Una

APRIL 23, 2024

Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management. It’s like having a trusty sidekick that can analyze mountains of data, spot patterns, and make predictions or recommendations without needing explicit instructions. Why Do We Need Supply Chain Visibility?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Procurement Tactics

OCTOBER 13, 2022

Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. Skills Necessary to be a Strategic Sourcing Manager. Risk management. Time management. First Name.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Leaders

FEBRUARY 6, 2024

This comes down to good, old-fashioned segmentation or, as one participant shared, through having a data-backed understanding of supplier criticality, such as time-to-survive and time-to-recover, preferably through a lens of revenue and Ebitda.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 96

Purchasing Risk Management Procurement 96

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. What are contract management tools?

Contract management 189

Contract management Contract Management Negotiation 189

Procurement Tactics

OCTOBER 16, 2022

Or receive our famous weekly newsletter. When departments are contributing to the same cloud-based financial model, there will be no duplication of data and problems regarding the transfer of information from several different applications or solutions. . Data security and risk management. Data Analytics.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

The Procuretech Podcast

JULY 18, 2023

How many staff will have access to the data? 19:46 Risk management and Unispace What Unispace is all about. Evolving towards a full-stack supplier risk management tool. 22:23 Risk and the Canopy platform. Risk is at the heart of every single profile on Canopy. 28:54 When we say data, what do we mean?

supply chain software solutions 40

supply chain software solutions Risk management Risk Procurement 40

Procurement Tactics

OCTOBER 18, 2022

Or receive our famous weekly newsletter. Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. 33 Procurement Interview Questions in 2022. First Name.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Una

JANUARY 29, 2024

I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape. Let me stress from the start that the thoughts and opinions in this newsletter are my own. There’s an unsubscribe link below, but why not check it out first? Do you have a China-Taiwan conflict plan ready to go?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sourcing 52

Procurement Tactics

SEPTEMBER 21, 2022

Or receive our famous weekly newsletter. A well-thought risk management approach. This includes industry knowledge, reliable data, and analytical competence. . 33 Procurement Interview Questions in 2022. First Name. Download Free Whitepaper ?. Sustainable Procurement Requirements — The Ultimate Guide.

Sustainability 188

Sustainability Procurement Cost of ownership Suppliers 188

Procurement Tactics

SEPTEMBER 19, 2022

Or receive our famous weekly newsletter. It offers a sustainable procurement impact assessment to identify spend categories with the most opportunity and risk. . Sphera provides ESG performance and risk management software, data, and consulting services. 33 Procurement Interview Questions in 2022. First Name.

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. David presented on the top P2P risks that all businesses should be looking out for. Compliance and GDPR — does the data stay locked?

Procurement strategies 93

Procurement strategies Innovation Strategy Procurement 93

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 52

Purchasing Risk Management Procurement 52

Planergy

JANUARY 26, 2023

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Supplier risk is always there, but using various risk management strategies can help you minimize the impact.

Risk 52

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

Procurement Tactics

AUGUST 19, 2022

Or receive our famous weekly newsletter. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. Risk management. This process involves evaluating potential risks that could negatively impact the organization.

Vendor management 130

Vendor management Management e2e Negotiation 130

Procurement Tactics

JANUARY 13, 2023

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Latest advances in data and cognitive technologies. Risk management. Data and analytics. Procurement success in 2023 with our Strategy Course. Download Course Details →. . Ultimate Supplier Plotting Checklist 2023.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Una

AUGUST 31, 2023

With limited resources, time, and purchasing power, every decision needs to be well-planned and supported by data. With limited resources, time, and purchasing power, every decision made by a SME needs to be well-planned and supported by data, including those of the procurement department.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Una

JULY 18, 2023

Make invisible spend data. Spend data can be hidden on people’s desktops, email attachments, spreadsheets, or even filed away in paper format, requiring some pretty sharp detective skills to uncover. A Snapshot of Supply Chain Technology How to Improve Procurement Efficiency Tips for Building an Effective Procurement Data Strategy 4.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

MARCH 30, 2023

That being said, here are some areas for procurement to consider focusing upon beyond cost reduction: Supplier relationship management (SRM) Procurement can focus on building strong relationships with suppliers to improve communication, collaboration, and transparency.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Planergy

SEPTEMBER 5, 2023

Gathering Historical Data Review past financial statements, records, and reports to gain insights into your business’s financial performance and trends. Using spend management software, like Planergy, will allow you to gain real-time spend visibility and make better decisions.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Arkestro

MARCH 8, 2024

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Learn more at [link].

