor Risk Management Your Business Strategy Is Foolproof, Right? 10 Strategies for Improving Supplier Relationship Management SRM You Do Have A Late-Stage Negotiation Strategy, Don’t You?

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

IBM Supply Chain Blog

DECEMBER 15, 2023

A play on the business term “the bottom line,” otherwise referred to as profit, the triple bottom line adds two more players to the mix of modern-day business strategy. Sustainability trifecta: Triple bottom line Profit, people and the planet comprise the trifecta that is known as the triple bottom line.

Sustainability 65

Sustainability Supply Chain Efficiency Raw materials Supply chain 65

TYA Suite

MAY 13, 2025

This strong internal engagement helps align with overall business objectives, ensuring that procurement activities contribute to broader goals such as cost reduction, operational efficiency, or product development. As a result, procurement becomes not just a function, but a core driver of business strategy.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Procurement Heads

SEPTEMBER 14, 2022

As well as the social aspect we hold an annual conference where we set out our business strategy and our expectations of our partners, awards and recognition together with supplier forums where even competing suppliers come together to problem solve and generate ideas.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy. Because finding the right suppliers can be challenging, some businesses turn to technology to help. They can also provide access to new markets, technologies, and expertise, offering a competitive advantage.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

IBM Supply Chain Blog

DECEMBER 8, 2023

Risk mitigation and IBM Business faces many challenges today, including combating financial crime and fraud, controlling financial risk, and mitigating risks in technology and business operations.

Risk 67

Risk Strategy Risk management Import 67

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

She shared her real-life experience of how procurement and supply chain across industries are driving core business strategies. She mentioned that from her experience of working with global clients, there are 2 major focus areas for every implementation: a) eliminating non-value adding activities and b) building a sustainable business.

Procurement 40

Procurement Chief Procurement Officer Agile and Lean Supply Chain supply chain software solutions 40

IBM Supply Chain Blog

JUNE 29, 2023

Risk management IBP facilitates proactive risk management by considering various scenarios and identifying potential risks and opportunities. By analyzing data and conducting what-if analyses, companies can develop contingency plans and mitigate risks before they materialize.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

Planergy

SEPTEMBER 5, 2023

Sets Financial Goals and Objectives A well-prepared budget serves as a roadmap for your business’s financial growth. By setting clear financial targets, you can align your business strategies with your desired outcomes, such as increased revenue, reduced expenses, or higher profitability.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Pipefy

JANUARY 9, 2024

The benefits include cost savings increase, better decision making and risk management. Benefits of smart procurement A recent Pipefy’s survey of business and IT leaders found that for more than 50% of all respondents, the leading benefit of applying AI to existing process automation initiatives was better use of employee time.

Agile and Lean Supply Chain 52

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

NLPA (Next Level Purchasing Association)

MAY 7, 2023

Supply Risk Checklist Vendor Risk Management Your Business Strategy Is Foolproof, Right? 10 Strategies for Improving Supplier Relationship Management SRM You Do Have A Late-Stage Negotiation Strategy, Don’t You?

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

Empowering CPO

JULY 16, 2023

In such a complex landscape, maintaining efficiency, controlling costs, ensuring quality, and mitigating risks become significant concerns. This is where managed procurement plays a pivotal role in aligning procurement strategy with overall business strategy, fostering a global vision, and achieving operational excellence.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

It’s also about whether those capabilities allow you to create better customer experiences and improve your productivity to compete more effectively, execute a successful shift in business strategy, or even just to fix your basic problems. Perhaps we could talk more about the benefits of building a digital supply chain.

Agile and Lean Supply Chain 59

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

IBM Supply Chain Blog

APRIL 3, 2024

Per the new SEC rules, companies will be required to disclose: Climate-related risks and costs Climate-related risks that have had or are reasonably likely to have a material impact on the registrant’s business strategy, results of operations, or financial condition; The actual or potential material impacts of any identified climate-related risks (..)

Sustainability 52

Sustainability Risk Strategy Risk management 52

Supply Chain Opz

JUNE 1, 2014

This section will cover JIT and outsourcing by Apple Inc, Supply Chain Risk Management by Cisco System, Technology Roadmap by Intel, Supply Chain Network Model by HP, Mass Customization by Dell and Quality Management by Sam Sung. Then, a poor planning will result in a massive loss.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Empowering CPO

JUNE 30, 2023

The advantages are multifaceted – cost savings, improved efficiency, access to expert knowledge, risk management, and the ability to focus on core business functions, to name a few. At EmpoweringCPO, we view procurement not as a separate function, but as an integral part of your business strategy.

Supply Chain Optimization 52

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

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). 9) Carter McNabb , Partner at GRA Supply Chain Consultants Global supply chain operational efficiency is derived from a combination of supply chain strategy, planning and execution.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

IBM Supply Chain Blog

DECEMBER 13, 2023

Understand the organization’s needs—whether it’s increased sales, managing cash flow, shorter time-frames, improved forecasting, quality management or sustainability—and how they align with the overall business strategy and long-term plan.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

The Good Spending

AUGUST 23, 2022

Risk management is the future of the procurement profession, alongside relationship management. Whatever the company business strategy requires – premium materials or low-cost yet reliable ingredients – we are there to ensure the best fulfillment of quality requirements. Affordability.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Art of Procurement

MARCH 23, 2023

Nothing that is simple is real, and nothing that is real is simple. Procurement and supply chain professionals excel at. The post [Pod] The Next Phase of Dial P for Procurement Begins appeared first on Art of Procurement.

Procurement 128

Procurement Supply chain Supply Supply market 128

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

MAY 4, 2023

Some key strategies include: 1. Develop a clear vision: Outline the specific goals and objectives of the digital transformation, and ensure that they align with the overall business strategy. Risk management plan: Identify potential risks in the procurement process and develop contingency plans to mitigate their impact.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JULY 16, 2023

In such a complex landscape, maintaining efficiency, controlling costs, ensuring quality, and mitigating risks become significant concerns. This is where managed procurement plays a pivotal role in aligning procurement strategy with overall business strategy, fostering a global vision, and achieving operational excellence.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

IBM Supply Chain Blog

MARCH 26, 2024

How aligned is the sustainability strategy to the business strategy? How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation? Questions might include: Where is the organization relative to its required and voluntary sustainability goals?

Sustainability 60

Sustainability Data Strategy supply chain budgeting 60

IBM Supply Chain Blog

APRIL 4, 2024

Business process management examples BPM can help improve overall business operations by optimizing various business processes. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54