Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. CFOs began to see procurement as critical to business continuity and organizational agility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

According to McKinsey research , in the five years immediately following the 2008 global financial crisis, total return to shareholders for companies with top-quartile procurement capabilities was 42 percent higher than the companies whose procurement operations were in the bottom quartile. This is to enable greater autonomy and agility. .

supply chain budgeting 52

supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

Jaggaer

JUNE 9, 2020

As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Procurement and legal teams need well prepared, highly organized document management systems to systematically look at force majeure clauses are written. A full digital contract management suite can help with each of these tasks.

Procurement strategies 52

Procurement strategies Strategy Management Procurement 52