Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Your focus here is to get security of service at a good price. Finally, in the bottom left we have basic suppliers, or your tail spend.

Strategic sourcing

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. For the third piece of tech, a contract management system, the Legal Department was a strong ally. It has been a home run.

Influencing

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency

Future Purchasing

FEBRUARY 25, 2025

Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supply chains, and an increasing demand for sustainability and transparency. Limited tech adoption Procurement technology adoption in the public sector is slow.

Innovation

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives.

Supply Chain Efficiency

Procurement Insights

APRIL 14, 2025

Efficiency Gains : Reduction of procurement staff from 23 to 3 full-time equivalents within 18 months. This approach has encouraged procurement professionals to focus on solving underlying problems through comprehensive analysis and stakeholder engagement, leading to more sustainable and effective procurement solutions.

Supply Chain Efficiency

Supply Chain Game Changer

JULY 5, 2025

How CRM Can Help Supply Chain Companies! If you are in the manufacturing industry, managing your supply chain is crucial for success. In this blog post, we will discuss why having a CRM system in place is necessary for successful supply chain management within the manufacturing sector.

Supply Chain Efficiency

Spend Matters

JUNE 2, 2025

However, procurement plays a critical role in reflecting cost-saving initiatives, supplier contracts and spend management efforts in financial statements and budget planning. Track spend under management to determine how much organizational spend is strategically controlled.

Sustainability

Future Purchasing

MARCH 17, 2025

While leadership teams search for ways to increase resource efficiencies and effectiveness, many organisations lack the structured approach to review their processes and identify areas for improvement. Maturity assessments have a bad name. We are hardwired to compare ourselves to others. And turning them into practical actions is even harder.

Category management

Jaggaer

MAY 21, 2025

Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency.

Supply Chain Efficiency

Let's Talk Supply Chain

MAY 19, 2025

Today Im joined by ProcurementIQ , a company whose talented team of analysts, editors, sales, client services, management and support members work hard to serve the specific needs of procurement departments every single day. Guest bios: Anthony Samaniego, Customer Relationship Manager.

Purchasing

Future Purchasing

JULY 30, 2025

He is also UK Country Manager and Board Director of Kongsberg Maritime Ltd. Rob has 26 years of Procurement and Supply Chain experience and prior to joining KONGSBERG in 2019, he worked for Rolls-Royce Plc, in the Marine, Civil Aerospace and Defence Aerospace Businesses. I’ve worked in supply chain for over 26 years.

Category management

Procurement Insights

MAY 21, 2025

Difficulty Engaging Stakeholders Human-AI Collaboration: Procurement teams override AI decisions for ethical or strategic exceptions (e.g., Transparent Ecosystem Coordination: Agents provide stakeholders (suppliers, finance, C-suite) with a unified view of procurement metrics, enabling collaborative problem-solving.

supply chain budgeting

Procurement Insights

APRIL 9, 2025

Impact : Eliminates miscommunication and delays, improving stakeholder satisfaction and implementation success. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations.

Supply Chain Efficiency

Procurement Insights

JUNE 14, 2025

Dynamic Role-Shifting: The model enables dynamic handoffs: AI agents process and flag issues at scale, but humans intervene for context-rich or ambiguous scenarios, ensuring both efficiency and relevance. balancing procurement, finance, and supplier objectives), reflecting the real-world complexity of modern supply chains.

Supply Chain Optimization

Procurement Insights

JUNE 12, 2025

Dangerous Supply Chain Myths (Part 7) Are you chasing solutions or solving problems? 4C Associates: Known for supply chain and procurement consulting, 4C focuses on digital transformation and analytics. Their supply chain expertise (e.g., Their supply chain expertise (e.g.,

Sourcing

Procurement Insights

APRIL 7, 2025

This model ensures that procurement operations are efficient, compliant, and aligned with organizational objectives by managing workflows from the initial request (intake) through to the execution and fulfillment of procurement tasks (orchestration). Intake & Orchestration : Improves tactical efficiency (e.g.,

Real-time Visibility

Supply Chain Game Changer

JULY 20, 2025

After working with Learning Management Systems (LMS) for some time, one develops an appreciation for the reporting features they provide. These Learning Management System tools are software applications that automate training delivery and centralize an organization’s learning and development function.

Management

Procurement Tactics

SEPTEMBER 14, 2022

Sustainable logistics , also known as green logistics, refers to the processes and practices aimed at improving the sustainability of supply chain activities. These activities range from the supply of raw materials to the distribution and the management of the lifecycle of products. . Stakeholders engagement.

Sustainability

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management

Procurement Templates

SEPTEMBER 14, 2023

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. Instead of treating suppliers as mere transactional partners, organizations should engage them as strategic allies in the quest for sustainability.

Sustainability

Procurement Templates

MARCH 3, 2024

This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently. Stakeholder Engagement : It’s important to involve relevant stakeholders in the assessment process to ensure that their needs and preferences are considered.

Strategic sourcing

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management

Supply Chain Trend

OCTOBER 14, 2016

Coach to Change : The coaching goal in this phase is to increase acceptance and display of value creating S&OP behaviours like process and meetings disciplines, sharing functional plans, open communication, transparent data usage, public KPI sharing and cross functional cooperation. A Net Promoter Score and the future of S&OP.

supply chain budgeting

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. When implemented with clear objectives, the procurement strategy will provide a roadmap for procurement managers to follow.

Procurement strategies

The Good Spending

AUGUST 23, 2022

It is agreeable that demand management is the sign of ultimate procurement professionalism. Value creation as the result of stakeholder engagement The authors of Stakeholder Salience model built their work around the process of value creation. If you managed to fully or partially waive it, then it's cost avoidance.

Procurement

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Purchasing is more transactional and tactical.

Strategic sourcing

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement

Procurement Heads

APRIL 5, 2023

So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency

TYA Suite

JULY 17, 2024

Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. With digital tools and automation, businesses can enhance procurement efficiency, streamline processes, and leverage data for informed decision-making. to meet the unique needs of each category.

Procurement strategies

The Procuretech Podcast

OCTOBER 10, 2023

In the first section, he discusses fundamental challenges and opportunities in procurement, highlighting the change management process during digital transformations as a significant hurdle. He stresses the importance of involving stakeholders, as well as the need to improve internal marketing and communication efforts.

Stakeholder engagement

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement

TYA Suite

NOVEMBER 25, 2024

This approach involves analyzing the entire supply chain to ensure that products are sourced, produced, and disposed of in ways that are ethical and eco-friendly. By prioritizing energy-efficient products and sustainable materials, organizations can reduce their operational expenses over time.

Sustainability

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. Introduction A. Understanding the Healthcare Landscape A. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting

IBM Supply Chain Blog

NOVEMBER 30, 2023

Beyond simply filling open roles, a comprehensive talent acquisition strategy encompasses a holistic approach to talent management , from identifying organizational needs to nurturing relationships with potential candidates. Communicate with transparency. This helps create a smoother and more efficient experience.

Strategy

Claritum

JUNE 13, 2019

To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain. For example, is your focus on strategic long-term supply relationships to support your manufactured product? Risk Management.

Procurement