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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value. Category and market expertise helps make informed sourcing decisions.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?)

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This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” The post This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management appeared first on Directworks.

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Three ways supplier collaboration creates real value for manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

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Three Ways Supplier Collaboration Creates Real Value for Manufacturers

ivalua

Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demand planning. If you work in product design or engineering, supplier collaboration is focused on integrating strategic suppliers into your product innovation efforts. Innovating.

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How Supply Chain Can Make or Break a High Growth Company!

Supply Chain Game Changer

In fact, we recently brought on a new Cannabis client who’s scaling up a strategic sourcing operation in all of their Procurement, so that all their spend is captured and accounted for as they grow, rather than after. But if you don’t have any of that expertise, you’ll get zero.

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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

However, the retailer’s supply chain executives struggled to gain acceptance for the idea from their leadership because it resulted in the retailer carrying a far larger fraction of the logistics cost. Leadership #SupplyChain #Business #SCM #Procurement #Purchasing. Invest in the Right Infrastructure and People.