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Procurement transformation 2025: Why invest in procuretech and how to make the case – Kodiak Hub

Spend Matters

Customer requirements on more sustainable products/services, and/or requests for supply chain transparency/due diligence. This is primarily grounded in legislative requirements (CSDDD, CSRD, EUDR, LkSG etc.), These metrics also inform the typical basis of the business case.

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5 Ways Predictive Procurement Is Transforming High-Tech Manufacturing

Arkestro

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.

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management. Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Users can leverage a robust workflow with the necessary tools to segment suppliers for review and approval with subject matter experts and ensure changes and updates to existing records are completed through an effective and auditable change management process. How to Achieve Supply Chain Resilience and Agility post Covid-19.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Best-in-Class Beats Single-Stack.

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Tracy Kosiarek on the People Side of Supply Chain Innovation

Let's Talk Supply Chain

Supply chain resilience and innovation to quickly respond to market disruption are more critical than ever amidst ongoing regulatory changes and geopolitical tensions. If you work in supply chain then you know that as long as theyve been around, theyve traditionally been used as a way to protect domestic industries.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.