Barkers Procurement

JANUARY 22, 2023

To navigate supply chain changes and disruptions Supply chains have taken quite a beating in the last few years, as a result of the pandemic, and it looks as if they’re going to continue suffering disruptions in 2023. There are more consumption mechanisms, and costs don’t look as if they’re about to fall any time soon.

supply chain budgeting 52

supply chain budgeting Procurement Category management Supply Chain Efficiency 52

Procurement Tactics

OCTOBER 13, 2022

Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships. Additionally, it assesses the suppliers of the company to find the best supplier in the market and collaborate effectively which will enable them to establish a long-term relationship. Risk management.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

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. Yet only 26% were able to confidently predict risk within their supply bases. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

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

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case. How do we manage risk?

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools.

e2e 78

e2e Procurement supply chain software solutions Contract 78

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Planergy

JANUARY 12, 2023

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. What is Supplier Tiering? The Benefits of Supplier Tiering. What Are Supplier Tiers? Why Do Supplier Tiers Matter?

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Category management is the core engine for scaling processes.

supply chain budgeting 77

supply chain budgeting Budget Agile and Lean Supply Chain Risk 77

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. 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

Procurement Software

APRIL 23, 2024

Their platform is particularly noted for its capabilities in spend data classification, risk and opportunity identification, and supplier data enrichment. based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending.

supply chain software solutions 52

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

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. Articulate value drivers that address cost reduction, and demand management while also considering social and environmental impacts. Ultimate Supplier Plotting Checklist 2023.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

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. Procurement, on the other hand, encompasses all the steps involved in acquiring goods, services, and works from external suppliers.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

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. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

Spend Matters

JUNE 19, 2023

They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g.,

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

The Future of Procurement Technology Supplier Relationship Management (SRM) Enhancement: Justification : Strengthening supplier relationships through SRM initiatives fosters collaboration, innovation, and mutual growth.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 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

Spend Matters

JANUARY 17, 2024

It helps in effective cost management by enabling better budgeting and negotiation with suppliers. It also contributes to mitigating supply chain risks, fostering transparency in supplier relationships and supporting long-term strategic planning.

Raw materials 56

Raw materials Supply Chain Efficiency supply chain budgeting Strategic planning 56

The Procuretech Podcast

JULY 8, 2020

They're a company who are facilitating easier access to supplier data to help buyers in their negotiation preparation, as well as more general risk management assessment activities related to sourcing and supplier management. In today's episode, I interview Kent Ledgerwood, VP of Customer Success at LevaData.

Suppliers 40

Suppliers Bill of materials supply chain budgeting Negotiation 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 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 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

Spend Matters

JUNE 21, 2023

“Frameworks,” for instance, were not the initial stages of a construction project, but something that resembled (to some extent) the “approved supplier lists” that were familiar to me from the private sector. Maybe if that tool could then help him navigate right through to choosing the best supplier on that framework, then even better.

Buyers 77

Buyers Suppliers supply chain budgeting Contract 77

Arkestro

SEPTEMBER 5, 2023

In this blog, Arkestro sat down with Jeoff Burris, the Founder and Principal of Advanced Purchasing Dynamics and Procure-Force solution team member, to get his thoughts on hot button topics such as: supply chain disruptions, quote fatigue, managing costs, and more – that are top of mind for automotive procurement teams.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 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

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. Benefits of Managing Marketing Procurement.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Procurement Software

JANUARY 16, 2024

And what if they were prepared to fight for it, instead of rolling over at the first sign of a budget cut? When that happens, inevitably these category strategies rarely see the light of day. OK, so you can argue that we don’t need to create brand awareness and values for our suppliers. And I’d broadly agree with that.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

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 93

Contract management Contract Import Management 93

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Strategic Sourcing is a proven approach to understanding and delivering significant cost reduction based on Total Cost of Ownership (TCO), building a sustained value – creating relationship with the suppliers and category spend reduction in order to create and sustain a competitive advantage. According to A.T.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Spend Matters

MAY 30, 2023

“Frameworks,” for instance, were not the initial stages of a construction project, but something that resembled (to some extent) the “approved supplier lists” that were familiar to me from the private sector. Maybe if that tool could then help him navigate right through to choosing the best supplier on that framework, then even better.

Buyers 52

Buyers Suppliers supply chain budgeting Contract 52

Positive Purchasing

AUGUST 24, 2022

Indeed, many are experts in their fields, particularly those within organizations that work on the concept of category management. Procurement people not only work out where to source something sustainably, they also make sure that they tick all the boxes and bring it in on time and on budget.

Procurement 98

Procurement supply chain budgeting Purchasing Category management 98

The Procuretech Podcast

JUNE 28, 2022

I’m talking to Dr. Wolfgang Schnellbächer from BCG, the author of a new book fresh off the presses - Profit from the Source: Transforming Your Business by Putting Suppliers at the Core. . Supplier-centric transformation and the future of procurement. Or is it more simple, that procurement just needs a bigger training budget?

Sourcing 52

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

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. Bonuses or additional goods / services provided at no extra cost.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. Bonuses or additional goods / services provided at no extra cost.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Supply Chain Game Changer

NOVEMBER 24, 2018

We hope for good prices, but we usually just accept what suppliers offer. Supplier relationships are too close. 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.

Procurement 51

Procurement supply chain budgeting Contract Competitive bidding 51