Procurement Heads

SEPTEMBER 12, 2023

I worked there for more than 10 years and was lucky enough (when I look back) to be coached and mentored right from day one by some very experienced procurement professionals. We’ve got procurement colleagues in ‘Group’ and other sister train operating companies and are actively pursuing a very collaborative approach to the way we work.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Collaboration Procurement 130

Procurement Templates

NOVEMBER 26, 2023

Even those specializing in specific skill sets need soft skills to work collaboratively in a team. Soft skills aren’t just desirable; they’re essential for a harmonious and productive work environment. ’ Actually, there are plenty more soft skills used on a day-to-day basis at work!

Procurement 130

Procurement Influencing Negotiation Contract 130

ProcurePort

APRIL 19, 2022

A manufacturing entity may work with hundreds of suppliers on different continents. There is, therefore, the need to create value through strong relationships with suppliers. Supplier relationship management today involves leveraging […]. Customers are demanding competitive pricing, hence making margins even slimmer.

Supplier relationship management 147

Supplier relationship management Suppliers Management Price 147

RPF360

OCTOBER 13, 2022

Successful vendor relationships are built on shared goals, trust and values. Increasingly, organizations want to work with vendor partners that share their commitment to social and ethical standards. But, do your vendors know where you stand on key issues? And, importantly, do you know if your values align?

Suppliers 193

Suppliers Vendor relationships Ethics Import 193

Procurement Tactics

OCTOBER 13, 2022

Additionally, it assesses the suppliers of the company to find the best supplier in the market and collaborate effectively which will enable them to establish a long-term relationship. A strategic sourcing manager is common in large enterprises with a huge procurement budget and works with various suppliers that are in different places. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Una

MAY 15, 2024

EPISODE 165 Making Mentorship Possible at Scale with Jason Edmonds By Kelly Barner | May 15, 2024 Mentors have the opportunity to provide valuable, trusted advice to the individuals they work with, but those relationships are often formed haphazardly.

Product development 64

Product development Sustainability Sourcing Data 64

Procurement Leaders

MARCH 6, 2023

The executive team has acknowledged the procurement team’s work in keeping product on the shelf, managing cost and managing inflation. On the other side, is the very deep relationship integration with the businesses and the commercial teams,” he added. It’s an absolute imperative for us to work collaboratively across the sector.”

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

Procurement Templates

MARCH 3, 2024

I think it’s also worth remembering that when getting junior staff to work on prep work that they might have some understanding but will make mistakes that need to be checked over. Supplier Analysis : Evaluate the organization’s relationships with suppliers within each procurement category.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Heads

OCTOBER 14, 2022

The report highlighted that one in five (21%) businesses with 10 or more employees reported their workforce working from home one to two days per week. Working from home, businesses not permanently stopped trading with 10 or more employees, broken down by industry, weighted by count, UK, 8 to 21 August 2022.

Procurement 130

Procurement Demand Supply chain Suppliers 130

Procurement Tactics

JANUARY 4, 2023

Starting work with a new vendor or renewing a contract with an existing one requires a lot of work for your firm’s legal department. Knowing what your vendor strives to achieve in your business relationship will help you in the negotiation process on the best practice procurement policy. . Download Whitepaper →. .

Procurement 195

Procurement Contract Negotiation Quality 195

Procurement Leaders

APRIL 22, 2024

Moving from a highly mature function to one that is less so, he explained the work that lies ahead. His team, while needing new capabilities and enhanced experience, has nurtured extremely good relationships with key business stakeholders. A focus on core-process digitisation and cost optimisation for starters.

Influencing 130

Influencing Sustainability Strategy Procurement 130

Procurement Tactics

JANUARY 2, 2023

Supplier integration enables the company and suppliers to better understand their obligation to each other while building a strong relationship. . Many procurement professionals can work long and hard to implement processes internally for an effective supply chain process. Working with too few or too many suppliers .

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Leaders

FEBRUARY 3, 2023

Perhaps it is thanks to this experience that Gonzalez places particular emphasis on ensuring his team has a good work-life balance, despite the ongoing turmoil that the polycrisis is creating. “Inflation hurts, but we can manage – we can work with the commercial teams to work around it. “People are burned out.

Risk 130

Risk Risk management Import Price 130

Procurement Tactics

MAY 8, 2023

This is achieved by encouraging a collaborative effort among all stakeholders in the supply chain, thus avoiding any oversight or missed opportunities that may arise from working independently. Planning phase The planning phase involves the supply chain trading partners laying down their strategy for collaborative relationships.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Work to achieve 100% supply chain visibility. Why is visibility so important? Create speed and transparency.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Procurement Heads

OCTOBER 12, 2022

My role was to professionalise the team, work out where cost savings could be made and put a plan in place to deliver on that. We also had to give the business a better understanding of the role procurement performs, how we wanted to work with them going forward, and then agree an annual plan of activities to carry out.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. In our team structure, collaboration between global and regional staff is extremely important as we cannot afford to duplicate work.

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Leaders

MARCH 22, 2023

We are now embedding this philosophy and working hard to ensure we have the right internal relationships to allow us to maximise the opportunity that a more strategic long-term plan can deliver. Importantly, we want to know what we can do to help as we will only weather this storm if we work together.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Supply chain Suppliers 130

Procurement Heads

SEPTEMBER 1, 2022

It was really just rather random to be honest, a recruitment agent phoned me up and it interested me as a role, I hadn’t heard of Pool Re and I hadn’t worked previously in insurance or reinsurance. Can you tell us about the business structure at Pool Re and some of the interesting projects you have worked on during your time here?

