Procurement Insights

DECEMBER 11, 2024

Ensuring data security across the supply chain will become paramount, with procurement professionals playing a key role in safeguarding against cyber threats. Automation and the gig economy will lead to a core team overseeing a network of specialized contractors and automated systems, enhancing agility and responsiveness.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

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

OCTOBER 22, 2020

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

IBM Supply Chain Blog

JULY 31, 2023

Banks have the most to gain if they succeed (and the most to lose if they fail) at bringing their mainframe application and data estates up to modern standards of cloud-like flexibility, agility and innovation to meet customer demand.

Data 50

Data Innovation Risk Budget 50

Una

JANUARY 29, 2024

Politics also plays a huge part – secession in Texas became a hot topic after Obama’s 2008 win (why? What would it mean for supply chains? But Taiwanese voters chose to defy China by re-electing the independence-leaning Democratic Party led by Lai Ching-te. It’s also about money. Scary, isn’t it?

Agile and Lean Supply Chain 52

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