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Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction. For instance, one company is using a network of trusted suppliers built on IBM Blockchain® to provide product provenance for sustainably sourced shrimp.

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Ultimate Guide to Procurement in Education: Tips for Schools & Academies

Planergy

The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? Indirect Procurement Indirect procurement covers support services and materials that enable institutional operations. Book a Live Demo 2.

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Building a Procurement Function From Scratch

Una

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

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Risk Management in Procurement: Strategies and Tools for Success

Empowering CPO

Effective procurement risk management entails identifying, assessing, and mitigating these risks to ensure a resilient and efficient supply chain. Types of Procurement Risks Supply Risks – Supply risks involve factors that can disrupt the availability, quality, or timely delivery of goods and services.