Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Buyers 52

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

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

Positive Purchasing

DECEMBER 6, 2022

When managed effectively, the supply base travels far beyond fulfilment to establish security of supply, unlock new value, develop innovation and competitive advantage and deliver sustainability. With such opportunities at stake, how we regard and manage our supply base has never been more important.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. We need cost efficiency internally and cost-effectiveness with our suppliers externally.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

The Good Spending

JANUARY 4, 2023

Indeed, we understand that leverage item attract negotiations, while non-critical ones are about sourcing process efficiency, buying channels, etc. Category strategy will elaborate on logistical and supply management aspects, i.e., inventory planning and supply chain configuration.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. Procurement and Supply Chain: What’s the Difference? Where does procurement end and supply chain management start?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. Therefore, Procurement teams must identify innovative ways to bring value to the firm in order to accomplish corporate goals. However, talent management and innovation are expected to be the long term investments. .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Barkers Procurement

MAY 16, 2023

IPSERA is the International Purchasing and Supply Education and Research Association that brings over 300 academics from across the world to discuss the latest knowledge and insights on procurement and supply chain thinking. On the one hand, shifting to a circular model requires rethinking how we source and manage resources.

Procurement 52

Procurement Supply Chain Efficiency Collaboration Sustainability 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. But there is a profoundly significant Procurement value chain. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain. This begins with the CPO (or your head of Supply Chain or Procurement). Subscribe Here! Email Address.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. The reasons for that always varied from an overly complex solution implemented by some schools to the inability to sit through the lengthy Zoom sessions with all their flaws and innovations. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address.

supply chain software solutions 84

supply chain software solutions Supply Chain Efficiency Supply chain Data 84

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Failure to conduct benchmarking can lead to missed cost savings, efficiency improvements, and process optimization opportunities.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 13, 2018

But to do so, they must also reshape their supplier relationships, aligning their supply chain with a more progressive strategy and securing a competitive advantage. This demands full alignment with the corporate strategy, and integration internally with stakeholders and externally with the supply base.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. In some cases — yes, organizations are changing their attitudes and becoming incredibly innovative in their restructuring of traditional business practices. Simply put, we can’t expect outdated business practices to achieve innovative results. Subscribe Here! Email Address.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain. Strategic Procurement is focussed on how to drive innovation and unique capabilities to meet end Customer and stakeholder needs and requirements. Subscribe Here! Email Address.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Supply Chain Game Changer

NOVEMBER 14, 2018

Supplier relationship management is a process for developing and managing collaborative relationships with suppliers at all levels to achieve the required business objectives and overall supply chain strategy. Higher-level management from both sides of the relationship should attend. Pulling It All Together .

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

SPLC’s highest honor was presented to Bon Appétit Management Company for having put in place a comprehensive sustainable purchasing program that exemplifies the qualities defined in SPLC’s Principles for Leadership in Sustainable Purchasing. Actively promoting internal and external innovation that advances a positive future.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40