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Wondering how supplier intelligence can enhance your operations? Unsure what best-in-class supplier performance looks like? ⚡ 72% state that supplier performance data has unlocked improvements in supply resilience. ⚡ 100% of high performers state that supplier performance data is driving a high or extreme impact on efficiency We are sharing the findings of our recent research with ProcureTech, and diving into what the survey results mean for the state of supplier intelligence. Our CEO & Founder Malin Schmidt and Head of Product Laura Chavarria will join Lance Younger (ProcureTech), Rory Lamont FCIPS (CPO, Siemens Mobility), and Daniel G. Wilson (Head of Indirect Procurement, Philips). During the session, we will discuss: ✨ Supplier intelligence best practices ✨ Procurement’s top supplier performance priorities ✨ The weaknesses holding supplier management initiatives back Register here 👉 https://lnkd.in/gGEE9DAk See you there! #ProcureTech #KodiakHub #Procurement #CPO #DigitaLeaders #SupplierIntelligence #SupplierPerformance

🔍 Wondering how supplier intelligence can boost your operations? ⚡ 72% say supplier performance data has improved supply resilience. ⚡ 100% of top performers report a high impact on efficiency from it. We're sharing key findings from our research with ProcureTech. Join our CEO Malin Schmidt and Head of Product Laura Chavarria, alongside leaders from Siemens Mobility and Philips. 💡 Topics: ⚡ Best practices in supplier intelligence ⚡Top supplier performance priorities ⚡Weaknesses holding supplier management initiatives back Register now 👉 https://lnkd.in/gGEE9DAk #ProcureTech #KodiakHub #Procurement #SupplierIntelligence #SupplierPerformance

📢 ATTN: #SupplyChain professionals 📢 — Ready to reimagine 💡 🧠 supplier onboarding and management? Connect with us at the @Gartner NA Supply Chain Symposium/Xpo™ 2024 in sunny 🌞 Orlando, FL from May 6-8!. Our folks Megan Diakoumis, Julie Malizia-Greer, and Alex Wong are eager to chat with you about risk mitigation, cost optimization, and harnessing emerging trends (procurement digitization, anyone?) We’re excited to discuss 💬 #SupplyChainStrategy and #SupplyChainManagement — and the important (yet often overlooked 🤔) role supplier onboarding and management plays in both. Stop by booth #7️⃣0️⃣8️⃣ in the Procurement Solution village or schedule a 1:1 🤝 meeting to discover how our automated supplier onboarding and management platform can help you: 🛡️ Significantly reduce the risk of fraud 🔄 Streamline supplier onboarding and management to reduce cost 🦾 Leverage the power of automation to optimize your payments strategy https://hubs.li/Q02tDqq00 And comment below 👇 about what you’re most excited to learn 🧠! #GartnerSC #GartnerSupplyChainSymposium #procurement #optimization #riskmanagement #supplieronboarding #suppliermanagement #supplierrisk #riskmitigation #costreduction

Supply chain challenges are a reality in today's business landscape. To excel, procurement must transition from cost-cutting to strategic value delivery. My focus areas include: - Cultivating Strong Supplier Partnerships and Connectivity - Leveraging Data for Informed Decision-Making - Prioritizing Repeatability, Adaptability, and Sustainability What procurement strategies do you employ to foster success?#SupplyChainManagement #DataDrivenDecisions #BusinessGrowth #OperationalExcellence

Here are five highly effective procurement strategies for 2025: 1. The first strategy involves optimizing the supply chain for enhanced efficiency. 2. The second strategy focuses on managing supplier risks effectively. 3. The third tactic emphasizes the importance of centralizing supplier data. 4. The fourth strategy is the development of predictive analytics to inform decision-making. 5. Finally, integrating into the broader innovation ecosystem is a key component of a successful procurement strategy. In my view, I would prioritize Strategy 5 and proceed in reverse order. This approach will facilitate necessary adjustments within our Supply Chain and ensure we remain agile in a rapidly evolving environment. What are your thoughts? #procurement #supplychain #strategiesofsupplychain

