Arkestro

DECEMBER 5, 2024

How Predictive Procurement Has Become a Game Changer for High-Tech Manufacturing To stay competitive, high-tech manufacturers are increasingly adopting Predictive Procurement technology to gain greater agility, cost savings, and enhanced supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

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.

Agile and Lean Supply Chain 162

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

Procurement Insights

FEBRUARY 27, 2025

I have noted that many LinkedIn posts regularly mention the belief that the C-Suite continues to see procurement primarily, if not solely, as a cost-savings function. This broader agenda suggests that while cost savings remain important, procurement’s role has expanded to include value creation and strategic partnership.”

Agile and Lean Supply Chain 52

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

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. How can sustainability be inserted within this framework?

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

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

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

Procurement Tactics

JUNE 7, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Empowering CPO

MAY 8, 2023

By gaining a comprehensive understanding of their supply chain, organizations can proactively address risks and implement strategies to enhance supply chain resilience. As a result, the company significantly reduced supply chain disruptions and improved its overall supply chain resilience.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Planergy

MAY 8, 2025

7] Advanced Analytics Drove Smarter Procurement Decisions Data is now a core part of every procurement strategy. In 2025, more than 50% of procurement leaders rely on advanced analytics to guide key decisionsfrom budgeting and sourcing to contract negotiation and supplier performance monitoring.[3]

Strategy 52

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

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 130

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

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. If a CPO saves 100 hours annually (at $150/hour), thats $15,000 in labor cost savings.

Procurement 52

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

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

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 Efficiency Supply chain resilience 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.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

HICX

OCTOBER 21, 2022

The theme of this year’s event was ‘Challenging the status quo,’ with the aim of amplifying the voices of those that are ‘pushing the boundaries on innovation, ESG and supply chain resiliency’ as they ‘deliver fresh insights, challenge conclusions, and provide action plans and recommendations.’.

Suppliers 52

Suppliers Management Supply chain resilience Procurement strategies 52

Procurement Insights

DECEMBER 1, 2023

For the next issue of our magazine , which will be out by the first half of December, we drafted some questions for Jon Hansen , Strategic Advisor from Procurement Insights. What do supply chain resilience and adaptability really mean?

Procurement 60

Procurement Supply chain resilience Supply chain Sustainability 60

Arkestro

JANUARY 9, 2024

Manufacturing procurement leaders can further amplify the value of data analytics by weaving in the power of AI, which helps to enhance reports for both internal and external data. Procurement professionals can use these analytics to increase visibility, drive better decision-making, and optimize procurement strategies.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Jaggaer

APRIL 9, 2025

Key Challenges in Manufacturing Supply Chains and Solutions The world is currently going through an era of unprecedented challenges in supply chain management. This will have the further benefit of making manufacturing supply chain management a more attractive career choice.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JANUARY 13, 2023

The World Procurement Congress 2022 which happened in London from June 22 to 15, 2022, focused on inspiring procurement leaders in pushing the boundaries when it comes to ESG, innovation, and supply chain resiliency. . The future of procurement. What is a procurement conference? Collaboration.

Procurement 159

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

Planergy

MARCH 12, 2025

Lets look at a comparison of business benefits: Cost Efficiency: Savings on shipping and reduced supply chain risk can help offset the higher labor expenses associated with reshoring. Supply Chain Resilience: Reshoring eliminates global transport uncertainties and provides complete control over production.

Agile and Lean Supply Chain 52

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

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

World of Procurement blog

MAY 8, 2024

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. The key elements of procurement strategy include: Aligning with Corporate Strategy Procurement strategy starts with understanding the overall corporate strategy and business objectives.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 9, 2023

They act as a navigational tool, guiding the procurement team towards the achievement of their strategic objectives. Understanding and implementing the right procurement metrics and KPIs can be the difference between a successful procurement strategy and one that falls short of its potential.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 27, 2023

Digital tools enable real-time insights and scenario modeling, enabling procurement teams to make data-driven decisions swiftly. By embracing digital tools and technologies for efficient spend analysis, organizations can unlock significant value, optimize procurement strategies, and drive sustainable growth in today’s digital age.

Real-time Visibility 40

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

Empowering CPO

JUNE 14, 2023

Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 30, 2023

In the current business scenario, where market dynamics are constantly changing, and supply chain resilience is being tested, managed procurement services have gained significant relevance.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

With AI’s lightning-speed evolution, supply chain attacks are expected to become even more sophisticated and harder to detect, putting procurement and logistics professionals on high alert. Understanding and mitigating these risks are essential to maintaining the integrity and resilience of supply chains.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply chain Procurement 52