article thumbnail

Analyst eye on how purchasing must really become supply management

Spend Matters

Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. For this, you really need supply management.

article thumbnail

Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Digital Transformation is the Top CPO Priority. More on that here.

professionals

Sign Up for our Newsletter

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

article thumbnail

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com. Women have made tremendous strides in the Supply Chain Management profession. Time was, Supply Chain Management was seen as an outgrowth of a blue collar profession. What’s more?

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

article thumbnail

Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”