ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals. This translates into a powerful lesson learned for Procurement: motivate your suppliers rather than merely manage them. Why would it be different for suppliers?

Supplier Management 109

Supplier Management Procurement Pharmaceutical Innovation 109

ProcurePort

FEBRUARY 4, 2021

The post 5 Types of Supplier Management Tools That Make Life Easier appeared first on ProcurePort Blog. Supplier ManagementThe procurement landscape has changed a lot since the onset of the coronavirus pandemic.

Supplier Management 52

Supplier Management Tools Procurement Software 52

QAD

SEPTEMBER 3, 2020

The disruption caused by the COVID-19 pandemic has certainly increased the awareness among manufacturers for improved communication and collaboration with suppliers. Manufacturers require integrated supplier management to ensure the timely flow of goods and information.

Supplier Management 64

Supplier Management Automotive Sourcing Quality 64

EC Sourcing Group

JUNE 3, 2020

What Is Strategic Supplier Management? Perhaps one of the toughest tasks of all in the entire supply chain and procurement process is mitigating the human factor and evaluating the relationships you have with your suppliers and strategic partners. Supplier management is not talked about nearly enough as other procurement processes or management, yet it is still a critical aspect of the entire chain. Lastly, there are your vendors or approved suppliers.

Supplier Management 40

Supplier Management Procurement Software Groups 40

ivalua

DECEMBER 3, 2020

The post Supplier Management Demo appeared first on Ivalua

Supplier Management 100

Supplier Management 100

ivalua

FEBRUARY 3, 2021

The post Evolving Supplier Management for Public Procurement appeared first on Ivalua

Supplier Management 130

Supplier Management Procurement 130

Jaggaer

MARCH 2, 2020

What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? The report, therefore, provides a very useful insight into supply chain management and resilience from the perspective of this community. Organizations, it seems, are getting better at managing their immediate (tier 1) suppliers. Incidents involving tier 1 suppliers fell below 50% for the first time since 2016 (48.9%). Tier Suppliers.

Supplier Management 66

Supplier Management Procurement Report Supply Chain Disruption 66

ivalua

MAY 9, 2019

Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management. Who is the supplier, who are the points of contract, what are the terms of service or delivery?

Supplier Management 130

Supplier Management Industrial Industry Supply Chain Risk Management 130

ivalua

DECEMBER 10, 2015

Apple has long been known as a leader in supply chain management with Gartner consistently ranking them number one in its annual report identifying the Top 25 Supply Chain Leaders. Apple’s sourcing and supplier management practices are under a constant microscope and have certainly taught us many valuable lessons including: The importance of keeping your supply chain as simple as possible. The need to demand supplier transparency and responsibility.

Supplier Management 122

Supplier Management Sourcing Supply Chain Report 122

ivalua

NOVEMBER 25, 2015

They build strong supplier relationships to deliver on-time, high quality products and meet capacity demands. Given that sourcing and supplier management teams are responsible for building and maintaining supplier relations, they also have the opportunity to drive innovation. Through strong supplier management, you hold a key to helping your company tap into a much larger brain trust that extends beyond their own walls.

Supplier Management 100

Supplier Management Sourcing Manufacturing Innovation 100

HICX Solutions

JUNE 6, 2019

“The objective of supplier management is to ensure that all contracts with suppliers support the needs of the business.” At first glance, supplier management seems like an easy thing to sum up. In very broad terms, it refers to the management of relationships with third-party vendors that supply your organisation with essential goods and services. What is supplier management? Why is effective supplier management important?

Supplier Management 40

Supplier Management Policies Government Course 40

TPSynergy

SEPTEMBER 2, 2019

Along with your customers, suppliers and purchasing agents need the same level of info just as fast. The fastest and most cost-effective way to implement this is with a supplier vendor portal. Here are some of its benefits: SUPPLIER SELF-SERVICE. Portals allow the supplier to have a high degree of autonomy. Inquiries that would have taken days or even weeks through a lengthy process of calls and emails is instead done by the supplier in a few clicks.

Supplier Management 40

Supplier Management Supply Chain Distribution Sourcing 40

HICX Solutions

MAY 23, 2019

Here at HICX we are championing the importance and value of evolved supplier management. Evolved supplier management focuses on moving beyond mere strategic sourcing and category management, and instead encouraging organisations to think differently about how they work with their suppliers. In this blog we take a look at the key components of supplier management , starting with… 1. Supplier Innovation.

Supplier Management 40

Supplier Management Quality Survey Data 40

HICX Solutions

MARCH 17, 2020

One of the most common scenarios is to have the P2P system become the master for supplier data and the single portal for all suppliers to the business. Firstly, suites aren’t designed for the huge variety in the supplier base. Sure, suppliers have in common that they sell you products or services and you pay them, but that’s about where the commonality ends. This has significant implications for who can add or modify what data relating to the supplier.

Supplier Management 40

Supplier Management Exercises Procurement Case Study 40

Claritum

JULY 31, 2018

This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Supplier Performance Management. Supplier Risk, Diversity and Compliance Management. Supplier Relationship Management. 1 Supplier Information Management. 2 Supplier Lifecycle Management.

Supplier Management 39

Supplier Management Procurement Government Quality 39

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up. Are there suppliers that you spend less on who could become the cornerstone of your product?