Demand 52

Demand Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Una

JULY 3, 2023

Risk management Procurement leaders play a critical role in assessing and mitigating risks associated with the supply chain. They monitor their organization’s risk appetite, oversee the implementation of risk management frameworks, monitor market trends, and proactively identify potential disruptions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Una

MARCH 16, 2023

If the procurement team in this example had more influence, the logistics manager wouldn’t have dreamed of making this sort of decision without first engaging them. Tip : Una can help you identify the risks associated with your acquisition plans, establish a credible and reliable long-term strategy and help facilitate its implementation.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

Una

OCTOBER 31, 2023

Utilize data, statistics, and real-world examples to support your arguments. Procurement managers need to be adept at presenting the financial benefits in a clear and compelling manner, highlighting the long-term value the change will bring. By proactively addressing risks, you can mitigate their impact on the implementation process.

Change management 52

Change management Management Procurement Leadership 52

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

APRIL 25, 2023

Compliance and risk management Procurement professionals also need to ensure that their organization is compliant with regulations and that they manage risks effectively. There are also advanced analytics tools available that can analyze spend data and produce valuable reports at the touch of a button.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Planergy

JANUARY 19, 2024

Vendor analysis is crucial for risk management. Security: Inquire about the vendor’s security protocols, especially if they handle sensitive data. This system provides a centralized platform where all relevant procurement and vendor data about a supplier’s performance can be stored, tracked, and analyzed.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Una

FEBRUARY 13, 2023

Activate your supply chain backup plan First, risk management 101 in procurement involves having a network of backup suppliers for when disruption occurs. It's best to plan ahead to the best of your ability, avoid making any rash decisions, and maintain relationships whenever possible.

Supply chain 98

Supply chain Supply Contract Suppliers 98

Una

JULY 20, 2023

Cognitive procurement shows incredible potential to synthesize massive pools of data to come up with strategic recommendations. Today, AI and machine learning can be used for everything from demand forecasting to supplier performance analysis and risk management.

Procurement 40

Procurement Negotiation Purchase orders Suppliers 40

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool. in the system and updated key stakeholders (e.g.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

APRIL 9, 2024

Streamline procurement processes: GPOs can handle the complexities of vendor management, contract negotiation, and risk management. We’ll send your spend data directly to our supplier base to compare cost and identify savings. This frees up valuable time and resources for businesses to focus on their core competencies.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

The Procuretech Podcast

JANUARY 11, 2022

New technologies and more and more data is available. The data they have been able to gather and, with their clients’ permission, use it to provide benefits and insights to their whole client base to improve analytics and predictive trends. Leveraging their data assets to add to the CX.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Data Procurement 40

The Procuretech Podcast

DECEMBER 21, 2021

My guest this week is Nick Verkroost, COO of vendor onboarding and master data management solution OCG Software, about keeping things simple and the hidden value in robust vendor master data. Eliminating admin hassle and master data as the new gold: Nick Verkroost from OCG Software. None of them are harmonised.

Management 40

Management Suppliers Data Risk 40

Planergy

OCTOBER 18, 2023

A well-designed corporate travel program prioritizes employee safety by vetting travel suppliers, providing travel risk management resources, and offering 24/7 support for travelers in case of emergencies. Risk Management A robust program enables companies to proactively identify, assess, and mitigate travel-related risks.

Risk 52

Risk Real-time Visibility Negotiation Management 52

The Procuretech Podcast

APRIL 26, 2022

Their sourcing module goes right through to offer auctions, as well as basic contract management functionality. There are also additional applications covering supplier and risk management, as well as the catalogues and e-procurement functionality associated with the traditional full stack P2P offerings. Stay in touch!

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52