Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. in the 2021 study to 10.9%.”

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

Una

JUNE 1, 2023

From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. As a procurement professional , you’ll gain a broader perspective and develop valuable intercultural skills that are highly valued in today’s global marketplace.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Take carbon reductions for example.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

MAY 9, 2023

Protecting profitability in the face of inflation isn’t about squeezing suppliers in negotiations, but working together to find ways to reduce costs in the full value chain. Ensuring supply continuity requires timely and open sharing of information. Second, map your sub-tier.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

IBM Supply Chain Blog

JANUARY 16, 2024

Depending on the scope and nature of the product, this could be as simple as hiring additional engineers and as complex as implementing new supply chain processes across the organization. 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 74

Product development Strategy supply chain budgeting supply chain software solutions 74

Una

JUNE 1, 2023

From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. As a procurement professional , you’ll gain a broader perspective and develop valuable intercultural skills that are highly valued in today’s global marketplace.

Procurement 52

Procurement supply chain budgeting Sustainability Negotiation 52

Supply Chain Game Changer

NOVEMBER 25, 2018

Check out The Digital Supply Chain – Supply Chain 4.0! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. Neil completely understands the role of technology, I/T, the Supply Chain and business.

Leadership 45

Leadership Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 45

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery. Initiatives that prioritize environmentally friendly practices, fair labor, and responsible sourcing improve brand reputation and mitigate potential legal and reputational risks.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

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. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Procurement Software

JANUARY 23, 2024

It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions. Budget management and control features allow for transparent presentation and allocation of budgets. This enables teams to make decisions and remain in control.

Procurement 52

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

Empowering CPO

JUNE 30, 2023

In the current business scenario, where market dynamics are constantly changing, and supply chain resilience is being tested, managed procurement services have gained significant relevance. Our solutions are not just about reducing costs; they’re about creating value, fostering innovation, and driving business growth.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Therefore, the success of supplier performance management directly affects the quality of the entire supply chain.

Suppliers 67

Suppliers Management Quality Import 67