Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

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

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. What is Cost Saving in Supply Chain Management?

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Pipefy

DECEMBER 18, 2023

In the Amazon Business report on procurement data, 98% of respondents report having plans for investments in analytics and insights tools, automation, and AI for their procurement operations in the next few years. A lack of agility or flexibility with existing tools was also listed. Reduces the need to outsource.

Procurement 52

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

Procurement Software

JUNE 25, 2024

This article will first of all guide you through the essentials of procurement cost savings. We’ll then take a look at how we can move beyond just purchase cost reduction. Driving added value that impacts a business’s top line, operational efficiency and brand equity can all fall within procurement’s influence.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52

Procurement Software

AUGUST 27, 2024

At the same time, procurement technology has become more affordable and easier to use. The number of procurement tools on the market has of course multiplied too, especially in the last 5 or so years. What’s the difference between purchasing manager and category manager? This can also include aspects of purchase-to-pay (P2P).

Category management 52

Category management Management Procurement Agile and Lean Supply Chain 52

Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Procurement Insights

FEBRUARY 26, 2025

” The concept of “strand commonality” in procurement is not widely recognized as a standard term in mainstream procurement literature, but based on available discussions, it appears to have been first articulated by Jon W. Supply Chain Optimization Lets dive into supply chain optimization in the context of Jon W.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40