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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

People: Engaging Stakeholders and Nurturing Change Engaging stakeholders early in the implementation process is crucial for gaining their support and supporting the change management process. Everyone is a contributor to change management A successful implementation engages everyone in the change management effort.

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What is zero-based budgeting?

IBM Supply Chain Blog

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

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.

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Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?

Solvoyo

Traditionally, well-run RFI and RFP processes try to reduce the risk of deployment failure for the buyer via questions and a demo, and sometimes a proof-of-concept study with made-up data. Furthermore, it exposes process change issues and change-management requirements to increase the chance of success of any IT project.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult.

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A guide to efficient Oracle implementation

IBM Supply Chain Blog

Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes. Which Oracle modules will my organization adopt?

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Business process management (BPM) examples

IBM Supply Chain Blog

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. An effective BPM project employs structured processes, uses appropriate technologies and fosters collaboration among team members.