ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

MARCH 16, 2023

Procurement Strategy This key element of strategic procurement is a long-term plan that ensures purchased goods and services from suppliers at the agreed terms, quality, and delivery time are cost-effective. 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

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?

Supply Chain Optimization 52

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

Procurement Heads

DECEMBER 7, 2022

We have three key areas: strategic sourcing, category management and vendor management, which is the onboarding and management of our suppliers and so on. We have 11 people in the function across strategic sourcing and vendor management, mainly based across two locations: London and Sofia in Bulgaria.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Strategic sourcing remains critical, especially given our inflationary environment. Here are a few of the top concerns we’re hearing.

Procurement 102

Procurement Supply Chain Efficiency Category management e2e 102

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 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. . Rajeev Karmacharya.

Procurement 231

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

Procurement Software

APRIL 23, 2024

To do this quickly and efficiently, spend analytics software is your best friend. Sure, but it won’t be very efficient and it’s prone to human error. Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

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

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. 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.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 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

Supply Chain Game Changer

JULY 31, 2019

Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. Subscribe Here! Email Address. Getting it funded is harder.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

Procurement Software

MARCH 19, 2024

Generative AI’s current impact in procurement is best illustrated by tech-savvy procurement category managers leveraging apps like ChatGPT and Bard to streamline the execution of routine tasks. Category Management AI will increasingly be used to help to write and generate category strategies.

Procurement 52

Procurement Category management supply chain software solutions Data 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

Empowering CPO

JULY 2, 2023

As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management. In this context, Managed Procurement Services offer an effective path to achieve this objective, leveraging innovation, process efficiency, and expert insights.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost. A Paradigm Shift in the Procurement Function.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

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. They also manage the organization’s supply base to ensure coordination and efficiency.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

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

Empowering CPO

FEBRUARY 14, 2024

With a steadfast commitment to driving business success, our seasoned experts offer an array of services, including Spend Analysis, Strategic Sourcing, and Procurement Tools and Dashboard. 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

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain. Increased Negotiation Power.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MARCH 12, 2024

It will also be able to assist in monitoring supply chain disruptions by being able to quickly summarise foreign language news sources and weather reports. Younger team members, who are using tools like ChatGPT at home, will expect this level of efficiency in the workplace. AI can now write my podcast show notes for me.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? in this case, responsible sourcing. Be sure to take into account a holistic understanding of value creation when choosing software to support your realization of responsible sourcing.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Planergy

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Category Management Procurement. Marketing category spend may include things like: Market research and benchmarking. Social media management. Download Free Copy.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Creating Strategic Partnerships. As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. How to gain visibility and control of your indirect spend.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. Subscribe Here! Email Address. Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. in some instances?—?categorically But, is it?

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Una

MARCH 6, 2024

Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. The primary motivation for outsourcing is to increase efficiency (24%) and to gain access to expert skills (18%). It gives them access to specialized skills, cuts costs, and boosts operational efficiency.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Supply Chain Game Changer

FEBRUARY 16, 2020

Subscribe to Supply Chain Game Changer. How To Differentiate With A Supplier Relationship Management (SRM) Program! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here!

Procurement 54

Procurement Supplier relationship management Suppliers Supply Chain Efficiency 54

Procurement Software

MARCH 11, 2022

Driving value through strategic sourcing and supplier collaboration. But the valuable contribution that Category Managers responsible for indirect spend make to the business often comes through cost avoidance, or the successful deferral of a contractual price increase or inflationary commodity prices.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Driving value through strategic sourcing and supplier collaboration. But the valuable contribution that Category Managers responsible for indirect spend make to the business often comes through cost avoidance, or the successful deferral of a contractual price increase or inflationary commodity prices.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Una

JULY 25, 2023

From determining business needs to reviewing performance and everything in between, this article explores the ten stages of the procurement cycle , provides expert tips on how to navigate each step, and explains ways to drive cost savings and efficiencies. Procurement and Supply Chain: What’s the Difference?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Supply Chain Game Changer

MAY 8, 2019

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. Subscribe Here! Email Address. Hey Procurement! It’s Time to SELL! Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. in some instances?—?categorically

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

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. With a Ph.D.

Agile and Lean Supply Chain 59

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

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138

Procurement Heads

JANUARY 4, 2023

Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches. As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246