article thumbnail

3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

article thumbnail

3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

professionals

Sign Up for our Newsletter

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

article thumbnail

Q3 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 13 vendors

Spend Matters

CLM DraftOnce from Blue Burro is a contract drafting solution that focuses on document preparation (specifically procurement contracts). Pando eliminates broken and siloed freight fulfillment processes, fostering agility within supply chain organizations to respond effectively to disruptions and changes in the value chain.

article thumbnail

How to Implement a Strategic Sourcing Process

Una

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

article thumbnail

Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Contract management systems: Solutions that store, organize, and manage procurement contracts in a centralized repository.

article thumbnail

Chat GPT Take on Procurement Leadership

Procurement Templates

Here are a few well-known procurement leaders as of 2021: Tim Cook (Apple Inc.): Tim Cook has been instrumental in overseeing the company’s global supply chain and procurement operations. His expertise in managing complex supply networks has played a crucial role in Apple’s success.