article thumbnail

The Complete Procurement Competency Framework 2025

Skill Dynamics

Finance and Cost Management Being able to efficiently and effectively manage and control procurement budgets and general costs will lead to stronger financial control across your business , increased cost efficiencies, and a better allocation of resources, which allows you to enhance profitability and improve your team.

article thumbnail

Key Procurement Technology for Excellence in 2025

Jaggaer

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding AWS Marketplace in the context of procurement solutions

Spend Matters

AWS Cost Explorer and Budgets, integrating AWS Marketplace expenditures into broader financial management tools. Spend and cost management Procurement Insights Dashboard, providing an overview of agreements and expenditures. Cost allocation tagging, allowing organizations to categorize and track software expenses.

article thumbnail

Procurement Technology: What Public Sector Organizations Should Look For in 2025

Jaggaer

This blog explores the key considerations for public sector organizations when selecting procurement technology in 2025, reflecting the latest trends and best practices. It wont happen overnight, but it is essential to think ahead so 2025 is the year to build a digital transformation roadmap.

article thumbnail

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

Procurement Insights

Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. IT procurement decisions were often driven by budget constraints rather than strategic alignment with the CIOs goals. Key metrics were tied to cost reduction and spend under management.

article thumbnail

The Complete Supply Chain Competency Framework 2025

Skill Dynamics

Finance Managing budgets and costs is a key element of modern supply chains. The post The Complete Supply Chain Competency Framework 2025 appeared first on Skill Dynamics. Reducing overall costs across the chain while maintaining efficiency and quality is the goal for many supply chain professionals.

article thumbnail

How Will Higher Education Procurement Cope in an Age of Uncertainty?

Jaggaer

Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements. Budget Shortfalls First, the good news. After 2025 the college-age population is expected to shrink for the next five to 10 years.