Remove Agile and Lean Supply Chain Remove Eprocurement Remove Procurement Remove supply chain software solutions
article thumbnail

Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. The global supply chain is undergoing an incredible transformation that will change the way we do business. 5 BU’s: Digital, Pharma, Supply Chain, Tissue, and Tobacco.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264
article thumbnail

Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

procurement is a critical business function that requires a unique set of skills and expertise. To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis.

article thumbnail

What’s Next for Digital Procurement?

Jaggaer

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

article thumbnail

Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation.

article thumbnail

HOW COGNITIVE PROCUREMENT IS GOING TO SHAPE THE FUTURE?

Zycus Cognitive Procurement

Organizations are looking to CPOs to take on broader and deeper strategic initiatives to create a future proof supply chain. In other words, the electronic Procurement system is the paradigm shift in the Procurement function. However, the question arises, does this pose a threat to the future of procurement jobs?