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.

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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.

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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.

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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.

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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.

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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.

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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].

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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