 “It's not about what it is, it's about what it can become.” - Dr. Seuss Fantastic day spent at the Procurement & Supply Chain Live 2024 catching up with some old friends and making some new ones. There was a range of topics covered on Day 2 with the common, and most important, themes very much at the fore: Sustainability & Scope 3, Supply Chain Visibility, Risk & Resilience and AI. Supported by some great and inspiring people; the keynote speakers, fireside chats and panel discussions were full of insight and experience that everyone could take something away from. For me, the key takeaways were; ✅ The power of collaboration: getting to know and align with your suppliers ✅ The value of Supplier Relationship Management (assuming you do it right!) ✅ The need for standardisation: some problems require a common solution ✅ The importance of available, accessible and quality data (data-centricity) ✅ People, and there are great people working in procurement & supply chain! A lot of this is not new but it is being applied to new challenges and supported by some exciting tech developments, which were on show with case studies and practical examples of how to engage, employ and excel with them. It was my first time at this particular event, it will not be my last. #PSCLiveLondon

🚨 ATTN: #SupplyChain professionals! Raise your hand ✋ if you’re at the Gartner NA Supply Chain Symposium/Xpo™ 2024 in Orlando, FL! We want to connect! Come find us if you want to chat 💬about 🌟transforming🌟 supplier onboarding and management as part of your #SupplyChainStrategy. Visit us at booth #7️⃣0️⃣8️⃣ in the Procurement Solution Village or set up a 1:1 🤝 session to see how our automated supplier onboarding and management platform can enhance and streamline your supplier management processes while lowering costs 📉. #GartnerSC #GartnerSupplyChainSymposium #procurement #optimization #riskmanagement #supplieronboarding #suppliermanagement #supplierrisk #riskmitigation #costreduction

🌟 NEW IDC STUDY: Customers realize $14 million in annual benefits with Zip! https://lnkd.in/gYUHbedA We’re proud to announce the recent IDC Business Value report on the Zip Spend Orchestration Platform by Patrick Reymann and Matthew Marden. 📊 IDC conducted in-depth interviews with five global enterprise organizations using Zip and uncovered transformational results. Here are the standout findings from the IDC Report showcasing the immense value Zip provides: ➕ 3.6% annual spend savings ➕ 47% increase in spend under management ➕ 55% faster procurement cycles ➖ 73% reduction of ad-hoc purchases ➕ 2X increase in compliant purchases Curious to know the full IDC findings? 📑 Download the full report to learn more about the incredible value Zip can provide for businesses looking to transform procurement orchestration. 👉 https://lnkd.in/gn_WhDwE

📈 Optimizing Your Supply Chain with Data-Driven Supplier Relationships 🚀 Tired of inefficient supplier management? Harness the power of benchmarking to elevate your Gestión de Relaciones con Proveedores y Socios! Here's how: 1. Identify Key Metrics: Define the most important performance indicators for your supply chain, such as on-time delivery, quality, cost, and sustainability. 2. Benchmark Against Industry Leaders: Analyze data from top performers in your industry to understand best practices and identify areas for improvement. 3. Develop Actionable Insights: Use the benchmarking data to create a roadmap for enhancing supplier performance, fostering collaboration, and driving cost reductions. 4. Implement and Track Progress: Continuously monitor your progress against benchmarks and adjust your strategies as needed. This data-driven approach will: Boost operational efficiency: Streamline processes and optimize resource allocation. Drive sustainability: Promote environmentally responsible practices within your supply chain. Reduce costs: Negotiate better prices and minimize waste. #SupplyChainManagement #Benchmarking #GestiónDeProveedores #Sustainability #CostOptimization https://lnkd.in/e6bZd3eY

Unlock actionable insights that drive smarter #sourcing decisions! 🛠️ With #DragonSourcing’s Procurement Intelligence https://lnkd.in/dmb2bfZt you gain the competitive edge through market analysis, supplier insights, and data-driven strategies. Empower your procurement to reach new heights! 💼🌐 #ProcurementIntelligence #DragonSourcing #SmarterSourcing #SupplyChain #BusinessStrategy