Golden State Foods names first-ever chief procurement officer
Supply Chain Dive
MARCH 28, 2024
Trisha McRoberts joins the C-suite with a mission to optimize cash management and assure supply, among other goals.
Procurement In My Lifetime: A Timeline Of Understanding (1959 to 2024)
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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The Role of Managed Procurement Services in Supply Chain Optimization
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.
From Number 7 to Number 2: Because of You, My Faithful Readers (Thank You)
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.
Enhancing Manufacturing Value Through Procurement
Jaggaer
NOVEMBER 14, 2024
Moving Beyond the Traditional View of Procurement Many companies still view procurement primarily as a place to limit costs. According to The Hackett Group’s 2024 CPO Agenda , cost reduction remains the top priority for Chief Procurement Officers (CPOs).
We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together
ivalua
APRIL 19, 2022
Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers. Director Strategic Sourcing Digital & Functional Transformation, .
Maximizing Cost Savings Through Strategic Supplier Collaboration
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.
Procurement Speakers 2022 – 10 Most Popular Experts
Procurement Tactics
AUGUST 25, 2022
In 2014, he took a new role to transform public procurement at the Health Promotion Board (HPB) which is a statutory board under the Ministry of Health, Singapore. . In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation.
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CPO Spotlight: Richard Trower
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.
ESG In Supply Chain: Creating a Sustainable Value Chain
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. That’s where procurement’s role becomes so crucial.
Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally
ivalua
APRIL 2, 2019
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.
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Spend Matters Future 5 2024 – Introducing Halo Ai
Spend Matters
NOVEMBER 7, 2024
Subsequently, I moved to the Bay Area to serve as the Chief Procurement Officer at a rapidly growing tech startup that had just gone public. Despite the startup’s relatively modern infrastructure, tech-savviness and streamlined vendor base, I observed that third-party risk challenges persisted.
Moving Beyond Procurement Cost Savings to Driving Value
Procurement Software
JUNE 25, 2024
Showcasing procurement’s role in avoiding potential cost increases is important to explain the wider business value we deliver. Working Capital Improvements Procurement plays a critical role in optimizing working capital, affecting both the company’s liquidity and its ability to invest in growth opportunities.
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A Gameplan for Procurement Transformation
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. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.
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Why Procuretech has Immense Potential to Grow
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
What CPOs Need to Know About Predictive Procurement Orchestration
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.
Next-Gen Procurement: Changing priorities, time for CPOs to evolve to Chief Cognitive Procurement Officers
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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Predictive Procurement: Your Solution to Supplier Diversity
Arkestro
JULY 4, 2022
A more diverse supply chain is also a more resilient supply chain. Box Uses Arkestro to Establish a Diverse and Inclusive Supply Chain: A Case Study. Box also happens to be an organization that promotes social responsibility throughout all aspects of its operations, including procurement.
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Procurement Strategies for CFOs: Driving Cost Savings and Efficiency
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.
The Dirty Little Secrets in Procurement!
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. Procurement has simply made do with the means at hand.
Predictive Procurement: Overcoming Challenges in Health and Pharma
Arkestro
DECEMBER 12, 2022
Procurement professionals of all types face a challenging and dynamic work environment. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Supply Chain Visibility. Managing Supplier Relationships.
The Supplier Management Secret Recipe
Supply Chain Game Changer
AUGUST 5, 2021
Subscribe to Supply Chain Game Changer. In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Top-performing procurement teams often have strong category expertise and have well-segmented supplier bases in order to power procurement agility.
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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy
ivalua
MARCH 16, 2020
Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.
Beyond The Cover: How CPOs Can Bridge The Gap Between Achieving Their Goals And The Hiring Process
Sourcing Solved
MARCH 31, 2022
If you visit her LinkedIn profile , you will also note that in her senior positions at global brands such as Dow Chemical, she oversaw diverse business areas, including Commercial Excellence, Customer Service & Strategic Development, Supply Chain, to name just a few. Why is this important?
Finance and Procurement: How to Become Natural Allies
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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4 Ways To Improve Procurement For Increased Customer Satisfaction
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. Chat with one of our friendly customer service reps today to learn how we can help optimize your inventory.
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Would you invest your life savings into a venture in which there was an 80% chance you would lose all your money?
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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Blockchain for Responsible Sourcing – Where Does It Fit?
SupplyShift
JUNE 19, 2019
It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?
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Blockchain for Responsible Sourcing – Where Does It Fit?
SupplyShift
JUNE 19, 2019
It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?
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The Intersection of Technology and Managed Procurement Services
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.
Technology Round-Up — May 8, 2024
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.
Manage Procurement Spend Like It’s Your Own Business!
Supply Chain Game Changer
AUGUST 6, 2019
Subscribe to Supply Chain Game Changer. Hey Procurement! Procurement. Further more enlightened Procurement leaders are able to communicate and project the enormous value that Procurement can, does, and will provide. Run Procurement Like a Business! Could the CPO Be Replaced by the Chief Value Officer?
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48 Accenture Grows Procurement Services Through Acquisitions
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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Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally
ivalua
APRIL 2, 2019
Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.
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IWD 2020 Celebrating Women in Procurement
ivalua
MARCH 11, 2020
They provided us with frank insights about the unique opportunities for impact within procurement, what we can do to make procurement a more inclusive profession, and – most importantly – why they LOVE procurement. . Procurement = Impact. Sylvie NOËL.
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Time to Look into the Future of Procurement!
Supply Chain Game Changer
NOVEMBER 13, 2018
But to do so, they must also reshape their supplier relationships, aligning their supply chain with a more progressive strategy and securing a competitive advantage. Procurement professionals need to get savvy. With some suppliers, it’s also possible to use strategic sourcing projects to optimize total cost of ownership.
The Reality of Automation in Procurement!
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.
Unlocking Savings Potential with Tail Spend Analysis
Empowering CPO
JUNE 20, 2023
But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.
Implementing a Spend Analysis Solution: Steps and Best Practices
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.
5 Reasons You Need to Attend Optimal ’22 Las Vegas
Arkestro
OCTOBER 4, 2022
Last Spring, Arkestro, the leading Predictive Procurement Orchestration platform, held Optimal: The Leadership Summit for Predictive Procurement. If you missed the spring Optimal conference in New York or Optimal ’21 , now is your chance to attend Optimal ’22 Las Vegas , the best procurement event of the year!
5 Procurement Trends Shaping 2024
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.
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