NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

In the relentless ebb and flow of the business world, one undeniable truth emerges with crystal clarity: the power of procurement skills isn’t just a valuable asset; it’s the lifeline of a resilient and thriving business, and the clock is ticking. So, how can your company future-proof itself against these challenges?

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Purchasing 52

Una

APRIL 27, 2023

Pain Points in Procurement Series The Consequences of Getting Procurement Involved Too Late Avoid getting procurement involved too late in the purchasing process. Learn how to engage stakeholders early to amplify the value procurement brings to the table. The phone rings at the local fire station.

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 99

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 99

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 97

Management Procurement Contract management Supply Chain Optimization 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

IBM Supply Chain Blog

FEBRUARY 13, 2024

Design content, ad campaigns and innovative products that build better customer experiences. Generative AI uses advanced machine learning algorithms and techniques to analyze patterns and build statistical models. The result will be unusable if a user prompts the model to write a factual news article.

Data 128

Data Ethics Quality Project management 128

IBM Supply Chain Blog

APRIL 25, 2024

The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization. Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change.

Supply Chain Efficiency 56

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 56

Una

NOVEMBER 2, 2023

If you have aspirations to become the Clapton of procurement, you will need to use every tool at your disposal. Working with a GPO In our many conversations with procurement professionals, we’ve often encountered a concern that partnering with a group purchasing organization (GPO) will somehow make the individual less effective at their job.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

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

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Supply Chain Game Changer

MARCH 28, 2020

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. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Claritum

AUGUST 4, 2020

Read the article at claritum.com. Introduction Procurement is a complex. multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. resource within the business.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

EazyStock

JUNE 10, 2022

Keeping on top of your to-do list, building supplier and customer relationships, and tracking orders and deliveries is challenging even for the most organized and efficient inventory manager. Many apps have free options or team discounts, so they won’t involve adding significant numbers to your already tight budgets.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization supply chain software solutions Inventory 52

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Supply Chain Game Changer

APRIL 29, 2021

Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined!

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. Buyers can score each bid manually, and they can compare offers in a side-by-side view.

Sourcing 75

Sourcing Bidding Price Suppliers 75

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Claritum

MAY 11, 2020

Claritum Article - Procurement Blog. This article explores the use of technology to provide a platform for Buyers and Sellers to interact during a major disruption resulting in the absence of face to face or event-based exploration of partnerships. During this Pandemic the dynamics have changed significantly.

Buyers 41

Buyers Suppliers Collaboration Procurement 41

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. It then awards sufficient funding and resources to make this happen. Happy days – reach for the 5P model!

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. At EmpoweringCPO, we believe that knowledge is power.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Or co-design with your R&D team through joint research and development.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Claritum

MAY 11, 2020

This article explores the use of technology to provide a platform for Buyers and Sellers to interact during a major disruption resulting in. During this Pandemic the dynamics. Also, most businesses either have all or some of their Procurement. and Sales professionals working remotely, or working with smaller teams.

Buyers 32

Buyers Suppliers Collaboration Budget 32

Pipefy

JANUARY 9, 2024

In this article, we will dive into seven key areas where the practice of making existing processes faster, more accurate, more efficient, and more reliable can make a tangible difference. Procurement process optimization to achieve cost savings and better supplier relationships with digital solutions.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 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. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Software

JANUARY 23, 2024

From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. We take a look at early stage and growth startups from a country steeped in technological innovation and industrial dynamism.

Procurement 52

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

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Bertrand Maltaverne looks at Sourcing. They do this in part by integrating sourcing processes with contracting, supplier management and P2P.

Sourcing 82

Sourcing Bidding Price Suppliers 82

Procurement Software

JUNE 13, 2023

Knowing which solution is suited to your business and level of procurement maturity is a minefield. In this article, we’re going to focus predominantly on the second trend. We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. There are so many, in fact, that we expanded our article to include 25 of them. What started out as a top 10 article quickly became obvious that we needed to cover more! Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

Real-time Visibility 52

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

Jaggaer

SEPTEMBER 29, 2020

Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. When is it time to move from the tactical to the strategic? The inflection point or trigger may come about earlier.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

World of Procurement podcast

JUNE 15, 2021

I mean, if I look at some of their headlines, some of the more recent news articles you can see here that in their series, a they've just raised $14 million and they've had an early Tesla investor, the west D group, actually fund or invest, in that round. Doug Johnson-Poensgen is the Chief Executive Officer and Co-Founder of Circulor.

Sustainability 52

Sustainability Real-time Visibility Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

OCTOBER 15, 2019

Procurement is a core function in every single company. Whether purchasing goods or services to support the company’s product offering or purchasing goods or services to support the infrastructure and operation of the company, Procurement is key. What Exactly is Procurement? What Exactly Is Procurement?

Procurement 11

Procurement Category management Supplier relationship management Purchase orders 11

Supply Chain Game Changer

NOVEMBER 21, 2018

Check out Augmented Reality (AR) is Set to Transform Retail and the Supply Chain! Augmented Reality enables transformational change! When I started in the distribution space, I was told “…business is simple…cases in, cases out.” Reports were on green bar paper and forklifts were everywhere. Starting out in an ambient distribution center.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 68

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. Introduction.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Procurement Tactics

JULY 11, 2022

33 Procurement Interview Questions in 2022. Procurement Case Studies – 10 Insightful Examples. For this article, we will check ten negotiation and procurement case studies that can give you insight into how to negotiate with the other party. First Name. Download Free PDF. Or receive our famous weekly newsletter.

Negotiation 130

Negotiation Procurement Bidding Ethics 130