CPO Rising

SEPTEMBER 20, 2024

These are the primary sub-process areas that drive all sourcing activity… The post CPO Rising Listicle: Four Pillars of Strategic Sourcing appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Chief Procurement Officer Sourcing 52

CPO Rising

SEPTEMBER 9, 2024

This is a report designed to guide sourcing and procurement teams through the… The post Announcing Ardent Partners’ 2024 Strategic Sourcing Technology Advisor Report appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Chief Procurement Officer Sourcing 52

CPO Rising

MAY 12, 2023

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. Over the last few years, chief procurement officers have realized […]

Chief Procurement Officer 52

Chief Procurement Officer Negotiation Contract Import 52

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Offering kickstart packages, you can mobilize and deploy sourcing or contract management in less than four weeks.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Jaggaer

FEBRUARY 5, 2025

Engaging key stakeholders early on, including procurement, finance, IT, and legal teams, is crucial to ensure alignment. The project should be led by a cross-functional team under the guidance of a Chief Procurement Officer or senior procurement leader in the organization.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

FEBRUARY 13, 2023

The procurement department encompasses all steps in acquiring goods, services, and works from external suppliers and performs various functions such as managing the procurement process, developing strong relationships with internal stakeholders, and negotiating contracts.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Jaggaer

DECEMBER 13, 2024

Source-to- P ay refers to a broad strategic approach that encompasses not only the transactional end of procurement but also strategic sourcing, contract management, supplier relationship management, spend visibility, and procurement analytics. Contract management should also be viewed as a lifecycle activity.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

World of Procurement podcast

JUNE 8, 2021

If you want to learn how to become a Contract Management Pro in the World of Procurement, start here. In this Podcast Episode of the World of Procurement Podcast, we are talking to a Marketing Procurement Professional and expert, Stuart Dunk, who has experience working for some massive Companies, such as Nike.

Procurement team 52

Procurement team Chief Procurement Officer Procurement Contract management 52

CPO Rising

MARCH 22, 2024

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. Over the last few years, chief procurement officers have realized even more […]

Chief Procurement Officer 40

Chief Procurement Officer Negotiation Contract Suppliers 40

Procurement Software

NOVEMBER 21, 2022

The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Zycus Cognitive Procurement

JULY 30, 2021

Solutions that connect the end-to-end supplier relationship lifecycle from e-sourcing of suppliers to contract management and spend analysis, and finally, procure-to-pay transactions daily – leverage a single source of truth to make data-driven decisions. User interface (UI) complexity.

Supplier relationship management 52

Supplier relationship management Suppliers Management Procurement 52

CPO Rising

MARCH 10, 2023

The Best-in-Class contract management approach is multi-tiered, relying on an interconnected series of capabilities that ultimately drive visibility and insights and are founded on repeatable principles via the standardization, automation, and linkage of key processes (e.g.,

Contract 52

Contract Contract management Strategic sourcing Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Part of their day is often allocated to meeting with other department heads to understand their procurement needs and how they align with the company's overall strategy. Additionally, they regularly review contracts, manage budgets, and ensure compliance with laws and regulations. According to data from the U.S.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

Part of their day is often allocated to meeting with other department heads to understand their procurement needs and how they align with the company's overall strategy. Additionally, they regularly review contracts, manage budgets, and ensure compliance with laws and regulations. According to data from the U.S.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

NLPA (Next Level Purchasing Association)

MARCH 6, 2025

. “Procurement professionals are often brought into Negotiations with little information and our new course shows proven methods to prepare, and execute, on deals of any size or scope,” says Jeff Dean, SPSM, SPSM2, CPOM, CPOE, Vice President of Education at NLPA.

Negotiation 52

Negotiation Chief Procurement Officer Procurement Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 12, 2021

3] Astute Contract Risk Management. What happens after the contract awarding phase is most significant because it could move your entire procurement process in another direction. Contract management plays an essential role in maintaining an effective and competitive supply chain.

Contract 52

Contract Sourcing Contract management Chief Procurement Officer 52

Supply Chain Game Changer

OCTOBER 28, 2021

According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Oftentimes, supplier, contract, and category management have kept a mix of spreadsheets and SharePoint, as this is the comfortable choice.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Claritum

MAY 11, 2018

If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. of procurement leaders have limited or no visibility beyond their Tier 1 suppliers.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

CPO Rising

JUNE 19, 2023

Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space for some time. These new entrants are driving a renewed focus on contract management solutions.

