Jaggaer

JULY 21, 2023

Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.

Business strategy 52

Business strategy Strategy Suppliers Data 52

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. Strategy development considers how best to communicate with the chosen suppliers around specific needs and solutions.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

Supply Chain Game Changer

AUGUST 5, 2021

What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Building a secret recipe for smooth supplier management requires a foundation, which you can build upon, experiment with, and eventually make your very own. Subscribe Here!

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

ivalua

AUGUST 26, 2015

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.

Suppliers 173

Suppliers Real-time Visibility Sourcing Quality 173

Arkestro

AUGUST 1, 2022

Constrained supply chains and the associated shortages have resulted in mounting pressures from the government and investors for organizations to diversify their supplier bases. The supplier relationship management dynamic has changed, with procurement processes becoming increasingly supplier-centric. Supplier Frustrations.

Supplier relationship management 52

Supplier relationship management Suppliers Management Buyers 52

Skill Dynamics

AUGUST 11, 2022

Managing strategic suppliers effectively is essential for procurement and supply chain teams to improve processes and drive competitive advantage for their organization. Investing time and effort in managing these suppliers will contribute considerably to the success of your organization. Identifying your strategic suppliers.

Procurement team 52

Procurement team Suppliers Supply chain Supplier relationship management 52

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 149

Leadership Suppliers Strategic sourcing Strategic sourcing 149

Empowering CPO

JUNE 22, 2023

Introduction In an increasingly interconnected global economy, supplier diversity has emerged as a key strategy for companies seeking not only to foster social responsibility and inclusivity, but also to drive innovation, competitiveness, and market growth. This can also highlight areas where supplier diversity can be improved.

Suppliers 52

Suppliers Supply Chain Efficiency supply chain budgeting Data 52

The Good Spending

JUNE 6, 2022

The relationship-based supplier segmentation model In our earlier post, we provided a comprehensive view of the theoretical and practical aspects of outsourcing. It's not only sound in the context of outsourcing but may be applied to structure your supplier relationship management (SRM) strategy.

Suppliers 52

Suppliers Supplier relationship management Contract Risk 52

Skill Dynamics

AUGUST 15, 2022

Strategic supplier relationship management (SRM) is a key factor for driving competitive advantage for multi-national organizations. We’ve highlighted the most important elements to help improve supplier relationship management: Foster the right behaviors. Get the most out of strategic suppliers. Effective communication.

Supplier relationship management 52

Supplier relationship management Suppliers Strategy Management 52

ivalua

AUGUST 26, 2015

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.

Suppliers 100

Suppliers Real-time Visibility Sourcing Quality 100

Planergy

AUGUST 16, 2022

How AP can improve relationships with your key suppliers. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. For the best results, a company should approach supplier development strategically and systematically. Written by.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

Spend Matters

AUGUST 29, 2022

Categories: Sponsored Article , Supplier Management , supplier networks , Supply Chain Management Tags: Sponsored Article In the modern world of business, outsourcing has become increasingly popular due to its multitude of benefits; from cost-saving to accessing specialized skill sets and resources.

Supply chain 122

Supply chain Supply chain management Supply chain management Supply 122

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

IBM Supply Chain Blog

JANUARY 23, 2024

How is procurement linking stakeholders’ needs with the suppliers who can deliver the right capabilities? At IBM, with operations in more than 170 countries involving over 13,000 suppliers, this wasn’t an easy task. Are suppliers meeting contract requirements, service levels and sustainability goals?

Procurement 98

Procurement Real-time Visibility Contract Suppliers 98

Procurement Templates

SEPTEMBER 14, 2023

Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation. This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices. Moreover, transparency and communication are critical in supplier relationships.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

ivalua

SEPTEMBER 13, 2021

Redwood, CA – 14 th September 2021 – Ivalua , a leading global spend management cloud provider , announced today the results of a commissioned study conducted by Forrester Research on behalf of Ivalua which shows that companies have been prioritizing CSR initiatives as part of their core business strategies – and it has paid off.