Contract 130

Contract Contract management Procurement Management 130

World of Procurement blog

APRIL 23, 2024

This instrument is not just paperwork; it's a profound commitment to efficiency, clarity, and foresight in professional relationships. At its core, a Master Services Agreement is a contract that defines the broad terms and conditions between parties engaged in a continuing business relationship. MSA FAQs Can an MSA be modified?

Procurement 52

Procurement Innovation Negotiation Collaboration 52

Procurement Heads

JULY 27, 2023

Typically roles defined outside IR35 are more appealing for this population, although many will also be willing to work on an inside IR35 basis if the parameters are right. If the client has significant control and dictates the manner in which the contractor carries out their tasks, it may indicate an employment relationship.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Contract Risk Supply chain 130

Procurement Leaders

APRIL 2, 2024

Why are they spending time building relationships with certain suppliers and not others? Procurement Leaders had worked with his leadership team in 2023 to help kick off the initiative, with a challenge that procurement had to get back to a more meaningful purpose. What are the ultimate goals of those negotiations with suppliers?

Chief Procurement Officer 130

Chief Procurement Officer Strategic planning Strategy Collaboration 130

Supply Chain Dive

SEPTEMBER 20, 2023

Industry experts said to focus on supplier health, visibility and relationships to navigate any risks spurred by the Union’s work stoppage.

Supply chain management 103

Supply chain management Supply chain management Supply chain Management 103

Procurement Insights

FEBRUARY 8, 2024

“You asked me what the difference maker for me in my career has been; it has been leading in a way that builds relationships authentically with people in order to get results. That is why establishing authentic relationships built on transparency and trust comes into play.”

Buyers 80

Buyers Leadership Negotiation Procurement 80

Supply Chain Brain

JULY 9, 2023

Working with your suppliers to address your ESG priorities and execution plans communicates to them the steps they need to take to keep a relationship with you.

Suppliers 105

Suppliers 105

Procurement Talk with David Byrne

FEBRUARY 20, 2024

Listen on Apple Podcasts Episode show notes “The most critical thing right now is to really develop the relationships with the people you work with, spend time with them understand them really well and form as trusting a relationship as you possibly can” Tim has had a diverse journey in procurement, working in … Continued The post Embracing Challenges (..)

Procurement 52

Procurement Collaboration Networking Sourcing 52

ProcurePort

APRIL 28, 2022

• Vendor management refers to the set of activities an organization undertakes to optimize its working relationship with its suppliers. Vendor management activities involve cost management, risk management, contract negotiations, and performance evaluation. •

Vendor management 130

Vendor management Management Procurement Risk management 130

ivalua

JULY 14, 2022

Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 244

Una

APRIL 12, 2023

EPISODE 110 Telling a Business Story Beyond the Numbers with Christian Frantz Hansen By Kelly Barner | April 12, 2023 Procurement has been working to build stronger, more partnership-based relationships inside the business, and yet we still struggle to maintain trust.

Collaboration 97

Collaboration Sourcing Procurement 97

Procurement Leaders

DECEMBER 9, 2022

We are working cross-functionally, in terms of productivity and cost-optimisation opportunities – this can include substituting materials, alternative formulations, lowering dosages, regional arbitrage, reducing inventories and shifting production to less affected regions, where applicable and possible.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

ivalua

JUNE 28, 2022

Redwood City, CA, June 28, 2022 – Ivalua, a global leader in Cloud Spend Management solutions, today announced a strategic partnership with C2FO , the largest global platform for working capital, to empower Ivalua customers with enhanced supplier selection and the ability to streamline costs and drive targeted bottom-line growth.

Spend management 130

Spend management Suppliers Influencing Sourcing 130

Una

APRIL 5, 2023

EPISODE 109 Delivering Exceptional Value Through Business Relationships with Heather Fotch By Kelly Barner | April 5, 2023 When someone asks you to define ‘trust,’ what comes to mind? Words like safety, confidence, and dependability are likely to rise in your thoughts.

Quality 98

Quality Collaboration Sourcing Procurement 98

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further. Are you using any tools or solutions to help you manage your spend? Doug has a B.S.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Supply Chain Game Changer

OCTOBER 13, 2022

In shipping and logistics, building strong relationships with your freight or carrier company is often underestimated. Undoubtedly, working with a freight company can make or break your business. That said, say you already have a freight partner and want to improve your relationship with them. Subscribe Here! Email Address.

Supply Chain Efficiency 106

Supply Chain Efficiency Logistics Collaboration Data 106

Procurement Heads

MARCH 22, 2023

I think when I looked at the roles after university I think procurement was where I wanted to be and I was lucky enough to get hired back to the company I worked for in my placement. We have eight people working within the UK team, which is a range of Senior Procurement Managers, Procurement Managers and Coordinators.

Contract 130

Contract Suppliers Procurement Supplier relationship management 130

Procurement Templates

OCTOBER 28, 2023

This article will break it down for you, explaining what it is and the best ways to make it work for you. Cost-effectiveness is the most obvious, but getting to know different suppliers also means you can access quality goods and build long-term relationships that may lead to further partnerships in the future.

Competitive bidding 130

Competitive bidding Bidding Price Suppliers 130

Una

MARCH 5, 2024

They’re also finding ways to do all of the above in a work environment where we have less in-person access to their colleagues. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Grieco.

Procurement team 72

Procurement team Sourcing Contract Procurement 72