Procurement Insights

JANUARY 3, 2025

Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. This evolution reflects broader changes in business priorities, technological advancements, and the increasing complexity of global supply chains.

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. Risk management.

supply chain budgeting 52

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

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 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