Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Review Existing Processes: Analyze current procurement processes, systems, and documentation to identify strengths, weaknesses, and areas for improvement.

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Procurement Templates

JUNE 18, 2023

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. As the CEO of Apple Inc.,

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Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. What are Procurement Analytics? How to Use Data in Procurement? What Should You Measure?

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World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. What are Procurement Analytics? How to Use Data in Procurement? What Should You Measure?

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World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation.

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World of Procurement blog

APRIL 23, 2024

Procurement plays a crucial role in the operational efficiency and sustainability of a business. From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation.

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Una

MARCH 30, 2023

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. Cost is, and should always be, a foundational part of procurement’s raison d’être.

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Art of Procurement

DECEMBER 14, 2023

The Racketeer Influenced and Corrupt Organizations Act, better known as RICO, is usually associated with organized crime. The post Reading FedEx Ground the RICO Act appeared first on Art of Procurement. In 1992, it.

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Procurement Templates

SEPTEMBER 14, 2023

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation.

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Procurement Insights

DECEMBER 1, 2023

Calling all procurement and supply chain professionals: YOUR VOICE MATTERS! For the next issue of our magazine , which will be out by the first half of December, we drafted some questions for Jon Hansen , Strategic Advisor from Procurement Insights. The talent gap has been recurrently discussed in the Italian procurement realm.

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Arkestro

FEBRUARY 20, 2024

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% How does Predictive Procurement Orchestration Work? An industry productivity gap of 7.4%

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Procurement Heads

FEBRUARY 23, 2023

APSCo’s data also reveals that while vacancy levels fluctuated throughout 2022 as economic uncertainty influenced business confidence – yearly comparisons show that new roles fell by just over 16% between January 2022 and January 2023. You may also like… When should I engage a procurement recruitment agency?

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Pipefy

JANUARY 30, 2024

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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Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

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Spend Matters

AUGUST 16, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. It’s an exciting, yet challenging, time for procurement teams.

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Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

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Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

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Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Skill Dynamics

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

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Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

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Procurement strategies Innovation Strategy Procurement 91

Procurement Insights

DECEMBER 30, 2023

EDITOR’S NOTE: Who are the Next Gen (Procurement) Rebels? Check out the article Procurement’s Most Wanted List: Who Are The Next Gen Rebels? The best way to predict or anticipate the future of procurement is to talk to those professionals who want to influence the future versus being a spectator of it.

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Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing.

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Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Unfortunately, implementing changes in procurement can be a bit like that. No matter the situation, it can be hard.

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Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations.

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Empowering CPO

JULY 17, 2023

Introduction The pivotal role of procurement in businesses cannot be overstated. From sourcing raw materials to securing high-quality services, procurement directly influences a company’s efficiency, productivity, and financial performance.

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Procurement Supply Chain Optimization Supply Chain Efficiency Strategic sourcing 52

Empowering CPO

MAY 6, 2023

The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. This enables procurement teams to focus on strategic activities that contribute to the company’s growth and success.

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Procurement Software

OCTOBER 17, 2023

Procurement spend data is often unstructured, difficult to interpret and unreliable as a source of truth. Poor data quality is one of the biggest challenges that procurement leaders face when embarking on a digital transformation or procurement excellence journey. Procurement’s dirty spend data: why, and what to do?

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Data Procurement supply chain budgeting supply chain software solutions 59

Empowering CPO

JUNE 30, 2023

At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. As the name suggests, Managed Procurement Services involves the strategic outsourcing of procurement processes to expert providers.

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

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Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. Done Right, Going Digital Enables Procurement to Be Strategic to the Business.

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Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Procurement Heads

DECEMBER 15, 2022

For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement?

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Procurement Heads

JANUARY 25, 2023

For Procurement Heads ‘ latest instalment of our CPO Spotlight series, she spoke with Rupert Gaster about her career and procurement’s role in sustainability. I envisioned a huge opportunity as a practitioner in the supply chain and procurement arena to make a difference and help the organisation to achieve those goals.

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Empowering CPO

JULY 5, 2023

Introduction In the globalized and rapidly evolving business landscape of the 21st century, the strategic importance of procurement cannot be overstated. However, procurement can also be complex, time-consuming, and fraught with challenges. However, procurement can also be complex, time-consuming, and fraught with challenges.

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Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

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Una

AUGUST 21, 2023

The Human Factor in Strategic Sourcing How to allow for the human factor in strategic sourcing to drive the success of procurement process optimization and cost efficiency efforts. It’s a reminder that even the most carefully laid plans must allow for the human element, or risk derailment.

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Strategic sourcing Strategic sourcing Sourcing Ethics 52

Spend Matters

JULY 24, 2023

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download. in the 2021 study to 10.9%.”

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Procurement Software

MAY 23, 2023

Procurement excellence is a hot topic these days. If Procurement is to deliver more with less, it’s essential that we get the most out of the resources we do have. Profit from the Source: BCG’s 10 Step Plan to deliver Procurement Excellence It starts off by introducing Tim Cook of Apple as being something of an anomaly.

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