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.
Suplari was included in a recent Kearney article The future of procurement: moving beyond mediocre technology discussing the challenges and failures of legacy Procurement technology.
Join industry expert and procurement futurist, Elouise Epstein of Kearny and Suplari CEO Nikesh Parekh as they discuss critical risks of legacy category management practices and how to overcome them. Topics Discussed: • What is Category Management • Traditional Category Management • The “Dashboard” is dead • Category Management going forward • How automation will … Read More
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.
In our prior posts, we discussed how to understand the business culture, stakeholders, and how to assess your procurement organization’s maturity. Now that you have these understandings, you can begin to manage the communications, business expectations, and change management necessary for your procurement strategy.
The key question that you must answer in your assessment is what are the specific gaps within your organization and from what maturity level (Beginner to Best in Class) are you starting?
Kearney recently published an article highlighting 10 critical technologies organizations need to adopt to protect against and prepare for more COVID disruptions in 2021. Kearney included Suplari among the list for our excellence in rapid automation in spend diagnostics.
Congratulations, you find yourself in a new role leading a procurement organization. Whether you are a career-long procurement and supply chain professional, or are from finance or a business unit discipline, this can seem like a daunting opportunity and you may be asking yourself, “where do I begin”?
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.
Procurement transformation and utilization is a significant EBITDA improvement initiative for Private Equity (PE) firms.
