Jaggaer

NOVEMBER 14, 2024

Moving Beyond the Traditional View of Procurement Many companies still view procurement primarily as a place to limit costs. According to The Hackett Group’s 2024 CPO Agenda , cost reduction remains the top priority for Chief Procurement Officers (CPOs).

Supply Chain Efficiency

Procurement Insights

MARCH 31, 2025

. “The concept of strand commonality in procurement is not widely recognized as a standard term in mainstream procurement literature, but based on available discussions, it appears to have been first articulated by Jon W. Hansen in 1998. success rate. success rate.

Chief Procurement Officer

Spend Matters

APRIL 15, 2025

Although the Chief Procurement Officer role is not new, periods of high uncertainty and crises, such as those caused by the pandemic, demand innovative and inspirational leadership to guide procurement through reinvention and toward excellence. The Supply Analyst.

Procurement

ivalua

MAY 10, 2025

The scale, complexity, and risk involved in global operations within the modern enterprise demand more advanced solutions that can integrate tightly with ERP, finance, and supplier systems and support broader goals such as sustainability, risk management in procurement, and cost optimization.

Supply Chain Efficiency

ivalua

MAY 21, 2025

Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.

Real-time Visibility

Jaggaer

FEBRUARY 28, 2025

Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. This includes skills in data analytics, negotiation, and stakeholder management.

Agile and Lean Supply Chain

ivalua

JULY 3, 2025

Procurement can and should be a significant value generator for the larger organization. Creating Value: Sourcing and procurement use relevant sourcing processes and tools to engage and select the best-fit supplier. Direct procurement usually involves predictable, forecast-driven planning cycles.

supply chain budgeting

Spend Matters

NOVEMBER 7, 2024

“Subsequently, I moved to the Bay Area to serve as the Chief Procurement Officer at a rapidly growing tech startup that had just gone public. This foundation enables powerful data correlation, scenario-based modeling, and high-level automation while maintaining robust security and privacy standards.

Supply Chain Efficiency

SCMDOJO

FEBRUARY 21, 2025

Procurement leaders, Chief Procurement Officers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

Agile and Lean Supply Chain

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency

Jaggaer

FEBRUARY 20, 2025

And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey.

Sourcing

Barkers Procurement

MAY 7, 2025

Poor data made it hard to see activity, which made it hard to reach decisions, stay compliant and find creative solutions in the chaos. Well-placed to lead this charge, are Chief Procurement Officers (CPOs), whose teams work very closely with the supply chain. Nothing moved.

Agile and Lean Supply Chain

Jaggaer

FEBRUARY 5, 2025

Ultimately, businesses looking to enhance their agility and data-driven decision-making will find significant value in modernizing their S2P workflows. Collaboration and communication improve significantly with integrated platforms that centralize supplier data, negotiations, and performance tracking.

Supply Chain Efficiency

Barkers Procurement

JULY 17, 2025

Chief Procurement Officers (CPOs) lead the teams who manage public spending, and so, they too are under the microscope. The public has expectations around how procurement transacts. Ultimately, CPOs who want their teams to shine should consider three priorities: supplier collaboration, data analytics and ethical sourcing.

Ethics

Positive Purchasing

JUNE 17, 2025

Navigating Procurement 2030 and Beyond Written by Kathleen Harmeston – Business and Procurement Transformation Advisor, and Jonathan O’Brien – CEO of Positive Purchasing, this whitepaper explores the evolving role of procurement in a volatile global business environment.

Chief Procurement Officer

Barkers Procurement

JANUARY 7, 2025

In practice, this means that business leaders, including Chief Procurement Officers (CPOs), should gauge whether they are making a meaningful impact on their carbon footprint and net zero policies. Upstream data must inform the choice of the best material, so its imperative that this data be accessible.

supply chain budgeting

Jaggaer

JUNE 25, 2025

Securing AI in Procurement – the Risks Let’s examine these risks and consider their possible impact on procurement. CPOs, while exploiting the undoubted benefits of GenAI, must work with cybersecurity experts to address concerns around data privacy, the potential for biased outcomes, and intellectual property issues.

Risk

ivalua

MAY 28, 2025

We started the day with opening remarks from Laura Smith , Ivalua’s VP Sales North America, and another interview-style session with Gaurav Saini , Chief Procurement Officer and Head of Corporate Services at Manulife. Brent Griffith Day 2: More Keynotes, Sessions, and Silent Demos!

Agile and Lean Supply Chain

Spend Matters

APRIL 30, 2025

It blends internal and external data to create context-aware decisions. Figure 2 Source: Deloitte and Spend Matters, Chief Procurement Officer Study , 2023 Supplier onboarding: Use case Novartis Nowhere is orchestration more visible than in supplier management. From there, workflows adapt in real time.

