How are global disruptions and sustainability shaping the future of procurement and supply chain management? Procurement Magazine has launched The Procurement Survey 2025 to gather insights from over 1,000 senior executives. Don't miss the chance to collaborate with industry leaders and contribute to a more sustainable and strategic future. Learn more 👉 https://ow.ly/7KZC50TC3Jy #Procurement #SupplyChain #Sustainability

Join our panel discussion on "Combining Resilience with Visibility to Cut Through Complexity: Building the Procurement Organization of the Future." Senior procurement experts will share insights on leveraging resilience and visibility to navigate supply chain complexities effectively. Discover strategies for enhancing procurement operations, leveraging technology for real-time visibility, and building agile procurement processes. This session offers valuable learning opportunities and networking with industry peers. Don't miss out on the chance to explore innovative approaches to future-proofing your procurement organization. Reserve your spot for a stimulating discussion and an enriching networking experience. For more details visit: https://lnkd.in/dA4qzJW4 OR Write to us at events@iscmforums.com Girish VS Narayanan Renganathan Dr. Sanjay Gupta Kapil Maini Arjit Aggarwal Pallavi Chaudhuri Narendra Kr. Gupta Pallvi Joshi Ajay Sikka ISCM Forums Institute of Supply Chain Management (ISCM) #Procurement #SupplyChain #Sourcing #Purchasing #VendorManagement #Negotiation #ContractManagement #StrategicSourcing #CostReduction #SupplierRelations #ProcurementStrategy #Logistics #InventoryManagement #ProcurementProfessional #ProcurementExcellence #ProcurementLeadership #ProcurementAnalytics #ProcurementTechnology #SustainableProcurement #ProcurementTrends

In our latest episode of Procurement Mastermind™ hosted by Omid Ghamami, CGNE™, CPSCM™, we had the privilege of interviewing Srividhya Vaidyanathan, the Global Head Supply Chain Architecture at Shell. Sri provided fascinating insights into the world of procurement and supply chain management, offering valuable perspectives on various strategic initiatives and industry trends. Here's a sneak peek into what we discussed: Redefining Supply Chain Management: Sri delved into the essence of what supply chain management really is - and is not- highlighting its significance beyond traditional procurement or logistics. Customer-Side Supply Chain Management: Sri's innovative approach to supply chain management involved focusing not just on the supply side, but also engaging directly with customers on the demand side to drive efficiency strategies and streamline demand data and demand requirements. Empowering Procurement: Sri shared her experiences in developing a global supply chain intelligence organization, equipping procurement teams with the tools and insights to compete effectively with sales and secure better deals. Digital Supplier Relationship Management (SRM): Sri elaborated on her award-winning strategies in digital SRM, emphasizing the importance of strategic supplier partnerships and performance management. Supplier Performance Management (SPM) vs. SRM: Sri provided valuable insights into the balance between supplier performance management and relationship management, stressing the significance of both in procurement and supply chain functions. Case Study: Dell Computer: Sri discussed how Dell leveraged SRM to navigate challenges during the pandemic, telling the story of how they used SRM to come out of the pandemic even stronger.  Career Advice: Drawing from her own career journey, Sri offered valuable advice for aspiring procurement and supply chain leaders, highlighting the importance of continuous learning and strategic thinking. This episode is a must-listen for anyone interested in procurement, supply chain management, or leadership in the field. https://lnkd.in/gmnQTFYi #supplychain #supplychainmanagement #procurement #supplychainleadership #cpscm #competitorsview #procurementtransformation #procurementtech #procurementcareers #loveprocurement #scm #globalleader #leader #supplychainjobs

It was a honor to discuss with senior leader and supply chain thought leader Omid Ghamami, CGNE™, CPSCM™ how supplier relationships, market intelligence and digital procurement will transform supply chains in the procurement mastermind podcast. We also discussed leadership and navigating supply chain careers . Thanks to Manya Singhania for coordinating the session. Would love to hear feedback from the LinkedIn community on the ideas presented here. #procurement #supplychain #supplychaintransformation

How effectively are procurement functions operating? And how does this impact overall business performance? 🤔 Download the latest Global Procurement Impact Report from Vertice to get the latest insights and hear feedback from hundreds of procurement leaders worldwide. Download via the link in the comments 👇 #CIPS #Procurement #SupplyChain

Insights on Strategic Procurement and Sourcing! Effective strategic procurement and sourcing are pivotal for driving business success and achieving sustainable growth. Here are some valuable takeaways: 1. Holistic Approach: Integrating procurement with overall business strategy ensures alignment with company goals and maximizes value creation. 2. Supplier Collaboration: Building strong partnerships with suppliers leads to innovation, cost savings, and improved quality. 3. Data-Driven Decisions: Utilizing data analytics to make informed decisions enhances efficiency and reduces risks. 4. Sustainability and Ethics: Prioritizing ethical and sustainable sourcing practices strengthens brand reputation and contributes to long-term success. 5. Continuous Improvement: Regularly evaluating procurement processes and embracing continuous improvement fosters adaptability and resilience. #StrategicProcurement #Sourcing #SupplyChainManagement #Sustainability #Innovation #DataDriven #ContinuousImprovement What conclusions have you drawn from your experiences in strategic procurement and sourcing?

🌟 Milestone Achieved! 🌟 I’m thrilled to share that I’ve successfully completed a course in **Strategic Sourcing**! This learning journey has deepened my understanding of creating robust sourcing strategies, analyzing supplier markets, and optimizing procurement processes—all essential skills in today’s dynamic business environment. Key takeaways include: ✅ Developing data-driven sourcing strategies ✅ Enhancing supplier relationship management ✅ Aligning procurement practices with organizational goals ✅ Leveraging tools for cost optimization and risk mitigation I’m eager to apply these insights to drive impactful and sustainable sourcing solutions. A big thank you to the instructors, peers, and everyone who supported me in this endeavor! 💬 If you're working on similar initiatives or have insights into strategic sourcing trends, let’s connect and discuss! #StrategicSourcing #ProfessionalGrowth #ProcurementExcellence

🤔 ... "The research – Rising Influence: The State of Procurement in 2024 – is based on insights from more than 220 business leaders. It explores the rising strategic role of procurement and supply chain management. According to the report, 53% of procurement and supply chain managers and directors say that workload issues and inefficiencies are the top risks facing their organizations. They noted that if they had the right technology and more time, they could grow the business and drive competitive advantage (cited by 51%), increase profitability and lower costs (43%), improve internal efficiency (40%), and strengthen supplier relationships (31%)." ...

The global supply chain management market size is projected to hit around USD 72.1 billion by 2032. Because of this, the demand for skilled supply chain professionals is skyrocketing. Discover how you can optimize your supply chain team with certifications built on tailored learning plans, and prioritize filling the skills gap 👇 https://lnkd.in/ev9g6MzY #SupplyChain #eLearning #SkillsGap

Level up your procurement game! Our experts offer strategic consulting, training & mentoring to optimize costs & build a resilient supply chain. #procurement #consulting #supplychainmanagement