Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management.

Purchasing 52

Purchasing Risk Management Procurement 52

Procurement Templates

APRIL 10, 2022

These meetings should be part of the contract management process, and while it may seem obvious what to do, it’s important to consider what you’re trying to achieve with these reviews. These are key topics that you should be discussing at your weekly or monthly purchasing team meetings. any initial supply chain.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

ProcurePort

AUGUST 15, 2022

• Vendor management is the sum of all activities a company undertakes to maximize the value of the relationship they have with its vendors. This includes but is not limited to listing probable vendors, comparing prices, quality checks, cost control, and risk management. The post What is Vendor Management?

Vendor management 130

Vendor management Management Risk management Quality 130

Una

JANUARY 4, 2023

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization. By Mackenzie Oakley | January 5, 2023.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

ProcurePort

DECEMBER 26, 2019

Employing best practices in purchase requisitions will enable your business to streamline order and stock management, improve vendor-buyer relationship, operate more cheaply, prevent fraud and improve the speed at which your firm operates.

Purchasing 130

Purchasing Quantity Buyers Quality 130

Una

APRIL 9, 2024

How to (Actually) Transform Your Business with Group Purchasing Learn how to transform your business with group purchasing and add an average of 18-22% savings per category to your bottom line. I’m known to buy things on sale and shop around for the best price when making a larger purchase. I also like a good deal.

Purchasing 52

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

SCMDOJO

MARCH 6, 2022

Blanket Purchase Order Definition. A blanket purchase order is a simple way for many buying and finance directors to streamline the procurement process and enhance operational efficiency. Simply said, blanket purchase orders allow procurement managers to take advantage of preset costs while also reducing responsibilities.

Purchase orders 138

Purchase orders Purchasing Quantity Contract 138

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. In this article, we will discuss what a strategic sourcing manager is. Additionally, we will tell you the skills needed to be a strategic sourcing manager. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Online Certification Program. ?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Positive Purchasing

JULY 10, 2023

Leading procurement and negotiation digital platform and training provider, Positive Purchasing, has attained accreditation for both ISO9001 and ISO27001. Jonathan’s other titles are: Category Management in Purchasing, Supplier Relationship Management, Negotiation for Procurement and Supply Chain Professionals and The Buyer’s Toolkit.

Purchasing 52

Purchasing Supplier relationship management Negotiation Category management 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

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

Procurement Leaders

JANUARY 16, 2023

So, how we manage risk is what keeps me up at night… We try to be robust as a procurement organisation because, as a commodities company, risk is a part of our everyday life: we can have a crop failure, we can have a delivery failure, we can have a quality failure, so how do we handle that?” ” Stroup says.

Risk 246

Risk Management Risk management Strategic planning 246

Positive Purchasing

JUNE 5, 2023

Leading procurement and negotiation digital platform and training provider, Positive Purchasing, has attained accreditation for both ISO9001 and ISO27001. About Positive Purchasing Headquartered in Plymouth, UK and celebrating its 20th year, Positive Purchasing is part of Positive Group, alongside their sister company, Red Sheet® Negotiation.

Purchasing 52

Purchasing Supplier relationship management Negotiation Category management 52

Supply Chain Game Changer

SEPTEMBER 18, 2022

If you are looking for a liquidation store that has good quality pallets, you can try to contact them to see if they would be willing to sell you a few liquidation pallets. This is important because you want to make sure that you are buying a quality product. Quality of Pallets. Find a reputable seller. Know what a pallet is.

Quality 90

Quality Supply chain Import Supply 90

SCMDOJO

JUNE 3, 2022

Gather the accountants, leaders, department heads, store managers, and ask them which document plays the most significant role in the company. And that’s no other than a purchase order. It’s hard to ignore how important Purchase Orders (POs) are to growing retail businesses. What Is a Purchase Order? Purchase order date.

Purchase orders 105

Purchase orders Purchasing Quantity Buyers 105

IBM Supply Chain Blog

NOVEMBER 29, 2023

Sharing and monetizing a high-quality, privacy-protected synthetic replica with internal stakeholders or external business partners. Although adding noise slightly reduces output accuracy (this is the “cost” of differential privacy), it does not compromise utility or data quality compared to traditional data masking techniques.

Quality 80

Quality Data Risk Networking 80

Arkestro

FEBRUARY 15, 2023

Automotive purchasing has been a hot topic in recent years. Luckily, Artificial Intelligence (AI) solutions can help make automotive purchasing more reliable, by: Streamlining purchase orders Decreasing the oversight and time spent in workflows to manually review and verify mundane details in purchase orders and verify their accuracy.

Purchasing 52

Purchasing Purchase orders supply chain software solutions supply chain budgeting 52

Finale Inventory

FEBRUARY 19, 2024

This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. Efficiently managing returns is not just about logistics; it’s about retaining customers and differentiating your brand from the competition.”

Inventory 105

Inventory Real-time Visibility Management Quality 105

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. However, the Director’s perspective will likely be more strategic, while the Manager’s perspective may be more operational.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

Managed DNS is where a third-party hosts and optimizes your DNS resolution architecture to provide the fastest, most secure, most reliable experience. Perhaps the easiest way to explain it is by looking at the opposite scenario: what if you don’t have a managed DNS service in place?

Management 93

Management Networking Data Quality 93

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. What is purchasing? This often includes how a procurement manager goes about ordering and paying for something. Before we begin.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Una

DECEMBER 20, 2022

How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Coding systems.

Management 98

Management Buyers Procurement team Contract 98

Finale Inventory

JUNE 13, 2024

In the fast-paced world of ecommerce, inventory management plays a crucial role in the success of ecommerce sellers. Efficiently managing your inventory can save you time, money, and the headache of stockouts or overstocks. Efficient inventory management is vital for several reasons.

Inventory 52

Inventory Supply Chain Efficiency Management Real-time Visibility 52

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. How do you define an SME? The platform consists of four modules.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 98

Management Procurement Contract management Supply Chain Optimization 98

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. The bad news is that almost 30% of online purchases are returned. Therefore, to mark a success in the eCommerce or online business, it is vital to have a robust return management system.

Supply Chain Efficiency 89

Supply Chain Efficiency Management Supply Chain Optimization Logistics 89

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Contract management 95

Contract management Contract Import Management 95

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 72

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. How is it possible?

Suppliers 56

Suppliers Management Quality Import 56

Una

JANUARY 9, 2023

Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. However, if properly managed, tail spending can significantly reduce costs by as much as 10 percent or more of a company’s indirect expenses. .

Management 97

Management Spend management Purchasing Procurement team 97

Procurement Insights

MAY 26, 2024

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Demand Planning 89

Una

AUGUST 24, 2022

Episode 79: User-Centric MRO Spend Management with Mike Franz. Do you have questions about group purchasing? Wondering how a group purchasing organization can help you save money, time, and effort? The post Episode 79: User-Centric MRO Spend Management with Mike Franz appeared first on Una. Mike Franz on LinkedIn.

Spend management 98

Spend management Management Buyers Purchasing 98

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Procurement Tactics

SEPTEMBER 8, 2022

Some referred to it as MRO purchasing which pertains to maintenance, repair, and operations due to its significance to keep the business running. . You may think that this is the same as tactical purchasing. However, it is not true due to the fact that tactical purchasing is focused on short-term transactional activity.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Spend Matters

MAY 8, 2023

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. Forecast collaboration on forecasts and demand plans to anticipate shortages or bottlenecks and automate exception management.

Spend management 72

Spend management Management Real-time Visibility Collaboration 72

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246