ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment.

Sourcing 130

Sourcing Ethics Sustainability Suppliers 130

Procurement Tactics

JULY 20, 2022

China Sourcing — The Ultimate Guide of 2022. China sourcing is popular with many professionals in the field of procurement. For this article, we will discuss what China Sourcing is. We will check how sourcing in China can be best for businesses. Also, we will share some tips when sourcing goods or services in China.

Sourcing 130

Sourcing Quality Price Suppliers 130

Spend Matters

FEBRUARY 26, 2024

This is the first in a three-part series that covers Fairmarkit’s sourcing offerings. Part of the ‘tail spend challenge’ relates how much effort it can take to understand it, acquire sufficient visibility and ‘data quality’ and address it with SxM and sourcing solutions. This content is for members only.

Market analysis 92

Market analysis Sourcing Spend management Purchasing 92

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Buyers 130

Procurement Tactics

OCTOBER 6, 2022

RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company? . RFP in Project Management. Know the goal of the project.

Project management 180

Project management Management Bidding Buyers 180

Una

DECEMBER 20, 2022

How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management.

Management 98

Management Buyers Procurement team Contract 98

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Purchasing's value-add is more limited.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Even for seasoned audiences inured to horror tropes, the writers still manage to inspire fear. Here are just a few of the most frightening challenges keeping IT buyers awake at night. Una’s team of Sourcing Advisors is here to help.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. It was that approach – much more additive than disruptive – that really intrigued me as the new age of spend management.”

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

Procurement Leaders

MARCH 10, 2023

For Mirela Boldu, senior programme manager – supplier risk management, managing these threats is crucial to the function. ” The multitude of risks buyers face represents an issue Boldu is not focused on one specific threat. We also have a very strong subject-matter expert team in place.

Collaboration 147

Collaboration Supply chain Management Risk management 147

Spend Matters

SEPTEMBER 7, 2022

Project-based procurement is the norm in many industries, and sourcing activities require specific capabilities to collaborate internally and externally. This is why Requis focuses on capital project procurement digitization with many collaborative and crowdsourced features. Read more. ). Read more. ).

Sourcing 76

Sourcing Buyers Collaboration Procurement solutions 76

Spend Matters

APRIL 29, 2024

This Spend Matters Vendor Analysis provides an overview of ivoflow and its solution for direct spend management. To potential buyers — ivoflow offers a focus on actionable insights and cost savings initiatives rather than just static spend analysis. This content is for members only. Visit the site and log in/register to read.

Spend management 100

Spend management Raw materials Management Market analysis 100

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. Increased efforts for buyers to process 3 bids and a buy for low value requests. . Automated Buyer verification

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Art of Procurement

NOVEMBER 1, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Intermodal Container Rental appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 78

e2e Sourcing Real-time Visibility Procurement team 78

Art of Procurement

AUGUST 23, 2022

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Trade Show Displays appeared first on Art of Procurement.

Buyers 52

Buyers Procurement Category management Contract 52

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect? Look no further!

Supply chain management 73

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 73

Una

AUGUST 24, 2022

Episode 79: User-Centric MRO Spend Management with Mike Franz. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mike Franz, Founder and CEO of ManufacturingPower.com. Latest Episodes from The Sourcing Hero Podcast. Una’s team of Sourcing Advisors are here to help. Highlights. Connect With Us.

Spend management 98

Spend management Management Buyers Purchasing 98

Procurement Leaders

MARCH 26, 2024

By allowing suppliers to contribute directly to product/part design, the buying organisation can connect to diverse knowledge sources more effectively, as long as it retains control over the architecture and interface design. Robert received his PhD from Erasmus University, Rotterdam School of Management.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Spend Matters

OCTOBER 26, 2022

Categories: Procurement Research , Sourcing , Supplier Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of MESH, a solution built for small to mid-sized US-based manufacturers that need to streamline their sourcing and quality engineering workflows. . So, it launched its own tool to address the gap.

Sourcing 70

Sourcing Quality management Quality Buyers 70

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management.

e2e 71

e2e Management Buyers Contract 71

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 69

Sourcing Bidding Price Suppliers 69

Spend Matters

FEBRUARY 22, 2023

Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials. That is what LevaData’s supply management platform is all about.

Sourcing 72

Sourcing Supply Chain Optimization Procurement strategies Supply chain 72

Spend Matters

OCTOBER 16, 2023

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way.

Category management 85

Category management Management Buyers Strategy 85

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market.

Market analysis 80

Market analysis Sourcing Supplier relationship management Material management 80

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Supplier Relationship Management – time to rewrite the rule-book? Supplier Relationship Management is not limited to identifying 1% of strategic suppliers and forgetting the rest.

Supplier relationship management 130

Supplier relationship management Suppliers Management Innovation 130

Spend Matters

OCTOBER 23, 2023

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. In the world of business, procurement departments play a pivotal role in shaping an organization’s success.

Contract management 87

Contract management Contract Supplier relationship management Management 87

Spend Matters

AUGUST 8, 2023

Everyone is well aware of the cause of this attention amplification: scarcely any business escaped the repercussions of pandemic, but as our research analyst Abigail Ommen puts it: “Prior to the Covid 19 pandemic, only a small subset of people was acutely aware of risk management.

Risk management 83

Risk management Risk Management supply chain budgeting 83

Supply Chain Game Changer

MAY 23, 2022

Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Through knowledge management, supply chains have access to more complete and accurate information within the organization and external sources.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

CPO Rising

MARCH 11, 2024

When I started in procurement in what feels like way too many years ago, it was as a buyer. A few years later I got a new title, strategic buyer! Since then, it feels like the term “strategic buyer” has been replaced by category manager, but […] Nothing actually changed but I got a fancier title.

Category management 52

Category management Management Buyers Procurement 52

Una

NOVEMBER 19, 2023

The Definition of a Sourcing Hero | Part Two Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, Kelly traditionally asks each guest a question. We are all human.

Sourcing 52

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

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. ESG Objectives for Buyers.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Rather than disrupt supply, let’s disrupt supplier management. But a radical rethink is needed to succeed.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Spend Matters

JULY 27, 2022

Here's a sneak peak at this article for those who are not yet PRO members: Overall, QAD Allocation’s main strength pertains to how the solution fits with practices in direct materials management. Read more. ).

Sourcing 69

Sourcing Material management Suppliers Buyers 69

Spend Matters

DECEMBER 14, 2022

Although its scope encompasses more than just IT, Olive brings specific features and content tailored to software selection/IT spend, a category procurement organizations often struggle to reach because IT teams manage it directly.

Sourcing 66

Sourcing Collaboration Buyers Procurement 66

Procurement Tactics

DECEMBER 7, 2022

We will tell you how it works and how you can manage it. Additionally, we will discuss the three processes of financial supply chain management. While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances. What is Financial Supply Chain Management?

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

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