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.
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.
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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.…
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.
ivalua
NOVEMBER 27, 2019
So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Good” strategic sourcing…. Doug Keeley, Product Marketing Manager, Ivalua.
Supply Chain Brain
MARCH 23, 2023
Strategic sourcing aims to create long-term value by optimizing the procurement process
Sourcing Solved
MARCH 15, 2022
Being able to think outside of the box is an attribute that is very important given our highly complex global supply chains. The only way to assess someone’s ability to think strategically is to know them beyond a job description. appeared first on Sourcing Solved.
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
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.
Let's Talk Supply Chain
JANUARY 9, 2023
As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data.
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 Game Changer
MARCH 14, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start.
Let's Talk Supply Chain
MARCH 23, 2023
With a decade hallmarked by disruption, consumers are more aware of supply chain and how industry shortages, talent gaps, and climate events impact their daily lives and local communities. How did you start your journey in supply chain?
Supply Chain Opz
JANUARY 19, 2015
Strategic Sourcing has been used by companies of all sizes for years. In our hypercompetitive market environment, which is characterized by customers demanding products and services that are “faster, better, and cheaper”, the help of supply chain partners is needed. 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.
Supply Chain Game Changer
AUGUST 24, 2021
Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Technologies to Optimize Supply Chain.
Una
FEBRUARY 13, 2023
What to Do When Supply Chains Break Your Heart Six helpful tips for what to do – and what NOT to do – when supply chains and supplier partners end up breaking your heart. Supply chain heartbreak is inevitable.
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity.
ivalua
JUNE 1, 2022
From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Making processes transparent enables everyone along the supply chain to react quickly.
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?
ivalua
FEBRUARY 25, 2021
ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? Why ERP Implementations Fail and will fail for Healthcare Supply Chains.
Let's Talk Supply Chain
JUNE 22, 2022
As an always-on, digital age and a disruptive industry landscape continue challenging the way we think about supply chain; women leaders are working to build the chain back smarter. At Let’s Talk Supply Chain we’re dedicated to lifting the voices of women leaders.
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. Her list of supply chain lies, which are re-quoted here, is nearly universal to all industries. Blog Strategic Sourcing Supply Chain
ivalua
JUNE 29, 2020
We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. hospitals are overspending on supply chain products and related operations, processes, and procedures by $25.7
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.
ivalua
MARCH 16, 2021
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.
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.
Supply Chain Game Changer
APRIL 16, 2020
Subscribe to Supply Chain Game Changer. Supply Chain Should Lead the Boardroom … the Coronavirus Proves it! We see the mountains that they’re moving every day, and with the eyes of the world on Supply Chains, we’re confident that the profession will get the job done.
ivalua
NOVEMBER 18, 2020
For procurement and supply chain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. Strategic Sourcing
Planergy
JANUARY 26, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Hanjin Shipping, the 7th largest shipping company in South Korea, went bankrupt and caused a 3% capacity reduction in the global supply chain.
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 you work in procurement and supply chain , you know there are hundreds of technology solutions geared toward making the purchasing process easier and more efficient. Benefits of Cloud-Based Supply Chain Management. Una’s team of Sourcing Advisors is here to help.
Supply Chain Game Changer
SEPTEMBER 16, 2020
Subscribe to Supply Chain Game Changer. Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com. Women have made tremendous strides in the Supply Chain Management profession. Subscribe Here! Email Address.
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. It can work for basic things like office supplies you don’t often need.
ivalua
MARCH 24, 2021
This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the 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. Uncategorized strategic sourcing supplier value management
Supply Chain Game Changer
JULY 31, 2019
Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. But failure to account for these factors can be a major bottleneck to growth, and many a startup has failed because of Supply Chain issues. But trust us, if you don’t have Supply Chain experience, you can’t.
ivalua
JULY 21, 2021
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.
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.
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. Supplier collaboration has always been a function of maintaining a delicate balance between demand and supply. Subscribe Here! Email Address.
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
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