Procurement Tactics

APRIL 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. Businesses that use CSR tend to be seen more favorably by many people.

Sustainability 192

Sustainability Procurement Ethics Procurement strategies 192

Una

MAY 9, 2024

The Importance of Aligning Values With Suppliers Aligning values with suppliers and the organization as a whole plays a pivotal role in establishing robust partnerships and driving success. But the growing importance of ESG (Environment, Social, Governance) and organi zational values in the corporate world has changed the equation.

Import 52

Import Suppliers Supply Chain Efficiency Ethics 52

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

IBM Supply Chain Blog

MAY 7, 2024

In the rapidly evolving digital landscape, we see that businesses are increasingly migrating to cloud services to enhance their operations, boost productivity and foster innovation. By extending Concierge Platinum support beyond onboarding, businesses will have platinum level assistance to effectively manage Day Two Operations in the cloud.

Product development 62

Product development Risk Management Innovation 62

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua. 212-239-8594.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Procurement Tactics

NOVEMBER 20, 2022

Sustainable Business — Everything You Should Know. Sustainable business is embraced by many big companies as consumers are more concerned about the ethical standards of companies in making and operating their business. However, what is a sustainable business? For this article, we will discuss what sustainable business is.

Sustainability 147

Sustainability Ethics Agile and Lean Supply Chain Strategy 147

Value Match

APRIL 8, 2024

By integrating scope 3 emissions into their GHG inventory, companies can gain a holistic understanding of their environmental impact, enabling them to implement effective strategies to manage, reduce, and report these emissions.

Bidding 52

Bidding Procurement strategies Inventory Contract 52

Procurement Templates

JANUARY 17, 2024

Thresholds and Regulations: USA: Different regulations may apply based on the type and value of the procurement. UK: Similar to the USA, different regulations apply based on the value of the procurement. The UK government has its own set of procurement rules, which may vary across devolved administrations.

Procurement 130

Procurement supply chain budgeting Export Competitive bidding 130

Procurement Tactics

APRIL 11, 2023

We will tackle the common sustainable issues that many businesses are facing in their procurement processes. Additionally, we will tell you how to map sustainability issues in your business operations. The scale of the sustainable issues regarding the environment and society is enormous. However, what is it?

Sustainability 204

Sustainability Procurement Negotiation Procurement strategies 204

Procurement Tactics

NOVEMBER 27, 2022

Thus, it will allow you to weigh if you are ready to implement it in your business. . Sustainable development was the key concept of the 1992 Earth Summit held in Rio as governments and international organizations committed themselves to taking initiatives to protect the environment. . What is Green Purchasing?

Procurement 191

Procurement Sustainability Purchasing Raw materials 191

IBM Supply Chain Blog

MARCH 7, 2024

This disparity is not only a social concern; it’s a significant business challenge. How can tech companies effectively embrace diversity? The work that they do helps businesses achieve their own diversity goals. Red signifies good fortune in Chinese culture but can denote danger or caution in Western cultures.

Innovation 103

Innovation Strategy Influencing Purchasing 103

World of Procurement blog

APRIL 23, 2024

Understanding the ins and outs of material procurement can enable businesses to streamline their operations, reduce costs, and achieve better outcomes. Understanding the ins and outs of material procurement can enable businesses to streamline their operations, reduce costs, and achieve better outcomes.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

Understanding the ins and outs of material procurement can enable businesses to streamline their operations, reduce costs, and achieve better outcomes. Understanding the ins and outs of material procurement can enable businesses to streamline their operations, reduce costs, and achieve better outcomes.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Procurement Heads

OCTOBER 12, 2022

I was brought in after the new CFO had identified that we weren’t getting value out of our approach to the procurement of what in Retail is called “Goods not for resale”. The savings pipeline was limited, so this was one of the things we had to address through engagement with business owners and finance. Tell us about your role.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

Procurement Leaders

JANUARY 16, 2023

But they all come, to me, under the category of risk. ” Stoup spoke to Tim Burt, community advisor at Procurement Leaders, to discuss the current environment, and the factor she considers to be most important during turbulent times – people. Leaders across the enterprise now recognise procurement’s value.

Risk 246

Risk Management Risk management Strategic planning 246

Procurement Heads

MARCH 15, 2023

I realised that I enjoyed using my influencing and negotiation skills to deliver value to stakeholders and made the decision to move into the sales and contracting function. The Government Commercial Function was established seven years ago to build a cadre of commercial talent in all Government departments.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Sustainability Contract Leadership 246

Procurement Tactics

APRIL 25, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Fair Operating Practices Sustainable procurement fair operating practices allow companies to give their employees a safe working environment. Don’t worry, we got you!

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

IBM Supply Chain Blog

MARCH 15, 2024

How IBM helped improve the app modernization strategy IBM Consulting® worked with the client’s cloud team and technical experts to deploy IBM Consulting Cloud Accelerator , which helped them understand the business logic surrounding their many applications.

