Procurement technologies are moving at a rapid pace, and the additions of AI and machine learning are transforming how procurement and finance leaders add massive value to their organizations. The bottom line? AI helps you find cash and save money right away, everyday.
About 90 days into your new CPO role, it’s time to implement the final component of your launch plan: the design, documentation, and execution of your strategic vision and plan for procurement.
CPO, Karoline Dygas joined Nordstrom in 2019, where, among other things, she supports all of the organization’s indirect spend. At Nordstrom, indirect spend is everything outside of the merchandise sold in the stores. Prior to Nordstrom, Dygas spent five years at Starbucks, where she led the Global Sourcing and Store Development Supply Chain, and before that she was senior director of strategic sourcing at Walgreens.
What is Spend Agility? Spend agility is the ability for enterprises to rapidly assess, predict & change spend, investments and operations strategy in real time, to capture value-creation opportunities.
Overview: BT Group Chief Procurement Officer Cyril Pourrat and Sr. Transformation Officer Adam Brown discuss how they are powering “the salesforce of the bottom line” at BT Group using Suplari for spend analytics, spend intelligence and spend agility. CEO of the Sourcing Industry Group Dawn Tiura interviews Cyril Pourrat, Adam Brown and Suplari CEO Nikesh … Read More
In today’s world of dispersed teams and even entire enterprises, due to COVID, asynchronous communication, planning and collaboration are critical to success. The ability to take action rapidly, based on the data and insights, has separated Suplari customers from the rest. Executive leadership, CPOs, CFOs, procurement and finance teams, needed to swiftly collaborate with suppliers and triage spend as COVID changed the landscape in early 2020.
Media News Group Chief Procurement Officer Jeff Ball is using spend analytics and Suplari to renegotiate spend and payment terms with his top one hundred suppliers amidst 2020’s coronavirus crisis. Understanding spend across the enterprise puts him in a better position to negotiate terms. Suplari insights also enable Media News Group to capture rebates from … Read More
Today, we are announcing the ability for ScoutRFP RFP customers to integrate with Suplari’s advanced spend analytics, reporting and insights platform. Scout RFP is a leading strategic sourcing and supplier engagement platform, while Suplari delivers AI-driven analytics and insights for procurement & finance teams.
Now more than ever, companies need actionable insights from their data to improve performance in every part of the organization and to help weather Covid-19 and all its economic impacts.
Procurement leaders must urgently spearhead a campaign to help their businesses endure the coronavirus recession and lay a solid foundation that maximizes future business opportunities. This article outlines how procurement teams can formulate effective Cash Management, Supplier Management, Risk Management, and Spend Management Strategies that help mitigate the effects of this (or any future) crisis. … Read More