Jaggaer

MARCH 24, 2025

Impact on Procurement: Gen AI leverages vast datasets to generate actionable insights, helping procurement teams predict future trends, such as market shifts, supplier performance, and demand fluctuations. How JAGGAER Helps JAGGAERs ESG solutions help procurement teams integrate sustainability into their sourcing strategies.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Procurement Insights

MAY 3, 2025

Longevity Evidence: Explicitly launched in June 2006, making it one of the oldest active procurement blogs. Relevance: Provides actionable insights for procurement teams adopting digital tools, managing suppliers, and addressing cost pressures, with a focus on emerging technologies like AI-driven analytics.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Procurement Insights

APRIL 14, 2025

Adaptive and Efficient Procurement Practices Hansen’s model enables organizations to simulate various procurement scenarios with unprecedented detail, fostering optimization in decision-making and resource allocation. Influence on the Procurement Industry 1. Challenges and Ethical Considerations 1.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

Spend Matters

MARCH 6, 2025

It combines AI-powered features with user-friendly design to deliver actionable insights, streamline workflows and foster collaboration through a responsible and ethical use of data. Promote efficiency: AI-driven automation reduces the time spent on manual tasks, allowing procurement teams to focus on strategic initiatives.

Supply Chain Efficiency 76

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 76

Jaggaer

NOVEMBER 14, 2024

It empowers procurement teams to make data-driven decisions that go beyond standard commercial metrics. This ensures a continuous flow of products and revenue while impressing customers with ethical and transparent sourcing practices.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Insights

MAY 23, 2025

suppliers, procurement teams) to optimize MRO procurement. Human-AI Collaboration : Prioritized human oversight for ethical/strategic decisions, balancing automation with governance. Strengths : Agent-based adaptability, ethical oversight, proven ROI in complex ecosystems. autonomous tariff mitigation).

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Ethics 52

Procurement Insights

JANUARY 3, 2025

Digital Transformation Begins : Increasing adoption of procurement technologies, such as e-sourcing platforms , spend analytics , and contract lifecycle management tools , enhanced procurement’s ability to provide data-driven insights. Procurements ability to leverage data insights improved decision-making in IT investments.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Arkestro

MAY 2, 2025

Predictive Procurementautomates the purchasing process so the OEM procurement team can focus on the strategic relationships with automotive suppliers. Predictive Procurement provides supplier rankings for slow response time, ethical practices, and cost to offer up alternative suppliers to engage with.

Suppliers 52

Suppliers Raw materials Procurement Ethics 52

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By combining spend visibility with insights from AI, procurement teams are better equipped to implement category-specific cost savings initiatives.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Article, and permission to publish here, provided by Sam Jenks at [link].

Procurement team 56

Procurement team Procurement Sustainability Suppliers 56

Procurement Templates

NOVEMBER 26, 2023

Navigating Ethical Considerations One of the discussions around AI is that ethical considerations loom large. Safeguarding against biases in algorithmic decision-making and ensuring data privacy are vital in this new era of procurement integrity. Transparency is more important than ever.

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

Barkers Procurement

MAY 7, 2025

By quickly being able to see which products have a low carbon footprint or which suppliers care about human rights, retailers can secure more ethically-made goods for shoppers. Relying on technology to assist with compliance in this way can truly free up procurement teams to build value in other areas.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Chief Procurement Officer Supply chain Supply chain resilience 52

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

TYA Suite

MAY 13, 2025

The need is recognized and communicated to the procurement team to start the process. The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy. This allows procurement teams to collaborate more effectively with suppliers, identify patterns, and forecast future needs.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Procurement Templates

APRIL 15, 2024

Communicate Vision: Share the vision and objectives with the procurement team and stakeholders to gain buy-in and alignment. Stage 4: Process Improvement Days 31-40 Streamline Processes: Implement improvements to streamline procurement processes, reduce inefficiencies, and enhance compliance.

Procurement team 130

Procurement team Contract management Innovation Contract 130

Procurement Heads

FEBRUARY 22, 2023

The Procurement and Vendor Management function is responsible for the entire sourcing lifecycle from source to pay within Zurich. I am part of the central group team and lead on our sustainable sourcing sustainable procurement programme, which aims to embed sustainability in our supply chain.

Sustainability 246

Sustainability Influencing Suppliers Supply chain 246

Procurement Heads

JULY 6, 2022

And lastly, there is the travel team, which looks after travel and sits under procurement and that team is split between Newcastle and London. We are doing well and we have an aspiration to be the leading procurement team in the legal industry so that is something that we keep at the heart of any agenda.

Networking 241

Networking Supplier relationship management Procurement Risk 241

Procurement Insights

APRIL 12, 2025

Joule frees procurement teams for strategic roles (e.g., Human Replacement: Icertis views AI as collaborative, automating 80% of contract drafting but requiring humans for final approvals and ethics (e.g., It explicitly states that AI enhances, not replaces, procurement roles. Human Replacement?: cosmetics $0.07/unit

Real-time Visibility 52

Real-time Visibility Ethics Contract Suppliers 52

ivalua

SEPTEMBER 13, 2021

Social and ethical priorities are close behind but still lag. Those looking to accelerate their CSR initiatives should learn from the leaders and empower procurement teams and suppliers with the technology needed to support effective decision-making and scalable collaboration”, said David Khuat-Duy, Founder & CEO of Ivalua.

