World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Spend Matters

NOVEMBER 29, 2022

Earlier in 2022, Simfoni announced its acquisition of EC Sourcing Group, a sourcing provider with optimization support. Simfoni has been growing rapidly, especially in the spend analytics and tail spend areas in recent years.

Project management 72

Project management Sourcing Management 72

Procurement Insights

MARCH 2, 2024

Here are a couple of examples (and corresponding sources): Some of the items that are included in an IT budget are hardware, software, personnel, outsourcing, disaster recovery, and any occupancy costs associated with the support of the IT in the organization. Taxes, except value-added taxes, are also included.

Budget 69

Budget Stakeholder engagement Project management Sourcing 69

Procurement Leaders

DECEMBER 9, 2022

With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

ivalua

JANUARY 28, 2021

Jorge Pont Director, Commodity Management – Memory, CPU/GPU/OEM H/W, Google Cloud. Amber Holmes Co-op Program and Special Projects Manager. Demo Breakout: Effectively Managing Supplier Information, Risk & Performance. Demo Breakout: Creating Lasting Value Across Your Source-to-Contract Process. 2:15pm EDT.

Eprocurement 100

Eprocurement Networking Project management Contract 100

Supply Chain Game Changer

FEBRUARY 9, 2022

7 Reasons to Switch to Agile Project Management! Once treated as an “add-on” to full-time commitments, project management has evolved into a separate area with its theoretical background and methods. Project management has different definitions. What is a project management tool and why is it important?

Project management 80

Project management supply chain software solutions Management supply chain budgeting 80

ivalua

JANUARY 29, 2020

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Collaboration 213

Collaboration Innovation Agile and Lean Supply Chain Procurement 213

Una

DECEMBER 20, 2022

More cross-functional teams are being formed to work on specific projects. In a nutshell, this is what the project economy looks like. This will enable better decision-making in terms of up-skilling, assigning permanent team members to a project, hiring temporary (expert) staff, or outsourcing where necessary. Get in Touch.

Procurement 98

Procurement Project management Procurement team Purchasing 98

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

The Good Spending

JULY 11, 2022

How to excel in strategic sourcing? - Each section of our online training course should provide a few possible answers by offering best practice strategic procurement concepts, techniques, and tools and trying them in real sourcing situations. Iron Triangle of Project Management. Sourcing strategy.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Project management 52

ivalua

MAY 6, 2021

Meanwhile, organizations face myriad external risks: climate disruption, geopolitical issues, increasingly strict legislation and regulations, and, of course, the global pandemic all impact the supply chain, and Procurement is under heightened pressure to mitigate those macro risks with effective sourcing and supplier management processes.

supply chain software solutions 130

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

IBM Supply Chain Blog

APRIL 8, 2024

To train a generative AI assistant to learn project management, for example, you need a strong set of unstructured data about the work and tasks required. HR leaders know the right steps to take around sourcing and evaluating content for training, collaborating with the functional subject matter experts for that area.

Strategy 70

Strategy Project management Leadership Business strategy 70

Supply Chain Game Changer

MARCH 9, 2022

In either case, each purchase is associated with a particular purpose or project. Ultimately the project-based framework ends up giving oversight of the procurement responsibility to the project manager and making those assigned to the project integral to the procurement process.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

IBM Supply Chain Blog

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Data 125

Data Ethics Quality Project management 125

ivalua

APRIL 7, 2022

Aurélie LUCAS tasked JB to provide sustainable, locally sourced #loveprocurement t-shirt, delivered on stage via an environmentally friendly bike delivery! Next on stage, we welcomed Booking.com with a thought-provoking, transparent, powerful, and honest account of how to run a successful and ongoing Source-to-Pay transformation. .

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

Planergy

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Start with a Realistic Project Budget. Start with a Realistic Project Budget.

Budget 52

Budget Management Project management Import 52

Pipefy

MARCH 29, 2023

Data visualization is an essential capability for effective project management. It includes a variety of methods (such as graphical illustrations and statistics) to facilitate collaboration among project team members. A specific individual must manage Agile resources to ensure teams remain productive.

Project management 52

Project management Management Data Strategic planning 52

Arkestro

JANUARY 23, 2024

Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

ivalua

JUNE 7, 2021

Efficient communication, the ability to securely share information and project-manage efforts are all key to scaling collaboration across more processes, suppliers & categories. But they are also the most exciting as they have the potential to actually turn your spend and suppliers into a source of competitive advantage.

