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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HICX

AUGUST 13, 2023

By Costas Xyloyiannis, CEO of HICX By building better relationships with all suppliers (and not just a strategic few), brands can remain cost efficient, competitive and profitable, writes Costas Xyloyiannis With inflation slowing down sales and blocking price rises, manufacturers are feeling the pinch. Read full article

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Suppliers Chief Procurement Officer Supply Chain Efficiency Price 52

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. Director Strategic Sourcing Digital & Functional Transformation, .

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Arkestro

APRIL 2, 2024

Summary This report provides a comprehensive overview of the challenges and opportunities procurement teams are expected to face in 2024. Despite the aversion of a recession and a slowdown in inflation, Chief Procurement Officers (CPOs) still encounter a high level of economic and market uncertainty.

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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

APRIL 23, 2023

The code lays down the framework for engagement with suppliers and other stakeholders to accomplish the company’s goals for a sustainable supply chain and procurement. Thus, when a new code is distributed throughout the supply chain, it must be in accordance with your policy. What is a procurement policy?

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Sustainability Suppliers Chief Procurement Officer Supply Chain Efficiency 177

Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digital ecosystems procurement teams are so eagerly trying to build. AI + Data = Supply Chain Risk Management.

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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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Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

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.

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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. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices.

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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. This, in light of recent global issues and advancements, is the perfect time for professionals to normalize sustainable procurement practices. Procurement & Supplier Collaboration.

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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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Empowering CPO

JULY 5, 2023

Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services. Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services.

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Zycus Cognitive Procurement

DECEMBER 16, 2022

Syed Shahrul Zaman , Head of Group Strategic Procurement. 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. Procurement 4.0

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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. They also manage the organization’s supply base to ensure coordination and efficiency.

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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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Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

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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ivalua

APRIL 7, 2022

Next on stage, we welcomed Booking.com with a thought-provoking, transparent, powerful, and honest account of how to run a successful and ongoing Source-to-Pay transformation. . They discussed new strategies and best practices to maximize and sustain supply chain agility and resilience in our last breakout session of the day!

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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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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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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. The post The Dirty Little Secrets in Procurement!

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Procurement Software

NOVEMBER 21, 2022

In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. billion in 2021 to USD 8.0

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Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Top-performing procurement teams often have strong category expertise and have well-segmented supplier bases in order to power procurement agility.

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Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

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. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

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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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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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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. Subscribe Here!

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

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. The Procurement Value Chain Continuum. Subscribe Here! Email Address.

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

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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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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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. Supply Chain Transparency.

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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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Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

Zycus Cognitive Procurement

JANUARY 12, 2021

Supply chains were severely disrupted on a global scale as countries closed their borders. Contracting was also impacted as employees could no longer come to the office and conduct paperwork. Contract management plays an essential role in maintaining an effective and competitive supply chain.

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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. In an ideal world, the Chief Procurement Officer should report directly to the CEO.

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Supply Chain Game Changer

NOVEMBER 13, 2018

But to do so, they must also reshape their supplier relationships, aligning their supply chain with a more progressive strategy and securing a competitive advantage. Procurement professionals need to get savvy. Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

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SPLC (Sustainable Purchasing Leadership Council)

MARCH 27, 2018

Each of the rating tools included in the guide were screened against forty criteria that SPLC’s members determined were important for the credible use of supplier sustainability ratings within procurement and supply chain contexts. Transparency International. Responsible Business Alliance (formerly EICC). Salesforce.com*.

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Claritum

JULY 5, 2018

Whether you are focused on controlled growth or cost efficiencies, the ability to measure what is occurring in real time is essential to making decisions. The supply chain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities.

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