Procurement Tactics

JANUARY 13, 2023

Procurement success in 2023 with our Strategy Course. Procurement Conference — 10 Best Procurement Conferences. Attending a procurement conference allows you to meet like-minded professionals and industry peers in procurement. However, what are the reasons why procurement professionals attend a conference?

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Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

World of Procurement blog

APRIL 24, 2024

In the intricate tapestry of the procurement process, early engagement is not merely a step but a fundamental strategy that can significantly shape the outcome. The role of procurement has evolved from transactional to strategic, signaling a transformative shift in its impact on business success.

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Procurement Strategic sourcing Strategic sourcing Risk management 52

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. We look forward to accelerating our procurement digitalization journey with Ivalua”.

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Contract Suppliers Supply Chain Efficiency Sourcing 130

World of Procurement blog

APRIL 23, 2024

Introduction In an age where digital transformation decides who leads and who lags, Artificial Intelligence (AI) stands as the vanguard in redefining procurement. As we stand on the brink of 2024, this is not just a possibility; it's fast becoming the norm in procurement. What is Procurement AI?

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Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Introduction In an age where digital transformation decides who leads and who lags, Artificial Intelligence (AI) stands as the vanguard in redefining procurement. As we stand on the brink of 2024, this is not just a possibility; it's fast becoming the norm in procurement. What is Procurement AI?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Spend Matters

JANUARY 23, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Now, precise data and systems are driving the procurement industry’s social responsibility transformation.

Procurement solutions 85

Procurement solutions Procurement Procurement strategies Suppliers 85

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

Procurement Insights

JANUARY 22, 2024

MUSING #1 In the age of information, it’s surprising that supply chain digital transformation isn’t as readily available as one would expect. Procurement Insights (2008) NOTE: While the above example deals with an Indirect Procurement Material situation, the same methodology is equally applicable to Direct Materials.

Supply Chain Optimization 73

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 73

Spend Matters

JANUARY 17, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. New forms of outside-in intelligence that complements engineering, procurement and supply chain operational data.

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Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 78

Spend Matters

JANUARY 3, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. The most significant AI use cases will be those that are focused within specific verticals or functional areas, such as procurement.

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Procurement solutions Procurement Procurement team Budget 93

World of Procurement blog

APRIL 24, 2024

In the ever-evolving landscape of procurement, the ability to gather insightful information, understand market capabilities, and forge synergistic relationships with suppliers is paramount. This is where the Request for Information (RFI) emerges as a pivotal instrument for procurement professionals. What Is an RFI?

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Procurement Procurement strategies Bidding Innovation 52

World of Procurement blog

APRIL 24, 2024

Welcome, esteemed colleagues and burgeoning professionals, to another elucidative exploration in the world of procurement. Today, we voyage through the intricate web of procurement business processes. Delve into this rich tapestry with us, as we unravel the complexities and illuminate the path to procurement excellence.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 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% In the midst of this volatility and uncertainty, digital transformation is key to success.

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supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. However, because of the trend toward digital transformation, organizations have had to invest substantially in new technologies. This was due in large part to the way they were designed.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Procurement Insights

SEPTEMBER 25, 2023

Besides the timeliness of the topic – Artificial Intelligence (AI), the panel of MIT’s Director of Digital Supply Chain Transformation, Maria Saenz, Spend Matters’ Jason Busch, and The Hackett Group’s Chris Sawchuk are not only recognized names but highly regarded and trusted sources of information and insight.

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Leadership Procurement Demand Supply chain 77

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

Spend Matters

DECEMBER 14, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Historically, the challenge has always been how to convert the right data into actionable insights at the point of use.

Procurement solutions 73

Procurement solutions Procurement Procurement team Data 73

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Spend Matters

JANUARY 19, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Utilizing AI means that procurement will soon position itself as a strategic force.

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Procurement solutions Procurement Sourcing Innovation 96

ivalua

MARCH 5, 2023

Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris.

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Innovation Spend management Collaboration Supply Chain Optimization 130

Procurement Heads

OCTOBER 31, 2022

His colleague, Jack Birch , Senior Manager – Interim Recruitment, shares his update on David’s insight and looks at: Why interims are still in demand IR35 – the repeal of the repeal and its impact Where we are currently seeing demand for interim procurement and supply chain professionals Current interim procurement professional day rates.

Demand 246

Demand Supply chain Supply chain resilience Procurement 246

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors.

Supply Chain Efficiency 85

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 85

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.,

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

DECEMBER 26, 2022

33 Procurement Interview Questions in 2023. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Combining procurement models.

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Procurement strategies Strategy Procurement Bidding 267

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” Beyond dance moves, they offer bite-sized insights for success, promising to elevate you above inefficiencies. Join the TikTok transformation for a riveting supply chain revolution! That was fun, right?

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

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Procurement strategies Sustainability Strategy e2e 240

Positive Purchasing

MARCH 25, 2024

Procurement MBA Students Prepare for Expert Insights in Supplier Relationships and Innovation On 2 April, our CEO Jonathan O’Brien, will be delivering an online guest lecture on ‘Supplier Relationships and Innovation’ to Procurement MBA students at the Metropolia University of Applied Sciences.

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Innovation Purchasing Procurement Suppliers 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic.

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Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Arkestro

APRIL 9, 2024

Resources / Blog / Pioneering Procurement: How Arkestro’s Patents Are Reshaping the Industry Pioneering Procurement: How Arkestro’s Patents Are Reshaping the Industry In the dynamic realm of procurement, leveraging cutting-edge technology and innovative methodologies isn’t just advantageous—it’s essential.

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Procurement Negotiation Innovation Procurement strategies 52

Spend Matters

DECEMBER 27, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. With the advancement in AI, predictive analytics will become more accurate and insightful.

Procurement solutions 63

Procurement solutions Procurement Negotiation Procurement strategies 63

Spend Matters

JANUARY 26, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. for being a part of the series, and look out for more insights for the year ahead over the coming days.

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Procurement solutions Chief Procurement Officer Procurement Contract 86

Procurement Heads

MAY 16, 2023

How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. These two different sides of your brain that need to work to be good at procurement are what I really enjoy. Procurement has been on a fantastic journey.

Ethics 130

Ethics Sustainability supply chain software solutions Procurement 130