Procurement Insights

JANUARY 22, 2025

A slow supplier in procurement. This means ensuring the constraint is operating at its highest efficiency by eliminating waste and improving processes around it. Example: If a slow approval process is the constraint in procurement, optimizing workflows, reducing paperwork, or automating approvals can help.

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Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

Procurement Heads

JANUARY 25, 2023

For Procurement Heads ‘ latest instalment of our CPO Spotlight series, she spoke with Rupert Gaster about her career and procurement’s role in sustainability. That made me very passionate about the supply chain. Could you tell us about your journey to becoming Executive Director at BC Ferries?

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Procurement Insights

OCTOBER 8, 2024

” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” What are the Top 3 concerns for Chief Procurement Officers in 2025? What are the Top 3 concerns for Chief Procurement Officers in 2023?

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Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

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Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40

Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. The article you are about to read was written in 2008. Before attempting to answer the above questions, have a read of the original 2008 article below.

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supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Supply Chain Game Changer

NOVEMBER 18, 2018

Check out Blockchain in the Supply Chain is a Game Changer! It’s a word that was rarely used or even heard of in Supply Chain not that long ago. Further it is often used in the context of being a necessary and integral part of any Digital Supply Chain Strategy. Subscribe Here! Email Address.

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Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Flexible Procurement and Logistics Solutions 4.

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Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

There are a couple of quite interesting facts that prove Procurement to be the captain, guiding the journey to recovery post-crisis. In a case of history repeating, Procurement once again is the torch bearer for organisations looking forward to normalise cash flows, increase profitability and thus return to normalcy. Risk management.

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

Procurement Insights

DECEMBER 12, 2022

. “Organizations that already have a technology-driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. Are You in The Software Business? Are You in The Software Business?

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supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

Jaggaer

SEPTEMBER 29, 2020

Or it may be an executive mandate driven by a leadership change or the arrival of an individual who understands the earnings contributions or growth that a well-run procurement organization can deliver to an enterprise. The financial meltdown of 2008 provided a further impulse. Short-Term Pain Means Long-Term Gain.

Agile and Lean Supply Chain 52

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Zycus Cognitive Procurement

APRIL 4, 2022

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Companies rely on complex, multi-faceted, interconnected networks that make up their supply chain. Improve processes and efficiency. The Bottom Line.

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Supply Chain Efficiency supply chain software solutions Supply chain Risk 52

Una

JANUARY 31, 2024

Meanwhile, trade wars and rising tensions have led to what the Financial Times has described as a “great reshuffling” of global supply chains, with US FDI (foreign direct investment) in China falling from a peak of $20.9bn in 2008 to an 18-year low of $8.2bn in 2022. You want to keep your suppliers honest.”

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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

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. Manage your inventory efficiently. Scale automation.

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supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. What is the role of procurement in different industries?

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supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

JANUARY 29, 2020

Subscribe to Supply Chain Game Changer. m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements.

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SPLC (Sustainable Purchasing Leadership Council)

AUGUST 24, 2017

I’ve been with FCA (formerly Chrysler) for over 30 years, much of it in various elements of supply chain management. How did your organization make sustainability in procurement a priority? Chrysler began its sustainability journey in 2008, when two very energetic purchasing professionals (“intrapreneurs”) began advocating it.

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Barkers Procurement

NOVEMBER 28, 2022

The Climate Change Act was passed in the UK in 2008 and commits to a reduction in greenhouse gas emissions of 80% by 2050, compared to 1990 levels. In addition, in September 2021 the Procurement Policy Note 06/21 came into effect. Purchasing high performance IT equipment that is more energy efficient. Going paperless.

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Supply Chain Efficiency Ethics Supply chain Suppliers 52

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? If China moves on Taiwan in 2024 and we find ourselves in a next-level military conflict, supply chains are going to be disrupted like never before. Scary, isn’t it?

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