The Good Spending

JUNE 25, 2023

Chat GPT on category management I tried ChatGPT as an aid in blogging, and it works very well when you need an explanation of a generic theory or concept for your audience. Getting to more sophisticated tasks, I asked ChatGPT to explain procurement category management to a non-professional. My Udemy course "Procurement Lab."

Contract administration 52

Contract administration Procurement Category management Strategic sourcing 52

Spend Matters

MARCH 3, 2023

eWorld Procurement and Supply is a great forum to meet new vendors, reconnect with existing ones and find out about emerging technologies (aside from hearing from industry leaders on topical challenges and trends). Read more. )

Procurement 87

Procurement Procurement strategies Strategy Sourcing 87

Procurement Software

APRIL 16, 2024

Ensuring your procurement team has the optimal blend of procurement training is a challenge. In today’s tough economic environment, could technology enable procurement training to be delivered for less cost and more effectively? Jonathan is the CEO of UK-based procurement training company Positive Purchasing.

Procurement 52

Procurement Budget Procurement team Negotiation 52

The Good Spending

MARCH 3, 2024

It all started in the attempt to understand the theoretical concept of servitization , i.e., the transformational shift from a product-centric to a service-centric business model and logic that we observe extensively in the area of IT procurement, in particular. This is where the main topic of this post resides.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. Not all implementations are the same, however.

Procurement 84

Procurement Risk management Raw materials supply chain software solutions 84

Una

JULY 25, 2023

5 of the Most-Read Procurement Articles Don’t miss the five most-read procurement articles on Unaversity, Una’s online resource center dedicated to empowering procurement. As a procurement leader, it’s your responsibility to continue monitoring and upholding your suppliers’ performance. What’s in it for us?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Procurement Software

MARCH 19, 2024

When you hear the words Generative AI in Procurement, your reaction is probably one of two things: Either you get excited, thinking of all the benefits and time-saving hacks it could offer. We therefore must try to understand what potential impact generative AI could have on procurement organisations.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Spend Matters

JANUARY 9, 2024

But it has left many procurement leaders looking to really understand what value GenAI can bring to their organizations and how it can change the way they operate. This might be for small use cases like replacing Google when we have a question or more advanced cases like supporting category managers in the buying process.

Procurement 80

Procurement Buying process Suppliers Category management 80

Spend Matters

DECEMBER 6, 2022

Procurement organizations are going to have to concentrate on reaching beyond their traditional value adds in order to achieve more with less: not only to find this added value, but to secure and maintain it. More details here. Read more. ).

Procurement 81

Procurement Procurement strategies Strategy Sustainability 81

Spend Matters

JULY 21, 2022

Categories: Analytics , Procurement Strategy & Planning , Sponsored Article , Supplier Information Management Tags: Sponsored Article Most organizations believe that their procurement system centers on people, processes and technology. What’s missing in this picture? Read more. ).

Data 85

Data Procurement Procurement team Procurement strategies 85

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 79

e2e Procurement supply chain software solutions Contract 79

Procurement Software

JANUARY 16, 2024

Could more visionary procurement leaders be the cure for procurement teams not getting the recognition they deserve? It’s time to start replacing the technocratic, process-obsessed procurement teams. We must usher in a more visionary and value-focused group of procurement leaders and CPOs. The Status Quo has got to GO!

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Positive Purchasing

FEBRUARY 13, 2024

Can Digital Category Management Enhance Efficiency Without Sacrificing Human integrity? We’re tackling this of-the-moment topic during our upcoming webinar, Digital Category Management – Is it Robust, Faster and Better? , Tick box Category Management’ is a thing of the past.

Category management 52

Category management Management Procurement team Procurement 52

Procurement Software

MARCH 12, 2024

AI in procurement – especially generative AI – is going through the hype phase at the moment. Could AI in procurement make us irrelevant? So, let’s look at where it will help us, where it could be a threat, and whether indeed AI in procurement will make some job functions and processes irrelevant.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Heads

DECEMBER 15, 2022

For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement?

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Procurement Heads

DECEMBER 7, 2022

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. How did you get into procurement?

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

Positive Purchasing

NOVEMBER 27, 2023

The Public Procurement and Purchasing Innovations Conference is the must-attend event for those steering, developing, and optimizing public services. Urgent public sector challenges will be addressed such as: Sustainable public procurement for efficiency and social value creation.

