SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Supplier relationship management: Procurement manages relationships with suppliers to ensure coordination and effective workflow.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 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

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Category management can lead to better supplier selection, improved negotiation, and enhanced value delivery.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 24, 2018

Those same companies, out of necessity, became more sophisticated and implemented Strategic Sourcing and Category Management, delivering substantial savings to their companies bottom line and even help capture innovation. So, what can these small and medium sized business’s do without breaking the budget? So why should you care?

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. So, let’s assume that we’re probably not going to get additional budget for more people or tech investments. They have a team of 10 procurement category managers.

Category management 40

Category management Procurement supply chain budgeting Budget 40

ivalua

FEBRUARY 25, 2021

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.

supply chain budgeting 221

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

Una

JULY 6, 2022

The real value, however, and where you’ll truly benefit from working with a group purchasing organization like Una, lies beyond the initial cost savings. Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. Supply Chain Management.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It has become an essential tool for companies in today’s digital world to save time and reduce costs.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. They will hire an inexperienced and inexpensive resource, within their budget to lead the Procurement Transformation. Subscribe Here! Infographic).

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70