Expert insights. Personalized for you.
I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. These early insights dating back to the early roots of procurement evoke a situation that is still not uncommon to what we see today. MORE
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study*. MORE
With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Download it here now. MORE
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement. MORE
And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. As is well known, procurement generates massive volumes of data. MORE
SEPTEMBER 11, 2020
Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight. Typically, resistant to change and reliant on manual methods, procurement departments tend to be slow when adapt ing to technological developments. Download It Now. MORE
“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University. MORE
Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. Next up was Dan Carrell, Vice President of Global Procurement at IBM. 22,000 sourcing events. $50 MORE
To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. How Big Data Analysis Plays into Procurement. Sourcing with Big Data. Download it here now. MORE
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. MORE
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. MORE
Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, businesses in manufacturing, mining and metals, food and beverage, and other industries are looking for ways to reduce raw material procurement spending and offset rising material costs. That’s where Strategic Sourcing comes into play. An important lever for modern organizations. MORE
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. MORE
How can you achieve procurement best practice in your organization? These frequently ordered low value goods and services are seen to be too small to be managed by procurement experts. The aim is to make procurement of goods and services as simple as possible. For procurement. MORE
Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. There are few functions within an organisation that can claim to have such a wide-ranging impact on a business than that of Procurement. on demand procurement. MORE
Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation. MORE
Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. Automated procurement means that procurement professionals are released from tedium while organizations enhance their efficiency and release additional value. MORE
New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. Key findings include: 97% of advanced procurement departments say procurement strategy is well aligned with overall business strategy versus only 14% of beginners. . MORE
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. Balancing New Priorities Makes Procurement More Valuable. Procurement MORE
Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement. Download here. Download here. Sourcing Innovation – Dr Michael Lamoureux. Download here. MORE
A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. Some of the emerging views on the “future of procurement” focus on the importance of being a strong internal consultant, the importance of building relationships, coaching suppliers, post-award contract management, and relational contracting. Vested is a Sourcing Business Model in. MORE
Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement. source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). Outsourcing of non-core procurement activities. MORE
29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategic value. Ivalua is the Procurement empowerment platform. MORE
Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes. Strategically, a digital assistant simplifies strategy development and execution within the procurement function. Download it here now. MORE
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study *. MORE
The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science to art. Just building great Procurement solutions that customers clearly love (in 2018 once again maintaining the industry’s highest retention rate, over 98%). The most eye-catching statistic of the event came from Duncan regarding procurement’s self-assessed v. MORE
3rd CEE Procurement & Supply Forum. Global sourcing and sourcing in Central-Eastern Europe (CEE) has long been state of the art for international companies. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum. Download the brochure>> Register now >> Events BME CEE Central Europe Eastern Europe event Forum innovation logistics Procurement sourcing supply chain MORE
In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. MORE
Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more. Procurement at the pivot point. MORE
Culminating months of research, the 2017 EcoVadis/HEC Sustainable Procurement Barometer is now live and it’s worth a thorough read. Sustainable procurement programs are no longer optional or a mere nice-to-have, but an integral business function. That’s according to the survey research results from the new EcoVadis/HEC Sustainable Procurement Barometer , which collected input from procurement and supply chain professionals across the globe. MORE
Now this idea of augmented procurement – and eventually autonomous procurement – has surfaced , and many are asking when the change will happen, and more importantly what it means for them. . Now, just imagine that technology specifically tailored to procurement. MORE
REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. MORE
To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. How Big Data Analysis Plays into Procurement. Sourcing with Big Data. Download it here now. MORE
Back now for its 10th year, it’s the go to event for professionals working in supply chain, procurement, sourcing, sustainability or CSR. The 2015 event will address some of the key issues and opportunities, including: impact measurement, supplier development, responsible sourcing, R&D innovation, consumer engagement, scaling up, and resource efficiency. Confirmed speakers include: AkzoNobel , Director Procurement, Dick Bartelse. MORE
His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. didn’t buy off on procurement?as MORE
The Global Procurement & Supply Chain Management for Oil And Gas Industry 2016. SCM and Procurement teams will need to build internal supply planning capabilities, create higher value and efficiency, and out- source to third parties at a reasonable cost to help consolidate their position within the business. Date: 11-12 April, 2016. Venue: Intercontinental Berlin, Germany. Organizer: Magvoy Energy – MagVoyages ltd. Url: [link]. MORE
ivalua
NOVEMBER 25, 2020
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up.
ivalua
APRIL 9, 2021
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study *.
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ivalua
APRIL 8, 2021
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Download the full study*.
Supply Chain View from the Field
JULY 17, 2015
A new face of procurement is emerging which is recognizing that a new set of value drivers must be developed in the face of massive environmental changes. Some of the emerging views on the “future of procurement” focus on the importance of being a strong internal consultant, the importance of building relationships, coaching suppliers, post-award contract management, and relational contracting. Vested is a Sourcing Business Model in.
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. Balancing New Priorities Makes Procurement More Valuable. Procurement
ivalua
MAY 9, 2019
The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science to art. Just building great Procurement solutions that customers clearly love (in 2018 once again maintaining the industry’s highest retention rate, over 98%). The most eye-catching statistic of the event came from Duncan regarding procurement’s self-assessed v.
