Dr. Muddassir Ahmed on Innovation in Supply Chain Education

Requis

Muddassir Ahmed is a supply chain strategist, researcher, and educator. He is the founder of the SCMDOJO blog, podcast and educational platform , and is a widely celebrated thought leader with a large following. On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?.

A Humble 2020 Procurement Resolution – Transform the World 

ivalua

For Procurement leaders, that typically translates into saving a few percent here. For Procurement leaders today, those missed opportunities can be great. But for the most part, Procurement objectives remain too incremental rather than transformative. . So how can Procurement leaders drive such change? Digitization of Procurement and supply chain is an area that is ripe for incrementalism. Procurement Procure-to-Pay procurement supplier relationship management

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Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions. in this case, responsible sourcing. Source Smarter. Source: Purina. Source: Nestlé. procurement #sourcing #purchasing.

Supply Chain Education and Certification – What’s Missing?

Supply Chain Game Changer

That was the start of Supply Chain education. But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient? What is missing in Supply Chain education and certification? A course in Procurement, a course on Inventory management, a course in negotiation, and so on. Before training and education in the basics was needed because the jobs to be done were transactional. Subscribe Here! Email Address.

How JAGGAER and the UK Ministry of Justice Exceed Public Procurement Demands

Jaggaer

?. Public sector procurement is stuck in limbo – frequently the differences between public and private sector seem enormous, but they’re of te n exaggerated or misunderstood. In an era of austerity, procurement teams are facing increasing demand to save taxpaye r pounds.

The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. It’s important that procurement teams take into account the new risk reality and challenges that face them, their organizations and their value chains.

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Launched in 2014 and brought to you by the eWorld Procurement & Supply team, The Procurement Summit will provide senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit will provide: Educational seminars on the latest industry issues.

Sourcing Cost and Time Savings for America’s Brightest Orange

Jaggaer

“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University.

Procurement Experiences, Trends and the Future!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing. We have worked in hundreds of different industries and spend areas over many years in thousands of procurement projects. Subscribe Here!

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. SCM #SupplyChain #ikea #retail #logistics #procurement #purchasing.

Is Procurement a True Profession….Yet?

Supply Chain View from the Field

Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. There is certainly a lot of work to be done, and this exciting project that we’ve been traveling through will I believe provide some provoking ideas to drive the profession of procurement to new heights.

The Procurement Summit – 17 November 2015

Supply Chain Movement

The Procurement Summit. The Procurement Summit provides senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. The Procurement Summit offers an education-rich event including: - Educational seminars on the latest industry issues. - Date: 17 November 2015. Venue: The Midland Hotel, Manchester.

What the Department of Education’s Guidance Means for Higher Ed Procurement Teams

Jaggaer

Let’s be honest… it’s a confusing time to be in higher education. As the Department of Education, along with state education departments around the country, begin issuing recommendations for return to school plans , procurement teams are left asking what’s next for them. Each school is left making complex decisions, and the impacts on procurement planning are constant. Listen to our new podcast, The Procurement Mindset , to learn more about the return to school.

Change Management in Moving from Tactical to Strategic Sourcing

Supply Chain View from the Field

I had the opportunity to host a panel of Chief Procurement Officers at the Zycus Horizons 2015 meeting on October 5, 2015, on the subject of the journey organizations take in moving from tactical to strategic sourcing. The panel included Marianna Danchisko, CPO from Celgene, Angela Thomas-Anderson, CPO of QBE Insurance, and Barbara Ardell, from Palladin Associates, who worked for many years in procurement at P&G.

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA. Subscribe Here! Email Address.

4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability.

Hello Automated Procurement, Goodbye Tedium

Jaggaer

Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. Automated procurement means that procurement professionals are released from tedium while organizations enhance their efficiency and release additional value.

Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Performance management must be done regularly in order to be sure of always choosing the best supplier, while also educating others on how to improve their performance and grow their business. Digital transformation of procurement in fashion.

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5 Procurement Focus Areas for States in 2020

ivalua

It must be clearly visible to everyone in the state that procurement is well run. These legacy systems include many different processes, including sourcing, procurement, and payment systems used by the states. Although all states will benefit from modernizing their procurement processes and systems by eliminating this technical debt, modernization has other benefits that can look differently for each of the states. Procurement Public Sector

Sales Can Use RACI Charts to Understand Procurement… and vice versa!

NC State SCRC

Although RACI “charts” are often viewed as irrelevant and bureaucratic, they can provide an important clue regarding the “decision-rights” for procurement and contracting decisions. An important foundational issue for sales personnel to understand is the relative level of procurement maturity within the organization, and the extent to which the organization has developed a category management structure. Do they have a formal strategic sourcing program?

