World of Procurement blog

APRIL 23, 2024

In the complex structure of modern businesses, the role of a procurement manager is pivotal for efficient operations and cost management. Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role.

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Arkestro

MARCH 13, 2023

Resources / Case Studies / Box Establishes an Inclusive and Diverse Supply Chain Box Establishes an Inclusive and Diverse Supply Chain Box is one of the most widely used enterprise technologies around the world for secure content management, workflow, and collaboration.

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Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

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Jaggaer

MAY 7, 2019

A bank’s suppliers are, in most cases, also its customers. 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 Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry.

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Spend Matters

AUGUST 8, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the shift in CPO priorities towards supply-related risks. So, in 2022 our analysts pooled their knowledge of solution vendors that address third-party supply chain risk. Fraud prevention (i.e.,

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ivalua

APRIL 19, 2022

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. Evolution to Accommodate Growth, Navy Federal Credit Union.

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Arkestro

OCTOBER 27, 2023

.  Beurs van Berlage Amsterdam, Netherlands } Oct 11-12, 2023 Featured Download Materne Boosts Supplier Network and Cuts Costs with Carton RFP through Arkestro Download Now Some attendees included: Matt Buckingham Head of Alliances & Partnerships, Arkestro LinkedIn Edmund Zagorin Chief Strategy Officer & Founder, Arkestro LinkedIn Loren Marr (..)

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Procurement Tactics

AUGUST 25, 2022

In 2014, he took a new role to transform public procurement at the Health Promotion Board (HPB) which is a statutory board under the Ministry of Health, Singapore. . In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation.

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SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. They are expected to start taking responsibility for their suppliers’ actions, too. Right now, companies aren’t doing enough to gain visibility into their supply chains.

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SupplyShift

APRIL 13, 2021

SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. They are expected to start taking responsibility for their suppliers’ actions, too. Supply Chain Sustainability Through Procurement Practices. Sub-tier Supplier Visibility.

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ivalua

APRIL 2, 2019

The company has corporate offices in Houston, Texas, with offices in Brazil, Luxembourg and Nigeria. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. We look forward to contributing to their Procurement cost optimization initiative”.

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SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. Procurement, on the other hand, encompasses all the steps involved in acquiring goods, services, and works from external suppliers.

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NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

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Empowering CPO

JULY 5, 2023

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations. Here is where managed procurement services come into play.

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ivalua

APRIL 7, 2022

Leader Forrester Supplier Value Management Platforms, Q1 2022. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. The group covered localizing suppliers, right shoring, ESG, and managing risk. NEW Payments Solution. 750 plus employees.

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Planergy

JULY 5, 2022

ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by. Rob Biedron. 17 min read.

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Supply Chain Game Changer

OCTOBER 28, 2021

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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Zycus Cognitive Procurement

DECEMBER 16, 2022

The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Developing supply chain resiliency. Procurement 4.0 Cost Reduction.

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Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Supply Chain Visibility.

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Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Chief Procurement Officers’ priorities seem to be changing with the times in order to further implement initiatives necessary to meet broader organizational goals.

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SupplyShift

JUNE 2, 2021

These consumers can spot greenwashing from a mile away and are demanding complete transparency and data from brands to back up their ESG claims. . What’s more, 80% want to know the origin of their products, and 69% of these consumers would pay a premium for brands that readily provide this kind of transparency. . The Future of ESG .

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SPLC (Sustainable Purchasing Leadership Council)

MARCH 27, 2018

New Market Research Shows Best Tools for Rating Suppliers’ Sustainability. Washington, DC – The Sustainable Purchasing Leadership Council (SPLC) released a free market research guide that allows organizations to easily identify high-quality tools for rating the sustainability of their suppliers.

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Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. Could the CPO Be Replaced by the Chief Value Officer? The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement 101.

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Jaggaer

SEPTEMBER 11, 2020

As a data-rich activity, ripe for digital transformation, procurement is primed to generate incremental value for businesses that take its development seriously. However, our survey showed that procurement leaders had some doubts about where to go next with AI because, in reality, the use of AI and RPA in procurement is still in its infancy.

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SupplyShift

JUNE 2, 2021

These consumers can spot greenwashing from a mile away and are demanding complete transparency and data from brands to back up their ESG claims. What’s more, 80% want to know the origin of their products, and 69% of these consumers would pay a premium for brands that readily provide this kind of transparency.

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Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

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SupplyShift

JUNE 19, 2019

The next-level security, transparency, and efficiency of blockchain technology will redefine many industries and business processes, especially those dealing with transactional data. It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry.

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SupplyShift

JUNE 19, 2019

The next-level security, transparency, and efficiency of blockchain technology will redefine many industries and business processes, especially those dealing with transactional data. It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. How Blockchain Works.

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Supply Chain Game Changer

JUNE 2, 2020

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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Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. Could the CPO Be Replaced by the Chief Value Officer? The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. Procurement is strategic! The Procurement Value Chain Continuum.

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ivalua

MARCH 16, 2020

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

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ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. The deployment of Ivalua’s platform has been tightly integrated with JFC’s backend SAP ERP systems to ensure seamless flow of information and maximum automation.

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Arkestro

OCTOBER 4, 2022

If you missed the spring Optimal conference in New York or Optimal ’21 , now is your chance to attend Optimal ’22 Las Vegas , the best procurement event of the year! Together, industry thought leaders will be revealing decades of experience and knowledge in supply chain and procurement. .

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Pipefy

DECEMBER 18, 2023

In the Amazon Business report on procurement data, 98% of respondents report having plans for investments in analytics and insights tools, automation, and AI for their procurement operations in the next few years. For the first time in 10 years, procurement operating costs have gone up.

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Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Benefits of Procurement Automation. Subscribe Here!

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Zycus Cognitive Procurement

JANUARY 12, 2021

The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management. Supply chains were severely disrupted on a global scale as countries closed their borders. 3] Astute Contract Risk Management.

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Procurement Software

JULY 11, 2023

Operations and accounting are three disparate parts of organizations that are simply not equipped to efficiently share information and work together so that individual expenses are optimally managed. Procurement, in our defence, usually wants to treat the supplier fairy and pay smaller, loyal and well-performing suppliers on shorter terms.

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