USC Consulting Group
FEBRUARY 5, 2019
Sourcing is a key component of your Supply Chain – perhaps the most important part. As companies are navigating an increasingly turbulent yet robust economic climate, businesses in manufacturing, mining and metals, food and beverage, and other industries are looking for ways to reduce raw material procurement spending and offset rising material costs. That’s where Strategic Sourcing comes into play. An important lever for modern organizations.
Supply Chain Movement
AUGUST 18, 2016
3rd CEE Procurement & Supply Forum. Global sourcing and sourcing in Central-Eastern Europe (CEE) has long been state of the art for international companies. How to effectively identify and benefit from these potentials will be the main focus of the 3rd CEE Procurement & Supply Forum. Download the brochure>> Register now >> Events BME CEE Central Europe Eastern Europe event Forum innovation logistics Procurement sourcing supply chain
Jaggaer
MARCH 23, 2020
And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. As is well known, procurement generates massive volumes of data.
Jaggaer
MAY 12, 2020
In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement.
HICX Solutions
OCTOBER 20, 2020
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function.
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ivalua
AUGUST 29, 2019
29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategic value. Ivalua is the Procurement empowerment platform.
Supply Chain Game Changer
NOVEMBER 15, 2018
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.
Jaggaer
MARCH 30, 2020
To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. How Big Data Analysis Plays into Procurement. Sourcing with Big Data. Download it here now.
Jaggaer
OCTOBER 22, 2019
Our recently published report, “ Digital Transformation in Procurement: How Close Are We? ”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes. Strategically, a digital assistant simplifies strategy development and execution within the procurement function. Download it here now.
HICX Solutions
OCTOBER 20, 2020
In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function.
Jaggaer
APRIL 22, 2019
Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more. Procurement at the pivot point.
Jaggaer
MARCH 18, 2020
His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. didn’t buy off on procurement?as
Jaggaer
SEPTEMBER 11, 2020
Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight. Typically, resistant to change and reliant on manual methods, procurement departments tend to be slow when adapt ing to technological developments. Download It Now.
Jaggaer
MARCH 18, 2020
To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. How Big Data Analysis Plays into Procurement. Sourcing with Big Data. Download it here now.
Supply Chain View from the Field
NOVEMBER 16, 2013
I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. These early insights dating back to the early roots of procurement evoke a situation that is still not uncommon to what we see today.
Claritum
FEBRUARY 4, 2020
How can you achieve procurement best practice in your organization? These frequently ordered low value goods and services are seen to be too small to be managed by procurement experts. The aim is to make procurement of goods and services as simple as possible. For procurement.
Supply Chain Movement
FEBRUARY 2, 2016
The Global Procurement & Supply Chain Management for Oil And Gas Industry 2016. SCM and Procurement teams will need to build internal supply planning capabilities, create higher value and efficiency, and out- source to third parties at a reasonable cost to help consolidate their position within the business. Date: 11-12 April, 2016. Venue: Intercontinental Berlin, Germany. Organizer: Magvoy Energy – MagVoyages ltd. Url: [link].
Jaggaer
JUNE 11, 2020
With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Download it here now.
Claritum
NOVEMBER 28, 2016
Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement. source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). Outsourcing of non-core procurement activities.
NC State SCRC
MARCH 15, 2016
Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. Next up was Dan Carrell, Vice President of Global Procurement at IBM. 22,000 sourcing events. $50
Jaggaer
DECEMBER 4, 2018
Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.
Jaggaer
OCTOBER 6, 2020
“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University.
ivalua
MARCH 31, 2020
REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.
Jaggaer
JULY 21, 2020
Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. Automated procurement means that procurement professionals are released from tedium while organizations enhance their efficiency and release additional value.
Jaggaer
AUGUST 25, 2020
Now this idea of augmented procurement – and eventually autonomous procurement – has surfaced , and many are asking when the change will happen, and more importantly what it means for them. . Now, just imagine that technology specifically tailored to procurement.
Supply Chain Movement
JULY 17, 2015
Back now for its 10th year, it’s the go to event for professionals working in supply chain, procurement, sourcing, sustainability or CSR. The 2015 event will address some of the key issues and opportunities, including: impact measurement, supplier development, responsible sourcing, R&D innovation, consumer engagement, scaling up, and resource efficiency. Confirmed speakers include: AkzoNobel , Director Procurement, Dick Bartelse.
Claritum
MARCH 29, 2019
Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. There are few functions within an organisation that can claim to have such a wide-ranging impact on a business than that of Procurement. on demand procurement.
Claritum
JANUARY 8, 2017
Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement. Download here. Download here. Sourcing Innovation – Dr Michael Lamoureux. Download here.
EcoVadis
FEBRUARY 14, 2017
Culminating months of research, the 2017 EcoVadis/HEC Sustainable Procurement Barometer is now live and it’s worth a thorough read. Sustainable procurement programs are no longer optional or a mere nice-to-have, but an integral business function. That’s according to the survey research results from the new EcoVadis/HEC Sustainable Procurement Barometer , which collected input from procurement and supply chain professionals across the globe.
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