Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Suez Canal — Everything About Supply Chain Suez Canal is an artificial waterway located in Egypt that connects the Mediterranean Sea to the Red Sea. However, how important is it in the supply chain?

Supply chain 204

Supply chain Supply Negotiation Import 204

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. Why is it Important? However, What is it?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Procurement Tactics

NOVEMBER 21, 2022

Or receive our famous weekly newsletter. We will tell you the importance and types of corporate social responsibility. The importance of CSR is increasing through the years as the brand’s image can affect its profitability. Or receive our famous weekly newsletter. What is the importance of sustainability today?

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Next up is Harald Nitschinger, CEO of risk management solution Prewave.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. What is the Significance of Commodity Trading?

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Leaders

FEBRUARY 6, 2024

I could go on, but it’s probably more important to be clear on which suppliers it makes sense to build such a relationship with. Dire straits Discussing the risks associated with Taiwan on the call was a sobering experience, with there no doubts as to the magnitude and importance of the island to global business.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Procurement Tactics

OCTOBER 18, 2022

Or receive our famous weekly newsletter. Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. Supplier Relationship Management Explained.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Leaders

APRIL 15, 2024

Designed to prevent so-called ‘carbon leakage’, where companies based in the EU move carbon-intensive production to regions where less stringent climate policies are in place, the directive will result in significant costs for importers.

Supply 130

Supply Sustainability Supply chain Demand 130

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking: Why is it Important? Risk Mitigation In risk management, there is a key role to be played by procurement monitoring.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Let’s start!

Contract management 189

Contract management Contract Management Negotiation 189

The Procuretech Podcast

NOVEMBER 7, 2023

They touch on topics like organisational development, digitisation of processes, indirect costs, and risk management. Hans highlights that many mid-sized firms still rely on manual, outdated methods for procurement, particularly in areas like supplier management, risk management, and sustainability. Stay in touch!

Procurement 40

Procurement Risk management Buyers Risk 40

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

The Procuretech Podcast

JULY 18, 2023

The most important supplier in 2020. 19:46 Risk management and Unispace What Unispace is all about. 19:46 Risk management and Unispace What Unispace is all about. Evolving towards a full-stack supplier risk management tool. 22:23 Risk and the Canopy platform. The journey of using Canopy.

supply chain software solutions 40

supply chain software solutions Risk management Risk Procurement 40

The Procuretech Podcast

MARCH 12, 2024

The episode also emphasises the importance of starting with the "why" when developing a business case for ProcureTech, advising to focus on addressing the most significant challenges within procurement processes. This shift towards customisation is leading to better technology adoption and effectiveness. Stay in touch!

supply chain budgeting 40

supply chain budgeting Budget supply chain software solutions Procurement 40

Procurement Tactics

AUGUST 19, 2022

Or receive our famous weekly newsletter. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. We will also share the benefits of vendor management that will captivate you to use it. . What is Vendor Management?

Vendor management 130

Vendor management Management e2e Negotiation 130

Procurement Tactics

OCTOBER 13, 2022

Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. We will discuss the role of strategic sourcing managers within the procurement team and their responsibilities in a company.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Tactics

JANUARY 13, 2023

Or receive our famous weekly newsletter. Procurement Conference: What is it and its Importance? Procurement conferences showcase the need and importance of procurement in today’s society as it continuously grows throughout the years. This is important when you are looking for collaborators and new ideas.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Procurement Tactics

SEPTEMBER 21, 2022

Or receive our famous weekly newsletter. A well-thought risk management approach. 33 Procurement Interview Questions in 2022. First Name. Download Free Whitepaper ?. Sustainable Procurement Requirements — The Ultimate Guide. Sustainable procurement requirements are closely tied to the company’s culture and policies.

