Jaggaer

APRIL 30, 2020

The road to autonomous procurement is “ a journey that starts with technology that assists buyers in completing tasks and ends with a platform that applies knowledge collected from buyers to do the tedious parts of their jobs for them. This final sentence is perhaps the most important part.

Procurement 52

Procurement Buyers Contract Sourcing 52

Procurement Insights

OCTOBER 23, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Quality 62

Quality Procurement Suppliers Leadership 62

Una

JANUARY 1, 2024

Resources to help: A Snapshot of Supply Chain Technology How to Adjust to Evolving Technology Costs IT Procurement | Stranger Things Keeping IT Buyers Up at Night Technology Trends in Procurement 4. Una can help you access 100% visibility of every IT contract and subscription in your organization, including upcoming expiry dates.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

JUNE 15, 2023

The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge. By Hugo Britt | June 15, 2023 Search Search The procurement office of Company A is a bustling place.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Procurement Heads

FEBRUARY 6, 2023

So, it picked me, but I really found out that I love change. When I was in my early days at ICL, as an electronics buyer, I went on a first line management training course and they said that I was a shape and a plant! Every day was different and dynamic but it also played to my numerical brain.

Procurement 130

Procurement Price Negotiation Management 130

Supply Chain Collaborator

APRIL 7, 2016

Most buyers are too intently focused on features and functionality to the detriment of service levels and costs. Change Management responsibilities. You only get one chance, during the selection process, to compel prospective solution providers to be forthcoming with details of their solution and their associated costs.

Cost of ownership 61

Cost of ownership Buyers Logistics Change management 61

Jaggaer

OCTOBER 22, 2020

The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. Their annual spend is approximately $400 million, with the biggest shares split between the IT, services and facilities management categories and 4,000 vendors worldwide, the majority based in Morocco.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

SEPTEMBER 19, 2022

That requires as close to real time sharing of information as possible, from both buyers and suppliers. Greater willingness to share details helps suppliers plan their own supply chains and leverage existing Spend Management systems. Manage Risk, Create a Competitive Advantage.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. Finally, he brings the conversation back to the procurement professionals, pointing out that it’s up to them to become the buyer, or customer-of-choice. .

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Procurement Insights

JUNE 24, 2022

Ironically, the first article in this blog about using spreadsheets was a guest post by Glenda Leatherman , a change management consultant, in March 2008. ” Patel adds, “Excel, Word and email are still dominating the buyer/seller interaction for all transactions.” ” Guest Author Glenda Leatherman.

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Supply Chain Game Changer

DECEMBER 19, 2019

It’s not always simple; the industry must continue to meet the expectations of a demanding customer base, while making certain that any changes are sustainable. As such, we can expect some potentially drastic changes, and with them the need for smart solutions. 1) Omni-Channel and Buyer Behavior.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 62

Empowering CPO

JUNE 14, 2023

Moreover, traditional procurement models can be slow and bureaucratic, lacking the flexibility to adapt to changing business needs and market conditions. They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Let's Talk Supply Chain

JUNE 5, 2023

If you enjoyed this episode, check out 319: Improve the Way Buyers and Suppliers Work Together, with Nipendo , or why not read our blog: From “Doing Digital” to Being Digital: How Decision Intelligence is Transforming Supply Chains. Check out our other podcasts HERE.

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

The Procuretech Podcast

JANUARY 25, 2022

We dive into the topic of how people are a vital factor in change management. A digital transformation project, or orchestrating the changes to make a procurement team fit for the future, are both great examples in this regard. We dive into the topic of how people are a vital factor in change management.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

Procurement Software

MARCH 11, 2022

For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? All of whom would typically earn less than a Category Manager. Do you really need a team of 10 category managers? Dr. Florian Kleemann on this topic.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Supply Chain Game Changer

NOVEMBER 12, 2019

After graduation I went to work full-time at Celestica as a buyer / planner in our memory solutions group. At that time 16 MB of RAM was over $1,000 – how time has changed and technology has evolved. I spent almost 20 years between IBM and Celestica primarily focused on Global Supply Chain, Global Operations and Inventory Management.

Leadership 42

Leadership supply chain software solutions Supply chain Purchase orders 42

Procurement Software

MARCH 11, 2022

For the operational and transactional columns, how many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? All of whom would typically earn less than a Category Manager. Do you really need a team of 10 category managers? Dr. Florian Kleemann on this topic.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

ivalua

MAY 21, 2020

How has the role changed over the past few years? It’s changed dramatically. Procurement teams were just buyers who delivered what other departments told them to buy. Change management experts say it takes people about three years of practicing a new behavior before that behavior becomes the new normal.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Zycus Cognitive Procurement

FEBRUARY 2, 2021

For example, S2P solutions offer collaborative communication built into the solution itself, enabling real time communication and an audit trail between suppliers, buyers, and internal stakeholders. Contract management and e-procurement are other immediate areas of transformational interest for enterprises. The RoI of AI.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Cost and Profit Management. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Check out What is Change Management’s Role in the Digital Transformation of SCM? © Copyright Mortson Enterprises Inc, 2017.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Procurement Heads

