Skill Dynamics
JANUARY 14, 2025
Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Without it, many of the worlds most successful companies would simply cease to exist. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.
SCMDOJO
JANUARY 9, 2025
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages.
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Procurement Insights
JANUARY 3, 2025
The following is a 31-minute video of a 2011 lecture I gave at eWorld. It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. 2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, t
Spend Matters
MAY 1, 2025
We continue our Procurement Transformation Guide with a look at implementing an e-procurement transformation. Procurement has moved beyond a transactional function. It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. Yet, many organizations struggle to modernize procurement processes, not due to a lack of technology, but because they fail to align workflows, stakeholder collaboration and automation effectively.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
TYA Suite
APRIL 13, 2025
Managing invoices and payments can be tricky, especially when businesses deal with multiple vendors and large transactions. To avoid errors, overpayments, or even fraud, companies use matching processes to verify payments before releasing funds. , two common methods are 2-way matching and 3-way matching. While both help control costs and ensure accuracy, they serve different purposes.
Let's Talk Supply Chain
APRIL 17, 2025
In the tumultuous world of trade wars and tariffs, Levi’s emerges as a steady hand, promising a precise and strategic response to any potential price increases. Amidst the chaos, the renowned denim brand unveils a plan for ‘surgical’ adjustments, ensuring minimal impact on consumers and maintaining the integrity of its iconic products.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Jaggaer
FEBRUARY 28, 2025
2024 was widely reported as the most elected year in modern history with voters going to the polls in more than sixty countries. Incumbent governments suffered as electors voted for change. One of the recurrent themes was dissatisfaction with critical public services. Many taxpayers feel that they neither meet expected satisfaction levels nor deliver value for money.
Supply Chain Brain
JULY 14, 2025
This white paper goes further — with 101 real-world AI use cases across the source-to-pay process. From intelligent sourcing to autonomous workflows, these cases show where AI is already working, and how to turn possibility into practice.
Future Purchasing
APRIL 1, 2025
From our research, it is clear that many organisations still see category management as simply another term for strategic sourcing. However, we believe that category management and strategic sourcing focus on different aspects and have distinct goals. What is category management in procurement Category management is the process of organising spend into groups of related products and services according to their characteristics, market dynamics, or business objectives.
Shapiro Negotiations Institute
FEBRUARY 28, 2025
I just got back from Training Magazine’s Training 2025 Conference and Expo. And truth be told, it was worth every second. Forget the usual conference fluff where speakers peddle theories they’ve never tested. This conference was the real deal practical solutions from people doing the actual work, not just talking about it. The best part?
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Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
Supply Chain Game Changer
JULY 19, 2025
Subscribe Digital Procurement Improves Supply Chain! The world is evolving rapidly. And so are your procurement responsibilities. Sometimes, unforeseen disruptions, whether a natural disaster or an internal planning issue, can throw your procurement process off course. Whether you’re running a startup or scaling an established business, procurement challenges are inevitable.
SCMDOJO
MARCH 14, 2025
Globally, governments around the world are upgrading their procurement functions with a fresh perspective. The New Government Procurement Act is at the forefront of these reforms, introducing transparency, efficiency, and accountability in public spending. The Philippines has enacted the New Government Procurement Act (Republic Act No. 12009), marking a major step toward streamlining procurement.
Procurement Insights
JUNE 14, 2025
Pioneering AI/Agent-Based Concepts: Hansen was discussing and implementing AI concepts (like “advanced self-learning algorithms”) in procurement as early as the late 1990s, almost two decades before major analyst firms like Gartner started prominently featuring AI. This longevity and foresight establish him as an undisputed originator and global authority in these areas.
Spend Matters
APRIL 17, 2025
Artificial intelligence use in procurement isnt a distant dream its here, reshaping how procurement professionals work. From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. But where should you begin? And how can you scale your efforts for maximum impact?
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Skill Dynamics
JANUARY 9, 2025
Strong supply chain capabilities drive efficiency and develop competitiveness in an oversaturated market. Global disruptions such as COVID-19 have unearthed a wide range of vulnerabilities within international supply chains. They taught businesses that you simply must be prepared for rapid change with contingency plans and alternative solutions ready to go.
