Arkestro

DECEMBER 12, 2022

During the pandemic, healthcare needed to treat people with COVID-19, and the pharmaceutical industry had to increase the production and distribution of medical supplies and vaccines. What Are the Biggest Procurement Challenges in Health and Pharma? Here are some challenges in health and pharma procurement—and how to overcome them.

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Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. More often than not, the raw data can be inaccurate or misleading.

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Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

Skill Dynamics

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Supply Chain Optimization 52

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

ivalua

JANUARY 31, 2022

The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Digital Transformation is the Top CPO Priority.

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

Una

OCTOBER 17, 2023

Chatbots in Procurement: Now and the Future Explore how chatbots in procurement have begun to reshape the industry and the exciting possibilities that come along with this technology. You’ve probably interacted with several chatbots as an online customer, but have you ever used a procurement chatbot to make your job easier?

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Supply Chain Game Changer

JULY 14, 2021

This, they say, includes value delivery through supplier- enabled innovation (SEI); sustainability through environmental, social and governance (ESG) goals; as well as agility through digitalisation — all of which will enable the business to deliver on its growth agenda” (Procurement Leaders 2021). The Yin and Yang.

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

OCTOBER 28, 2021

According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. And, only 15% had visibility into tier 2 or beyond.

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Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. The concept itself is relatively easy to grasp.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. Step 1 – Get Your Tier 1 Suppliers On Board.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

ivalua

OCTOBER 18, 2022

In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Procurement Software

MARCH 5, 2024

The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. These group purchasing organizations often have contracts with a wide range of suppliers, and they offer their member businesses access to these contracts at discounted rates.

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supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. This in turn frees up your team members to concentrate on activities that drive more value.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. It enables: Building stronger relationships with your key suppliers.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52