Where does your business stand on a procurement maturity level? If you want to improve something, a good first step is to evaluate where you are and determine your strengths and weaknesses. The ...
In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function”, sponsored by SAP, surveyed executives share increased confidence in procurement to ...
Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.
The procurement landscape is undergoing a seismic shift, and one of the most pressing challenges procurement leaders are facing today is finding and securing the right talent. According to a recent ...
The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...
In today’s complex healthcare landscape, Chief Financial Officers (CFOs) face constant pressure to optimize resources and maximize value. While clinical excellence is still paramount, a strategic ...
The COVID-19 pandemic brings about a remote work order to comply with social distancing requirements. The changes brought about by the pandemic are here to stay and will manifest into a new normal in ...
What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...
Businesses grow, change, and evolve due to technological advancement, continuous refinement of operational processes, and modernization of industry best practices. But true transformation often comes ...
The procurement function continues to see its value within organizations grow, yet there remains work to do as one-third of “C-suite executives lack the confidence in procurement’s abilities” ...
CPOs today are taking on a more strategic and proactive role aligned with the core organizational objectives—a trend accelerated by Covid-19. As companies around the world adjust to a changing ...
With a renewed focus on "doing more with less," many organizations are looking at how the adoption of lean processes can increase efficiency and thus grow their bottom line. Lean programs within ...