Key Trends Shaping The Future Of Procurement
Procurement Freelancers
DECEMBER 14, 2023
In an era where businesses have to adapt or perish, understanding key trends shaping the…
key-trends-shaping-the-future-of-procurement 
Procurement on the Thames: Ivalua’s London Summer Symposium
ivalua
JUNE 26, 2023
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
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The Pivotal Role of Early Procurement Involvement: A Sage’s Guide
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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The Future of Managed Procurement Services: Trends to Watch Out For
Empowering CPO
JULY 2, 2023
Introduction In an increasingly interconnected and competitive business landscape, the role of procurement has transformed from a supporting function to a strategic powerhouse. Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost.
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When Procurement Bear Fruit
Procurement Templates
MARCH 6, 2024
Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! So, here’s a breakdown of procurement personalities in the office if they were different fruits for you and your colleagues to debate what fits who! When procurement bear fruit who are you within the fruit basket?
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New Year Insights for the procurement solutions and services marketplace 2024: Supplier.io
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.
New Year Insights for the procurement solutions and services marketplace 2024: SpendHQ
Spend Matters
JANUARY 9, 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. And let’s hear from Scott Macfee, CEO of SpendHQ.
New Year Insights for the procurement solutions and services marketplace 2024: EcoVadis
Spend Matters
DECEMBER 13, 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.
Global Concrete Product Suppliers – Industry Outlook, Facts and Figures, Trends, Pricing, and Reviews
Procurement Tactics
JULY 20, 2023
The industry is facing a number of challenges but it is also seeing a number of trends that are driving growth. Overall, the future of the concrete product industry looks promising as the growing trends outweigh its challenges. The industry’s expected compound annual growth rate (CAGR) is 7.6% billion tons by 2027.
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Supply Chain Forecasting — Everything You Should Know
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.
New Year Insights for the procurement solutions and services marketplace 2024: ORO Labs
Spend Matters
JANUARY 18, 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 Year Insights for the procurement solutions and services marketplace 2024: Coupa
Spend Matters
DECEMBER 11, 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. Increasingly, businesses will move from simply reporting data to leveraging data to make smarter decisions (e.g.
New Year Insights for the procurement solutions and services marketplace 2024: Certa
Spend Matters
DECEMBER 19, 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. AI will power better compliance AI is going to step even more into the spotlight for procurement in 2024.
Strategic Sourcing Essential Techniques for Sustainable Success
Empowering CPO
FEBRUARY 11, 2024
Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. Consulting firms like ours leverage cutting-edge tools and analytics to gain deep insights into market trends, supplier performance, and cost structures.
New Year Insights for the procurement solutions and services marketplace 2024: IntegrityNext
Spend Matters
JANUARY 22, 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. Collaboration isn’t just a lofty ideal; it’s grounded in actionable steps.
New Year Insights for the procurement solutions and services marketplace 2024: GEP
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. Our series runs from mid-December to mid-January, then our senior analysts will wrap up with their own take on the key themes that emerge.
CPO Spotlight: Sebastien Bals
Procurement Heads
FEBRUARY 16, 2023
For Procurement Heads ‘ latest CPO Spotlight, Sebastien spoke with Rupert Gaster about his career, how CPOs can influence an organisation’s sustainability agenda and what key achievements he’s most proud of. How did it feel to be recognised once again in the CIPS Power List?
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What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries. In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries.
6 Reasons to Choose a Career in Procurement
Una
JUNE 1, 2023
6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. Look no further than procurement! Procurement professionals play a vital role in shaping the success of organizations.
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Procurement 101: Your Essential Guide to Strategic Sourcing
World of Procurement blog
MAY 8, 2024
What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.
Top 10 Supply Chain YouTube Channels to Subscribe
SCMDOJO
NOVEMBER 8, 2022
YouTube is a fantastic platform offering a unique feel to social media exploration and learning the latest trends in Supply Chain from professionals. 3) CIPS – Chartered Institute of Procurement and Supply | 16.3k 3) CIPS – Chartered Institute of Procurement and Supply | 16.3k Top 10 Supply Chain YouTube Channels.
Onventis makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists
Spend Matters
OCTOBER 24, 2023
Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Together, they manage an annual procurement volume exceeding $16 billion, engaging with more than 350,000 suppliers.”
The difference between traditional AI and GenAI in S2P
Spend Matters
JANUARY 23, 2024
The distinction between traditional or mundane AI and GenAI remains blurry in the procurement industry as GenAI takes on a life of its own. It’s also worth remembering that some elements of GenAI have seen use in procurement and supply chain applications for years. It basically multiplies efficiency through higher process automation.
Top 10 US Wholesale Jewelry Suppliers
Procurement Tactics
JUNE 26, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% and the profit margin falls to 3.1% by revenue in 2023.
