Procurement Heads

OCTOBER 20, 2022

As a specialist procurement recruiter, with many years of experience, I’ve seen all sorts of approaches to building procurement and supply chain teams. Before I share my seven tips on how to build your procurement team, it goes without saying that before you go out to market, make sure the roles are signed off internally.

Procurement team 147

Procurement team Procurement Chief Procurement Officer Market knowledge 147

Procurement Leaders

JANUARY 16, 2023

So, how we manage risk is what keeps me up at night… We try to be robust as a procurement organisation because, as a commodities company, risk is a part of our everyday life: we can have a crop failure, we can have a delivery failure, we can have a quality failure, so how do we handle that?” ” Stroup says.

Risk 246

Risk Management Risk management Strategic planning 246

Spend Matters

SEPTEMBER 24, 2024

Achieving competitive outcomes in procurement is crucial for optimizing costs and ensuring high-quality supplies. Blair Romain, Senior Manager, Content Marketing at Arkestro The essence of competitive outcomes in Procurement — Procurement is a critical function that requires strategic planning to ensure the best value for the organization.

Strategy 114

Strategy Procurement Strategic planning Suppliers 114

Procurement Insights

JANUARY 3, 2025

It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions. Why is Supplier Information so important?

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Supply Chain Brain

SEPTEMBER 1, 2022

To navigate today’s dynamic environment, Procurement Leaders must isolate the trends impacting their function, unpack the challenges they pose, and prioritize the actions needed in response to shape their strategic plans now and into the future.

Strategic planning 98

Strategic planning Procurement 98

Planergy

FEBRUARY 24, 2025

Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Procurement Software

FEBRUARY 16, 2025

Procurement teams are being asked to deliver more, with fewer resources. Applying some of this modern small business entrepreneur logic to procurement teams could go a long way to help us get there. It can also apply to salaried employees too, as Ill explain below when we tackle this in a procurement teams context.

Procurement 52

Procurement Category management Procurement team Import 52

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability. Data Insight Strategy.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Procurement Templates

NOVEMBER 11, 2022

Procurement Policy Note – Taking Account of Carbon Reduction Plans in the procurement of major government contracts Action Note PPN 06/21 05/06/2021 Issue. This Procurement Policy Note (PPN) sets out how to take account of suppliers’ Net Zero Carbon Reduction Plans in the procurement of major Government contracts.

Procurement 130

Procurement Bidding Contract Suppliers 130

Procurement Heads

MARCH 15, 2023

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.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Sustainability Contract Leadership 246

Procurement Leaders

SEPTEMBER 8, 2022

Fast forward a few months, and with those same events continuing to challenge procurement teams, leaders have revealed what it is that they want. It caps a growing recognition of the importance of the people staffing today’s procurement teams. Preparing the next generation of procurement professionals.

Supply Chain Efficiency 195

Supply Chain Efficiency Procurement team Buyers Procurement 195

Procurement Tactics

MAY 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. Although it is gaining popularity, people still have little to no idea what 4PL is.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

On the other hand, the CEO is focused on the overall strategic direction of the company, and spend management is just one component of the broader strategic plan. However, the Director’s perspective will likely be more strategic, while the Manager’s perspective may be more operational.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Heads

JULY 19, 2022

Across the financial and professional services sector the demand for top talent has been extremely high – and at Procurement Heads we have helped organisations push on with their strategic plans by partnering with them to recruit the best procurement and supply chain talent. Let’s flip that, there are 1.3m

Data 130

Data Strategic planning Supply chain Demand 130

Procurement Leaders

SEPTEMBER 16, 2024

Savings can be a dirty word in the complex, angst-ridden world of procurement. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. Does avoidance count?

Budget 130

Budget Strategic planning Leadership Negotiation 130

Procurement Insights

FEBRUARY 24, 2025

There is more to e-procurement than software! This theory emphasizes the importance of recognizing and analyzing these hidden connections to enhance decision-making and strategic planning. One of the few exceptions was Virginia’s eVA initiative, which you can access through the following link: Yes, Virginia!

Influencing 52

Influencing Procurement Suppliers supply chain software solutions 52

Procurement Leaders

MARCH 6, 2023

From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. Those plans could be frustrated by the increasingly fraught economic climate, however.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. If this 100 day plan was broken down into 10 stages , what might you want to do? Networking: Attend industry events and join procurement networks to stay updated on best practices and industry trends.

