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?

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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?

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Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. So, let’s dive in and learn how to reduce procurement costs. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

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Raw materials supply chain software solutions supply chain budgeting Price 209

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency.

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Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Let's Talk Supply Chain

FEBRUARY 19, 2024

 Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. Today John Delligatti, Director of Digital Supply Chain Transformation at SDI, joins me to talk all about SDI’s purpose-built ZEUS technology.

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supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

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supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

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? The result?

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supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 81

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Artificial intelligence in procurement During the first quarter of 2024, the Spend Matters team followed the theme of ‘ Artificial Intelligence in Procurement.

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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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Supply Chain Game Changer

AUGUST 11, 2021

Subscribe to Supply Chain Game Changer. Cyber Security and the Digital Supply Chain! Technology has mainly driven the growth of supply chain operations throughout the years. Supply chain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.

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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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Pipefy

OCTOBER 25, 2023

Procurement has a direct impact on a company’s financial health. From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges.

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Arkestro

MAY 18, 2023

About the Webinar: As a procurement professional, your organization is likely sitting on a mountain of untapped data. There has always been a clear disconnect between the value in supply chain data and the ability of procurement teams to extract it.

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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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SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

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Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

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Let's Talk Supply Chain

JULY 27, 2022

With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. A term that once only resonated with industry insiders is everywhere.

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Agile and Lean Supply Chain supply chain software solutions Supply chain Real-time Visibility 115

Arkestro

JANUARY 18, 2023

Predictive procurement is the key to securing raw materials at the right price and time. We explore how predictive procurement in chemical manufacturing will be strategic as we move into 2023. The Deloitte report points out that supply chain will need to consider different strategies to meet the changes coming.

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Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Procurement Software

MAY 9, 2023

There are so many procurement podcasts out there. The amount of procurement related content has mushroomed since the pandemic, and the flourishing podcast scene is a great example of this. In the end, we picked out our top 37 procurement podcasts. It’s hosted by Art of Procurement team members.

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Procurement supply chain software solutions Supply chain Sourcing 52

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations.

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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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EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

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Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

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

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

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ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. I do hope it’s the latter and guess what, I believe Procurement is a key player in this. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind.

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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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Arkestro

OCTOBER 16, 2022

Arkestro, the leading predictive procurement orchestration platform, has caught the eye of the Spend Matters analyst team as an up-and-coming player they think their practitioner readers and members should get to know. . Arkestro was also chosen in Spend Matters’ 50 Procurement Providers to Watch for 2021. .

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Procurement supply chain software solutions Bidding Sourcing 52

Planergy

DECEMBER 29, 2022

Marketing Procurement: Challenges and Best Practices. Best Practices & Tips Category Management Procurement. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Marketing Procurement vs. Standard Procurement. Download Free Copy.

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Arkestro

OCTOBER 5, 2023

Oil and Gas Simplify, Optimize, Automate: Arkestro’s Approach to Oil and Gas Get in touch Our solutions Fueling the Future: Arkestro’s Predictive Procurement Drills Down on Efficiency in the Oil & Gas Industry Predictive Procurement Orchestration is ready to revolutionize the oil and gas industry! Let’s talk.

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Influencing 52

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

The Procuretech Podcast

JUNE 13, 2023

Tom is Head of Procurement at Bibby Financial Services and runs his own Substack newsletter called Procurement Bites. Personal Branding in Digital Procurement – Tom Mills He's built a great personal brand online and has over 30,000 followers on LinkedIn. How procurement can be done badly. The personal brand is important.

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The Procuretech Podcast

OCTOBER 16, 2022

We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world. Kelly Barner, founder of Buyers Meeting Point and partner at Art of Procurement, a very warm welcome to the show! It seems like a natural transition.

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Buyers supply chain software solutions Category management Influencing 40

Planergy

JULY 5, 2022

ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by. Rob Biedron. 17 min read.

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Arkestro

MAY 16, 2022

Predictive procurement is a must-have in chemical manufacturing. Using a huge range of raw materials for production, companies in this industry supply chemicals to virtually every sector. And this is why predictive procurement is a must-have. How Complex is Procurement in Chemical Manufacturing? .

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Raw materials Procurement Real-time Visibility supply chain software solutions 52

Arkestro

SEPTEMBER 6, 2022

The world—and the workplace—is evolving rapidly, and with changes comes shake-ups within procurement and beyond. We’ll explain those risks—specifically those most closely related to procurement and the supply chain—and offer you insightful, expert advice on how you and your team can best navigate the Great Resignation. .

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