Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation?

supply chain budgeting 52

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

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Strategic Procurement Models Collaborative Procurement – Collaborative procurement involves working closely with suppliers to achieve common goals.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Planergy

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

Data 52

Data Import supply chain software solutions Quality 52

Supply Chain Opz

JANUARY 19, 2015

Strategic Sourcing has been used by companies of all sizes for years. In many companies, purchasing thus underwent a significant shift from being rather transactional and tactical, to a more strategic function, able to influence company growth. This commentary highlights some of the key principles to strategic sourcing.

Strategic sourcing 56

Strategic sourcing Strategic sourcing Sourcing Product development 56

Supply Chain Game Changer

JUNE 8, 2021

The more they can do to broaden their skillsets, whether in various supply chain functions or even on the dark side of product development, marketing, or other key business areas, the more valuable they will be to potential employers. Danny Wang, VP Sourcing and Procurement at Canada Goose. Never forget it.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

Supply Chain Game Changer

NOVEMBER 17, 2018

The early part of my career was in the product engineering and development, test and characterization, field applications, and program management. The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. I have not looked back since!

Leadership 74

Leadership Supply Chain Optimization Supply chain Sustainability 74

Supply Chain Opz

JUNE 1, 2014

Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production. There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. BMW uses a 12-year planning horizon and divides it into an annual period.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Planergy

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The Strategic Budgeting Process Creating a strategic budget involves the following steps: Set Long-Term Goals and Objectives Begin the strategic budgeting process by defining your organization’s long-term goals.

Budget 52

Budget Real-time Visibility Innovation Data 52

Supply Chain Game Changer

NOVEMBER 10, 2018

However, sourcing managers with a narrow focus on delivery are missing out one of the greatest advantages of forging collaborative supplier partnerships: an opportunity to drive synergies that are otherwise perceived as impossible within the confines of the business. Turning Supplier Collaboration into a Core Competency.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

MAY 23, 2023

He’s a co-author of Profit From The Source. The recently published book looks at a 10 building blocks to ensure that procurement is both seen as a strategic function, whilst also leveraging the best from its relationships with an organisation’s core suppliers. Link to the episode below.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52