ivalua

AUGUST 26, 2021

Redwood City, CA – 26th August 2021 – Research from Ivalua, a leading global spend management cloud provider, has revealed more than half (58%) of European suppliers said buyers rarely or never include responsible labour practices in contracts or agreements. The report also identified a lack of consistent monitoring of labour standards.

Procurement team 100

Procurement team Suppliers Buyers Procurement 100

Supply Chain Game Changer

OCTOBER 1, 2022

These quality standards extend to ethical labor and environmental standards as well, where companies should be aware of the ethical practices and social equity of their international suppliers. The rise in major e-commerce marketplaces has created an expectation among buyers that delivery times should be fast and cheap.

Supply chain 92

Supply chain Ethics Supply Quality 92

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. A crucial part of successful procurement strategies is the art and science of negotiation.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Spend Matters

OCTOBER 24, 2023

Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement. Onventis Buyer represents a powerful solution that streamlines and automates the entire procurement journey, from the initial sourcing to the final payment to spend analysis.

Procurement solutions 89

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 89

Spend Matters

NOVEMBER 2, 2022

B2B vendors that use a B2C model are learning to create a fair, ethical model for sourcing services. To potential buyers — Globality offers an interactive, collaborative self-service approach to sourcing that saves organizations time and money while still promoting their ESG and diversity goals.

Sourcing 78

Sourcing Strategic sourcing Strategic sourcing Ethics 78

ivalua

JULY 6, 2021

Supply Nation certifies Indigenous businesses and maintains a comprehensive directory and active community to connect these suppliers with buyers in all sectors,public and private. . How can your organization keep pace and what tactics can be used to ensure ethical supplier diversity? We’ll answer those questions next time.

Suppliers 130

Suppliers Ethics Buyers Procurement 130

Procurement Tactics

DECEMBER 21, 2022

Enhanced ethical standards. Collaborating with your trusted supplier allows you to aim toward supply chain transparency and promote higher ethical standards. . The number one reason why suppliers and buyers take part in collaborative projects is due to shared value. Ultimate Supplier Plotting Checklist 2023.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Heads

JULY 27, 2022

Many buyers who have started their careers in the last 15 years haven’t been exposed to some of the real challenges where the cost of what you buy can rise by 5-10% every year. What we have often seen is that buyers are talking about the savings that they have got, now they are talking about how we mitigate and eliminate the increases.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

Procurement Insights

AUGUST 3, 2023

Current and Active LinkedIn discussion stream started by Duncan Jones: [link] Voitek Szewczyke • Procurement Transformation I SCM Digitalization Regarding your last statement “…categories where the buyer has enough choice to consider ethical considerations”, I have a few thoughts.

Influencing 40

Influencing Procurement Ethics Collaboration 40

Value Match

AUGUST 4, 2022

Retailers are recommended to register to the Ethical Trading Initiative , a UK based independent body that continuously monitors private sector organisations supply chains in accordance with their ethical code. Eradicating Modern Day Slavery from your Supply Chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Ethics Supply 52

IBM Supply Chain Blog

APRIL 25, 2024

Navigating ethical personalization Personalization in commerce is no longer optional. Using automation, businesses can create buyer personas at a rapid pace and use them to improve the customer journey and craft engaging content across channels. Does the brand make it convenient to do business with them post purchase?

Strategy 52

Strategy Ethics Purchasing Data 52

ivalua

APRIL 8, 2020

Buyers receive about a thousand forms per year and commit themselves to responding in a reasonable period of time. Second, every two years they organize a supplier-buyer speed dating event, focused on indirect spend. Finally, buyers also spend time on their strategic suppliers’ premises.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Procurement Heads

MAY 31, 2023

So, I took the challenge on and started as a Buyer about 20 years ago and that is how I entered the wonderful world of procurement. Within the team, I have three Senior Buyers and two Buyers an Expeditor and an Admin Coordinator. Also, I need to make sure they have a good team and work ethic.

Negotiation 130

Negotiation Supplier relationship management Suppliers Procurement 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

ivalua

SEPTEMBER 19, 2022

To properly assess risk, reduce carbon emissions and avoid ethics violations, leaders must map and assess the multi-tier supply chain. That requires as close to real time sharing of information as possible, from both buyers and suppliers. Supply chains are increasingly critical to success or failure.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

The Thomas Blog

JANUARY 5, 2024

It is someone who could become a customer—a person or organization that sales professionals identify as a likely buyer or client for a specific brand, product, or company. Segment Your Leads: Segment leads based on the buyer's journey stages: awareness, consideration, and decision. About Thomasnet Thomasnet.com®

Strategy 52

Strategy Buyers Real-time Visibility Data 52

Supply Chain Game Changer

AUGUST 13, 2020

According to a 2019 B2B buyer survey, about 72% percent of buyers responded that they always or generally prefer to source locally. of respondents “always, or generally” prefer to source globally, and nearly half of buyers who responded (46.7%) stated they “rarely or never” prefer to source globally ( Thomasnet.com 2019 ).

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

SupplyShift

NOVEMBER 30, 2018

There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. Consumers are increasingly demanding that their preferred brands live up to higher ethical and environmental standards.

Supply Chain Efficiency 52

Supply Chain Efficiency Contract Supply chain Ethics 52

Planergy

NOVEMBER 1, 2022

Ethical Sustainability & Responsibility Procurement Supplier Relationship Management. These programs are beneficial for both buyers and suppliers. Benefits for Buyers. PSPs benefit buyers because they can lead to reduced costs, improved quality and service levels, and increased procurement efficiency. Written by.

