Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. 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

SCMDOJO

FEBRUARY 15, 2025

Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions. A well-managed supply chain does not just survive crises it thrives in them.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SCMDOJO

JUNE 28, 2024

Key competencies: Direct & indirect materials Function Strategy & transformation Digitalization ESG Risk management Supplier Relationship management She is an invited lecturer and Award-Winning Speaker, nominated for ‘Best Procurement CPOs – Russia’ list.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Procurement Heads

DECEMBER 15, 2022

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Procurement Heads

SEPTEMBER 14, 2022

My role has seen a shift as a result of all of the emerging risks we’ve encountered, many for the first time, I’ve seen much more focus from our executive team and the regulator on supply chain resilience, so I’ve been strengthening our capability in this area too. Where do our passions lie in the day-to-day of the role?

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Suppliers Supply chain Risk 130

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.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Barkers Procurement

FEBRUARY 27, 2023

Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. Water companies need to build greater capability to understand risk.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Risk 52

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.”.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

World of Procurement blog

MAY 8, 2024

Supplier Relationship Management Your suppliers are partners in delivering value. Focus on building collaborative relationships based on trust and transparency. Ethical and Sustainable Procurement Source from suppliers who follow ethical labor practices and treat workers fairly.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Procurement Software

APRIL 2, 2024

Likely will have supplier onboarding module with some basic due diligence features or document repository. Mid-Range SRM Software You can also get pretty feature-rich, full-stack supplier relationship management (SRM) platform within this price range. Contracts module will in most cases be more than just a repository.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It now plays a crucial role in cost savings, risk management, and value creation for organizations.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 27, 2023

Supplier Collaboration: Fostering closer collaboration and communication with suppliers through digital platforms and portals. This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring.

Real-time Visibility 40

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