Flevy

OCTOBER 23, 2023

The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. What’s needed in this era is an inclusive, long-term purchasing and supply management strategy.

Supply Chain 102

Supply Chain Procurement Suppliers Digital Transformation 102

QYMATIX

APRIL 19, 2022

Key Performance Indicators (KPIs) are also used to manage companies in the retail and wholesale sectors. The digital transformation does not stop at medium-sized wholesalers either. In concrete terms, this involves the digitalisation of procurement, production and distribution processes — a unique challenge for retail companies.

Artificial Intelligence 52

Artificial Intelligence Retail Procurement B2B 52

Deep Insight

DECEMBER 1, 2022

In Brendan’s view, the best way to hold profit margins and reduce erosion is to manage Engagement Efficiency. The client will always tell you price is a problem, and you know it’s going to be part of the conversation with a professional procurement team. • Here’s how he defines it: So you've made promises during the sales campaign.

Profitability 52

Profitability Procurement B2B Digital Transformation 52