Arkestro
MARCH 27, 2024
After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?
SCMDOJO
JULY 18, 2023
It constitutes a significant proportion of an organization’s or nation’s annual budget or expenditure. In fact, approximately 60-70% of expenditure flows through the procurement process, encompassing a wide range of items such as goods, works, and services, including both consulting and non-consulting services.
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SCMDOJO
FEBRUARY 13, 2023
To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. They create procurement guidelines to guide Procurement activities and ensure alignment with organizational objectives.
ivalua
MARCH 5, 2020
Then, as often happens these days, the questions took us back onto sustainable Procurement or “Procurement with purpose”. That includes quite a range of issues now, ranging from climate change and de-forestation to modern slavery or supporting diversity in our supply chains.
Empowering CPO
JUNE 22, 2023
This empowers them to make data-driven decisions that not only enhance efficiency and reduce costs but also foster a diverse and inclusive supplier base. We believe in empowering companies to contribute to a more diverse and equitable business landscape, one procurement decision at a time.
Supply Chain Game Changer
NOVEMBER 22, 2018
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? As we have all seen in the last few years, school districts across the United States are not making budget and there have been a lot of cuts. What are We Seeing Firsthand?
Procurement Software
MARCH 11, 2022
Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Contract lifecycle management.
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