Procurement Insights

AUGUST 17, 2022

I thought about Jason’s post and my earlier white paper regarding sustainable capitalism when I read this week’s article , “Going electric will cost the auto industry hundreds of thousands of jobs, experts predict.” I am not writing this article to suggest we put the brakes on ESG initiatives. Far from it.

Strategy 42

Strategy Sustainability Procurement Quality 42

Una

JANUARY 30, 2023

Other stakeholders have been frustrated by procurement’s over-focus on cost or have little knowledge (or interest) in what the job actually involves. But there are also plenty of former CPOs in the top job, including Apple’s Tim Cook and GM’s Mary Barra. Clearly, procurement still has a perception problem.

Procurement 98

Procurement Cost of ownership Influencing Purchasing 98

The Thomas Blog

JULY 26, 2022

Studies show that: 74% choose the vendor that was first to add value and insight to their problems. It simply makes the customer's job easier, which is key to gaining new business. It might be necessary to turn to industry experts to fully assess your website’s content, SEO traffic , mobile-friendliness, etc., Contact buttons.

Strategy 128

Strategy Buyers Raw materials Import 128

Supply Chain Game Changer

NOVEMBER 29, 2022

I found a picture service to allow me to add visual content to my articles. I experimented with adding different features such as a job board, video content , affiliate marketing links, Amazon ads, Google ads, polls, directories and much more. Let the experts handle this stuff. Hire an Expert. And then I was good to go.

Supply Chain Optimization 91

Supply Chain Optimization supply chain software solutions Networking Supply chain 91

Supply Chain Game Changer

MARCH 24, 2022

Located in Mexico but close to the California border, it serves as a vast hub of industrial jobs, making significant contributions to the production of products that ship all over the world. For Mexico, it’s a big boon, offering the community an enormous number of stable, well-paying jobs. However, it should be noted that their 2.5%

Supply Chain Efficiency 92

Supply Chain Efficiency Supply chain Data Supply 92

Una

JULY 3, 2023

By Hugo Britt | July 6, 2023 Search Search Some leadership experts argue that when you reach a certain level of seniority, the skillsets you’ve gained over the course of your career fade into irrelevance to be replaced by generic leadership skills that are indistinguishable and interchangeable across professions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Procurement Software

MARCH 12, 2024

So, let’s look at where it will help us, where it could be a threat, and whether indeed AI in procurement will make some job functions and processes irrelevant. I use them in my business, but I’m by no means an expert. If you’re in a tactical or administrative procurement role, AI is going to make your job irrelevant.

Procurement 52

Procurement Category management supply chain software solutions Data 52

IBM Supply Chain Blog

DECEMBER 14, 2023

As I’ve seen it being used with remarkable efficiency in coding, trip planning, meeting preparation, user interface design, job interview question generation and social media posts, it’s clear that this technology will continue to advance and become even more integral to our daily lives.

Collaboration 73

Collaboration Cost optimization Data Management 73

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient. Data silos also inhibit agility, Keeley said.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Barkers Procurement

JUNE 14, 2023

As a procurement professional, part of your job is winning support for your projects. These labels could include finance specialists, corporate social responsibility experts, innovators and risk managers. The department should open up two-way dialogue about how procurement can support the different business units and add value to them.

Risk management 52

Risk management Stakeholder engagement Risk Procurement 52

Spend Matters

MARCH 27, 2024

AI use cases are intriguing – but you need to educate yourself David doesn’t proclaim to be an expert in AI. While AI won’t necessarily replace humans,” he says, “jobs will change, so we need to upskill and retrain. It may be more likely that humans with AI will replace humans without AI.”

Procurement 82

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 82

Positive Purchasing

MAY 19, 2022

While platforms enable procurement to gather this information, we need an expert to contextualize it. When the analysis is done by experts, full-time employees are freed up to manage relationships between stakeholders and understand stakeholder needs. With this spend, procurement cannot add a great deal of strategic value.

