Procurement Templates

MARCH 3, 2024

Identify opportunities for consolidating supplier relationships, negotiating better terms, or diversifying the supplier base to mitigate risks. This may involve setting category-specific goals, implementing sourcing strategies, negotiating contracts, and establishing performance metrics.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Software

APRIL 2, 2024

Supplier Relationship Management (SRM) Full stack SRM software offering - depending on the tool - modules such as supplier onboarding, due diligence, supplier audit, supplier performance, internal stakeholder surveys, quality management, fraud checks, sustainability reporting.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Understand the organization’s needs—whether it’s increased sales, managing cash flow, shorter time-frames, improved forecasting, quality management or sustainability—and how they align with the overall business strategy and long-term plan.

Procurement strategies 66

Procurement strategies Strategy Procurement Supply Chain Efficiency 66

IBM Supply Chain Blog

APRIL 4, 2024

Benefits: Automated claim processing Reduced processing times Enhanced visibility Compliance and risk management By automating routine tasks and implementing predefined rules, BPM enables timely compliance with regulatory requirements and internal policies. This ensures consistency and reduces inefficiency.

Real-time Visibility 55

Real-time Visibility Management e2e Supply Chain Efficiency 55

Empowering CPO

JUNE 27, 2023

It allows organizations to understand their spending behavior, identify opportunities for consolidation and standardization, and ensure compliance with contract terms and negotiated pricing. This enables them to strengthen supplier relationships, negotiate improved terms, and effectively manage supplier risks.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Procurement Software

JULY 4, 2023

One of the best use case studies for ML in procurement is through it being able to autonomously source and negotiate simple, straightforward “three-bids-and-a-buy” type of purchases for non-strategic, non-complex tail spend items. Security of supply Risk management – covering a broad range of potential use cases.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 14, 2018

Supply Chain employees must have a working knowledge of any one or all of Planning, Procurement, Category/Commodity Management, Supplier Relationships, Logistics, Sourcing, Quality Management, Warehousing, Inventory Management or anything else Supply Chain related.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply chain Supply Leadership 73