Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. It ensures that procurement partners collaborate with reliable vendors, reducing supply chain disruptions. Change Management: Employees need training to adapt to AI-driven processes.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 09.56] What has, and hasn’t, changed in the last five years, and a look at today’s key challenges and trends. “I

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

ivalua

MAY 11, 2021

Bashar El-Jawahari, PwC’s Middle East Procurement and Supply Chain Leader, explored the findings unique to the region. Whereas prior to March 2020, digital transformation was the top priority, today risk management has replaced it, as organizations struggle to keep supply chains operational.

Risk management 130

Risk management Risk Supply Chain Efficiency Management 130

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.

Supply Chain Efficiency 52

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

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. To thrive, procurement functions need to become strategic partners within the organization, actively driving growth and efficiency.

Category management 52

Category management Management Procurement Supplier relationship management 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Software

APRIL 18, 2023

Increase negotiation efficiency eAuctions are time efficient – usually 20% to 40% faster than conventional negotiation methods. Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. eAuctions are a great way to remain agile and cost-efficient.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

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. . Sales or sourcing? It’s a legacy issue that has to change. This week we’ve got another informal chat from The Procuretech Pub livestreams.

Sourcing 52

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

Empowering CPO

JULY 5, 2023

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations. Here is where managed procurement services come into play.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Una

OCTOBER 26, 2023

At present, ESG reporting in the US is predominantly mandatory but this is likely to change – last year, the US Securities and Exchange Commission (SEC) proposed rules to enhance and standardize climate-related disclosures for investors. In addition, the conversation is shifting around the value that ESG can bring.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Zycus Cognitive Procurement

FEBRUARY 2, 2021

Supplier Risk Management. Enterprises are actively reviewing their supply chain strategy according to the highest importance following the unprecedented disruption caused by the Covid 19 pandemic’s unprecedented disruption. This collaboration translates into efficiencies to measure in time savings of more than 15-20%.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

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] Timestamps: [00:01:52] Digital Procurement 101. [00:06:18]

supply chain software solutions 40

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

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Change requires Change Management. Change can be an uphill battle. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

The Procuretech Podcast

APRIL 26, 2022

Sometimes, an end-to-end source-to-pay (S2P) solution that joins up the dots, and automates a lot of otherwise manual processes, can give a huge productivity advantage. Providing a solid solution for source-to-pay in the mid market - Onventis has survived and thrived. Digital transformation doesn't necessarily have to be complex.

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

ivalua

JANUARY 23, 2019

Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. We are excited to extend our effective partnership into North America, increasing the depth of our professional services ecosystem.”. — Axbility Consulting Inc.

Procurement 145

Procurement supply chain software solutions Supply Chain Efficiency Spend management 145

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

Una

APRIL 11, 2023

Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. ERPs often use automated workflows and business rules to streamline processes, reduce errors, and increase efficiency. billion in 2020) Oracle ($40.48

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Supply Chain Game Changer

NOVEMBER 15, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. What Supply Chain Lessons Can We Learn? Back in early 2018, McDonald’s – a pioneer in cold chain distribution – announced that it was testing out using fresh patties instead of frozen in burgers at 300 of its U.S. for Quarter Pounders.

Supply Chain Efficiency 42

Supply Chain Efficiency Supply chain Supply Change management 42

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Sometimes, digitalization requires change management, process shifts, and organizational restructuring. Source: Deloitte CPO Survey 2019. Subscribe Here! Email Address. Don’t Panic!

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

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

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

IBM Supply Chain Blog

DECEMBER 19, 2023

Rapidly deploying applications to cloud requires not just development acceleration with continuous integration, deployment and testing (CI/CD/CT), It also requires supply chain lifecycle acceleration, which involves multiple other groups such as governance risk and compliance (GRC), change management, operations, resiliency and reliability.

Agile and Lean Supply Chain 69

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Real-time Visibility 69

ivalua

DECEMBER 8, 2020

The city of New York adjusting normally cumbersome processes to secure new sources of supply for unprecedented numbers of ventilators. Sprint’s strategic sourcing transformation, presents a great example, in multiple ways. Technology has become easier to use and leaders place more focus on change management.

Procurement 130

Procurement Leadership Innovation Agile and Lean Supply Chain 130

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Check if the survey results confirm or contradict other sources of information. Once you’ve made the change, survey again to measure its impact!

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

DECEMBER 11, 2023

Whether it’s mastering the art of negotiation or navigating the labyrinth of supply chain analytics, keeping your skills sharp is your ticket to staying relevant. Why not start with an episode or two of The Sourcing Hero podcast? News buffs unite Subscribe to relevant news sources. Project commander Put your hand up!

Procurement 52

Procurement Agile and Lean Supply Chain Leadership Negotiation 52

Empowering CPO

JUNE 27, 2023

As organizations strive to stay competitive, they are increasingly recognizing the need to leverage digital technologies to streamline processes, improve efficiency, and drive growth. This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Procurement Heads

MARCH 2, 2023

As a procurement leader who specialises in change management, among other things, how much have the fast-moving and numerous global situations impacted delivery would you say? I’m going to broaden it from procurement and say supply chain. You are right though, it has opened up new demographics and pools of talent.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 130

Supply Chain Opz

JANUARY 17, 2017

Supply Chain Management is complex and truly mastered by few. For those of us who have made our careers in supply chain, one of the great challenges, and the attraction of the discipline, is the variety of differing opinions about what constitutes ‘excellence in supply chain’ and how it can be best achieved.

e2e 40

e2e Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 40

Spend Matters

MARCH 27, 2024

So where and how is this great leveller of procurement effectiveness being used in the real world (the practical) and how is it viewed by the CPOs and heads of procurement and supply chain who are on the front line fighting the daily efficiency battle. That takes leaders. It can be hard for the user to know the difference.” “On

Procurement 80

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 80

IBM Supply Chain Blog

DECEMBER 19, 2023

This process, often referred to as the “pathway to deploy,” encompasses a series of intricate steps and decisions that can significantly impact an organization’s ability to deliver software efficiently, reliably and at scale. This results in trust, efficiency and accuracy in reviews.

supply chain software solutions 80

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Data 80

IBM Supply Chain Blog

JULY 26, 2023

He believed that organizations needed a more rigorous approach to budgeting that would ensure resources were allocated efficiently and aligned with strategic objectives. This process allows for cost-cutting and setting savings goals, leading to lower costs and improved financial efficiency.

Budget 59

Budget Data Cost optimization Collaboration 59

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . A necessity for sourcing transformation.

Strategy 52

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