Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

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ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. About Ivalua. Learn more at www.ivalua.com. Media Contact.

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Procurement Insights

FEBRUARY 27, 2025

I have noted that many LinkedIn posts regularly mention the belief that the C-Suite continues to see procurement primarily, if not solely, as a cost-savings function. This broader agenda suggests that while cost savings remain important, procurement’s role has expanded to include value creation and strategic partnership.”

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Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. Reference to Scoutbee buycott versus boycott post.

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ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Jason Busch (Spend Matters) Strengths : Industry-specific expertise in procurement technologies.

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Spend Matters

MARCH 18, 2024

However, third party risk management should be implemented in every procurement department, as regulations and the uncertainties of the post-pandemic era are making these issues around compliance, data security, supply chain resilience and business continuity increasingly important. This content is for members only.

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Spend Matters

OCTOBER 24, 2023

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Together, they manage an annual procurement volume exceeding $16 billion, engaging with more than 350,000 suppliers.”

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Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . LEARN MORE.

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Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.

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Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

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Supply Chain Game Changer

APRIL 15, 2020

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Fact: A digital procurement roadmap is a cornerstone of any procurement organization’s digitalization journey. Don’t Panic!

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Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.

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Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

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Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

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Spend Matters

DECEMBER 28, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business.

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Arkestro

OCTOBER 3, 2024

Resources / Blog / A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead Automotive procurement is rapidly changing. No spam, just relevant procurement news and tips. Subscribe to news from Arkestro.

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Supply Chain Game Changer

MAY 5, 2021

All around the Supply Chain world, professionals are shifting their focus to make sure that they can withstand supplier disruptions, not only due to COVID-19, but to future emerging issues as well. Long-term business relationships between suppliers and companies are inherently more resilient than purely transactional relationships.

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World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

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Arkestro

NOVEMBER 7, 2023

Resources / Blog / How to Transform Procurement into a Strategic C-Suite Player How to Transform Procurement into a Strategic C-Suite Player Procurement is at a crossroads. However, only 31% say procurement is driving their strategic agendas.

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Jaggaer

JUNE 28, 2024

I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & Supply Chain Partner at KPMG. The topic under discussion was current challenges in direct procurement. Pre-pandemic, nobody outside procurement and supply chain management ever mentioned it.

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. What Are the Biggest Procurement Challenges in Health and Pharma?

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IBM Supply Chain Blog

SEPTEMBER 18, 2023

From a buyer’s perspective, it can drive significant improvement in working capital, superior supplier performance and accelerated ESG initiatives. Additionally, artificial intelligence (AI) plays an important role.

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HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. He gives an example in the area of supply chain resilience.

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Procurement Insights

JANUARY 16, 2024

I have been negotiating as either a buyer or a seller for most of my life. Procurement Insights, October 2010) Are women really better at negotiating than men? Procurement Insights, April 2022) Is This A Good Negotiation Outcome? Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles?

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Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk.

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Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. So you have to consider the role of your buyer and the problem they want to solve.

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Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

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EazyStock

APRIL 18, 2023

How do high interest rates and inflation impact supply chains? Higher interest rates make borrowing money more costly, making financing day-to-day operations such as inventory procurement, transportation and storage more expensive. More expensive borrowing. One way to do this is with ABC/XYZ analysis.

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SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. Digitization is a key enabler for building supply chain resilience.

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