Procurement Insights

JULY 2, 2025

In the July 2008 Procurement Insights post Procurement considerations when dealing with a merger? (A There is more to e-procurement than software (Part 2) – see the link in the Web Resources Section. Under the heading “Candy and supply base synchronization,” I wrote the following: How important is effective internal collaboration?

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 59

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

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

Procurement Insights

MAY 3, 2025

Ariba) was niche, and spreadsheets remained standard for supplier data and budgeting. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. 2008 97% Financial crisis increased reliance on cost-effective tools like Excel. in spreadsheet software market).

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Procurement supply chain budgeting Procurement team Influencing 52

SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

According to McKinsey research , in the five years immediately following the 2008 global financial crisis, total return to shareholders for companies with top-quartile procurement capabilities was 42 percent higher than the companies whose procurement operations were in the bottom quartile. This is to enable greater autonomy and agility. .

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supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Where you can, reduce business expenses such as the lease of your office space. Sell smarter.

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supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. Vodafone founded in 2008 Vodafone Procurement Company : a subsidiary company managing $24bn spend across Vodafone ecosystem “ with digital and pioneering procurement practices”.

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supply chain budgeting Chief Procurement Officer supply chain software solutions Contract management 52