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The Guide to Writing the Supply Management Plan

All Things Supply Chain

Supply management is one of the key components of a successful business, regardless of its niche or service portfolio.

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Supply Management and Performance

NLPA (Next Level Purchasing Association)

One of the essential mechanisms of Supply Management and Performance is a Supplier Rating Program, where you will collect, analyze, and use data to optimize supplier performance. The Complete Supplier Management Strategy. Supplier Management Strategy.

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Why Supply Management Suites are Winning the Day: Best Practices for Procurement Technology Selection

ivalua

The post Why Supply Management Suites are Winning the Day: Best Practices for Procurement Technology Selection appeared first on Ivalua

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Have your say: Institute for Supply Management invites feedback on sustainability

PASA (Procurement and Supply Australasia)

Institute for Supply Management ® (ISM ® ) invites procurement and supply chain professionals to share their exposure to, experience with, and expertise in sustainability at the supply management and enterprise levels. .

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Strategic supply management powers companies through historic crises

SCMR (Supply Chain Management Review)

Kearney’s survey found those companies are just six percent of respondents to this 30th annual report

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Watch: The Increasing Pressure to Ensure Ethical Supply Management

Supply Chain Brain

Are companies taking their eye off the ball when it comes to monitoring the ethics of their suppliers

Ethics 119
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A Brand-New World: Reflections on Where Supply Management Is & Where It’s Going

Supply Chain Brain

After spending nearly two years tackling some of the most severe supply chain disruptions in history, it is not an exaggeration to suggest that many are only now regaining their bearings

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Optimize performance and improve customer satisfaction with digital supply management

Supply Chain Brain

Hear why brands like PVH apparel are employing a new approach to supply chain orchestration and execution, and how automation and visibility is helping improve customer service and performance

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In what ways has purchasing evolved over the past 40 years?

Procurement Insights

EDITOR’S NOTE: Join me in a great conversation on LinkedIn regarding purchasing’s evolution since the 1983 seminal Harvard Business Review article “Purchasing Must Become Supply Management” by Peter Kraljic. 30 Commentary procurement purchasing supply managemen

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Case Study: An Auto Manufacturer’s Supply Chain Goes From 0 to 60 (in less than a year)

NLPA (Next Level Purchasing Association)

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.

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IRT’s Critical Role in the Clinical Supply Chain

Supply Chain Brain

Interactive response technology (IRT), also referred to as randomization and trial supply management (RTSM), plays a central role in managing the drug supply during a randomized clinical trial

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Adding New Dimensions to the Kraljic Matrix

The Good Spending

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. There’s not much need to engage in category management activities, then.

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Do You Conduct an Annual Procurement Strategy Review?

NLPA (Next Level Purchasing Association)

Annual strategy reviews are critical to strategic, tactical, and operational management. It helps enhance profitability by reducing extra expenses and by, minimizing delays and speeding up the supply chain. Table 1, Supply Chain Strategy data. Supply Chain Strategy Data.

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Procurement Speakers 2022 – 10 Most Popular Experts

Procurement Tactics

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . 33 Procurement Interview Questions in 2022. Success!

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The Big Interview with Rebecca Howard

Procurement Heads

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society.

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Is procurement an adjunct of finance, or is finance an extension of procurement?

Procurement Insights

Specifically, that “efficient world-class supply management practice should involve multiple internal and external stakeholders” because “a successful source-to-settle workflow must look at the entire ecosystem that connects sourcing and procurement to accounts payable and treasury.”

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Futureheads: Abdul Ahad

Procurement Heads

Working within Philips’ Health Systems business area, they supplied medical-related equipment and solutions to both the NHS and to private hospitals. For Procurement Heads ’ latest Futureheads profile, he spoke with Dan Goodson about his procurement career.

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Episode 86: When Politics Snares Supply Chains with Juliette Rowsell

Una

Episode 86: When Politics Snares Supply Chains with Juliette Rowsell. If you feel like working in supply chain and procurement has become a political minefield, you’re not alone. Juliette is a reporter at Supply Management magazine, the hard copy publication from CIPS.

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Understanding Your Supply Landscape

NLPA (Next Level Purchasing Association)

Disruption Management has become a major discipline in today’s Supply Management doctrine. The abatement of supply risks is at the heart of such doctrines and strategies. It is easy to fall victim to a siloed view of supply chain risks. Procurement Risk Management.

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Understanding Spend Management Perspectives: CFO, CEO, Procurement Director & Procurement Manager

NLPA (Next Level Purchasing Association)

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. Spend Management is a critical aspect of my job, and I take it seriously.

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New Research Reveals Challenges for CPOs in Adapting 2023 Agendas Quickly

PASA (Procurement and Supply Australasia)

Supply management experts Ardent Partners has published 15 predictions CPOs must consider this year “in a new economic era and one that poses new and sizable challenges for procurement leaders.”

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#20 | An Interview on Digital Procurement with Charlotte de Brabandt and Max Kent

The Supplier Experience

Charlotte is speaker, trainer, and ambassador for the Institute for Supply Management (ISM) with over 10 years of experience in global procurement. Charlotte is speaker, trainer, and ambassador for the Institute for Supply Management (ISM) with over 10 years of experience in global procurement. An Interview on Digital Procurement with Charlotte de Brabandt and Max Kent. In this episode of Supplier Experience Live, we welcome Charlotte de Brabandt and Max Kent.

