HICX

MARCH 17, 2023

By Costas Xyloyoannis, CEO of HICX Good supplier data is a function of good supplier engagement — and the reverse is also true. In the early 2000s, I was a recent software engineering graduate. The CEO, who had just signed up for the UN Global Compact, needed to know how sustainable their supply chain was.

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HICX

DECEMBER 3, 2022

Too often the quest to meet ESG standards ignores suppliers but, with the greater opportunities that data offers, we see the process becoming sustainable. In the early 2000s I was a recent software engineering graduate. The CEO, who had just signed up to the UN Global Compact, needed to know how sustainable their supply chain was.

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Suppliers Chief Procurement Officer supply chain software solutions Sustainability 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Dirty Little Secret #1.

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Jaggaer

SEPTEMBER 11, 2020

So, what is the best way for the procurement function to leverage disruptive technologies and help enterprises secure a sustainable competitive advantage? Much has been said about the need to view procurement departments as vehicles of value creation and not just spend management functions. Creating a Culture of Data Excellence.

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HICX

MARCH 17, 2023

By Costas Xyloyiannis, CEO of HICX By helping procurement teams digitally transform their operations, businesses gain a single source of truth in supplier data. This transformation leads to cost-saving metrics and helps generate accurate ESG reports, writes Costas Xyloyiannis, CEO of supply chain technology firm HICX.

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Planergy

JULY 5, 2022

ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by. Rob Biedron. 17 min read.

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Slimstock

MARCH 26, 2019

This might seem like a simple and obvious way to improve your procurement operations, but maintaining a positive supplier-buyer relationship is a vital component in ensuring good delivery, service, and quality. An in-depth understanding of quantitative data is essential for making the best financial decisions for your company.

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Procurement Software

NOVEMBER 21, 2022

In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. Typically, this is the CFO.

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supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 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.

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Procurement Software

JUNE 25, 2024

Look for inefficiencies such as manual data entry, lengthy approval cycles, or frequent errors in order processing. Analyse Spend Data Whether you have a spend analytics tool , or are dependent on using a spreadsheet dump of your ERP data, you must first analyse spend data. Will CPOs evolve into Chief Value Officers?

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HICX

MARCH 10, 2023

What did exist was Procurement, a function that did worked with all suppliers, albeit in one area: transactions. So, management ended the search and tasked Chief Procurement Officers (CPOs) with this added job. To do it, CPOs quickly applied ‘point’ solutions, software that can deal with given use cases.

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Procurement supply chain software solutions Agile and Lean Supply Chain Suppliers 52

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?

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Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

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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.

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Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Once upon a time, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on his instinct, which is simply based on years of distilled experience. Data-driven procurement can help leaders keep up pace with the much-needed agility. 96% of the leaders believe that this a long-term trend.

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Procurement Chief Procurement Officer Agile and Lean Supply Chain supply chain software solutions 40

Claritum

MAY 11, 2018

Your business could struggle to achieve visibility of its global supply chain. Do you have visibility of a global supply chain? The problem with spreadsheets is they are not easy to share globally or keep up to date, which means they can be an unreliable source of data. Supply chain visibility is poor. %.

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Procurement Software

JULY 11, 2023

Which brings us back to that old chestnut, data. Having clean data , accessible to everyone, is an essential, non-negotiable foundation. Sure, good data won’t magically solve fractious interdepartmental relationships. But ONLY if you’re able to link the data to fully-aligned objectives and deliverables.

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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. In manufacturing businesses, it also often deals with operational issues in supply chain and logistics management.

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Claritum

JULY 5, 2018

Procurement is fundamentally in the intelligence business, and since information is at the core of intelligent decision making, you need to be really good at efficiently gathering and transforming data into information. Knowledge of part of this chain is not sufficient. Office Products. 2 The challenge of Tail Spend.

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HICX

DECEMBER 15, 2022

After his experience working as the Chief Procurement Officer for the Commonwealth of Pennsylvania , David asked himself: “Why can’t we do this for public procurement? Why can’t we create a tool that connects everyone in public procurement in the U.S., The tools are easy, simple and intuitive.

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Procurement supply chain software solutions Real-time Visibility Suppliers 52

Empowering CPO

JULY 5, 2023

Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services. Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services.

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The Procuretech Podcast

JUNE 28, 2022

Wolfgang thinks it’ll need a structural mandate to empower procurement. It’s frustrating that procurement always gets so little time and money spent on it, so late in the process. . I say that it’s easy to convince CEOs with BCG stood behind him, but what tips would he have for chief procurement officers looking to do the same?

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Procurement Insights

SEPTEMBER 11, 2024

Like 1Reply Vera Rozanova MBA, MCIPS Chartered, MEng (Hons)CPO-Chief Procurement Officer | Procurement Director | Supply Chain | Invited Lecturer | Author | Business Trainer | Transformation 2h Jon W. Hansen One of the key criteria for procurement when selecting an IT provider is their client base.

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World of Procurement podcast

JUNE 15, 2021

We covered a lot of ground in this 25-minute podcast and this podcast is going to be exceptionally beneficial to you if you are currently looking at your supply chain and wondering how can we improve visibility, how can we reach our sustainability goals using our supply chains and how do we know what is in this product?

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Procurement Tactics

SEPTEMBER 19, 2022

Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supply chain consulting firms are. What is Sustainability in Supply Chain?

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Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. AI + Data = Supply Chain Risk Management.

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Pipefy

DECEMBER 18, 2023

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. The urgency around IT and developer shortages.

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

Procurement Insights

FEBRUARY 22, 2025

ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65 thebusinessresearchcompany.com Adoption Rates: A significant majority (83%) of Chief Procurement Officers have prioritized digitizing their procurement processes, underscoring the growing emphasis on ProcureTech solutions.

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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. bolts and nuts) that share procurement patterns, bundling them for efficiency.

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