Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

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Procurement solutions Procurement Chief Procurement Officer Procurement team 57

ivalua

APRIL 2, 2019

Supply chain efficiency and effective strategic sourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and Chief Procurement Officer at Pacific Drilling. Consus has been rated amongst the top 10 Procurement service providers by APAC CIO Outlook Forum.

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Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

ivalua

NOVEMBER 18, 2021

In a recent webinar, Ivalua spoke with two leaders from top-performing Procurement agencies in the public sector and a subject-matter-expert practitioner: . Victor Olds , Chief Procurement Officer, New York City & Director of Mayor’s Office of Contract Services.

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ivalua

JUNE 15, 2022

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. They have successfully centralized procurement to increase team collaboration, access to talent, and streamline processes.

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CPO Rising

JUNE 29, 2022

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply chain headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

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Jaggaer

JUNE 28, 2024

Riyadh, Saudi Arabia, 11 June, 2024: JAGGAER, the global leader in strategic sourcing and procurement, has held a series of roundtables in Saudi Arabia and the UAE to address the top priorities for Chief Procurement Officers (CPOs).

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CPO Rising

NOVEMBER 6, 2023

A little more than a decade ago when I joined Gartner and started out as an analyst, there were basically a handful of vendors that mattered and another handful that you had to keep an eye on (a slight exaggeration, but you get my point). And these vendors were fairly easy to classify — you […]

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Jaggaer

OCTOBER 6, 2020

Scott Schlotthauer Chief Procurement Officer Oklahoma State University. And not least, double-digit cost savings on our electronic sourcing bid events.”. While Schlotthauer was explaining this, Wessel drew the bid specification from the O.K. Corral — in a split second. Here it is” Wessel confidently replied.

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Zycus Cognitive Procurement

DECEMBER 16, 2022

Syed Shahrul Zaman , Head of Group Strategic Procurement. The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Maybank, Malaysia. .

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supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 12, 2021

Start by getting the most out of your spend analytics solution. While small companies rely on home-grown tools and larger organizations use legacy ERP-based spend analytics solutions, they realize the need for a dedicated procurement solution only after such tools have either reached a stage of saturation or failed.

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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. Consider these courses and resources from NLPA: 14 Procurement Best Practices Are You Chief Procurement Officer Material?

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Arkestro

AUGUST 15, 2024

It doesn’t allow procurement teams to scale at the pace and volume required for today’s organizations to thrive (or survive). Thankfully, AI transformation can step in where traditional procurement solutions fall short, revolutionizing sourcing for CPOs. FAQs CPO 100 Day Plan image/svg+xml image/svg+xml What is a CPO plan?

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CPO Rising

NOVEMBER 27, 2023

In part 1 of this series, we introduced and framed the familiar topic of suites vs. specialists in the procurement solutions space. And last week in part 2, we looked at the benefits of selecting the broader suite approach. This brings us to part 3 as we look at the opposite side — the benefits […]

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Procurement Procurement solutions Chief Procurement Officer Strategy 40

CPO Rising

APRIL 22, 2024

This week I’ll be addressing another common question: Is it a good idea to build your own procurement solution? Last week I tackled the question of what to do with a failed P2P implementation. In today’s article, we will take a look at why that’s usually not a good idea, nor is it ideal to […]

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Procurement Procurement solutions Chief Procurement Officer Eprocurement 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.

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Zycus Cognitive Procurement

JULY 27, 2021

Once upon a time in procurement, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on their instinct; after all, instinct is simply the product of years of distilled experience. If only human procurement practitioners were involved, the answer would be yes, but this is the digital era.

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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. How should you set the right expectations of AI in procurement solutions?

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Procurement Software

MAY 9, 2023

Each episode, Andrew interviews guests about the world of procurement and supply chain management. These guests range from chief procurement officers and best-in-class procurement leaders, to business and technology experts working in areas related to procurement.

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CPO Rising

JUNE 3, 2024

As we’re heading into summer (at least here in Sweden), conference season is winding down for a couple of months before kicking off again in September. This spring I had the privilege of attending Ivalua Now and Coupa Inspire and found both very useful and well arranged. User conferences take an incredible amount of work […]

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CPO Rising

MAY 13, 2024

But for a buying organization, there are several issues with trying to select, or even shortlist, solution providers based on RFPs. Today’s topic might seem a little ironic given that analysts are infamous among technology providers for issuing long and demanding questionnaires about everything under the sun.

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CPO Rising

APRIL 25, 2022

With heightened levels of regulation, competition, and risk, procurement departments in the financial services sector, by and large, are more heavily scrutinized and their performance, and that of their suppliers can have a more significant and direct impact on both top-line revenue and bottom-line profitability.

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CPO Rising

JANUARY 27, 2025

I… The post Magnus Mondays Charts, Ratings, Quadrants, and Classifications appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. Elouise Epstein created the so-called spider chart back in 2017.

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Arkestro

DECEMBER 12, 2022

And this puts intense pressure on a procurement department that needs to track, manage, and incorporate them all as part of its sourcing process. Predictive Procurement: Solutions for Health and Pharma. If you look at historical surveys of chief procurement officers, price has always been the top concern.

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CPO Rising

MARCH 24, 2025

For the last couple of years, generative AI (GenAI) has been a staple in procurement solution provider marketing as the savior for overwhelmed procurement departments.

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