Procurement Insights

DECEMBER 6, 2024

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

Innovation 52

Innovation Risk Data Procurement 52

Arkestro

DECEMBER 6, 2024

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.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply chain resilience Supply Chain Optimization 52

Procurement Insights

DECEMBER 6, 2024

“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.

Supply Chain Efficiency 52

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

Procurement Leaders

DECEMBER 6, 2024

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

Risk 100

Risk Procurement Risk management Sustainability 100

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Data

Fraxion

DECEMBER 6, 2024

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.

Purchase orders 40

Purchase orders Purchasing Procurement 40

CPO Rising

DECEMBER 6, 2024

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.

Influencing 52

Influencing Chief Procurement Officer Innovation Supply management 52