Category management 52

Category management Management Procurement Strategy 52

IBM Supply Chain Blog

JULY 5, 2023

These conversations were also a constant reminder that one of the clear benefits of working for a large company like IBM, which is involved in many different fields, is that it allows one to regularly change job roles—and even entire fields—across the IT industry. A bit distracting, I might add.

Networking 56

Networking Influencing Data Sustainability 56

Supply Chain Game Changer

AUGUST 30, 2022

Things like coffee, lunch, and gas, add up over time. I’m not saying you will make that if you are already working a full-time job, but just dedicating 30 minutes to an hour a day to playing the stock market is a great way to boost your income and create long-term wealth.” – Staci Brinkman, Founder and CEO at Sips by.

Cost of ownership 94

Cost of ownership Supply chain Innovation Supply 94

NLPA (Next Level Purchasing Association)

DECEMBER 10, 2021

A delays analysis requires an expert with extensive knowledge of construction projects, means, methods, scheduling, and developing a sound methodology to conduct the analysis. Most of these delayed claims reach the expert after completing the project, and hence it becomes difficult to analyze efficiently. As-Built Method.

Contract 52

Contract Bidding Contract management Sourcing 52

Positive Purchasing

JANUARY 11, 2024

Jobs & skills 2. Take the jobs category and giving a job to someone who’s long-term unemployed for example. You Will Need a Credible Social Value Strategy appeared first on Positive - Procurement transformation, expert training for improved purchasing and procurement. Supporting local businesses 3.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Pipefy

JANUARY 4, 2024

Issues resolved via chatbot require no human interaction; HR representatives thus obtain what can add up to hours per day for value-added work like meaningful conversations with employees and more effective onboarding sessions. Chatbots function as virtual assistants to relieve HR teams of these repetitive tasks and many more like them.

Data 52

Data Management Sourcing Risk 52

Jaggaer

APRIL 30, 2020

One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. They can also use these learnings to adapt to new tasks and situations, just like a seasoned procurement expert might. This final sentence is perhaps the most important part.

Procurement 52

Procurement Buyers Contract Sourcing 52

Supply Chain Game Changer

NOVEMBER 17, 2018

All the little decentralized expenses that add up – consider the department ordering printer ink with a credit card instead of working through established vendor agreements. It’s the “long tail” of company spend that doesn’t seem so significant until you realize it often adds up to around 20% of a company’s overall spend. “20%

Procurement 62

Procurement Contract Purchasing Supply chain 62

Procurement Tactics

JULY 20, 2023

It used to create stunning architectural features or to add a touch of personality to a home or business. Good job Holcim ?.’ – Kathy Study Procurement Study Negotiations 2. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Colorful Concrete Concrete is no longer just gray.

Price 193

Price Suppliers Sustainability Negotiation 193

Una

APRIL 11, 2023

Levels of access security ensure that only designated employees can enter or edit data into the database, while others will have only read access, or no access, depending on their job function. Scalability: ERP systems are designed to grow with a business, making it easier to add new features and functionality as needed.

supply chain software solutions 98

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

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. This flexibility allows for diversification and prevents monotony, making each day on the job a new and exciting experience.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

The Procuretech Podcast

OCTOBER 12, 2022

We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world. But they could go forward with what they had: Subject matter experts, the right kind of supplier relationships, a platform that clients could use.

supply chain budgeting 40

supply chain budgeting supply chain software solutions Supply chain Supply 40

Positive Purchasing

JULY 26, 2023

Many choose to escalate their commitment and charge a key individual to undertake a study of how this can be achieved, then deliver a report probably in the form of a business case (which is no small job). Frequently there is also appreciation of the value of mitigating the reputational risks of not embracing sustainability.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Procurement Heads

FEBRUARY 16, 2023

You have the opportunity to switch jobs daily based on your interests and your willingness to learn. I, therefore, think procurement is one of those departments where you can see what corporate life is really about and where you could add the most value. For me, it’s also the perfect place to start your career as recent graduates.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Supply Chain Brain

