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Expanding the influence and impact of Procurement

Spend Matters

The procurement leadership team fully supported and embraced the implementation of these new tools and their individual leadership and commitment created a lot of positive momentum and stakeholder engagement. For the third piece of tech, a contract management system, the Legal Department was a strong ally.

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Zip Forward 2024: Forging paths to sustainable success

Spend Matters

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. Cross-functional orchestration beyond intake.

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How to build a successful procurement strategy

IBM Supply Chain Blog

Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan. Gather diverse insights, understand needs and manage expectations. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

Involve all stakeholders: Engage procurement professionals, suppliers, and other relevant stakeholders in the process, ensuring their buy-in and support. Involving key stakeholders: Engage relevant stakeholders from different departments, such as finance, operations, and sales, to understand their needs and priorities.