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As a former farmer with some 10 years’ experience, Nestlé CPO Patricia Stroup is all too aware of the threats that can impact Nestlé. “I grew up on a farm and I had a farm for 10 years as my first job out of college. My after-school job during high school was milking cows,” she says. “Geopolitical crises, supply chain disruption, inflation – all of those, of course, are a problem.
Can, and under what circumstances, procurement can be considered a profit centre? Is it, actually, our job to make money for the company? The post Procurement as a profit center first appeared on ABC of Procurement.
Do fish know they are wet? Every creature on earth has a natural habitat. Procurement’s habitat is digital. And yet, The post [Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson appeared first on Art of Procurement.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
One of the hardest challenges of any negotiation is winning the negotiation with yourself. You’re familiar with your inner dialogue, right? You’ll ask yourself things like: Can I do that? Will he do that? Is this good enough? You’re always negotiating with yourself, whether you’re conscious of it or not. But if you can win […].
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Categories: Analytics , Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform. Founded in 2019, Tropic is an up-and-coming solution vendor that sets itself apart by offering an all-in-one software sourcing and spend optimization platform.
On this episode, Hannah Kain, CEO of the supply chain management firm ALOM, discusses why her organization is investing in sustainability and diversity. Bob Trebilcock hosts.
One of things I frequently get asked is why we don’t have software reviews as part of our Software Finder section. There are a few valid reasons. This short post explains why we don’t ask for, or publish, user reviews of the different procurement software we feature on the site. Reviews of procurement software solutions are pointless. It would be easy to dismiss this, simply by saying that people are irrational or emotionally charged.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
The continued success of your company might be significantly influenced by a capable buying agent.… The post Reasons To Engage A Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.
Barkers carried out a thorough audit of the procurement department and identified multiple areas for improvement validating ECFRS’ view that a major change was required in the way in which the procurement team operated. This required commercial and procurement advisory from Barkers to implement the transition from a tactical procurement function to a more strategic Category Management structure.
Dr. Ella Washington, founder and chief executive officer of Ellavate Solutions and a professor of practice at Georgetown University’s McDonough School of Business, discusses the state of diversity, equity and inclusion (DEI) in the workplace today.
Don’t we all love the buying experience on Amazon and other eCommerce websites which is instantaneous, offers lot of choices, and almost zero friction. However, buying even basic items at our workplace is usually frustrating. . You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
The " Value-based Procurement" online course is now live on Udemy. "Value-based Procurement": Your well-deserved procurement seat at the executive table. Procurement value became the second-popular buzzword in procurement after "agile." Interestingly, the agile methodology also describes incremental value delivery. We suggest starting from this course before jumping onto the agile bandwagon.
Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2022 articles as we reflect on the year and prepare for the new year ahead. Our series covering the The CPO Rising 2022: The Data Revolution (aka The State of Procurement in 2022) report continues this week as we examine the […].
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