Collaboration 130

Collaboration Ethics Sustainability Strategy 130

Let's Talk Supply Chain

MARCH 23, 2023

This month we’re proud to feature Erica Patterson, Director of Contracts Management & Supplier Diversity at Philadelphia Gas Works. I have 15 years of experience directly in Supply Chain Management—Purchasing, Warehousing, Operations, Contract Services, Strategic Sourcing, Supplier Relationship Management, and Supplier Diversity.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52

Una

NOVEMBER 1, 2022

These “back-office” workers were seen primarily as clerical support, entering and tracking purchase orders and researching suppliers. Investing in procurement technology , team training, and supplier relationship management will have greater rewards than short-term selections based on the lowest price or aggressive supplier negotiations.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. This may involve conducting audits of suppliers, implementing codes of conduct and using certification schemes to verify compliance.

supply chain software solutions 89

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 89

Spend Matters

DECEMBER 13, 2022

According to research from McKinsey, two-thirds of the average company’s ESG footprint lies with suppliers, but few companies have judiciously scrutinized their supply chain.

Sustainability 91

Sustainability Procurement Business strategy Supply chain 91

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? Why is CPFR Important?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

IBM Supply Chain Blog

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. This can involve using technology solutions such as Prevalent to collect and analyze data, and then engaging with suppliers to improve performance. Collaborate with suppliers.

Risk management 88

Risk management Risk Management Sustainability 88

Procurement Tactics

JANUARY 9, 2023

Sustainability transformation necessitates a great understanding of new technologies, strong engagement with stakeholders and suppliers, and huge investments in sustainability. . As a business, you have suppliers that support your goal. You have your strategy and have executed what you are planning.

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

Procurement Heads

SEPTEMBER 14, 2022

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. Procurement and supplier management are carried out by separate teams under my leadership. I also have accountability for the supply chain third-party management risk and environmental, social and governance (ESG) strategy.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

Procurement Heads

SEPTEMBER 1, 2022

IT and technology category experts – are regularly in high demand, with lots of businesses looking for true subject matter experts in hardware, software and services categories. The turbulence of the last few years has seen the stagnation/postponement/cancellation of (potentially) business critical projects and programmes.

supply chain software solutions 130

supply chain software solutions Supplier relationship management Supply chain Demand 130

Claritum

JULY 31, 2018

This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Supplier Performance Management. Supplier Risk, Diversity and Compliance Management.

Suppliers 42

Suppliers Management Real-time Visibility Supplier relationship management 42

Procurement Heads

APRIL 26, 2023

Inflation has been a challenge: we’ve had to negotiate supplier requests to increase cost. In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. What inspires you as a procurement leader?

Agile and Lean Supply Chain 130

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

ivalua

AUGUST 29, 2019

In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

Procurement 154

Procurement Procurement team Supply Chain Efficiency Business strategy 154

Procurement Tactics

SEPTEMBER 19, 2022

The job of these officers may involve qualifying new suppliers, ensuring quality performance, and supporting supplier diversity policies. . BSR works with over 250+ companies, civil partners, and government agencies to develop ambitious business strategies. . What is Sustainable Supply Chain Consulting?

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Procurement Heads

APRIL 26, 2023

Inflation has been a challenge: we’ve had to negotiate supplier requests to increase cost. In this really challenging environment, more emphasis has to be put on supplier risk management and building strong relationships with critical and strategic suppliers. What inspires you as a procurement leader?

Agile and Lean Supply Chain 130

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

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is not merely a series of steps for acquiring goods and services.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Procurement Tactics

NOVEMBER 20, 2022

However, what is a sustainable business? For this article, we will discuss what sustainable business is. We will tackle its importance and tell you how you can create your sustainable business strategy. Ultimate Supplier Plotting Checklist 2022. Creating a Sustainable Business Strategy.

Sustainability 147

Sustainability Ethics Agile and Lean Supply Chain Strategy 147

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. . Increasing adoption of technology will allow procurement teams to gain complete visibility into all suppliers and spend.

Procurement 130

Procurement Procurement team supply chain software solutions Supply chain 130

Supply Chain Game Changer

JANUARY 19, 2022

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. Improve Your Supplier Relationships. Great suppliers are reliable. The Supply Chain Renaissance Has Begun!

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Barkers Procurement

NOVEMBER 15, 2023

We’ll begin by conducting an opportunities assessment, which involves speaking to your procurement department and the wider business to get a picture of your procurement structure. We’ll learn about your suppliers, what type of relationship you have with them and how you manage your suppliers. We’ll analyse your spending.

Procurement 52

Procurement supply chain budgeting Business strategy Strategy 52