Fri.Dec 06, 2024

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Research: New approaches to uncovering sub-tier risks

Procurement Leaders

In partnership with Procurement Leaders: Discover how the function can improve its oversight of, and ability to mitigate, sub-tier threats

Risk 100
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Do analyst companies and consulting firms herd?

Procurement Insights

EDITOR’S NOTE: Today’s short post was inspired by a Kelly Barner post on AOP titled “ When Getting it Wrong Makes You Right.” In this week’s Art of Supply , I look at the practice of ‘herding’ as called out by statistician and FiveThirtyEight founder Nate Silver – less for what it tells us about political polling, and more for what it reveals about the human desire NOT to stand out from the crowd in an increasingly data driven world. – Kelly

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Arkestro Advisory Council: Strategic Flexibility: Adapting Procurement to a Changing World

Arkestro

Advisory Council Virtual Date: Tuesday, March 11 Time: 12:00 – 1:00 PM ET Strategic Flexibility: Adapting Procurement to a Changing World Hosts Caroline Cioe SVP of North America Sales LinkedIn Ben Leiken Chief Technology Officer LinkedIn Edmund Zagorin Chief Strategy Officer and Founder LinkedIn Neil Lustig Chief Executive Officer LinkedIn What to expect Join us for an engaging discussion on building supply chain resilience in the face of tariffs, reshoring trends, and market volatility.

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Choosing Rod Sherkin

Procurement Insights

“Three months after taking over as CEO, Welch set a vision for each business unit that they had to be #1 or #2 in their markets; if not, they had to fix, sell, or close the unit. This later became his one of the most famous strategies.” (Source: CEIBS ) I use The following process to determine if I want to advise, work with, or mentor a particular ProcureTech solution provider.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Part One: Expanding Procurement’s Influence — A Balance of Challenges and Innovation

CPO Rising

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part One: Expanding Procurement’s Influence A Balance of Challenges and Innovation appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Purchase request vs purchase order: Key differences and tips

Fraxion

Purchase request vs purchase order: Key differences & best practices An organization needs to procure goods and services to operate and grow. The procurement process involves a sequence of procedures, from identifying the required resources to maintaining accurate purchasing records. Purchase requests and orders are two key steps in the procurement process within a company.