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. . I ask Wolfgang about common mistakes in how organisations manage their procurement teams internally. Sales or sourcing?

Sourcing 52

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

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . He then moved to the UK for a PhD scholarship.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

The Procuretech Podcast

OCTOBER 10, 2023

In the first section, he discusses fundamental challenges and opportunities in procurement, highlighting the change management process during digital transformations as a significant hurdle. 00:06:18] Change management and communication. [00:09:13] 00:22:03] Tech companies cutting marketing budget. [00:25:48]

supply chain software solutions 40

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

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

IBM Supply Chain Blog

APRIL 25, 2024

Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement. Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change.

Supply Chain Efficiency 52

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

Una

OCTOBER 26, 2023

From being seen as a compliance-related cost-center, ESG is now understood as a source of potential value generation. Reducing plastic packaging, for example, will not only help meet environmental targets, but will reduce costs and improve brand perception among environmentally-conscious consumers.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

The Procuretech Podcast

OCTOBER 12, 2022

From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. She spent the first third of her career in supply chain roles for Johnson and Johnson. It's about change management and disruption and making sure that change gets adopted within the workplace. That's the Holy Grail, isn't it?

supply chain budgeting 40

supply chain budgeting supply chain software solutions Supply chain Supply 40

Supply Chain Game Changer

MAY 12, 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. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. Subscribe Here! Email Address. Hey Procurement!

Leadership 66

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

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 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? Most sourcing events are actually pretty tactical in nature. But they also fail because of lack of talent, lack of budget and lack of effective change management. I’m about to give you a wake-up call.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Solvoyo

DECEMBER 9, 2020

However, Project Management Institute (PMI) reports that 14% of IT projects fail outright before completion, 31% fail to meet their goals after completion, 43% exceed their budgets, and 49% are late. . Furthermore, it exposes process change issues and change-management requirements to increase the chance of success of any IT project.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Procurement Software

MARCH 11, 2022

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. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Software

APRIL 25, 2023

Change management is key. Any businesses should need a solution for procure to pay , e-Sourcing or contract software , and then something to cover spend analytics. To run a supply chain right now, it’s going to get intricate and complicated if you want to digitalise right, but this is the journey we have to take.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

SCMDOJO

FEBRUARY 29, 2024

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. Are materials obtained, where possible, from sustainable sources, e.g. framework? How is it possible?

Suppliers 55

Suppliers Management Quality Import 55

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. Rider (1970)).

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Procurement Software

MARCH 11, 2022

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. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Claritum

SEPTEMBER 27, 2018

Where goals and motivations are concerned, the NfP sector is defined by the greater restrictions placed on changes to their goals: this coming from legislation, funding source restrictions and having to adhere closely to their defined purpose. The NfP also has a greater focus on adding social value to a supply chain.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

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

Procurement Insights

JUNE 24, 2022

Ironically, the first article in this blog about using spreadsheets was a guest post by Glenda Leatherman , a change management consultant, in March 2008. Coinciding with Andrew’s point of view was the release of the Supply & Demand Chain Executive ‘s white paper “ Are Spreadsheets Sabotaging Your Supply Chain?

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

IBM Supply Chain Blog

DECEMBER 4, 2023

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?

Supply Chain Efficiency 77

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

Empowering CPO

JUNE 25, 2023

Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. These systems streamlined the procurement process, improving efficiency and reducing costs. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Procurement Software

JUNE 13, 2023

All of these, as far as our research shows, are agnostic when it comes to the type of spend which can be sourced through the platforms. Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place.

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supply chain software solutions Contract management Contract Sourcing 52

IBM Supply Chain Blog

APRIL 19, 2023

Through the formation of this group, the Assessment Services division discovered multiple enterprise resource planning instances and payroll systems, a lack of standard reporting, and siloed budgeting and forecasting processes residing within a labyrinth of spreadsheets. It was chaotic.

Data 86

Data Budget Project management Risk 86

Strategic Sourceror

JUNE 21, 2022

A McKinsey report shows that two-thirds of all ERP transformation projects have a negative ROI and three-quarters of them fail to stay on budget and end up taking far l onger than expected. This isn't an uncommon phenomenon either. 3 Success Tips for ERP Implementation 1. Brought to you by the StrategicSourceror.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Strategic sourcing Strategic sourcing 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. E-sourcing tools: Platforms that facilitate online bidding and negotiation, streamlining the supplier selection process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 21, 2023

Costs For private data centers, IT staff, energy and cooling costs can consume much of the limited budget allocated to what’s typically deemed a non-value-added cost to the organization. Without visibility over warranty information, money may be needlessly spent on components that may have otherwise been covered.

Data 67

Data Management Real-time Visibility Sustainability 67

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

By connecting workflow management, centralizing data management , and fostering collaboration and communication, BPM enables organizations to remain competitive by providing access to accurate and timely data. This can uncover internal process improvements, strategic partnership opportunities and potential cost-saving initiatives.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

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.

Management 63

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

IBM Supply Chain Blog

DECEMBER 7, 2023

At its core, data consolidation efforts are a fairly straightforward activity that start with gathering organizational data from various sources. Effective change management can prevent strategy deviations, as could occur if staff members were to set up their own data centers independently of the new company policy.

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. What steps are involved in Source-to-Pay?

Sourcing 64

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 steps are involved in Source-to-Pay?

Sourcing 52

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

IBM Supply Chain Blog

FEBRUARY 16, 2023

Last year, as life sciences organizations were consumed by the recovery from COVID-19, their focus had to shift rapidly to mitigating supply chain constraints, labor and skill shortages, and by the end of the year, inflationary pressures—all of which were exacerbated by the Russia-Ukraine war.

Innovation 40

Innovation Strategy Supply Chain Efficiency supply chain budgeting 40

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Porter’s Value Chain and modeling of the value chain became the widely-accepted model for strategically aligning an organization, cross-functionally, in order to deliver a valuable product or service to the market. Source: Procurement Leader 2017. Subscribe Here! Leadership.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Pipefy

DECEMBER 18, 2023

In addition to efficiency, productivity, and competitive gains, the cost and speed of deploying no-code process automation software creates even more gains in terms of operational maintenance and development costs and time. In some cases, we may have only budgeted a 10% increase. So the challenge for procurement increases.

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52