Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. In this world, a growing gap emerges between organizations with “smart” supply chains and those that are, for want of a better word, dumb.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Una

MARCH 30, 2023

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. Cost is, and should always be, a foundational part of procurement’s raison d’être.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Contract Auditing — Everything You Should Know Contract auditing allows parties to know their obligations and follow them thoroughly. In this article, we will discuss what contract audit means.

Contract 184

Contract Negotiation Contract management Procurement strategies 184

Una

MARCH 16, 2023

Pain Points in Procurement Series How to Build Procurement Influence and Why it Matters How to build procurement influence as a way to stay engaged with other business functions, drive value, and achieve more desirable outcomes. By Hugo Britt | March 16, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

Una

JANUARY 17, 2024

The Basics of Group Purchasing Learn how Una can help turn your sourcing function into a hub for value creation for business leaders and procurement professionals alike. By Hugo Britt | January 18, 2024 Search Search Ready to ditch the old-school procurement playbook and dive into the exciting world of value creation?

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Defining your goals and objectives will help you create a roadmap for building your procurement function.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Una

DECEMBER 20, 2022

How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management.

Management 98

Management Buyers Procurement team Contract 98

Una

APRIL 25, 2023

Pain Points in Procurement Series Why Professionals are Always Time-Poor in Procurement Stop struggling with being time-poor in procurement and pave the way for bigger projects, more strategic thinking, and better innovation. By Hugo Britt | April 25, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Una

NOVEMBER 2, 2023

If you have aspirations to become the Clapton of procurement, you will need to use every tool at your disposal. One such readily available tool is (you guessed it): group purchasing. The fear of being replaced is a main concern for procurement when it comes to working with a GPO. Is this cheating or considered a shortcut?

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it? What is Inventory Forecasting?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Una

JULY 19, 2022

3 Reasons to Develop a Comprehensive Procurement Strategy. We all know different purchasing scenarios will require us to follow certain processes or have criteria that needs to be met. Because of this, it isn’t necessarily wise to approach procurement with a one-size-fits-all mentality. By Mackenzie Oakley | July 19, 2022.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

Una

NOVEMBER 30, 2022

Value Creation Through Digital Transformation in Procurement. But COVID also revealed the growing value placed on the expertise of procurement professionals and a shifting company viewpoint from back-office worker bees to valued C-suite consultants. Prioritizing a digital procurement strategy to gain competitive advantage.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Una

DECEMBER 8, 2022

5 Meaningful New Year’s Resolutions for Procurement. With 2023 just around the corner, it’s time for procurement professionals to make sure they get off to a flying start in the new year with some high-impact resolutions. 5 New Year's resolutions for procurement. By Hugo Britt | December 8, 2022. Survey fast and often.

Procurement 96

Procurement Contract Purchasing Suppliers 96

Una

NOVEMBER 1, 2022

For decades, procurement professionals saw as much daylight as the basement-dwelling character Milton Waddams in Office Space. These “back-office” workers were seen primarily as clerical support, entering and tracking purchase orders and researching suppliers. By Eric Edwards | November 1, 2022. Strategic sourcing best practices.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

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

Una

SEPTEMBER 5, 2023

Addressing the Possible Risks Associated with GPOs Answers to common questions about the risks associated with GPOs and how working with a group purchasing organization can empower procurement. This is where Una comes in. This is where Una comes in. Will joining a GPO mean a loss of control over categories?

Risk 52

Risk Purchasing Procurement strategies Contract 52

Una

OCTOBER 20, 2022

Vendor Management and Mitigating IT Supplier Risk. Vendor managers have come a long way from being a cost-savings shop. Cost savings will always be on the plate, but vendor managers are now managing risk from a governance and compliance perspective. This is particularly true in the world of IT procurement.

Vendor management 97

Vendor management Risk Suppliers Management 97

Una

JULY 26, 2022

Organizations are creating value from IT spend in three key ways that contribute to top-line growth: Investing in back-end systems and infrastructure to support business operations with automation, Cloud hosting , AI, Machine Learning, data analytics, and more. Take IT in procurement as an example. By Hugo Britt | July 26, 2022.

supply chain software solutions 98

supply chain software solutions Supplier consolidation Purchasing Contract 98

Una

NOVEMBER 29, 2023

11 Things You Can Do While Your GPO Works Behind the Scenes Explore 11 things you could be doing while your GPO takes care of time-consuming procurement tasks behind the scenes. Below, we suggest 11 things you could be doing while your GPO takes care of time-consuming procurement tasks. Day-to-day procurement tasks can bog you down.

