Top Trending LinkedIn Posts about procurement

What is a Procurement Approval Matrix? (10 key questions every procurement leader needs to know the answer to)

📍 Procurement leaders, do You know

The world 🌎 hit a new record of $315 trillion in global debt in Q1 2024.
Which markets and sectors are leading this

Procurement Toolbox # 1: Category Management

Procurement: are you often asking for funds?

Are you trying to get on the agenda of a board of directors meeting?

Are you asking for

Procurement transformation is essential.


With years of experience in procurement transformations, I've learned what works.

Here are my top 5

Nobody in Procurement talks about the mental health impact of non compliance.

5 years ago it would hit me hard

- why is

Suffering from a touch of triskaidekaphobia this Friday the 13th?

Wrap the week with some positive news - and good luck! - by listening

Procurement is the new competitive advantage.

Delivering value well beyond cost savings.

Here’s what businesses often miss:
 
- Save Money

The Procuretech prophecy -  a choice between salvation and annihilation 🔮 (choices to be made)

📍 In the annals of technology, there is a prophecy

Procurement knows everything about anything. The OG 'business intelligence.' Here's why...

Procurement:

- Works with every single department
- Knows what they buy and from whom
-

Procurement is incredible to work in and here’s why.

10 - Exposure to the CEO and the CFO
9 - When done right, you’re working

Procurement leaders, you deserve more than this...

(I've seen this happen too many times)

Being successful with Procurement technology is about mindset.

👉 During the tech

Procurement Models - Your Free Guide 🎁

I’ve just read ‘The Procurement Models Handbook’, by Andrea Cordell & Ian Thompson.

It’s an essential resource for

Procurement only gets 17% of their technology fund.

Why?

James Marland shares it is because most people don't know how to effectively communicate their ideas.

Here's

#procurement #purchasing #directprocurement #indirectprocurement #supplychain

Procurement Technology RFP: 2008 Edition

1. Can it process purchase orders?
2. Is it compatible with our on-premise systems?
3. How long does it take to implement?
4. Will it

Procurement is more than a function of finance.

It's a function of the whole business.

The entire organization.

Procurement:

- Helps every department
- Knows why, how, &

Procurement is more than just buying.

But for many it’s become a race to the bottom when it shouldn’t be.

Don’t get me wrong.

Cost reduction

Procurement has a massive impact on a company's bottom line, influencing both sales AND costs.

Think about this: In a typical manufacturing firm, procurement manages over half of
every dollar

Procurement people - what do you like about working in it?

Procurement Pros use Should-Cost Modelling

This is why…

COST BREAKDOWN
Description: Back of envelope giving a steer of main cost buckets

Eg - an item costs

🌀 Transforming procurement dynamics – are You in the right quadrant? I recently had a conversation with Pawel, a sourcing manager facing a

Ever stared at a procurement request and thought, "𝑾𝒉𝒆𝒓𝒆 𝒅𝒐 𝑰 𝒆𝒗𝒆𝒏 𝒃𝒆𝒈𝒊𝒏?" 📋😵 I've been there too.

Getting your procurement method right can

Finance for Procurement in 2 Minutes!

You might report to CFO. Or you might not.

Either way, it’s smart to have them in your corner.

Procurement's future looks different. And it's okay.

13 things you're probably seeing:

- AI
- EI
- Fun
- Slang
- Smiles
- Emojis
- Collabs
- Hoodies
- Laughter
- Sneakers
- Simplicity
- Quickness
-

90% of Great Procurement is Really Just Strategy

And it's easy to break down.

Strategic procurement is simply about making smart, long-term choices.

The Why

Procurement helps

I'm sorry. If 'Procurement' reports into the Head of Supply Chain and their biggest task is pushing POs, you've got yourself a Purchasing

Procurement is a scam.

They've lied to us.

They sold us the dream—big negotiations, global travel, high-level strategy.

But what did we get?

- Excel spreadsheets
- Endless

𝐏𝐑𝐎𝐂𝐔𝐑𝐄𝐌𝐄𝐍𝐓 𝐁𝐈𝐃𝐒 𝐀𝐍𝐃 𝐂𝐎𝐍𝐒𝐔𝐋𝐓𝐀𝐍𝐂𝐘.

We are open to receive offers from suppliers and consultants interested to Bid for provision of the following goods, services, products,

Procurement... stinks!

Do you to know why?

Because you guys have been CLOGGING my inbox with birthday wishes aaaall day 😂

Thank you from the bottom