MARCH 2, 2023

As a procurement leader who specialises in change management, among other things, how much have the fast-moving and numerous global situations impacted delivery would you say? We will see, it is certainly not in 4C’s control or any other consultancies’ control. Most of it is related to that lack of need to be on-site.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 130

SCMDOJO

AUGUST 21, 2023

> Watch Now: Too Late for Change Management? > Through his engaging TikTok videos, Dr. Ahmed imparts invaluable insights into the qualities that define exceptional buyers, highlighting effective communication, adept negotiation, and adaptability. > Watch Now: 6 Characteristics to be a Good Buyer! >

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Supply Chain Game Changer

MARCH 6, 2019

In essence, sourcing is the first point of contact between the buyer and supplier organizations, which makes it a very formative phase of the overall relationship for collaboration. The responsibility of sourcing responsibly is shared between stakeholder, supplier, buyer and society at large. Responsible Sourcing. Circular Economy.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Claritum

FEBRUARY 24, 2020

Change Management. All changes can be discussed and mutually agreed over an extended time to achieve a long term need. Changes tend to be associated with a specific scope of work, drawing or specification. Ad-hoc procurement situations become easier to manage. Creating a multi-buyer sourcing event.

Procurement 41

Procurement Purchasing Suppliers Sourcing 41

Una

JANUARY 11, 2023

Yet typically, 15% to 30% of spend is only guided by policies that decentralized buyers may be too busy to follow. Procurement teams had to be content with establishing policies and encouraging buyers across the business to follow them. Focus on change management. 6 Steps for Successful Change Management in Procurement.

Procurement 98

Procurement Raw materials Change management Risk 98

Procurement Insights

OCTOBER 20, 2023

In fact it was because of this disconnect between application functionality and buyer requirement that change management initiatives were introduced. After all, if the ERP solutions truly reflected the way in which buyers actually worked what change would really be required? Where have I heard this before?

Real-time Visibility 70

Real-time Visibility Buyers Eprocurement Procurement 70

Pipefy

JANUARY 11, 2023

An abundance of manual work and rapidly changing processes. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). Change management is just as important as the changes themselves. Maintaining compliance of spend policies and dealing with rouge spending (40%).

Strategy 52

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

Zycus Cognitive Procurement

JANUARY 6, 2021

One can achieve these results with a robust dynamic discounting model that lets AP identify the best payment terms and offers mutually beneficial for both buyers and suppliers. One can compare this to an extra 200K by average performing AP organizations. The value is exact, and so is the road-map to drive more value out of accounts payable.

Buyers 40

Buyers Risk Negotiation Contract 40

Supply Chain Game Changer

JANUARY 21, 2020

In order to best implement an S2P process, in 2019, a procurement team requires change management, the support of intelligent digital solutions and cross-functional alignment. I do believe S2P is a domain that every sourcing and procurement organization needs to have a handle on. But, what is Source-to-Pay? But, is it?

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Claritum

FEBRUARY 24, 2020

If projects are large or repeated the opportunity is similar to that of a Category focus Change Management All changes can be discussed and mutually agreed over an extended time to achieve a long term need Changes tend to be associated with a specific scope of work, drawing or specification. 8: Associated articles.

Procurement 32

Procurement Purchasing Suppliers Sourcing 32

Supply Chain Game Changer

APRIL 15, 2020

Sometimes, digitalization requires change management, process shifts, and organizational restructuring. Digitalization doesn’t always result in direct digital conversion of existing analog processes and manual operations. Simply, the way you’re working today isn’t necessarily the right way to work tomorrow.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Procurement Software

FEBRUARY 14, 2023

Important here is also how many of those users will be buyers / approvers vs. just requisitioners or view only access to access reports. Along with people and change management, UI (user interface) and UX are essential success factors of a digital transformation.

supply chain software solutions 72

supply chain software solutions Procurement Price Sourcing 72

SCMDOJO

FEBRUARY 29, 2024

What to evaluate should be related to the requirements of the particular buyer (Knowledge Works, CIPS). Figure 2: SPM Project Roles & Responsibilities (Gordon Sherry R, 2008) Supplier Performance Assessment – What are the criteria? Supplier evaluation is situational.

Suppliers 55

Suppliers Management Quality Import 55

Supply Chain Game Changer

MAY 8, 2019

In order to best implement an S2P process, in 2019, a procurement team requires change management, the support of intelligent digital solutions and cross-functional alignment. I do believe S2P is a domain that every sourcing and procurement organization needs to have a handle on. But, what is Source-to-Pay? But, is it?

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

Procurement Insights

AUGUST 30, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

ivalua

OCTOBER 29, 2019

Change Management. Communication is the largest part of change management, but it deserves independent consideration as well. Ensuring that there is a dedicated change management workstream mitigates the risk level of the entire implementation. Where are the greatest changes taking place?

Eprocurement 100

Eprocurement Risk Influencing Change management 100

The Procuretech Podcast

JUNE 28, 2022

Could he talk us through what a successful change management process looks like, in terms of ‘going bionic’? Buyers need to know their tools for risk management, just as well as they do already for savings. This seems to encapsulate what he’s trying to say here. Wolfgang brings up the case of a German automotive company.

Sourcing 52

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