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Supplier diversity programs are something many procurement professionals in the United States (U.S.) These programs are as familiar to procurement professionals as concepts like spend analysis or categorymanagement. businesses proudly maintain robust supplier diversity programs.
Supplier diversity is not just a box to tick on a corporate social responsibility checklist; it is a dynamic strategy. The post Supplier Diversity: How to Achieve Impact at Scale appeared first on Art of Procurement.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and suppliermanagement has taken center stage in driving change. See you soon!
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Create speed and transparency.
In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share. Effective P2P solutions support both.
Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as CategoryManagement. There may be different models in use, but there is a pretty well-accepted logical methodology behind how organisations approach their management of major spend areas.
CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management.
The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Pest Control Services appeared first on Art of Procurement.
As I write this blog, the COVID-19 pandemic continues to ravage populations and economies around the world. And to maximize the impact of these and other objectives, Procurement needs to be managing all spend and all suppliers. Spend under management is key. The same applies to suppliers.
Suppliers understand the time-consuming and challenging nature of responding to requests for proposals, security questionnaires, pricing requests, and other customer. The post AOP Introducing… RFP Ninja appeared first on Art of Procurement.
George held several leadership positions within the agency, including Regional Commissioner of the Greater Southwest Region, and he served as the inaugural Government-wide CategoryManager for Industrial Products and Services.
But now with strategic sourcing and categorymanagement, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in. appeared first on Ivalua.
Sagi Eliyahu is well-known for solving the “unsolvable” problems. In this episode of AOP Introducing, Sagi, Founder and CEO of. The post AOP Introducing… Tonkean appeared first on Art of Procurement.
If you joined us for Categorypalooza 2022, you helped make it our must successful event ever. We were joined by. The post All Categorypalooza Sessions Now Available on Demand appeared first on Art of Procurement.
Technology spend poses a unique set of challenges for procurement. Cost increases, waste and inefficiency, a crowded marketplace, and the. The post Top Priorities for IT Spend in 2024 appeared first on Art of Procurement.
Most procurement professionals have experience building cost models to support their negotiation prep. They can estimate the cost and amount. The post Boosting SaaS Software Negotiating Leverage appeared first on Art of Procurement.
The AOP Key Price Drivers is a content offering created in partnership with ProcurementIQ that looks at the direction of. The post Key Price Drivers – Domestic Air Travel appeared first on Art of Procurement.
The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Intermodal Container Rental appeared first on Art of Procurement.
The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Trade Show Displays appeared first on Art of Procurement.
In an earlier blog post, Transforming Government IT Procurement: Better Contracting Initiative Priority 2 , I introduced the Better Contracting Initiative (BCI) as a driving force behind our ongoing efforts to modernize government IT procurement. Please follow us on LinkedIn to join our ongoing conversations about government IT.
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