Procurement Leaders

MAY 30, 2022

Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. Identifying new diverse suppliers to ensure coverage across all key categories of spend. Helping supplier development.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 8 US Appliance Parts Suppliers — Top Factors, Choosing Guidelines, Pricing, and Review The US appliance parts industry experiences a period of significant growth and transformation.

Price 183

Price Suppliers Negotiation Quality 183

ivalua

JUNE 29, 2021

Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Procurement Insights

NOVEMBER 30, 2023

EDITOR’S NOTE: Here is one comment I received regarding yesterday’s supplier diversity post and my subsequent response. Suppliers have the most beneficial ways to fulfill that demand. Another factor that comes to mind is the influence of the consumer, e.g., voting with their dollars. Reader Comment: Jon W.

Suppliers 53

Suppliers Collaboration Influencing Demand 53

Procurement Zen

JULY 29, 2021

This is second part of the series on Cialdini's weapons of influence. The post Episode 050 – Weapons of Influence – Pt. Episode Highlights Today we're talking commitment and consistency Generally spoken we humans tend to behave consistent with previous statements we made Ever saw a free trial for something?

Influencing 52

Influencing Bill of materials Negotiation Procurement 52

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Stage 3: Build Relationships Days 21-30 Supplier Engagement: Identify key suppliers and initiate relationship-building activities, including meetings and performance reviews.

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

Procurement Templates

NOVEMBER 26, 2023

Different managers have different needs, and suppliers aren’t just faceless entities. You’ve got to understand everyone’s needs and concerns, and sometimes, you’ve got to play the diplomat between your internal teams and your suppliers. They know when to assert their position firmly and when to give some leeway.

Procurement 130

Procurement Influencing Negotiation Contract 130

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.

Suppliers 100

Suppliers Supplier consolidation Supply Chain Efficiency Data 100

ProcurePort

MAY 26, 2022

The sourcing function ensures that the organization is getting its products from the most suitable suppliers. • If possible, the sourcing function should influence the supply market through engagement with suppliers for mutually beneficial relationships. • An effective sourcing strategy considers […].

Sourcing 130

Sourcing Influencing Supply market Suppliers 130

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Procurement Leaders

JUNE 20, 2023

Others aim for a steady state approach, gradually embarking on new categories as the function’s influence expands. These areas of spend have historically resisted procurement influence. As such, many leaders take a pragmatic approach and grow category influence through a steady state.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

Procurement Heads

FEBRUARY 16, 2023

For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. How did it feel to be recognised once again in the CIPS Power List? It always gives a double feeling in my opinion.

Influencing 130

Influencing Sustainability Procurement Supply Chain Efficiency 130

Procurement Heads

MARCH 27, 2023

We’re responsible for the supplier management and then supporting the business in contract management as well. We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. Sustainability is one of those, and supply chains can influence carbon emissions in a huge way.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement’s value became evident, as did the importance of the supplier relationships they had built.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

World of Procurement blog

APRIL 23, 2024

From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation. Cost Savings Tracks the reduction in costs achieved by negotiating better terms, consolidating purchases, or finding more cost-effective suppliers.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation. Cost Savings Tracks the reduction in costs achieved by negotiating better terms, consolidating purchases, or finding more cost-effective suppliers.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

Spend Matters

OCTOBER 23, 2023

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. In the world of business, procurement departments play a pivotal role in shaping an organization’s success.

Contract management 93

Contract management Contract Supplier relationship management Management 93

Procurement Leaders

JANUARY 28, 2024

We have the opportunity to work with and harness the technology of thousands of suppliers, can influence success across internal functions, from R&D to sales and – crucially – can connect the outside with the inside.

Supply Chain Optimization 130

Supply Chain Optimization Influencing Innovation Sustainability 130

SupplyShift

APRIL 28, 2021

So, if your company is new to sustainability programs and increased supply chain transparency, or even if you’re a leader in the field, we’d like to offer the best practices we’ve seen implemented by our customers for assessing supplier sustainability performance and driving improvement.