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#19 | Retaining and Motivating Procurement Talent with Charlotte de Brabandt

The Supplier Experience

Charlotte is a speaker, trainer, and ambassador for the Institute for Supply Management (ISM) , with over 10 years of experience in global procurement. Charlotte is a speaker, trainer, and ambassador for the Institute for Supply Management (ISM) , with over 10 years of experience in global procurement. Retaining and Motivating Procurement Talent with Charlotte de Brabandt.

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What to Do When Supply Chains Break Your Heart

Una

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. By Anthony Clervi | February 14, 2023 Search We all know that supply chains can be fragile entities.

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#14 | An Interview on How Sustainable Procurement Programs Foster a Greener Future with Charlotte de Brabandt & Max Kent

The Supplier Experience

Charlotte is a speaker, trainer, ambassador for the Institute for Supply Management (ISM) with over 10 years of experience in global procurement. Charlotte is a speaker, trainer, ambassador for the Institute for Supply Management (ISM) with over 10 years of experience in global procurement. An Interview on How Sustainable Procurement Programs Foster a Greener Future with Charlotte de Brabandt & Max Kent.

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Procurement Synonym – Everything You Should Know

Procurement Tactics

For example: “The employees in the organization have obtained the supplies they ordered yesterday.”. Additionally, procurement professionals are responsible for all the purchasing, sourcing, and supplies management that makes it important to every industry. .

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How To Create A Logistics Resume – Tips & Example

SCMDOJO

For their part, the Logistics Manager is responsible for: This department handles raw material deliveries. Coordinates with the management team. Supply management. Industrial process and production management system mastery is required.

Logistics 121
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The Benefits Of Ethical Procurement

Barkers Procurement

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.

Ethics 52
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Best Practices of Software Negotiation

Shapiro Negotiations Institute

Many businesses need effective negotiation skills in day-to-day activities, whether for internal changes, client discussions, or for contract negotiation. A software contract is one part of business negotiation that might be unanticipated, but it is often an important part of business operations.

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Current Events Impacting Procurement

Una

Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. A self-described “optimist with a raincoat,” risk management is a topic close to Kris’s heart. Current Events Impacting Procurement.

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10 Greatest Purchasing Books Ever Written

Supply Chain Opz

Results The results of "10 Greatest Purchasing Books Ever Written" are listed in alphabetical order as below, 1) Category Management in Purchasing: A Strategic Approach to Maximize Business Profitability by Jonathan O'Brien 2) Next Level Supply Management Excellence: Your Straight Bottom Line Roadmap by Robert A. Patterson 5) Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice by Arjan J.

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Supplier Management the key to unlocking RBA’s biggest concerns

PASA (Procurement and Supply Australasia)

A lack of available tools means supply disruption sits atop the RBA’s list of concerns. Supplier Management significantly influences (at least) 2 of the three factors that determine supply capacity, writes Dan Harry from procurement and supply chain consultancy State of Flux.

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Why Sourcing and Why Automation?

World of Procurement podcast

I caught up with Erin McFarlane, VP of Services at Fairmarkit to talk to her about her reason for being in the Procurement space and what Fairmarkit offers as a service to people like you and me as Procurement and Supply Chain pros.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. But, how will this insulate a company from rising costs and disjointed supply chains?

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

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. .

Suppliers 130
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Disruptions are Inevitable – Do You Have a 360° View of Your Suppliers?

Jaggaer

Think about how much has changed in the last six months – supply chains halted, delayed orders, even entire business shutting down. Exemplified by the current global pandemic, supply chains are being disrupted in a historic fashion. Supplier Management Supplier Network Supply Chain

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An Interview on Digital Procurement with Charlotte de Brabandt and Max Kent

HICX

Charlotte is speaker, trainer, and ambassador for the Institute for Supply Management (ISM) with over 10 years of experience in global procurement. On the topic of data, Charlotte expressed dismay that so many companies are still using Excel spreadsheets to manage their supplier data.

Data 52
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Shortage vs. Surplus: Causes and Definitions

Finale Inventory

Causes like supply management, marketing strategies and planning are all things businesses should focus on to prevent surpluses and shortages as much as they can. Poor Inventory Management. Shortages and surpluses occur when supply and demand are not equal.

Demand 52
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Supply Chain Weekly Wrap-Up: 01/03/20 – 01/09/20

All Things Supply Chain

manufacturing drops to its lowest levels since 2009 The Institute for Supply Management’s (ISM) manufacturing index has fallen again in December 2019 for the fifth consecutive month. The index… General Supply Chain News Weekly wrap-up autonomous cars blockchain manufacturing supply chain news supply chain weekly wrap-up

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How to be a better procurement manager in 2022: The latest updates on procurement digitization

Zycus Cognitive Procurement

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. In addition, CPOs and procurement managers should discover new strategies to satisfy their objectives in order to obtain greater outcomes without having to spend more money. .

Data 52
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Under Pressure, Will Procurement Take Performance Higher in 2023? 

ivalua

Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurious teamed up with Ivalua to survey 170 procurement and supply chain leaders on the pressures and conditions they’re experiencing in 2022 and their outlook for next year. Procurement and supply chain teams are under constant pressure. Supply disruptions and shortages – 86%.

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2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight

ivalua

What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Map Your Sub-tier Supply Chain.

Suppliers 130
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The Benefits of Onshore Supply Chains

ivalua

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Avoid the Instability of International Supply Chains. Supply Chain Supply Chain Risk