Kodiak Community
Supplier relationships should be built methodically, assessed objectively and nurtured strategically. Suppliers aren’t just your vendors, they are potential strategic partnerships, and they need to be managed accordingly.
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Kodiak Community
IWAY, the ‘Ikea way of purchasing’, Ikea’s code of conduct (CoC) for suppliers was introduced to ensure that the drastic changes the organization was experiencing wouldn’t jeopardize key supplier relationships.
Kodiak Community
Blockchain technology is one of the most hyped amongst the currently developing technologies, hypothesized to make one of the greatest impacts in supply chain management — especially procurement and logistics — in the coming years.
Kodiak Community
Implementing change and managing change are no easy task, and for that very reason change requires infrastructure, processes and clearly defined actions.
Kodiak Community
With all oddities aside, I work with procurement professionals, work in an organization that services procurement professionals, market a digital procurement platform, but had I ever really challenged my knowledge of procurement?
Kodiak Community
SRM is a discipline built for leveraging the relationships between buyer, and supplier, to build value for an organization’s top-line value while cutting bottom line costs.
Kodiak Community
This is an age of technological independence, and API-driven innovation, breeding procurement technologies that are more agile, scalable, integrate-able and more customizable than ever before. This is the age of smarter solutions. This is the age of User-Enabled Procurement
Kodiak Community
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”
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Procurement is a complex business function, nuanced from organization to organization, and unconsciously tied to many facets of a company’s corporate structure. Revenue, cost, and production are direct results from procurement actions.
Kodiak Community
Strategic Sourcing is a procurement strategy for value creation within purchasing processes, focused on building mutually beneficial results for all parties involved.
Kodiak Community
Distinguishing a brand, strategy, product, or even a website is nearly impossible in this world, oversaturated with sameness. Campaigns and initiatives rise to the surface on a daily basis, taking over the headlines for a week, just to sink to the bottom of the ocean again.
Kodiak Community
While there are no absolutes in business… you can be damn sure analytics are going to play a big role in the future of procurement, and supply chain management at large.
Kodiak Community
Still, today, supply chain transparency holds a prominent position in concerns for consumer and business, alike. Transparency has become an organizational effort in business, as it can impact various aspects of a value chain, if neglected; not solely supply chain management.
Kodiak Community
The days of glacial traditional on-premise software models, and their implementation teams, are long past due. SaaS offers customers capabilities that are unmatched by the likes of traditional software.
Kodiak Community
Procurement is amongst some of the most rapidly changing business areas, and maybe for the better. Only time will tell if the coming digital transformation of various business areas, just like procurement, will make for positive outcomes. But, in the meantime, there is still a large population of procurement professionals, strapping up their boots every morning, and doing their darndest.
Kodiak Community
Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking.
Kodiak Community
Procurement and sourcing teams are heavily reliant upon the effectiveness of the suppliers they choose to collaborate with. Relationship management between buyer and supplier is crucial to the success rate of a partnership, and both parties must learn to give and take to create fair/shared value.
Kodiak Community
Procurement 2.0 offers a shift away from the traditional portrait of cost-driven and siloed procurement.
In the age of digital transformation and shifting consumer concerns, procurement 2.0 is a breath of fresh air.
Kodiak Community
Without an acceptance to disrupt and transform from top to bottom, is there even an opportunity to change at all?
CPOs (Chief Procurement Officers) is the function in charge of leading this transformation. Many leaders within the procurement world are ready to realize the change that lies ahead.
Kodiak Community
Procurement is undergoing a digital facelift.
The ball has started rolling, but when will it reach its final destination?
Kodiak Community
The complexity of planning, transportation, collaboration, time and labor that went into the supply chain of that banana — being severed on my brother’s cutting board — stopped me in my tracks.
Kodiak Community
It’s hanging above us on a daily basis. The boundaries of its powers are still being tested. And, chances are, it’s going to (or already has begun to) change your business’ actions and strategies forever.
Kodiak Community
Once thought to be a concept only sci-fi movies could produce, Artificial Intelligence (AI) has become a topic of our mainstreams and everydays.
Kodiak Community
Procurement, Sourcing, and Quality management tasks drive top-line sustainability, performance, profitability, and product quality, but the technological advancements to complete most of those activities just aren’t in place.
Kodiak Community
The CEO of Kodiak Rating, Malin Schmidt is a firm believer that SRM (supplier relationship management) exists in a similar- calm before the storm — kind of positioning that CRM existed in just 10 years ago. She often says: “SRM as a domain is in for the same ride that CRM took”
Kodiak Community
When most people hear the word ‘startup’ their minds instantly wander to a mental image of a business started by young adults, sitting around on beanbag chairs, wearing branded t-shirts and hooded sweatshirts, down to their last cent of funding and underdeveloped as an organization.
Kodiak Community
In order to address tech-related supply chain risks, organizations must have strategies in place to actively and preemptively address cyber security in-and along the entire value chain.