ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Arkestro

FEBRUARY 20, 2024

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% How does Predictive Procurement Orchestration Work? The result?

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

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

Una

NOVEMBER 1, 2022

Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services. Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

How is sourcing strategy different than procurement strategy? Often considered synonymous with the procurement process , sourcing is a distinct process within supply chain management. Read our solution brief to get started. The post 4 smart technologies modernizing sourcing strategy appeared first on IBM Blog.

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

ivalua

AUGUST 17, 2021

Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

ivalua

JUNE 15, 2022

Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Balance supply chain risk and resilience with ROI.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

All Things Supply Chain

SEPTEMBER 9, 2019

Procurement teams have a growing responsibility within organisations. Cost and quality will always play a huge part across the function (for both direct and indirect categories) but creating value and…

Innovation 187

Innovation Supply chain Procurement team Quality 187

Una

SEPTEMBER 6, 2022

Lean procurement teams pick their goals and targets with care when building their lean procurement strategies , focusing on achievable and high-impact activities such as tackling tail spend. . Tips for leveraging lean procurement. For many organizations, “lean” simply means reducing the costs involved in procurement.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

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

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

World of Procurement blog

APRIL 23, 2024

Predictive Analytics: Building on historical data, predictive analytics forecasts future scenarios, helping procurement teams to plan for upcoming demands and market dynamics. Supply Chain Analysts : Focus on the broader supply chain implications of procurement data to ensure alignment with logistics and inventory strategies.

Procurement 52

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

World of Procurement blog

APRIL 23, 2024

Predictive Analytics: Building on historical data, predictive analytics forecasts future scenarios, helping procurement teams to plan for upcoming demands and market dynamics. Supply Chain Analysts : Focus on the broader supply chain implications of procurement data to ensure alignment with logistics and inventory strategies.

Procurement 52

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

SCMDOJO

SEPTEMBER 7, 2021

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. And so, they track an array of metrics such as KPIs.

Procurement 144

Procurement Procurement team Sustainability Data 144

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Una

NOVEMBER 14, 2022

This left procurement organizations and departments scrambling to find more strategic alternatives to not only survive but carve out their place in an evolving global market. No, again, thanks to 800-pound gorilla companies, procurement teams will need to adopt an agile, customer-centric approach for future systems and process strategies.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Una

AUGUST 9, 2022

The burden of cost-cutting has traditionally fallen to the CPO and the procurement team, and the fallout from the coronavirus crisis is no different. Una can help achieve cost reduction in procurement. We offer our members a cost comparison analysis tool and supply chain management support as well.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Una

NOVEMBER 27, 2023

By Hugo Britt | November 28, 2023 Search Search Gen Z currently makes up almost one-third of the world’s population and will account for 27% of the workforce by 2025 – but are they interested in joining your procurement team? This generation is known for its emphasis on work-life balance, flexibility, and social causes. (or

Procurement 52

Procurement Procurement team Supply Chain Optimization Ethics 52

Procurement Heads

FEBRUARY 7, 2023

At work, I am Head of Procurement at British American Tobacco and in charge of the procurement teams in the west side of the world (North and South America, Africa and most of Europe). I enjoyed thoroughly my roles as a Factory Manager and Supply Chain Manager and I am happy to bring these experiences now back to procurement.

Supply Chain Efficiency 130

Supply Chain Efficiency Raw materials Category management Sustainability 130

Arkestro

NOVEMBER 14, 2023

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. It could be that supply chains haven’t normalized since the COVID-19 pandemic.

supply chain budgeting 52

supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Procurement 52

Una

NOVEMBER 29, 2023

Managing Procurement Risk with a Group Purchasing Organization Benefits of Strategic Sourcing How GPOs Can Help Improve Procurement Compliance 5. Invest time in researching, evaluating, and implementing technology solutions that can streamline procurement processes, improve data analytics, and enhance overall efficiency.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 8, 2023

The purchase order is written in great detail and should follow a process that is defined by the company’s procurement team. If your company depends on the daily procurement of materials or services, any delay will cause interruptions in the daily operations of your company or organization.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Pipefy

DECEMBER 20, 2023

For strategic procurement to be achieved, procurement teams will typically harness various techniques, tools, and technologies in order to collect and analyze their procurement data. It’s through this process that procurement can accurately weigh which purchases will produce the most long-term value.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Pipefy

JANUARY 11, 2023

In order to prepare for the next great disruption, a total overhaul of processes through procurement transformation is required to unlock a business that will not only survive but thrive as well. Build better processes with the Definitive Guide to Workflow Management Download now. What is procurement transformation?

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 13, 2023

This department manages the selection, acquisition, and payment of goods and services needed to run a business. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Una

JULY 3, 2023

They provide guidance on optimizing the sourcing process, enhancing supplier relationships, and leveraging procurement as a strategic function that adds value to the business. This shouldn’t be surprising, as procurement professionals often find themselves dealing directly with a suppliers’ CEO.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Procurement Leaders

JUNE 13, 2022

To address supply chain transparency, a new initiative, “SCM+”, was developed in the second quarter of 2021. A group of five people formed an extension of the existing 10-person Supply Chain Management team within the 200-strong Procurement & Supply Chain function to focus on this.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Una

AUGUST 2, 2022

Importantly, technology can monitor contract expiry dates to prevent auto-renewals and provide the procurement team with an opportunity to reconsider or renegotiate the contract. Benefits of Cloud-Based Supply Chain Management. Una’s team of Sourcing Advisors is here to help. IoT proliferation.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Pipefy

JANUARY 30, 2024

To solve the challenges of a manual procure-to-pay process, P2P teams will see higher adoption of analytic solutions and procure-to-pay technology for process improvement, better use of employee time, savings, and operational efficiency.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JULY 20, 2023

Typically, this platform includes features such as order creation, order tracking, inventory management, supplier collaboration, and reporting capabilities.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

SupplyShift

NOVEMBER 12, 2021

Where possible, companies must empower and resource their procurement departments to more sustainably source goods and services to match the current situation. Here are some steps to simplify sustainability and set procurement teams up for success: Align Leadership and Sustainability Teams.

Sustainability 52

Sustainability Procurement Procurement team Consumer demands 52

FourKites

JANUARY 7, 2021

Defining Characteristics of an Agile Supply Chain. A few universal characteristics of the agile supply chain model include: Accurate Information: The mantra of agile supply chain management is “You can’t control what you can’t see.” What is the Difference Between Lean and Agile Supply Chains?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. That is the job of the Procurement team. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage.

Supply Chain Efficiency 114

Supply Chain Efficiency Supply chain Order Fulfillment Supply 114

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. 7 KPIs Your Procurement Team May Be Ignoring! Consumers are clearly willing to pay more for responsibly sourced products, so procurement teams have seen the need to change their practices to create product-market fits. Subscribe Here! Email Address. Circular Economy.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50