Procurement Leaders

MARCH 18, 2024

It’s a fascinating blueprint for how procurement is being viewed as a catalyst for sustainability – supporting the strategic involvement of suppliers in product development while embedding ESG across core business, and I’ll be watching developments with interest.

Sustainability 130

Sustainability Product development Innovation Suppliers 130

Jaggaer

OCTOBER 24, 2024

Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supply chains are adaptable to changing market conditions. Learn the key principles of building strong partnerships with suppliers that enhance product development and overall business performance.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Supply Chain Optimization 52

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

ivalua

MARCH 24, 2021

Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process. Digitization Benefit #1: Inter-Enterprise Collaboration .

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 130

SCMDOJO

JANUARY 9, 2025

Companies with strategic sourcing strategies in place were able to avoid production stoppages by having alternative suppliers ready. Moreover, early supplier involvement in product development helps businesses reduce time-to-market, improve product quality, and lower costs.

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

ivalua

JULY 15, 2015

Good strategic sourcing starts with an understanding of the goals and priorities of the business and product groups you support, including their long-term strategies and plans. And face time is not limited to only stakeholders.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 147

Jaggaer

NOVEMBER 14, 2024

This early involvement allows procurement to provide critical market and supplier intelligence, advising on component sourcing risks that could delay production. The greatest value-add often comes from integrating trusted suppliers into the New Product Development (NPD) process.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

ivalua

SEPTEMBER 8, 2015

Examples: working collaboratively with product development to reduce time to market and solve production problems. Here the challenge is more closely aligning a “thin front line” of procurement pros with the business stakeholders they support to help them improve their performance.

Procurement 149

Procurement Procurement team Innovation Suppliers 149

Let's Talk Supply Chain

FEBRUARY 20, 2025

Foster Innovation: Collaborating with global partners brings fresh perspectives and ideas to the table, fostering innovation and enhancing product development capabilities. Enhance Versatility: With diversified partners, Mattel can swiftly adapt to tariff changes and market fluctuations, maintaining operational agility and efficiency.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 52

Una

SEPTEMBER 14, 2022

Rohit started his career working in product development, and over time that evolved into vendor management roles in procurement. As a result, risks from cybersecurity and ransomware are increasing – as are the costs and business implications associated with them.

Risk 119

Risk Vendor management Purchasing Product development 119

Let's Talk Supply Chain

APRIL 28, 2025

Through this initiative, the company aims to drive innovation, increase operational agility, and ultimately enhance the overall‍ resilience of the US supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supply 52

Jaggaer

OCTOBER 24, 2024

Clothing and fashion: Shorter collection lifecycles call for rapid product development. That makes agility a foundational part of your manufacturing strategy. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Banking: Typically, a bank’s suppliers are also its customers.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Opz

SEPTEMBER 14, 2013

Customer need to make a quick decision otherwise the next day the products they want will be gone. So customer visits Zara''s stores to see new products more often and this creates the huge amount of traffic and revenue. In the latter case, suppliers need to send samples (through merchandisers) to buyers many many times.

Supply chain management 91

Supply chain management Supply chain management Agile and Lean Supply Chain Supply chain 91

Procurement Tactics

JANUARY 2, 2023

This collaboration includes idea generation, new product development, product concept development, large-scale production, and market testing. . When we hear integration, we know that it is about connecting two or more processes in an effective way.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Tactics

DECEMBER 5, 2022

India is known as the destination for product development and sourcing. Many companies worldwide import a wide range of products due to the remarkable growth and transformation of the manufacturing industry. . Why Should You Source in India?

Sourcing 182

Sourcing Quality Suppliers Price 182

Procurement Insights

APRIL 20, 2024

” In the future, the analyst’s job is to track and monitor the activities of the ten they chose, including news, product development, and anything and everything about the provider. Have that one analyst choose his top 10 providers from the “Ecosystem Map.”

Procurement 85

Procurement Product development 85

Supply Chain Game Changer

JUNE 7, 2021

Testing your idea with the help of MVP is a no-brainer since it comes with multiple benefits that can offer you an insight towards taking the direction of product development. If used properly, it could add lots of benefits towards the product improvement and provide your team with extra useful information.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Product development Supply chain Import 112

Procurement Tactics

MAY 12, 2023

Additionally, it focuses on supporting innovation and productivity, developing skills and talent, and promoting feasible and responsible business practices.