JANUARY 22, 2018

Understanding who can best do the job at any given instant becomes a critical skill unto itself. expert are changing, too. experts are being asked to expand their skills to include management of mobile platforms and security administration. There’s a downside, of course to the use of outside experts for I.T.

supply chain software solutions 40

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

Zycus Cognitive Procurement

DECEMBER 8, 2020

So, the way each of us excels in our job function, we have a set of personality traits that create excellence. You can tell you a lot about anyone’s personality and what they might like by mapping it to their job function excellence. In this upcoming holiday season, then get personal and make gift giving an art.

Procurement 40

Procurement Supply Chain Efficiency Risk Negotiation 40

The Procuretech Podcast

MAY 10, 2022

Henning says that business users never enjoy these big suites, because they’re made for experts, not occasional users. In this example, the procurement team is effectively doing a job a robot could do. Henning says that business users never enjoy these big suites, because they’re made for experts, not occasional users.

Procurement team 52

Procurement team Supply Chain Efficiency Purchasing Purchase orders 52

Supply Chain Opz

OCTOBER 5, 2016

Pick any template you want to use, add it to your paper and your professors will be stunned! You can also download this add on for OpenOffice suite. Develop job hunt skills Do you know how to land dream supply chain jobs? Resource: Experts Reveal How to Land Dream Supply Chain Jobs 37. Resource: Canva 25.

supply chain software solutions 49

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply chain management 49

Supply Chain Game Changer

MAY 27, 2022

Strategic brand management focuses on long-term results, overseeing future brand development, and deliberately planning policies that add to the brand value. To do that, add a human touch to your brand. Moreover, experts say that 75% of people prefer brands that offer rewards. Let’s take Coca-Cola as our example.

Import 90

Import Management Strategy supply chain software solutions 90

Supply Chain Game Changer

NOVEMBER 7, 2018

A summer job I had during my University years involved the dismantling of old computer input/output machines and the recovery and salvage of all of the parts. Add that to the returns rate in the brick and mortar retail industry and there are over $650 Million worth of returns annually! Subscribe Here! Email Address. Trillion worldwide.

Logistics 60

Logistics Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 60

Procurement Templates

NOVEMBER 11, 2022

To develop stronger and clearer standards for net-zero emissions pledges by non-State entities such as businesses, investors, cities and regions, and speed up their implementation, UN Secretary-General António Guterres in March 2022 established a High-Level Expert Group on the Net-Zero Emissions Commitments of Non-State Entities.

Procurement 130

Procurement Bidding Contract Suppliers 130

Procurement Software

MARCH 11, 2022

If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. So, why are highly paid Procurement Managers expected to perform an administrative duties as part of their job?

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Supply Chain Opz

JUNE 23, 2014

Then, many people think sophisticated forecasting models will do a better job. Some scientific paper suggested you average the forecast from multiple methods/experts because it can lead to improved forecasting accuracy. Believe it or not, many fancy forecasting methods have not been tested extensively in the real-world situations.

Inventory 88

Inventory Inventory control Management Supply Chain Efficiency 88

Procurement Software

APRIL 18, 2023

Even when a change is implemented, your job is never done. Ability to auto-extend deadlines for last minute bids Auto-extend features allow you to add more time to an auction if a supplier bids in low last minute (‘sniping’). Change management – “It is a lifestyle, not a diet!”

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Positive Purchasing

APRIL 11, 2022

Add to this the problem of suppliers holding retailers to ransom over price increases, and the ongoing global shortage of truck drivers, and we have the perfect storm. Our job in procurement is to cut through this to figure out what increases we can and should not accept and how we might be able to counter this.

Raw materials 52

Raw materials Supply Supply Chain Efficiency Price 52

Procurement Software

MARCH 11, 2022

If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. So, why are highly paid Procurement Managers expected to perform an administrative duties as part of their job?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52