Collaboration 130

Collaboration Sustainability Ethics Supply chain 130

Value Match

MARCH 2, 2023

Here’s how Procurement teams and stakeholders can ensure sustainable practices are established in their supply chains mitigating the risk of violence and exploitation. Work with ethical suppliers: Procurement professionals should work with suppliers who have a proven track record of ethical and sustainable production practices.

Ethics 52

Ethics Sustainability Supply chain Suppliers 52

Procurement Heads

MAY 16, 2023

We are using blockchain as part of our ethics solution which looks at the provenance of major commodities and checking that there are no ethical issues (e.g. What do you think are the current procurement trends or hot topics and what emerging roles do you think we might see as a result? modern slavery) or any hidden concerns.

Ethics 130

Ethics supply chain software solutions Sustainability Procurement 130

Procurement Heads

MAY 16, 2023

We are using blockchain as part of our ethics solution which looks at the provenance of major commodities and checking that there are no ethical issues (e.g. What do you think are the current procurement trends or hot topics and what emerging roles do you think we might see as a result? modern slavery) or any hidden concerns.

Ethics 130

Ethics supply chain software solutions Sustainability Procurement 130

Jaggaer

APRIL 22, 2019

Procurement teams are in a unique and important position to drive such initiatives forward as these improvements are only possible through actions taken in the supply chain. And there’s a payoff: procurement teams are most concerned with cost savings and risk management, both of which can be addressed by sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Procurement Leaders

DECEMBER 9, 2022

Here, we talk to Luigi Ganazzoli, vice president of purchasing, about some of those challenges and what he and his team are doing to mitigate them. PL: Could you share a little bit of insight about your procurement team structure, strengths and challenges?

Risk 130

Risk Suppliers Risk management Buyers 130

ivalua

OCTOBER 24, 2022

Our research found intense and growing pressure on procurement teams with the potential for even darker clouds on the horizon,” Alex Saric, CMO at Ivalua says. The result: Many Procurement teams are bending and cracking under the pressure. So, how are procurement teams preparing for or responding to this recession? .

Procurement 100

Procurement Agile and Lean Supply Chain supply chain budgeting Procurement team 100

Supply Chain Game Changer

MAY 26, 2020

But even more than that Procurement has the ability to connect the organization with suppliers who provide unique capabilities and technologies that can differentiate the company from its competitors. This starts with professionalism, integrity, and ethical behaviour. Procurement is also responsible to suppliers.

Procurement 105

Procurement Purchase orders Supply Chain Optimization Ethics 105

Jaggaer

FEBRUARY 5, 2025

Organizations can ensure ethical sourcing while reducing compliance risks. Furthermore, it provides real-time visibility and control, enabling procurement teams to monitor performance, identify bottlenecks, and make informed decisions. Suppliers, in turn, benefit from improved demand forecasting and operational predictability.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

MARCH 14, 2025

These training programs will focus on key aspects of the act, such as the new procurement processes, stakeholder engagement requirements, and ethical standards. Encouraging early engagement by policy with commercial teams – this is key to delivering innovation and getting the most from the market.

Procurement 73

Procurement Bidding Competitive bidding Contract 73

Jaggaer

MAY 16, 2025

TKE was shortlisted in the JAGGAER Procurement Transformation Award category which specifically acknowledges significant advancement in a procurement function, whether it be the improvement of an underperforming team or taking an already high-performing unit to the next level.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Efficiency supply chain budgeting 52

Procurement Templates

MARCH 3, 2024

Procurement can leverage market intelligence to make informed decisions, mitigate risks, and drive strategic value within the organization. Procurement teams can analyze market trends, supplier capabilities, financial stability, and reputation to evaluate potential suppliers and select the most suitable ones.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Supply Chain Game Changer

NOVEMBER 26, 2018

If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. Supplier compliance and governance is a result of quality due diligence on the part of a sourcing and procurement team. Business Ethics. Environment. Emergencies and Fire Prevention.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Jaggaer

MARCH 20, 2025

Since many public institutions operate under performance-based funding models, changes in enrollment, graduation rates, or workforce outcomes could directly impact their budgets, forcing procurement teams to find cost savings and reassess long-term vendor contracts.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Procurement Insights

APRIL 23, 2025

Zip, ORO Labs) may have less experienced teams, focusing on user experience or orchestration without fully grasping complex challenges like data heterogeneity (noted by Sievo) or compliance (emphasized by Focal Point). Fear-based selling is simpler but less effective long-term, as CIPS ethical guidelines warn.

Procurement 52

Procurement Market knowledge Buyers Ethics 52

Procurement Tactics

JUNE 7, 2023

A sustainable procurement strategy involves making your suppliers compliant with your sustainability standards. Thus, it will enable you to only engage with suppliers that adhere to ethical and fair labor practices. Typically, the process begins by identifying the requirements of your company.

Procurement strategies 171

Procurement strategies Sustainability Strategy Procurement 171

Procurement Insights

FEBRUARY 18, 2025

Supplier compliance tracking for ethical sourcing and material certifications remains largely manual. Resistance to Change & Supplier Adoption Barriers Why It’s a Challenge: Many small & mid-sized suppliers lack the technical capability to integrate with automated procurement systems.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Una

MAY 3, 2023

Josh is a Senior Sourcing Manager at Ro and according to his LinkedIn profile he “refuses to be overlooked due to his work ethic and achievements.” Josh connected with The Sourcing Hero team in a very unique way… he is a regular listener and had the creative idea to ask ChatGPT what a Sourcing Hero is.

Strategic sourcing 89

Strategic sourcing Strategic sourcing Ethics Negotiation 89