Export 192

Export Import Sustainability Negotiation 192

Spend Matters

OCTOBER 17, 2023

The progression of existing macroeconomic trends, combined with the proliferation of new technologies such as generative AI, have forced software providers to make crucial product development and resource allocation decisions.

supply chain software solutions 123

supply chain software solutions Innovation Supply Chain Efficiency Procurement 123

Jaggaer

OCTOBER 24, 2024

Moreover, by involving suppliers in the initial stages of product development, companies can identify potential issues before they become costly problems. Supply chain resiliency & risk mitigation Resiliency has become a key concern for businesses in a dynamic market environment.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

Procurement Insights

MAY 15, 2025

Profitability (Green Line) Starting Point: Normalized value of 1 in 2025 Growth Trajectory: Steady but modest increase End Point: Normalized value of 3 by 2040 Key Driver: Operational efficiencies and scalability from joining Coupa’s ecosystem, though the relative flatness suggests reinvestment in product development.

Spend management 52

Spend management Supply Chain Efficiency Change management Innovation 52

ivalua

DECEMBER 5, 2019

As the pressure to innovate increases, procurement professionals need to be able to quickly identify areas for innovation and effectively engage internal stakeholders and suppliers on new product development.

Collaboration 20

Collaboration Supply Chain Efficiency Innovation Supply chain 20

ivalua

JANUARY 20, 2016

Analytics needs to serve as your primary compass for product development and how you bring your products to market. You must be able to capture buyer needs more effectively and create products that meet those needs in the shortest amount of time possible. Mastery of analytics.

Collaboration 100

Collaboration Risk management Risk Suppliers 100

Supply Chain Opz

JANUARY 7, 2013

Supply Chain Planning at Apple Inc is the classic example of New Product Development Process (NPD). From the above graphic, Apple Inc accelerates the new product introduction by acquiring the licensing and 3rd party businesses. Its the integration of R&D, Marketing and various function under supply chain management.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 111

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. The data those programs all track is connected, too. Pros and Cons of ERPs.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Supply Chain Opz

MARCH 31, 2015

Modern purchasing executives take part in value creating initiatives such as performance improve program, cost reduction program and new product development program. Now companies of all sizes realize how purchasing can help creating competitive advantage.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

SCMDOJO

MARCH 19, 2024

Informed Decision-Making: LCI enables informed decisions in product development and material selection, aligning choices with sustainability goals, leading to cost savings and improved brand reputation. LCI analysis helps businesses make informed decisions for product development and design.

Inventory 98

Inventory Sustainability Raw materials Supply Chain Optimization 98

Supply Chain Brain

JANUARY 24, 2023

Most of the 2,500 jobs in product development and up to 700 in administrative roles the automaker is hoping to cut are located in Germany.

Product development 52

Product development 52

Supply Chain Brain

OCTOBER 23, 2023

An executive summary of a Locus Robotics and SupplyChainBrain webinar about the state of automation in the warehouse, with Neil Bentley, Locus’s senior director of product development.

Product development 52

Product development 52

Spend Matters

OCTOBER 1, 2024

He also advocated for keeping customer value central in product development and engineering. Nick introduced customer value playbooks to expedite value realization and highlighted the importance of increasing value fluency to help customers get the most from the solutions.

e2e 113

e2e Innovation Data Quality 113

Supply Chain Game Changer

MARCH 25, 2021

A PLM system allows companies to track the processes and stages of a product’s journey from concept to finished goods. Consumer good companies often leverage PLMs to manage the product development stages of the product lifecycle. What are Supply Chain Management Platforms?

supply chain software solutions 81

supply chain software solutions Real-time Visibility supply chain budgeting Supply Chain Efficiency 81

Procurement Tactics

DECEMBER 6, 2022

Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . Spend management aims to maximize value from company spending while lowering costs, mitigating financial risks, and enhancing supplier relationships.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Freelancers

FEBRUARY 27, 2023

Do you need to locate a manufacturing partner at this stage of your product development… The post Learn How To Find A Reliable Sourcing Agent And Avoid Bad Ones first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 52

Sourcing Product development Supply chain Procurement 52

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply chain Procurement 52

SCMDOJO

JANUARY 30, 2023

She oversaw the entire manufacturing operations, as well as the sales, marketing, technology and product development side of the business. Later on, she also served as the Chief Operating Officer at Eaton, where she was responsible for the company’s global electrical business.

Agile and Lean Supply Chain 130

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

Supply Chain Opz

JUNE 1, 2014

Most companies do a strategic planning such as industry analysis, competitor analysis, new production development road-map and so on. A good planning software can help to create more flexible plan without sacrificing too much of the economy of scale. Then, an implementation of supply chain planning software is highly recommended.

supply chain software solutions 105

supply chain software solutions supply chain budgeting Supply chain Distribution channels 105