Positive Purchasing

MARCH 14, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability in your supply chain, then prioritizing where and how to focus your resources to make the greatest positive impact.

supply chain budgeting 52

supply chain budgeting Sustainability Agile and Lean Supply Chain Supply chain 52

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes.

Agile and Lean Supply Chain 52

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

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs.

supply chain software solutions 52

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

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 91

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 91

Supply Chain Game Changer

SEPTEMBER 5, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust. Subscribe Here! Email Address.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.

supply chain software solutions 111

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 111

Empowering CPO

JUNE 14, 2023

But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. Importance of Innovative Procurement Models In the era where change is the only constant, innovation has become a necessity rather than a luxury. Introduction A. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

MARCH 16, 2021

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! We were a global Supply Chain, Logistics and Distribution company. The prior CIO kept the lights on, followed the instructions they were given, tried to keep costs down, and that was about it. Subscribe Here!

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Procurement Tactics

APRIL 19, 2023

Ultimately, sustainable goals are what drive the procurement process to keep innovating and improving. Thus, you will be able to keep up with the fluctuations in your supply chain. Additionally, it can help by ensuring that no resources go to waste and by promoting sustainability with its purchasing decisions.

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

Empowering CPO

JULY 3, 2023

Amid the rapidly evolving business landscape, it is no longer sufficient for companies to merely manage their procurement operations – they must innovate. Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth.

Innovation 52

Innovation Strategy Procurement Management 52

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. So, why are managed procurement services necessary?

Supply Chain Optimization 52

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

Procurement Templates

APRIL 15, 2024

Though the regulations are set there they can govern any type of purchase with lots off different operating factors, there each procurement manager to a certain extent will apply their own views including their training (when I say training the organisations where they worked previously) and their own interpretations.

Influencing 130

Influencing Negotiation Risk Innovation 130

Procurement Tactics

SEPTEMBER 9, 2022

The purpose of why he created the Matrix was to help companies in maximizing supply security and reduce costs by using most of their purchasing power. Kraljic Matrix is a strategic tool used by procurement and supply chain professionals to find and minimize supply risks nowadays.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Procurement Templates

MARCH 3, 2024

A RFQ is used for low cost purchases and a PQQ is typically used for higher cost tenders. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Develop strategies to mitigate these risks and build resilience within the supply chain.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Una

NOVEMBER 9, 2022

At this stage, it’s important to understand your budget constraints, the overall objectives of your business, and the priorities of individual departments. Clearly defining these needs will enable your team to make better and more informed buying decisions and drive cost efficiencies throughout your organization.

Procurement 98

Procurement supply chain budgeting Purchase orders Market analysis 98

Supply Chain Trend

JUNE 29, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Supply Chain Game Changer

AUGUST 20, 2020

Subscribe to Supply Chain Game Changer. Clearly, more companies need to go back to basics and ask what is reverse logistics’ role in the top trends of the supply chain? Every supply-chain executive has been faced with the daunting question, “ what is reverse logistics? Subscribe Here! Email Address.

Supply Chain Optimization 98

Supply Chain Optimization supply chain budgeting Logistics Supply Chain Efficiency 98

Una

FEBRUARY 12, 2024

In this playbook, we’ll seek to understand the factors fueling the rising costs of food procurement and examine the typical food procurement process businesses and other organizations may use. DOWNLOAD PLAYBOOK Why Do Food Costs Keep Rising? Hungry for more? Let’s dig in.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Procurement 52

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. This process emphasizes not just cost savings but also value creation, supplier performance, and risk management. Procurement plays a critical role in the operational efficiency and financial health of an organization.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. This process emphasizes not just cost savings but also value creation, supplier performance, and risk management. Procurement plays a critical role in the operational efficiency and financial health of an organization.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Una

JUNE 1, 2023

These types of jobs quickly become boring, draining your energy, engagement, and stifling innovation. As a procurement professional, you’ll need to think critically, adapt to market fluctuations, and navigate complex supply chains , honing your skills and expanding your knowledge base along the way.

Procurement 98

Procurement supply chain budgeting Sustainability Negotiation 98

Positive Purchasing

MARCH 18, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability within your supply base, then prioritizing where and how to focus your resources to make the greatest positive impact.

Sustainability 52

Sustainability supply chain budgeting Budget Supply 52

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 Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. What if procurement wasn’t just about cutting costs and securing deals?

supply chain budgeting 52

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

Una

APRIL 25, 2023

Pain Points in Procurement Series Why Professionals are Always Time-Poor in Procurement Stop struggling with being time-poor in procurement and pave the way for bigger projects, more strategic thinking, and better innovation. Pressure to reduce costs Procurement functions are often under pressure to reduce costs to increase profitability.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

ivalua

SEPTEMBER 28, 2020

After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. Is there a budget and contract (the purchase order is a contract) for these items?

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. It is true that you can only do cost reduction, innovation, and quality if supply is secure.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Una

APRIL 18, 2023

This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. Consolidating suppliers during a recession can provide immediate cost savings, but having all your eggs in one basket carries risk. Focus on cost-saving initiatives The challenge is to find ways to cut costs without sacrificing quality.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Arkestro

JANUARY 18, 2023

Reducing costs in the industry by even a fraction has a huge impact on profitability. But beyond impacting cost, factors like economic uncertainty, supply chain disruption, and changing consumer preferences are transforming procurement in the industry. This means procurement will need to be innovative.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Procurement Leaders

MARCH 6, 2023

Since the outbreak of Covid-19, the function has been called upon to ensure continuity of supply, source essential safety equipment, tackle the challenge of soaring prices and ensure that logistics routes continue to flow. But a number of CPOs are emphasising the importance of innovation to weathering the storm.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

The Future of Procurement Technology Supplier Relationship Management (SRM) Enhancement: Justification : Strengthening supplier relationships through SRM initiatives fosters collaboration, innovation, and mutual growth. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52