Procurement Express

DECEMBER 31, 2024

Admin staff might be responsible for ordering office supplies. Types of Indirect Spend Categories Managing indirect spend can feel overwhelming, especially when it spans so many categories. Heres a breakdown of the most common areas to watch: Office supplies : Everyday items like stationery, furniture, and technology.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Positive Purchasing

APRIL 3, 2025

Its time for hard and fast Category Management with rapid implementation of new category strategies to drive change. It may also be time to prematurely renegotiate key supply contracts to achieve this.

Negotiation 52

Negotiation Procurement supply chain budgeting Price 52

Jaggaer

JANUARY 14, 2025

With its enterprise platform for both direct and indirect spend, JAGGAER offers solutions to streamline and optimize spend analytics, category management, supplier management, sourcing, contract life-cycle management, procurement, invoice automation, inventory, and payment.

Supply Chain Optimization 52

Supply Chain Optimization Category management Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 26, 2019

However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management. So what is the difference between Commodity Management and Category Management? Commodity Management. Category Management.

Category management 73

Category management Management Strategic sourcing Strategic sourcing 73

Supply Chain Game Changer

NOVEMBER 23, 2018

First I’d like to establish some clarity around the title for this blog post in which we use the phrase “Commodity Management” Commodity Management is meant to encompass all of the strategic activities and responsibilities that go in to the process of buying raw materials. Conclusion. All Rights Reserved.

Category management 77

Category management Strategy Raw materials Management 77

Positive Purchasing

MARCH 4, 2025

By Jonathan OBrien with Stphane Morel In the ever-evolving landscape of procurement and supply chain management, category management remains a cornerstone. However, as technology advances and digital solutions become more integrated, the approach to category management is also transforming.

Category management 52

Category management Strategy Management Collaboration 52

Procurement Freelancers

OCTOBER 18, 2023

Businesses encounter various problems and uncertainties in the complex and changing terrain of contemporary supply… The post Why Supplier Sourcing Solutions Are Essential for Modern Supply Chain Management? first appeared on Procurement Blog | Procurement & Supply Chain News.

Supply chain management 95

Supply chain management Supply chain management Sourcing Supply chain 95

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

ivalua

MAY 1, 2020

Some lessons regarding managing supply chain risk may still help in the near term as companies struggle to reconfigure their supply base to an evolving pandemic. First, category managers should look to investment professionals and take a broad portfolio view of supplier risk management.

Supply chain management 100

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 100

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? They both do the same thing, or do they? Demand planning capabilities.

supply chain budgeting 221

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

Future Purchasing

JANUARY 11, 2022

2021 saw a massive amount of challenge for procurement teams; supply chain management challenges, political changes, trade barriers, COVID related staff shortages in all areas, blocked ports and working from home have thrown it all up into the air.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 52

Spend Matters

SEPTEMBER 28, 2022

Categories: Category Management , Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Risk Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Interos, a supply chain risk management (SCRM) solution built to map and model a live global view of a company’s business ecosystem.

Risk management 98

Risk management Risk Supply chain Management 98

Una

JULY 6, 2022

Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. Supply Chain Management. A lot of resources can be eaten up by trying to manage the purchasing and negotiation processes with suppliers. Category Management.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

ivalua

MARCH 28, 2019

Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management. There may be different models in use, but there is a pretty well-accepted logical methodology behind how organisations approach their management of major spend areas.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Procurement Tactics

AUGUST 25, 2022

Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He has 18 years of experience with Intel Corp, holding responsibility for more than $1 billion in annual expenditures as purchasing executive and managing Intel’s global purchasing operations.

Procurement 231

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

Una

SEPTEMBER 13, 2022

Whatever the reason, category managers need to keep their fingers on the pulse of enterprise strategy, think about how any changes relate to their category management , and take action to stay relevant. How achievable are the goals identified in your category strategy? Streamlining the Category Management Process.

Strategy 98

Strategy Category management Purchasing Data 98

Procurement Heads

FEBRUARY 7, 2023

Category management has been added and embedded into the operating model. I enjoyed thoroughly my roles as a Factory Manager and Supply Chain Manager and I am happy to bring these experiences now back to procurement. How procurement has evolved since seems just unimaginable.

