Remove Chief Procurement Officer Remove Sourcing Remove Supply Chain Visibility
article thumbnail

Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? Here are some of the most important tools teams are already using.

article thumbnail

The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

professionals

Sign Up for our Newsletter

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

Trending Sources

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

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. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

article thumbnail

Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. .

article thumbnail

Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

Data 130
article thumbnail

Procurement In My Lifetime: A Timeline Of Understanding (1959 to 2024)

Procurement Insights

” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” What are the Top 3 concerns for Chief Procurement Officers in 2025? What are the Top 3 concerns for Chief Procurement Officers in 2023?