World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. 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

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. I/T was going to be at the epicentre of the strategic and operational leadership of the company. Supply Chain Innovation from I/T.

supply chain software solutions 100

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

Let's Talk Supply Chain

DECEMBER 4, 2023

  Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. These experiences provided Cris with a unique perspective on operational efficiency and strategic planning in international business settings.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility supply chain budgeting Supply Chain Efficiency 52

IBM Supply Chain Blog

APRIL 11, 2023

Since issuing its first environmental policy over 50 years ago, IBM has been committed to environmental leadership with both concrete goals and demonstrable results. Over time, innovation across IBM has enabled us to use evermore sophisticated solutions to help address the most complex sustainability challenges.

Leadership 65

Leadership Sustainability Supply Chain Efficiency supply chain software solutions 65

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency 52

ivalua

OCTOBER 24, 2021

The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With global trade volumes expected to grow by 4.7%

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 130

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

ivalua

OCTOBER 24, 2021

The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With global trade volumes expected to grow by 4.7%

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement.

Supply Chain Efficiency 63

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 63

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. The latter is of particular importance since second sourcing can often be very expensive in this sector. If they do have a solution, they are using systems built for indirect spend. Time is Money. Settle no more!

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supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000.

Procurement solutions 91

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 91

SCMDOJO

OCTOBER 27, 2023

Delivery and Lead Time Negotiation: Negotiating the timeframes for delivery and lead times to ensure timely supply without disruptions. These risks may include supply chain disruptions and quality issues. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary.

Supplier negotiation 89

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 89

ivalua

MARCH 17, 2021

To reduce inefficiencies and fraud, grant activities are governed by several regulations including these two relatively recently enacted laws: The Digital Accountability and Transparency Act of 2014 (DATA Act) – This law expands on federal awards reporting reforms that began with the Federal Funding Accountability and Transparency Act of 2006.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Supply Chain Game Changer

FEBRUARY 12, 2019

Imagining the Supply Chain of the Future! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Arkestro

JANUARY 23, 2024

Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 98

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 98

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools.

e2e 80

e2e Procurement supply chain software solutions Contract 80

Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. We invested almost $100 million in fully digitizing our end-to-end operations and building software.” Today I’m joined by MFG. COVID really re-set the playing field.

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supply chain software solutions e2e Buyers supply chain budgeting 52

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality?

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

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

SCMDOJO

JUNE 14, 2023

This article delves into the development of a robust and scalable Orchestration Solution specifically designed for 3PL integration. We will explore the different components of this solution and how they seamlessly work together to provide businesses with a streamlined and efficient experience.

Supply Chain Efficiency 78

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 78

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 52

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

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Cost of ownership 79

Cost of ownership Procurement Category management supply chain software solutions 79

Let's Talk Supply Chain

DECEMBER 20, 2022

As supply chain disruption has maintained a maddening crescendo over the past few years, empowering women in the maritime industry is coming clearly into focus as the need for more strategic leadership grows. Nearly 80% of worldwide ports are experiencing notably longer turnaround times.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Leadership 52

Supply Chain Action Blog

AUGUST 26, 2018

There is a lot of buzz about the “autonomous” supply chain these days. But, before we turn out the lights and lock the door to a fully automated, self-aware, supply chain “Ava Ex Machina” , let’s take a moment and put this idea into some perspective. The Driverless Car Analogy. From CBC News [link].

Retail Supply Chain 40

Retail Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 15, 2018

Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Source: Deloitte’s CPO Survey 2018. A New Kind of Transparency. Source and purchase goods and services from anywhere?—?around Source: Deloitte.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 53

ivalua

MAY 21, 2020

If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. It’s changed dramatically.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services.

Supply Chain Efficiency 101

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 101

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Check if the survey results confirm or contradict other sources of information. Leverage technology. Don’t rely on clunky email-based surveys.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Supply Chain Action Blog

AUGUST 26, 2018

There is a lot of buzz about the “autonomous” supply chain these days. I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain. The work of managing the value network has always been to make the best plan, monitor issues, and respond effectively and efficiently.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 40

Procurement Software

APRIL 18, 2023

Increase negotiation efficiency eAuctions are time efficient – usually 20% to 40% faster than conventional negotiation methods. Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. eAuctions are a great way to remain agile and cost-efficient.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52