Procurement Freelancers

DECEMBER 26, 2024

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 98

Contract management Procurement contracts Contract Management 98

SCMDOJO

DECEMBER 29, 2024

The Fundamentals of Sourcing Process This course by SCMDOJO academy provides a comprehensive overview of sourcing strategies and best practices, including: Supplier Selection Negotiation Contract Management Risk Mitigation. Develop a deep understanding of category management principles by getting enrolled immediately!

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Contract management 98

Contract management Contract Import Management 98

Procurement Tactics

MARCH 16, 2023

Category Management Category management sorts your spending into areas with the same supplier markets. Supplier Management Supplier management involves the handling of relationships between suppliers and the company. It can also help you with contract management and compliance processes.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Spend Matters

FEBRUARY 13, 2025

For the third piece of tech, a contract management system, the Legal Department was a strong ally. Having learned how to use each of these tools individually, Rons team turned to integrating them into a unified strategic sourcing category management process.

Influencing 105

Influencing Procurement supply chain budgeting e2e 105

ivalua

FEBRUARY 25, 2021

The source-to-contract process is where Procurement identifies and creates value for their organization. Ivalua offers a completely integrated experience across the entire upstream process, enabling customers to successfully define and execute sourcing and supplier management strategies and lock in the value with Contract Management.

Category management 100

Category management Contract management Contract Negotiation 100

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Jaggaer

FEBRUARY 20, 2025

Category management: Whereas spend management aims to depict the entire landscape, category management fills in the detail for each major spend category. Category management segments your expenditure into areas which contain similar or related products.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

The Procuretech Podcast

AUGUST 6, 2024

This episode of The Procurement Software Podcast delves into the impact of technology and AI on category manager roles in procurement. Tune in to learn more about the evolving role of category managers in the era of technological advancements. Will Tech and AI make Category Management irrelevant?

Category management 40

Category management Management Stakeholder engagement Contract management 40

Spend Matters

MARCH 11, 2024

It provides customers with a platform that connects buyers with qualified suppliers and offers a range of capabilities (in-app and as services) such as category management, demand management, e-sourcing, auctions, supplier management and contract management.

Procurement solutions 120

Procurement solutions Sourcing Procurement Market analysis 120

SCMDOJO

APRIL 20, 2023

Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do? They also work closely with other departments within the organization to ensure that procurement needs are aligned with the overall goals and objectives of the company.

Management 116

Management Procurement Contract management Supply Chain Optimization 116

ivalua

FEBRUARY 25, 2021

A purpose-built solution can enforce proper governance and standards, automate master data optimization activities, identify product standardization opportunities, and automate category management for strategic sourcing in supply chain. Demand planning capabilities.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

The Good Spending

APRIL 2, 2023

When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. Draft Demand Plan includes thousands of SKU lines, which procurement needs to segment into different categories. Not 100% of the demand will be covered by the category management.

Procurement 98

Procurement Demand Planning Category management Budget 98

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

OCTOBER 27, 2020

Redwood City, CA – October 26, 2020 – Ivalua, a leading global spend management cloud provider, and Consus, a leading global supply chain solutions provider, today announced that Jollibee Foods Corporation (JFC) has successfully deployed Ivalua’s platform to empower its procurement digital transformation, with Consus leading implementation.

Supply Chain Efficiency 26

Supply Chain Efficiency Chief Procurement Officer Procurement Networking 26

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Jaggaer

MARCH 19, 2025

This non-financial information, together with what you decided in your category management strategy, will help determine your sourcing decisions, enabling you to base them on total value of ownership as opposed to commercial factors alone.

Contract management 52

Contract management supply chain budgeting Sustainability Influencing 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. How Has Strategic Sourcing Evolved? However, whats really missing hereneeds analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Templates

FEBRUARY 1, 2024

Watch, Read, Listen Working in Saudi Arabia by Procurement Templates in Inspiration Demand Management by Procurement Templates in Category Management UK v US Procurement by Procurement Templates in Inspiration Procurement Jobs And How To Get Hired by Procurement Templates in Inspiration Contract Management Responsibilities Checklist by Procurement (..)

Networking 130

Networking Contract management Category management Contract 130

Spend Matters

JANUARY 5, 2024

Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools. Spend Analytics AnyData Solutions is used for spend analytics, contract management, supplier relationship management and ESG/performance tracking.

e2e 104

e2e Procurement supply chain software solutions Contract 104

Una

JULY 6, 2022

Be sure to browse through Una’s supplier portfolio and review our technology vendor list to find the best purchasing solutions for your business: GPO Supplier Portfolio & Category Management | Optimize Your Spend Categories. Category Management. Using Category Management to Increase Cost Savings.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Procurement Heads

DECEMBER 15, 2022

Also, a lot of contract management and supplier relationship management. Sustainable procurement is becoming not just a topic to look at but retaining within the core of the business in the same way that contract management, supplier management and cost savings are as well.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 54

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 54

SCMDOJO

JUNE 6, 2024

Start with the Basics: Master the procurement fundamentals with introductory courses in this procurement training covering key concepts like sourcing strategies, negotiation tactics, and contract management. Gain a solid foundation to excel in any procurement role. What are Your Career Goals?

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

Procurement Leaders

JUNE 9, 2022

To reach an expert level, staff are offered the chance to manage on-the-job activities, such as leading a project or managing a major negotiation and encouraged to seek external recognition. They can then participate in live training, where tools can be applied in practice.

Category management 130

Category management Strategy Procurement Innovation 130

Barkers Procurement

JANUARY 16, 2023

This required commercial and procurement advisory from Barkers to implement the transition from a tactical procurement function to a more strategic Category Management structure. Strategic review of and implementing new FM service contracts – grounds maintenance and waste management. Set up contract management.

Category management 52

Category management Procurement Contract management Procurement team 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Category Management plays a vital role in every business, regardless of its size. What is the category management in procurement?

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

ivalua

AUGUST 17, 2021

Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: .

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

Supply Chain Game Changer

OCTOBER 28, 2021

Magnus Carlsson’s book, Strategic Sourcing and Category Management: Lessons Learned at IKEA is a masterful composition and guideline of how a procurement and sourcing organization can start building a quality infrastructure by gaining inspiration from IKEA’s procurement triumphs and failures.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Spend Matters

JANUARY 23, 2024

We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.” Take contract management, for example. In category management, for example, you need to have a simultaneous grasp of outside and inside elements to recommend potential strategies.

Category management 96

Category management Data supply chain software solutions Procurement 96

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

SCMDOJO

FEBRUARY 13, 2023

Supplier relationship management: Procurement manages relationships with suppliers to ensure coordination and effective workflow. Contract development: The team develops and establishes contracts with supplier organizations to meet the buyer organization’s requirements and needs.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Empowering CPO

NOVEMBER 12, 2020

To answer these questions it is important to summarize and define Procurement Market Intelligence & Analytics Services, it is also important to summarize typical role of a category manager and KPI’s of an ideal Procurement Organization. Role of category manager & KPI’s of an ideal procurement organization.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

Jaggaer

DECEMBER 13, 2024

Source-to- P ay refers to a broad strategic approach that encompasses not only the transactional end of procurement but also strategic sourcing, contract management, supplier relationship management, spend visibility, and procurement analytics. Category management identifies opportunities for business value and consolidation.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52