Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

ivalua

JANUARY 29, 2021

Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70% 70% of respondents maintained or increased digital procurement investment post covid” . The feedback from the survey was that process adaption and change management are the most important factors.

Suppliers 195

Suppliers Bill of materials Procurement team Risk management 195

Arkestro

DECEMBER 5, 2024

It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. Its real-time insights allow procurement teams to respond swiftly and effectively to changing market conditions and component availability.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Procurement Software

MARCH 16, 2025

Digital procurement tools centralise procurement data in one app – or maybe several apps that all talk to one another – ensuring accuracy and real-time updates. As a result of better data, procurement teams gain a whole range of benefits. Digital procurement tools are the enabler to free up time for these.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. This enables more strategic category management, highlighting categories with excessive spend or frequent maverick buying.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Barkers Procurement

JANUARY 25, 2023

This Support Paper “Change Management” is free to download! Download Now P2P Transformation: Change Management A P2P transformation is a complex process involving people, processes and data. The very nature of transformation involves change.

Change management 52

Change management Management Influencing Internal analysis 52

Spend Matters

JULY 11, 2024

Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events and cover broader ground without additional resources.

Procurement 120

Procurement Procurement team Suppliers Influencing 120

Spend Matters

MARCH 6, 2025

Configurable and scalable: Every organization is unique, and Raindrop offers options for procurement teams to adjust workflows, dashboards and forms to capture specific information tailored to their needs, ensuring adoption and scalability as they grow.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Change management tips for procurement To fear change is human.

Change management 52

Change management Management Procurement Leadership 52

Barkers Procurement

AUGUST 14, 2023

Efficiency and cost cutting are everything in procurement, and when you implement changes to improve these, it’s inevitable that you’re going to cause some disruption. To keep the project on course and transition smoothly, you need a solid change management programme. That’s something that will never change.

Change management 52

Change management Management Procurement Vendor relationships 52

Spend Matters

SEPTEMBER 1, 2022

Procurement teams are also faced with the challenge of maintaining effective processes in light of the recent dramatic shift to remote work. In many organizations, they now provide an important business function and are responsible for driving savings, often working in conjunction with finance to ensure efficiencies and decrease risk.

Demand 98

Demand Procurement strategies Procurement Procurement team 98

Jaggaer

FEBRUARY 5, 2025

Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience Digital transformation is essential for modern procurement, allowing businesses to streamline processes and eliminate inefficiencies. With a structured approach, companies can transition to a more agile, data-driven procurement function.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

JUNE 16, 2021

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. While starting with a clear strategic vision is essential, these challenges will still need to be addressed.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy. Conclusion.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. .

Suppliers 130

Suppliers Supplier relationship management supply chain software solutions Supply Chain Efficiency 130

The Procuretech Podcast

DECEMBER 3, 2024

In this episode of The Procurement Software Podcast, host James Meads explores the critical role of A players in leading digital transformations within procurement teams. Without the right leadership, digital projects often face resistance, poor user adoption, and a lack of strategic alignment.

Leadership 40

Leadership Change management Procurement team Procurement 40

Spend Matters

OCTOBER 11, 2022

In this emerging trend, new platform solutions (ones that can reduce the pain of managing multiple solutions and ongoing change management) are complementing currently deployed technology. Rather, it’s a different kind of platform entirely — one captured by the concept of an “Alt Suite.” Read more. ).

Procurement 98

Procurement Category management Procurement team Risk management 98

Jaggaer

JANUARY 21, 2020

Nguyen leads the Center of Excellence and the “Flex” indirect procurement team. Through years of change, including a large-scale digitalization project, the largest question for Nguyen has often been, “ How do you set up people for success when it comes to helping them develop their capabilities?” Choose the right technology.

Change management 40

Change management Management Import Procurement 40

ivalua

OCTOBER 27, 2020

The comprehensive project spanned Supplier Information, Risk, & Performance Management, eSourcing, Contract Management, Catalog management, Spend Analysis, Savings Tracking, Category Management & overall change management.

