NLPA (Next Level Purchasing Association)

MAY 5, 2021

After each classification, the procurement professional can develop a cost savings and sourcing strategy for each category. Category Management Best Practices. Category Savings Assessment Questionnaire. Indirect spend may have classifications such as shop supplies, computer equipment, or services. Cost Savings Ratios.

Raw materials 52

Raw materials Strategic sourcing Strategic sourcing Category management 52

IBM Supply Chain Blog

JANUARY 25, 2024

Generative AI is opening doors and creating new opportunities and risks for organizations globally, with human resources (HR) leadership playing a key role in managing these challenges. HR leaders should address potential job changes, as well as the realities of new categories and jobs created by AI and other technologies.

Ethics 105

Ethics Strategy Risk Business strategy 105

Supply Chain Trend

JUNE 28, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. The difficulty of integration with the supply chain was reflected in a poll during the xP&A webinar.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Forecast : A projection of demand for each of the various categories of products and services (referred to as “commodities”). Resources: The human and other resources required to procure each commodity successfully. This risk category appears to be eminent. A good buying plan should include the following components.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

NLPA (Next Level Purchasing Association)

JANUARY 10, 2024

Resource Conservation : Minimizing the use of natural resources like water, raw materials, and minerals. With over 2,000 certified products across 40 categories, Green Seal empowers you to green procure with confidence, knowing you’re not just saving energy, but safeguarding human health and creating a healthier world.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Sustainability Supply Chain Optimization 52

Arkestro

MARCH 2, 2023

In our recent webinar with SIG , Amanda Prochaska , the Chief Wonder Officer at Wonder Services, defined a rolling recession as a recession that affects certain industries (such as the technology industry ), while the economy will remain unaffected. Looking for more resources? Is procurement heading for a recession?

Procurement 52

Procurement Procurement team Price Suppliers 52

Arkestro

MARCH 2, 2023

In our recent webinar with SIG , Amanda Prochaska , the Chief Wonder Officer at Wonder Services, defined a rolling recession as a recession that affects certain industries (such as the technology industry ), while the economy will remain unaffected. Looking for more resources? Is procurement heading for a recession?

Procurement 52

Procurement Procurement team Price Suppliers 52

Positive Purchasing

SEPTEMBER 20, 2022

Whether delivered through interactive classroom training, personal coaching, toolkits or remote digital resources, learning is a huge driver of employee and organizational success. Online courses that are accredited: Category Management Advanced. CPD with Positive Purchasing. SRM Advanced. SRM Intensive. Red Sheet Advanced.

Category management 59

Category management Negotiation Supplier relationship management Purchasing 59

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

This may be easy in a centralized procurement environment where the category of goods or services is narrow. This may be difficult in a decentralized procurement environment where the category of goods or services is broad. Identifying opportunities for special categories of suppliers (disadvantaged, local, etc.).

Supply market 52

Supply market Bidding Supply Suppliers 52

ivalua

JUNE 29, 2020

Add to this a set of complex and unique processes such as bill only transactions, which are often fairly resource intensive. Watch a BSW webinar here. Establishing processes to identify and capture savings by category. Across this supply chain there is typically a lack of visibility due to siloed information and data.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

ivalua

MAY 30, 2023

By maximizing resource utilization and implementing careful procurement management, the government can source the best goods and services at the most competitive prices. When you work with local experts and access nearby resources, you can ensure top-quality products.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

NLPA (Next Level Purchasing Association)

JULY 24, 2021

The 4-50 rule is a powerful variation of the 80-20 rule that enables procurement departments to laser-focus their competencies, assets, and resources. However, most performance measurements fall into four categories: Cost. One or two measurements for each of the four categories is plenty. The Power of Laser Focusing.

