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How to build a successful procurement strategy

IBM Supply Chain Blog

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

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Procurement Strategies for CFOs: Driving Cost Savings and Efficiency

Arkestro

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.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We at Zycus , have always partnered with procurement and supply chain leaders and practitioners to equip them with the right set of tools for delivering breakthrough performance.

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The Future of Procurement

Una

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

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IPSERA 2023: Systemic Change – Lots for Procurement to Lead On

Barkers Procurement

IPSERA is the International Purchasing and Supply Education and Research Association that brings over 300 academics from across the world to discuss the latest knowledge and insights on procurement and supply chain thinking. The research presented highlighted that every €1 invested gave a €4-5 return.

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Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

Attention on social justice and diversity issues from consumers, employees, governments, and international regulators continues to increase. In this blog, we’ll lay out some of the ways your company can advance its supply chain DEI initiatives. Why Supplier Diversity? Tools like supplier.io

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Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

Attention on social justice and diversity issues from consumers, employees, governments, and international regulators continues to increase. In this blog, we’ll lay out some of the ways your company can advance its supply chain DEI initiatives. Why Supplier Diversity? Measure Your Baseline. Tools like supplier.io