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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

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What the Coupa software acquisition means for procuretech

Procurement Software

nShockwaves were sent through the procurement software industry last December when the Coupa software acquisition was announced. They are arguably the market leader and self-proclaimed “inventor of the Business Spend Management (BSM) category”. Cloud-based software wasn’t as much of a thing.

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Responsible sourcing – Establishing trust and transparency in the value chain.

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The 25 Hottest US Procurement Startups

Procurement Software

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software.

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5 Procurement Trends Shaping 2024

Pipefy

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. The result is an acutely streamlined tech stack free of process or capability gaps, reduced risk, better use of employee time, and accelerated (and accurate) change management.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.