Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

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Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1. Dirty Little Secret #2–4.

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Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. It can be difficult to prioritize some of these initiatives in tough economic conditions, but there is a leadership imperative amongst organizations to do so.

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Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain ?

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Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain ?

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IBM Supply Chain Blog

JUNE 30, 2023

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. A lack of MRO inventory visibility can lead to a lack or obsolescence of key parts. On a parallel track, companies have been trying to stay on pace to accelerate the transition to electric vehicles.

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Supply Chain Trend

OCTOBER 25, 2023

However, one McKinsey study found that 7% of CPG companies apply end to end autonomous planning. Set strategic & decision policy setting : this is a leadership meeting, where the strategic priorities by function and trade-offs between functions are updated when required. Some go as far as 80%.

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HICX

FEBRUARY 15, 2024

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. From cloud-based platforms to advanced supplier data analytics , digital solutions are addressing the challenges of supply chain management.

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ivalua

NOVEMBER 25, 2020

Procurement’s value became evident, as did the importance of the supplier relationships they had built. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. . You can download Gartner’s full report here.

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Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

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Barkers Procurement

AUGUST 2, 2023

Questions such as: What vulnerabilities do current suppliers have? What are the events impacting the end-to-end supply chain? How are suppliers managing the Cost of Goods Sold (COGS)? What measures such as product value engineering or alternative raw materials can be implemented to mitigate pressures?

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Supply Chain Collaborator

APRIL 14, 2020

Define the contours of your supply chain network from end-to-end – inbound from vendors to production facilities and outbound from DCs to customers. Diversifying the array of suppliers within the supply chain is as important as diversifying the carriers within the network. Develop a Risk Mitigation Strategy.

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Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. We invested almost $100 million in fully digitizing our end-to-end operations and building software.” Today I’m joined by MFG.

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Supply Chain Game Changer

NOVEMBER 11, 2018

The level of digital connectivity across the entire End-to-End Supply Chain, from customers through to manufacturers, distributors, logistics companies, and suppliers of all kinds enables this forward leap to an Industry 4.0 In Supply Chain having complete visibility to the entire network is essential for effective operations.

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Let's Talk Supply Chain

JUNE 27, 2022

Human rights groups and news reports have linked many multinational companies to suppliers there. Brands like Coca-Cola and Nike will now have to spend a vast amount of money scrutinizing their supply chains and potentially finding new suppliers. It’s time for a plan. Thankfully, importers aren’t on their own.

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Supply Chain Opz

JANUARY 17, 2017

Equally, lack of visibility adds to uncertainty. Where reliability is key, management of uncertainty may require closer collaboration with external parties and optimization of end-to-end (E2E) inventory levels aligned to segmented trade-off between service level and cost.

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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.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 16, 2020

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! However a new survey shows that the percentage of women in leadership roles is still low. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. But as we chronicle on the Argentus blog, the field has changed.

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Supply Chain Game Changer

SEPTEMBER 17, 2019

First, consider that a digital supply chain enables complete, end-to-end connectivity and visibility : You can monitor and understand, in real time, what’s happening anywhere within that supply chain and make real-time decisions to create the outcomes that you desire.

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SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

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Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues. End to End Supply Chain Visibility and the Internet of Things (IoT). ERP, TMS), and Indirect Goods and Services all represent enormous costs.

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Zycus Cognitive Procurement

NOVEMBER 29, 2022

Engage with your vendors and suppliers to work through the contract review process with a win-win mindset. You may provide better demand visibility to the vendor partner. Review your ‘Supplier Risk and Performance Management solution to prioritize renegotiations with suppliers whose performance has been below par.

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IBM Supply Chain Blog

NOVEMBER 3, 2022

Many are working with suppliers in strategic ways, including on issues such as emissions reduction and socioeconomic inclusion. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order. Suppliers: Build out your own viable and sustainable ecosystem of partners.

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Supply Chain Game Changer

NOVEMBER 17, 2018

In Supply Chain that means we want and need full end to end visibility and transparency. To provide that end to end visibility requires electronic connectivity of all nodes of the Supply Chain. We had all of the supplier relationships in place. Email Address. We are in the Digital Age! Conclusion.

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Supply Chain Game Changer

NOVEMBER 12, 2018

And “Supply Chain” is more than just a characterization of the flow between Suppliers and your company and your Customers. Supply Chain” also reflects the leadership role that this team can and should play in unifying your company! And this visibility is enabled by, and provided by, the Logistics team within your Supply Chain group.

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SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

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Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible. Human error Missed emails.

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Supply Chain Game Changer

FEBRUARY 12, 2020

We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). And they would not have the end to end supply chain visibility that can come with a TMS. With all of that we went to market! Loss of Control.

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Supply Chain Game Changer

OCTOBER 18, 2022

You must have visibility to all tiers of your entire end to end Supply Chain, from the lowest tier supplier through to the end customer. You must be able to see between the lines and behind the numbers, on the lookout for troublesome trends or incongruities. You need to have the ears of a dog or a bat.

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Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. Supplier Management. There have been no efforts at supplier consolidation or performance management.

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Supply Chain Game Changer

MARCH 28, 2020

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. And invariably they think of Procurement as the group to go to in order to squeeze more costs out of suppliers over and over again.

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Supply Chain Game Changer

FEBRUARY 14, 2022

It involves people from different departments such as manufacturing, operations, marketing, sales, and suppliers. The most successful CFOs collaborate with internal staff, such as the other C-suite members and other end-to-end supply chain team members. This is because they trust the company’s leadership.

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Jaggaer

OCTOBER 8, 2019

For this to happen, procurement professionals must make a stronger case to the organization’s leadership to demonstrate the value it can deliver. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) This is precisely the approach that JAGGAER has adopted with the launch of JAGGAER ONE.

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Supply Chain Game Changer

NOVEMBER 19, 2018

You can also manage relationships with carriers, suppliers and customers while improving processes. With track & trace, you will get deep visibility to SKU-level information from first-mile to last-mile, including the tracking of costs to better monitor transport spend.

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Supply Chain Game Changer

JANUARY 26, 2021

Implementing elements of a Digital Supply Chain , based on a backbone of real end to end electronic connectivity, will enable the real time visibility to manage every aspect of any Supply Chain quickly and effectively. Conclusion. Pandemic fatigue has set in, at a very minimum.

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Supply Chain Game Changer

NOVEMBER 9, 2018

Lack of end to end visibility across the Supply Chain from Suppliers through to internal operations and on to end Customers, inclusive of Logistics operators. Lack of an effective Supplier Relationship Management program. Poor leadership. It needs proactive, dynamic leadership. Lean, Agility).

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Supply Chain Game Changer

APRIL 23, 2019

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. And invariably they think of Procurement as the group to go to in order to squeeze more costs out of suppliers over and over again.

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