ProcurePort

AUGUST 6, 2020

As with any sort of team that is composed of various people with varying obligations, procurement teams are normally staffed with a spectrum of professionals and specialists. The post The Role of a Sourcing Specialist on a Procurement Team appeared first on ProcurePort Blog.

Procurement team 130

Procurement team Procurement Sourcing Strategic sourcing 130

SupplyShift

JUNE 6, 2023

Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a significant portion of company revenue, they play a crucial role in supply chain sustainability.

Procurement team 93

Procurement team Procurement Sustainability Supply chain 93

ivalua

FEBRUARY 10, 2022

The post BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA appeared first on Ivalua. We are trusted by hundreds of the world’s most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us at @Ivalua.

Procurement team 130

Procurement team Procurement Procurement strategies Suppliers 130

ProcurePort

SEPTEMBER 11, 2020

Because the procurement department is so large and comprehensive in it’s functionality, departments often make use of a multitude of softwares. The post Purchase Order Requisition Software Developments for Your Procurement Team appeared first on ProcurePort Blog.

Procurement team 130

Procurement team Purchase orders Procurement Purchasing 130

ProcurePort

JULY 14, 2020

As a procurement professional whose job is to secure reliable vendors for clients, it is imperative to take advantage of all the resources available to you such as automated RFI templates to make the outsourcing process more efficient. The post An RFI Template Your Procurement Team Can Easily Follow appeared first on ProcurePort Blog.

Procurement team 130

Procurement team Procurement Suppliers 130

ProcurePort

JANUARY 23, 2020

As a company, it is important to run a procure to pay system if you are concerned about managing cash flow, making profits and doing business with reputable suppliers. The post 5 Procure to Pay Risks Procurement Teams Could Miss appeared first on ProcurePort Blog. In this post, we’ll look at 5 […].

Procurement team 130

Procurement team Procurement Risk Suppliers 130

ivalua

JULY 21, 2020

The Hackett Group study, “ Strengthening the Procurement-IT Partnership Elevating performance and accelerating value ”, July 2020 is one of a series of great reports which seek to provide guidance on what Procurement teams are doing well and on how they can improve. Blending of IT and procurement teams.

Procurement team 130

Procurement team Procurement Collaboration supply chain budgeting 130

ProcurePort

JANUARY 13, 2020

Utilizing the types of reverse auction teams understand and excel in is crucial in market success these days. Introducing Reverse Auctions Reverse auctions are one of the most curious phenomena of the procurement […].

Procurement team 130

Procurement team Procurement 130

The Good Spending

MAY 28, 2023

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. This is where the Belbin Team Role Theory comes into play.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

Arkestro

JULY 20, 2023

The post Grow CFO: How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”? Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. No spam, just relevant news and tips & tricks. You can unsubscribe at any time. appeared first on Arkestro.

Procurement team 52

Procurement team Procurement Supply Chain Efficiency Supply chain 52

Art of Procurement

APRIL 2, 2023

“At the end of the day, procurement is a business enabler. The post [Pod] Architecting and Enabling Amazing Procurement Teams w/ Fadi El Mouallem appeared first on Art of Procurement. No company can grow without its suppliers.

Procurement team 52

Procurement team Procurement Suppliers Category management 52

Procurement Leaders

JUNE 20, 2023

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. There is a vigorous debate in the world of procurement about the speed at which we transform categories. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts.

Procurement 147

Procurement Procurement team Buyers Strategic sourcing 147

Skill Dynamics

AUGUST 11, 2022

Procurement teams must also evaluate whether or not they anticipate a long-term relationship with the supplier to help the organization compete successfully in the market. The post How supply chain and procurement teams can manage suppliers effectively appeared first on Skilldynamics.

Supply chain 52

Supply chain Procurement team Procurement Suppliers 52

Procurement Talk with David Byrne

MAY 2, 2023

The procurement consultancy world has its draws, from intense and varied experiences to, … Continued The post Consultancy vs In-House: Making Widespread Impact in Any Procurement Team with Procurement Consultant at Efficio, Daniel Abda – Episode 74 appeared first on Talent Drive.

Procurement team 52

Procurement team Procurement Chief Procurement Officer Supply chain 52

Bonfire

DECEMBER 3, 2021

It’s completely free to use for public procurement professionals everywhere. Procurement teams can get requests for everything from pothole patching to software to PPE. The post Bonfire Open Access Community Projects: Our holiday gift to public procurement teams everywhere appeared first on Bonfire.

Procurement team 52

Procurement team Procurement Collaboration Data 52

ivalua

AUGUST 26, 2021

The post More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour appeared first on Ivalua. To download the Ivalua 2021 Responsible Labour Report, “Combatting unethical labour: How organisations can collaborate with suppliers to uphold working standards”, please visit.

