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What are the top 10 procurement predictions for 2030?

Procurement Insights

Circular Economy – [link] Elkington 2008 – [link] Elkington 2023 – [link] 7. Real-time data will inform sourcing decisions, risk management, and supplier relationships, leading to more informed and agile procurement functions.

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Financial services sector talent woes continue

Procurement Heads

We saw in the period following the financial crash of 2008 that failure to invest in skills development, attraction and retention when markets are struggling can have a longer-term detrimental impact on recovery. “It’s

professionals

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

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. Analytics and insights from procurement data were minimal.

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EBA Guidelines – A Call to Action for Banking Sector Procurement?

ivalua

The financial crisis of 2008/9 and a whole range of banking and financial services issues, and occasionally scandals, answered that question. A form arrived on my desk that required us to list some key contracts – I’m not even sure where it came from, to be honest. But it seemed a bit of a cheek, really.

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Who Did “AI Pick” As The Best Solution Provider For LCBO?

Procurement Insights

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. Here’s why: 1. Comprehensive Supplier Network 2.

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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

But if (as is likely) the vendor is also a customer, for example one that recently received finance for a new warehouse, the Chief Operating Officer and customer relationship managers may have other ideas. There is also, of course, plenty of scope for bribery and corruption. Procurement’s Role in the Banking Industry.

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Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Do you feel supply chain risk management is too complicated to implement? There are so many sophisticated methods to analyze supply chain risks. The company won the ISM 2012 Award for Excellence in Supply Management (category:process). Case Studies. Supply Chain Disruptions: A Survival Guide. Gather around!