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. About the study.

Procurement team 130

Procurement team Supply Chain Efficiency supply chain software solutions Procurement 130

ivalua

FEBRUARY 10, 2022

Consequently, the platform will effectively digitize all of Bravida’s direct and indirect spend and enhance the group’s strong focus on sustainable procurement through increased transparency and relevant data from suppliers. . The post BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA appeared first on Ivalua.

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Procurement team Procurement Spend management Sustainability 130

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.

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Procurement team Sourcing Procurement Strategic sourcing 130

ProcurePort

JANUARY 23, 2020

Procure to pay has to do with getting goods and supplies from suppliers or manufacturers and paying for them. 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. In this post, we’ll look at 5 […].

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Procurement team Risk Procurement Suppliers 130

ProcurePort

SEPTEMBER 11, 2020

This is certainly the case in the context of procurement. 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.

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Purchase orders Procurement team Purchasing Procurement 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. Imagine marketing needing materials urgently, but procurement is stuck waiting on approvals.

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Procurement team Procurement Collaboration Risk 52

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

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Procurement team Collaboration Procurement supply chain budgeting 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.

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Procurement team Procurement Suppliers 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.

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Procurement team Sustainability Procurement Collaboration 93

Procurement Templates

MARCH 6, 2024

Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! 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?

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Procurement Procurement team Negotiation Innovation 130

ProcurePort

JANUARY 13, 2020

The procurement sector can be challenging, confusing, and bewildering given the rapid and unrelenting pace of industry progress in today’s global market. Utilizing the types of reverse auction teams understand and excel in is crucial in market success these days.

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Procurement team Procurement 130

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. These areas of spend have historically resisted procurement influence. This time, we are looking at maturity.

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Procurement team Procurement Influencing Buyers 147

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

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 blog post will explore how the Belbin Team Role Theory can be applied in procurement.

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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.

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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. Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc.

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Procurement team Procurement Supply Chain Efficiency Supply chain 52

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. Learn more here.

Procurement 195

Procurement Procurement team Management 195

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. Being banned from public tenders for up to three years .

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Procurement Templates

NOVEMBER 26, 2023

The Future of Procurement: Navigating the AI Revolution Metaverse? It is undeniable that AI is on the way, but how might it impact procurement? Instead of taking over, it’s more like working with AI as a team – AI takes care of the nitty-gritty, and we get to focus on the big-picture thinking. Machine Learning?

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

Procurement Tactics

NOVEMBER 23, 2022

33 Procurement Interview Questions in 2022. Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know. However, what is its impact on procurement? . In this article, we will discuss what corporate social responsibility and sustainable procurement are.

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

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.

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Procurement team Sustainability Procurement 102

Procurement Heads

NOVEMBER 14, 2022

All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehend The Business, Understanding The Procurement Structure and Strategise For The Future. Procurement roles are all about stakeholder management. Comprehend the business.

Procurement 245

Procurement Procurement team Budget Import 245

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.

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Procurement Procurement team Suppliers 201

Procurement Tactics

NOVEMBER 27, 2022

33 Procurement Interview Questions in 2022. Green Procurement — Everything A Procurement Professional Should Know. Green procurement is becoming a thing nowadays. Many companies are now starting to implement green procurement in their operations. In this article, you will learn what green procurement is.

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Procurement Sustainability Purchasing Raw materials 191

Skill Dynamics

AUGUST 11, 2022

Managing strategic suppliers effectively is essential for procurement and supply chain teams to improve processes and drive competitive advantage for their organization. Indirect procurement) Which suppliers are best at delivering what you need today? The key lies in the ability to extract the best from key partners.

Procurement team 52

Procurement team Suppliers Supply chain Supplier relationship management 52

Arkestro

APRIL 23, 2024

Resources / Blog / Embracing AI and Predictive Procurement to Overcome Industry Challenges Embracing AI and Predictive Procurement to Overcome Industry Challenges Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Enhancing supplier performance.

Procurement 52

Procurement Procurement team Quality Demand Planning 52

ABC of Procurement

FEBRUARY 10, 2022

Many times I ask myself and others: ”How does a great Procurement team look like”. The post What is Procurement Excellence first appeared on ABC of Procurement. Here are some answers.

Procurement 130

Procurement Procurement team 130

ivalua

AUGUST 26, 2021

To make this a reality, procurement must get smarter. The post More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour appeared first on Ivalua. “The responsibility to identify and eliminate unethical labour falls on every tier of the supply chain.

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Procurement team Suppliers Buyers Procurement 100

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

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.

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Risk management Risk Management Procurement 126

Spend Matters

DECEMBER 20, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. As with all business functions, generative AI will be a game-changer for procurement. Take team structures. Data is another key element.

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Procurement solutions Procurement Procurement team Data 103

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

ProcurePort

MAY 27, 2020

Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team. The post Your 5-Step Procurement Spend Analysis Template appeared first on ProcurePort Blog.

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Procurement Procurement team Purchasing Management 254

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Sustainable Procurement Strategy — Embracing Sustainability Sustainable procurement strategy allows an organization to conduct its procurement processes that support its sustainability goals and objectives.

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Procurement strategies Sustainability Strategy Procurement 171

ProcurePort

JULY 7, 2022

• Lean procurement or lean purchase is seen as a principle in the procurement of achieving more with less. Lean procurement seeks to acquire the least number of inputs to achieve the desired outcomes or results. • The post What Is Lean Procurement or Lean Purchasing? The post What Is Lean Procurement or Lean Purchasing?

Purchasing 130

Purchasing Procurement Procurement team Inventory 130

Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.

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Chief Procurement Officer Procurement Procurement team Buyers 52