Remove Influencing Remove Project management Remove Risk management Remove supply chain software solutions
article thumbnail

7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

article thumbnail

What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

They spend much of their time analyzing inventory levels, assessing current and anticipated needs, and identifying potential gaps in the supply chain. Procurement management isn’t associated with one specific degree, but many majors could prepare someone for the industry, such as business, economics, supply management, or finance.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generative AI use cases for the enterprise

IBM Supply Chain Blog

Code generation : Software developers and programmers use generative AI to write code. This includes technical documentation, user manuals and other relevant materials that accompany software development. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Data 127
article thumbnail

The Discovery of Procurement Value

The Good Spending

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. Procurement must work closely with the supply chain to optimize depreciation exposure to sell or dispose of slow-moving or obsolete inventories. Moderation.

article thumbnail

BCG’s 10 Step Plan for Procurement Excellence

Procurement Software

Very few CEOs come from Procurement or Supply Chain. Supply Chain should become one of the top agenda items on board level meetings. It’s too late to influence cost when design and product specifications have already been frozen. The CEO must therefore take personal ownership of this change.