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Procurement Strategies for CFOs: Driving Cost Savings and Efficiency

Arkestro

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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Why Procuretech has Immense Potential to Grow

Procurement Software

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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Profit from the Source – Dr. Wolfgang Schnellbächer from BCG

The Procuretech Podcast

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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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.

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Seasoned Leadership in Action? ? An Interview with Joe Carson, CEO Spend Strategies, LLC!

Supply Chain Game Changer

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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4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

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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5 Procurement Trends Shaping 2024

Pipefy

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. In some cases, we may have only budgeted a 10% increase. So the challenge for procurement increases. And that’s not going away.”