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Expanding the influence and impact of Procurement

Spend Matters

The historical approach focused on reacting to operational elements, like a plant being short of potatoes, instead of demand driven supply management processes. In addition, the broader supply chain organization was working to implement other new tools and processes.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).

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41 years later, is the Kraljic matrix still valid?

Procurement Insights

In 1983, Peter Kraljic introduced his matrix in an HBR article , Purchasing Must Become Supply Management. Threats of resource depletion and raw materials scarcity, political turbulence, and government intervention in supply markets intensified competition and accelerating technological change have ended the days of no surprises.

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Drive a thorough understanding of both the supply market and internal company requirements. Today procurement professionals are under considerable pressure to deliver value-adding business performance, and it is no longer enough to build a supply management capability that is efficient, demand-driven, or even transparent.