Supply Chain Game Changer

FEBRUARY 14, 2022

A Chief Financial Officer (CFO) is a member of the top-ranking officers in an organization known as the C-suite. For any organization to be successful, it has to have a CFO. The CFO can either be part-time, known as a fractional CFO, or a full-time employee depending on the company’s needs.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply Collaboration 96

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

However, different stakeholders in the organization view spend management differently, depending on their roles and responsibilities within the organization. Each stakeholder’s role and responsibilities within the organization will influence their view on spending, and this may create differences in opinions, objectives, and priorities.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Heads

AUGUST 16, 2023

What are the roles and responsibilities the Procurement function holds within your organisation? Within my organisation procurement very much has a seat at the table and our team are very much considered part of the wider corporate function teams working closely with the CFO and CCO’s. How do you split the function out?

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Procurement Suppliers Risk Negotiation 246

Arkestro

JULY 21, 2023

Jul 21, 2023 read more Grow CFO: How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”? Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. No spam, just relevant news and tips & tricks.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Procurement team Inventory 98

Procurement Heads

OCTOBER 12, 2022

Tell us about your role. What did you inherit in the role when you started? What did you inherit in the role when you started? I was brought in after the new CFO had identified that we weren’t getting value out of our approach to the procurement of what in Retail is called “Goods not for resale”.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

Arkestro

JULY 20, 2023

The post Grow CFO: How can CFOs Help Their Procurement Teams Avoid “Anchor Bias”? Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc. Media Assets Standard Logo Social Logo Address Arkestro, Inc.

Procurement team 52

Procurement team Procurement Supply Chain Efficiency Supply chain 52

Fraxion

FEBRUARY 27, 2023

As businesses work to recover from the pandemic, they are now facing a new wave of economic uncertainty that will test the resilience of their CFOs.

Collaboration 52

Collaboration Spend management Management 52

Procurement Heads

NOVEMBER 15, 2022

I went for it and got the role, so I could move to London with a job, as it was too expensive to move there without one. I started in Procurement Support, so understanding the real basics such as pricing, systems and how a company uses its data, which helped massively when I made that first step up into a European buying role.

Raw materials 246

Raw materials Buyers Price Procurement 246

Procurement Heads

SEPTEMBER 1, 2022

I am a chartered accountant, before joining Pool Re I had a number of roles, none of which were in insurance, I kind of fell into the role here. I am the Chief Finance and Operations Officer at Pool Re. I am now actually the longest-serving member of staff at Pool Re and have been here for 13 years. What led you to Pool Re?

Contract 130

Contract Contract management Procurement Management 130

Una

NOVEMBER 28, 2022

Three Steps to Making an Impact When Starting a New Procurement Role. Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. Make an impact right away when starting a new procurement role. By Hugo Britt | November 29, 2022.

Real-time Visibility 95

Real-time Visibility Procurement Purchasing Contract 95

Let's Talk Supply Chain

OCTOBER 19, 2023

Today in Episode 1, Unveiling The Invisible, I’m joined by Gene Gander, General Manager of Global Sales at WiseTech Global, and Amna Shah, Principal and CFO at AHD Consulting, to dive into the complex world of supply chain visibility. We’ll be revealing the true cost of compliance; and changing the way we think about risk in logistics.

e2e 52

e2e supply chain software solutions Supply Chain Visibility Supply Chain Optimization 52

Procurement Insights

SEPTEMBER 17, 2022

As frustrating as that was, the biggest cause of angst was how senior management viewed our role and contribution. ” Unfortunately, despite expressing the desire for strategic thinkers, most confined their purchasing departments to a narrowly defined functional role. .”

Purchasing 40

Purchasing Buyers Procurement Management 40

IBM Supply Chain Blog

MARCH 13, 2023

” CFOs at the helm of transformation CFOs are now responsible for transparent communication about how a company’s sustainability performance and sustainability metrics are tied to financial disclosures. That speaks to a larger evolution in the role of the finance function in business.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Sustainability Supply Chain Optimization 52

Una

OCTOBER 26, 2023

Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. If you’re interested in this role, now is the time to start thinking about the skills and experience employers are searching for. What are the benefits of the role?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Arkestro

JUNE 20, 2023

The Pressures Facing CFOs No doubt about it – there is A LOT of pressure on your shoulders as a CFO. This means that prices for everyday commodities have skyrocketed, demand has increased, and CFO’s worldwide are shaking their heads in disbelief at money spent. With 36% of leaders prioritizing AI implementation in finance [1].

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

ivalua

DECEMBER 6, 2022

These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle costs. Some companies create separate documents for the business versus procurement community considering their specific role and requirements in the P2P process.

e2e 130

e2e Suppliers Procurement Contract 130

Let's Talk Supply Chain

SEPTEMBER 18, 2023

Today Lee Newitt, President and CFO at DCLI, will be telling me all about DCLI and what they do; why they’re investing in improving trucker experience; the contentious issue of chassis regulation; and DCLI’s mission to transform the way chassis work within the intermodal supply chain. For 2023, the key word is normalization.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply chain Quality 52

Procurement Software

JANUARY 16, 2024

And in the eyes of the CFO, I suspect they are. Could more visionary procurement leaders be the cure for procurement teams not getting the recognition they deserve? We often don’t have the necessary organisational clout to orchestrate change. Is a lack of vision and creativity the culprit? The Status Quo has got to GO!

