Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Logistics Viewpoints

FEBRUARY 14, 2024

It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Typically, we make it at least one month into the new year before we have to revise our plans.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

ivalua

JULY 26, 2022

More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason. As we review key considerations in the procurement of ESG products and services, there remains a significant disconnect between words and actions. Incentivize Procurement. Everything starts with people.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Cost Reduction Strategies 130

ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:

Procurement 124

Procurement Analytics Software Sourcing Strategies Supply Chain Planning Software 124

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Learn how data can drive your roadmap with our survey, “ Digital Transformation: How Close Are We? ”. way that procurement organizations are?organizing

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

HICX Solutions

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

SCM Research

DECEMBER 12, 2012

I recently received this year’s Global Supply Chain Survey by PricewaterhouseCoopers (PwC).

Survey 125

Survey Supply Chain Planning Software Supply Chain Planning Supply Chain Software 125

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. 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

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby! Procurement Report Card.

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? Every year, The Hackett Group surveys global organizations to better understand their top priorities. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

HICX Solutions

JULY 19, 2022

Jon is a renowned writer and speaker in Procurement. Starting his career as a software company founder, he now runs the Procurement Insights blog and hosts a podcast, PI Window on The World Show which airs on Blog Talk Radio. How Procurement transformed into the function it is today. They seem to be stuck in a holding pattern.

Optimal Sourcing 52

Optimal Sourcing Procurement Supply Chain Network Software Supply Chain Software 52

Freightos

APRIL 27, 2023

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. So what’s next for global freight data?

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

ivalua

FEBRUARY 11, 2021

A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. What are Green Supply Chain Strategies?

Material Savings 189

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 189

The Logistics & Supply Chain Management Society

APRIL 26, 2022

IDC’s March 2022 Future Enterprise Resiliency & Spending Survey showed that almost 50% of finance organizations are prioritizing consistent ESG practices and/or policies when considering industry ecosystem design and partners. Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. MORE FROM THIS EDITION.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Jaggaer

MARCH 23, 2020

And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50

SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices. What do we mean by “sustainable procurement practices?”

Optimal Sourcing 52

Optimal Sourcing Sustainability Procurement Supply Chain Strategy 52

SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices. What do we mean by “sustainable procurement practices?”.

Optimal Sourcing 52

Optimal Sourcing Sustainability Procurement Supply Chain Strategy 52

ivalua

JUNE 28, 2021

The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers. Organisations must modernise procurement tools to enable on time payments and give suppliers the visibility needed, thereby bolstering relationships.” .

Material Savings 130

Material Savings Switzerland Optimal Sourcing France 130

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. To Procurement leaders’ credit, they have made significant improvements in collaborating with suppliers. It may seem obvious but it is a major change for many procurement professionals.

Vendor Strategies 130

Vendor Strategies Material Savings Optimal Sourcing Supply Chain Planning Software 130

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. The Solution The company began working with RS Integrated Supply more than 10 years ago, when a punch-out procurement system was introduced.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Success is a product of the work done in the present.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

Synovos

FEBRUARY 21, 2023

The report, based on a global survey of indirect procurement professionals, reveals that 82% of respondents regard inflation as a major challenge over the next 12 months. Build Strong Relationships with Suppliers What tactics can indirect procurement professionals use to help them manage these various crises?

Supply Chain Software 52

Supply Chain Software Supply Chain Strategy Vendor Strategies Supply Chain 52

ivalua

FEBRUARY 12, 2021

More than one Procurement department has learned this the hard way. Conversely, some Procurement departments have discovered that non-strategic suppliers, or even tier two suppliers, offer them innovative solutions to alleviate the shortage. Nevertheless, an effective Procurement department doesn’t stop there.

Negotiating Skills 130

Negotiating Skills Demand Planning Software Modeling Software Buyer Training 130

Resilinc

FEBRUARY 5, 2024

In a 2023 survey conducted by EY, 90% of respondents said their organization has directly invested in third-party risk management. Enterprise Risk Management is important because risks are ever-present and require the strong governance of an executive leadership team to make significant, strategic changes that build a culture of resilience.

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98

HICX Solutions

FEBRUARY 26, 2020

In fact, according to a survey carried out by PayStream Advisors , 39% of enterprise-level (companies with revenues greater than $2bn) procurement and sourcing professionals listed ‘increasing supply chain efficiency’ as their main aim when it comes to managing suppliers. What makes us sure about this?

Optimal Sourcing 40

Optimal Sourcing Supply Chain Network Software Procurement Sourcing Strategies 40

HICX Solutions

OCTOBER 30, 2019

“If there were one word to describe the scenario chief procurement officers (CPOs) are facing in 2019, it would be complexity.” ” So begins the latest in-depth procurement report from Deloitte – the Global Chief Procurement Officer Survey 2019. Different types of procurement complexity.

Survey 40

Survey Quality Procurement Resource Reduction 40

Logistics Viewpoints

OCTOBER 8, 2021

The median estimate in a Bloomberg survey of economists was for a shortfall of $70.8 Nearly a dozen state governments said they are grappling with shortages of rapid tests, and the tests will become increasingly harder to procure in the near term. Survey respondents also lowered their expectations for future transportation capacity.

Logistics Network Optimization Software 179

Logistics Network Optimization Software Purchasing Skills Manufacturing Procurement Logistics 179

Proxima

MARCH 15, 2022

At Proxima, we strengthen the world’s most forward-thinking businesses by transforming procurement and supply chains to drive ever-increasing enterprise value. Presented by Forbes and Statista Inc., the list is based on results of an online, two-step methodology including expert and client surveys.

Survey 52

Survey Demand Planning Software Procurement Sustainability 52

Claritum

JANUARY 8, 2017

Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement.  by.

Procurement Analytics 39

Procurement Analytics Procurement Solutions Procurement Supply Chain Network Software 39

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52