Transparency with Purpose – Public Sector Procurement

ivalua

Procurement transparency exists within the public sector because it is required by law. Running a transparent procurement operation contributes to the trust that both suppliers and the general public have in government agencies. Public sector procurement transparency is steadily evolving towards more transparency with full context. The post Transparency with Purpose – Public Sector Procurement appeared first on Ivalua. e-Procurement Public Sector

CAPS Procurement Analytics Study Highlighted in Inside Supply Management

NC State SCRC

This month’s Inside Supply Management published by the Institute for Supply Management features an article announcing the launch of a study being undertaken by the Center for Advanced Purchasing on the evolution of procurement analytics. What forms of cognitive solutions are emerging to drive real-time decision-making and predictive sourcing capabilities? What sources of data must be developed and adopted to support these analytical solutions?

JAGGAER is the Only Full Suite Provider Named as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites and as a Leader in Two Gartner Magic Quadrants

Jaggaer

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. After being named a Leader by Gartner analysts in Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites and Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites*, JAGGAER was recognized on Gartner Peer Insights as a direct reflection of customer satisfaction.

Procurement Technology: An Update from Spend Matters in Baltimore

NC State SCRC

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. Next up was Dan Carrell, Vice President of Global Procurement at IBM. 22,000 sourcing events. $50

The Future of the Chief Procurement Officer … Is Already Here!

Supply Chain Game Changer

Check out What Exactly Is Procurement? Kodiak Rating’s CTO was recently in attendance at a Procurement Leaders event held in London, titled DITx?—?Data As written by Procurement Leaders, “DITx is Europe’s ONLY event specifically designed for procurement professionals wanting to capitalize on a whole new set of opportunities that disrupt yet provide new transformative, value adding capabilities” ( Procurement Leaders 2017 ). Subscribe Here! Email Address.

Unpacking Sourcing Business Models: 21st Century Solutions for Sourcing Services

Supply Chain 24/7

This white paper is a collaborative effort among the University of Tennessee, the Sourcing Industry Group, the Center for Outsourcing Research and Education, the International Association for Contracts and Commercial Management, and was the inspiration for the 2015 book, Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business Models in Modern Procurement

Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on. Prediction 3 – Corporate responsibility (diversity, environment, labor and human rights) will become an integral part of the sourcing and risk management process.

Electronics Industry: Top 3 Steps to Keep in Mind When Implementing a Sustainable Procurement Program

EcoVadis

With the supply chain representing 50 to 70 percent of a company’s sustainable footprint , implementing sustainable procurement practices is the most effective method for making real progress toward sustainability. Sustainable procurement offers benefits for all parties – it delivers customers safe, ethically sourced products, and reduces overall supply chain risk. There are a few steps to keep in mind when implementing a sustainable procurement program.

Ensuring Workers’ Rights in Global Supply Chains

Supply Chain Brain

If you start on the factory floor, you start creating change step by step,” says Sofie Nordström, co-founder of QuizRR , a Swedish training and education venture for ensuring corporate social responsibility (CSR). Often it’s those deeper levels that are the source of violations or inadequate working conditions. Business Strategy Alignment Education & Professional Development Global Supply Chain Management HR & Labor Management Supply Chain Security & Risk Mgmt.

Where Will Companies Find Their Future I.T. Expertise?

Supply Chain Brain

It’s the model under which companies draw on talent from multiple sources, including in-house staff, outsourced services providers, and freelancers. Talent today comes from the source that meets a company’s needs of the moment. As with any supply chain, it all begins with the source. expertise, that’s education. I would say that there’s a greater awareness in the education industry of the need for I.T.

Upcoming Webinar: All You Need to Know about Oracle Procurement Cloud (2/25)

Oracle SCM

Interested in Oracle Procurement Cloud? Join Inspirage for an educational webinar on Thursday, 2/25 and discover how to reduce costs, manage risk and improve decisions. Oracle Procurement Cloud can reduce costs through better negotiations, bid analysis and award recommendations. Interested in Oracle Procurement Cloud? Join Inspirage for an educational webinar on Thursday, 2/25 and discover how to reduce costs, manage risk and improve decisions.

Purchasing & Supply Management: What We Should Teach (Guest Post by Lydia Bals)

SCM Research

As part of the PERFECT project (Purchasing Education and Research for European Competence Transfer) a group of researchers conducted case study research to identify individual buyer competences, knowledge and skills that are required to cope with such current requirements and prepare for future trends. Teaching Procurement Report Supply Chain Management

Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!

Supply Chain Game Changer

Hey Procurement! This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. And Danny’s work in sourcing and procurement is at the centre of making that happen. In my current world of managing suppliers, sourcing goods and identifying opportunities to save money, the principles have remained the same.

How Locally Grown Products are Disrupting F&B Manufacturing

QAD

It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. The “locally grown” movement has been fueled by the perception that locally grown, produced and sourced foods contain many benefits. It’s important to read up on individual food and beverage products and educate yourself on where exactly they’re being sourced. It is a concept and source of food products that is here to stay.

Leveraging Data in a Digital Transformation: Lessons from JAGGAER’s Fireside Chat

Jaggaer

Digital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores , delivery rates and more. At REV2019 , JAGGAER hosted a fireside chat panel discussion with several procurement professionals to discuss these exact dilemmas and gather expert opinions. For more on leveraging data, download JAGGAER’s 2019 Digital Procurement Survey Report. Events Source-to-Pay