World of Procurement blog

APRIL 23, 2024

These digital disruptors are reshaping how procurement teams interact with stakeholders and enhance operational efficiency. In this era of the "fourth industrial revolution," it is crucial for organizations to re-evaluate and upgrade their procurement frameworks and supply chain technologies.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 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. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

MAY 5, 2023

In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management. As a result, effective procurement is crucial to maintaining a competitive edge and supporting overall business objectives.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

Procurement 79

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Spend Matters

JUNE 19, 2023

In our experience, what differentiates advanced working capital and early payment vendors is the ability to provide a cash planner tool to improve cash and capital planning for buyers and suppliers, a partner ecosystem to support supply chain financing and AI capabilities to improve supplier adoption of the programs.

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Optimizing cost, in the order of a 20-25% reduction on the current situation, is therefore a must in order to survive.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JULY 2, 2023

Spend Analysis: Leveraging data and analytics to gain insights into procurement spend and identify opportunities for cost savings and efficiency gains. Risk Management: Identifying and mitigating potential risks in the supply chain, ensuring business continuity and resilience. These trends are already beginning to take shape.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. At EmpoweringCPO, we don’t just offer services, we build partnerships.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. 7 KPIs Your Procurement Team May Be Ignoring! Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? Procurement Transformation Delays – The Role of Personality!

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Pipefy

JULY 31, 2023

One way companies can become more agile and remain competitive despite economic uncertainties is end-to-end business process automation. While these processes don’t generate revenue, optimizing and automating them can reduce operational costs and improve process efficiency — both of which lead to long-term business benefits.

supply chain software solutions 52

supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Arkestro

MARCH 28, 2023

Procurement excellence already exists in your company, you just need PPO to see it. Arkestro sets the optimal conditions across all your spend, by default. Not just any procurement solution can claim to use PPO. Want to see what Predictive Procurement Orchestration can do for your business? Still not convinced?

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Arkestro

MARCH 28, 2023

Procurement excellence already exists in your company, you just need PPO to see it. Arkestro sets the optimal conditions across all your spend, by default. Not just any procurement solution can claim to use PPO. Want to see what Predictive Procurement Orchestration can do for your business? Still not convinced?

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Zycus Cognitive Procurement

JULY 29, 2021

Procurement now needs to factor in risks more than ever and deliver more excellent business value with limited resources. Agile companies are deploying digital-first systems that can forecast disruptions and alert CPOs to arrange alternate supply streams. It ensures business continuity, customer satisfaction, and profitability.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40