Una

JULY 3, 2023

They provide guidance on optimizing the sourcing process, enhancing supplier relationships, and leveraging procurement as a strategic function that adds value to the business. Procurement leaders may handle escalated issues and engage with suppliers at a strategic level to enhance collaboration and drive innovation.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Una

FEBRUARY 20, 2023

Stakeholder education is also important to help people understand why they should comply. Procurement continues to evolve into one of the most strategic business functions in any organization. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Positive Purchasing

NOVEMBER 9, 2023

Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. Collaboration is Key Ultimately this change of approach will require a shift towards more collaborative, flatter more cross-functional and relationship-based procurement.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Supply Chain Trend

JUNE 28, 2023

Extended Planning & Analysis (xP&A) , is the evolution of financial planning beyond the finance function. It requires planning that is highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Supply Chain Trend

DECEMBER 22, 2023

Many which I’ve highlighted over the years in blogs and articles. In the end, IBP is a philosophy, or belief system that strives for transparency, near perfect integration and alignment, both horizontal (between functions, BUs, even companies) and vertical (between strategy, planning and execution). And we sometimes already do.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Una

JUNE 27, 2023

The first 30 days in a procurement role In this article, we outline some key objectives you should aim to achieve during this critical period to pave the way for long-term success. But first, it’s important to understand the context of your role. Your next step is to hit the ground running and make a lasting impression.

Procurement 52

Procurement Collaboration Suppliers Procurement team 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. 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.

Suppliers 52

Suppliers Supply Chain Efficiency Negotiation Supply chain 52

Una

JULY 19, 2022

Developing a comprehensive procurement strategy ensures there is a vision for the sourcing function in place, helps guide procurement professionals through the decision making process, and clearly defines goals. We all know different purchasing scenarios will require us to follow certain processes or have criteria that needs to be met.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

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. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation. Introduction A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Una

NOVEMBER 1, 2022

In the same article, fast shipping by large retail outlets (1 or 2 days) has forced the same consumer expectations on smaller businesses (65%). . Benefits of Strategic Sourcing and Best Practices. By Eric Edwards | November 1, 2022. Today, however, the pandemic has shown procurement to be more than simply purchasing goods and services.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Una

AUGUST 9, 2023

This article delves into strategies for accelerating speed to savings in procurement without compromising on quality, integrity, and effectiveness. How to Accelerate Savings in Procurement Without Cutting Corners Strategies showing how to accelerate savings in procurement without compromising product quality, integrity, or effectiveness.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

NLPA (Next Level Purchasing Association)

JANUARY 14, 2022

This first step is deciding which categories are most important to you. Think back to the four relationship management approaches for working with suppliers: Supplier collaboration. Procurement Teams are responsible for an increasing number of suppliers. Supplier development is one way of working with a supplier to get what you need.

Suppliers 52

Suppliers Supply Project management Contract management 52

Planergy

DECEMBER 11, 2023

Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. MATs aim to band multiple schools together to strengthen all of them.

Leadership 52

Leadership Budget Collaboration Management 52

Supply Chain Trend

JUNE 29, 2023

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. It requires planning highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Supply Chain Trend

OCTOBER 29, 2021

The monthly cycle of S&OP meetings has been the forum in which a firm’s forecasts have been presented and reconciled across functional areas. For the longer-term decisions on planning and strategy, technology will augment the quality of human-centric decisions and nurture human-machine collaboration. KEY POINTS.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Game Changer

FEBRUARY 6, 2020

Lean management article originally published by Veridian at [link] Permission to publish here provided by Jason Rosing. As a philosophy, lean emphasizes minimization or elimination of excesses on all resources used in various operations of the enterprise. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Inventory Management supply chain budgeting 66

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

procurement is a critical business function that requires a unique set of skills and expertise. 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.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Una

MARCH 1, 2023

Anthony and Kris recently joined Kelly Barner the 100th episode of The Sourcing Hero podcast to discuss what procurement professionals are truly experiencing this year, along with the importance of embracing this positive attitude in the face of constant adversity. “As But there’s one thing that can harm the Man of Steel: kryptonite.