Supply management 52

Supply management Management Supply Suppliers 52

SupplyShift

NOVEMBER 24, 2021

Segment suppliers by issue, maturity, region, size, category, and key impacts. They may also lack the resources to make the necessary changes at their facilities or take other corrective actions. For instance, there’s no one-size-fits-all approach; every situation will be unique, so getting to know your suppliers is paramount.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Data 52

SupplyShift

NOVEMBER 24, 2021

Segment suppliers by issue, maturity, region, size, category, and key impacts. They may also lack the resources to make the necessary changes at their facilities or take other corrective actions. For instance, there’s no one-size-fits-all approach; every situation will be unique, so getting to know your suppliers is paramount.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Data 52

Jaggaer

OCTOBER 15, 2019

There are many approaches to delivering a software solution but there are two main categories: waterfall, or traditional methodology, and the more recent agile delivery model. Learn the differences, and how to speed up the success of your procurement processes through agile implementation in our Get Smart webinar.

Procurement 68

Procurement Budget Risk Contract 68

ivalua

JANUARY 27, 2021

In a recent webinar hosted by Ivalua , Walden explained that the key is a multifaceted approach. Here’s what these organizations have in common: Human resources: Top performers implement formal training and hiring standards to ensure skill levels are consistently high across all staff members.

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

ivalua

JUNE 2, 2016

The article drives home what we at Directworks talk to Supply Chain and Procurement executives about every day—it is time to get your house in order because building a supply chain for the future takes time, resources and money to implement properly. Sustainability. Think of the brand Tom’s shoes.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

The Thomas Blog

JANUARY 5, 2024

Targeted B2B lead generation also reduces your marketing costs by focusing resources on those prospects who are most likely to convert and minimizing scattershot efforts. Resources like ebooks, whitepapers, webinars, or online tools position you as a knowledge source rather than just a sales machine.

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

Zycus Cognitive Procurement

JULY 27, 2021

You can perform a task such as spend analysis or category market analysis in next to no time with the aid of a smart procurement solution. Here’s a webinar? This would free up time to reallocate procurement resources to more strategic, high-value activities. How” and “When” to start? What are the incremental steps?

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

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. Read More: What Does a Procurement Manager Do?

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

ivalua

NOVEMBER 29, 2022

When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Users can quickly see common dependencies across suppliers for a given category, enabling faster and informed decision-making. Contact Ivalua today.

Risk 130

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

Supply Chain Trend

DECEMBER 22, 2023

See below slide from one of my webinars. I see more strategic decisions (close a plant or DC, enter a new product category, change in strategic sources) more in this category as well (which is different than what I show in figure 4). I was a planner once. Observing the state of the average planning job today saddens me.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

NLPA (Next Level Purchasing Association)

JANUARY 14, 2022

The 6 Steps of Supplier Development: Identify categories for supplier development. Identify categories for supplier development: It’s not uncommon for an organization that spends $2 billion on “stuff” to have 8,000 suppliers. If you break that into categories, it’s in the hundreds of categories.

Suppliers 52

Suppliers Supply Project management Contract management 52

Jaggaer

AUGUST 18, 2020

View our recent webinar and learn how Italian pharmaceutical company Angelini navigated through supply chain disruption. Organizations typically have limited resources to execute risk programs and a lack of insight into any external risk events, let alone something as unforeseen as the Covid-19 pandemic. . Supplier risk (e.g.

Procurement 98

Procurement Supply Chain Efficiency Risk Suppliers 98

Jaggaer

JUNE 7, 2019

Defining Category Management. Category management has a decades-long history that has lead us to our modern understanding of procurement categories. Created in the 1980s, category management was originally the process of grouping products into categories based on how consumers used them. What’s a Category Manager?

Category management 45

Category management Management Supply Chain Efficiency Vendor relationships 45

SCMDOJO

NOVEMBER 2, 2023

It guarantees the smooth movement of commodities, services, and financial resources, enabling businesses to flourish in cutthroat markets. She has deep knowledge of procurement, sourcing, vendor management and category management in different categories. He is a good resource for all kinds of complicated supply chain problems.

Agile and Lean Supply Chain 59

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