Procurement

Talking About a Services Procurement Revolution

Posted: 05/31/2023 - 22:21
Talking About a Services Procurement Revolution

We’ve already seen this shift in our daily lives. For example, these days it’s not unusual to hire someone to do your grocery shopping. When your refrigerator needs replacing, you pay for delivery and installation services for the new one, and pay to have the old one carted away.

And don’t get me started about all the services available when you buy a car.

Behind the Scenes of Retail's 21st Century Makeover

Posted: 05/18/2023 - 19:16
Regardless of whether consumers shop online or in-store, the expectations for on-time, accurate fulfillment are the same. To deliver a seamless digital-to-physical, otherwise known as phygital, shopping experience, retailers must be able to see and accurately sell their inventory down to the last item, for every color and size variation, every time. This means that a retailer doesn’t just need to know it has 10 pairs of Levi’s jeans in-stock.

Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend

Posted: 05/11/2023 - 20:57
Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend
CORK, Ireland – May 2, 2023Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution, which combined with its Sourcing Optimization platform, fuels a revolutionary approach to sourcing.

The New Age CPO: Jim Wetekamp of Riskonnect

Posted: 04/07/2023 - 20:45
The New Age CPO: Jim Wetekamp
1.     As the CEO of Riskonnect, can you speak to your company’s broader ESG and risk management efforts and any outcomes you’ve seen from these initiatives?
 
As a software company, our supply chain is fairly small. We regularly look for ways to reduce the environmental impact of our facilities, computer hardware, and cloud infrastructure hosting services. We encourage employees to minimize travel and leverage virtual meeting tools wherever possible. 
 

How Strategic Outsourcing Can Solve Key Business Challenges

Posted: 03/28/2023 - 21:09
How Strategic Outsourcing Can Solve Key Business Challenges
As a business, it’s ok to admit when you may need a little helping hand here and there. In fact, it may be highly beneficial to do so.
 
Outsourcing means businesses can delegate menial tasks to third-party companies and concentrate their efforts on more pressing matters, such as customer satisfaction and generating a profit.
 
But what is strategic outsourcing, and how can it help you overcome common business challenges? 
 
 

What is strategic outsourcing?

Delivering Sustainable Business Value Through The Procurement Analytics Maturity Model

Posted: 03/21/2023 - 02:22
It’s been 3 years since the start of Covid-19 pandemic, and it is hard to believe what all the world has gone through in these 36 months. Fortunately, barring a few countries, Covid-19 has all but fallen out of newspaper headlines and businesses all over the globe are trying to get to the pre pandemic velocity. However, business leaders continue to exhibit pessimism towards the economic environment citing inflation, supply chain risks, trade policy shifts, global energy crisis and fear of an upcoming global recession. 
 

2023 Future of Sourcing Awards Call for Entries Now Open

Posted: 03/16/2023 - 02:33
2023 Future of Sourcing Awards Call for Entries Now Open
JACKSONVILLE, Fla.-- SIG|ORG (Sourcing Industry Group), the membership organization that provides thought leadership, networking and training opportunities to executives in sourcing, procurement, outsourcing and third-party risk, invites organizations across the world to submit entries for the 2023 Future of Sourcing Awards.
 

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