Raw materials 97

Raw materials Purchasing Procurement Sourcing 97

Una

AUGUST 11, 2022

First there was the work-life balance revolution made possible by remote collaboration technology, followed by the Great Resignation , an ongoing talent shortage with no end in sight, and – more recently – the “ Quiet Quitting ” movement. The True Impact of Procurement. By Hugo Britt | August 11, 2022. It’s no secret that the U.S.

Procurement 98

Procurement Contract Purchasing Sourcing 98

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Each and every function, within its own right, strives for excellence and achievement in order for a company to collectively grow, evolve, and thrive. Subscribe to Supply Chain Game Changer. Creating a High Performance Organization! Infographic).

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

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. Improving agility (56.9%), cost savings (56.9%), and better collaboration (50.6%) come next as the most expected benefits.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

Pipefy

JULY 12, 2023

It also promotes a culture of continuous improvement , which is increasingly important to a business’s long-term survival. Well-designed processes also encourage accountability and collaboration, increasing customer satisfaction, resource usage efficiency and product quality. The higher the maturity, the greater the performance.

Quality 52

Quality Management Quality management Suppliers 52

Supply Chain Trend

DECEMBER 19, 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 60

supply chain software solutions supply chain budgeting Innovation Budget 60

Procurement Software

FEBRUARY 20, 2024

Also, don’t miss our articles on Nordic (link), UK (link) and German (link) procuretech startups. Also, don’t miss our articles on Nordic (link), UK (link) and German (link) procuretech startups. European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Supply Chain Trend

NOVEMBER 16, 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 budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Planergy

JULY 5, 2022

As we become more aware of climate change and how it can affect the supply chain, environmental, social, and corporate governance, better known as ESG practices are now more important than ever. Cristian Maradiaga. King Ocean. Book a Live Demo. How to gain visibility and control of your indirect spend.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Supply Chain Trend

JULY 28, 2018

This article suggests three coaching phases to support leaders with behavioural change in their S&OP journey. Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). Coaching to change; overcome initial behavioural resistance.

Leadership 68

Leadership Supply Chain Efficiency Change management Real-time Visibility 68

Supply Chain Game Changer

NOVEMBER 13, 2018

In a previous article about supplier management , I suggested that the more a supplier tells you that they are strategic, the less they really are. This article will identify a taxonomy for a strategic partnership between two parties. Check out How To Differentiate With A Supplier Relationship Management (SRM) Program!

Suppliers 64

Suppliers Supply Chain Efficiency Supplier relationship management supply chain software solutions 64

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Supplier chain collaboration itself isn’t new.

Collaboration 66

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

Supply Chain Game Changer

NOVEMBER 14, 2018

Check out Supplier Collaboration is a Win-Win Strategy! This article will look at a model for stratifying and segmenting your supply base within the confines of a structured and formal supplier relationship program (SRP). Successful supplier programs depend on cross-functional integration and alignment. Basic Construct.

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44

Supply Chain Trend

JULY 28, 2018

This article suggests three coaching phases to support leaders with behavioural change in their S&OP journey. Effective S&OP requires commitment, trust, empowerment, role modeling, constructive engagement, and a collaborative spirit (Tuomikangas & Kaipia, 2014). Coaching to change; overcome initial behavioural resistance.

Leadership 60

Leadership Supply Chain Efficiency Change management Real-time Visibility 60

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

Supply Chain Game Changer

MARCH 6, 2019

Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. Her previous car no longer functioned at the same level it once did, and she needed to make a decision to adopt something new. Procurement is a business function that has undergone a lot of change in the last few years.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Procurement Software

MAY 9, 2023

This covers shows with enough episodes to be useful resources, and also from a broad range of procurement angles. This covers shows with enough episodes to be useful resources, and also from a broad range of procurement angles. NOTE: We will update this article approx. Sometimes, it’s hard to know where to start your search.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52