Suppliers

CPO Rising

DECEMBER 30, 2024

But as is the case with a lot of areas within procurement, its complex. One of the biggest issues… The post Best of 2024: Magnus Mondays The Two Levels of Supplier Management Tech appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Chief Procurement Officer

Arkestro

JUNE 11, 2025

“In the next five years, AI is really going to change how we’re operating,” Kate said, pointing to the growing demand for deeper data insights. There’s a huge trend and need for data insight and visibility that is being driven by the current environment and the world of volatility, uncertainty, and complexities.”

Procurement team

Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? When should you introduce technology into your ESG strategy process – before or after addressing questions 1 and 2?

Chief Procurement Officer

Procurement Software

JUNE 15, 2025

How to Improve Procurement Efficiency Leading a team of skilled procurement professionals means that you’re managing knowledge workers. There are way too many technocratic Chief Procurement Officers out there. Procurement has to become more visionary in our approach.

Supply Chain Efficiency

Spend Matters

JUNE 3, 2025

For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses. And when linked to SCRM data and visibility tools, DFS becomes even more powerful. It turns risk data into design input.

Agile and Lean Supply Chain

Barkers Procurement

MAY 15, 2025

In practice, Chief Procurement Officers (CPOs) have an opportunity to help their teams balance several tasks. On the one hand, teams must purchase the highest-quality expertise that will deliver within tight timelines while maintaining data integrity.

Chief Procurement Officer

Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Error Reduction: Self-cleansing data validation cuts errors by 80% , minimizing costly rework (e.g., mismatched orders).

supply chain budgeting

Procurement Insights

FEBRUARY 26, 2025

Velocity Procurement might use pre-vetted supplier pools, real-time data feeds (e.g., itpro.com Chief Executive Officers (CEOs): Beyond trust and error concerns, CEOs are also mindful of the ethical and reputational implications of deploying AI systems that lack transparency, which can impact stakeholder trust and company image.

Chief Procurement Officer

Jaggaer

MAY 16, 2025

The centralisation and streamlining of procurement across multiple countries and suppliers has reduced complexity and strengthened TKEs oversight and transparency, enabling us to achieve important savings,” commented Oscar Rego, Chief Procurement Officer at TKE. In 2024, we had sales of EUR 6.1

Procurement

Procurement Insights

FEBRUARY 26, 2025

” The concept of “strand commonality” in procurement is not widely recognized as a standard term in mainstream procurement literature, but based on available discussions, it appears to have been first articulated by Jon W. bolts and nuts) that share procurement patterns, bundling them for efficiency.

Supply Chain Optimization

Jaggaer

JUNE 25, 2025

Other (Functional) Types of AI Predictive AI forecasts future outcomes based on historical data. Its accuracy depends on the quality of the training data and biases in the data can lead to flawed predictions. Unlike generative AI, discriminative AI models are trained to differentiate the data.

Supply Chain Optimization

Supply Chain Brain

JUNE 26, 2025

Bowman, SupplyChainBrain There’s always been procurement in supply chains — but today’s CPO is a whole different animal. Procurement sits at the center of every global supply chain, for acquisition of raw materials, components, assembly, finished goods, transportation and a range of other business functions.

Chief Procurement Officer

Procurement Insights

FEBRUARY 23, 2025

Therefore, the assertion that 80% of all procurement roles will be gone by 2035 appears to be an overestimation based on current data and projections. Scottish Water 9bn procurement process could create 4,000 jobs – thetimes.co.uk What do my 40-plus years of high-tech and procurement experience indicate?

Chief Procurement Officer

Supply Chain Brain

JUNE 27, 2025

Featured Product Popular Stories DHL Express Canada Ceases Deliveries for Now Last Mile Delivery Podcast | The Evolving Role of the Chief Procurement Officer Supply Chain Planning & Optimization Canada Sets Deadline to Hike Steel, Aluminum Tariffs Against U.S. Timely, incisive articles delivered directly to your inbox.

Supply Chain Optimization

Supply Chain Game Changer

NOVEMBER 11, 2018

Check out What Exactly Is Procurement? Kodiak Rating’s CTO was recently in attendance at a Procurement Leaders event held in London, titled DITx?—?Data Data Intelligence and Tech Forum. CPOs (Chief Procurement Officers) is the function in charge of leading this transformation. And What is Purchasing?

Chief Procurement Officer

ProcurePort

DECEMBER 16, 2021

With data being the new oil, smart Chief Procurement Officers make full use of it to make strategic decisions. Over 59% of enterprises report using supply chain analytics in their daily operations. The post Supply Chain Analytics: What It Is & Why It Matters appeared first on ProcurePort Blog.

Supply Chain Analytics

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? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data?

Data

Supply Chain Brain

MAY 14, 2024

Rising geopolitical tensions, climate change and global commerce disruptions are making the jobs of chief procurement officers harder than ever.

Chief Procurement Officer