Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

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Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Supply Chain Game Changer

MARCH 28, 2020

Could the CPO Be Replaced by the Chief Value Officer? The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL!

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Procurement Software

MAY 14, 2024

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. Procurement is an intricate operation, with many moving parts and stakeholders, each playing a critical role in the harmony of your business operations. But, it’s way more than that.

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

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Arkestro

JULY 4, 2022

Supplier diversity is increasingly being recognized as a critical objective for procurement. Supplier Diversity is Critical for Multiple Reasons, and Predictive Procurement Is the Solution. As a result, implementing a process that effectively supports supplier diversity is a real obstacle many companies struggle with.

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Suppliers Procurement Real-time Visibility Chief Procurement Officer 52

Supply Chain Game Changer

APRIL 23, 2019

Could the CPO Be Replaced by the Chief Value Officer? The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. Procurement is strategic! Now is the time for Procurement to SELL! Well here’s some news. ” Ouch!

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

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. Resolving these challenges requires a dynamic, iterative approach.

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Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

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Supply Chain Efficiency Management Procurement Real-time Visibility 52

Procurement Software

MAY 28, 2024

Procurement KPIs and procurement metrics are crucial to measure the success of streamlined procurement process. However, many KPIs in procurement have become outdated. We need to move with the times. With AI and new generations of procurement tech, an alternative set of procurement metrics are necessary.

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Procurement Category management Procurement team Real-time Visibility 52

Procurement Software

JULY 11, 2023

Finance and Procurement are two functions which should, and must, work more closely together. Finance and Procurement: the opportunities and challenges to be allies Let’s approach this using my background from the automotive industry! Why is it that finance and procurement aren’t watertight partners in most organisations?

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Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Zycus Cognitive Procurement

JULY 27, 2021

Procure to pay automation has come a long way in the world of procurement. Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life. Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life.

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Empowering CPO

JUNE 30, 2023

At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. As the name suggests, Managed Procurement Services involves the strategic outsourcing of procurement processes to expert providers. This is where EmpoweringCPO stands apart.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. Digital transformation in procurement.

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Procurement supply chain software solutions Real-time Visibility Suppliers 52

Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Do you have visibility of a global supply chain?

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Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

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? So enjoy this episode.

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Sustainability Real-time Visibility Supply Chain Efficiency Procurement 52

Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. Whether you are focused on controlled growth or cost efficiencies, the ability to measure what is occurring in real time is essential to making decisions. Introduction. Conclusion.

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Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. Ethical Sustainability & Responsibility Procurement. Getting Started with Environmental, Social and Governance Practices ESG leadership begins with the top but it can’t stay there if you want to make a real impact. Cristian Maradiaga. King Ocean. Written by.

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Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Empowering CPO

JUNE 20, 2023

In the realm of procurement, every corner of the spend landscape deserves attention, and an often overlooked area is the ‘tail spend’ A. These are often lower-value, infrequent purchases made off-contract, which can escape the radar of traditional procurement strategies due to their seemingly insignificant individual costs.

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Real-time Visibility supply chain budgeting Spend management Risk 40

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

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Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98