Spend Matters

DECEMBER 22, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. 2023 proved to be another challenging year for procurement professionals.

Procurement solutions 84

Procurement solutions Procurement supply chain budgeting Budget 84

Una

AUGUST 17, 2022

Episode 78: Empowering Procurement to Create Broader Value with Brian Chaplin. Modernizing procurement organizations from tactical to strategic takes more than new technology and upgraded processes. Brian has experience managing indirect procurement in manufacturing-centric industries like CPG, aerospace, and energy. Highlights.

Procurement 98

Procurement Global sourcing Purchasing Sourcing 98

Una

JUNE 1, 2023

6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. Look no further than procurement! Procurement professionals play a vital role in shaping the success of organizations.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Pipefy

JANUARY 30, 2024

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 To do so, procure-to-pay trends point to an increased focus on three key areas: technology, collaboration, and sourcing. Below is a rundown of the three procure-to-pay trends shaping 2024.

Agile and Lean Supply Chain 52

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

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Una

JUNE 1, 2023

6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. Look no further than procurement! Procurement professionals play a vital role in shaping the success of organizations.

Procurement 52

Procurement supply chain budgeting Sustainability Negotiation 52

Empowering CPO

JULY 5, 2023

Introduction In the globalized and rapidly evolving business landscape of the 21st century, the strategic importance of procurement cannot be overstated. However, procurement can also be complex, time-consuming, and fraught with challenges. However, procurement can also be complex, time-consuming, and fraught with challenges.

Management 52

Management Procurement Real-time Visibility Ethics 52

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 246

Sustainability Influencing Agile and Lean Supply Chain Contract 246

Procurement Heads

MARCH 7, 2023

For this year’s International Women’s Day, Procurement Heads spoke to leaders from across procurement to get their thoughts on equity. “If you’re just starting your career, unsure of the path you want to take, try procurement! “It Inclusion means all IWD action is valid.

Leadership 246

Leadership Procurement Agile and Lean Supply Chain Import 246

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Empowering CPO

JANUARY 28, 2024

Introduction In the dynamic realm of procurement, organizations strive to not only meet their immediate needs but also to establish sustainable and cost-effective supply chains. By adopting this approach, organizations can strategically manage their procurement processes to achieve significant cost savings and operational efficiency.

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Optimization 40

Positive Purchasing

SEPTEMBER 22, 2022

It now owns 15 of the 17 cobalt mines in the Dominican Republic of Congo, the biggest global source of cobalt. The challenge for procurement. As a buyer in procurement , you could be in an awkward spot. We are entering a phase where the procurement function needs to understand the future risk. What do we do?

Procurement 52

Procurement Raw materials Price Risk 52

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Are You Ready?

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

CPO Rising

FEBRUARY 6, 2023

Over the last 30 years, Chief Procurement Officers and their enterprises operated in a relatively stable and prosperous economic environment.

Chief Procurement Officer 40

Chief Procurement Officer Global sourcing Innovation Suppliers 40

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 130

Sustainability Influencing Agile and Lean Supply Chain Contract 130

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. Market Intelligence: Shaping Strategic Choices In the dynamic world of procurement, staying ahead requires a keen understanding of market dynamics.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

ivalua

JULY 21, 2021

The partnership accelerates procurement digital transformation with Ivalua. REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

Spend Matters

JULY 24, 2023

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download. in the 2021 study to 10.9%.”

supply chain budgeting 80

supply chain budgeting Budget Agile and Lean Supply Chain Risk 80

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

ivalua

DECEMBER 19, 2018

PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. PKP Energetyka decided to implement a SaaS (Software-as-a-Service)-based Advanced Procurement solution, delivered by Ivalua. About PKP Energetyka. PKP Energetyka S.A.

Supplier relationship management 100

Supplier relationship management Contract Procurement solutions Buyers 100

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). SCM #SupplyChain #Technology #Logistics #Freight #Purchasing #Procurement #Business.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Suppliers 56

Suppliers Management Quality Import 56

Positive Purchasing

APRIL 11, 2022

Jonathan O’Brien considers procurement within an inflationary environment and suggests ways to cope with unparalleled changes and increased expenditure. But a number of crises have caused companies to question that and we have also seen price hikes associated with global sourcing. When things are great, nobody worries.

Raw materials 52

Raw materials Supply Chain Efficiency Supply Price 52

Procurement Software

JANUARY 23, 2024

From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. Our other article on 25 hottest European procurement startups features those German startups making waves way beyond their borders.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The post How Supplier Risk Management needs to evolve in 2021 appeared first on Zycus Procurement Blog.

Risk management 52

Risk management Risk Suppliers Management 52

SCMDOJO

JANUARY 30, 2023

She first started off as a Plant Manager at Eaton and then went on to become the VP of Global Sourcing at Honeywell International. Later on, she also served as the Chief Operating Officer at Eaton, where she was responsible for the company’s global electrical business.

Agile and Lean Supply Chain 123

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 123

IBM Supply Chain Blog

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

Sourcing 99

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 99

SupplyShift

APRIL 27, 2021

Here, cotton yarn is mixed from a variety of global sources into large sheets that are then sent downstream for further production. This is a case and point example of why we think procurement will be key in enabling a global transition towards more sustainable and resilient supply chains. .

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Collaboration 52

ivalua

MAY 18, 2022

Chassis Brakes Int’l (now part of Hitachi), presents a great example, having unified supplier data across all 25 global ERP environments through it’s global Source-to-Pay (S2P) platform. Successfully employing MDM requires procurement to closely engage IT. Procurement needs skin in the game.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Skill Dynamics

MARCH 30, 2023

The challenge With such a vital product at stake, they needed to ensure their ambitious and dedicated procurement teams were equipped with the right training to ensure they can deliver everything needed to get their cutting-edge technologies into their customers hands. ” Stefan Isler, Head of Global Sourcing, Huber+Suhner.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement team Supply chain Global sourcing 52

SupplyShift

APRIL 27, 2021

Here, cotton yarn is mixed from a variety of global sources into large sheets that are then sent downstream for further production. This is a case and point example of why we think procurement will be key in enabling a global transition towards more sustainable and resilient supply chains.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Collaboration 40

Supply Chain Opz

OCTOBER 14, 2013

Padmanabhan and Seungjin Whang Information is then grouped and converted in the infographic as below, 7 Ways to Improve Visibility 1) Shorten pipeline : the prevalent use of outsourcing, global sourcing in particular, increase the members of supply chain including related processes.

Supply Chain Visibility 98

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 98

ivalua

MAY 8, 2019

Daniel Koh is currently leading a team of 130 sourcing and pricing professionals globally. He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain Risk Management.

Supply Chain Efficiency 20

Supply Chain Efficiency Global sourcing Leadership Risk management 20

Una

OCTOBER 17, 2023

By Mackenzie Oakley | January 5, 2023 Search Search While cost savings is likely at the forefront of any procurement initiative, the profession continues to evolve with more focus than ever being placed on risk reduction, sustainability, strengthening supplier relationships, compliance and business continuity.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Supply Chain Opz

OCTOBER 14, 2013

Padmanabhan and Seungjin Whang Information is then grouped and converted in the infographic as below, 7 Ways to Improve Visibility 1) Shorten pipeline : the prevalent use of outsourcing , global sourcing in particular, increase the members of supply chain including related processes.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55