Sustainable Procurement: What it is and its Importance
SCMDOJO
AUGUST 22, 2023
Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.
Procurement on the Thames: Ivalua’s London Summer Symposium
ivalua
JUNE 26, 2023
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Join 110,000+
professionals
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Webinars
Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Procurement and Sustainability: A Harmonious Partnership for a Greener Future
Procurement Templates
SEPTEMBER 14, 2023
In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. The Green Imperative Sustainability is no longer an option; it is an imperative.
Sustainability 
130
130 
Driving Supply Chain Resilience with Rolls Royce and Ivalua
ivalua
JULY 7, 2021
If you missed our webinar that highlighted the story of Rolls-Royce ’s success overcoming the supply chain challenges during COVID-19, you can still access the full recording and learn more about how they worked to create more resilience and efficiency by modernizing and digitizing their supply chain using Ivalua tools. .
A Balancing Act: Drive Sustainability while Managing Cost and Risk
ivalua
APRIL 27, 2023
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic.
Sustainability 130
130 
Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike
ivalua
FEBRUARY 10, 2023
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.
Price 264
264 
Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future
ivalua
JUNE 15, 2022
The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Körber at a Glance…. 2B EUR Revenue in 2021.
5 Questions All Procurement Professionals Must Answer To Succeed In 2024
Procurement Insights
DECEMBER 1, 2023
Calling all procurement and supply chain professionals: YOUR VOICE MATTERS! 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 51
51 
4 Ways Modern Software will Empower Digital Procurement
ivalua
MAY 6, 2021
The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.
Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement
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.
10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021
ivalua
FEBRUARY 24, 2021
What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.
CTA
ivalua
APRIL 27, 2023
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Tanya Roach, FCL’s Director of Procurement, shared her experience with transforming their organization during the 2020 pandemic. Those are three hot topics in the enterprise today. To do so, we need to get creative and curious.”
Top 4 Business Drivers for Investment in Procurement Transformation 2023
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.
Onventis makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists
Spend Matters
OCTOBER 24, 2023
Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Together, they manage an annual procurement volume exceeding $16 billion, engaging with more than 350,000 suppliers.”
Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report
ivalua
MARCH 24, 2022
Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).
Suppliers 130
130 
Digital Procurement Tools: How much do they cost?
Procurement Software
APRIL 2, 2024
We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.
Top 4 Business Drivers for Investment in Procurement Transformation 2023
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 transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Disruptions are never going to end.
3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation
ivalua
MAY 30, 2023
Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.
Eprocurement 49
49 
Innovative Procurement Models: Exploring Different Approaches
Empowering CPO
JUNE 14, 2023
Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.
Innovation 52
52 
Supplier Collaboration Software — What You Should Know
Procurement Tactics
JUNE 7, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?
The Big Interview with James Ball
Procurement Heads
DECEMBER 15, 2022
For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement?
Sustainability 130
130 
How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis
ivalua
DECEMBER 14, 2020
What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers.
7 Critical Supply Chain Management Trends for 2023
Zycus Cognitive Procurement
DECEMBER 15, 2022
As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk.
Procurement Metrics: Key Performance Indicators for Success
Empowering CPO
JUNE 9, 2023
The Importance of Procurement in Business Procurement is the lifeblood of any business. This can range from raw materials for production, to office supplies, to strategic partnerships. Understanding Procurement Metrics To gauge the effectiveness of procurement activities, businesses rely on procurement metrics.
Procurement 52
52 
Procurement Transformation Imperatives for Malaysia in 2023 and Beyond
Zycus Cognitive Procurement
DECEMBER 16, 2022
And with this thought the Procurement Transformation Summit in Malaysia kicked off. Visionaries and thought leaders from Malaysia joined us to provide practical insights, these include: Mac Chew , Head of Group Procurement, FGV Holdings. Jan Piskadlo , Head of Procurement, MISC Berhad. Maybank, Malaysia. . Cost Reduction.
