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Did you miss Ardent Partners’ recent webinar,Scale New Heights: Improve Performance by Optimizing Your Procurement Technology, that shed light on reaching the next level of procurement performance by building a… The post Part Two: Scale New Heights How Technology is Transforming SpendManagement appeared first on CPO RISING - THE SITE (..)
Did you miss Ardent Partners’ recent webinar,Scale New Heights: Improve Performance by Optimizing Your Procurement Technology, that shed light on reaching the next level of procurement performance by building a… The post Part One: Scale New Heights How Technology is Transforming SpendManagement appeared first on CPO RISING - THE SITE (..)
For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. After a thorough selection process, Körber opted for Ivalua’s market-leading spendmanagement platform.
Its been pointed out continually by pundits, with most CPOs aware of it… The post Magnus Mondays Build in Agility and Source More appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
At Ardent Partners, we have researched procurement metrics and performance for almost 20 years (Andrew Bartolini started tracking it before he founded Ardent).
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
Winner of Awards for Innovation in Digitization and Innovations in 3rd Party Management. “This award is a testament to the talented team working hard every day to ensure transparency and continuous improvement of procurement at Fannie Mae,” said Stephanie Bahr , Vice President and ChiefProcurementOfficer at Fannie Mae.
An important aspect of our digital transformation journey is to provide our customers with an improved experience to maximize adoption and spend in support of corporate business performance targets,” said Lloyd Switzer, ChiefProcurementOfficer at TELUS. “To About Ivalua.
Well-placed to lead this charge, are ChiefProcurementOfficers (CPOs), whose teams work very closely with the supply chain. By investing in and harnessing crucial spendmanagement technology, procurement can stay well-informed and be ready to weather whatever comes its way.
Supply chain efficiency and effective strategic sourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and ChiefProcurementOfficer at Pacific Drilling. Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. This project was successfully implemented by Consus and Ivalua through the commitment and support of their executive leadership.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
And if your organization is big enough to need a ChiefProcurementOfficer , that person is directly or indirectly responsible for every stage of that journey. Each stage contributes to a more strategic approach to procurement: Spendmanagement: Despite the title, source to pay cannot really start with sourcing.
Supply chain efficiency and effective strategic sourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and ChiefProcurementOfficer at Pacific Drilling. Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function.
Procurement – How to Enable Spend Aggregation! What is the role of the ChiefProcurementOfficer? And what is the role, and difference, of the CPO as compared to the Chief Value Officer? The hallmark of the domain of the CPO role is SpendManagement and requires a profound skill set.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
The most direct avenue to addressing both aspects lies in enhancing the efficiency of procurement through dedicated source-to-pay and spendmanagement platforms.
A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spendmanagement strategy.
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 ChiefProcurementOfficer may want to change vendor. How Choosing the Right SpendManagement Solution Can Help.
How do ChiefProcurementOfficers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . There are a few key elements necessary to build this solid First, take a look at the data you already have in the organization and the backend systems.
So, what is the best way for the procurement function to leverage disruptive technologies and help enterprises secure a sustainable competitive advantage? Much has been said about the need to view procurement departments as vehicles of value creation and not just spendmanagement functions.
JAGGAER characterizes the steps in this process as SpendManagement, Category Management, Sourcing , and Contracts. Engaging key stakeholders early on, including procurement, finance, IT, and legal teams, is crucial to ensure alignment. These four steps constitute the upstream source-to-contract part of the process.
EPISODE 126 Making Procurement Research Actionable with Denis Wolowiecki By Kelly Barner | August 2, 2023 According to CAPS Research, two thirds of ChiefProcurementOfficers and Chief Supply Chain Officers – the top spendmanagement executive in a company – sit two levels below the CEO.
S2P integrates various functions and technologies to streamline operations, improve decision-making, and foster continuous improvement in procurement practices. The ChiefProcurementOfficer (CPO) should prioritize effectiveness and efficiency across Source-to-Pay in its entiret y.
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of ChiefProcurementOfficers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. A better solution to this problem is to utilise cloud based spendmanagement technology.
Solutions that connect the end-to-end supplier relationship lifecycle from e-sourcing of suppliers to contract management and spend analysis, and finally, procure-to-pay transactions daily – leverage a single source of truth to make data-driven decisions. User interface (UI) complexity.
CPO Rising’s Technology Round-Up Series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
Procurement has been regarded historically as an administrative function and a guardian of spend. ChiefProcurementOfficers have historically tended to be technocrats, not entrepreneurial or visionary business leaders. That may even in future include more ChiefProcurementOfficers.
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
Bettina was a Finance professional before founding Berlin-based spendmanagement startup Hivebuy. She goes one step further and says that Procurement and Finance definitely see each other, but don’t necessarily understand one another. In an ideal world, the ChiefProcurementOfficer should report directly to the CEO.
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
But that in no way reflects the true value that your Procurement team can, and should, provide. Procurement Responsibilities. Further more enlightened Procurement leaders are able to communicate and project the enormous value that Procurement can, does, and will provide. Run Procurement Like a Business!
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
If you are a sourcing, procurement, or spendmanagement solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you. […]
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]
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