Procurement team 130

Procurement team Contract management Innovation Contract 130

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Una

FEBRUARY 6, 2023

How to Get Your CEO to Care About Procurement Learn how to get your CEO to care about procurement by engaging the C-Suite to help increase the function’s impact and value. By default, this means that CEOs spend just one percent of their time thinking about the procurement function as a whole.

Procurement 98

Procurement Budget Supplier relationship management Suppliers 98

Procurement Leaders

APRIL 2, 2024

An exercise we’ve carried out on a few occasions over the years at Procurement Leaders has been to ask chief procurement officers to share the value propositions they have in place for their function. But, when done properly, they act as powerful drivers of value – both for procurement and the wider business.

Chief Procurement Officer 130

Chief Procurement Officer Strategic planning Strategy Collaboration 130

Procurement Leaders

JULY 1, 2024

Scope 3 data has emerged as an increasingly important topic within the Procurement Leaders community as supply chain sustainability has evolved from being a nice to have to a procurement imperative. This is a shared challenge, and procurement acting alone cannot expect to have all the answers.

Collaboration 130

Collaboration Raw materials Agile and Lean Supply Chain Procurement team 130

Procurement Heads

JUNE 20, 2023

I describe it as closer to four decades than three decades, and a good chunk of that has had a heavy focus on procurement. You were named in Procurement Magazine’s top 100 women in Procurement list, how did it feel to be recognised? We now see supply chain or procurement leaders have a space at the table. It is huge.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Procurement Import 244

Una

SEPTEMBER 22, 2022

Ultimate Guide to IT Procurement. A guide to IT procurement for navigating the complex IT sourcing process in a way that drives organizational efficiencies and improves your bottom line. Comprehensive Guide to IT Procurement. Procurement embodies purchasing across a wide range of categories. Who Owns IT Procurement?

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

APRIL 12, 2019

Procurement leaders are being given more and more priorities, he said, but there are obstacles in their way that stop them delivering strategic decision making and real value. So, is AI the light at the end of the tunnel for overworked procurement functions? Alex Saric, the CMO of Ivalua, started with the context for AI.

Procurement team 176

Procurement team Data Contract Suppliers 176

Procurement Tactics

AUGUST 15, 2022

33 Procurement Interview Questions in 2022. Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . What is Supply Chain Planning? Demand planning.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Procurement Leaders

JULY 9, 2024

To drive change in ESG demands long-term, strategic plans between buyers and suppliers; plans that require significant capital expenditure and, in many cases, deep inter-company collaboration. The arguments are fierce, with threats of litigation being thrown around already.

Sustainability 130

Sustainability Strategic planning Influencing Buyers 130

Procurement Leaders

JUNE 24, 2024

Benchmark against the best Just two weeks remain before we close the survey for our ever-popular Strategic Planning Guide , which provides timely insight at a key time of the year. The continued shift towards specialised procurement roles; highlighting leaders’ plans to hire dedicated digital, ESG and risk management staff.

Leadership 130

Leadership Strategic planning Category management Influencing 130

Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Import Procurement 52

Procurement Insights

MARCH 6, 2025

Its a time-saver for procurement teams or C-level execs needing a starting point. Why Its Good: For industries like procurement or sustainability tech, where Provider X operates, being in the Leaders quadrant signals reliability and market dominance. Why Its Good: Combines hard data with real-world feedback, offering a balanced view.

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Procurement Leaders

MAY 28, 2024

Those who attended the World Procurement Congress a couple of weeks ago will have heard that Procurement Leaders is celebrating its 20th anniversary this year. During that time, the procurement profession has changed significantly – evolving from back-office afterthought to a function of board-level, strategic relevance.

Strategic planning 100

Strategic planning Sustainability Procurement Risk 100

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 version of its JAGGAER One platform.

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Arkestro

MARCH 20, 2025

Arkestro’s executive advisors provide strategic guidance and foster ongoing innovation throughout the company. As supply chains and procurement grow increasingly complex in the face of global challenges, the Executive Advisory Board serves to ensure Arkestro remains strategically positioned and innovative in an evolving market.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Leadership 52

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. But that balanced scorecard has always been there in the best procurement organisations.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Procurement Tactics

JANUARY 9, 2023

33 Procurement Interview Questions in 2023. We, at procurement tactics, will tackle how you can transform into a sustainable business while maintaining a high margin or profitability. Strategically plan your sustainability. Negotiation Course For Procurement Professionals. Download Whitepaper →. . LEARN MORE.

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210