Procurement Insights

APRIL 9, 2025

Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., Example : Agents from a manufacturer and Tier 1/2 suppliers jointly resolve component shortages by redistributing inventory in real time. 3-way invoice matching).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

Spend Matters

OCTOBER 4, 2024

Zip also hosted panels, Q&A sessions and more with various procurement and finance leaders from Prudential, Pixar, Arm, Coinbase and others. As Spend Matters analysts we attended a mini analyst summit which helped free up time for us to talk to fellow attendees during the day’s event. The firm is clearly the market’s pace setter.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Future Purchasing

OCTOBER 4, 2022

Too often Procurement works in isolation when deciding what category projects to work on. We all know that without the right level of stakeholder support many of these projects simply will not be implemented. Procurement teams clearly appreciate why strategic alignment planning activity is such an important activity.

Category management 52

Category management Collaboration Real-time Visibility Management 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Unfortunately, implementing changes in procurement can be a bit like that. No matter the situation, it can be hard.

Change management 52

Change management Management Procurement Leadership 52

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40