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Analyst Eye on CPO shift in focus towards third-party risk management

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the shift in CPO priorities towards supply-related risks. So, in 2022 our analysts pooled their knowledge of solution vendors that address third-party supply chain risk.

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AI + Data = Supply Chain Risk Management!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. AI + Data = Supply Chain Risk Management.

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The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Let’s say, for example, a supplier of facility management fails to meet its contractual obligations, causing the bank to make substantial losses. The bank’s Chief Procurement Officer may want to change vendor. How Choosing the Right Spend Management Solution Can Help. He is likely to come under pressure to do so.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

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Procurement Transformation Imperatives for Malaysia in 2023 and Beyond

Zycus Cognitive Procurement

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. Procurement 4.0

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The Intersection of Technology and Managed Procurement Services

Empowering CPO

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.