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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

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“SOWing” The Seeds of Success in TMS Selection

Supply Chain Collaborator

Choose the stodgy, uninspired logistics IT solution provider with the middling results/poor cost efficiency it delivers and you’ll be remembered as lacking vision. Because there are so many variables surrounding what an apartment or automobile delivers (not to mention how much it will cost in the future). It can be done.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category Management Software What is Category Management in Procurement? It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Use appropriate technology to manage the categories.

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Can Blockchain Unblock Supply Chain?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.