Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. A RFQ is used for low cost purchases and a PQQ is typically used for higher cost tenders. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Stakeholders : Procurement involves multiple internal stakeholders across the organization. Purchasing's value-add is more limited.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. in the 2021 study to 10.9%.”

supply chain budgeting 71

supply chain budgeting Budget Agile and Lean Supply Chain Risk 71

The Procuretech Podcast

OCTOBER 10, 2023

The second section focuses on procurement technology trends, including generative AI's potential role in source-to-pay and procure-to-pay processes. 00:22:03] Tech companies cutting marketing budget. [00:25:48] 00:25:48] Boom in sustainability and supply chain transparency reporting software.

supply chain software solutions 40

supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 40

Una

OCTOBER 26, 2023

From being seen as a compliance-related cost-center, ESG is now understood as a source of potential value generation. Reducing plastic packaging, for example, will not only help meet environmental targets, but will reduce costs and improve brand perception among environmentally-conscious consumers.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Barkers Procurement

JANUARY 8, 2023

To manage categories successfully, you should respect several major principles of the practice: cross functional working, the use of facts and data, a strong supply market knowledge, open-ness to change and stakeholder engagement. You’ll be able to see where you could reduce costs in your category.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52

The Procuretech Podcast

OCTOBER 12, 2022

From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. Her mission is to help individuals and businesses understand technology, improve processes and align with stakeholders. She spent the first third of her career in supply chain roles for Johnson and Johnson. That's the Holy Grail, isn't it?

supply chain budgeting 40

supply chain budgeting supply chain software solutions Supply chain Supply 40