Procurement Tactics

NOVEMBER 3, 2022

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Almost 70% of companies that experienced fraud said that the most disruptive incident came from outside or through collusion between internal and external sources. . 33 Procurement Interview Questions in 2022. First Name. First Name. LEARN MORE.

Procurement 179

Procurement Risk Networking Influencing 179

Procurement Tactics

JANUARY 12, 2023

Or receive our famous weekly newsletter. We will tell you the main source of power in negotiation and tips to become an effective negotiator in your profession and everyday life. . The following are the sources of power in negotiation: 1. The strength of your BATNA is the most important source of power in negotiation.

Negotiation 189

Negotiation Sourcing Import Strategy 189

The Procuretech Podcast

APRIL 26, 2022

Sometimes, an end-to-end source-to-pay (S2P) solution that joins up the dots, and automates a lot of otherwise manual processes, can give a huge productivity advantage. Providing a solid solution for source-to-pay in the mid market - Onventis has survived and thrived. Sign up for the Procurement Software Newsletter.

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

Procurement Tactics

OCTOBER 27, 2022

Or receive our famous weekly newsletter. Access to transport networks, enhanced systems for processing returns, and physical location are now on the list of every online store to support their international expansion. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022. First Name. First Name.

Logistics 193

Logistics Supply Chain Efficiency Raw materials Demand 193

Procurement Tactics

DECEMBER 7, 2022

Or receive our famous weekly newsletter. The buyer can also source capital from banks or other financial providers at a lower cost or interest. . Or receive our famous weekly newsletter. The first component is improving network technology. 33 Procurement Interview Questions in 2022. Download Whitepaper →. .

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

The Procuretech Podcast

MAY 23, 2023

Sarah ended up working as an intern for a local company in California that did sourcing and procurement in marketing. This ultimately led to Sarah joining Source Day as the Chief Marketing Officer, where she has been for the past year and eight months. Her introduction to SourceDay's CEO and co-founder came through her network.

supply chain software solutions 40

supply chain software solutions Supply chain Procurement Networking 40

Una

JANUARY 17, 2024

The Basics of Group Purchasing Learn how Una can help turn your sourcing function into a hub for value creation for business leaders and procurement professionals alike. Una, with its extensive network, opens the door to a new level of procurement where the heavy lifting of negotiation has already been done for you.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Procurement Tactics

AUGUST 30, 2022

Or receive our famous weekly newsletter. Since electronic procurement is an online business platform, it utilized networked systems and web interfaces for supply chain processes and operations. Other key aspects of e-procurement are e-sourcing, e-tendering, e-auctioning, e-ordering, and data analytics. . E-sourcing.

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Una

NOVEMBER 2, 2023

It’s difficult to pinpoint the nature of their concern; perhaps they believe outsourcing some parts of the procurement process is cheating, or maybe they worry that a GPO will alter their sourcing strategy. Instead, a GPO complements your skills and expertise by providing access to a network of suppliers and negotiated discounts.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

SCMDOJO

MARCH 28, 2023

Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. They collaborated to trace a bundle of sliced mangoes back to its source, with traditional paper documents taking nearly seven days to complete the task.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 107

Procurement Leaders

JUNE 9, 2022

T-Mobile’s supplier diversity team works across all three of the company’s category teams (Network Infrastructure, Technology and Enterprise Procurement, and Supply Chain) to deliver its initiatives. Buyer incentive programme to encourage sourcing staff to work with diverse suppliers. The buyer incentive scheme.

Supply chain 130

Supply chain Supply Procurement team Suppliers 130

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Una

APRIL 15, 2024

Organizations like Credit Risk Monitor compile data from various sources, including financial statements, credit ratings, and industry reports, to provide a comprehensive assessment of a supplier’s financial health. If the supplier is losing market share or facing increased competition, it could be a sign of financial vulnerability.

Suppliers 52

Suppliers supply chain budgeting Quality Risk 52

Una

NOVEMBER 29, 2023

Strategic sourcing Invest in strategic sourcing by thoroughly analyzing your organization’s procurement needs and identifying opportunities for cost savings, quality improvements, and risk mitigation. Evaluate suppliers’ sustainability practices and ensure compliance with ethical and environmental standards.

Supply Chain Efficiency 52

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

Spend Matters

DECEMBER 19, 2023

Regional SIGnature Events Throughout the year, Spend Matters had the pleasure of attending regional SIGnature events with SIG (Sourcing Industry Group). Spend Connect’s themes were generally focused on driving more value into SAP’s app stack and business network(s) individually.

Procurement 79

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

Una

AUGUST 23, 2023

In many organizations, the reality is that Sourcing Heroes are perennially unsung. LinkedIn Love it or hate it, LinkedIn is the primary platform for professional networking and B2B interactions. Have you checked out The Sourcing Hero ? Be a networker Networking not only opens doors but also elevates the entire profession.

Procurement 52

Procurement Influencing Networking Sourcing 52

Procurement Tactics

MAY 12, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Scotland Import and Export Statistics Scotland’s imports and exports rely heavily on its vast economic strength however, after Brexit, the country feels its reconstructed trade agreement.

