Remove Product development Remove Sourcing Remove supply chain budgeting Remove Supply chain resilience
article thumbnail

Top 4 Business Drivers for Investment in Procurement Transformation 2023

Zycus Cognitive Procurement

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

article thumbnail

Top 4 Business Drivers for Investment in Procurement Transformation 2023

Zycus Cognitive Procurement

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

article thumbnail

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

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. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.