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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

The figure’s head represents the top 1% of strategic suppliers to your organization. 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.

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Predictive Procurement: Your Solution to Supplier Diversity

Arkestro

Supplier diversity is increasingly being recognized as a critical objective for procurement. From a societal viewpoint, organizations that achieve supplier diversity help address inequality and social injustice. While supplier diversity has many indisputable benefits, it is also easier said than done.

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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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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: Overcoming Challenges in Health and Pharma

Arkestro

Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Supply Chain Visibility. Supply chain visibility is another critical issue. Managing Supplier Relationships.

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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.

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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying. in 2020, according to Procurement Leaders’ CPO Planning Guide 2021” (Procurement Leaders 2021). The Yin and Yang.