Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

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

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

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Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

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. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

Supply Chain Game Changer

JUNE 11, 2019

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. Now as I look back on my career virtually everything I did falls under the banner of Supply Chain management.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 105

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

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

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. It typically focuses on achieving dramatic, transformative changes to existing processes.

Supply Chain Efficiency 52

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

SCMDOJO

MAY 13, 2022

By mid-April, the shipping traffic jam, part of a broader gridlock in supply chains around the world amid disruptions from the coronavirus pandemic, started thinning while record cargo volumes were reported in the U.S. Supply Chain KPI Dashboard. Source: project44 Monthly report.

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Supply Chain Optimization Supply chain Real-time Visibility e2e 83

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

Procurement Leaders

JUNE 1, 2022

This was a collaborative effort between the consultants and existing category leads, who worked together to quickly identify opportunities for savings, and implement category strategies and sourcing events. Change management. Creating a procurement centre of excellence.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

SCMDOJO

APRIL 20, 2023

Our procurement manager job description template is designed to provide you with a comprehensive guide to the key responsibilities and requirements of this pivotal role. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School.

Management 95

Management Procurement Contract management Supply Chain Optimization 95

Pipefy

JANUARY 11, 2023

Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . This shift has become necessary as procurement departments are tasked by management with new strategic duties. A necessity for sourcing transformation.

Strategy 52

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

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

MARCH 14, 2023

We’ve chatted with experienced sourcing veterans, junior employees just finding their feet, CPOs wielding enormous buying power at Fortune 500 companies, and trail-blazers bravely carving out greenfield procurement functions. At Una, we help provide a predictable and reliable supply of the external resources needed for functionality.

Procurement 97

Procurement Purchasing Innovation Risk 97

The Network Effect

MARCH 4, 2015

The chains of habit are too weak to be felt until they are too strong to be broken.” – Samuel Johnson. It’s 1934 and in a dark, dingy basement on the lower east side of New York, a fundamental principle of change management would emerge, from the unlikeliest of sources. I woke up today/Flickr. “ That thing was alcohol.

Retail Supply Chain 63

Retail Supply Chain Supply Chain Optimization Supply chain Change management 63

Strategic Sourceror

JUNE 21, 2022

You have to know your data well One of the most important things you can do before your implementation is make sure you have a consistent, single source version of the truth through data. To help combat this, ensuring you have a greater window of intensive support is critical to ensuring your organization adopts the platform correctly.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Strategic sourcing Strategic sourcing 52

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

Pipefy

NOVEMBER 3, 2023

A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. How digital automation saves the day Procurement processes that aren’t optimized for efficiency and accuracy can have a devastating effect on overall business performance. Pipefy, 2023.

Procurement 52

Procurement Procurement team Supply Chain Efficiency Agile and Lean Supply Chain 52

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

APRIL 11, 2023

The ERP “one source” database contains all the information needed to run the business, as well as various modules that correspond to different business functions, such as finance, manufacturing, human resources, customer relationship management, and procurement. billion by 2025. billion in 2020) Oracle ($40.48

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

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.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Empowering CPO

JUNE 27, 2023

Within this domain, spend analysis plays a pivotal role in enabling informed decision-making and optimizing procurement processes. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 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

Solvoyo

DECEMBER 9, 2020

The traditional RFI/RFQ/RFP approach does nothing about the risks of actual data quality, integration scalability nor the change management issues that are likely to be barriers to deployment success. 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

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

NOVEMBER 17, 2018

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. This was my first foray into the world of supply.

Leadership 74

Leadership Supply Chain Optimization Supply chain Sustainability 74

Supply Chain Brain

JULY 9, 2018

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. The company is taking equal care in phasing in the “orchestration” of its supply chain in the cloud.

supply chain software solutions 40

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

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. Some of the key benefits include: 1. Develop a Comprehensive Procurement Strategy A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

JULY 26, 2023

The aim is to optimize resource allocation by ensuring funds are allocated to activities that align with strategic objectives and generate the highest value. Identify areas where costs can be optimized and potential savings can be made.

Budget 59

Budget Data Cost optimization Collaboration 59

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. In a 2017 study of team personality , researchers pointed out the importance of having a good mix of personalities to achieve optimal team performance. There are a number of free sources to do this like 123test. Subscribe Here!

Procurement 61

Procurement Agile and Lean Supply Chain Procurement team Supply Chain Optimization 61

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. Digital transformation in procurement is no longer a luxury but a necessity.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Jaggaer

OCTOBER 22, 2020

Optimizing cost, in the order of a 20-25% reduction on the current situation, is therefore a must in order to survive. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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)).

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

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. For the next 6 weeks Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Supply Chain Trend: Can you describe your first involvement in S&OP?

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Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121