Starbucks names new chief procurement officer
Supply Chain Dive
MARCH 22, 2024
Heather Ostis will focus on improving supplier performance and building network resiliency, among other goals.
5 Reasons to Automate Invoice Processing
ProcurePort
AUGUST 31, 2021
With the increasing adoption of technology in procurement, many Chief Procurement Officers (CPOs), accounts payable teams, and suppliers are turning to electronic invoicing as a viable solution to the issue of invoicing in a digital era. What are the associated benefits of automated invoice processing?
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The power orchestration play: Supplier management
Spend Matters
APRIL 30, 2025
Because they are embracing orchestration capabilities to coordinate supplier facing processes across business units and functions and adding value within those orchestrated workflows. Value generation : Beyond savings, orchestrated procurement focuses on innovation, supplier enablement and enterprise agility.
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What is Supplier Information Management?
ProcurePort
MARCH 9, 2021
What impact does accurate and readily available supplier information have on an organization? The wrong supplier and inaccurate vendor information can be extremely inconveniencing, leading to colossal losses of both time and money. The post What is Supplier Information Management? It can make or break an enterprise.
Supplier Management Model: Avoid Supply Chain Disruptions
ProcurePort
AUGUST 17, 2021
Are you looking for a resilient supplier management model that will allow you to reduce supply chain disruptions? Chief Procurement Officers and their teams have been on edge now for over a year, operating as best as they can give the present circumstances, but it hasn’t been easy. You’re not alone.
Best of 2024: Magnus Mondays — The Two Levels of Supplier Management Tech
CPO Rising
DECEMBER 30, 2024
Supplier management is one of the most critical aspects of procurement. But as is the case with a lot of areas within procurement, its complex.
CPOs must separate the signal from the noise to help manage disruption
Procurement Leaders
MARCH 10, 2025
This in itself is probably not too unusual your average chief procurement officer will have a fairly lofty frequent flyer status given the miles he or she travels. First, it means aligning the procurement and supply strategy with that of the wider organisation more so than ever.
5 Types of Supplier Management Tools That Make Life Easier
ProcurePort
FEBRUARY 4, 2021
The procurement landscape has changed a lot since the onset of the coronavirus pandemic. Chief Procurement Officers (CPOs) have had to adapt quickly to disruptions in local, regional, and international supply chains. Top of the list has been […].
Supplier Code of Conduct — Embracing Sustainability
Procurement Tactics
APRIL 23, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it?
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Ardent Partners Announces The 2025 Supplier Management Technology Advisor
CPO Rising
APRIL 16, 2025
Today Im happy to announce the official launch of our Supplier Management Tech Advisor report for 2025!
Vendor Management Remains Core to Enterprise Innovation
CPO Rising
NOVEMBER 1, 2024
In today’s world where globalization and innovation are critical to competitive survival, chief procurement officers rely on supplier specialization more than ever.
The Biggest Problems with Supplier Diversity Programs and How to Fix Them
Supply Chain Brain
JANUARY 4, 2023
Chief procurement officers have allocated time, resources and money to supplier diversity initiatives but they’re still insipid. Here’s a better way to grow your diverse supplier pool — and your ROI. .
Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success
SCMDOJO
JANUARY 9, 2025
Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Click here!
If AI can help practitioners improve procurement performance, why can’t they use AI to select the right ProcureTech partner?
Procurement Insights
MARCH 31, 2025
Utilizing an agent-based model, RAM leveraged self-learning advanced algorithms within a nascent AI framework architecture to enable the Department of National Defence to select the right supplier 97.3% of the time. Hansen in 1998.
World Sustainable Procurement Day — The Ultimate Guide
Procurement Tactics
SEPTEMBER 12, 2022
The event aimed to empower and equip procurement professionals with best practices approach, knowledge, and practical solutions in facing sustainability Challenges. . What is Sustainable Procurement? Their aim is to collectively spend £1 billion with social enterprises through their procurement. Supplier Diversity Programs.
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Strengthening procurement – Transforming through people and skills
Spend Matters
APRIL 15, 2025
This role focuses on reducing supply chain risks through improved relationships, audits, and comprehensive evaluations of supplier performance at all levels of the chain. By fostering collaboration with suppliers, procurement teams and other stakeholders, category managers are key to promoting and embedding transformation initiatives.
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Efficient Purchase Order Management Software
ProcurePort
AUGUST 24, 2021
The question of efficiency is one that every procurement team is seeking answers for. In fact, improving operational efficiency is the number one Chief Procurement Officer (CPO) priority for 2021 according to Deloitte’s 2021 Global Chief Procurement Officer Survey.
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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy
ivalua
MARCH 16, 2020
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. The goal was to increase efficiency across the Group’s Business Areas.
Spend Matters Future 5 2024 – Introducing Halo Ai
Spend Matters
NOVEMBER 7, 2024
Subsequently, I moved to the Bay Area to serve as the Chief Procurement Officer at a rapidly growing tech startup that had just gone public. Halo Ai is further positioned to extend its feature-set relating to the current Supplier Portal and Secure Document Repository.”
The Future of Procurement for Pharma Operations
ProcurePort
NOVEMBER 16, 2021
The future of procurement for pharma operations is a much talked about subject because of the prevailing coronavirus pandemic. Disruptions in global pharma operations, supply chain shocks, and subsequent supplier management problems demonstrated the need to rethink pharma procurement. They […].
