The Good Spending

MAY 28, 2023

Resource Investigator : Resource Investigators are excellent networkers and communicators. Resource investigator will fit the Category Management to establish connections with new partners and seek new opportunities to manage the category. My Udemy course "Procurement Lab."

Procurement team 52

Procurement team Procurement Category management Sourcing 52

The Good Spending

MARCH 3, 2024

Rather than investing in expensive hardware or software licenses upfront, businesses can now opt for subscription-based models, allowing them to align their IT expenses with actual usage and scale resources as needed. This is where the main topic of this post resides. Suppose we summarize the process of value delivery about services.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

Procurement Leaders

JUNE 1, 2022

Conserving resources and developing a circular supply chain: Eliminating single-use plastic and using recycled cardboards in all its primary and secondary packaging while increasing the volume of green materials (metals and plastics) used in its products by 50%.

Strategy 130

Strategy Sustainability Supply Chain Efficiency Suppliers 130

SCMDOJO

JULY 3, 2023

At the end of this blog, we will also be linking a couple resources of reading material to aid your journey of procurement training as well as best practice templates and dashboards to help improve your procurement processes as a working professional in the field.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

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. This post analyzes what makes genuine category managers and " separate future physicians from those who wanna play doctor."

Category management 52

Category management Demand Management Procurement 52

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re involved in monitoring progress, ensuring that resources are used and focused on what matters, which is creating a sustainable future.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

The Good Spending

SEPTEMBER 2, 2023

Therefore, there are very few commodity categories in IT procurement (e.g., This is a very complex and resource-intensive process that requires high qualifications of participants working in a cross-functional team. That is why public procurement in this category is complicated and ineffective.

Sourcing 59

Sourcing Procurement Demand Planning Category management 59

SupplyShift

JANUARY 6, 2023

Circular value chains have been a topic of growing interest in recent years. Circularity means that the resources we use to create products get reused at end of life, so that new products are made with existing materials. A circular economy requires far more than recycling, although recycling is a big part of the puzzle.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 52

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. For the sake of simplicity, and to maybe bring a little humor to the topic of tail spend , we’ll start by comparing it to a house cat. Taming Tail Spend. Let’s dive in.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Una

NOVEMBER 30, 2022

While digital procurement has been a topic for several years, the receding pandemic and geopolitical conditions have brought the topic to the forefront of many companies. Educational resources to start digital transformation in procurement. Get new resources weekly! Increased efficiency through big data. Related Posts.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Procurement Heads

SEPTEMBER 12, 2023

Exposure to a wide variety of categories set me up well for my career development. What do you think are the current Procurement trends or hot topics and what emerging roles do you think we will see in Procurement as a result? There remains a perception that suppliers are ‘cowboys’, that they’re out to somehow ‘get us’.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Collaboration Procurement 130

SupplyShift

FEBRUARY 24, 2023

If you are concerned about CSRD, here’s what you need to know: The regulation lays out three categories of companies that must report. Not only will companies be required to perform double materiality assessment and report on eleven topics, they will also need to establish KPIs for performance improvement and report against them.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Supply 52

Procurement Software

JANUARY 16, 2024

We Need Visionary Procurement Leaders with a Chief Value Officer mindset If we’re going to get the investment we need into tech, resources and training to make us a world class function in more organisations, we need more visionary procurement leaders. And let’s face it, most category strategies are a box-ticking exercise.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Let's Talk Supply Chain

FEBRUARY 26, 2024

13.10] The different options available to customers, and why the big and bulky category is changing the last mile game. 23.53] The big topic that will be top of mind for supply chain professionals in 2024. RESOURCES AND LINKS MENTIONED: Head over to OneRail’s website now to find out more and discover how they could help you too.

Real-time Visibility 59

Real-time Visibility supply chain software solutions Supply Chain Optimization supply chain budgeting 59

Procurement Software

MARCH 12, 2024

However, it’s proven ability to cut down the time and resources needed to complete many everyday tasks is not to be underestimated. Gartner has also put together an interesting, well written article on the topic which I would highly recommend as an introductory guide. That’s a whole topic for another article.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Zen

APRIL 19, 2020

In this episode of I break down the second to final episode under negotiation techniques into two categories. These categories are Listening Techniques and Physical Negotiation Techniques, both of which have their own sub-categories. The topic appears more important if it draws attention. ProcurementZen Ask Me Anything.

Negotiation 40

Negotiation Import Procurement 40

Empowering CPO

JUNE 26, 2023

Preview of the Key Topics Covered in the Guide In this comprehensive guide to spend analysis in healthcare, we will delve into the intricacies of leveraging spend analysis to optimize costs and drive operational efficiency in the healthcare sector. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Una

APRIL 18, 2023

It’s a particularly apt term when discussing this topic because heroes – so they say – are forged in times of crisis. By pooling resources with other businesses, you can access a wider range of suppliers and reduce your dependence on any one supplier. This will help reduce costs and improve the financial stability of your organization.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Procurement Software

MARCH 19, 2024

Gartner’s introductory guide to this topic provides a great overview. Generative AI’s current impact in procurement is best illustrated by tech-savvy procurement category managers leveraging apps like ChatGPT and Bard to streamline the execution of routine tasks. Anyone who has used ChatGPT or Midjourney can confirm this.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Market Dojo

DECEMBER 14, 2017

This research featured results from a range of different procurement professionals and covering a wide variety of topic areas. The infographic presents finding on the categories and aspects of categories that present barriers including: Working Knowledge. Category Suitability. Internal Resources. Supplier Market.

