Una

MARCH 30, 2023

In episode 100 of The Sourcing Hero podcast, our host Kelly Barner reels off a list of not-so-flattering nicknames for procurement she’s encountered that would make any purchasing professional wince. This can lead to better quality, faster delivery times, and more innovative solutions.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Una

MARCH 23, 2023

From a stakeholder’s perspective, procurement can seem sloth-like in the time it takes to complete what appears to be a simple purchase request. Limited resources: If procurement teams are understaffed or have limited resources , this can slow down the procurement process.

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Below, we explore nine different innovative purchasing concepts to help you start thinking outside of the box.

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Supply Chain Trend

NOVEMBER 27, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

Procurement Zen

MARCH 16, 2020

Works because of Cialdini’s concept of consistency and commitment. And no, I don’t want to make this article a political discussion. Have you ever purchased a car and wondered why the final price was so much higher then the offer price from the ad? The concept that plays for you here is FOMO - fear of missing out.

Negotiation 52

Negotiation Price Import Influencing 52