Procurement solutions Risk management Supply chain resilience 
Procurement Insights
OCTOBER 21, 2024
The adoption of digital procurement solutions has accelerated over the past two decades, driven by the need for automation, cost savings, risk management, and supply chain resilience. The Real Question When I asked ChatGPT, “What are the implementation success rates of the above companies?
Supply Chain Game Changer
APRIL 15, 2020
Fact: A digital procurement roadmap is a cornerstone of any procurement organization’s digitalization journey. But, it doesn’t have to be the deciding factor, the end all to be all or the absolute first step in an evaluation of digital procurement solutions. That means you need to know your supplier.
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Zycus Cognitive Procurement
JANUARY 24, 2023
Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.
Arkestro
DECEMBER 12, 2022
To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”.
Planergy
JANUARY 26, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. You can integrate systems in various ways, but the more you integrate and customize, the higher your risk.
Empowering CPO
JUNE 30, 2023
These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.
Zycus Cognitive Procurement
DECEMBER 16, 2022
There is an incessant need for going beyond “some-what digital” to “truly digital” operations for business continuity, risk management, and operational excellence. Next-Gen Procurement technologies are driving significant changes in how businesses operate and undertake procurement. Developing supply chain resiliency.
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