Negotiation 40

Negotiation Demand Suppliers Procurement 40

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. All of whom would typically earn less than a Category Manager. Do you really need a team of 10 category managers?

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Barkers Procurement

MAY 25, 2022

Category management. Barkers started category councils and reviewed tendering and negotiations practices, delivering £750k savings in the first year. This ambitious target means that Jersey electricity needs to make quite a large scale improvement in a very short time with minimal resources. Challenge Solution Result Challenge.

Contract management 52

Contract management Supplier relationship management Negotiation Contract 52

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re involved in monitoring progress, ensuring that resources are used and focused on what matters, which is creating a sustainable future.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

The Good Spending

JULY 27, 2022

Thereby, the authors of the Salience Theory identified 7 categories of stakeholders, as follows. This leaves us with two stakeholder categories to match - discretionary and dependent. Charitable organizations fall under this category, as well. Procurement attributes as a stakeholder Our legitimacy is undisputed.

Procurement 52

Procurement Demand Influencing Sourcing 52

The Good Spending

MAY 8, 2022

This broad category includes: fully or partially avoided price increase and/or indirect expenses (logistics, repair, and maintenance, consumables, etc.,) Principals' perception of cost avoidance affects purchasing agent behavior This point nicely formulates the human side of the cost avoidance topic.

Procurement 52

Procurement Quality Contract Price 52

The Good Spending

JANUARY 3, 2022

All-purpose RFPs and blanket e-auctions may put governance above business interests and demotivate suppliers unless consciously applied to appropriate categories. The famous resource-based view from the Theory of the Firm assumes that its performance depends on the resources it has in possession.

Sourcing 52

Sourcing Suppliers Innovation Procurement 52

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. All of whom would typically earn less than a Category Manager. Do you really need a team of 10 category managers?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Procurement Software

FEBRUARY 27, 2024

However, to anyone who’s just getting started on this topic, the terminology may be confusing. ERP stands for Enterprise Resource Planning. We actually cover 20 different primary categories of procurement tech in our software finder app, but those listed above are the core ones. You may be aware that they’re different.

Sourcing 52

Sourcing Contract management Price Procurement 52

Procurement Leaders

JUNE 9, 2022

T-Mobile’s supplier diversity team works across all three of the company’s category teams (Network Infrastructure, Technology and Enterprise Procurement, and Supply Chain) to deliver its initiatives. Workloads are divided between the team members according to their experience in particular categories.

Supply chain 130

Supply chain Supply Procurement team Suppliers 130

SCMDOJO

SEPTEMBER 14, 2023

Writepaper could be one resource you consider to help with academic writing, but the crux of achieving success lies in your daily habits, tools, and mindset. Students may find it more challenging to collaborate on projects, discuss ideas, or seek instant clarification on complex topics.

Import 57

Import Networking Strategy Management 57

SupplyShift

NOVEMBER 12, 2021

Our panelists unpacked the four steps of the supply chain sustainability journey, from strategy ideation to supplier engagement, while also taking a deep dive on pressing ESG topics such as Scope 3 emissions, forced labor, diversity, and plastics. Read on for five core learnings to keep in mind as you continue on your own journey.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 12, 2021

Our panelists unpacked the four steps of the supply chain sustainability journey, from strategy ideation to supplier engagement, while also taking a deep dive on pressing ESG topics such as Scope 3, forced labor, diversity, and plastics. . Read on for five core learnings to keep in mind as you continue on your own journey. . Key Takeaways.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

The Procuretech Podcast

JANUARY 25, 2022

We're back with another Pub episode, where we dive a little bit deeper into a topic than we do in our normal podcasts and really break down a hot topic in a more informal chat format. We dive into the topic of how people are a vital factor in change management. My guest for this one is Prof. Dr. Florian Kleemann. Innovation.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

Spend Matters

JUNE 21, 2023

But there were complexities around their use and the legislation; a friend of mine even co-wrote an entire book about the topic [1] to explain those issues. Ross Cumber, Category Manager, Dorset County Hospital NHS Foundation Trust “A great idea to pull the framework offerings together into one location for easy access.

Buyers 78

Buyers Suppliers supply chain budgeting Contract 78

HICX

MARCH 30, 2023

It’s little wonder that this topic is high on the agenda. The EPA advice continues, “Smaller suppliers generally need more assistance than larger suppliers, as they have fewer resources and less in-house expertise.” For instance, a cyber-security questionnaire will also be tailored based on the category of the supplier.

Suppliers 52

Suppliers Supply Chain Efficiency Data supply chain budgeting 52

The Procuretech Podcast

JULY 5, 2022

This week we're diving back into the topic of spend analytics and spend analysis, with a focus on smaller and medium sized businesses. It notices things: “There's a contract for this category and you're not using it – is that okay?”. Smaller companies don't have a wealth of resources for data management.

Contract 52

Contract Purchase orders Data Spend management 52

SupplyShift

OCTOBER 13, 2021

Each category has several subsections a business may choose to tackle. Passive assessments, although not necessarily as detailed, can be an efficient use of resources. Multi-Tier Hot Topics Supplier Diversity Tip: Tools like supplier.io Multi-Tier Hot Topics Supplier Diversity Tip: Tools like supplier.io

Sustainability 52

Sustainability Supply Chain Efficiency Supply chain Supply 52