This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs.
Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership.
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends?
Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.
Hayley Packham, Operations Director at Procurement Heads, said, “We are delighted to be partnering with such a forward-thinking organisation as Kaleida. Jason Roberts , CEO and Founder of Kaleida , said, “Driving successful supplier diversity initiatives requires leadership and partnership. “I
A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. Ensuring the procurementleadership team possessed complementary skill sets and good chemistry was an important enabler of this.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. The GEP Outlook 2024: Procurement & Supply Chain report analyzes global business trends and explores seven vital leadership themes that will equip you to make the most of the year ahead.
Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary On this episode of the Talent Talks Podcast, Martin talks to Jonathan Wharfe, Director of Procurement and Commercial Operations at Transport for London. Jonathan shares insights from his extensive career in procurement.
As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supply chain risks.
Procurement has evolved from a back-office function to a strategic driver of innovation and value. Digitalization involves applying digital technologies to improve existing processes, like implementing e-procurement systems. True digital transformation in procurement goes beyond automating tasks (or doing more with less).
Richard shares valuable insights from his extensive career in procurement, discussing his transition from consultancy to the NHS, the importance of purpose in his work, and the challenges … Continued The post The Future of NHS Procurement: Challenges, Leadership, and Patient Outcomes – Episode 108 appeared first on Talent Drive.
To help you marshal your arguments and strengthen your program, the Sustainable Purchasing Leadership Council invited private sector sustainable purchasing experts to weigh in.
By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. As companies seek to address these issues, the role of procurement is changing.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. Then try our Sustainable Procurement Course ! Enroll now!
Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.
We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!
33 Procurement Interview Questions in 2022. World Sustainable Procurement Day — The Ultimate Guide. World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry?
33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .
• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • Such circumstances make it important for procurement teams […].
Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. CPO roundtables, SIG University workshops) and real-world procurement execution (e.g., Its emphasis on actionable strategies (e.g.,
Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Registration is free for procurement, finance and supply chain practitioners and can be done online at Ivalua’s website. Redwood City, CA.
33 Procurement Interview Questions in 2022. Sustainable Procurement Requirements — The Ultimate Guide. Sustainable procurement requirements are closely tied to the company’s culture and policies. But what are the requirements to attain sustainable procurement? What is sustainability in Procurement? First Name.
ABOUT PGSCP With 163,933 members, PGSCP is one of the oldest and first LinkedIn groups created for procurement professionals and the industry. RAND Corporations 2024 research estimated that over 80% of AI projects fail, citing misalignment between leadership and technical teams. The group’s Founder, James E.
In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.
Procurement Sourcing Overview: Procurement sourcing is finding and choosing suppliers to get things an organization needs. Importance and Strategies: Good procurement sourcing saves money, ensures quality, reduces risk, and allows for innovation. appeared first on ProcurePort Blog.
Procurement has the once-in-a-lifetime opportunity to evolve into a strategic powerhouse. A lot of that will depend on how leadership reacts to the seismic shifts we are currently seeing in technology. Likewise, you could have a progressive organization who values and understands the contribution procurement could make.
Procurement success in 2023 with our Strategy Course. Procurement Conference — 10 Best Procurement Conferences. Attending a procurement conference allows you to meet like-minded professionals and industry peers in procurement. However, what are the reasons why procurement professionals attend a conference?
The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Transformation — Embracing Sustainable Procurement Sustainable transformation is needed to adapt and survive the new wave of challenges in the procurement process.
Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve. Ethical sourcing is a huge part of this.
Having led commercial improvement programs in public sector organizations, Ive seen firsthand the challenges procurement professionals face. While there are nuances across regions, many of the priorities and solutions for public sector procurement transcend borders. This distance leads to frustration and unrealized potential.
Sebastian is Procurement and Supply Chain Manager at leading management consultancy Baringa and for Procurement Heads ‘ first Futureheads profile he spoke with James Dobbin , Director and Head of Practice for our Financial & Professional Services offering, about how his procurement journey began.
For Procurement Heads ‘ latest CPO Spotlight, she spoke with Ben Stickland from our Public Sector team about her career. Since we last spoke I am delighted to have made the move into public sector procurement and joined the Government Commercial Function as the Commercial & Category Director for the UK Health Security Agency.
Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. Can the software grow with you as your needs change?
For this year’s International Women’s Day, Procurement Heads spoke to leaders from across procurement to get their thoughts on equity. “If you’re just starting your career, unsure of the path you want to take, try procurement! “It Inclusion means all IWD action is valid.
“Procurement is not a job, it’s a responsibility,” are words that will be nagging at the minds of a hundred procurement executives, following an impassioned speech by Henkel CPO Bertrand Conqueret in Frankfurt last week. Both were guests at the 2024 Procurement Leaders DACH Forum – Thomas a speaker, Bertrand a delegate.
But, the competitive landscape for procurement software is very different. As a result, the procurement software offered to public companies has been able to live in parallel with the private market; its evolution has been very focused on compliance with public procurement regulations. Where to Start?
Dame Helena Morrissey celebrated diversity in leadership and the importance of challenging our colleagues. Baroness Tanni Grey-Thompson , Kanya King and Tamara Lohan , who are pioneering in their own industries, inspired us to celebrate brave leadership, while Sam McAlister gave us the tools to negotiate in any circumstance.
Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! So, here’s a breakdown of procurement personalities in the office if they were different fruits for you and your colleagues to debate what fits who! When procurement bear fruit who are you within the fruit basket?
EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content