Innovation 64

Innovation Purchasing Procurement Negotiation 64

Spend Matters

APRIL 6, 2023

Categories: M&A , Vendor Snapshots Tags: PRO Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters PRO content.

Procurement 69

Procurement Leadership Data Supply 69

Spend Matters

APRIL 3, 2023

Categories: M&A , Vendor Snapshots Tags: PRO Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters PRO content.

Procurement 69

Procurement Leadership Data Supply 69

The Good Spending

SEPTEMBER 2, 2023

Integrated solution as a guarantee of competitive advantage A significant difference in IT procurement is associated with a change in the paradigm of competitive advantage in the conditions of Industry 4.0. Therefore, there are very few commodity categories in IT procurement (e.g.,

Sourcing 59

Sourcing Procurement Demand Planning Category management 59

Spend Matters

SEPTEMBER 9, 2022

Categories: Conferences , Innovation , Jason Busch , Procurement Strategy & Planning Tags: Conferences and Events , Digital Procurement World Since its inaugural event, we have been known to say of Digital Procurement World that it is “The Best New Procurement Event in Years.” Read all about it here.

Procurement 77

Procurement Procurement strategies Innovation Buyers 77

Procurement Heads

FEBRUARY 8, 2023

It’s a question I’ve been asking candidates for my recently retained Category Lead – Energy role at Alliance Healthcare. The energy market in the UK has been a hot topic for months now, with a number of changes taking place that are affecting businesses of all sizes. What impact has this had on procurement recruitment?

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

Spend Matters

SEPTEMBER 5, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. What are the challenges and asks of your customers?

Procurement 89

Procurement Sustainability Supply chain Suppliers 89

Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 90

Procurement e2e Contract Sourcing 90

Una

NOVEMBER 30, 2022

Value Creation Through Digital Transformation in Procurement. But COVID also revealed the growing value placed on the expertise of procurement professionals and a shifting company viewpoint from back-office worker bees to valued C-suite consultants. Prioritizing a digital procurement strategy to gain competitive advantage.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

The Good Spending

MAY 28, 2023

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. This blog post will explore how the Belbin Team Role Theory can be applied in procurement.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

Spend Matters

MARCH 31, 2023

Categories: Conferences , Procurement Commentary , Procurement Strategy & Planning Tags: Conferences and Events This week Spend Matters attended Ivalua NOW EMEA at the prestigious Le Pavillon & Studio Gabriel event venue in Paris.

Procurement strategies 91

Procurement strategies Strategy Collaboration Procurement 91

Procurement Heads

NOVEMBER 9, 2022

Could you tell us a bit about yourself, your background and how you got into procurement? What roles and responsibilities does Procurement/ SRM have within Allianz? It’s very exciting to see how SRM is developing and growing and from being a ‘die-hard’ IT Category Manager, I’ve certainly been converted!

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Spend Matters

DECEMBER 5, 2022

Categories: Analysis , CSR , Procurement Strategy & Planning , Sustainability , Technology Tags: PRO For most procurement organizations, carbon management — and greenhouse gases (GHG) more broadly — is a hot topic (no pun intended). There are multiple challenges to tackle, many of which apply to other ESG areas.

Management 85

Management Procurement strategies Procurement team Sustainability 85

Una

APRIL 18, 2023

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Spend Matters

JANUARY 11, 2023

Categories: Analytics , Supply Risk Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Owlin, a risk and intelligence solution built to help customers monitor what is being said and published about them, their suppliers and, in fact, any topic, e.g., customers, competitors or commodities. Read more. ).

Risk 72

Risk Data Category management Risk management 72

The Good Spending

JANUARY 4, 2023

The Kraljic matrix is still an excellent procurement tool, yet somewhat simplistic. Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. Project procurement should be fast! My Udemy course “Procurement Lab.”

Strategic sourcing 97

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

The Good Spending

APRIL 3, 2022

Category management is the brain and spine of strategic procurement. Procurement largely relies on category management in its constant endeavor to transform transactional purchasing into a value-creation machine. Category management is an integral part of the "plan-to-procure" cycle.

Category management 52

Category management Demand Management Procurement 52

Procurement Heads

JANUARY 4, 2023

For Procurement Heads ‘ latest Big Interview, Rebecca spoke to Will Cooke about her career, SRM and sustainable procurement. How did you get into procurement? I got into procurement through a graduate procurement programme at British Airways in 1997. I completed my MCIPS there and then moved into consulting.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246