Contract 40

Contract Innovation Contract management Supply management 40

CPO Rising

APRIL 15, 2022

Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space for some time. These new entrants are driving a renewed focus on contract management solutions.

Contract 40

Contract Innovation Contract management Supply management 40

CPO Rising

APRIL 20, 2022

Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space for some time. These new entrants are driving a renewed focus on contract management solutions.

Contract 40

Contract Innovation Contract management Supply management 40

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles. Consider these courses and resources from NLPA: 14 Procurement Best Practices Are You Chief Procurement Officer Material?

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

CPO Rising

MARCH 13, 2023

Automated contract management solutions that feature robust analytics and reporting tools can help procurement organizations offset staff shortages, perform more of the “heavy lifting” needed to manage and search through voluminous documents, and alert stakeholders of critical risks, opportunities, and events as well as contract milestones that need (..)

Contract 40

Contract Risk Contract management Procurement 40

CPO Rising

MAY 2, 2022

The Source-to-Pay process can be divided into two sub-process areas, what happens before and after a supplier contract is executed. Procurement departments can use contract management solutions to provide significant value in each area.

Contract 40

Contract Contract management Risk Sourcing 40

Empowering CPO

JULY 5, 2023

Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services. Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Procurement Software

MAY 14, 2024

Agility and Scalability in Procurement Operations: The adaptability and user-centric design of process orchestration tools enable businesses to readily adjust to changing needs and scale operations, positioning procurement as a pivotal driver of business innovation and growth. What is process orchestration in a procurement context?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Jaggaer

SEPTEMBER 23, 2019

Gartner estimates the current penetration of the addressable market for AI to be somewhere between 1% and 5% and that procurement professionals are hesitant about investing in new software.

Procurement 40

Procurement Chief Procurement Officer Data Ethics 40

HICX

DECEMBER 15, 2022

After his experience working as the Chief Procurement Officer for the Commonwealth of Pennsylvania , David asked himself: “Why can’t we do this for public procurement? Why can’t we create a tool that connects everyone in public procurement in the U.S., That information can be hard to get.” . “If

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Procurement Software

MAY 9, 2023

World Of Procurement World of Procurement is a podcast about procurement, supply chain and contract management. Each episode, Andrew interviews guests about the world of procurement and supply chain management. Procurement Rising is released in seasons, airing on a monthly basis.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

CPO Rising

APRIL 5, 2024

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. The integration of Artificial Intelligence (AI) into modern procurement technologies will usher […]

Procurement 40

Procurement Procurement team Strategy Chief Procurement Officer 40

CPO Rising

FEBRUARY 12, 2024

Contract Lifecycle Management (CLM) has come a long way in the last 25 years or so. The technology started as simple databases where some key metadata was collected to enable search and notifications.

Contract 40

Contract Management Procurement Chief Procurement Officer 40

CPO Rising

JUNE 3, 2022

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements.

Spend management 40

Spend management Supply chain Innovation Supply management 40

World of Procurement podcast

OCTOBER 11, 2021

I'm just saying that shouldn't be the goal of procurement. If he gets a bad thing, if there's a chief procurement officer, sorry, the CFO, I completely get, like I genuinely think it is now it can add value to a business. 17:59 Daniel Barnes Yeah, I completely agree. Like, and I don't want to get exposed to that.

Procurement 52

Procurement Procurement team supply chain budgeting Supply chain 52

Procurement Software

AUGUST 27, 2024

Why procurement tech will reduce the demand for category managers Chief Procurement Officers (CPOs) rarely have the necessary resources to deliver what the business expects of them. While Sales & Marketing teams are well-staffed and resourced, procurement departments are very lean.

Category management 52

Category management Management Procurement Agile and Lean Supply Chain 52

CPO Rising

FEBRUARY 7, 2025

It’s Friday, which means we’re sharing anotherCPO Rising Listicle.Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve… The post CPO Rising Listicle: AI in Action Procurement, Part 1 appeared first on CPO RISING - THE (..)

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Supply management 52