Procurement Insights

MAY 1, 2025

Supplier Relationship Management: Archives provide a full view of supplier performance over time, supporting better selection, development, and negotiation. Category and Strategic Sourcing: Category managers and sourcing teams can leverage analytics from the archives to identify savings opportunities, manage risk, and drive innovation.

Procurement 40

Procurement Supplier relationship management Supply Chain Optimization Negotiation 40

The Good Spending

APRIL 2, 2023

Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it. When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Category management Budget 98

Claritum

OCTOBER 12, 2018

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. The Category Manager needs to become more integrated into key business processes and more consultative in nature.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Procurement Software

OCTOBER 1, 2024

The easiest way you’re going to ditch the administrative label of procurement is by freeing up time and resources. Those are the resources that should be deployed on actually delivering Category Management and SRM, which in turn drive more real value. Pretty slides are just that.

Procurement 52

Procurement Procurement team Real-time Visibility Influencing 52

The Good Spending

MAY 28, 2023

Here we assume that the interaction with end-users will happen via the Procurement Service Desk in Middle Office, the sourcing function will reside in Front Office alongside the Category Management and Front Office will also include the Strategy, Analytics, and Functional Development capabilities.

Procurement team 52

Procurement team Procurement Category management Sourcing 52

Supply Chain Game Changer

MAY 26, 2020

With the promise of future business awards Procurement is largely responsible for finding and qualifying potential new suppliers. Once there is a pool of suppliers Procurement conducts and leads the quotation and supplier selection process culminating in the award of business.

Procurement 105

Procurement Purchase orders Supply Chain Optimization Ethics 105

The Good Spending

MARCH 3, 2024

Once you map a service you're about to source in any of the four proposed quadrants, you may identify the value promise and procurement strategy, as presented below. Yet another tool for your sourcing and category management to consider applying.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59