Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Agility in Volatility: Real-time adjustments to demand spikes, supply shortages, or ESG regulations ensure continuity.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. What is Cost Saving in Supply Chain Management?

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Procurement Software

JUNE 25, 2024

It includes strategies like procurement cost reduction strategies, streamlining purchase processes, and enhancing efficiency across the procurement lifecycle. These can include negotiating contracts that prevent price increases or optimizing the supply chain to avoid rushed shipping fees.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Once upon a time, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on his instinct, which is simply based on years of distilled experience. Data-driven procurement can help leaders keep up pace with the much-needed agility. 96% of the leaders believe that this a long-term trend.

Procurement 40

Procurement Chief Procurement Officer Agile and Lean Supply Chain supply chain software solutions 40

HICX

MARCH 10, 2023

What did exist was Procurement, a function that did worked with all suppliers, albeit in one area: transactions. So, management ended the search and tasked Chief Procurement Officers (CPOs) with this added job. To do it, CPOs quickly applied ‘point’ solutions, software that can deal with given use cases.

Procurement 52

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

Pipefy

DECEMBER 18, 2023

In the Amazon Business report on procurement data, 98% of respondents report having plans for investments in analytics and insights tools, automation, and AI for their procurement operations in the next few years. A lack of agility or flexibility with existing tools was also listed.

Procurement 52

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

Procurement Insights

SEPTEMBER 11, 2024

Like 1Reply Vera Rozanova MBA, MCIPS Chartered, MEng (Hons)CPO-Chief Procurement Officer | Procurement Director | Supply Chain | Invited Lecturer | Author | Business Trainer | Transformation 2h Jon W. Hansen One of the key criteria for procurement when selecting an IT provider is their client base.

Influencing 52

Influencing Procurement team Agile and Lean Supply Chain Procurement 52

Procurement Software

AUGUST 27, 2024

At the same time, procurement technology has become more affordable and easier to use. The number of procurement tools on the market has of course multiplied too, especially in the last 5 or so years. In manufacturing businesses, it also often deals with operational issues in supply chain and logistics management.

Category management 52

Category management Management Procurement Agile and Lean Supply Chain 52

Procurement Insights

FEBRUARY 26, 2025

” The concept of “strand commonality” in procurement is not widely recognized as a standard term in mainstream procurement literature, but based on available discussions, it appears to have been first articulated by Jon W. Supply Chain Optimization Lets dive into supply chain optimization in the context of Jon W.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40