ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain Disruption 244

Supply Chain Disruption Gartner Supply Chain Optimization Supply Chain Planning 244

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Supply Chain Strategy 209

Supply Chain Strategy Supply Chain Optimization Supply Chain Design Supply Chain Planning 209

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.

Procurement 130

Procurement Study Supply Chain Strategy Supply Chain Planning 130

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Procurement 130

Procurement Manufacturing Supply Chain Strategy Supply Chain Optimization 130

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Procurement 130

Procurement Logistics Supply Chain Optimization Supply Chain Strategy 130

Talking Logistics

SEPTEMBER 19, 2022

Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent Freight Procurement. The post [Video] The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.

Procurement 147

Procurement Freight Video Supply Chain 147

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement 130

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions.

Procurement 130

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain 130

Talking Logistics

DECEMBER 12, 2022

The post Discussing the Lessons Learned in Transportation Procurement Management appeared first on Talking Logistics with Adrian Gonzalez.

Procurement 147

Procurement Transportation Supply Chain Logistics 147

ivalua

MARCH 16, 2022

Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. . Procurement Priorities.

Procurement 130

Procurement Supply Chain Optimization Supply Chain Strategy Risk Management 130

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Procurement 87

Procurement Supply Chain Strategy Supply Chain Optimization Supply Chain Design 87

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Procurement 81

Procurement Trends Supply Chain Strategy Supply Chain Design 81

The Network Effect

AUGUST 27, 2020

The post Optimizing Direct Procurement and the Inbound Supply Chain appeared first on The Network Effect.

Supply Chain Optimization 278

Supply Chain Optimization Supply Chain Procurement Network Optimization 278

Proxima

JUNE 5, 2023

In the world of procurement and supply chain, this is an important moment to pivot our approach. This comes to the very heart of procurement’s strategic role in the success of a business. The post Cost savings, evolving your business, and the power of procurement appeared first on Proxima.

Procurement 52

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain 52

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Procurement 98

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain Design 98

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement 95

Procurement Supply Chain Strategy Supply Chain Supply Chain Disruption 95

SCMDOJO

SEPTEMBER 7, 2021

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. Procurement. And so, they track an array of metrics such as KPIs.

Procurement 143

Procurement Metrics Sustainability Data 143

ProcurePort

MARCH 17, 2023

Procurement is no exception to this new reality. While procurement and supply chain management professionals increasingly serve as trusted advisors to CFOs and other C-level executives, finding opportunities to save money remains a top priority. As with every industry, technology is quickly changing the way we do business.

Procurement 59

Procurement Industrial Industry Supply Chain 59

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement 64

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain Optimization 64

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 52

Procurement How To Supply Chain Planning Supply Chain Strategy 52

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.

Procurement 98

Procurement Analysis Predictive Analytics Supply Chain Strategy 98

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement 98

Procurement Tools Supply Chain Optimization Software 98

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Today, we’re covering automated procurement and how it can help your business in the future.

Procurement 84

Procurement System Supply Chain Optimization Supply Chain 84

CHAINalytics

MARCH 3, 2022

Because of stellar international growth, one of the world’s largest brewers was working with a complex and costly procurement process that begged for serious efficiency improvements. The beer giant partnered with Chainalytics to harmonise its worldwide logistics sourcing efforts.

Procurement 105

Procurement Logistics Transportation Global 105

Proxima

FEBRUARY 8, 2023

Are you ready for the changes to procurement rules? Public procurement laws are changing. The UK Government’s Procurement Bill is working its way through Parliament and now could be introduced as early as the end of 2023. The changes to procurement law are seen as a benefit of Brexit by the UK Government.

Procurement 52

Procurement Supply Chain Government Policies 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Procurement 52

Procurement Sustainability Supply Chain Optimization Supply Chain Design 52

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? All this functionality helps save costs, choose the best vendors, ensure compliance, appraise supplier risk, and streamline procure-to-pay cycle.

Procurement 98

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain 98

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Procurement 52

Procurement Supply Chain Optimization How To Inventory 52

Proxima

MAY 26, 2023

So, what does this all mean for procurement? Procurement leaders should be conscious of the short-term environment, but it’s also their role to look at what might be a further down the road and think strategically about how their work is aligning with long-term business priorities. Let’s start with the short-term.

Procurement 52

Procurement Supply Chain Planning Supply Chain Germany 52

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 80

Procurement Supply Chain Strategy Supply Chain Planning Supply Chain 80