Modern CPOs on their way to Smart Procurement

ivalua

Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” What we can notice is that the application of Smart procurement technologies is becoming key for them to think strategically, act quickly and take the right decisions at the right moment in a permanently evolving environment. The post Modern CPOs on their way to Smart Procurement appeared first on Ivalua.

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement?

Why Transportation Procurement is More than an Event

Talking Logistics

The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Transportation Procurement: Things to Keep in Mind. The post Why Transportation Procurement is More than an Event appeared first on Talking Logistics with Adrian Gonzalez.

Ivalua Now and the Art – or is it the Science – of Procurement?

ivalua

It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. The event is free to attend and aims to attract hundreds of procurement and supply chain professionals to discuss and learn more about the latest industry trends and processes. In the process, these advances are enabling procurement leaders to look beyond their traditional remit.

The 4 Stages of Supply Chain Analytics

procurement officers believe the quality of data is a major barrier, and the. chain design, procurement, and transportation with greater precision and will. Supply Chain Data Maturity A Guide to Transformation. How Mature is Your Supply Chain?

Procurement Interview Questions & Answers

Supply Chain Game Changer

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Check out this list of 25 Procurement and Purchasing questions and answers. And you don’t need to purchase an expensive procurement technology suite to do so.

A Procurement Resolution – Realize Your True Potential

ivalua

For Procurement leaders in particular there couldn’t be a better time to do so. A recent study by the Hackett Group found that only 63% of Procurement organizations have even developed a plan for digital transformation. Alex Saric, Chief Marketing Officer, Ivalua.

[INFOGRAPHIC] The Future Of Procurement: What Is Your Role?

Cerasis

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. The Future of Procurement is Driven by Technology. Enter The Future of Procurement , an Oxford Economics study.

Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? Remember iPods?

7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. procurement #technologyadoption #supplychainmanagement.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

Cerasis

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Highlights of Oracle Procurement Cloud- Release 13

Supply Chain Matters

In this October commentary we take the opportunity to update our procurement focused readers as to the latest Release 13 features within Oracle Procurement Cloud. Oracle Procurement and Sourcing Oracle procurement support technology Oracle software applications supporting supply chain management Supply chain Matters blogIn a previous August commentary, Supply Chain Matters highlighted some of the major features of Oracle’s SCM Cloud, Release 13.

Procurement Transformation Delays – The Role of Personality!

Supply Chain Game Changer

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. Subscribe Here!

Procurement Bots – Transformer or Destroyer?

Supply Chain Game Changer

Check out What Exactly Is Procurement? The last few years have seen a lot of real (and over) hype associated with the emergence of Software Robots (called Bots/Bot) which are disrupting the legacy procurement processes involving human interface. Subscribe Here! Email Address.

The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors.

eWorld Procurement & Supply 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Procurement Automation. Internet of Things (the impact on procurement). Procurement Advocacy and Stakeholder Engagement. Getting to Grips with Cloud-Based Procurement.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

3 Reasons Why Procurement Transformations Fail!

Supply Chain Game Changer

What’s the Difference between Procurement and Purchasing? I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). What Procurement dreams are made of!

The 3 Pillars of Digital Procurement!

Supply Chain Game Changer

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.

How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7.

6 Lessons for Procurement Digitization

ivalua

Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurement innovation is going to require strong leadership and expert guidance. Procurement digitization is the result of having innovative leaders such as Sylvie Noel, CPO of Covéa.

Transportation Procurement in India

CHAINalytics

By Linsa Godwin Sathiamoses | Consultant, Transportation, Chainalytics | Procuring transportation services is an important activity on the supply chain calendar. It is also one area where every procurement manager thinks he or she is doing a good job, until proven otherwise.

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Data Sharing in Procurement – Think Bigger!

All Things Supply Chain

The amount of time that users spend on Facebook declined by 50 million hours… Procurement Management Supply Chain Management procurement procurement planningCollecting data is part of what makes the big players like Google and Facebook so successful.

Procurement Outsourcing – Keep your Integrity!

Supply Chain Game Changer

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. Procurement typically negotiates deals for other functions like I/T, HR, Manufacturing and every other area in the company. When selling Procurement Outsourcing services you need to have a lot of credibility to begin. Subscribe Here!

eWorld Procurement & Supply September 2016

Supply Chain Movement

eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. Since 2001, eWorld Procurement & Supply has provided a unique insight into the latest innovations and technologies for senior procurement, supply chain and finance executives.

4 Reasons to Integrate Order-to-Cash & Procure-to-Pay

Take Supply Chain

Bundling order-to-cash and procure-to-pay functions not only gives companies a holistic view of their supply chain operations, but also improves decision-making and business growth. The post 4 Reasons to Integrate Order-to-Cash & Procure-to-Pay appeared first on TAKE Supply Chain.

Breaking Procurement Tech News- JAGGAER to Acquire BravoSolution

Supply Chain Matters

Procurement spend managing software provider JAGGAER made a sudden acquisition announcement today, indicating plans to acquire rival procurement technology provider BravoSolution for an undisclosed sum. Procurement and Sourcing Supply Chain Technology Inc. JAGGAER JAGGAER acquisition of BravoSolution Supply Chain Matters

Breaking Procurement Tech News- JAGGAER to Acquire BravoSolution

Supply Chain Matters

Procurement spend managing software provider JAGGAER made a sudden acquisition announcement today, indicating plans to acquire rival procurement technology provider BravoSolution for an undisclosed sum. Procurement and Sourcing Supply Chain Technology Inc. JAGGAER JAGGAER acquisition of BravoSolution Supply Chain Matters

eWorld Procurement & Supply

Supply Chain Movement

eWorld Procurement & Supply. eWorld Procurement & Supply in association with The Chartered Institute of Procurement & Supply (CIPS), is the UK’s leading event focusing on the use of leading-edge technologies and techniques within the procurement & supply chain functions.

Procurement – The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out What Exactly Is Procurement? When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. One of the key issues in having areas give your Procurement team spend control is expertise.

Procurement: The Spend Aggregation Obstacle Course!

Supply Chain Game Changer

Check out Procurement – How to Enable Spend Aggregation! When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. As mentioned previously Procurement people are very proud.