ProcurePort

JULY 13, 2022

. • Companies cannot limit themselves to only sourcing from one supplier or market when value opportunities abound elsewhere. The post Global Procurement Services and Strategic Sourcing – ProcurePort appeared first on ProcurePort Blog.

Sourcing Strategies 52

Sourcing Strategies Sourcing Procurement Global 52

EC Sourcing Group

JANUARY 11, 2021

Within the procurement of goods, there are many processes as well, such as sourcing and the role of reverse auctions in strategic sourcing. However, there are many times where the reverse auction process is warranted and can play a significant role in your strategic sourcing strategy.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 52

USC Consulting Group

FEBRUARY 5, 2019

That’s where Strategic Sourcing comes into play. By overhauling sourcing frameworks and opting for an integrated approach, enterprises can foster closer vendor relationships, reduce the total cost of ownership, and lay the groundwork for sustainable success. Back to top ?.

Manufacturing Procurement 49

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 49

ivalua

JULY 15, 2015

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions.

Sourcing Strategies 100

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 100

ivalua

NOVEMBER 25, 2015

However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Supplier Management Sourcing 100

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 100

ivalua

NOVEMBER 19, 2015

If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. The post Want to be a Strategic Sourcing Rising Star? And the C-suite knows just who to come see and hold responsible when such events occur. Think New Products.

Manufacturing Procurement 124

Manufacturing Procurement Purchasing Skills Sourcing Gartner 124

Logistics Viewpoints

JANUARY 14, 2016

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity.

Optimal Sourcing 100

Optimal Sourcing Sourcing Transportation Management Transportation 100

Bristlecone

JULY 14, 2020

In aviation, strategic sourcing can reduce the cost and fix the nuts and bolts of existing processes with the help of a well-performing sourcing team. Low-Cost Country Sourcing. The post White Paper: Strategic Sourcing in the Aviation Industry – How to Increase and Accelerate Savings appeared first on Bristlecone.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Sourcing Strategies 52

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Supply Chain Brain

OCTOBER 7, 2020

As organizations retool their supply chains for 2021, they have an opportunity to revisit their sourcing strategies, too.

Sourcing Strategies 105

Sourcing Strategies Sourcing Security Supply Chain Strategy 105

Supply Chain Brain

JANUARY 27, 2022

This technology is changing the game for supply chain sourcing professionals, putting them in a position to streamline processes, mitigate supply disruptions, save money and significantly add to their top and bottom lines.

Supply Chain Software 98

Supply Chain Software Sourcing Supply Chain Supply and Demand 98

ProcurePort

JULY 20, 2022

• Strategic sourcing in any organization means the development of a methodology of gathering and using the information in a manner that leverages the purchasing power of an organization to maximize value in procurement. What this means is that strategic sourcing needs to be well thought out.

Purchasing Skills 96

Purchasing Skills Sourcing Procurement 96

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Optimal Sourcing 246

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Purchasing Skills 246

LevaData

AUGUST 21, 2019

Richard Barnett, LevaData’s VP of Marketing and Alliances sat down with Supply Chain Brain to discuss AI’s growing role in strategic sourcing. The post Supply Chain Brain Q&A: Future of AI for Strategic Sourcing appeared first on LevaData.

Sourcing Strategies 40

Sourcing Strategies Sourcing Agile and Lean Supply Chain Supply Chain Strategy 40

ivalua

OCTOBER 4, 2021

The post Crelan Digitizes Strategic Sourcing with Ivalua appeared first on Ivalua. “We look forward to contributing to Crelan’s success thanks to our significant expertise in helping our Financial Services sector customers reach their process optimization and regulatory compliance goals.”.

Optimal Sourcing 130

Optimal Sourcing Sourcing Belgium Optimization Software 130

ivalua

AUGUST 12, 2021

The post Consero: Procurement & Strategic Sourcing Forum appeared first on Ivalua.

Sourcing 130

Sourcing Procurement 130

ivalua

DECEMBER 7, 2022

The post <strong>Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract</strong> appeared first on Ivalua. Learn more at www.ivalua.com. Follow us at @Ivalua. Global Media Contact. Corporate Communications media@ivalua.com.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Purchasing Skills Sourcing 130

ivalua

NOVEMBER 28, 2020

The post Consero – Procurement & Strategic Sourcing Virtual Forum appeared first on Ivalua.

Sourcing 130

Sourcing Procurement 130

ProcurePort

MAY 10, 2023

• Improved Cost Efficiency: Strategic sourcing software enables businesses to analyze and optimize their procurement processes, resulting in significant cost reductions and improved supplier negotiation outcomes.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Sourcing Strategies Optimization Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Reliable and responsive suppliers are key for supply chain performance and success and hence the supply chain leaders require not only a strategic approach but also an agile approach towards outsourcing. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

ProcurePort

MAY 11, 2022

•The global nature of business today is such that a business can source items from anywhere in the world if it makes logistical and business sense. The post What Does a Strategic Sourcing Manager Do? Strategic Sourcing Roles and Responsibilities appeared first on ProcurePort Blog.

