Procurement Tactics

APRIL 17, 2023

In this article, we will discuss what sustainability means in procurement. We will tell you about sustainable suppliers and how to select one. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Suppliers play an essential role in sustainability.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

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. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

APRIL 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it?

Sustainability 177

Sustainability Suppliers Chief Procurement Officer Supply Chain Efficiency 177

Procurement Tactics

AUGUST 16, 2022

Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built. For this article, we will discuss what supplier management is.

Suppliers 130

Suppliers Supply Chain Efficiency Management Supplier relationship management 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Una

JULY 19, 2022

3 Reasons to Develop a Comprehensive Procurement Strategy. Because of this, it isn’t necessarily wise to approach procurement with a one-size-fits-all mentality. Benefits of building a comprehensive procurement strategy. Elements of a comprehensive procurement strategy.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

Spend Matters

MARCH 17, 2023

Indeed, procurement should no longer just look at its “part-time” job in risk management from the vantage point of only “supply risk," i.e., physical or labor supply risk. The other two key factors that procurement MUST manage from a risk perspective with its suppliers include the financial supply chain (i.e.,

Suppliers 75

Suppliers Management Procurement Risk management 75

Procurement Tactics

MARCH 16, 2023

So without further ado, let us now delve into strategic procurement. What is Strategic Procurement? Strategic procurement is a crucial aspect for businesses across the globe as every organization wants to create an effective procurement strategy to ensure success and maximize value contribution.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

APRIL 8, 2021

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Now is the time to digitalize procurement and use it as a growth driver.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

APRIL 9, 2021

8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Now is the time to digitalise procurement and use it as a growth driver.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

JANUARY 2, 2023

Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is. So without further ado, let us now delve into supplier integration. .

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Tactics

OCTOBER 17, 2022

Supplier Onboarding — The Ultimate Guide . Supplier onboarding in a company can start slowly as its complexity requires the collection of information carefully. In this article, we will discuss what supplier onboarding is. Once you are done reading this article, you will have an in-depth knowledge of supplier onboarding.

Suppliers 175

Suppliers Negotiation Procurement Strategy 175

NLPA (Next Level Purchasing Association)

AUGUST 23, 2022

Annual strategy reviews are critical to strategic, tactical, and operational management. A Procurement strategy is a game plan or action plan by which a Procurement Function Mandate is implemented. Your organization has a Procurement Strategy, right? Table 1, Supply Chain Strategy data.

Procurement strategies 52

Procurement strategies Strategy Procurement Supply Chain Efficiency 52

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. Their versatility is an advantage in heavy work.

Price 211

Price Suppliers Negotiation Purchasing 211

World of Procurement blog

APRIL 23, 2024

In the complex structure of modern businesses, the role of a procurement manager is pivotal for efficient operations and cost management. Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

In the complex structure of modern businesses, the role of a procurement manager is pivotal for efficient operations and cost management. Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

Spend Matters

AUGUST 25, 2022

Over the coming weeks, our risk series will cover vendors within the following risk categories: Financial Risk & Supplier Risk. Supplier Management Non-Suites. Supplier Management Suites. Contract Risk Management. Fraud Prevention & Services Procurement Risk. Supply Chain Risk.

Risk 76

Risk Suppliers Management Procurement 76

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. However, not many people know their real role in procurement. . In this article, we will discuss what a strategic sourcing manager is.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. You would like to work effectively together, but where do you even get started?

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Spend Matters

APRIL 11, 2023

Categories: Procurement Strategy & Planning , Supply Chain , Supply Risk Tags: Sponsored Posts Since the early days of Covid and the immediate blow to global supply chains, the frequency and impact of supply chain disruptions has only increased. So, what are the top supplier risks Procurement must look out for?

Risk 73

Risk Agile and Lean Supply Chain Suppliers Procurement 73

HICX

JANUARY 27, 2023

Supplier Lifecycle Management (SLM) allows organizations and their suppliers to develop and cultivate more productive and mutually beneficial business relationships. What is Supplier Lifecycle Management? What is the purpose of Supplier Lifecycle Management?

Suppliers 52

Suppliers Management supply chain software solutions Supply Chain Efficiency 52

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 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.

Price 177

Price Suppliers Negotiation Quality 177

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Procurify

MAY 24, 2022

You are staring at Excel sheets trying to make sense of the numbers before the important meeting with your largest supplier that starts in a few minutes. . If it sounds familiar, you’d agree that manual procurement is very tedious and time-consuming. This explains why more organizations are adopting an e-procurement strategy.

Procurement strategies 52

Procurement strategies Strategy Procurement Cost of ownership 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

HICX

OCTOBER 21, 2022

In a series of interviews which took place during World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought-leaders and experts from the Procurement and Supply Chain industries about their opinions on Supplier Experience Management (SXM) and the future of Procurement.

Suppliers 52

Suppliers Management Supply chain resilience Procurement strategies 52

HICX

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. As the name suggests, SXM is about managing the experience that suppliers have in working with buying organizations. What is a supplier-first mindset?

Suppliers 52

Suppliers Management Procurement Strategic sourcing 52

Una

APRIL 13, 2023

Pain Points in Procurement Series Moving Supplier Relationships from Transactional to Strategic Tips for shifting your supplier relationships from transactional to strategic in an effort produce more cost-saving ideas and value. By Hugo Britt | April 13, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Suppliers 98

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

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. While these two may seem similar, they serve different purposes and are used at various stages of the procurement process.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Spend Matters

JANUARY 17, 2023

Categories: CSR , Diversity , Procurement Strategy & Planning , Supplier Information Management , Supplier Risk and Compliance Management Tags: sponsored post Diversity, equity and inclusion (DE&I) initiatives have been a major focus for businesses in recent years. race, gender or disability).

Suppliers 64

Suppliers Procurement strategies Risk Strategy 64

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Barkers Procurement

MARCH 14, 2023

As well as benefiting from the digital tools the consultant has at their disposal (and which they may place at yours too), the consultancy can lend a major boost to your procurement strategy. From there, your team, business or department can make decisions and work with your consultants to devise a solid procurement strategy.

Procurement strategies 59

Procurement strategies Strategy Procurement Suppliers 59

Procurement Tactics

OCTOBER 6, 2022

RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company? . RFP in Project Management.

Project management 180

Project management Management Bidding Buyers 180

Procurement Tactics

AUGUST 24, 2022

Supplier Networks — The Ultimate Guide of 2022. Supplier networks are important in the procurement industry to find your preferred supplier. In this article, we will discuss what supplier networks are. After this article, you will have an insight into what supplier networks are. Download Free PDF.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130