Barkers Procurement

AUGUST 2, 2023

The increasing pressure from macroeconomic factors that include Inflation, Continued Supply Chain disruption and Geopolitical tensions are primary areas of concern for the procurement professional. McKinsey reports that supply chain disruption is costing companies 0.47% on average each year. How can Barkers help?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

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. In order to achieve this, cross-functional commodity teams are used to evaluate suppliers and their capabilities.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

ivalua

MARCH 14, 2019

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. If procurement is to do more, it must be more efficient and free up capacity for higher value activities that support new strategic priorities. But for this to happen, CPOs need full visibility of suppliers.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

Jaggaer

OCTOBER 8, 2019

As we noted in the report, the digital transformation of procurement involves many processes working in tandem rather than sequentially; data integration would also allow analytics applications to exploit data from one area of the value chain to improve performance and efficiency in another. 2) Establish the basics.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Claritum

SEPTEMBER 27, 2018

Looking at the fundamental differences between the organisations in context of those things that could influence supplier selection. The NfP also has a greater focus on adding social value to a supply chain. So how do these differences affect procurement and supply. In selecting suppliers. 3 Financials.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

ivalua

NOVEMBER 26, 2019

This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Global automotive component supplier Meritor is a great example. It is exactly that deeper level of integration which delivers the efficiencies and seamless access to information you need to advance fully in your journey.

Procurement 130

Procurement Sourcing Spend management Innovation 130

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Jaggaer

SEPTEMBER 29, 2020

We saw that after the so-called dotcom crash of 2000, which led to an upsurge in interest in electronic procurement; up until then eProcurement had been little more than an idea. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring. Short-Term Pain Means Long-Term Gain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Zycus Cognitive Procurement

NOVEMBER 16, 2021

Organizations are looking to CPOs to take on broader and deeper strategic initiatives to create a future proof supply chain. It enables supplier centricity and greater visibility, sustainable sourcing, innovative category management techniques and all this culminates to make it a more customer-centric organization.

Procurement 40

Procurement Eprocurement Agile and Lean Supply Chain Supply Chain Efficiency 40