Strategic sourcing Related Topics 
Procurement Tactics
OCTOBER 13, 2022
Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is.
Una
NOVEMBER 1, 2022
Benefits of Strategic Sourcing and Best Practices. Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies.
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RPF360
JANUARY 19, 2023
Strategic sourcing managers focus on maximizing the value of vendor relationships. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360. It's a specialized skill and a rewarding path.
Procurement Freelancers
FEBRUARY 14, 2023
Planning and strategy are necessary when sourcing goods from another nation. It is not like… The post Importance Of Strategic Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News. Sourcing/Category Management sourcing consultants
All Things Supply Chain
MARCH 16, 2022
With the advent of COVID-19 pandemic, supply chains and demand have been massively disrupted and are causing inventory issues, unclear delivery reliability, and a significant risk in single-source supplier circumstances.…
ivalua
AUGUST 12, 2021
The post Consero: Procurement & Strategic Sourcing Forum appeared first on Ivalua
Supply Chain Brain
MARCH 23, 2023
Strategic sourcing aims to create long-term value by optimizing the procurement process
ivalua
NOVEMBER 28, 2020
The post Consero – Procurement & Strategic Sourcing Virtual Forum appeared first on Ivalua
ivalua
DECEMBER 7, 2022
Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. Redwood City, CA, December 7, 2022.
ivalua
OCTOBER 4, 2021
Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . The post Crelan Digitizes Strategic Sourcing with Ivalua appeared first on Ivalua
RPF360
JUNE 22, 2022
The post RFP360 ascends to a leading position in G2’s Grid for Strategic Sourcing appeared first on RFP360. RFP360 has been named a leader and momentum leader in the Summer 2022 G2 Grid Reports. The honor is based on customer feedback and market presence.
ivalua
JUNE 24, 2015
Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. As a sourcing professional, big data can help you automate and streamline your job – if you have the right tools. This magnifies drastically when you multiply across all of sourcing, as well as suppliers, engineers, and managers. Now let’s turn to why you, as a sourcing professional, should care more about big data.
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.
Sourcing Solved
MARCH 15, 2022
Let’s face it, based on how automation and the advent of AI technologies are transforming the role of procurement professionals from functional to strategic; it makes sense to look for new skills. The post Should Organisations Use A Strategic Sourcing Approach To Recruit Talent?
ivalua
JULY 15, 2015
Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.
ivalua
JULY 22, 2015
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. The post Strategic sourcing enters a new age.
Supply Chain Brain
OCTOBER 7, 2020
As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing strategies, too
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.
Supply Chain Brain
JANUARY 27, 2022
This technology is changing the game for supply chain sourcing professionals, putting them in a position to streamline processes, mitigate supply disruptions, save money and significantly add to their top and bottom lines
ivalua
FEBRUARY 14, 2019
The post Veolia Strategic Sourcing Complexity Simplified and Transformed with a User-Friendly Platform appeared first on Ivalua
ivalua
NOVEMBER 25, 2015
However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. In manufacturing, it is the strategic sourcing group that finds the best component parts for new product introductions. Blog Featured Strategic Sourcing Supplier Management
Procurement Freelancers
JUNE 6, 2022
Many companies do so but face several… The post Reasons Why A Strategic Sourcing Consultant Is Important In An Organization first appeared on Procurement Blog | Procurement & Supply Chain News. Sourcing/Category Management sourcing consultant
Supply Chain Opz
JANUARY 19, 2015
Strategic Sourcing has been used by companies of all sizes for years. In many companies, purchasing thus underwent a significant shift from being rather transactional and tactical, to a more strategic function, able to influence company growth. This commentary highlights some of the key principles to strategic sourcing. Conclusion Strategic sourcing is about managing supplier relationships, treating suppliers as valuable partners, and encouraging idea exchange.
ivalua
NOVEMBER 19, 2015
If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. And this is exactly where sourcing and supply chain professionals can make a name for themselves. This allows you to have flexibility in market pricing and creates various promotional and strategic pricing options. The post Want to be a Strategic Sourcing Rising Star?
Arkestro
MARCH 13, 2023
Automotive sourcing is complicated, and few supply chains are as complex. Automotive parts shortages add to the layers of complexity in your automotive sourcing strategy. A collection of spreadsheets is not going to cut it for your automotive sourcing strategy.
Una
SEPTEMBER 20, 2022
Una’s team of Sourcing Advisors is here to help. Article Category Management Procurement Strategy Procurement Technology Strategic SourcingHow to Adjust to Evolving Technology Costs & Avoid IT Spending Mistakes. By Eric Edwards | September 20, 2022.
