ivalua

AUGUST 17, 2022

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. Follow us at @Ivalua.

Sourcing 130

Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Procurement Freelancers

NOVEMBER 16, 2022

Business houses, both big and small, are turning to the process of procurement to optimize… The post An Overall About Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 52

Sourcing Supply Chain Optimization Supply chain Procurement 52

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Tactics

MARCH 16, 2023

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Category Management Category management sorts your spending into areas with the same supplier markets.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . He began his career at A.T.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

Una

JULY 25, 2023

The role of sourcing is the same, no matter who your CPO’s boss is, right? The Difference Between Strategic Sourcing & Category Management They say there are no stupid questions, but sometimes a new team member prefers to quietly Google a question like this rather than ask it in a meeting. Not necessarily!

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Procurement Tactics

JANUARY 8, 2023

Spend analysis enables businesses to assess procurement spending data from internal and external data sources. It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. Manage and monitor cost savings and sustainability impact for each initiative.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. The Strategic Sourcing Matrix Let’s start with the classical view, which is the adapted Strategic Sourcing matrix.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. What is it that makes Costco’s Supply Chain so effective? This is a massive source of efficiency.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 84

Una

JULY 6, 2022

As a true sourcing accelerator , our goal is to become an extension of your procurement team. Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. Supply Chain Management. Category Management. Partner in Procurement.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Supply Chain Game Changer

AUGUST 30, 2022

Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. That’s the concept, anyways! Where do these TCO Models break down?

Cost of ownership 103

Cost of ownership Supply Chain Optimization Procurement Price 103

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. Read part 1 here , part 2 here and part 3 here.

e2e 78

e2e Procurement supply chain software solutions Contract 78

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 130

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 130

Arkestro

JANUARY 4, 2023

Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Companies Will Scale Their Procurement Knowledge Base and Enablement Programs To Attract and Retain A New Profile of Category Management Talent. The Supply Chain Will Continue to Heal. Inflation will go down.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Positive Purchasing

NOVEMBER 9, 2023

A Wider Horizon You will be familiar with the idea of optimizing what you buy. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. However, eventually achieving true enterprise-wide change will require so much more.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

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. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

SCMDOJO

APRIL 20, 2023

Our procurement manager job description template is designed to provide you with a comprehensive guide to the key responsibilities and requirements of this pivotal role. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School.

Management 95

Management Procurement Contract management Supply Chain Optimization 95

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Spend Matters

JANUARY 23, 2024

In SAP® Ariba® Sourcing, for example, there are AI-driven tools that enable practitioners to automate the RFx process. We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.” It basically multiplies efficiency through higher process automation.

Category management 63

Category management Data Procurement supply chain software solutions 63

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. Beroe for supply market intelligence) that’s woven into the solutions to enhance better decision making. EcoVadis), the SAP Business Network and/or GenAI.

Networking 87

Networking Spend management Suppliers Supply Chain Optimization 87

Procurement Leaders

JUNE 1, 2022

Procurement was then able to embark on the main bulk of its transformation, including implementing new teams, transitioning other functions’ spend to procurement and implementing a category management structure. Creating a procurement centre of excellence.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Spend Matters

DECEMBER 5, 2023

” Still, the newness and indisputable breakthrough that GenAI represents compelled Spend Matters analysts to both write a short piece on how contract lifecycle management (CLM) uses GenAI and to give the technology special attention in the Autogmentation series.

Contract 88

Contract Supply Chain Optimization Data Procurement 88

CPO Rising

APRIL 17, 2024

If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you. […]

Procurement 52

Procurement Spend management Supply Chain Optimization Innovation 52

Supply Chain Game Changer

DECEMBER 3, 2019

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. Subscribe Here! Email Address.

Inventory 56

Inventory Supply Chain Optimization Supply chain Supply 56

Una

MARCH 14, 2023

We’ve chatted with experienced sourcing veterans, junior employees just finding their feet, CPOs wielding enormous buying power at Fortune 500 companies, and trail-blazers bravely carving out greenfield procurement functions. At Una, we help provide a predictable and reliable supply of the external resources needed for functionality.

Procurement 97

Procurement Purchasing Innovation Risk 97

Una

APRIL 9, 2024

Group purchasing works best when optimizing indirect procurement categories as these are often left unmanaged and not part of a company’s more strategic, direct spend amounts. Speed to savings: GPOs allow you to skip the RFx process to drastically reduce the amount of time it takes to source goods and services.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Empowering CPO

FEBRUARY 14, 2024

EmpoweringCPO, a distinguished procurement service and consulting company, stands out as a guiding force for organizations looking to optimize their procurement processes. Category Management: Optimize your procurement strategy by effectively managing and categorizing your purchases based on industry best practices.

Procurement 40

Procurement Procurement strategies Supply Chain Efficiency Supply Chain Optimization 40

Solvoyo

JUNE 10, 2020

Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. Category management and merchandise planning are at the core of retailing. As customers’ options increase, so do their expectations. 2) Early Detection.

Category management 52

Category management Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Analytics 52

Skill Dynamics

OCTOBER 19, 2023

One extremely successful example is the retail giant, Amazon, whose negotiation tactics have played a significant role in its supply chain operations. Advanced techniques via elevated supply chain skills empower procurement teams to handle complicated interactions.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

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

Positive Purchasing

JANUARY 25, 2024

So, I worked it out for myself, and in my latest book, ‘ Trade Wars, Pandemics and Chaos ’, I lay it out – it’s taking technology, data and analytics and using it to create supply and demand power. Now, to really optimize our contribution, we have to elevate purchasing process out of the transactional. Break Down Barriers.

Data 52

Data Supply Chain Efficiency Supply Chain Optimization Procurement 52

Una

APRIL 18, 2023

By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapidly deliver value.

Procurement 98

Procurement Procurement team Leadership Supply Chain Optimization 98

Solvoyo

JUNE 9, 2020

Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. Category management and merchandise planning are at the core of retailing. As customers’ options increase, so do their expectations. 2) Early detection.

Category management 52

Category management Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Analytics 52

Supply Chain Game Changer

AUGUST 6, 2019

Subscribe to Supply Chain Game Changer. Commodity Management. Category Management. With that mindset you would want to be sure that you are getting the most value for your money when you are making sourcing decisions. You would make sure that you optimize your cash flow just as any business owner would.

Management 48

Management Procurement Category management Chief Procurement Officer 48

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86