Remove Agile and Lean Supply Chain Remove Procurement team Remove Vendor management
article thumbnail

AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success

Arkestro

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

article thumbnail

Unlocking Procurement’s Full Potential for Strategic Partnership

Pipefy

Procurement teams have a critical role to play in business strategy. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and stay competitive. They also need enough autonomy to stay agile and respond quickly as business realities change.

professionals

Sign Up for our Newsletter

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

article thumbnail

Top Technical Skills in the Digital Age of Procurement

Una

Technical know-how In this age of rapid digital transformation, it’s essential for procurement professionals to be tech-savvy. Familiarity with procurement software platforms , e-procurement systems, and vendor management systems is a must. In today’s fast-paced world, agility is the name of the game.

article thumbnail

How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. The supply disruption triggered in China sent shock waves all around and shut down the global economy.

article thumbnail

Supplier Performance Management: How and What To Measure

Planergy

Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Flexibility / Agility. Regular supplier evaluation is vital for procurement teams. Compliance. Aim for Continuous Improvement.

article thumbnail

Solving 6 Critical Procurement Challenges With Business Process Automation

Pipefy

Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. With the right tools, teams can achieve this and more.

article thumbnail

The Supply Chain Detective™ – The Case of the Missing Cash!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Detectiveâ„¢: The Mystery of the Prima Donna Boss! The CFO and I took over day to day management of the acquired company. .” It was another case for the Supply Chain Detectiveâ„¢! This became a plan of attack for our Procurement team.