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What are the top 10 procurement predictions for 2030?

Procurement Insights

This integration will streamline strategic sourcing, reducing cycle times and enhancing efficiency. Organizations will prioritize sourcing that minimizes environmental impact and promotes resource efficiency. Circular Economy – [link] Elkington 2008 – [link] Elkington 2023 – [link] 7.

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Getting Procurement Out of The Digital Transformation Rabbit Hole, e.g., Cost Savings and Digitalization

Procurement Insights

Point #1 – Going back to my 2008 & 2014 posts, McKinsey & Company survey of CFOs found that the C-Suite did not believe that procurement was delivering savings or value to the overall enterprise. 2008/2014 posts – [link]. Also, what buyer behaviors have they rewarded?

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Commercial EVs are a game-changer for the supply chain

Strategic Sourceror

population lives within 10 miles of a Walmart store, so the chance for the company to offer an environment-friendly and same-day delivery service for its eCommerce customers is a strategic advantage, the company said. Around 90% of the U.S. Brought to you by the StrategicSourceror.

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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?

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Why did these outsiders want to know about our key strategic suppliers? . The financial crisis of 2008/9 and a whole range of banking and financial services issues, and occasionally scandals, answered that question. But it seemed a bit of a cheek, really.

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Why & How Much Should Be Spent On Procurement Intelligence & Analytics Services?

Empowering CPO

As per 2008 study by Corporate Executive Board, 12% of total marketing budget goes towards market research. Right kind of data and research along with solid number crunching abilities are very crucial for successful execution of any strategic sourcing process and ongoing category management. 1% for B2B and 0.9%

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316: Plug In and Go Faster, with TraceGains

Let's Talk Supply Chain

Founded in 2008, TraceGains connects people and information so teams can work smarter. Today I’m joined by TraceGains , the world’s only networked ingredients marketplace.