article thumbnail

How to be a successful Procurement Business Partner

Future Purchasing

In some respects, business partnering has become the natural progression for Procurement teams to move from their traditional stakeholder engagement approach to a more sophisticated deeply embedded relationship status that identifies greater value for its stakeholder community.

article thumbnail

Will Tech and AI make Category Manager roles irrelevant?

The Procuretech Podcast

Despite the efficiency AI brings, it cannot replace the essential soft skills required for effective supplier management and stakeholder engagement. Category managers excel in fostering relationships, developing category strategies, and crafting compelling narratives around data to engage stakeholders.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Five Fundamental Principles of Category Management

Barkers Procurement

To manage categories successfully, you should respect several major principles of the practice: cross functional working, the use of facts and data, a strong supply market knowledge, open-ness to change and stakeholder engagement. When developing your category management strategy , you must have a comprehensive team of stakeholders.

article thumbnail

What are the bottom 3 priorities on most IT budgets?

Procurement Insights

Pratt (Tech Target) The Bottom Three IT Budget Priorities Cloud Services – Allocation for cloud services and platforms Data Services – Data analytics, Business insights, Monetizing data to enhance metrics, improve customer experiences, support the overall business Artificial Intelligence (AI) – Deploy AI machine learning, Automating (..)

Budget 81
article thumbnail

Talent Spotlight: Andrew F. Smith

Procurement Heads

Collaboration and stakeholder engagement are much-used terms within procurement teams. How are these skills useful and applied in wider roles? I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures.

article thumbnail

Talent Spotlight: Andrew F. Smith

Procurement Heads

Collaboration and stakeholder engagement are much-used terms within procurement teams. How are these skills useful and applied in wider roles? I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures.

article thumbnail

What Skills Does an ESG Procurement Manager Need?

Una

Stakeholder engagement The procurement function can’t shift the dial on ESG alone. Cultivate relationships within your professional network to enhance your stakeholder engagement abilities. This includes quantifying environmental impacts, evaluating supply chain risks, and tracking progress towards ESG goals.