5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023
Zycus Cognitive Procurement
JANUARY 24, 2023
So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.
2023 Ivalua NOW Paris: Recap + Photos!
ivalua
APRIL 5, 2023
With the same enthusiasm and innovation as always, we gathered together this year to explore a new frontier of possibilities in procurement. Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap.
Innovation 130
130 
Could some of our UK counties be under water by 2050?
Value Match
FEBRUARY 23, 2023
However, what can we do as procurement professionals to help? Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure.
13 Important Roles of Data Analytics in Supply Chain Optimization
SCMDOJO
JUNE 6, 2023
When businesses align production and procurement schedules with demand, they optimize their supply chain processes. By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. They can avoid bottlenecks and inventory shortages.
The Hitchhiker’s Guide to Digital Procurement!
Supply Chain Game Changer
APRIL 15, 2020
The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Fact: A digital procurement roadmap is a cornerstone of any procurement organization’s digitalization journey. Don’t Panic!
Procurement 90
90 
4 Predictions on Procurement’s Top Trends in 2023
Arkestro
JANUARY 4, 2023
But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Ensuring continuity of supply.
Should we measure Value, not Savings? - Richard Nixon from Per Angusta
ProtoCast
APRIL 12, 2021
Procurement often gets a bad rap in organisations because we're seen as only going after cost savings and expense reduction. Often, procurement only (or chiefly) gets measured on cost savings. Procurement often gets a bad rap in organisations because we're seen as only going after cost savings and expense reduction. No acronyms!
Supplier Diversity: From Checking the Box to Driving Business Strategy
ivalua
JUNE 29, 2021
Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management. Part I: Building Business Cases and Driving Momentum.
Resilience is the New Critical Supply Chain Strategy!
Supply Chain Game Changer
MAY 5, 2021
Risk mitigation, innovation through supplier collaboration, and increased sustainability have also driven Supply Chain’s strategic value – but they’ve taken a back seat to efficiency. The competencies required to bring about this new model can be bigger than redesigning RFPs or the Procurement process. Then came COVID-19.
AMP8: How Water Companies Can Reduce Supply Chain Risk
Barkers Procurement
FEBRUARY 27, 2023
Critically, for the water industry, are serious concerns regarding the sector’s supply chain resilience and whether the supply chain is capable of supporting water companies to deliver on the mandates outlined in AMP8. Failure to do this could lead to confusion and distrust amongst the supply chain.
Supply Chain Resilience and Sustainability – Partners or Adversaries?
Arkestro
JULY 18, 2022
One of the most critical lessons learned during the global pandemic and its aftermath has been the importance of supply chain resilience. As organizations have been coming to grips with this reality, they have also been working hard toward achieving the goal of sustainability. What Is Supply Chain Resiliency?
4 Key Trends Reshaping Manufacturing Procurement in 2024
Arkestro
JANUARY 9, 2024
Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. Sustainable bidding. Sustainable packaging. Competitor analysis.
The Impact of Digital Transformation on Spend Analysis
Empowering CPO
JUNE 27, 2023
One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.
New Year Insights for the procurement solutions and services marketplace 2024: Tradeshift
Spend Matters
DECEMBER 28, 2023
Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business.
Risk Management in Procurement: Strategies and Tools for Success
Empowering CPO
MAY 8, 2023
Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.
Supply Diversity – Managing diversity into your supply chain
Claritum
JULY 23, 2018
Claritum Article - Procurement Blog. Diversity in the supply chain has increasingly become important and reflects a growing concern that disadvantaged groups are not being given access to supply chains. Why not make procurement the catalyst for placing your organisation at the forefront of challenging stereotypes.
Supply chain 36
36 
ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain
ivalua
FEBRUARY 25, 2021
What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.
7 Signs of Excellent Procurement Teams!
Supply Chain Game Changer
MARCH 18, 2021
Subscribe to Supply Chain Game Changer. Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Subscribe Here! Email Address.
Let's personalize your content