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

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

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 71

Sustainability Supply Chain Efficiency Raw materials Supply chain 71

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

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 Optimization 40

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 72

Risk Strategy Risk management Import 72

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 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

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

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

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 80

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 80

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 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

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

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

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

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

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

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 team 47

Procurement team Procurement supply chain software solutions Spend management 47

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

Empowering CPO

JUNE 20, 2023

From a broader business strategy perspective, spend analysis reporting plays an equally crucial role. The insights gleaned from spend analysis can inform everything from budget planning to risk management to sustainability initiatives. While these benefits might seem abstract, they have very real impacts.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Supply Chain Efficiency Data 40

Empowering CPO

JUNE 22, 2023

Benefits of Spend Analysis for Businesses Spend analysis offers a wealth of benefits to businesses: Cost Reduction: By identifying areas of unnecessary spending or opportunities to consolidate suppliers, companies can significantly reduce costs. The Importance of Supplier Diversity A.

Suppliers 52

Suppliers Supply Chain Efficiency supply chain budgeting Data 52

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Create tailored onboarding processes to balance speed & risk.

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

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

Empowering CPO

JULY 3, 2023

It has evolved to managing risks, fostering innovation, promoting sustainability, and contributing to the overall business strategy. These methods often involve manual, time-consuming processes, a lack of transparency in supplier relationships, and difficulty in managing and analyzing large volumes of procurement data.

Innovation 52

Innovation Strategy Procurement Management 52

Planergy

SEPTEMBER 6, 2022

Finally, another valuable part of agile is reflection and review, with all stakeholders responsible for finding ways to become more effective while still maintaining proper risk management processes. What are some of the common principles of agile finance? Transparency – Transparency is key.

Collaboration 52

Collaboration Risk Management Import 52

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. However, the risks always exist and are augmented with further globalization and integration of supply chains.

supply chain budgeting 52

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

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 9, 2023

This could include metrics on supplier innovation, risk management, and value creation beyond cost savings. Agility Metrics: In a fast-paced and uncertain business environment, agility is becoming a critical success factor.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 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

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 56

Sustainability Risk Strategy Risk management 56

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

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

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

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 65

Sustainability Data Strategy supply chain budgeting 65

Zycus Cognitive Procurement

JANUARY 31, 2023

However, by understanding what types of documents and criteria are required, organizations can develop meaningful requirements that encompass all areas of the supplier lifecycle including onboarding, regulatory processes, risk management, and performance criteria. Zycus’ iRisk provides 360o Supplier Risk & Performance Management.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

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 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Planergy

SEPTEMBER 12, 2023

While these investments can lead to long-term benefits, they can also strain a company’s financial resources and require careful planning and risk management. Additionally, they may need to hire and train new employees to handle the increased scope of operations.

Supply Chain Efficiency 52

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