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. Hot tip: Never underestimate the potential impacts of procurement risk.

Purchasing 52

Purchasing Risk Management Procurement 52

Spend Matters

AUGUST 25, 2022

Over the coming weeks, our risk series will cover vendors within the following risk categories: Financial Risk & Supplier Risk. Supply Chain Risk. Supplier Management Non-Suites. Supplier Management Suites. Contract Risk Management. Compliance/CSR Risk.

Risk 79

Risk Suppliers Management Procurement 79

ivalua

FEBRUARY 12, 2021

The post Global Process Owners Week Europe – Managing Supplier Risk within Procure to Pay appeared first on Ivalua.

Risk 130

Risk Suppliers Management Procurement 130

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Understanding Procurement Risk A. Introduction A.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. This is particularly true in the Middle East. “The

Risk management 130

Risk management Risk Supply Chain Efficiency Management 130

Empowering CPO

JULY 2, 2023

Introduction In an increasingly complex global market, procurement services have become more than just a business necessity; they are a strategic linchpin that can significantly impact a company’s bottom line. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges.

Risk management 40

Risk management Risk Suppliers Management 40

Bonfire

MARCH 17, 2023

We recently chatted with seasoned procurement pros at our OntarioTalk event, and they had some great compliance advice that applies to all jurisdictions. Lawrence College Luca Del Grosso , Manager of Procurement at Technical Standards and Safety Authority They all shared their experiences and what worked well in their agencies.

Risk management 52

Risk management Risk Management Procurement 52

Art of Procurement

OCTOBER 15, 2023

The post Relationship Building: The Key to Effective Risk Management in Procurement appeared first on Art of Procurement. “You need to know your suppliers, what they can and what they can’t do, and what they’re ready to do.

Risk management 52

Risk management Risk Management Procurement 52

Art of Procurement

MAY 23, 2023

Cybersecurity tops the list of risks that keep c-suite leaders and procurement practitioners up at night. The post From Cybersecurity Threats to Revenue Loss: How to Manage (and Minimize) Risk with Procurement appeared first on Art of Procurement. Organizations face repeated and.

Risk 52

Risk Management Procurement Risk management 52

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. For context the stakeholder is asking for procurement advice set within the rules for public sector buying and a UK regulatory framework.

Influencing 130

Influencing Negotiation Risk Innovation 130

Art of Procurement

JUNE 25, 2023

“Getting visibility into the n-tier is the silver bullet that makes procurement every organization’s hero or heroine because everything happens. The post [Pod] From C-Suite Priority to Procurement Strategy: Managing Risk at Scale w/ Gordon Donovan and Matthew Montgomery appeared first on Art of Procurement.

Procurement strategies 52

Procurement strategies Risk Strategy Management 52

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Review Existing Processes: Analyze current procurement processes, systems, and documentation to identify strengths, weaknesses, and areas for improvement.

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

Procurement Templates

FEBRUARY 13, 2024

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day.

Procurement 264

Procurement Procurement team Budget Negotiation 264

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

ProcurePort

MARCH 28, 2024

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal.

Negotiation 130

Negotiation Procurement Contract Price 130

Procurement Leaders

JANUARY 16, 2023

But they all come, to me, under the category of risk. ” Stoup spoke to Tim Burt, community advisor at Procurement Leaders, to discuss the current environment, and the factor she considers to be most important during turbulent times – people. Leaders across the enterprise now recognise procurement’s value.

Risk 246

Risk Management Risk management Strategic planning 246

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Export and import of certain hazardous wastes.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. ‘ The major highlights are described below.

Procurement 84

Procurement Risk management Raw materials supply chain software solutions 84

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 113

Procurement contracts Contract Procurement Negotiation 113

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. Why Are They Important?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Templates

MARCH 3, 2024

Check out my other page on s trategic sourcing A procurement assessment of needs is a systematic evaluation conducted by organizations to determine their requirements for goods, services, or works. This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ProcurePort

NOVEMBER 2, 2023

Procurement Sourcing Overview: Procurement sourcing is finding and choosing suppliers to get things an organization needs. It involves identifying, evaluating, negotiating, selecting, managing contracts, and maintaining supplier relationships. appeared first on ProcurePort Blog.

Sourcing 130

Sourcing Procurement Leadership Negotiation 130

Spend Matters

APRIL 11, 2023

Categories: Procurement Strategy & Planning , Supply Chain , Supply Risk Tags: Sponsored Posts Since the early days of Covid and the immediate blow to global supply chains, the frequency and impact of supply chain disruptions has only increased. So, what are the top supplier risks Procurement must look out for?

Risk 77

Risk Agile and Lean Supply Chain Suppliers Procurement 77

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 244

The Procuretech Podcast

OCTOBER 12, 2021

This week, we bring you the first in a 3 part series of live episodes recorded at Procurement Summit in Berlin on 29 and 30 September 2021. Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. Next up is Harald Nitschinger, CEO of risk management solution Prewave.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Jaggaer

NOVEMBER 10, 2020

The post ACCIONA Manages Risk of 43,000 Suppliers Thanks to the Digitalization of its Procurement Process appeared first on Jaggaer.

Risk 52

Risk Suppliers Management Procurement 52

Procurement Templates

JANUARY 5, 2024

Creating a comprehensive contract management checklist involves several key steps to ensure effective oversight and compliance. Ongoing Management: Schedule regular reviews of contract performance. Risk Management and Mitigation: Identify potential risks associated with the contract.

Contract management 130

Contract management Contract Management Negotiation 130

Spend Matters

MARCH 18, 2024

This Spend Matters Vendor Analysis provides an overview of Halo Ai and its solution for third party risk management. Third-party risk management (TPRM) is often an afterthought for organizations or a measure only taken after a risk event occurs. This content is for members only.

Risk management 100

Risk management Risk Supply chain resilience Management 100

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

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

ProcurePort

OCTOBER 25, 2023

• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers.

Vendor management 130

Vendor management Management Procurement Quality 130

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Innovation Supply chain 246

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Contract Management: What is it?

Contract management 189

Contract management Contract Management Negotiation 189