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 […]

Procurement 52

Procurement Procurement solutions Chief Procurement Officer Eprocurement 52

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?

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

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 […]

Procurement 40

Procurement Procurement solutions Chief Procurement Officer Strategy 40

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.

Sourcing 52

Sourcing Bidding Chief Procurement Officer Competitive bidding 52

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.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

ivalua

MARCH 16, 2020

In order to establish a unified and consistent source-to-pay process throughout the entire Group, Körber was looking for a fully integrated e-procurement solution. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

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.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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.

Procurement solutions 55

Procurement solutions Procurement Chief Procurement Officer Procurement team 55

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

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.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

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.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

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.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

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.

Procurement 130

Procurement Eprocurement Chief Procurement Officer Procurement solutions 130

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.

Risk 52

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

Procurement 40

Procurement Chief Procurement Officer Data Ethics 40