The CFO holds the keys to achieving many procurement goals. That means understanding how to interact most effectively with the CFO is critical to a CPO’s success.
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With data being moved to the cloud, Chief Procurement Officers can offer valuable insights into the critical decisions that are being made around that data.
Today, procurement needs to be a part of any company’s ESG program. Analyst Joanna Martinez offers some key ways for chief procurement officers to get a seat at the executive table and effect this kind of change.
How can CPO’s ensure an inclusive approach to their supply chain?In this piece learn how to implement supplier diversity and why “procurement with purpose” is important for your business.
Cloud-native software introduces a new range of considerations — from licensing to software developer’s financials to data ownership — for procurement chiefs to consider.
As companies evaluate AI products to drive innovation, procurement plays a vital role in protecting against AI washing that overstates functionality.
Near-term opportunities to deploy GenAI to drive procurement results include identifying suppliers, fine-tuning contracts, and developing talent.
The new year brings new opportunities that chief procurement officers can take advantage of to deliver greater efficiency.
With the right foundation, Chief Procurement Officer can capitalize on generative AI tools to create procurement efficiencies while maintaining prudent practices.
Generative AI holds the potential to introduce greater efficiency by helping procurement leaders create RFPs. See what our testing of three prominent platforms revealed.
Process mapping is a qualitative view of what’s happening in a business, whereas process mining is a quantitative look based on data. Learn how to use each to improve your procurement processes.
By understanding each other’s roles and demands, CFOs and CPOs can become stronger strategic partners.
CFO Manny Korakis shares tips on the best ways for procurement to get their pitches and requests green-lighted.
Procurement and finance departments don’t always speak the same language, but these tips might just get the CFO on board with the chief procurement officer’s team.
By using proven practices, you can set the right foundation for a meaningful sustainable procurement program that helps your organization meet its goals in this area.
Though it makes for complex sourcing, healthcare cloud migration can be successfully approached with some classic procurement techniques, writes Joanna Martinez.
When you can’t pay less for the goods and services you buy, you may find an opportunity to reduce costs in how you are buying them, writes Joanna Martinez.
Chief procurement officers and CFOs don’t always see financial results the same way, but applying automation to data gathering and analysis can help them get on the same page.
Leveraging procurement pros’ data and process expertise will contribute to sound technology purchases, Joanna Martinez says.
Joanna Martinez and Tony Uphoff debate how CPOs can get a “seat at the table” alongside other C-level executives.