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SupplyShift

APRIL 28, 2021

So, if your company is new to sustainability programs and increased supply chain transparency, or even if you’re a leader in the field, we’d like to offer the best practices we’ve seen implemented by our customers for assessing supplier sustainability performance and driving improvement. . Supplier diversity, equity, and inclusion (DEI).

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Procurement Tactics

JULY 4, 2023

It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. It enables organizations to effectively negotiate and collaborate with suppliers. This will indicate the influence of each raw material on the overall cost.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Leaders

MARCH 4, 2024

Speaking for just a couple of minutes to a captivated audience of European CPOs, heads of excellence and other procurement leadership executives, Bertrand explained how the 51 members of TfS were now able to drive real impact, given the reach the chemicals sector has and the exponential influence they in turn have on suppliers.

Procurement 130

Procurement Sustainability Collaboration Influencing 130

Procurement Tactics

NOVEMBER 14, 2022

A Request for information (RFI) is a method of gathering information from multiple suppliers before the procurement manager starts to source products or services. . The RFI is often applied once you have gathered multiple suppliers but you do not have any information about them. Ultimate Supplier Plotting Checklist 2022.

Bidding 178

Bidding Suppliers Procurement Influencing 178

World of Procurement blog

APRIL 23, 2024

It involves using advanced analytical tools and techniques to understand market trends, evaluate supplier performance, and make data-driven decisions that impact the company's bottom line. This can be broken down by suppliers, departments, or individual goods and services. What are Procurement Analytics?

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

It involves using advanced analytical tools and techniques to understand market trends, evaluate supplier performance, and make data-driven decisions that impact the company's bottom line. This can be broken down by suppliers, departments, or individual goods and services. What are Procurement Analytics?

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Procurement Tactics

APRIL 6, 2023

Sustainability in the Supply Chain Nowadays, many multinational companies pledge to work only with suppliers that follow environmental and social standards. The complex system of the supply chain can hinder visibility into crucial operational considerations such as the distance of a supplier’s factory and labor conditions.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Tactics

AUGUST 29, 2022

Robert Cialdini spent his career researching the science of influence, earning him an international reputation as an expert in the fields of compliance, persuasion, and negotiation. . He is also the author of the bestselling book, “Influence: The Psychology of Persuasion”, which is one of the 12 best business books of all time.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

Una

NOVEMBER 8, 2023

Read More When Supplier Negotiations Come to a Standstill Supplier negotiations can break down for several reasons so knowing how to prepare head of time, and how handle differing viewpoints is key. Explore ways to rectify the procurement talent shortage by attracting and keeping top sourcing candidates.

Procurement 52

Procurement Supplier negotiation Influencing Negotiation 52

ivalua

JUNE 28, 2022

By connecting with C2FO’s network, the partnership will enable Ivalua customers to more intelligently control and manage cash flows, driving growth and better supporting their suppliers. Early payments are a powerful liquidity tool that allows suppliers to be paid before terms. About C2FO. C2FO is working capital, working for everyone.

Spend management 130

Spend management Suppliers Influencing Sourcing 130

Spend Matters

APRIL 4, 2024

To clarify this, Bertrand Maltaverne works through the different influences on a GenAI’s design and the degrees that a GenAI may be implemented. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management. Not all implementations are the same, however.

Procurement 84

Procurement Risk management Raw materials supply chain software solutions 84

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. As TikTok and influencers gain prominence, they’re reshaping consumer behavior and marketing. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Jaggaer

JANUARY 28, 2020

Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” Sign up here to catch the next live webinar on February 27 : The Path to Sustainability: Establishing Digital Supplier Management with a Sustainable Solution .

Suppliers 59

Suppliers Sustainability Quality Data 59

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Supplier Management Systems: Assists in tracking and evaluating supplier performance, ensuring compliance and fostering better relationships.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Heads

FEBRUARY 23, 2023

APSCo’s data also reveals that while vacancy levels fluctuated throughout 2022 as economic uncertainty influenced business confidence – yearly comparisons show that new roles fell by just over 16% between January 2022 and January 2023. The data, provided by Broadbean Technology, revealed that job applications within the sector fell by 12.5%

Vendor management 130

Vendor management Influencing Demand Risk management 130

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52