Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.

Agile and Lean Supply Chain 130

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

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.

Agile and Lean Supply Chain 130

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

Empowering CPO

JULY 16, 2023

Procurement extends beyond simple purchasing to include activities such as sourcing, negotiation, contracts management, and supplier relationships. The Importance of Managed Procurement Services Managed procurement services bring much-needed expertise, strategic vision, and efficiency to the intricate process of procurement.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address.

Agile and Lean Supply Chain 59

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

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

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

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

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. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The longer-term impacts.

supply chain budgeting 52

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

Jaggaer

APRIL 22, 2019

With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more. A quick look at the regulatory landscape. Procurement at the pivot point.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

Empowering CPO

JUNE 9, 2023

But procurement is more than just buying; it’s about making informed and strategic decisions that can significantly impact a company’s bottom line, efficiency, and competitive advantage. Understanding Procurement Metrics To gauge the effectiveness of procurement activities, businesses rely on procurement metrics.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Pipefy

JANUARY 9, 2024

Because of this complexity, it can also be prone to errors, risks, and costly inefficiencies. Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. What is smart procurement?

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 22, 2023

With a suite of spend analysis services that blend advanced technology, industry expertise, and deep commitment to client success, EmpoweringCPO assists businesses in navigating their spending patterns. We believe in empowering companies to contribute to a more diverse and equitable business landscape, one procurement decision at a time.

Suppliers 52

Suppliers Supply Chain Efficiency supply chain budgeting Data 52

Planergy

SEPTEMBER 5, 2023

By setting clear financial targets, you can align your business strategies with your desired outcomes, such as increased revenue, reduced expenses, or higher profitability. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

HICX

DECEMBER 11, 2023

The effective management of supply chains is critical to business operations and by adopting newer digital solutions, organizations can benefit from improved efficiency, reduced costs and operational improvements across the supply chain as a whole.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JUNE 20, 2023

Introduction In the dynamic world of procurement and supply chain management, understanding your organization’s spending habits isn’t just an administrative duty—it’s a strategic necessity. From a broader business strategy perspective, spend analysis reporting plays an equally crucial role.

Real-time Visibility 40

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

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. Why is Holistic Supplier Management important?

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

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

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Improved data accuracy: Digital systems reduce the risk of human errors, ensuring accurate data for better decision-making.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

IBM Supply Chain Blog

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Pipefy

MAY 9, 2023

They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

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 68

Sustainability Data Strategy supply chain budgeting 68

The Good Spending

AUGUST 23, 2022

Value as the downstream effect of procurement In this post, we explained the differences between the efficiency and effectiveness of public procurement. Procurement must work closely with the supply chain to optimize depreciation exposure to sell or dispose of slow-moving or obsolete inventories. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

IBM Supply Chain Blog

APRIL 21, 2023

This move aims to achieve more complete and transparent sustainability reporting across the region. Organizations will be required to detail how their business strategy will mitigate the risks associated with these environmental and social issues and publish these disclosures publicly.

Sustainability 44

Sustainability Data Risk Strategy 44