Supplier Management 100

Supplier Management Sourcing Report Metrics 100

ivalua

JANUARY 15, 2021

The solution will support Intalere’s Supplier Management, eSourcing, Contract Lifecycle Management and transactional procurement processes. New York, NY January 07, 2021. We are excited to announce that Intalere, a healthcare supply chain GPO based in St. Louis, Mo.

St. Louis 26

St. Louis New York Procurement Supplier Management 26

Jaggaer

NOVEMBER 3, 2020

The post How to Strengthen Your Supplier Management Strategies appeared first on Jaggaer.

Supplier Management 52

Supplier Management Strategy How To 52

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. The post Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

Survey 141

Survey Sweden Procurement Risk Management 141

ivalua

FEBRUARY 12, 2021

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Now is the time to rethink supplier relationships for 2021 and beyond. Supplier Relationship Management – time to rewrite the rule-book?

Procurement 130

Procurement Innovation Course Analysis 130

Jaggaer

JULY 23, 2019

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. Supply chains are multi-tiered and therefore difficult to manage. For these and many other reasons, the role of purchasing and supplier management is highly strategic in the fashion industry.

Italy 40

Italy Bangladesh Procurement Supplier Management 40

ivalua

SEPTEMBER 3, 2015

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. And as time passed, this critical talent has evolved well beyond the ability to squeeze vendors and suppliers down to the lowest price. But collaboration is not reserved for suppliers.

Supplier Management 148

Supplier Management Sourcing Procurement Innovation 148

ivalua

SEPTEMBER 3, 2015

Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. And as time passed, this critical talent has evolved well beyond the ability to squeeze vendors and suppliers down to the lowest price. But collaboration is not reserved for suppliers.

Supplier Management 100

Supplier Management Sourcing Procurement Innovation 100

Jaggaer

MAY 19, 2020

“The automation has streamlined the Council’s contract management and supplier performance processes and as such we feel that this has increased our business efficiency and improved internal and third-party collaboration by reducing operating expenses.” – Tommy Burns, Procurement Project Officer – East Ayrshire Council. B oth councils adopted JAGGAER’s contract lifecycle management software , which complemented their use of (public contracts Scotland) PCS-Tender.

Supplier Management 40

Supplier Management Procurement Benchmarking KPI 40

CHAINalytics

APRIL 2, 2020

At this point, most … The post Managing Your European Supply Chain Network: Tactical Responses to the Coronavirus Pandemic appeared first on Chainalytics. Blog Supply Chain Consulting Supply Chain Design distribution planning Flow Path Optimization Production Planning Scenario Planning strategic network design supplier management Supply Chain Network Design supply network planningCOVID-19 is testing the resiliency of supply chains worldwide and particularly in Europe.

Europe 76

Europe Strategy Supply Chain Supplier Management 76

Supply Chain Brain

JUNE 17, 2019

When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are

Supplier Management 70

Supplier Management Procurement Company 70

ivalua

MARCH 13, 2019

Afrika Morris, Senior Field Marketing Manager UKI at Ivalua. F1 Veteran, Mark Gallagher highlighting the impact of supplier innovations on pit stops – resulting in team success. Adopt a Collaborative Approach – Embrace suppliers as partners, not vendors. If you are successful, your suppliers will be successful, and vice versa. Source the right suppliers and set a good foundation from the first steps to build trust and foster innovation.

Innovation 109

Innovation Supply Chain Security Procurement 109

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Among other things, this prevents redundancies when suppliers get asked the same questions by multiple departments. . Onboarding High-Value Suppliers.

Innovation 100

Innovation Procurement Sourcing Policies 100

ProcurePort

AUGUST 19, 2020

Without inventory management, businesses, economies, and societies would descend into chaos. Inventory management is one of the most crucial elements in developing strong and resilient supply-chains that aren’t affected by the volatile marketplace. Supplier Management

Inventory Management 52

Inventory Management Software Inventory Supply Chain 52

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. Procurement knows supplier information is useful and important, and that it needs to be cleansed and standardized after we collect it. It does not tell us much about the suppliers.

Procurement 122

Procurement Sourcing Analysis Data 122

HICX Solutions

OCTOBER 13, 2020

Richard is professor and chair in Supply Chain Strategy at Cranfield University and has had a very distinguished career, both in Procurement and supply chain management.

Data 52

Data Metrics Survey Procurement 52

HICX Solutions

OCTOBER 13, 2020

Richard is professor and chair in Supply Chain Strategy at Cranfield University and has had a very distinguished career, both in Procurement and supply chain management.

Data 52

Data Metrics Survey Procurement 52

ivalua

JUNE 6, 2019

Managing Director, Art of Procurement. If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Unlike industries such as retail and professional services, which start by managing indirect spend and then gradually transition to influence directs, most procurement teams in the automotive space take a direct-spend first approach.

Procurement 100

Procurement Automotive Exercises Data 100

Unleashed

JANUARY 18, 2021

Typical firms will use nutraceutical software to support their own manufacturing, or to manage the process via contract manufacturers – handling purchasing, distribution, and sales and marketing in-house. Rising numbers of obese Australians are also driving sales of weight management products.

Australia 56

Australia Report Trends Industrial 56

EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Contract management.

Software 52

Software Procurement Tools Forecasting 52