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Procurement Heads

NOVEMBER 15, 2022

I went for it and got the role, so I could move to London with a job, as it was too expensive to move there without one. I started in Procurement Support, so understanding the real basics such as pricing, systems and how a company uses its data, which helped massively when I made that first step up into a European buying role.

Raw materials 130

Raw materials Buyers Price Procurement 130

Una

JANUARY 30, 2023

How to Market Procurement’s Value Beyond Cost Savings GPO Cost Savings Calculator Tool How to Communicate the Value of Procurement to the C-Suite Celebrate career successes Traditional pathways to the CEO role usually come from functional leadership positions: the CFO, CMO, CTO, or COO. The most-quoted reason lies in the past.

Procurement 98

Procurement Cost of ownership Influencing Purchasing 98

Procurement Software

NOVEMBER 21, 2022

What is the role of procurement in different industries? It doesn’t come as a surprise that in most cases, this role (especially in manufacturing industries) has been seen as a more administrative function. When it comes to martech (fusion between marketing and technology ) as many as 8,000 tools are available today.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Procurement Heads

APRIL 5, 2023

My ultimate role was to lead the global professional services category which had significant spend, that enabled me to engage and work with the PLC main board. I got hold of the CPO and said this is not the way you create relationships and build value. What led you to move into the interim market?

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Heads

APRIL 5, 2023

My ultimate role was to lead the global professional services category which had significant spend, that enabled me to engage and work with the PLC main board. I got hold of the CPO and said this is not the way you create relationships and build value. What led you to move into the interim market?

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. Embrace the challenge and seize the opportunities to drive cost savings and optimize value within your role. Conclusion: Congratulations!

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

The Procuretech Podcast

MAY 20, 2020

And if so, how to convince a CFO to part with their budget to implement a solution to successfully manage it? Daniel has some pretty strong views on how these roles will likely be eliminated over the coming years. ?How In this podcast, I speak to Daniel Barnes of Ikaros Consultancy. The answer he gave was not what I was expecting.

Contract management 52

Contract management Contract Management Budget 52

Spend Matters

MARCH 11, 2024

This includes ensuring there is only one way to send an invoice, allocating a part role to a team member, scrutinizing every invoice against checks, finding trends, determining risk areas and comparing size of MSF relative to active monthly suppliers. So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

Barkers Procurement

MARCH 14, 2024

Indeed, studies have shown that the ethical principles of an organisation are one of the key considerations for the younger generation when researching roles and companies for which to apply. Series 1 / Part 2 ESG. Some would argue one of the key areas of focus for procurement in 2024.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Ethics Sustainability Supply chain 52

Arkestro

MAY 30, 2022

The researchers who have authored these articles point to the need for procurement to play a leading role in addressing the challenges. The researchers who have authored these articles point to the need for procurement to play a leading role in addressing the challenges. Let’s start with a quote that is broader in nature.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Procurify

JULY 21, 2022

Here are questions CFOs can ask themselves to start auditing their own spend management processes: What is our discretionary spend? Are there any trends by role, department, function, and/or project? Why companies should invest in spend management during a recession. Benjamin Franklin once said, “Beware of little expenses.

Spend management 52

Spend management Management Budget Purchase orders 52

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. It’s not just the cars themselves either.

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Procurement Suppliers Collaboration Innovation 100

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. With the ever-evolving business landscape, staying current on the latest industry trends and best practices is crucial for your success. Fresh, easy to digest format.

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Supply chain management Supply chain management supply chain software solutions Supply chain 113

Supply Chain Game Changer

SEPTEMBER 30, 2021

Considering that all HR professionals have to juggle different roles, it won’t be easy. To them, their role creates frameworks and enables programs that let employees and leaders thrive. In market-leading companies, the role of HR is far more complex than the basic management of employees. The “X” Factor!

supply chain software solutions 71

supply chain software solutions Supply chain Strategy Import 71

Procurement Software

FEBRUARY 28, 2023

It can be a driver of why people leave their current roles and and move into other positions. If you were in an industry that was particularly hard hit by the pandemic or your role put you under a lot of pressure dealing with broken supply chains, I think that’s certainly a factor.

Management 59

Management Procurement supply chain software solutions Supply chain 59

The Procuretech Podcast

JULY 1, 2020

In these instances, our role is usually the equivalent of a fire extinguisher. Rai on how to eliminate human error and non-value added admin 3:10 Veekshith walks through the 5 main areas that a CFO typically needs to cover off, and how Finly has contributed to automating these. So why does it land in our inbox?

Vendor relationships 52

Vendor relationships Innovation Procurement team Budget 52

The Procuretech Podcast

SEPTEMBER 26, 2022

Her role, as either CFO, or – as at Coca Cola – director of procure to pay, involved structuring shared service centres. Her role, as either CFO, or – as at Coca Cola – director of procure to pay, involved structuring shared service centres. Welcome to another episode of The Procuretech Podcast! And they shouldn't be.

Management 40

Management Vendor management Influencing Procurement team 40

ivalua

OCTOBER 31, 2019

Previously, he served in a variety of roles in Credit Suisse. Investment Banking and Group CFO and COO Divisions focused on opex restructuring and. Prior to Credit Suisse, Steven held roles with Lehman Brothers in bank productivity and. senior consulting roles covering financial services clients. SVM) since April 2014.

Vendor management 20

Vendor management Change management Sourcing Strategy 20