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In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying CategoryManagement to the Challenges of a New Age appeared first on Art of Procurement.
Federal Monthly Insights - Contract Management Modernization - 9/24/2024 [link] Download audio The State Department is embarking on a transformation in how it performs acquisition. It’s moving to a categorymanagement approach, organizing procurement around the primary categories of spend.
“Will categorymanagement, under its current guise, ever get mainstream adoption? If it doesn’t, is procurement destined to be a. The post Will CategoryManagement Ever Become Mainstream? appeared first on Art of Procurement.
The post [Pod] Improving the Flexibility of your CategoryManagement Skills w/ Steve Trussell appeared first on Art of Procurement. “The first step is answering, ‘What are we trying to accomplish as a company?’ Sometimes that’s the hardest question to.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 2: CategoryManagement appeared first on Art of Procurement. “Digital products become a bedrock of all the processes and the transformation that is taking place in the organization.” –Sanjeev.
Categorymanagement in procurement is a bit like pickles in your sandwich. The post What is CategoryManagement? According to the Experts) appeared first on Art of Procurement. Some people think it’s outdated. Many experts think.
There is no standard approach to categorymanagement. Every organization, procurement leader, and categorymanager must build a plan to. The post Build Your CategoryManagement Framework with Five Evergreen Principles appeared first on Art of Procurement.
“I think categorymanagement is great fun because you have the freedom to do things. The post CategoryManagement: How Far We’ve Come, How Far We Can Go appeared first on Art of Procurement. It’s not following a rote.
The post [Pod] Navigating the Perfect Storm Using CategoryManagement w/ Stephane Morel appeared first on Art of Procurement. “We have so many priorities to consider. At the same time, we are navigating through the perfect storm.
An effective categorymanager is like the CEO for their own product or service category. The post What Does a CategoryManager Do? (To To Elevate Procurement’s Impact) appeared first on Art of Procurement. They develop and communicate crystal.
Categorymanagement processes don’t have to be complicated to be effective. The post Learn from the 4-step CategoryManagement Process Refined by Novartis appeared first on Art of Procurement. You may have seen 8 or even 10 step.
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 supplier management has taken center stage in driving change.
Procurement has to be able to. The post [Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan appeared first on Art of Procurement. “The reason you need AI is because you never know what you don’t know.
“In our opinion, you have to take a categorymanagement approach to supplier diversity. Find those categories where there is. The post [Pod] Benchmarking Supplier Diversity to Drive Performance w/ Aylin Basom and Lois Eichacker appeared first on Art of Procurement.
“If you want to be successful in what you do personally or professionally, you’ve got to manage relationships because the. The post Managing Services Procurement on a Grand Scale appeared first on Art of Procurement.
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Technology has radically changed procurement activities and procurement roles across virtually all our spheres of activity.
At 2018’s Sourcing Outlook we had the honor of having Bonava ’s CPO, Mia Lewis, host a roundtable on starting a completely new Procurement organization from scratch. During the active discussion many points were brought up that I believe can be helpful for any Procurement organization, old or new, that is looking for inspiration in 2019.
The post [Pod] Establishing Procurement in a Moonshot Factory w/ Vytas Sliesoraitis appeared first on Art of Procurement. Build the processes. Learn about the product lifecycle. Start to get early wins with different products and.
Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.
The post Buyer Power Score – Pest Control Services 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.
Michael Derrios is the senior procurement executive at the State Department. “It It helps me with categorymanagement. But that is not the panacea for categorymanagement. At that dollar threshold, we’re expecting program offices to have a more formalized plan and approach for program management.
Procurement’s habitat is digital. And yet, The post [Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson appeared first on Art of Procurement. Every creature on earth has a natural habitat.
Best practice financial services procurement capabilities now available for rapid deployment. Redwood City, CA June 25, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for financial services.
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.
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.
Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
Services spend is becoming an increasingly important strategic category for procurement to manage as more and more businesses rely on. The post Analyzing the Global State of Services Procurement appeared first on Art of Procurement.
Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.
What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.
The post Escaping the Services Procurement Comfort Zone appeared first on Art of Procurement. “We have to incentivize the supplier to collaborate with us in a way that creates a different way of doing.
“In procurement’s operating model of the future, internal teams are delivery leaders, relationships builders, and the ones who understand what. The post Announcing the Launch of Art of Procurement SpendPros appeared first on Art of Procurement.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. JFC leverages only best-in-class processes and technologies, with its full operational procurement system used over the years to support its rapidly growing store network in the Philippines.
The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 4: Procure to Pay appeared first on Art of Procurement. “If your data feeds back into your upstream processes, that helps you make better decisions and eventually helps the overall.
In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Incentivize procurement w/performance goals & KPIs that encourage supplier collaboration to drive meaningful changes in behavior.
The National Health Service (NHS) has been running a centralised model for health care procurement in England for a few years now. This brief written submission responds to the call for evidence issued by the Public Accounts Committee in relation to its Inquiry “NHS Supply Chain and efficiencies in procurement”.
The post Art of Procurement Launches SpendPros, Expert-guided Category and Sourcing Enablement appeared first on Art of Procurement. “If our experts succeed, if the processes we build succeed, it will train the client’s team in what best in.
The post [Pod] Getting to Know Should-Cost Analysis w/ Yushiro Kato appeared first on Art of Procurement. “Should-cost analysis is just a tool. Even if you have a clear breakdown, if you do not have a good.
Author: Graham Allen There are many similarities and differences between public and private procurement. However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. A solid procurement like a good building begins with a strong foundation which takes time to build properly.
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. Work to achieve 100% supply chain visibility.
He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages. This, he said, was an example of using procurement to drive competitive advantage and revenue. He gave some really useful experienced-based insight into managing a transformation. Rogers had no less than 10 (!)
The agency plans to partner closely with industry, she added, and its IT categorymanagement office within the Federal Acquisition Service is in the process of developing an acquisition resource guide for generative AI and specialized computing infrastructure. It’s gonna identify use cases.
Public procurement can shape our world. On 15-16 June, together with the governments of Albania, Italy and the Netherlands, we held a conference on Open and Sustainable Procurement in Europe for about 100 procurement leaders from 25 European countries. There were many, many more great examples to share.
The post A Fresh Take on the Future of Procurement with The Hershey Company’s Sherry Ulsh appeared first on Art of Procurement. “You always really need to look at people, process, and technology. If you don’t look at all three and understand.
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