Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Procurement Tactics

NOVEMBER 23, 2022

Or receive our famous weekly newsletter. It includes easy access to capital and markets, increased profits, improved brand image, gaining more customers, and better decision-making and risk management processes. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022.

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business.

Management 178

Management supply chain budgeting Procurement Negotiation 178

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.

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Procurement Tactics

JANUARY 13, 2023

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Gartner Supply Chain Symposium 2023. The Gartner Supply Chain Symposium 2023 is a well-known conference by many supply chain professionals. Lessen the risks and quickly respond to disruptions.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Procurement Leaders

FEBRUARY 6, 2024

While none of those on the call believed that a Chinese invasion was likely within five years, all agreed that the landscape will evolve, bringing with it unique challenges to global supply chains and semiconductor markets.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Una

JUNE 21, 2023

Sanja is the Head of Enterprise Procurement, Outsourcing & Third-Party Risk Management for Home Capital Group. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Sanja Cancar-Todorovic.

Risk management 52

Risk management Supply chain Sourcing Procurement 52

The Procuretech Podcast

MAY 24, 2022

This week we're talking about supply chains. More specifically, where does the line lie between procurement and supply chain? Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? He says yes, definitely.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

Arkestro

MARCH 8, 2024

These awards recognize outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. “Many of today’s supply chain pros are more than just leaders within their space; they’re innovators, decision-makers, pioneers of change and growth.

Demand 52

Demand Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 96

Purchasing Risk Management Procurement 96

Procurement Tactics

NOVEMBER 21, 2022

Or receive our famous weekly newsletter. Proper execution of the CSR concept may bring a lot of competitive advantages such as improved access to capital and markets, increased profits, improved brand reputation, gaining more loyal customers, better decision-making, and risk management processes. . Download Free Whitepaper ?. ?.

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

The Procuretech Podcast

MARCH 12, 2024

Moreover, the podcast outlines various factors justifying ProcureTech investment, including cost savings through streamlined processes, risk management in complex supply chains, enhanced supplier relationship management, and the promotion of sustainability initiatives. 00:23:15] Supply chain disruption and risk. [00:27:30-00:27:40]

supply chain budgeting 40

supply chain budgeting Budget supply chain software solutions Procurement 40

Procurement Tactics

OCTOBER 18, 2022

Or receive our famous weekly newsletter. Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. What is Supplier Relationship Management Software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

OCTOBER 13, 2022

Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. Strategic sourcing is a part of the supply chain and puts an emphasis on customized solutions and strategic partnerships.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

The Procuretech Podcast

JULY 18, 2023

10:05 The supply chain is so critical to everybody's business. No business would survive without a supply chain. 19:46 Risk management and Unispace What Unispace is all about. Evolving towards a full-stack supplier risk management tool. 22:23 Risk and the Canopy platform. Stay in touch!

supply chain software solutions 40

supply chain software solutions Risk management Risk Procurement 40

Una

JANUARY 29, 2024

I’ve started this newsletter to share my thoughts on news and issues that affect the global supply landscape. Let me stress from the start that the thoughts and opinions in this newsletter are my own. What would it mean for supply chains? There’s an unsubscribe link below, but why not check it out first?

Agile and Lean Supply Chain 52

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

Una

MARCH 30, 2023

Additional resource: How to Prioritize SRM Activities Risk management Procurement can also focus on identifying and mitigating supply chain risks such as disruptions, delays, and quality issues. This can help support underrepresented businesses and create a more inclusive supply chain.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 52

Purchasing Risk Management Procurement 52

Una

JULY 3, 2023

Risk management Procurement leaders play a critical role in assessing and mitigating risks associated with the supply chain. They monitor their organization’s risk appetite, oversee the implementation of risk management frameworks, monitor market trends, and proactively identify potential disruptions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

Una

NOVEMBER 29, 2023

This can include implementing a formal Supplier Relationship Management (SRM) program, sharing your strategy with key suppliers, collaborating on cost-saving initiatives, and ensuring a reliable and efficient supply chain. Develop contingency plans and strategies to safeguard your organization’s procurement operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

Una

APRIL 13, 2023

Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers. The more critical a supplier is to business continuity, the closer a supplier will need to be monitored.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. Procurement was expected to generate one-third of the expected business value; transforming procurement and supply chain was key.

Procurement strategies 95

Procurement strategies Innovation Strategy Procurement 95

Una

APRIL 25, 2023

Here are some of the factors that cause time constraints in procurement: Increased complexity The globalization of markets and the expansion of the supply chain bring cost benefits, but have also led to an increase in the volume and complexity of procurement activities. Why are Sourcing Heroes so often time-poor in procurement?

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Una

APRIL 9, 2024

Additional benefits of partnering with a GPO include: Supply chain management assistance: GPOs provide valuable cost-avoidance solutions when trying to manage the purchasing and negotiation process with suppliers. The real value, however, is found when you look beyond cost savings.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Una

AUGUST 31, 2023

Supplier diversity Maintaining a diverse supplier base is important in terms of risk mitigation and ESG. Small businesses may struggle to find and engage with diverse suppliers, potentially missing out on valuable opportunities and risking reputational damage.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Una

JULY 18, 2023

Transforming invisible spend into visible and manageable data will enable you to make data-driven decisions and drive significant value for your organization. A Snapshot of Supply Chain Technology How to Improve Procurement Efficiency Tips for Building an Effective Procurement Data Strategy 4.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Sustainability 52

Una

FEBRUARY 22, 2023

These cost savings strategies take longer (years, in some cases), but will ultimately pay off with ongoing value: Digitization of procurement Supplier Relationship Management ( SRM ) Improved visibility and transparency Shifting to a centralized, decentralized, or hybrid model, based on organizational requirements Establish a Just-in-Time supply chain (..)

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Una

SEPTEMBER 21, 2023

It involves identifying and mitigating potential risks and inefficiencies in the procurement process. Here are some ways to avoid costs: Risk management Cost avoidance starts with a thorough assessment of potential risks in the procurement process.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52

Planergy

JANUARY 19, 2024

Vendor analysis is crucial for risk management. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! Vendor Risk Analysis This analysis identifies potential risks associated with a supplier. What is Vendor Analysis?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. At the same time banks have to invest in new technology to ‘reinvent the industry’,” Carande said. Attijariwafa also trained all users (buyers, authorizers etc.)

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

The Good Spending

AUGUST 23, 2022

Procurement must work closely with the supply chain to optimize depreciation exposure to sell or dispose of slow-moving or obsolete inventories. We must smoothen and optimize the operational processes, orchestrate the supply chain, and carry the mandatory paperwork burden. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Una

JULY 13, 2023

In addition to procurement practitioners and supply chain professionals, The Sourcing Hero now features guests from a variety of industries and career paths, each with a narrative that is relatable and relevant. With over 120 episodes – and rapidly approaching 20,000 downloads – the show has naturally evolved.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52