Digital Procurement Report: Zooming in on Data

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After looking at some of the general takeaways from our online survey “Digital Procurement: Just Hype Or The New Standard?” regarding the current level of digitalization and the priorities for investments, we now want to dig into one of the key value propositions of Digital Procurement: integration. Data is more important than ever As we mentioned […]

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Deloitte CPO Survey 2018: A Need for Strategic Leadership

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It’s that time of year again…the Deloitte CPO Survey 2018 is here! For the past seven years, the survey has been a valuable benchmark for trends, developments, issues, and challenges in procurement as seen by procurement leaders around the world. This year, over 500 procurement leaders from 39 countries participated in the survey, providing key […]

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Procurement Through the Ages

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March is National Procurement Month: a fine time to review procurement’s history and evolution. In the ancient world, supplies, materials, and workers were routinely recorded. One of the earliest known examples of this date back to the construction of the The Great Pyramid of Giza (2325 BCE). Using papyrus scrolls, scribes tracked orders through fulfillment, […]

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Key Findings from Our Digital Procurement Report

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Digital Procurement is the buzzword on everyone’s lips these days. The widespread digitalization that has characterized industry 4.0 is considered to be the greatest revolution to impact procurement in decades. Expectations for new technologies and their application in procurement are high. Technology has already fueled the transformation of many work areas and processes, and these […]

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How Can Benchmarking Really Inspire You To Be Better

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By now, we all know that procurement is at a crossroads. Procurement professionals are no longer content to work in the “post office” of their companies. They see opportunities to become leaders in business and to work strategically. At the same time, supply chains are becoming more complicated, with more opportunities – and more risks. […]

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7 Ways to Take Control of Your Costs Through Spend Analytics

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Key spend analytics insights afford higher education procurement teams more strategic decision-making, higher visibility into suppliers, and consolidation of resources for a competitive advantage. In a time when education costs have skyrocketed to astronomical proportions, CPOs have a unique opportunity to contribute strategically to optimizing and streamlining operational costs for their universities and colleges. And […]

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How to Improve the Value of Procurement: Is Your ERP System Enough?

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As chief procurement officer (CPO), is one of your goals to be considered a more relevant, strategic area for the company? If the answer is “yes”, here are four ways to improve your value through eProcurement. No doubt, the number one challenge which manufacturing organizations face today is to reduce cost while increasing efficiencies. But, […]

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