ivalua

MARCH 17, 2021

To reduce inefficiencies and fraud, grant activities are governed by several regulations including these two relatively recently enacted laws: The Digital Accountability and Transparency Act of 2014 (DATA Act) – This law expands on federal awards reporting reforms that began with the Federal Funding Accountability and Transparency Act of 2006.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Purchasing 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability. What is a procurement strategy?

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Barkers Procurement

MARCH 3, 2022

Ethical procurement is a company’s code of conduct that drives everything from hiring and training talent to sourcing cost-effective supplies from socially responsible vendors. Guided by these principles, companies proactively eliminate unethical practices throughout the supply chain.

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

NLPA (Next Level Purchasing Association)

AUGUST 23, 2022

It helps enhance profitability by reducing extra expenses and by, minimizing delays and speeding up the supply chain. The table below provides some interesting information concerning the percentage of organizations that even have a Supply Chain Strategy. Table 1, Supply Chain Strategy data. We got you.

Procurement strategies 52

Procurement strategies Strategy Procurement Supply Chain Efficiency 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Una

APRIL 18, 2023

Mark is an experienced procurement leader with a broad area of focus including sourcing, supply management, contracts management, supplier relationship management, risk management, and inventory management. .” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. However, failing to strategically measure purchasing performance can have significant impacts.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

2018 LEADERSHIP AWARDS FOR SUSTAINABLE PURCHASING. Seven Organizations Recognized by Sustainable Purchasing Leadership Council. Each winner employs a wide range of sustainable purchasing strategies and documented the resulting environmental, social, and/or economic benefits in a case study. More about this case study.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Procurement Templates

APRIL 10, 2022

These are key topics that you should be discussing at your weekly or monthly purchasing team meetings. any initial supply chain. Setting key metrics for all of these things and discussing them in supply chain meetings will focus on these quality deficiencies. l they can raise issues they face, whatever they may be.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

Jaggaer

APRIL 14, 2020

Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains.

supply chain budgeting 52

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

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We need to ensure that we are spending money effectively and efficiently to maintain our organization’s profitability.” “Our

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Positive Purchasing

DECEMBER 6, 2022

Supply chain sustainability Make no mistake, sustainability in the supply chain is a real challenge, especially where operations are geographically and contractually distant and employment practices, attitudes, and legislation differ. These lower tiers of the supply base often contain the biggest risk.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Supply Chain Game Changer

MAY 27, 2020

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! For supply chain professionals, supply chains and our underlying assumptions will certainly need to adapt. Supply Chains do not move easily, and transitions are not inexpensive.

Supply Chain Efficiency 132

Supply Chain Efficiency Supply chain Suppliers Strategy 132

Barkers Procurement

MAY 16, 2023

IPSERA is the International Purchasing and Supply Education and Research Association that brings over 300 academics from across the world to discuss the latest knowledge and insights on procurement and supply chain thinking.

Procurement 52

Procurement Supply Chain Efficiency Collaboration Sustainability 52

Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Empowering CPO

JUNE 14, 2023

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. This can be achieved through reduction in prices of purchased products & services and reduction in their specific consumption.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

SCMDOJO

APRIL 22, 2022

For their part, the Logistics Manager is responsible for: This department handles raw material deliveries. Coordinates with the management team. Supply management. Industrial process and production management system mastery is required. The ability to manage a computerized data system. Know some more!

Logistics 120

Logistics Raw materials Supply Chain Efficiency Supply Chain Optimization 120

Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. The Procurement Value Chain Continuum. It tends to be a more reactive organization focussed on managing day to day tasks and fires. Subscribe Here!

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address. 7 KPIs Your Procurement Team May Be Ignoring! When I was a kid, my mom had a ’93 Ford Escort. She chose the hybrid route. Circular Economy.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. The Result.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

Finale Inventory

JUNE 29, 2022

Causes like supply management, marketing strategies and planning are all things businesses should focus on to prevent surpluses and shortages as much as they can. Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. We need cost efficiency internally and cost-effectiveness with our suppliers externally.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. These modules can be purchased separately or as one complete suite. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application.

Real-time Visibility 52

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

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. Do you really need to complete every step for every purchase? Does every purchase require an audit?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Procurement Insights

AUGUST 30, 2023

Posted on August 22, 2011 (Original post date May 2007) Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology – The Emergence of the Metaprise Each day for the next seven days I will be posting parts 1 through 7 from what is considered to be one of the most popular series in the Procurement Insights Blog’s history.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here!

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Jaggaer

SEPTEMBER 29, 2020

At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Una

MARCH 26, 2024

For procurement and supply managers, it’s like watching a live lesson about the consequences of reckless cost-cutting. Diminished production capacity within specific states and regions heightens dependence on purchases from other states or countries. What happens if a weather event disrupts the supply chain?

Quality 52

Quality Price Supply Chain Efficiency Management 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Supplier relationship management is a process for developing and managing collaborative relationships with suppliers at all levels to achieve the required business objectives and overall supply chain strategy. Tactical communications include daily interactions and updates on supply. Pulling It All Together .

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44