This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Strategicsourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!
He or she works closely with the suppliers and other internal teams of the company to ensure that the procurement process will run smoothly. . Strategicsourcing manager. The strategicsourcing manager is responsible for high-value purchases. Procurement consultant. ChiefProcurementofficer.
Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong StrategicSourcing Operation appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year… The post Best of 2024: Magnus Mondays Why Is There No Mega Vendor in the Procurement Space?
And last year, I wrote an article about innovations in sourcing and how… The post Magnus Mondays Do We Need a Sourcing Toolbox? appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
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.
Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams… The post CPO Rising Listicle: AI in Action Procurement, Part 2 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).
appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT. AIQ provides an end-to-end service, from performing the spend… The post Guest Article: Layoffs Havent Worked. Its Time to Try Something New.
… The post Best of 2024: CPO Rising Listicle: Battle Inflation with Five Smart Strategies appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
How has technology impacted procurement and sourcing in the supply chain? Technology has revolutionized every industry and procurement is no exception. With increasing pressure to mitigate spend and streamline processes, ChiefProcurementOfficers have turned to digital sourcing and digital solutions for help.
Are you thinking of developing a new sourcing risk management plan? Wondering how to better mitigate supply chain risk when sourcing? Or just keen to explore some of the best risk management practices ChiefProcurementOfficers (CPOs) can adopt? Keep reading, that’s what we’re going to talk about in this blog.
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving ChiefProcurementOfficers (CPOs) grappling with challenges that could make or break their organizations. Solutions: StrategicSourcing: Move beyond transactional purchasing and embrace strategicsourcing.
Moving Beyond the Traditional View of Procurement Many companies still view procurement primarily as a place to limit costs. According to The Hackett Group’s 2024 CPO Agenda , cost reduction remains the top priority for ChiefProcurementOfficers (CPOs).
This time of the year there tends to be plenty of predictions flying around, so I thought… The post Magnus Mondays Four Things I Want to See in 2025 appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Procurement leaders, ChiefProcurementOfficers (CPOs), and Supply Chain Managers must proactively build resilience into their procurement processes to safeguard operations. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.
In todays article, I return to that topic and… The post Magnus Mondays Suites, Specialists, and IM&PPO appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT. About a year ago, I wrote a series of articles on the topic of suites vs. specialists (click here to read).
Making the Case in 2024 appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT. Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on last year and begin tackling 2025.
Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers. Director StrategicSourcing Digital & Functional Transformation, .
And if your organization is big enough to need a ChiefProcurementOfficer , that person is directly or indirectly responsible for every stage of that journey. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all.
Supply chain efficiency and effective strategicsourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and ChiefProcurementOfficer at Pacific Drilling.
Kearney where he spent 10 years in the consulting firm’s strategic IT and operations practice which drives client business transformation and optimization initiatives. He is a member of the advisory board for the world’s premiere global association for sourcing and procurement professionals.
If you missed yesterday’s webinar “Sprint to Sourcing Gold: Optimize Your Procurement Strategy,” I emphasized the critical importance that eSourcing technology plays in a strategicsourcing program when it comes… The post eSourcing 2.0:
Supply chain efficiency and effective strategicsourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and ChiefProcurementOfficer at Pacific Drilling.
” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for ChiefProcurementOfficers in 2025?” What are the Top 3 concerns for ChiefProcurementOfficers in 2025? What are the Top 3 concerns for ChiefProcurementOfficers in 2023?
CPO Rising Created by Andrew Bartolini, this blog focuses on procurement innovation, leadership, and emerging trends. It frequently publishes industry reports and offers strategic insights for ChiefProcurementOfficers (CPOs). It also features expert opinions and practical solutions for procurement professionals.
The Intersection of Data and Sourcing Prior to my time as an analyst, I was a strategicsourcing consultant, or more specifically, an eSourcing consultant, since I always used an eSourcing tool.
Early Tuesday morning I flew down to Amsterdam for Keelvar Konnect and on… The post Magnus Mondays — Conferences, Innovations, and Sore Feet appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
If you are a sourcing, procurement, or spend management… The post Technology Round-Up — July 31, 2024 appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Every CPO Is Facing Three BIG Questions appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT. Magnus returns with new content in August.]… … The post Magnus Mondays (Reprisal) — Category Management: All Talk No Action?
In this week’s segment covering our CPO Rising 2022 Report, we’ll look at the characteristic of “procurement agility” and its criticality to ChiefProcurementOfficers and enterprises over the last 10 years. In its State of StrategicSourcing 2013: Speed is Good, Agility […].
As ChiefProcurementOfficers (“CPOs”) and procurement practitioners move into the year ahead, they have the need and the capability for advanced technology solutions to automate and link the source-to-settle process – upstream, strategicsourcing and downstream, procure-to-pay (“P2P”).
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 – StrategicSourcing. What is StrategicSourcing? StrategicSourcing does exactly the same by addressing the total cost.
Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. Over the last few years, chiefprocurementofficers have realized […]
In my Manufacturing experience the Procurement function was essentially split between Commodity Management (or StrategicSourcing) and Tactical Buying. The Tactical Buying teams performed all of the day to day Procurement activities. The Commodity Managers were typically career Supply Chain and Procurement people.
As is true the objective of every strategicsourcing project is to reduce the total cost of ownership. In fact, in today’s competitive environment, ChiefProcurementOfficers (CPOs) have to achieve very tight targets in terms of ($) savings.
ChiefProcurementOfficers (CPOs) are daunted with the demanding task of identifying and breaking these cartels. As Chiefprocurementofficers (CPOs), you have to identify and break these cartels, especially in a reverse auction process. Competition laws often forbid private cartels.
Ian Maher is the Vice President & Head of StrategicSourcing at Global Atlantic Financial Group, but he wasn’t always. Thinking about taking a new job in procurement?
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content