Collaboration 101

Collaboration Quality Innovation Risk 101

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Category Management : Managing product or service categories as strategic business units. Stakeholder Management : Effectively engaging with all stakeholders to align procurement strategies with business objectives.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Category Management : Managing product or service categories as strategic business units. Stakeholder Management : Effectively engaging with all stakeholders to align procurement strategies with business objectives.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Procurement Tactics

APRIL 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? So without further ado, let us now start!

Sustainability 213

Sustainability Procurement Negotiation Strategy 213

Procurement Tactics

SEPTEMBER 21, 2022

Thus, it will allow you to align the requirements with your business goals and objectives. . It integrates requirements, specifications, and criteria that are compatible with the protection of the environment and society. Businesses of all sizes need to save money and reduce costs as much as possible. Editor's note: Hi there!

Sustainability 188

Sustainability Procurement Cost of ownership Suppliers 188

ivalua

MARCH 31, 2023

Employees answer questions about different workplace topics such as leadership, team, compensation, perks & benefits, work-life balance, career growth, environment, outlook, etc. Ivalua employs 900 people worldwide who are united by an empowering vision, mission, and five core values that underpin the company’s culture.

Leadership 130

Leadership Spend management Collaboration supply chain software solutions 130

Procurement Tactics

OCTOBER 13, 2022

A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. This will also allow you to be an effective strategic sourcing manager if you ever think of taking this career path. Strategic Sourcing Manager — The Ultimate Guide. What is a Strategic Sourcing Manager?

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

HICX

MAY 1, 2024

Furthermore, out of the companies that have tried adopting technology, 43% of companies reported that their supplier onboarding portals fell short of expectations, indicating mixed results in achieving business objectives. This inefficiency has tangible costs. What are the Current Supplier Onboarding Best Practices?

Suppliers 52

Suppliers Supply Chain Efficiency Risk management Supply Chain Optimization 52

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. However, what is it? What is ESG Procurement?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

IBM Supply Chain Blog

JANUARY 10, 2024

Navigating the intricate realm of modern enterprise applications requires collaboration among diverse personas to effectively manage complexity. This helps with continuous business support through applications automating essential workflows. Traditionally, applications and their hosting infrastructure align with DevOps and CloudOps.

Networking 72

Networking Management Data Collaboration 72

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement strategies 240

Procurement strategies Sustainability Strategy e2e 240

IBM Supply Chain Blog

APRIL 15, 2024

The industry must continually optimize process, improve efficiency, and improve overall equipment effectiveness. They may use it to design a better way for operators to retrieve the correct information quickly and effectively from the vast repository of operating manuals, SOPs, logbooks, past incidents and more.

Real-time Visibility 104

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Data 104

IBM Supply Chain Blog

NOVEMBER 6, 2023

In a tightening economy, small and medium businesses (SMBs) are challenged to grow while protecting thinning margins. Compared to large businesses, SMBs have fewer resources to help them weather an economic downturn or diversify into new value streams. And with SMBs representing 44% of the US GDP , they cannot be ignored.

Price 111

Price Data Purchasing Sourcing 111

ivalua

JUNE 22, 2022

Structured as a cooperative, Migros is a diversified and vertically integrated group of companies with retail at its core and organized into five strategic business units (Cooperative Retailing, Migros Industrie, Commerce, Travel and Financial Services). About Ivalua. Ivalua is a leading provider of cloud-based Spend Management software.

Sourcing 130

Sourcing Spend management Strategy Suppliers 130

IBM Supply Chain Blog

APRIL 22, 2024

Deployable architecture (DA) refers to a specific design pattern or approach that allows an application or system to be easily deployed and managed across various environments. This helps in deployment in diverse environments with varying requirements.

Management 69

Management Demand Risk Strategy 69

Procurement Heads

OCTOBER 4, 2022

Most early careers professionals (60%) also admitted that work-from-home restrictions made them value the office more whereas this figure stood at just 43% for older workers. This suggests that Gen Z values the structure, socialisation, and support that a physical office provides more than older members of the workforce.

Data 130

Data Collaboration Quality Import 130

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. We also provide strategic considerations for businesses planning to adopt procurement technology. Examples include SAP Ariba and Coupa.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

IBM Supply Chain Blog

JANUARY 29, 2024

Strategize and plan for differentiation As a leader, you need to know where you want to take the business—understanding the trajectory of your organization is nonnegotiable. However, your perspective must be grounded in reality; meaning, you must understand the limitations of your current environment: Where does it currently fall short?

Data 73

Data Sustainability Strategic planning Demand 73

Procurement Tactics

OCTOBER 12, 2022

This is due to the fact that sustainability in the process of companies can lessen the effects that are brought by these factors. Although the commitment of some companies is still in its early stages, their willingness to have sustainable objectives and goals is visible in order to help the environment and society recover.

Sustainability 181

Sustainability Procurement Supply Chain Efficiency Supply chain 181

IBM Supply Chain Blog

FEBRUARY 5, 2024

In a recent IBM Institute for Business Value study of chief supply chain officers, nearly half of the respondents stated that they have adopted new technologies in response to challenges. Support reliability engineering Reliability is a critical key performance indicator in any asset-driven business.

Supply Chain Optimization 101

Supply Chain Optimization Management Supply Chain Efficiency Quality 101