Una

AUGUST 9, 2022

In this article, we’ll explore ways to achieve cost reduction in procurement and ensure business continuity in times of economic uncertainty. Consumers are paying more than double at the gas pump compared to two years ago, having to wait months for new vehicles, and dealing with inflation hitting a 40-year high. in April 2020.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Una

FEBRUARY 27, 2023

According to Korn Ferry’s Future of Work report, more than 85 million jobs could go unfilled by 2030 due to a global skills shortage. According to Korn Ferry’s Future of Work report, more than 85 million jobs could go unfilled by 2030 due to a global skills shortage. What’s causing the talent shortage?

Procurement 97

Procurement Procurement team Purchasing Risk 97

Una

FEBRUARY 20, 2023

Focusing on sustainability and partnering with a GPO can lead to greater cost reduction and better spend management, as well. Traditional value drivers in procurement Here are the more traditional go-to methods you’ll see utilized when forming an overall procurement strategy.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Una

NOVEMBER 30, 2022

But procurement professionals and their executive leaders are realizing that digital procurement technology can create a better overall value proposition for their company, in addition to the traditional goal of finding more significant cost savings. How and why is this happening? 5 Benefits of digital transformation in procurement.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Una

DECEMBER 5, 2023

Why You Should Hire Older Individuals to Work in Procurement Learn why it makes sense to hire older individuals to work in procurement and take advantage of their talent and experience. Well, times have changed. The notion of a mandatory retirement age is becoming as outdated as fax machines in the age of Zoom calls.

Procurement 52

Procurement Procurement team Negotiation Collaboration 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. By Mackenzie Oakley | February 23, 2023 Search Have you heard the saying “low-hanging fruit” mentioned before in your business meetings?

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 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. However, there are compelling reasons why it’s often more advantageous to repair these damaged connections. Why Salvage Damaged Supplier Relationships?

Suppliers 52

Suppliers Supply Chain Efficiency Negotiation Supply chain 52

Una

DECEMBER 20, 2022

The shift to the project economy has been so subtle that perhaps you haven’t noticed it happening. More contingent workers are joining the organization to work on a particular project, then move on. More cross-functional teams are being formed to work on specific projects.

Procurement 98

Procurement Project management Procurement team Purchasing 98

Una

MARCH 1, 2023

Shifting procurement's mindset According to Anthony Clervi, Una’s CEO, and Senior Director Kris Lance, procurement’s greatest weakness lies in our own mindset or misconceptions, and shifting this mindset will give Sourcing Heroes the potential to unleash their superpowers and really make a difference. Economic weakness in the U.S.

Raw materials 97

Raw materials Purchasing Procurement Sourcing 97

Una

AUGUST 21, 2023

By Hugo Britt | August 22, 2023 Search Search Graham Greene’s gentle spy novel, The Human Factor, explores the psychological burden placed on ordinary people working in espionage during the Cold War. There are plenty of ways to see that any new plans you develop come to fruition. Clear communication about your strategy is essential.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Ethics 52

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. Failing to make full use of system features. By Hugo Britt | July 26, 2022.

supply chain software solutions 98

supply chain software solutions Supplier consolidation Purchasing Contract 98

Una

JULY 6, 2022

A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. GPOs also bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. Benefits of a Group Purchasing Organization. Savings and beyond. Cost Savings.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Una

OCTOBER 25, 2022

When it comes to improving procurement efficiency, though, a sourcing hero’s work is never truly done. Instead of sitting back, the profession must make a long-term and ongoing commitment to sharpening its sourcing processes. To make meaningful changes, you’ll first need to conduct a thorough review of your existing processes.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Una

SEPTEMBER 21, 2023

It’s more like a cost avoidance.” In this article, we clear up the difference between the two, their impact on your organization’s P&L, discuss how to choose the right strategy, and take a look at why some procurement professionals find the concept of cost avoidance controversial. You’re not alone.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52