Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend?

Change management 69

Change management Management Contract Buyers 69

Procurement Insights

NOVEMBER 23, 2023

Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment. It enables users to allocate, manage and monitor budgets.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Due to globalization, growing consumer demands on transparency, the pertinence of sustainable development and technological advancements, procurement and supply chain professionals have been highlighted as an integral part of their organizations. Source: Accenture 2013. “An

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Supply Chain Game Changer

NOVEMBER 25, 2018

We see it in something as basic as automatic photo-tagging on Facebook, a process developed by Yann LeCun for the company in 2013. Yes, AI technology isn’t the end but only a means towards effectiveness and efficiency, improved innovative capabilities, and better opportunities. It has also helped them make better advertising decisions.

Supply Chain Efficiency 54

Supply Chain Efficiency Agile and Lean Supply Chain Buyers Data 54

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

By establishing an internal green procurement committee and a guidebook for purchasing energy efficient motors, they were able to mandate a minimum of 30% green procurement and then exceed their own mandate by having 83% of their procurements qualify as “green.” John Ferraro Building Efficiency Case Study. They saved $19.4 NRG Energy.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40