Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Procurement Tactics

JUNE 28, 2023

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Tobias Bohnhoff, Founder of Shipzero is my first guest.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Leaders

JANUARY 27, 2023

“Two years ago, driven by component shortages we had to start looking all the way down the supply chain – we go as deep as Tier-7 now – so we understand where to pinpoint risk. .” Like most organisations, Inmarsat follows the money to help segment the supply base.

Risk 162

Risk Supply Chain Efficiency Management Supply chain 162

Zycus Cognitive Procurement

FEBRUARY 2, 2021

Supplier Risk Management. Enterprises are actively reviewing their supply chain strategy according to the highest importance following the unprecedented disruption caused by the Covid 19 pandemic’s unprecedented disruption. IoT is the current mainstream technology option for risk assessment. The RoI of AI.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Empowering CPO

MAY 31, 2023

This not only leads to improved efficiencies and cost savings but also sparks innovation and creates opportunities for growth. In essence, SRM is a comprehensive approach to managing an enterprise’s interactions with the organizations that supply the goods and services it uses. Now, what are the benefits of effective SRM?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Insights

NOVEMBER 23, 2023

Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).

Suppliers 62

Suppliers Buyers Risk management Supply Chain Optimization 62

Spend Matters

OCTOBER 19, 2023

It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. Its goal is to make a supply chain more competitive by optimizing payment terms between buyer organizations and their suppliers (which it does primarily through AI).

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 89

Procurement Software

MAY 9, 2022

It provides a means to better monitor, spot, and address supplier-related risks. Many of today’s SRM software solutions include risk management, compliance management, and due diligence capabilities/functionality. Control & trust are byproducts of better data management. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

It provides a means to better monitor, spot, and address supplier-related risks. Many of today’s SRM software solutions include risk management, compliance management, and due diligence capabilities/functionality. Control & trust are byproducts of better data management. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Barkers Procurement

MAY 31, 2022

Last week saw the Barkers team attend Coupa Inspire 2022 in Berlin, the global community event for customers, technology partners and industry professionals across supply chain, procurement, finance, treasury, and IT. Procurement and supply-chain professionals are under greater pressure than ever before. Contact Matt.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Risk management Buyers 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Jaggaer

APRIL 14, 2020

This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers. Coronavirus will lead to permanent changes in global supply chains.”.

supply chain budgeting 52

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

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Positive Purchasing

DECEMBER 6, 2022

Supply chain sustainability Make no mistake, sustainability in the supply chain is a real challenge, especially where operations are geographically and contractually distant and employment practices, attitudes, and legislation differ. These lower tiers of the supply base often contain the biggest risk.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Jaggaer

SEPTEMBER 1, 2020

Defining the key performance indicators for managing and tracking supplier success. Evaluating the relevant risks in the supply chain for each category. You can learn all about the ’why’ of category management in our recent white paper by Kelly Barner of Buyers’ Meeting Point. Improved Buyer Experience .

Category management 52

Category management Management Buyers Supply Chain Efficiency 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

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

Spend Matters

JUNE 19, 2023

Such activities include discovering new potential suppliers, collecting and maintaining information on suppliers, qualifying suppliers and managing ongoing collaborations to realize the expected value. Supplier risk management Capacity to manage supplier risk (identify, assess, mitigate, monitor).

Suppliers 80

Suppliers Collaboration Buyers Supply Chain Optimization 80

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Be transparent and put your challenges in front of innovative solution providers after you’ve qualified their ability to deliver value. Subscribe Here! Email Address. Don’t Panic! Publications.

Procurement 90

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

ivalua

NOVEMBER 5, 2015

If something goes wrong with this supplier and you can’t find an alternative supplier quickly, you have a weak spot in your supply chain. Throwing drawings over the fence when it is time to quote means your design is locked down and gives buyers little negotiation power for sourcing alternatives. .

Suppliers 100

Suppliers Management Supply Chain Efficiency Sourcing 100

Empowering CPO

JUNE 14, 2023

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Transparency, or ability to scale data, across an organization. Risk & Performance Management.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Una

FEBRUARY 22, 2023

Any business can join a group of other buyers who are interested in the same products and services. Una offers complete transparency when it comes to membership, fees and purchasing expectations. GPOs leverage the collective buying power of their members to obtain volume discounts from suppliers and vendors.

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Procurement Software

MARCH 19, 2024

Examples here are: Drafting routine RFP documents Non-disclosure agreements Frame contracts Procurement policies and procedures So, in summary, the current use cases are more focused on time and efficiency savings. Talent Integrating generative AI into procurement will unlock efficiencies, innovation and cost savings.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Pipefy

MAY 23, 2023

Supplier relationship management Tension is never pleasant, but only those procurement professionals who pinpoint lacking supplier relationships can evaluate and rectify the situation. Risk reduction. Life cycle management. It also provides visibility into your entire invoice workflow, from issuance to payment.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Claritum

MAY 12, 2019

Supply chain alternative routing or sourcing. Risk Management. Trusted Supply chain. End to end transparency of supply. Contract management. Risk management. Risk management. Supply chain. Supply chain. Supply chain modelling .

Procurement 36

Procurement supply chain software solutions Supply Chain Efficiency Risk management 36

The Procuretech Podcast

JUNE 28, 2022

As an example, he asks us to imagine an engineering company: It may have relatively few engineers in-house, but imagine every engineer in that company’s supply chain, all the way down the tiers… It’s a huge number of people that could be coming up with great ideas for that company. Bringing increased transparency - risk is wide.

Sourcing 52

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