Supply Chain Efficiency 26

Supply Chain Efficiency Chief Procurement Officer Procurement Networking 26

Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned. How are these skills useful and applied in wider roles?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just returned. How are these skills useful and applied in wider roles?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Una

JANUARY 11, 2023

There are several strategies for brining indirect spend under procurement’s control. Leverage procurement technology. Procurement teams had to be content with establishing policies and encouraging buyers across the business to follow them. Focus on change management. Technology Trends in Procurement.

Procurement 98

Procurement Raw materials Change management Risk 98

ivalua

NOVEMBER 25, 2020

The GBS procurement population is c.180 Develop and lead the implementation of the Indirect procurement strategy. Leadership of the centralised indirect procurement team. Development of effective (Direct & Indirect) Supplier engagement and relationship management.

Leadership 100

Leadership Procurement strategies Procurement team Purchasing 100

Procurement Insights

APRIL 9, 2025

The primary reasons for this limited success include: Rigid workflows that fail to adapt to dynamic procurement challenges. Stakeholder misalignment , where procurement teams struggle to integrate effectively with broader organizational goals. Siloed systems , which hinder data sharing and collaboration across departments 3 7.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

Supply Chain Game Changer

OCTOBER 28, 2021

Possibly less of a ‘secret’, and more so something we all seem to turn a blind eye to, but the majority of procurement teams lack visibility beyond their tier-1 suppliers. At the same time, when procurement teams are integrating solutions, poor ecosystem integration and poor data quality create barriers to application and adoption.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

ivalua

OCTOBER 29, 2019

Change Management. Communication is the largest part of change management, but it deserves independent consideration as well. Ensuring that there is a dedicated change management workstream mitigates the risk level of the entire implementation. Where are the greatest changes taking place?

Eprocurement 100

Eprocurement Risk Influencing Change management 100

Procurement Leaders

JUNE 1, 2022

The first step in the transformation was to demonstrate the potential savings that procurement could create if properly structured and resourced. The 18-strong procurement finance team is responsible for tracking savings and cost avoidance, as well as handling matters such as working capital, payment terms and supply chain finance.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

ivalua

MAY 11, 2021

In fact, 54% cite this challenge as a key obstacle to digital solution deployment, along with change management and involvement of internal stakeholders — in other words, the human component of technology implementation.

Risk management 130

Risk management Risk Supply Chain Efficiency Management 130

Una

MARCH 16, 2023

Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges. “Hi, Hi, is that the procurement team? It’s Joe from logistics. The problem lies with a lack of influence.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

Jaggaer

FEBRUARY 5, 2025

Clear governance, stakeholder buy-in, and a focus on change management will be instrumental in achieving the transition and it is vital to be aware of the difficulties. Furthermore, it provides real-time visibility and control, enabling procurement teams to monitor performance, identify bottlenecks, and make informed decisions.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

DECEMBER 14, 2023

In 2024 we expect the pace and scope of digital transformation to be greater than ever before, presenting exciting opportunities — as well as challenges — to procurement leaders. They must, in parallel, be willing to challenge the status quo and discover how new technologies can help reimagine the way the procurement function works.

Procurement solutions 102

Procurement solutions Procurement Procurement team Change management 102

Supply Chain Game Changer

JANUARY 10, 2019

Given the survey above, the same teams most likely lack the other two team roles, relationship building and innovative/disruptive thinking. Take a good look at your procurement team and find out if you suffer from too much homogeneity. No change will be successful without monitoring activities and outcomes.

Procurement 61

Procurement Agile and Lean Supply Chain Procurement team Supply Chain Optimization 61

Spend Matters

JUNE 21, 2024

But it’s important to remember that it’s not just about making the case for your procurement organization, it’s for the whole organization. ” — Xavier Olivera, Lead Analyst, Downstream Procurement. I believe that we have improved the productivity of the procurement team by about three to four times.

e2e 107

e2e Procurement team Procurement Contract 107

Procurement Heads

APRIL 26, 2023

Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects. We manage billions of dollars worth of spend. I find this growth space fascinating.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects. We manage billions of dollars worth of spend. I find this growth space fascinating.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Spend Matters

AUGUST 10, 2023

Historically, a lack of dedicated tools and/or a concentrated focus of investments on strategic spend categories have deterred procurement teams from developing effective solutions to manage the tail. Individual tail spend transactions may be smaller in value, but the cumulative impact can be substantial.

Spend management 98

Spend management Management e2e Vendor management 98