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393: Get 100% Visibility Over Your Final Mile, with OneRail
Let's Talk Supply Chain
FEBRUARY 26, 2024
Today Peter Cyr, Senior Vice President of Logistics Optimization and Procurement at OneRail, joins me to talk all about the final mile. 11.10] What the final mile looks like now, what customers are demanding from retailers, and how those demands are shaping operational strategies.
THE BIG INTERVIEW WITH LAURA DANIEL
Procurement Heads
SEPTEMBER 12, 2023
For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me.
The Intersection of Technology and Managed Procurement Services
Empowering CPO
JULY 5, 2023
Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.
Procurement Metrics: Key Performance Indicators for Success
Empowering CPO
JUNE 9, 2023
The Importance of Procurement in Business Procurement is the lifeblood of any business. But procurement is more than just buying; it’s about making informed and strategic decisions that can significantly impact a company’s bottom line, efficiency, and competitive advantage. Understanding Procurement Metrics A.
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Top 10 TikTokers to Take Off your Supply Chain
SCMDOJO
AUGUST 21, 2023
In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Read More: Marketing Tips for Supply Chain Companies ] Why TikTokers Hold the Key to Supply Chain Enhancement? That was fun, right? Discover the Top 10 TikTokers reshaping how you view supply chains.
6 Tips for Students to Develop a Career in the Supply Chain
SCMDOJO
MARCH 25, 2024
Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Plus, the knack for sifting through heaps of data, spotting trends, and developing solutions that keep things running sets the best apart.
The Future of Spend Analysis: Trends to Watch Out For
Empowering CPO
JUNE 26, 2023
Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. In this blog, we will delve into the exciting future of spend analysis and discuss the key trends that forward-thinking organizations should watch out for.
2022 Ivalua NOW Paris Recap!
ivalua
APRIL 7, 2022
Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Chief Product Officer, Pascal Bensoussan , shared the best way forward for 2022 with the most innovative trends that are shaping the future. Ivalua NOW Paris Day 1 + 2 Recap . David Khuat-Duy.
6 Reasons to Choose a Career in Procurement
Una
JUNE 1, 2023
6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. Look no further than procurement! Procurement professionals play a vital role in shaping the success of organizations.
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The Big Interview with Orbis Partnership
Procurement Heads
JUNE 6, 2023
Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. I have been in procurement way too long, I stopped counting after 25 years!
The Contract Management Playbook: Strategies and Secrets for Total Control
World of Procurement blog
MAY 8, 2024
The types of contracts that typically require robust management include: Procurement contracts - Agreements with suppliers and vendors for goods, services, and materials. The key stages of the contract management lifecycle include: Drafting - This involves creating an initial draft of the contract terms and conditions.
Spend Analysis Techniques for Effective Procurement
Empowering CPO
JUNE 21, 2023
In the world of procurement, it’s the compass that guides decision-makers, pointing the way to smart, strategic purchases and partnerships. Enter EmpoweringCPO, a company dedicated to offering services that elevate procurement processes to a new level of efficiency and effectiveness.
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Revolutionizing Procurement: Innovative Strategies in Managed Procurement Services
Empowering CPO
JULY 3, 2023
Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.
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Spend Analysis 101: A Comprehensive Guide for Procurement
Empowering CPO
JUNE 16, 2023
Introduction Welcome to a journey that will transform your understanding of procurement. Spend Analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance. What is Spend Analysis?
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The Comprehensive Guide to Managed Procurement Services
Empowering CPO
JUNE 30, 2023
Introduction Welcome to our comprehensive guide to managed procurement services. As a procurement services company, EmpoweringCPO is delighted to provide you with insights and information that will help you understand, evaluate, and leverage these services for your business. So, what exactly are managed procurement services?
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Digital Transformation in Procurement: Leveraging Technology for Efficiency
Empowering CPO
MAY 5, 2023
Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.
Supply Chain Digitisation - Sarah Barnes-Humphrey from Let's Talk Supply Chain
The Procuretech Podcast
APRIL 29, 2020
Sarah from Let's Talk Supply Chain and Shipz joined me for a great chat about how digital trends are shaping the wider supply chain industry, and how procurement fits neatly into that. 6:00 Is Supply Chain ahead of the curve with digitalisation versus Procurement? What types of innovations could be key?
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The Role of Spend Analysis in Strategic Sourcing: A Complete Guide
Empowering CPO
JUNE 22, 2023
Spend analysis, a cornerstone of procurement and supply chain management, is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. But how do we fuel the engine of strategic sourcing?
ESG in the Public and Private Market: Putting the Supply Chain in Focus
SupplyShift
JUNE 2, 2021
The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental, Social, and Governance (ESG) is no longer just a trend – it’s the new business imperative. The History of ESG and Corporate Finance .
How to Implement a Strategic Sourcing Process
Una
OCTOBER 9, 2023
DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. Strategic sourcing has become a pivotal approach to procurement, offering a pathway to significant cost savings , enhanced supplier relationships, and optimized sourcing practices.
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