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 Sourcing Procurement Strategic sourcing 130

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. Global Media Contact.

Procurement team 130

Procurement team Supply Chain Efficiency supply chain software solutions Procurement 130

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 Spend management Sustainability 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.

Purchase orders 130

Purchase orders Procurement team Purchasing Procurement 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

NLPA (Next Level Purchasing Association)

FEBRUARY 2, 2024

The ever-evolving world of procurement demands agility, efficiency, and a sharp eye for optimization. This article dives into 7 situations where process improvement can revolutionize your procurement team and skyrocket your bottom line. Is your procurement team facing any of these situations? Look no further!

Procurement team 52

Procurement team Procurement Collaboration Risk 52

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 Risk Procurement 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 Collaboration Procurement supply chain budgeting 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 Sustainability Procurement Collaboration 93

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

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

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

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 team 147

Procurement team Procurement Influencing Buyers 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.

Procurement team 52

Procurement team Suppliers Supply chain Supplier relationship management 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.

Procurement team 100

Procurement team Suppliers Buyers Procurement 100

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 Collaboration 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 team 97

Procurement team Sustainability Procurement 97

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 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 Sustainability Suppliers 56

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 76

Procurement team Sourcing Procurement 76

Procurement Templates

MARCH 6, 2024

So, here’s a breakdown of procurement personalities in the office if they were different fruits for you and your colleagues to debate what fits who! When procurement bear fruit who are you within the fruit basket? Their ability to maintain composure when things get hot makes them an indispensable part of the procurement team.

Procurement 130

Procurement Procurement team Negotiation Innovation 130

Procurement Templates

APRIL 15, 2024

Communicate Vision: Share the vision and objectives with the procurement team and stakeholders to gain buy-in and alignment. Stage 4: Process Improvement Days 31-40 Streamline Processes: Implement improvements to streamline procurement processes, reduce inefficiencies, and enhance compliance.

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

Supply Chain Brain

APRIL 17, 2024

Procurement teams across the globe are stepping up, adapting and innovating amid whispers — and sometimes shouts — of economic uncertainty.

Data 95

Data Procurement team Innovation Procurement 95

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.

Procurement 195

Procurement Procurement team Management 195

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. on time payments) and spend visibility.

Procurement team 47

Procurement team Procurement supply chain software solutions Spend management 47

Procurement Foundry

MARCH 15, 2023

Over the past few years, we have seen the ongoing effects from COVID-19, as well as rising costs, branch out into every area of our lives.

Procurement team 52

Procurement team Procurement Risk 52

Procurement Templates

MARCH 3, 2024

Procurement can leverage market intelligence to make informed decisions, mitigate risks, and drive strategic value within the organization. Procurement teams can analyze market trends, supplier capabilities, financial stability, and reputation to evaluate potential suppliers and select the most suitable ones.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Supply Chain Brain

APRIL 30, 2019

A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent.

Procurement team 72

Procurement team Chief Procurement Officer Procurement 72

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.

Price 264

Price Strategy Sourcing Real-time Visibility 264

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.

Buyers 246

Buyers Negotiation Purchasing Strategy 246

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 software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Supply Chain Game Changer

NOVEMBER 26, 2018

If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Supplier compliance and governance is a result of quality due diligence on the part of a sourcing and procurement team. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Procurement Foundry

JULY 7, 2023

In today's rapidly evolving business landscape, the role of procurement has undergone a remarkable transformation. The procurement function has become an integral part of strategic decision-making

Procurement team 52

Procurement team Procurement 52

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.

Procurement team 197

Procurement team Strategy Import Procurement 197

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

Supply Chain Brain

DECEMBER 20, 2023

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

Risk management 126

Risk management Risk Management Procurement 126