Strategy 130

Strategy Procurement Collaboration Innovation 130

Procurement Tactics

SEPTEMBER 14, 2022

When you go out of a building, it is most likely that the trucks you are seeing use diesel as a fuel source since it is the most affordable option. This allows the project managers to analyze the outcome of the different implemented activities. This course is a perfect fit for ambitious procurement & sourcing professionals.

Sustainability 178

Sustainability Logistics Raw materials Supply Chain Efficiency 178

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

Procurement Tactics

AUGUST 29, 2022

E-tendering is an essential part of the e-procurement process as it facilitates the way of sourcing suppliers efficiently. . The Centralized electronic document repository that includes document requirements, digital tender documents, purchase orders, and contracts works well for contract and project management. . LEARN MORE.

Competitive bidding 130

Competitive bidding Bidding Contract Suppliers 130

ivalua

JANUARY 21, 2020

Modernization : Whether large or small, all states are dealing with the mounting technical debt that comes from managing decades old systems that don’t enable strategic initiatives or the sharing of data, provide a poor user experience, and are prone to security vulnerabilities.

Procurement 124

Procurement Data Strategic sourcing Strategic sourcing 124

Procurement Heads

MARCH 7, 2023

“It pulls on so many soft and technical skills that after a few years in the profession if you wanted to be an Analyst – you can; go into legal – you can; a Consultant/Advisor – you can; a Project Manager – you can; go into transformation/continuous improvement- you can; be a people leader – you can (and that’s just to name a few). “It’s

Leadership 246

Leadership Procurement Agile and Lean Supply Chain Import 246

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 74

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 74

ivalua

JUNE 15, 2022

Michael Stietz , Senior Vice President & Chief Procurement Officer at Körber AG, Jan Koch , Senior Project Manager at Körber AG, and Douglas Keeley , Senior Product Manager at Ivalua discussed how to automate and streamline tactical activities while keeping strategy front and center. . Körber + Ivalua.

Supply Chain Efficiency 130

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

IBM Supply Chain Blog

JANUARY 16, 2024

This will likely involve collaboration between the product design team, project management, sales, and other departments as the business creates a detailed roadmap for how the new product will be built and deployed. This will become the sample as materials and vendors are sourced for mass production.

Product development 84

Product development Strategy supply chain budgeting supply chain software solutions 84

ivalua

APRIL 13, 2021

Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories. Too much risk management focuses on assessing individual supplier risk, with category assessments simply the sum of supplier assessments.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Collaboration 130

Spend Matters

AUGUST 31, 2023

We found that the average organization today uses nine project management apps, seven sharing and storage apps, and five messaging apps. Not only does a high number of collaboration apps have the potential to actually hinder collaboration (a productivity cost), it’s also a huge source of wasted spend.

Data 99

Data Vendor management Procurement e2e 99

Procurement Tactics

JULY 4, 2023

Use should-cost model software that can aggregate data from multiple sources and automate the analysis. Should Cost Model Tooling/Software There are several should-cost model tools/software available in the market that can help you create and manage your should-cost models. Monitor the prices of raw materials from your suppliers.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcing solution do? Sourcing solutions offer supporting content and services for managing market approaches (including category strategy), execution (e.g., RFx management and e-auctions) and portfolio/performance management.

Sourcing 82

Sourcing Bidding Price Suppliers 82

TYA Suite

DECEMBER 16, 2022

Modern technologies have been developed to address industry challenges and issues like project management, health, and safety. Project management across multiple worksites has always been difficult in construction. Construction managers can easily track various activities using an ERP system.

Raw materials 52

Raw materials Budget Purchase orders Project management 52

Procurement Heads

APRIL 26, 2023

I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities. What are you most passionate about when it comes to procurement?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities. What are you most passionate about when it comes to procurement?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

MARCH 5, 2020

Successful collaboration requires both softer, behavioural skills, such as empathy, listening, and judgment, but also technical capabilities around planning, project management, and data analysis.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Procurement Leaders

MAY 30, 2022

The business unit sources £1.5bn of goods and services annually for properties occupied by CBRE clients in the UK, including hard and soft facilities management, with most purchasing decisions being made by those working directly with the client to ensure their needs are sufficiently met.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130