Jaggaer

FEBRUARY 28, 2025

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.

Agile and Lean Supply Chain 52

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

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? 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?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

World of Procurement blog

MAY 8, 2024

Procurement Best Practices To maximize the value of procurement, organizations should follow certain best practices around ethics, sustainability, risk management, and cost savings. Ethical and Sustainable Procurement Source from suppliers who follow ethical labor practices and treat workers fairly.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This has helped boost transformation success by 42% , as workflows become easier to manage and adopt across departments.[7] 9] Risk mitigation is another driver. Available at: [link]. ” Gartner.

Strategy 52

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

Procurement Insights

MAY 10, 2025

Benefit: Improved sourcing could yield 510% cost savings on annual spend. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g., This supports practitioners in making data-driven, strategic decisions that lead to measurable business improvements. 5M in savings.

Procurement 52

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

Supply Chain Game Changer

APRIL 15, 2020

The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. Adopting solutions that enhance risk management, transparency, visibility & compliance is more important now than ever before.

Procurement 111

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

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier risk is always there, but using various risk management strategies can help you minimize the impact. How to report and analyze indirect spend to identify savings opportunities.

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. It now plays a crucial role in cost savings, risk management, and value creation for organizations.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. This could include metrics on supplier innovation, risk management, and value creation beyond cost savings.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JUNE 27, 2023

Proactive Risk Management: Digital spend analysis provides enhanced visibility into supplier performance, allowing organizations to identify and mitigate potential risks. Procurement professionals can identify savings opportunities, optimize sourcing strategies, and take prompt actions to address supplier performance issues.

Real-time Visibility 40

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