CPO Rising Listicle: AI in Action — Procurement, Part 3
CPO Rising
MARCH 7, 2025
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 3 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
CPO Summit to Benefit Senior Procurement Executives and Suppliers
Supply Chain Brain
MARCH 23, 2023
The Chief Procurement Officer Summit, which promises to provide a unique opportunity for extensive informal networking among industry peers, is set to take place on 18 May - 20 May 2023 at the Las Colinas Resort in Dallas, TX.
Procurement Achievements Over a Quarter Century
CPO Rising
JANUARY 31, 2025
When business historians reflect on the first quarter-century of the new millennium, the broad-based transformation that occurred within the average enterprises procurement department will be on the list of top… The post Procurement Achievements Over a Quarter Century appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & (..)
The Four Critical Points of Stakeholder (Agent) ESG Alignment
Procurement Insights
DECEMBER 3, 2024
STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? When should you introduce technology into your ESG strategy process – before or after addressing questions 1 and 2?
CPO Rising Listicle: AI in Action — Procurement, Part 2
CPO Rising
FEBRUARY 21, 2025
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 CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Enhancing Manufacturing Value Through Procurement
Jaggaer
NOVEMBER 14, 2024
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 Chief Procurement Officers (CPOs).
TealBook: Vendor Analysis — Supplier data management solution overview, roadmap, competitors, tech selection tips, analyst insights
Spend Matters
MARCH 27, 2023
Categories: Procurement Systems & Architecture , Supplier Information Management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of TealBook and its solution for supplier data management. As a company grows, it requires more suppliers to function. Read more. )
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Procurement Strategy’s Role in Guarding Against Supply Chain Disruptions
SCMDOJO
FEBRUARY 21, 2025
Procurement leaders, Chief Procurement Officers (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. Loss of revenue due to stock shortages.
Strategic Procurement: 4 Tactics for Economic Recovery in 2021
ivalua
NOVEMBER 25, 2020
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.
Technology Round-Up — April 9, 2025
CPO Rising
APRIL 9, 2025
If you are a sourcing, procurement, or spend… The post Technology Round-Up April 9, 2025 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Procurement Heads awarded Kaleida Gold Seal
Procurement Heads
MARCH 27, 2023
. “For a while, we have been thinking of ways to recognise the achievements of corporate buyer partners whose strategic social value programmes attain ‘Fully-inclusive Supplier Diversity’ status. In 2023 Kaleida will publish £600b in both public and private sector tenders for suppliers and diverse suppliers to apply to.
Procurement as a Career — 7 Reasons Why You Should Choose Procurement
Procurement Tactics
JANUARY 13, 2023
If you like to start your journey in procurement, you must first know what procurement means. For many professionals, procurement means the process of identifying, shortlisting, selecting, and buying the necessary goods or services from a supplier. . Procurement manager. Chief Procurement officer.
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CPO Spotlight: Kendall Smith
Procurement Heads
OCTOBER 12, 2022
I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. Clearly, improving the way we manage our suppliers is at the forefront of that. Tell us about your role.
CPO Rising Listicle: Best-in-Class AP Operations Benefit the CFO in Six Ways
CPO Rising
NOVEMBER 8, 2024
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: Best-in-Class AP Operations Benefit the CFO in Six Ways appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
The Supplier Management Secret Recipe
Supply Chain Game Changer
AUGUST 5, 2021
What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Building a secret recipe for smooth supplier management requires a foundation, which you can build upon, experiment with, and eventually make your very own. Subscribe Here!
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Why retailers can’t navigate the next disruption without visibility
Barkers Procurement
MAY 7, 2025
Well-placed to lead this charge, are Chief Procurement Officers (CPOs), whose teams work very closely with the supply chain. They must truly believe that the key to this agenda is supplier data. Having the competitive advantage The first way supplier data benefits retailers is by making them competitive.
Navigating the Top 3 Procurement Challenges in 2025
Jaggaer
FEBRUARY 28, 2025
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. This can free up procurement professionals to focus on higher-value activities.
Magnus Mondays — The Supplier Management Tech Series — Part 2: Supplier Information Management
CPO Rising
SEPTEMBER 3, 2024
Last week we started a series of articles on supplier management. In that article, we covered some of the functionality that’s needed across all the components of supplier management.
Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management
CPO Rising
SEPTEMBER 16, 2024
Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e.,
Magnus Mondays — The Supplier Management Tech Series — Part 4: Supplier Risk Management
CPO Rising
SEPTEMBER 23, 2024
In our series on supplier management, we have now come to supplier risk.
Magnus Mondays — The Supplier Management Tech Series — Part 5: Supplier Innovation and Development
CPO Rising
OCTOBER 7, 2024
Today, we are wrapping up our series on supplier management technology with an article on Supplier Innovation and Development (SI&D).
Looking back, looking forward
Procurement Leaders
DECEMBER 22, 2024
As CPO and leader of procurement strategy, you deserve a break because the past 12 months have been challenging to say the least. In fact, its a good job that your average chief procurement officer is naturally drawn to complex problems because there was a rich vein of them through 2024. Second, local first.
The digital front door for procurement leaders in the age of AI
Spend Matters
MARCH 6, 2025
In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.
CPO Crunch: A brave new world calls for brave new strategies
Procurement Leaders
SEPTEMBER 9, 2024
There’s no doubt that chief procurement officers are being asked to contribute to board-level discussions more frequently. It’s been halcyon days for procurement, as the low-hanging fruit of low-cost-country sourcing and the pursuit of single- or dual-source strategies have delivered huge financial returns to the bottom line.
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