Spend Matters

APRIL 30, 2025

The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Against this backdrop, a new model is emerging: procurement as Orchestrator of Value. As the bi-annual Deloitte CPO Survey makes clear , expectations have never been higher.

Suppliers 73

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 73

Spend Matters

AUGUST 8, 2023

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.

Risk management 98

Risk management Risk Management supply chain budgeting 98

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. Commercial functions are beginning to see the benefits of being really specific with suppliers.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Supply Chain Game Changer

OCTOBER 28, 2021

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.

supply chain budgeting 98

supply chain budgeting Procurement Supply Chain Efficiency e2e 98

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. The following is what a Procurement Department structure would look like in an organization: 1.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Contract 87

Supply Chain Game Changer

NOVEMBER 13, 2018

A Paradigm Shift in the Procurement Function. As companies seek to discover ways to increase overall excellence and competitiveness, a new source of value has emerged – Strategic Sourcing. What is Strategic Sourcing? The fundamental objective of any organisation is lowering the cost of goods manufactured.

Strategic sourcing 90

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 90

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Cost Saving. Supply Chain Transparency.

Supply Chain Efficiency 21

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 21

Empowering CPO

JUNE 30, 2023

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.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

The Procuretech Podcast

JUNE 28, 2022

I’m talking to Dr. Wolfgang Schnellbächer from BCG, the author of a new book fresh off the presses - Profit from the Source: Transforming Your Business by Putting Suppliers at the Core. . Supplier-centric transformation and the future of procurement. Sales or sourcing? Oftentimes it goes even higher.

Sourcing 52

Sourcing supply chain budgeting supply chain software solutions Supply Chain Efficiency 52

Procurement Talk with David Byrne

APRIL 4, 2023

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Listen on Amazon Episode show notes “This is actually a great time to be in procurement, because it’s a time to shine.”

supply chain budgeting 52

supply chain budgeting Budget Management Leadership 52

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Zycus Cognitive Procurement

DECEMBER 16, 2022

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. Cost Reduction.

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? A procurement manager, also known as a purchasing manager, plays a vital role in a company's supply chain management.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? A procurement manager, also known as a purchasing manager, plays a vital role in a company's supply chain management.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. Textiles, retail and automotive immediately spring to mind.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. With 36% of leaders prioritizing AI implementation in finance [1].

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Slimstock

MARCH 26, 2019

Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability. Procurement tasks traditionally include ordering, sourcing, and contracting. Procurement professionals have great analytical skills.

Procurement 66

Procurement Chief Procurement Officer Raw materials Supply Chain Optimization 66

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 71

Leadership Strategy Supply Chain Efficiency supply chain software solutions 71

Pipefy

DECEMBER 18, 2023

“Procurement leaders are generally confident in the current state of their talent and the ability to meet their near-term objectives,” says Fareen Mehrzai, senior director analyst in Gartner’s Supply Chain Practice. In some cases, we may have only budgeted a 10% increase. So the challenge for procurement increases.

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52

Empowering CPO

JUNE 20, 2023

But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. It can also provide valuable insights for budget planning and financial forecasting.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

World of Procurement podcast

OCTOBER 11, 2021

I think there's a danger sometimes when you work in procurement, particularly when you're, when you've got pressure for you, from your CFO, from the budgeting perspective that you can fall back into a pattern of being a purchasing team, really focused on cost commodity buying, but you're right. 00:11 Tom Mills Thanks, Daniel.

Procurement 52

Procurement Procurement team supply chain budgeting Supply chain 52

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130