Una

FEBRUARY 13, 2023

What to Do When Supply Chains Break Your Heart Six helpful tips for what to do – and what NOT to do – when supply chains and supplier partners end up breaking your heart. By Anthony Clervi | February 14, 2023 Search We all know that supply chains can be fragile entities.

Supply chain 98

Supply chain Supply Contract Suppliers 98

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Tobias Bohnhoff, Founder of Shipzero is my first guest.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Procurement Leaders

APRIL 15, 2024

The concept of supply chain redesign has been the subject of several CPO discussions over the past couple of years, increasingly since Covid and even more so since Russia’s invasion of Ukraine. In short, there are too many forces in play to prevent the need for a fundamental rethink of global supply-chains. Many reasons.

Supply 130

Supply Sustainability Supply chain Demand 130

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

Risk 52

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

Procurement Tactics

NOVEMBER 23, 2022

Or receive our famous weekly newsletter. It includes easy access to capital and markets, increased profits, improved brand image, gaining more customers, and better decision-making and risk management processes. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022.

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

Una

APRIL 18, 2023

Mark is an experienced procurement leader with a broad area of focus including sourcing, supply management, contracts management, supplier relationship management, risk management, and inventory management.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Leaders

FEBRUARY 6, 2024

So it was that we hosted a reactive CPO Connect call last week to explore the Middle East crisis, the potential impact of Taiwan and other global risks, as well as how CPOs and their teams are responding.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Una

JUNE 21, 2023

Sanja is the Head of Enterprise Procurement, Outsourcing & Third-Party Risk Management for Home Capital Group. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Sanja Cancar-Todorovic.

Risk management 52

Risk management Supply chain Sourcing Procurement 52

The Procuretech Podcast

MAY 24, 2022

This week we're talking about supply chains. More specifically, where does the line lie between procurement and supply chain? Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? He says yes, definitely.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

The Procuretech Podcast

MARCH 12, 2024

Moreover, the podcast outlines various factors justifying ProcureTech investment, including cost savings through streamlined processes, risk management in complex supply chains, enhanced supplier relationship management, and the promotion of sustainability initiatives. 00:23:15] Supply chain disruption and risk. [00:27:30-00:27:40]

supply chain budgeting 40

supply chain budgeting Budget supply chain software solutions Procurement 40

Una

MARCH 30, 2023

That being said, here are some areas for procurement to consider focusing upon beyond cost reduction: Supplier relationship management (SRM) Procurement can focus on building strong relationships with suppliers to improve communication, collaboration, and transparency.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Una

JULY 3, 2023

The hard-won skills that you’ve developed over the course of your procurement or supply management career will always be relevant, no matter how high you climb. Supplier relationship management The job of building and nurturing strong relationships with suppliers never stops, even at the most senior levels of the procurement team.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Una

APRIL 13, 2023

Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers. These vendors are now a part of your Supplier Relationship Management program. What does Supplier Relationship Management (SRM) involve?

Suppliers 98

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

Una

NOVEMBER 29, 2023

Utilizing a GPO to manage some of the more time-consuming activities can help save you more money, time, and effort. Supplier relationship management Dedicate time to nurturing and strengthening relationships with your key suppliers. Day-to-day procurement tasks can bog you down.

Supply Chain Efficiency 52

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

Planergy

SEPTEMBER 8, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. What Is Supplier Performance Management? Why Is Supplier Performance Management Important?

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

The Procuretech Podcast

MARCH 1, 2022

Kicking off this week with the first of a number of interviews we'll be doing over the next couple of months with contract management platforms. My guest today is Elena Mechik of Berlin-based startup Inhubber, which offers a blockchain-based solution for contract management and tracking. Connect with James on LinkedIn.

Contract management 40

Contract management Contract Management supply chain software solutions 40

Una

APRIL 25, 2023

While it’s easy to dismiss busy workloads as just part of the job, the consequences of not being able to manage one’s time are very real. Poor time management – or lack of time altogether – can lead to missed deadlines, reduced quality of work, and overworked employees who become disengaged or suffer from burnout.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. Procurement was expected to generate one-third of the expected business value; transforming procurement and supply chain was key.

Procurement strategies 92

Procurement strategies Innovation Strategy Procurement 92

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor analysis is crucial for risk management. Management: Meet with the vendor’s management team. What's Planergy? What is Vendor Analysis?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you have a small business or a large corporation, the basic steps and best practices for managing budgets are the same. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Una

AUGUST 31, 2023

Supplier diversity Maintaining a diverse supplier base is important in terms of risk mitigation and ESG. Small businesses may struggle to find and engage with diverse suppliers, potentially missing out on valuable opportunities and risking reputational damage. Learn more about how to manage risk using a GPO here.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Una

JULY 18, 2023

Familiarity with procurement software platforms , e-procurement systems, and vendor management systems is a must. Embrace tools that offer workflow automation, electronic signatures, and centralized document management systems to reduce manual effort and increase productivity.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

FEBRUARY 22, 2023

These cost savings strategies take longer (years, in some cases), but will ultimately pay off with ongoing value: Digitization of procurement Supplier Relationship Management ( SRM ) Improved visibility and transparency Shifting to a centralized, decentralized, or hybrid model, based on organizational requirements Establish a Just-in-Time supply chain (..)

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

The Procuretech Podcast

JUNE 28, 2022

I ask Wolfgang about common mistakes in how organisations manage their procurement teams internally. He says that, interestingly enough, many of the biggest companies make the biggest mistakes - 50, 60, perhaps even 70 percent of a company’s overall budget is managed through suppliers by procurement. Oftentimes it goes even higher.

Sourcing 52

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

Una

JULY 13, 2023

In addition to procurement practitioners and supply chain professionals, The Sourcing Hero now features guests from a variety of industries and career paths, each with a narrative that is relatable and relevant. Josh Palacios, Senior Sourcing Manager, Ro Listen to the full episode here.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Una

JUNE 6, 2023

One such experimenter is Joshua Palacios, Senior Sourcing Manager at Ro. Josh communicated to ChatGPT: “You are Category Manager GPT – an AI tool that generates effective category strategies for complex businesses. Josh joined Kelly Barner for a fascinating discussion about ChatGPT in episode 113 of Una’s Sourcing Hero podcast. “I

Procurement 52

Procurement Negotiation Suppliers Strategy 52

Una

JUNE 6, 2023

One such experimenter is Joshua Palacios, Senior Sourcing Manager at Ro. Josh communicated to ChatGPT: “You are Category Manager GPT – an AI tool that generates effective category strategies for complex businesses. Josh joined Kelly Barner for a fascinating discussion about ChatGPT in episode 113 of Una’s Sourcing Hero podcast. “I

Procurement 52

Procurement Negotiation Suppliers Strategy 52

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 96

Purchasing Risk Management Procurement 96

Procurement Tactics

OCTOBER 18, 2022

?. Or receive our famous weekly newsletter. 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. Supplier Relationship Management Explained.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

The Procuretech Podcast

APRIL 26, 2022

Their sourcing module goes right through to offer auctions, as well as basic contract management functionality. There are also additional applications covering supplier and risk management, as well as the catalogues and e-procurement functionality associated with the traditional full stack P2P offerings. Stay in touch!

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

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