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Procurement team Suppliers Procurement Supply chain 100

RPF360

NOVEMBER 3, 2022

Does your procurement team take requests? Listening to and serving stakeholders is a big part of creating a successful procurement team. Fortunately, a procurement request form makes it easy for stakeholders to initiate a project and engage with procurement.

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Procurement Procurement team Management 195

ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

Sourcing 264

Sourcing Supply Chain Optimization Agile and Lean Supply Chain Price 264

Procurement Leaders

NOVEMBER 6, 2023

In partnership with GEP: Insights into the long-term technological, geopolitical and ESG trends that will impact procurement teams this decade

Procurement team 100

Procurement team Procurement Risk management Sustainability 100

ivalua

JANUARY 8, 2023

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. The post What does the German Supply Chain Act Mean for Procurement?

Supply Chain Efficiency 244

Supply Chain Efficiency supply chain software solutions Supply chain Procurement 244

Jaggaer

APRIL 20, 2021

Empowers Global Procurement Teams, Improves User Experience, and Automates Daily Tasks appeared first on JAGGAER. The post JAGGAER Release 21.1

Procurement team 52

Procurement team Procurement 52

Supply Chain Dive

FEBRUARY 2, 2023

A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success.

Procurement 96

Procurement Procurement team Sustainability 96

ProcurePort

SEPTEMBER 20, 2022

Such circumstances make it important for procurement teams […]. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate.

Negotiation 246

Negotiation Buyers Purchasing Strategy 246

ProcurePort

AUGUST 31, 2023

Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction Software appeared first on ProcurePort Blog.

Procurement strategies 130

Procurement strategies Procurement team Procurement Bidding 130

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Procurement Transformation Delays – The Role of Personality!

Procurement team 56

Procurement team Procurement Suppliers Procurement strategies 56

RPF360

OCTOBER 6, 2022

Cost savings and cost avoidance are important strategies for procurement teams. Explore how you can differentiate between cost savings vs cost avoidance and see how you can reduce spend using both along with examples. The post Cost savings vs cost avoidance: What’s the difference? appeared first on RFP360.

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Procurement team Procurement Strategy Import 197

Supply Chain Dive

NOVEMBER 27, 2023

Here are five workforce-related issues procurement teams should consider when analyzing their supply chains.

Procurement 76

Procurement Procurement strategies Procurement team Supply chain 76

RPF360

AUGUST 25, 2022

How do you measure the success of your procurement team? Procurement KPIs quantify, capture and report the efficiency and effectiveness of the department. The post Procurement KPIs: How to quantify value and measure success appeared first on RFP360. By establishing key performance indicators.

Procurement 201

Procurement Procurement team Suppliers 201

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Suppliers 246

Suppliers supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency 246

Jaggaer

JULY 16, 2020

As the Department of Education, along with state education departments around the country, begin issuing recommendations for return to school plans , procurement teams are left asking what’s next for them. The post What the Department of Education’s Guidance Means for Higher Ed Procurement Teams appeared first on Jaggaer.

Procurement team 52

Procurement team Procurement Contract Negotiation 52

Procurement Tactics

JULY 23, 2023

For example, the procurement team looks at their office supplies and finds some outdated technology accessories and too many stationery items that they rarely use. This involves closely aligning procurement with production requirements, and procuring materials and supplies in quantities that meet immediate production needs.

Procurement 196

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 196

Procurement Heads

NOVEMBER 14, 2022

The importance of the procurement team is more clearly recognised in some organisations and less so in others. Get an understanding of the perception of procurement and its engagement throughout the business.

Procurement 245

Procurement Procurement team Business procurement Suppliers 245

ProcurePort

AUGUST 31, 2021

With the increasing adoption of technology in procurement, many Chief Procurement Officers (CPOs), accounts payable teams, and suppliers are turning to electronic invoicing as a viable solution to the issue of invoicing in a digital era. Digital transformation is taking center stage as procurement teams look […].

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Chief Procurement Officer Procurement Procurement team Suppliers 245

Pipefy

OCTOBER 25, 2023

Procurement teams have a critical role to play in business strategy. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and stay competitive. Not only does this increase procurement team autonomy, it also helps conserve valuable IT resources.

Procurement team 52

Procurement team Procurement Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Brain

APRIL 9, 2021

Fairmarkit has recently announced the launch of an expansion to their intelligent sourcing platform, adding capabilities to provide an all-in-one solution that leverages automation to simplify competitive sourcing for both RFQs and RFPs.

Procurement team 86

Procurement team Sourcing Procurement 86

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy. Conclusion.

Procurement 130

Procurement Procurement team Strategy Real-time Visibility 130

Art of Procurement

NOVEMBER 26, 2023

“The most successful procurement teams have a strong ability to articulate what they’re doing in the context of overall business. The post Deloitte’s 2023 CPO Survey: Orchestrators of Value appeared first on Art of Procurement.

Procurement team 52

Procurement team Procurement Leadership Management 52