NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Consider these courses and resources from NLPA: Data Analytics for Procurement Professionals Microsoft Excel for Purchasing Professionals Excel Basics for Buyers Strategic Sourcing Optimization: Justification : Applying strategic sourcing principles, including category management, supplier segmentation, and Total Cost of Ownership (TCO) analysis, optimizes (..)

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Spend Matters

DECEMBER 22, 2023

We’re working with customers on GenAI event creation, sourcing of upcoming renewals, policy adherence, autonomous negotiations, contract renewals, RFP scoring and supplier engagement. We started getting hearing from companies of all sizes that wanted to explore using our Autonomous Sourcing for all types of spend.

Procurement solutions 82

Procurement solutions supply chain budgeting Procurement Budget 82

Empowering CPO

JUNE 30, 2023

They now encompass a wide range of activities including supplier selection and negotiation, contract management, risk assessment, spend analysis, and strategic sourcing, to name just a few. But in today’s complex business environment, procurement services have evolved beyond these basic functions.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

IBM Supply Chain Blog

JANUARY 16, 2024

This is where a product management team becomes increasingly important, as sourcing can require extensive collaboration between vendors and across multiple processes. In cases of complex global sourcing and manufacturing needs, a business may elect to use software or databases specifically built for the task.

Product development 82

Product development Strategy supply chain budgeting supply chain software solutions 82

Empowering CPO

JULY 5, 2023

It’s about being able to navigate the complex landscape of global sourcing, regulatory compliance, risk management, and more. We have helped businesses navigate the challenges of global sourcing, compliance, risk management, and more, delivering tangible results in terms of cost savings, process efficiency, and strategic value.

Management 52

Management Procurement Real-time Visibility Ethics 52

IBM Supply Chain Blog

JANUARY 31, 2024

A sole-source strategy, on the other hand, is a situation where there is only one supplier for a particular product or service, negating the ability for businesses to choose alternatives. Global sourcing Global sourcing is sourcing goods or services from suppliers in global markets.

Sourcing 101

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 101

Procurement Software

JANUARY 23, 2024

Matchory Matchory is a German procurement startup offering a data-driven strategic sourcing solution. This collects supplier data from a range of sources, then applies machine learning and other technologies to analyse it. Along with a cloud-based supplier search engine that aims to fully automate global sourcing.

Procurement 52

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

Una

OCTOBER 17, 2023

Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example. Strategic sourcing involves identifying and evaluating potential suppliers based on factors such as cost, quality, and reliability.

supply chain budgeting 81

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