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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

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Which conference is the best when it comes to supply chain and procurement practice: DPW, ISM Annual Conference, Procurement Leaders, SIG, and Supply Chain Canada National Conference?

Procurement Insights

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. Its emphasis on actionable strategies (e.g.,

professionals

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance.

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What Are The Key Use Cases for AI in Supplier Management?

HICX

These may include processes related to: Supplier evaluation Supplier onboarding Performance tracking, Supplier risk management Contract analysis By automating repetitive tasks and analyzing large datasets, AI improves efficiency, reduces errors, and enhances decision-making. What is the use of AI in supply chain management?

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MCIPS vs SCMDOJO Procurement Track

SCMDOJO

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Discover how SCMDOJO has helped businesses and individuals like yours achieve cost savings, increased efficiency, and improved supply chains.

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Procurement analytics: your key to cost savings

TYA Suite

Procurement analytics platforms enable access for multiple users across departments, encouraging collaboration between procurement, finance, supply chain, and operations teams. Identify supply chain vulnerabilities, such as overdependence on a single supplier or high-risk geographies.

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Intake & Orchestration in Procurement – Cutting Through the Jargon

Jaggaer

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. On the demand side, there is pressure to do more with less.