ivalua

APRIL 19, 2022

Join us as we listen, learn, and discuss new strategies to unlock the full potential of our teams and organizations. . Anthony Long, Vice President and Chief Procurement Officer and Mark Krause, Sr. Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner.

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Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?

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Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

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Procurement Insights

SEPTEMBER 17, 2024

CPO Rising Created by Andrew Bartolini, this blog focuses on procurement innovation, leadership, and emerging trends. It frequently publishes industry reports and offers strategic insights for Chief Procurement Officers (CPOs). It also features expert opinions and practical solutions for procurement professionals.

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Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. We asked some of the procurement leaders in our network their thoughts.

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Procurement Insights

OCTOBER 8, 2024

” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” What are the Top 3 concerns for Chief Procurement Officers in 2025? What are the Top 3 concerns for Chief Procurement Officers in 2023?

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Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. 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. Supply Chain Transparency. Email Address.

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Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. Whether you’re whipping up a pot of Sunday gravy or building strategy, process, and/or adopting new systems for Supplier Management it’s important to identify your secret recipe of essential ingredients for success. Ounces | Sustainable Procurement Initiatives. Subscribe Here!

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Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. By implementing the right strategies, CFOs can reduce costs while still maintaining high quality standards. With 36% of leaders prioritizing AI implementation in finance [1].

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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. It’s time to air our dirty laundry.

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Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. That’s where procurement’s role becomes so crucial. Download Free Copy. Written by.

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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. This strategy, however, can also present downsides.

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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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Supply Chain Game Changer

NOVEMBER 13, 2018

A typical Purchasing Function is limited to the transactional job of collecting information about the requirements of user departments and carrying out commercial checks and balances to finally procure the product & service based on c ost reduction only and focused on supply continuity. A Paradigm Shift in the Procurement Function.

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NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

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Procurement Software

JUNE 25, 2024

Negotiate more favorable terms or explore cost avoidance strategies, such as longer payment terms, that can positively impact your working capital. Cost Reduction Cost reduction in procurement transcends mere price negotiations. Although more challenging to quantify, a procurement cost savings template can assist in tracking these.

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Arkestro

JULY 4, 2022

A more diverse supply chain is also a more resilient supply chain. Companies need a clear strategy to direct spending toward businesses owned by Black people, women, and other underrepresented groups. Supplier Diversity is Critical for Multiple Reasons, and Predictive Procurement Is the Solution.

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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. billion in 2021 to USD 8.0

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Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

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Supply Chain Game Changer

AUGUST 6, 2019

Subscribe to Supply Chain Game Changer. Hey Procurement! Procurement. However if Procurement leaders have a much more holistic view of Procurement’s role and how it needs to conduct itself then Procurement will be considered a much more enlightened, impactful and powerful organization.

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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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CPO Rising

APRIL 17, 2024

CPO Rising’s Technology Round-Up series continues this week with a focus on Accenture’s latest acquisitions and its growth strategy for Procurement Services.

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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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Procurement Software

JULY 11, 2023

Operations and accounting are three disparate parts of organizations that are simply not equipped to efficiently share information and work together so that individual expenses are optimally managed. In an ideal world, the Chief Procurement Officer should report directly to the CEO.

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Empowering CPO

JUNE 20, 2023

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. Without proper oversight, maverick spending can increase as employees bypass established procurement procedures for convenience.

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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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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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CPO Rising

MAY 8, 2024

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.

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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. Frees up the time they want to focus on strategy.

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Procurement Insights

FEBRUARY 22, 2025

There is no secret formula for developing and implementing a successful ProcureTech strategy. The money spent pursuing complex strategies and following overly complicated charts is mindboggling. ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65

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