Export 192

Export Import Sustainability Negotiation 192

Una

OCTOBER 26, 2023

From being seen as a compliance-related cost-center, ESG is now understood as a source of potential value generation. Cultivate relationships within your professional network to enhance your stakeholder engagement abilities. In addition, the conversation is shifting around the value that ESG can bring. appeared first on Una.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Procurement Tactics

AUGUST 31, 2022

Or receive our famous weekly newsletter. The second option is through a network that connects multiple organizations and suppliers. The network model is typically used today where the growth of utilizing e-invoicing is expected. . This course is a perfect fit for ambitious procurement & sourcing professionals.

supply chain software solutions 130

supply chain software solutions Procurement supply chain budgeting Supply Chain Efficiency 130

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

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. With Group Purchasing by her side, she gained access to a vast network of suppliers , expanding her horizons and diversifying her supply chain.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

Una

FEBRUARY 13, 2023

Activate your supply chain backup plan First, risk management 101 in procurement involves having a network of backup suppliers for when disruption occurs. Try to ascertain how long your principal supplier will be offline and arrange a backup source of supply to cover that period.

Supply chain 98

Supply chain Supply Contract Suppliers 98

Procurement Software

APRIL 18, 2023

Within just six months of adopting an entirely new way of sourcing, the team saved between 12% and 22% across every product and service. E-sourcing platforms have eAuctions built in as part of the overall RFx process. It’s rarely down to the goods or services themselves which are being sourced. You will need their full support.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Una

DECEMBER 5, 2023

Decades of networking Older workers often come with a book of professional contacts that rivals the most connected LinkedIn profile. In a field where relationships matter, the value of an expansive network cannot be overstated.

Procurement 52

Procurement Procurement team Negotiation Collaboration 52

Una

JULY 27, 2023

WANTED: Transferable Skills for Procurement Explore some of the desired transferable skills for procurement that seasoned professionals can leverage when building a sourcing career. Bringing people into sourcing from other functions is hugely beneficial to the organization as a whole. Who would be a good fit? Who would be a good fit?

Procurement 52

Procurement Sustainability Contract Negotiation 52

The Procuretech Podcast

MAY 3, 2022

Keelvar - bot technology for spot sourcing. Alan explains how his background in a university computer science department inspired Keelvar, and how his knowledge in AI has enabled him to develop a platform for sourcing excellence, that scales to any size of transaction. Optimising spot sourcing, as opposed to long-term tenders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

Una

JULY 11, 2023

They are the indispensable superpowers that elevate Sourcing Heroes beyond their technical prowess. This level of engagement – otherwise known as “relational intelligence” – goes beyond just networking; it’s about understanding others, actively listening, and empathizing with their needs.

Procurement 40

Procurement Negotiation Influencing Collaboration 40

Jaggaer

OCTOBER 22, 2020

Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform. Taghrichte reported that JAGGAER had enabled it to maintain continuity of service throughout the pandemic while efficiently sourcing protective equipment for its staff at short notice. It has subsidiaries in Europe and in Egypt.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

MARCH 11, 2024

Implement: Automation is key — use systems that allow the business to do most of the task themselves, like sourcing. If practitioners are concerned about GenAI leaving them behind, he suggests taking the initiative to learn the skills — go to events and attend webinars and read about trends and use cases from trusted sources.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

Una

JULY 20, 2023

Future-Proof Your Procurement Career Explore 5 ways to hedge your bets to future-proof your procurement career as AI radically changes the sourcing landscape. By Hugo Britt | July 20, 2023 Search Search As the AI race accelerates, two schools of thought are emerging about how to future-proof your procurement career.

Procurement 40

Procurement Negotiation Purchase orders Suppliers 40

Una

JULY 18, 2023

Not long ago, purchasing professionals were expected to master the various stages of the sourcing cycle, but the reality is that AI and ML-driven automation are creating the need for an entirely new skillset. Stay up to date with industry trends, attend conferences, join professional networks, and take advantage of online courses.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Planergy

AUGUST 30, 2022

Network Leveraging the skills and expertise of people outside your firm has become essential in today’s business world. Network innovation is a form of open innovation that allows companies to tap into a larger pool of resources. One company that has successfully used network innovation is Target.

Innovation 52

Innovation Real-time Visibility Networking Purchasing 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. What to Do About It Make sure your system connectivity relies on a secure network. How to gain visibility and control of your indirect spend.

Risk 52

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

Una

AUGUST 9, 2023

Remember, having to go back and run the whole sourcing exercise again will end up slowing you down. Una’s network of leading suppliers is thoroughly vetted for quality and reliability, saving you time and lowering the risk of quality shortfalls. Did you know?

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

IBM Supply Chain Blog

APRIL 25, 2024

A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks. Explore IBM Business Process Reengineering services Subscribe to newsletter updates 1.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 61

Planergy

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

Data 52

Data Import supply chain software solutions Quality 52

Planergy

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ensuring that all ingredients are sourced from reputable suppliers is vital for maintaining a product’s health and safety standards. How to gain visibility and control of your indirect spend. Download Free Copy.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52