Supply Chain Efficiency 52

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

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Now’s the time for procurement professionals to make sure they get off to a flying start with some high-impact resolutions.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

FEBRUARY 22, 2023

How to Use GPOs as a Cost Savings Strategy Discover how procurement leaders can join a GPO and use group purchasing as a cost savings strategy to deliver continued value. Procurement leaders face similar challenges when the pressure to deliver cost savings is unrelenting and you feel like you’re running out of options.

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Una

OCTOBER 13, 2022

Current Events Impacting Procurement. Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. In other words, procurement is at significant risk of disruption, but this risk can be mitigated through a combination of strategies. .

Procurement 98

Procurement Agile and Lean Supply Chain Price Supply chain 98

Una

AUGUST 9, 2023

How to Accelerate Savings in Procurement Without Cutting Corners Strategies showing how to accelerate savings in procurement without compromising product quality, integrity, or effectiveness. Speeding up the procurement process is one way to achieve these goals. Your objective? To reach your destination faster than ever before.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Una

SEPTEMBER 26, 2023

In this article, we explore how supplier relationships become damaged, why these relationships are often worth saving, and offer advice on how to repair them effectively. Similarly, procurement professionals often face pressure to cut costs, and price negotiations can become heated, potentially souring the supplier relationship.

Suppliers 52

Suppliers Supply Chain Efficiency Negotiation Supply chain 52

Una

SEPTEMBER 20, 2022

In the same article, John-David Lovelock, Gartner’s research Vice President, said, “Organizations that do not invest in the short term will likely fall behind in the medium term and risk not being around in the long term.” Consequently, the likelihood of IT spending mistakes is even greater today with more serious consequences.

Budget 98

Budget Purchasing Collaboration Vendor management 98

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Proceed at your own risk. Even for seasoned audiences inured to horror tropes, the writers still manage to inspire fear. Even for seasoned audiences inured to horror tropes, the writers still manage to inspire fear. By Hugo Britt | August 4, 2022.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Una

AUGUST 2, 2022

5 Technology Trends in Procurement. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. According to Verified Market Research , the global procurement software market will grow from $5.5 Technology trends in procurement. Cloud migration.

Procurement 98

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

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. What is lean procurement? Create strategic focus.

Agile and Lean Supply Chain 98

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

Una

SEPTEMBER 15, 2022

Redefining the Value Proposition of Procurement. The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from those individuals. The value proposition of procurement. By Hugo Britt | September 15, 2022.

Procurement 98

Procurement Agile and Lean Supply Chain Purchasing Purchase orders 98

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. the hybrid work model). Did the pandemic already write procurement’s future?

Procurement 98

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

Una

NOVEMBER 7, 2022

IT Innovation and Procurement as the Driving Force. Or is it procurement? Everybody has a role to play in bringing IT innovation into the organization. Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision.

Innovation 93

Innovation Procurement Suppliers Purchasing 93

Una

AUGUST 8, 2023

Getting Strategic About Sustainability in Procurement Tips for getting strategic about sustainability in procurement and the best practices to adopt to foster a more responsible future. By Hugo Britt | August 8, 2023 Search Search Sustainability doesn’t happen by taking ad hoc or sporadic action in procurement.

Sustainability 52

Sustainability Procurement Procurement team Procurement strategies 52

Una

JULY 3, 2023

Procurement-Specific Leadership Skills Along with thorough understanding and experience, here are eight procurement-specific leadership skills that will make you a better leader. Procurement-specific leadership skills We disagree.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Unfortunately, implementing changes in procurement can be a bit like that. Why do people resist change?

Change management 52

Change management Management Procurement Leadership 52

Una

JANUARY 24, 2024

Balancing Procurement's Biggest Priorities in the Fast Lane No matter the industry, Sourcing Heroes need to be adept at identifying and balancing procurement’s priorities to make the biggest impact.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Innovation Procurement 52

Una

AUGUST 21, 2023

The Human Factor in Strategic Sourcing How to allow for the human factor in strategic sourcing to drive the success of procurement process optimization and cost efficiency efforts. It’s a reminder that even the most carefully laid plans must allow for the human element, or risk derailment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Ethics 52

Una

AUGUST 23, 2022

How to Improve Collaboration Between Procurement and IT. How to improve collaboration between the procurement and IT functions. In episode 56 of the Sourcing Hero podcast , Kelly Barner spoke with Barry Rogers, Senior Manager of Strategic Sourcing and Procurement at New Relic, Inc., By Hugo Britt | August 23, 2022.

Collaboration 98

Collaboration Procurement Purchasing Data 98