Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Budgeting should be part of regular financial planning.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

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. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 87

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 87

Let's Talk Supply Chain

AUGUST 14, 2023

  Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supply chain. Throughout my career, I have successfully led GTM strategies, built strong brands, and managed high-growth teams. The customer is demanding much more, they want everything fast!…

supply chain software solutions 98

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

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million in 2015.

Supply Chain Visibility 52

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

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

NLPA (Next Level Purchasing Association)

OCTOBER 17, 2022

Continuous Improvement and Risk Management Systems have long been essential to realizing supply chain and organizational success. This is especially true at a time when organizations are preoccupied with ensuring reliable supply lines, cost reduction, risk mitigation, business continuity, and so on. .

supply chain budgeting 52

supply chain budgeting Risk Agile and Lean Supply Chain Risk management 52

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. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.

Supply Chain Optimization 52

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

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Procurement Risk Management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 52

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

The Procuretech Podcast

MARCH 12, 2024

How to get a budget for procurement tech This episode delves into the evolving procurement technology market, highlighting a trend towards niche solutions tailored to specific industries and geographies, driven by the unique procurement needs across sectors and regions. 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

Barkers Procurement

FEBRUARY 27, 2023

Find out how we can support your AMP8 ambitions Book a meeting Asset Management Period 8 (AMP8) commences on 1 April 2025 affecting all English and Welsh Water companies. All of this has put inflationary pressures on the economy overall, driving costs up. So what should water companies do to mitigate against this challenge?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Risk Supply chain 52

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? 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

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

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

Spend Matters

JANUARY 10, 2024

Risk management will evolve with emerging risks Businesses are bracing for another challenging year ahead as an influx of threats hits the enterprise. Geopolitical instability is at a high and impacting supply chains. Generative AI risks and governance concerns are rising. Economic uncertainty still looms.

Procurement solutions 63

Procurement solutions Risk management supply chain budgeting Procurement 63

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers. A proactive approach to risk management can safeguard against unexpected challenges.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers. A proactive approach to risk management can safeguard against unexpected challenges.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

FourKites

DECEMBER 23, 2020

Calculating the productivity and efficiency of any operation is, at its most basic, determining the ratio of cost inputs to revenue generated. Supply chain productivity is no different. Cost control measures in supply chain efficiency should address three major areas: labor, inventory and transportation.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Procurement Heads

FEBRUARY 9, 2023

Today, procurement professionals play a key role in managing supplier relationships, reducing costs, and ensuring the quality of goods and services. Increased focus on risk management Procurement professionals are also responsible for managing risk in the supply chain.

Procurement 130

Procurement Strategic sourcing Strategic sourcing supply chain budgeting 130

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. If all the procurement managers are operating within the same set of rules why are there different shades of grey when responses are dished out?

Influencing 130

Influencing Negotiation Risk Innovation 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

NLPA (Next Level Purchasing Association)

NOVEMBER 16, 2022

Disruption Management has become a major discipline in today’s Supply Management doctrine. The abatement of supply risks is at the heart of such doctrines and strategies. NLPA designed the Supply Risk Ecosystem Framework to conceptualize supply landscapes regarding supply risks.

supply chain budgeting 52

supply chain budgeting Supply Risk management Risk 52

Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. As a result, the industry’s efficiency is falling while operational costs rise. trillion.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Procurement Templates

MARCH 3, 2024

Risk Assessment : Identifying potential risks associated with procurement activities is essential for effective planning and mitigation. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. Part of the solution lies in digitalization.

supply chain budgeting 77

supply chain budgeting Budget Agile and Lean Supply Chain Risk 77

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. In addition, CPOs and procurement managers should discover new strategies to satisfy their objectives in order to obtain greater outcomes without having to spend more money. . Risk management and compliance : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Empowering CPO

JULY 17, 2023

But what happens when businesses lack the resources, expertise, or time to manage procurement effectively? This is where managed procurement services come into play. Managed procurement services , a game-changer in the industry, provide a comprehensive solution for businesses that need to improve their procurement operations.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52