SCMDOJO

FEBRUARY 13, 2023

Read More: Top 16 Procurement KPIs – The Ultimate Guide ] Key Takeaways The procurement department is critical to an organization, obtaining quality goods and services at competitive prices while ensuring the organization’s resources are needed to succeed.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

ivalua

MAY 18, 2022

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Jaggaer

JULY 23, 2019

In recent years, these complex supplier networks have posed difficult challenges for the purchasing teams that are charged with ensuring that goods are made at the right price, are delivered on time and meet the right ethical and quality standards. But the word “quality” has taken on new dimensions, posing further challenges.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Sourcing and Supply Chain

JUNE 24, 2021

It maximizes value, efficiency, quality, and innovation, as well as mitigating risk. Thus, it needs a meticulous plan for category excellence as well as strategic sourcing which profitably ensures quality and timely supply. Category strategy excellence is a powerful tool that should be at the core of the procurement team’s work.

Category management 52

Category management Management Procurement Market analysis 52

SCMDOJO

APRIL 26, 2023

Steps to Keep in Mind when Implementing a Category Management Strategy Know your supply market and product positioning to leverage spending and create opportunities. Well, in-depth knowledge of the supply market will inform the best category management strategy.

Category management 77

Category management Management Supplier relationship management supply chain software solutions 77

Supply Chain Game Changer

NOVEMBER 24, 2018

His job involved buying, negotiating, contracts, overseas travel, sourcing, suppliers, parts, services, managing, supplier qualification, product qualification, terms and conditions, quality issues and delivery problems. But was that Procurement or was it Purchasing?

Purchasing 62

Purchasing Procurement Purchase orders Supply Chain Optimization 62

HICX

AUGUST 4, 2022

Furthermore, failure to tackle data quality issues created in the past will hamper the ability to obtain full visibility, thus creating even more ambiguity. In the same way that data quality is dictated by the adage of ‘what goes in is what comes out,’ the same is true of a brand.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Procurement Heads

APRIL 26, 2023

I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supply market insights. I enjoy spending quality time with my family and friends.

Agile and Lean Supply Chain 130

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

Procurement Heads

APRIL 26, 2023

I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supply market insights. I enjoy spending quality time with my family and friends.

Agile and Lean Supply Chain 130

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

Empowering CPO

JULY 2, 2023

How Procurement Fits into a Business’s Operations In the broader context of business operations, procurement is the crucial link between an organization’s internal needs and the external supply market. Moreover, procurement is often directly involved in achieving strategic business goals.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Supply Chain Game Changer

NOVEMBER 13, 2018

Strategic Sourcing is a comprehensive process aimed at obtaining maximum advantage on cost, technology, process and quality, by leveraging the company’s buying power with select suppliers, conducting best price evaluations, sourcing globally and conducting company/supplier joint process improvements.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Claritum

FEBRUARY 24, 2020

Short-listing of suppliers and assessment of the opportunities for cost reduction, quality improvement and revenue enhancement that exist. This is particularly important where problems are addressed contractually by, and between, project supply chain participants. Start a tendering process: RFI, RFP, RFQ.

Procurement 41

Procurement Purchasing Suppliers Sourcing 41

Claritum

FEBRUARY 24, 2020

Short-listing of suppliers and assessment of the opportunities for cost reduction, quality improvement and revenue enhancement that exist. This is particularly important where problems are addressed contractually by, and between, project supply chain participants. Start a tendering process: RFI, RFP, RFQ.

Procurement 32

Procurement Purchasing Suppliers Sourcing 32