Sustainability 188

Sustainability Procurement Cost of ownership Suppliers 188

Una

MARCH 30, 2023

On the other hand, a CPO who reports directly to the CEO is more likely to align their team’s activities with a wider array of business goals such as risk reduction, sustainability, and diversity targets. What should we focus on beyond cost? Great question! Start by keeping close track of changing business goals and priorities.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Una

JANUARY 29, 2024

I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape. Let me stress from the start that the thoughts and opinions in this newsletter are my own. There’s an unsubscribe link below, but why not check it out first? Do you have a China-Taiwan conflict plan ready to go?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sourcing 52

Una

APRIL 13, 2023

What’s more, the relationship will be stronger, more stable, and the supplier will regard you as a customer of choice – an important benefit when supply shortages begin to bite. Nurturing the top 20% of your suppliers will help you extract additional value from these relationships.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

OCTOBER 16, 2022

Or receive our famous weekly newsletter. Collaboration between departments is enhanced when managers are involved in the process. Data security and risk management. The ERP system manages and automates all key operations in a single integrated system for convenience. 33 Procurement Interview Questions in 2022.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

Una

JULY 3, 2023

Risk management Procurement leaders play a critical role in assessing and mitigating risks associated with the supply chain. They monitor their organization’s risk appetite, oversee the implementation of risk management frameworks, monitor market trends, and proactively identify potential disruptions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. It’s becoming increasingly important to ‘know your supplier,’ he said. Look for a product that you can adapt to your needs.

Procurement strategies 92

Procurement strategies Innovation Strategy Procurement 92

Procurement Tactics

JULY 12, 2022

Or receive our famous weekly newsletter. It is important to maintain national security, especially in times of war. Enable program management and cost assurance functions. Focus on risk management and understanding. . 33 Procurement Interview Questions in 2022. First Name. Download Free PDF.

Procurement 130

Procurement Export Budget Contract 130

Planergy

JANUARY 19, 2024

Vendor analysis is crucial for risk management. As a procurement professional, you know the importance of ensuring that all materials and services delivered by vendors meet or exceed your standards for quality and performance. Taking your time throughout the process ensures you get the best possible match.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Una

FEBRUARY 13, 2023

Activate your supply chain backup plan First, risk management 101 in procurement involves having a network of backup suppliers for when disruption occurs. You’ll then be able to work with them to mitigate those risks or identify alternate suppliers.

Supply chain 98

Supply chain Supply Contract Suppliers 98

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Una

NOVEMBER 29, 2023

Imagine if he had to look after all the toy-making, gift-wrapping, and present-packing himself – he’d be overworked, stressed out, and would probably miss his all-important delivery deadline. By Hugo Britt | November 30, 2023 Search Search What would Santa do without the ability to outsource key tasks to his elves?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

AUGUST 31, 2023

Supplier diversity Maintaining a diverse supplier base is important in terms of risk mitigation and ESG. Small businesses may struggle to find and engage with diverse suppliers, potentially missing out on valuable opportunities and risking reputational damage.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Una

OCTOBER 31, 2023

Risk management Identify potential risks associated with the change and develop a risk management plan. By proactively addressing risks, you can mitigate their impact on the implementation process. Prioritize changes based on their strategic importance and potential impact.

Change management 52

Change management Management Procurement Leadership 52

Una

JUNE 8, 2023

Also known as the Purchasing Portfolio Matrix, the Kraljic Matrix helps companies understand the importance and impact of different products or services they purchase and develop appropriate procurement strategies. Top left] Leverage items: These items have a high profit impact and a low supply risk. appeared first on Una.

Suppliers 52

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

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Why is Business Budgeting Important? Better Risk Management By identifying potential financial issues early on, budgeting allows you to mitigate business risks and implement contingency plans.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Planergy

OCTOBER 18, 2023

In this blog post, we’ll discuss the basics of a corporate travel program, why it’s important, and how to implement one successfully. Businesses can reduce administrative burdens, improve policy compliance, and optimize their travel spend by offering a centralized, streamlined approach to managing travel arrangements.

Risk 52

Risk Real-time Visibility Negotiation Management 52

Una

JUNE 6, 2023

Inventory analysis and supplier risk monitoring Predictive analytics to help anticipate demand and optimize inventory levels Helping communicate with suppliers Automating risk management and track supplier performance Keep in mind there is some risk involved in using the tool. We need to accept that.

Procurement 52

Procurement Negotiation Suppliers Strategy 52