ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Businesses are either pausing staffing efforts or ramping up talent acquisition strategies depending on the industry. The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards. This is where cross-department collaboration comes into play.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. 8 Steps to Improve Procurement Efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

SCMDOJO

DECEMBER 14, 2023

Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards. Specializing in industrial engineering, lean manufacturing, and B2B sourcing, they work with businesses of all sizes, offering expertise in supply chain processes, continuous improvement, and leadership.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

World of Procurement blog

APRIL 23, 2024

With a myriad of challenges specific to construction, understanding how to navigate the procurement process can make the difference between a project's success or its downfall. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

With a myriad of challenges specific to construction, understanding how to navigate the procurement process can make the difference between a project's success or its downfall. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

Arkestro

FEBRUARY 25, 2025

Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isnt just about following trends; its about building a more inclusive, efficient, and equitable supply chain. While this represents a substantial investment, the benefits are undeniable.

Sustainability 52

Sustainability Supply Chain Efficiency supply chain budgeting Ethics 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Skill Dynamics

OCTOBER 26, 2022

LONDON, 26th October 2022: More than half (53%) of senior procurement professionals say that retention in their function has decreased in the last three years – and 47% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics. About the Research.

supply chain budgeting 52

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

Arkestro

DECEMBER 12, 2023

When broken down by generation, Gen Z is the most likely to tighten their budget, while Gen Xers and Boomers are more likely to splurge. Improve Your Holiday Procurement Strategy with PPO The holidays are a critical time for retailers.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

World of Procurement blog

MAY 8, 2024

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. The key elements of procurement strategy include: Aligning with Corporate Strategy Procurement strategy starts with understanding the overall corporate strategy and business objectives.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

JANUARY 8, 2024

The exciting news is that the obsolescence of the old-school procurement pro has made room for a new type of Sourcing Hero: The Value Creator. The Value Creator knows how to align procurement with business objectives and get the best possible impact from their procurement strategy. Financial Value Show me the money!

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Pipefy

JANUARY 5, 2023

On the one hand, procurement processes refer to tasks such as requisitions, purchasing, and invoice payment. But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. Building blocks of a digital procurement strategy. Feedback loops.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Finale Inventory

AUGUST 30, 2024

Technologies such as Building Information Modeling (BIM), the Internet of Things (IoT), and Artificial Intelligence (AI) help construction firms streamline workflows, increase productivity, and complete projects on schedule and within budget. This shift has led to increased efficiency, cost savings, and better supply chain management.

supply chain software solutions 52

supply chain software solutions Project management Real-time Visibility Inventory 52

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Procurement Software

JUNE 4, 2024

While procurement technology for indirect spend continues to flourish, we’re now also seeing a new wave of great tech platforms for direct spend and component parts. As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up.

Supply Chain Efficiency 52

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

Pipefy

MAY 9, 2023

To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. In addition, consider the bandwidth of your procurement and accounts payable department.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Planergy

DECEMBER 29, 2022

That means working with agile partners, which most standard procurement strategies don’t account for. But what many businesses don’t realize is that the procurement process for marketing services can be just as important as the actual marketing itself. Technology May Be Problematic. Identify Your Core Target Market.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Procurement Software

JUNE 25, 2024

It includes strategies like procurement cost reduction strategies, streamlining purchase processes, and enhancing efficiency across the procurement lifecycle. These can include negotiating contracts that prevent price increases or optimizing the supply chain to avoid rushed shipping fees.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Chief Procurement Officers’ priorities seem to be changing with the times in order to further implement initiatives necessary to meet broader organizational goals.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

IBM Supply Chain Blog

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. It’s distinct from the procurement process.

Sourcing 91

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 91

Jaggaer

MARCH 6, 2025

Modern procurement technology will enable public sector entities to secure maximum benefits by simplifying compliance and freeing procurement professionals to focus on strategic initiatives. Compliance with international frameworks such as the United Nations Sustainable Development Goals (SDGs).

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Procurement Templates

JUNE 18, 2023

Here are a few well-known procurement leaders as of 2021: Tim Cook (Apple Inc.): Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

Pipefy

JULY 29, 2024

Faster turnaround times mean fewer labor hours, and streamlined workflows keep projects within budget. Agility is key to any company’s long-term success. Bots can be trained on supply chain data, learning how to monitor inventory spikes or predict parts starvation.

Data 52

Data Supply Chain Efficiency Supply Chain Optimization Risk 52