Sourcing 52

Sourcing Supply and Demand Procurement Global 52

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process. Tom Reynolds / Robert Fretwell. 0207 436 0420.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

ProcurePort

SEPTEMBER 28, 2022

• In today’s business environment, a strategic sourcing strategy is critical for optimal operations. Strategic sourcing takes a long-term and proactive view of a company’s purchasing activities. The post 7 Key Trends of Strategic Sourcing appeared first on ProcurePort Blog.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Purchasing Skills Sourcing 52

Supply Chain Brain

MARCH 23, 2023

Strategic sourcing aims to create long-term value by optimizing the procurement process.

Optimal Sourcing 64

Optimal Sourcing Sourcing Procurement Price Mitigation Strategies 64

ProcurePort

SEPTEMBER 15, 2022

• How can you take advantage of the Strategic Sourcing Process flow to get your organization back on track? The post Understanding The 7-Step Strategic Sourcing Process Flow appeared first on ProcurePort Blog. Marketwatch.com informs us that while the United States economy isn’t in a recession, it’s still depressing.

Sourcing 52

Sourcing United States 52

Xeeva

MAY 20, 2021

The post Strategic Sourcing by Managing Tail Spend, Maverick Spend, and Spot Buys appeared first on Xeeva. Controlling indirect procurement spending can introduce various cost-saving opportunities and help organizations improve their operating costs.

Optimal Sourcing 98

Optimal Sourcing Purchasing Skills Sourcing Strategies Procurement Analytics 98

ProcurePort

NOVEMBER 25, 2021

Strategic sourcing involves optimizing a school’s overall spending with few suppliers, going through the process of establishing contracts as a university or as one educational institution, as opposed to every department or school having to go through this process themselves.

Optimal Sourcing 52

Optimal Sourcing Sourcing Education Procurement 52

ProcurePort

MARCH 16, 2022

A strategic sourcing consultant is a person that helps other businesses to find the right suppliers for the items they need. In most cases, companies will engage a strategic sourcing consultant when sourcing from another country. It leads […]. It leads […].

Sourcing 52

Sourcing How To Procurement Company 52

DocShipper Sourcing

JUNE 24, 2022

Strategic sourcing is all about identifying the potential vendors, negotiating and engaging with them through purchasing agreements for the goods and services that meet the procurement needs of an organization. Simply put strategic sourcing is all about increasing profitability through effective procurement process.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Procurement 52

Jaggaer

NOVEMBER 29, 2018

In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. In order to be named a Customers’ Choice, a vendor must have a minimum of 50 published reviews with an average overall rating of 4.2 stars or higher.

Optimal Sourcing 40

Optimal Sourcing Gartner Manufacturing Procurement Sourcing Strategies 40

EC Sourcing Group

JUNE 1, 2021

How to Master Your Strategic Sourcing Process. Suppose you’re new to strategic sourcing, or you’re just taking a look at your strategic sourcing methodology to ensure that you’re following best practices. Your Strategic Sourcing Process: What Does Strategic Sourcing Mean?

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Optimal Sourcing Negotiate Pricing 52

DocShipper Sourcing

MAY 13, 2022

This is where strategic sourcing comes in. If … The post What is Strategic Sourcing and How Does It Work? Sourcing services. One of the most important aspects of any company is its ability to procure the best products and services at the lowest possible cost. Another essential point is the people.

Sourcing Strategies 52

Sourcing Strategies Sourcing Procurement Cost Reduction Strategies 52

ProcurePort

JULY 22, 2020

What is strategic sourcing? According to businessdictionary.com strategic sourcing is defined as “A method of managing procurement processes for an organization in which the procedures, methods, and sources are constantly re-evaluated to optimize value to the organization.” The post What is Strategic Sourcing?

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Procurement 52

DocShipper Sourcing

SEPTEMBER 16, 2021

It leaves firms with little room to develop … The post 5 Key Benefits Of Strategic Sourcing appeared first on ?Sourcing Sourcing services. As a result, most teams position rival suppliers against one another to save money on purchases.

Purchasing Skills 52

Purchasing Skills Sourcing Procurement Company 52

EC Sourcing Group

MAY 25, 2021

Strategic sourcing and procurement are two words that should always be spoken together, as sourcing is perhaps the most important aspect of procurement. However, you should always ensure that you’re using strategic sourcing best practices and utilizing the best tools available. Curb spending. Efficiency.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Negotiating Skills Analytics Software 52

ProcurePort

JANUARY 29, 2020

In the same vein, the era of manual sourcing is eclipsing, while automated procurement solutions are evolving as a result of digital transformation. With the help of strategic sourcing solutions, businesses can maintain better relationships with strategic business partners, […].

Sourcing 52

Sourcing Procurement Company 52