Let's Talk Supply Chain
FEBRUARY 20, 2025
In the intricate dance of global trade, Mattel emerges as a nimble player, deftly navigating the shifting sands of tariffs and regulations. As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.
TYA Suite
JUNE 12, 2025
Today's procurement executives are under greater pressure than ever to do more with less. From managing global supplier networks to ensuring regulatory compliance and cost efficiency, the modern procurement landscape is more complex than ever. Traditional tools and siloed processes are no longer enough to keep up with the pace of change. This is why procurement orchestration is quickly gaining attention.
ivalua
JULY 15, 2025
When does a purchase actually begin? For enterprise teams, it starts long before a vendor is selected or a PO is sent. A critical but often overlooked step in managing spend, enforcing policy, and gaining visibility across the procurement process, creating a purchase requisition is the first step in the process. Purchase requisitions are a foundational element of mature, well-governed procurement operations, and at Ivalua, we’ve helped global organizations turn this early-stage process into a po
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Procurement Software
JULY 6, 2025
Cost avoidance in procurement rarely gets the recognition it deserves from CFOs. Despite the industry’s shift toward a broader value-driven view of procurement excellence, most teams are still primarily measured on cost savings. Let’s face it: this is frustrating. Even when leadership acknowledges that buyers deliver more than just bottom-line savings, this appreciation rarely shows up in our performance objectives.
Jaggaer
FEBRUARY 28, 2025
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth. The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emergi
Shapiro Negotiations Institute
MAY 23, 2025
You’ve been there. Sitting across from that procurement manager who just slashed your proposal by 20%. Or facing that supplier who “can’t possibly” meet your timeline. Your heart races a bit. Your palms might even sweat. Because you know what happens in the next few minutes matters. You want the numbers to work. But you also need this relationship to last beyond today’s conversation.
Supply Chain Game Changer
JULY 24, 2025
Subscribe Strategic Supplier Relationship Management – Do’s and Don’ts At any given time, working with the resources of any business depends on procuring the right materials at the right time and at the right cost. In today’s varying and dynamic business environment, sourcing and procurement have matured from approaches to securing inventory to becoming important arbiters of strategic advantage.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
SCMDOJO
MARCH 24, 2025
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. Purchase Price Variance (PPV) can be tracked monthly, quarterly, biannually, or annually for a specific item or the overall spending over a given period.
Procurement Insights
FEBRUARY 18, 2025
In ProcureTech , the phrase “Cant build a house on a cracked foundation” means you cannot successfully implement AI-driven procurement solutions (or digital transformation) if the underlying procurement processes, data, and strategy are flawed. Without a solid foundation, technology alone cannot fix broken procurement functions. Key Applications in ProcureTech 1.
Spend Matters
FEBRUARY 5, 2025
Procurement has evolved from a back-office function to a strategic driver of innovation and value. While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Real transformation demands a mix of creativity, strategy and much patience. Change management isnt a sidekick in this story; its the star of the show.
HICX
JUNE 9, 2025
What Is AI in Supplier Management? AI in supplier management is the use of artificial intelligence (AI) technologies to streamline and enhance various supplier-related processes. These may include processes related to: Supplier evaluation Supplier onboarding Performance tracking, Supplier risk management Contract analysis By automating repetitive tasks and analyzing large datasets, AI improves efficiency, reduces errors, and enhances decision-making.
Speaker: Ethan Woolley, Director at Kharon
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Let's Talk Supply Chain
APRIL 19, 2025
In the labyrinth of the global food supply chain, the humble egg has emerged as a contender for the spotlight. Join us as we delve into the captivating insights of a supply chain expert from the esteemed University of Denver,unraveling the mysteries behind the soaring egg prices that have ignited whispers of concern among consumers and industry insiders alike.
TYA Suite
JUNE 2, 2025
Every business, no matter its size or industry, needs to buy goods and services to operate. From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.
ivalua
JULY 1, 2025
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. Strategies that worked just a few years ago are now too rigid, manual, or disconnected to keep up. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable?
Procurement Software
JUNE 1, 2025
The market for procurement talent harbours a dangerous disconnect. Procurement Directors post openings demanding Excel wizardry and SAP expertise. Meanwhile, AI quietly renders these skills obsolete. This mismatch threatens entire procurement organizations. Teams recruit for yesterday’s challenges. Meanwhile, tomorrow’s demands remain unmet.
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?
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