Remove 2024 Remove Management Remove Supply chain resilience
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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

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

Procurement Insights

2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities. Key metrics were tied to cost reduction and spend under management.

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Supply Chain Resilience Could Soon Prove Too Expensive, Says S&P

Supply Chain Brain

Corporate investment in inventory management tools and other supply chain solutions could be limited in 2024 by high financing costs and lower profits.

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The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

C-suite executives are navigating a complex landscape of challenges in 2024. 2024 ) 30 What is the role of the new Agent-Based AI Operating Systems STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? STAKEHOLDER (AGENT) 2 What are the top five concerns for C-Suite executives?

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5 Procurement Industry Trends to Watch in 2025

Arkestro

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.

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5 Questions All Procurement Professionals Must Answer To Succeed In 2024

Procurement Insights

What do supply chain resilience and adaptability really mean? An article with the answers from the supply chain and procurement community, featuring your voice too, will be published online at the beginning of 2024!