The digitalization of procurement
One of the key benefits of digital procurement is its ability to provide real-time data insights. By leveraging analytics and artificial intelligence, businesses can gain deeper insights into their procurement operations, identify areas for improvement, and make data-driven decisions. This not only enables businesses to be more proactive in their procurement activities but also helps them to better manage their supplier relationships.
Digital procurement is the future of procurement. To succeed in today's business landscape, it's essential for businesses to embrace digital procurement and harness its benefits. By doing so, businesses can save time, reduce costs, increase transparency, and improve collaboration with suppliers. Here, you can read up on all the latest insights!
Digital procurement is the future of procurement. To succeed in today's business landscape, it's essential for businesses to embrace digital procurement and harness its benefits. By doing so, businesses can save time, reduce costs, increase transparency, and improve collaboration with suppliers. Here, you can read up on all the latest insights!
Control & Optimization
Read our latest whitepaper about control and optimization within the supplier tail!
CSRD is about to change procurement
EU is launching the Corporate Sustainability Reporting Directive (CSRD) in January, setting new standards for sustainability reporting on completely new heights. We have collected insights tied to this and formulated questions to help you as a procurement executive stay on top of the evolving landscape.
Unraveling the Supplier Tail: Navigating Challenges and Opportunities in Supplier Management
In the fast-paced world of global business, the "supplier tail" is a hidden gem waiting to be explored. It's the extensive list of suppliers that may seem insignificant but can demand significant resources to manage. From Sweden to the global stage, the procurement tail spend is a massive challenge, but it's also an opportunity. With strategies like digital solutions, supplier consolidations, and a focus on ESG criteria, companies can transform this overlooked area into a success story.
Embracing the Future of Procurement: Rising to the Challenge
Procurement leaders, the future is here and it's exciting! Expectations are high, but so are the opportunities for growth. With increasing workloads and reduced resources, the need for efficient procurement processes is more crucial than ever...
Embrace the Power of Technology to Revolutionize Procurement
Are you curious about how technology can empower your procurement organization? We have something special for you! Our latest article takes a closer look at the world of technological solutions that can enhance your procurement operations and drive success in today's ever-changing business landscape.
Inflation
The worrisome consequence is that organizations face an inflationary cost increase of up to 10% (and sometimes more) on a very significant proportion of their cost base in 2023. Depending on procurement maturity and industry anything from 20-50% of the cost base is unmanaged...
