World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What are the benefits of the role?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 60

Zycus Cognitive Procurement

JANUARY 24, 2023

So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

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Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

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Innovation Procurement Supply Chain Efficiency Sustainability 52

The Procuretech Podcast

OCTOBER 10, 2023

Tune in to learn more about the exciting developments in the procurement technology space. Current and future trends in the procurement technology market James has divided this solo episode into two sections. Timestamps: [00:01:52] Digital Procurement 101. [00:06:18] 00:06:18] Change management and communication. [00:09:13]

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supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

Una

OCTOBER 9, 2023

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. Risk Management Strategic sourcing assesses and mitigates risks associated with suppliers, market volatility, and geopolitical factors. Let’s get started.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Barkers Procurement

DECEMBER 1, 2022

We cover the key steps you need to undertake to ensure that your organisation is ready for an efficient and effective P2P transformation. . Setting the case for change . As an organisation, ask yourself the following questions: Do we have a full and transparent understanding of our supply chain? What categories?

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

Supply Chain Game Changer

MAY 12, 2020

Subscribe to Supply Chain Game Changer. Hey Procurement! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. Subscribe Here!

Leadership 66

Leadership Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 66

IBM Supply Chain Blog

JANUARY 25, 2024

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Ethics 101

Ethics Strategy Risk Business strategy 101

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. We will also introduce you to EmpoweringCPO’s unique spend analysis services and offerings, designed to maximize your business’s procurement efficiency and bottom line.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

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Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Bowersox, David J.

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Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. The NfP also has a greater focus on adding social value to a supply chain.

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Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

The Procuretech Podcast

JUNE 28, 2022

Supplier-centric transformation and the future of procurement. He explains that he is currently leading procurement for BCG across Europe, the Middle East, Africa, and South America. He focuses on procurement transformations across different industries, including automotive. It’s a legacy issue that has to change.

Sourcing 52

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

IBM Supply Chain Blog

APRIL 13, 2023

Are there tasks that can be automated to increase efficiency and productivity? In a McKinsey study , 30% of CIOs believe that more than 20% of their technical budget for new products is diverted to resolving technical debt. Do you need to move data to the cloud while ensuring its integrity, security and compliance?

Change management 79

Change management Innovation Management Vendor management 79

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Supply Chain Analytics 121

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 121

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. 7 KPIs Your Procurement Team May Be Ignoring! Some business functions have been forced to change more than others in the efforts to combat disruption. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

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Procurement Procurement team Supply Chain Efficiency Innovation 50

IBM Supply Chain Blog

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It offers a holistic view, providing critical data about asset condition, location and efficiency.

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Real-time Visibility Inventory Budget Management 58

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.

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

IBM Supply Chain Blog

DECEMBER 4, 2023

By implementing Oracle , one of the world’s leading enterprise resource planning (ERP) tools, organizations can transform their business processes and significantly increase operational efficiency. Companies large and small are increasingly digitizing and managing vast troves of data.

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Supply Chain Efficiency supply chain budgeting supply chain software solutions Data 77

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

Procurement 52

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

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Introduction A. Some of the key benefits include: 1.

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Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 61

Leadership Strategy Supply Chain Efficiency supply chain software solutions 61

IBM Supply Chain Blog

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. BPM is often confused with other seemingly similar initiatives.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Procurement Software

JUNE 13, 2023

Knowing which solution is suited to your business and level of procurement maturity is a minefield. SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. I’m referring here to the likes of as SAP Ariba , GEP and Coupa procurement software.

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supply chain software solutions Contract management Contract Sourcing 52

IBM Supply Chain Blog

JUNE 30, 2023

Asset management is no exception— according to IDC , 30% of organizations are strategically addressing digital transformation in enterprise asset management (EAM) solutions with a view to longer-term change management. Most CMMS solutions only provide single-site or limited multi-site support.

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Management supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 63

IBM Supply Chain Blog

DECEMBER 7, 2023

And is there a better way—one that offers greater efficiency? A data center consolidation strategy is a plan an organization creates and implements to shrink its data-storage processes and streamline its system of data management. DCIM software gives you the tools to run more efficiently.

Data 98

Data Strategy Management Inventory 98

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. Table of Contents What is P2P in Procurement?

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Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What is P2P in Procurement? Value Drivers.

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Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Pipefy

DECEMBER 18, 2023

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. A pivot towards simplifying complex data and process management.

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