NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

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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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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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Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Once upon a time, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on his instinct, which is simply based on years of distilled experience. Data-driven procurement can help leaders keep up pace with the much-needed agility. 96% of the leaders believe that this a long-term trend.

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Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

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Arkestro

JULY 4, 2022

A more diverse supply chain is also a more resilient supply chain. Box Uses Arkestro to Establish a Diverse and Inclusive Supply Chain: A Case Study. Box also happens to be an organization that promotes social responsibility throughout all aspects of its operations, including procurement.

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Supply Chain Visibility. Managing Supplier Relationships.

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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. Procurement has simply made do with the means at hand.

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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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ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

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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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Sourcing Solved

MARCH 31, 2022

If you visit her LinkedIn profile , you will also note that in her senior positions at global brands such as Dow Chemical, she oversaw diverse business areas, including Commercial Excellence, Customer Service & Strategic Development, Supply Chain, to name just a few. Why is this important?

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CPO Rising

APRIL 17, 2024

CPO Rising’s Technology Round-Up series continues this week with a focus on Accenture’s latest acquisitions and its growth strategy for Procurement Services.

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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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Supply Chain Game Changer

AUGUST 6, 2019

Subscribe to Supply Chain Game Changer. Hey Procurement! Procurement. 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! Could the CPO Be Replaced by the Chief Value Officer?

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ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

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ivalua

MARCH 11, 2020

They provided us with frank insights about the unique opportunities for impact within procurement, what we can do to make procurement a more inclusive profession, and – most importantly – why they LOVE procurement. . Procurement = Impact. Sylvie NOËL.

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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. With some suppliers, it’s also possible to use strategic sourcing projects to optimize total cost of ownership.

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Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

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Empowering CPO

JUNE 20, 2023

But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

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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. Email Address.

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Arkestro

OCTOBER 4, 2022

Last Spring, Arkestro, the leading Predictive Procurement Orchestration platform, held Optimal: The Leadership Summit for Predictive Procurement. 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!

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Slimstock

MARCH 26, 2019

This might seem like a simple and obvious way to improve your procurement operations, but maintaining a positive supplier-buyer relationship is a vital component in ensuring good delivery, service, and quality. Chat with one of our friendly customer service reps today to learn how we can help optimize your inventory.

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SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?

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SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. At SupplyShift, we’re excited about a future where fully transparent and sustainable supply chains are a reality for every global business. Why All the Buzz About Blockchain for Supply Chains?

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Pipefy

DECEMBER 18, 2023

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization.

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