ivalua

FEBRUARY 24, 2021

In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021. “To

Agile and Lean Supply Chain 162

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

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. Procurement Technology Trends .

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. “5 Procurement Best Practices to Improve Strategic Sourcing.”

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Procurement Insights

MAY 10, 2025

His Proprietary Historic Industry Archives include decades of case studies, articles, and insights, such as the Nokia-Ericsson supply chain risk study or his work with the Department of National Defence (DND) on indirect materials procurement. Benefit: Improved sourcing could yield 510% cost savings on annual spend.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

APRIL 18, 2025

This underscores the need for different procurement strategies, risk management, and technology solutions for indirect MRO spend versus direct materials 3 5. For computer parts, procurement strategies must account for rapid swings and external shocks, making timing and market intelligence critical.

Price 75

Price Demand Supply chain Real-time Visibility 75

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. to meet the unique needs of each category.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Empowering CPO

MAY 8, 2023

Definition of Procurement Risk Procurement risk refers to the potential threats and uncertainties associated with the acquisition of goods and services that may adversely impact an organization’s objectives, such as cost-efficiency, quality, delivery timelines, and compliance. Steps in Procurement Risk Management Process A.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

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. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.

supply chain software solutions 52

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

Planergy

MARCH 12, 2025

With changing customer expectations, rising costs, and global factors creating pockets of instability, its crucial to ensure your business has a solid supply chain strategy that allows you to effectively source, manufacture, and deliver products. Download PDF Whats your goal today?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Arkestro

JANUARY 9, 2024

According to a recent study, 65% of procurement professionals say that meeting Environmental, Social, and Governance (ESG) goals is at least a moderate priority, and 56% say they are likely to increase investments in ESG over the next six months. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

TYA Suite

MAY 23, 2025

Stronger risk management and supply chain resilience Effective collaboration provides greater visibility into potential risks, such as raw material shortages or market disruptions. This may involve sharing best practices for reducing waste, sourcing materials responsibly, and improving energy efficiency.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Procurement Tactics

JANUARY 13, 2023

The Gartner Supply Chain Symposium Xpo 2022 which was conducted in June of 2022 in Orlando, Florida, provided its attendees with new insights, strategies, and a framework to make bold moves and drive real impact in procurement. . Supply chain operations. Sourcing and procurement. Collaboration.

Procurement 159

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

Value Match

FEBRUARY 23, 2023

Drive your suppliers to adopt sustainable practices: Procurement teams must work with suppliers to help them with the adoption of sustainable practices that reduce greenhouse gas emissions and mitigate climate change. This could include setting targets for reducing carbon emissions and encouraging the use of renewable energy sources.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Bidding 52

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 27, 2023

Key elements of digital transformation in procurement include: Digital Tools and Technologies: Embracing technologies such as cloud computing, artificial intelligence (AI), robotic process automation (RPA), and data analytics to automate manual tasks, streamline workflows, and drive data-driven decision-making.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JUNE 14, 2023

But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40