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Market trends in procurement technology 2023

Spend Matters

This article highlights the changes and trends that our scoring process and general market knowledge has brought to our attention. The post Market trends in procurement technology 2023 appeared first on Spend Matters. This content is for members only. Visit the site and log in/register to read.

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Tropic: Vendor Analysis — SaaS procurement solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Software is often difficult to procure for those used to traditional procurement techniques because it requires a completely different approach from procuring direct materials and goods.

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CPO Crunch: Operating models evolve

Procurement Leaders

The benefits of the former are full compliance and spend leverage, the trade-offs are seen in functional agility, speed to market, and local-market knowledge and diversification. Decentralised models solve the problems introduced with centralisation but at the sacrifice of local service.

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7 recruitment tips for building your procurement team

Procurement Heads

A retained approach to procurement recruitment, where the agency works on an exclusive basis and is paid upfront or a scheduled fee, shows the candidate pool your organisation is serious about hiring.

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Five Fundamental Principles of Category Management

Barkers Procurement

To manage categories successfully, you should respect several major principles of the practice: cross functional working, the use of facts and data, a strong supply market knowledge, open-ness to change and stakeholder engagement. Strong supply market knowledge. Below is a look at these principles in more depth.

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Navigating Procurement Disruptions: A Candid Discussion with Dr. Rutkoski

Arkestro

She’s responsible for providing market knowledge and intelligence as well as developing SaaS-based recommendations for procurement and supply chain deals. Dr. Rutkoski is also responsible for operation strategic alliance partnerships with market-leading tech providers. Rutkoski has had a storied career.

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Episode 157: Telling a Compelling Procurement Story with Alex Ball

Una

Alex has spent most of his career in marketing and demand generation, helping companies connect with and engage their target personas. He has also had the opportunity to work with procurement and has seen some ways that his marketing knowledge can be applied inside of companies to increase procurement’s influence.