Una
JULY 12, 2022
As professionals in the procurement and supply chain industries, we’ve realized the importance of expanding our networks, diversifying our sourcing strategies, and reaching out to new potential supplier partners to ensure procurement is able to fulfill its obligations.
Let's Talk Supply Chain
JANUARY 9, 2023
15.34] A deeper dive into TraceGains Gather, a marketplace that invites customers to “experience sourcing nirvana.”. Today I’m joined by TraceGains , the world’s only networked ingredients marketplace. Founded in 2008, TraceGains connects people and information so teams can work smarter.
ivalua
NOVEMBER 18, 2020
But even these numbers show significant improvement is needed, as these manual, repetitive tasks are a constant drain on employee productivity and prevent spending time on more strategic objectives. . Strategic Sourcing
Sourcing Solved
MARCH 31, 2022
I was delighted when Tesca Group CPO Nadia Stoykov agreed to write an article for the Sourcing Solved Community Blog. Of the many points, she discusses in supporting her strategic sourcing approach, the ones she made at the end of the article resonate with me.
Una
JUNE 28, 2022
If it’s your job to source and procure tech providers and services for your organization, here are 5 essential technology solutions for businesses, regardless of company shape or size – and how you can save money on all of them. 5 Essential Technology Solutions for Businesses.
ivalua
SEPTEMBER 2, 2019
Why did these outsiders want to know about our key strategic suppliers? . Financial Services Legislation EBA guidelines eprocurement financial services procurement outsourcing peter smith procurement risk management strategic sourcing process strategic suppliers supplier relationship management suppliers riskPeter Smith, Managing Director, Procurement Excellence Ltd.
Planergy
NOVEMBER 29, 2022
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Clients and results. More Customers.
ivalua
JULY 27, 2015
attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. Uncategorized strategic sourcing supplier value management
ivalua
JULY 6, 2015
The strategic sourcing technology market is a crowded space. Walk the exhibit floor at the annual ISM conference and you’ll easily find more than 40 providers offering a wide variety of e-sourcing solutions. So how do you know if you have the right sourcing technology for your business? Are you strategically sourcing enough of your spend and achieving cost improvement targets? Are your direct materials sourcing teams really adopting the solution?
Jaggaer
NOVEMBER 29, 2018
In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. After being named a Leader by Gartner analysts in Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites and Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites*, JAGGAER was recognized on Gartner Peer Insights as a direct reflection of customer satisfaction.
Zycus Cognitive Procurement
FEBRUARY 4, 2021
Despite sourcing being central to supply chain and procurement processes and the business as a whole, it continues to take a backseat in most organizations’ digital transformation priorities. However, in a worrying trend, 1 in 3 organizations isn’t sure where to start digitalizing their sourcing & procurement processes, despite nearly 84% admitting its criticality. . However, large-scale sourcing is an increasingly common procurement scenario.
ivalua
MARCH 11, 2015
In a recent Sourcing Journal Online article, Sourcing is Hard , Mike Todaro, managing director of the Americas Apparel Producers’ Network, quotes Barbara Zeins, an industry expert that published a short list of “9 Big FAT Garment Lies,” which we might as well call “Global Sourcing Lies,” more generally. The post Universal Supply Chain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Blog Strategic Sourcing Supply Chain
ivalua
JULY 27, 2015
attempt to make a point about the relative value of strategic sourcing, I failed to realize that thought leadership is apparently the exclusive domain of pundits. That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. Blog Supplier Value Management Strategic Sourcing
RPF360
NOVEMBER 17, 2022
Spend Matters has recognized RFP360 as a strategic sourcing value leader in their Spring 2022 SolutionMap evaluation. The RFP management system features RFP automation, RFP process workflows and more making it a powerful request for proposal tool.
RPF360
JUNE 2, 2022
Spend Matters has recognized RFP360 as a strategic sourcing value leader in their Spring 2022 SolutionMap evaluation. The RFP management system features RFP automation, RFP process workflows and more making it a powerful request for proposal tool.
Supply Chain Brain
JUNE 2, 2020
How strategic sourcing has become a competitive advantage for CPOs and their companies
SCMR (Supply Chain Management Review)
SEPTEMBER 4, 2022
On this Episode of Frictionless, Bernadine Henderson, Director of Strategic Sourcing and Global Procurement at Protolabs talks to Rosemary Coates about procurement in a prototyping and small-lot environment
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