Supply Chain Efficiency 130

Supply Chain Efficiency Raw materials Category management Sustainability 130

Supply Chain Opz

MARCH 31, 2015

Results The results of "10 Greatest Purchasing Books Ever Written" are listed in alphabetical order as below, 1) Category Management in Purchasing: A Strategic Approach to Maximize Business Profitability by Jonathan O'Brien 2) Next Level Supply Management Excellence: Your Straight Bottom Line Roadmap by Robert A.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. What is the category management in procurement?

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 98

Supply Chain Game Changer

OCTOBER 28, 2020

On the Argentus Blog, we’re always looking to shine the light on various aspects of the talent picture within the Supply Chain Management field – whether it’s hiring trends , intelligence about important skills, or the industry’s response to emerging issues related to the COVID-19 pandemic. So here’s the latest: a new U.S.

Supply chain 98

Supply chain Supply Leadership Supply chain management 98

ivalua

MAY 15, 2020

“The solution helps the building manager get everything they need in the post pandemic real estate world”, from thermo scanners and air filtering to single use food products and specialised signage. He gave some really useful experienced-based insight into managing a transformation.

Procurement 130

Procurement Contract administration Strategic sourcing Strategic sourcing 130

Supply Chain Game Changer

OCTOBER 13, 2020

Subscribe to Supply Chain Game Changer. As such the Category Managers were going wild with ideas on how to expand their product assortments and procuring new and interesting products to sell. But unfortunately their zeal did not come with a thorough understanding of the Supply Chain implications of their decisions.

Category management 78

Category management Supply chain Management Supply 78

SCMDOJO

JANUARY 26, 2024

Set Realistic Career Goals To build a successful career, establish achievable goals aligned with your aspirations, such as becoming a supply chain manager, logistics director, or category manager. When I aimed to transition from a demand planner to a supply chain manager, I developed a five-year plan.

Supply Chain Optimization 97

Supply Chain Optimization Supply chain Leadership Supply chain management 97

SCMDOJO

JUNE 6, 2024

If your career aspirations include becoming a Procurement Manager, Category Manager, or a strategic leader within the procurement function, then the SCMDOJO Procurement Track is an excellent springboard. In addition, this industry-recognized credential validates your expertise and sets you apart from the competition. Enroll Now!

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

SCMDOJO

JUNE 28, 2024

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Stronger Teams, Better Decisions: Moreover, diversity in supply chain management contributes to improved employee morale and engagement.

Supply Chain Optimization 93

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 93

Supply Chain Game Changer

JUNE 25, 2019

Revolving Door Management – Who Wants a Turn? What’s the Difference Between Commodity Management and Category Management? You may have heard of the terms Commodity Management, Category Management, or both. What’s the Difference Between Commodity Management and Category Management?

Category management 59

Category management Supply chain management Supply chain management Supply chain 59

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

NOVEMBER 22, 2018

Check out The Digital Supply Chain (SC 4.0) The digital transformation of supply chain management, more specifically procurement and sourcing functions, is becoming a part of the new normal in business. Recently, I read Magnus Carlsson’s book, Strategic Sourcing and Category Management: Lessons learned at IKEA.

Change management 70

Change management Strategic sourcing Strategic sourcing Supply chain 70

Una

JULY 25, 2023

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. Procurement and Supply Chain: What’s the Difference?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Creativity Is Key for Success in the New Normal.

Supply chain resilience 130

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

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. Creativity Is Key for Success in the New Normal.

Supply chain resilience 130

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

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 Contract 87

Positive Purchasing

MAY 6, 2022

It is designed so those attending can enhance and embed Sustainable Procurement approaches within existing procurement practices including Category Management, Supplier Relationship Management (SRM) and Supply Chain Management. Category Management - Advanced Online Public Course. FIND OUT MORE.

Supplier relationship management 52

Supplier relationship management Category management Negotiation Sustainability 52

Una

OCTOBER 4, 2022

A group purchasing organization like Una leverages over $100 billion in buying power and consistently saves members an average of 18-22% across categories. Other things to know about group purchasing organizations. The same advice applies here, as well.

Purchasing 98

Purchasing Negotiation Supply Chain Efficiency Suppliers 98

Supply Chain Game Changer

AUGUST 6, 2019

Subscribe to Supply Chain Game Changer. Commodity Management. Category Management. In my experience the Category Managers in Retail are closest to this mentality. They have their sales and growth objectives for the categories that they are managing. Subscribe Here! Email Address.

Management 61

Management Procurement Category management Chief Procurement Officer 61