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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. This “Pareto Principle,” otherwise known as the 80/20 rule, has today become a golden rule in procurement.

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CPO Spotlight: Kendall Smith

Procurement Heads

I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. Building the team and having greater visibility internally. I wanted the company to know that we have a great procurement team! .

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How is technology transforming global sourcing ?

Claritum

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Climate change is also a massive issue.

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Uniting manufacturing CFOs and procurement for margin expansion

Spend Matters

As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. Using conversion funnels to turn skeptics into raving procurement enthusiasts “Can you give me feedback on this approach?

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Predictive Procurement: Your Solution to Supplier Diversity

Arkestro

Companies also need to allocate resources to source, vet, and build capacity among diverse suppliers, as well as the infrastructure and technology needed to track supplier metrics and diverse supplier spending targets.”. However, there is a proven solution: predictive procurement. The company’s Chief Procurement Officer is Linda Chuan.

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The Intersection of Technology and Managed Procurement Services

Empowering CPO

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations.