World of Procurement blog

APRIL 24, 2024

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. This credential is a testament to one's expertise in finance, supplier relationship management, and organizational global strategy.

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Disruptions in global supply chains, labor market shortages, strong consumer demand.

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Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

MARCH 17, 2021

To reduce inefficiencies and fraud, grant activities are governed by several regulations including these two relatively recently enacted laws: The Digital Accountability and Transparency Act of 2014 (DATA Act) – This law expands on federal awards reporting reforms that began with the Federal Funding Accountability and Transparency Act of 2006.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Arkestro

JANUARY 23, 2024

Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Buyers 52

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. Guided by these principles, companies proactively eliminate unethical practices throughout the supply chain. What is ethical procurement?

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

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 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

NLPA (Next Level Purchasing Association)

AUGUST 23, 2022

It helps enhance profitability by reducing extra expenses and by, minimizing delays and speeding up the supply chain. The table below provides some interesting information concerning the percentage of organizations that even have a Supply Chain Strategy. Table 1, Supply Chain Strategy data. We got you.

Procurement strategies 52

Procurement strategies Strategy Procurement Supply Chain Efficiency 52

Jaggaer

APRIL 14, 2020

This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers. Coronavirus will lead to permanent changes in global supply chains.”.

supply chain budgeting 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Purchasing 52

Supply Chain Game Changer

MAY 27, 2020

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! For supply chain professionals, supply chains and our underlying assumptions will certainly need to adapt. Supply Chains do not move easily, and transitions are not inexpensive.

Supply Chain Efficiency 132

Supply Chain Efficiency Supply chain Suppliers Strategy 132

Arkestro

MAY 9, 2023

Simply put, organizations still aren’t harnessing the power of technology to its full effect — and they’re missing out on countless opportunities to optimize spending, decision-making, sourcing, and results. Ardent Parner’s research proves that competitive sourcing directly increases savings rates.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Jaggaer

FEBRUARY 18, 2020

The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk.

Suppliers 103

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supplier relationship management 103

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. This blog will help you become a better procurement manager by providing you the latest updates on procurement digitization. However, talent management and innovation are expected to be the long term investments. .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Barkers Procurement

MAY 16, 2023

IPSERA is the International Purchasing and Supply Education and Research Association that brings over 300 academics from across the world to discuss the latest knowledge and insights on procurement and supply chain thinking. On the one hand, shifting to a circular model requires rethinking how we source and manage resources.

Procurement 52

Procurement Supply Chain Efficiency Collaboration Sustainability 52

Positive Purchasing

DECEMBER 6, 2022

Supply chain sustainability Make no mistake, sustainability in the supply chain is a real challenge, especially where operations are geographically and contractually distant and employment practices, attitudes, and legislation differ. These lower tiers of the supply base often contain the biggest risk.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 13, 2018

As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost. A Paradigm Shift in the Procurement Function. So what are the new realities?

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. The most efficient answer has been provided by online learning tools that have made it possible to explore the latest benefits of technology and still stay within the typical study methods that have been implemented before. appeared first on Supply Chain Game Changer™.

supply chain software solutions 84

supply chain software solutions Supply Chain Efficiency Supply chain Data 84

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

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. Failure to conduct benchmarking can lead to missed cost savings, efficiency improvements, and process optimization opportunities.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. But there is a profoundly significant Procurement value chain. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain. This begins with the CPO (or your head of Supply Chain or Procurement). Subscribe Here! Email Address.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing. Subscribe Here! Email Address. 7 KPIs Your Procurement Team May Be Ignoring!

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Procurement Templates

APRIL 10, 2022

The outsourcing trend and the growing importance of supply chains are affecting working conditions, as well as the health and safety of suppliers and contractors, all of which need to be consolidated and addressed in weekly or monthly meetings. any initial supply chain.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

Procurement Heads

JANUARY 4, 2023

Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches. I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. The Procurement Value Chain Continuum. They have an end to end view of the Supply Chain. This begins with the CPO (or your head of Supply Chain or Procurement). appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Supply Chain Game Changer

NOVEMBER 11, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. It’s no secret that transparency is the name of the game in today’s world-class Supply Chains. It’s transparent, which makes it valuable for audits.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Supply chain Supply 59

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. The Result.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

SPLC’s highest honor was presented to Bon Appétit Management Company for having put in place a comprehensive sustainable purchasing program that exemplifies the qualities defined in SPLC’s Principles for Leadership in Sustainable Purchasing. Custodial Supplies Management. Con Edison Sustainable Supply Chain Success.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Una

JULY 25, 2023

Doing so reveals the topics that our community of procurement and supply managers are most interested in, from the latest trends to perennial topics that will never go out of date. The role of sourcing is the same, no matter who your CPO’s boss is, right? Procurement and Supply Chain: What’s the Difference?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category 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. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. The Strategic Sourcing Matrix Let’s start with the classical view, which is the adapted Strategic Sourcing matrix. Project procurement should be fast!

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Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

Jaggaer

SEPTEMBER 29, 2020

Whichever way you look at it, most SME (small to medium enterprises) and large companies alike have found managing supply chains and their spend very difficult compared to how it was just a few months ago. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. Subscribe Here! Email Address.

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Procurement Purchasing Negotiation supply chain software solutions 68

Procurement Templates

JUNE 18, 2023

Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success. Attend workshops, seminars, and conferences related to procurement and supply chain management.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147