Optimizing your time as a procurement professional ?
Procurement teams often find themselves as the glue between production teams, buyers and suppliers-- leaving them with several tasks to manage and streams of communication to monitor. As a result, procurement professionals have reported spending 50-80% of their working time writing emails, updating Excel spreadsheets, consolidating data and dealing with manual entry.
This means that procurement teams have little time left to focus on tasks such as negotiation, new supplier development and long-term procurement strategies for growth.
In order to cut down on time spent performing tedious tasks, it's important to facilitate collaboration between stakeholders and ensure visibility for all parties into procurement metrics. Furthermore, it might be beneficial to look into tools that help automate several manual processes.
Finally, it is important to ensure that procurement teams have strong support from other departments that share a vision of long-term improvement. When the day-to-day role of procurement is fully visible and understood, companies can better focus on implementing solutions to help and better leverage the wealth of knowledge procurement professionals possess when it comes to long-term growth.
?? Manufacturer Highlight: Logi-Bloc
Axya supplier Logi-Bloc Inc. has set new standards for excellence and professionalism on a tight deadline. Recently, the Boucherville-based manufacturer worked to manufacture hydraulic blocks for an automation manufacturer in Ontario with very short notice. Despite working under a time crunch, Logi-Bloc Inc. used their shop’s expertise to get the job done and support their customers throughout the process.?
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Managed by trained engineers étienne de Rancourt and Gustave Marquis, Logi-Bloc has continually invested in technologies to improve capacity and efficiency in production. Today, their areas of expertise include CNC machining, cutting and many others for customers in industries such as mining, transportation and forestry.?
The team’s passion for continuous improvement, wealth of industry knowledge and willingness to take on challenging projects truly set Logi-Bloc Inc. apart from the crowd. Keep it up, Logi-Bloc Inc. team!
Contact Logi-Bloc for your projects!
Click on the button below to send an email to Etienne de Rancourt, co-president of Logi-Bloc.
What’s new on Axya
For Buyers:
Tired of the back and forth coordinating technical questions between your engineering support and your supplier? Remove the middleman by inviting your engineering colleague to collaborate on your request! Simply provide the email and select the engineering role when sharing!
For Suppliers:
Building leads for potential business opportunities with active buyers in the Axya Network could not be easier! Network and collaborate with buyers by sending a request to connect. Break the ice by sending connection requests on buyers that match your niche!
As the procurement/manufacturing landscape is rapidly evolving, it can be tough to stay informed. Stay up to date with real-time, curated and tailored news updates in and around the Axya Network!?
Join the webinar with Réal Julien from J2!
With 30 years' experience in purchasing and procurement, Réal Julien has worked for both SMEs and multinationals in the aeronautics, transport and industrial sectors.
Learn more about the webinar program "Seizing new business opportunities: can your supply chain do it?" by accessing the information page (button below).
You'll also find a short registration form to reserve your place if you wish. This webinar will be held in French.
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