Remove Chief Procurement Officer Remove Risk management Remove supply chain software solutions
article thumbnail

Strengthening procurement – Transforming through people and skills

Spend Matters

Procurements most valuable players Jesus Campos , CEO CorporateLATAM, once wrote on Spend Matters that procurement functions must address two key areas to navigate the uncertainty of global markets: risk management and organizational structure the latter being relevant to our discussion on procurement transformation.

article thumbnail

Sustainable Supply Chain Consulting — The Ultimate Guide

Procurement Tactics

Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supply chain consulting firms are. What is Sustainability in Supply Chain?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. This can free up procurement professionals to focus on higher-value activities.

article thumbnail

Navigating trade turbulence: What tariffs are really exposing in Procurement

Spend Matters

The US administrations announcement of reciprocal tariffs in early April sent a jolt through global supply chains. For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses.

article thumbnail

What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. In this way, the procurement function becomes a strategic business partner that not only contains costs but delivers true value and even helps to generate revenue.

article thumbnail

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. He is likely to come under pressure to do so.

article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Dirty Little Secret #1.