Contract 52

Contract Suppliers Buyers Price 52

Value Match

JANUARY 26, 2023

The report has a number of recommendations for buyers concerned about forced labour in Xinjiang. They include; To conduct thorough due diligence on suppliers and their suppliers, including regular inspections and audits to ensure compliance with ethical standards and labour laws.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Bidding 52

IBM Supply Chain Blog

MARCH 29, 2024

The goal is to activate first-time buyers and then keep customers from switching to a competitor. Communicate mission and values Many customers, particularly millennials and Gen Z buyers, are more invested in an organization’s mission and values. Some of the steps to building an effective customer retention strategy are: 1.

Strategy 64

Strategy Purchasing Buyers Import 64

Spend Matters

AUGUST 2, 2023

We’ve also been exploring areas such as digitally-enabled green financing that rewards suppliers that commit to high ethical standards with more favorable payment terms and working capital arrangements.

supply chain budgeting 80

supply chain budgeting Procurement Supply chain Suppliers 80

SupplyShift

NOVEMBER 30, 2018

There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. Consumers are increasingly demanding that their preferred brands live up to higher ethical and environmental standards.

Supply Chain Efficiency 40

Supply Chain Efficiency Contract Supply chain Ethics 40

SupplyShift

OCTOBER 18, 2023

Tracing solution offers Multi-tier assessment plus in-house support services Integrated scoring and graphical visualization to show human rights risks Standard content responses can be shared with multiple buyers, including document uploads; Supplier can avoid multiple uploads Assessment tracker to follow progress, identify bottlenecks, and prove due (..)

Buyers 52

Buyers Supply chain Suppliers Data 52

Procurement Leaders

MAY 30, 2022

WEConnect International , which helps women business owners connect to buyers. This includes opportunities for social enterprises to pitch to corporate buyers with the aim of forging new business relationships. MSDUK , which supports high-growth ethnic minority businesses. Veteran Owned UK , which supports ex-military business owners.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

NLPA (Next Level Purchasing Association)

JULY 24, 2021

Service performance measurements relate to the personal and electronic interaction between the buyer and seller and can include responsiveness, resolution of problems, the technology used to provide customer service, and so forth. 15 Rules for Ethical Supplier Interaction. Procurement Ethics Checklist. NLPA Learning Recommends.

Supply management 52

Supply management Management Supply Suppliers 52

SPLC (Sustainable Purchasing Leadership Council)

JANUARY 10, 2020

She has served on multiple nonprofit boards, including the National Minority Supplier Development Council (NMSDC), the Women’s Business Enterprise National Council (WBENC), the Supplier Ethical Data Exchange (Sedex), and Girl Stats. Learn more and follow the SPLC at sustainablepurchasing.org and @SPLCouncil.

Supply chain 40

Supply chain Leadership Sustainability Purchasing 40

SupplyShift

FEBRUARY 6, 2024

However, gathering product-level data is complex, and both buyers and suppliers need an easy solution to report, track and collaborate. Recognizing that some of your suppliers are just beginning to calculate their PCFs, we provide automated improvement recommendations.

Supply Chain Efficiency 52

Supply Chain Efficiency Quality Suppliers Data 52

SCMDOJO

OCTOBER 27, 2023

Payment Terms Negotiation: Determining the payment schedule, methods, and other financial terms that best suit both the buyer and the supplier. Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

SCMDOJO

FEBRUARY 14, 2024

Around 79% of buyers say the supply chain can be a deal breaker when they make purchase decisions, and 81% of customers only buy from brands they trust. For example, if your products are ethically sourced, you can highlight this in your marketing strategy to appeal to an environmentally-conscious audience. It does so much more.

Supply Chain Optimization 52

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

Empowering CPO

MAY 31, 2023

The main objective of SRM is to streamline and improve processes between a buyer and its suppliers. Just like customer relationship management aims to make the buyer more effective in dealing with customers, SRM makes the enterprise more proficient in interacting with its suppliers.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

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. A report in 2016 by GT Nexus, “showed there is a demand for ethically and sustainably sourced products. Responsible Sourcing. Circular Economy.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Jaggaer

OCTOBER 22, 2020

The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. By spring 2019 Attijariwafa had implemented a source-to-contract solution with JAGGAER, aiming to achieve maximum automation, best practices in process simplification and enhanced agility for all buyers.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

JULY 23, 2019

In recent years, these complex supplier networks have posed difficult challenges for the purchasing teams that are charged with ensuring that goods are made at the right price, are delivered on time and meet the right ethical and quality standards. A further complication in fast-fashion market segments is the perishable nature of the product.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Procurify

MAY 12, 2022

In a business, purchasing is the act of acquiring a good or service and typically involves the immediate day-to-day transactions between sellers and buyers. . Enacting the best procurement procedures will ensure that the buyer (i.e. Before we begin. What is purchasing?

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Procurement Heads

FEBRUARY 16, 2023

Similarly, if we care about equity and diversity, ethical business conduct or human rights but do not include any of these considerations in how we select our suppliers, we are again not contributing to the development of our communities.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Zycus Cognitive Procurement

FEBRUARY 14, 2022

From their moral and ethical standing to their mission and vision statements, credibility, history, expansion goals, priorities and presence in media. The unified view allows for a more stable and fair supply chain by minimizing risks for buyers and maximizing incentives for suppliers for their good work!

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52