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How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

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How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

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The New Procurement Reality: Managing the Supply Chain with Artificial & Human Intelligence

Jaggaer

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

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Procurement Category Management: Step-by-Step Guide with Examples

Precoro

Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.

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Offset Tariffs by Cutting Supply Chain & Procurement Costs

QAD

Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

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How Do IT Supply Chain Attacks Actually Happen?

IT Supply Chain

That means vendors, software providers, cloud platforms, even IT contractors. One example came from a small software company that provided IT tools to hospitals. Every hospital that downloaded the next software update also got infected. They went through the software vendor. But breaking into one of their vendors?

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Global Trade is Complex: Isn’t It Time to Simplify?

QAD

These include holding back on purchase orders in the hopes that tariffs will be removed or reduced after further trade talks, moving production facilities, or applying for tariff remedy programs. Once this exercise is complete, a company will have a clearer idea of what technologies they could use to support their operations.

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