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. 4] These platforms streamline reporting, reduce risk, and free teams to focus on value creation.

Strategy 52

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

Procurement Insights

JANUARY 3, 2025

Analytics and insights from procurement data were minimal. 20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

World of Procurement blog

MAY 8, 2024

The aim is to select the supplier that represents the best value and fit for the specific procurement need. Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 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. More on that here.

Procurement 130

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

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Insights

MAY 10, 2025

MODEL 2 Jon Hansen’s Procurement Insights Practitioner Service Offering , which includes his Proprietary Historic Industry Archives , is recognized for delivering substantial Return on Investment (ROI) , particularly for mid-market and enterprise procurement teams.

Procurement 52

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

Supply Chain Game Changer

APRIL 15, 2020

Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. One of the best ways to support supply chain resilience is to ensure that you’re preemptive.

Procurement 111

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 111

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

Procurement Insights

OCTOBER 8, 2024

As the procurement landscape continues to evolve, Chief Procurement Officers (CPOs) in 2025 will face a wide range of challenges and concerns shaped by technological advancements, geopolitical shifts, sustainability demands, and more. While globalization and technology were on the horizon, they were not yet major concerns.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 9, 2023

KPIs in procurement are a set of quantifiable measurements that demonstrate how effectively an organization is achieving its operational and strategic goals in procurement. They act as a navigational tool, guiding the procurement team towards the achievement of their strategic objectives.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What to Do About It Consult with your legal team if there’s any doubt about an action the company or a representative may take. To avoid shortages, conduct supply chain risk assessments regularly.

supply chain software solutions 52

supply chain software solutions Risk supply chain budgeting Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 27, 2023

Digital tools enable real-time insights and scenario modeling, enabling procurement teams to make data-driven decisions swiftly. Procurement teams had limited access to comprehensive data sets, hindering their ability to make strategic decisions.

Real-time Visibility 40

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