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It shows again and again how important it is to #ChangeTheGame 🚀   Is your Procurement reporting truly aligned with your organisational goals? Dieter van de Scheur delves into this critical question in our latest blog post.   In his article, Dieter explores how typical methods of reporting in Procurement might create the wrong incentives and how these can affect long-term savings. He illustrates the potential pitfalls and offers practical solutions to ensure that procurement practices benefit the organisation as a whole.   Read the full article to understand… …The impact of current savings reporting practices. …The incentive issues that might arise. …How to align procurement reporting with organisational goals effectively.   Read the full blog post here: https://lnkd.in/dYuUAk6z   Let's rethink how we report and recognise savings to truly reflect the value Procurement brings to organisations!   #Procurement #ChangeTheGame #BusinessStrategy #Incentives #GameChanger

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🗣 Excited to announce that Buynamics has been added to ProcureScape as an ecosystem partner 🎉 🎯Buynamics is on a mission to help procurement professionals achieve next-level negotiations. 🌏Procurement wants to know two critical points about its supplier. 🌟 CEO Robert Driessen outlines how a combination of Buynamics #WTP & #VRS solutions can answer those questions and some. 👀 👉 𝗧𝗮𝗸𝗲 𝗮 𝗹𝗼𝗼𝗸 𝗮𝗻𝗱 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 https://lnkd.in/e-pMq_27 #procurement #supplychain #saas #procurementtechnology #spendmanagement #costefficiency #costsavings #suppliermanagement Yorick van der Steen

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"Rethinking Supply Chain" - Book Conference - June 5th - Vlerick Brussels Case 3 - Strategic supply chain transformation at Media Markt Saturn Joeri Kuik will introduce us to the challenging strategy transformation at Media Markt Saturn: from the traditional "consumer electronics" model of the 80s to the omnichannel "experience electronics" of the 20s. Joeri will explain how Media Markt Saturn is reinventing the E2E supply chain, in physical assets, in processes, in supporting systems, in organization. He will explain how to cross the valley of death, where you are making major investments that must be recuperated from thin margins. I will briefly introduce how to include sustainability and resilience into the more traditional strategic trade-offs like do we want to compete on price, on product quality or on offering. I will show how to translate strategic choices into the supply chain design, into costs and investment levels, and into non-financial social and environmental parameters, defining our broader sustainability impact. As the chairman Frank Vorrath will drive an interactive discussion on where we are, where to go, and how to get there. Let's learn from each other! Want to know more? Join our free book conference June 5th. You can subscribe via the following link or by sending me a DM. #SupplyChain #BookLaunch #Solventure #VlerickBusinessSchool

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🚀 𝗗𝗮𝘆 𝟭 𝗮𝘁 𝘁𝗵𝗲 Procurement Leaders | A World 50 Group Community 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝗖𝗼𝗻𝗴𝗿𝗲𝘀𝘀! 🚀 We’re here and ready to talk procurement! Swing by Booth #10 and meet the JAGGAER and BearingPoint team. Join us at Booth #10 to start your procurement transformation journey. Let’s connect and discuss innovative solutions together. #APPC2024 #ProcurementLeaders #JAGGAER #BearingPoint

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Check out the ten core actions McKinsey & Co says will help procurement leaders address the ever-changing environment in which they work and drive sustainable impact within their organizations and prepare for the future:

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It's a special moment for OMP... 🙏 After 25 years of inspiring leadership and 40 years with the company, we honor Anita Van Looveren as she steps into her new role as Chairwoman of the Board. Thank you, Anita, for your dedication and the lasting impact you've made as our CEO. Your leadership has truly shaped OMP into what it is today. 🚀 Congratulations to Paul Vanvuchelen as our new CEO! With your vision and experience, Paul, I’m excited for the next chapter of our journey in advanced supply chain planning. Wishing you both a lot of success in your new roles. Learn more about this new chapter via the link below. #leadership #supplychain #innovation

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Hello Fellow Procurement Leaders, I am pleased to share Jennifer’post of the CPO Strategy Procurement Playbook on AI. The potential for AI to drive growth, value, and efficiency in procurement is remarkable. 🚀 However, it is essential to navigate the complexities of supplier contracts and stay informed about new regulations. 📚 This playbook provides valuable insights on leveraging AI while addressing these critical considerations. 🌟

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It’s good to be #1 right, but it’s even better to know that we are changing procurement’s ability to succeed. Focal Point founded by procurement people. An not only thinking about intake, let’s orchestrate all of procurement. Let’s change the rules. Let’s get more value out of your current systems. https://lnkd.in/eK8jTvZK

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Transforming procurement isn’t about doing more—it’s about doing what matters. Simplifying processes and reallocating resources to strategic initiatives can deliver results that resonate across the organization. The courage to let go of outdated practices is where true transformation begins! Leaders who prioritize alignment with business goals will redefine procurement’s role in driving measurable impact. #ProcurementLeadership #Efficiency #ValueCreation SupplyChain360 Read more 👉 https://lnkd.in/eSNutxz2

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According to Economist Impact study,https://buff.ly/3BA5WLE orgnisations spend around 15% of total orgnisational spend on contingent labor. Thsi is an interesting article that looks at procurements role in helping manage the total workforce requirements for orgnisations. Procurement Embraces Its Workforce Strategy Role - CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT https://buff.ly/48mJphK

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✅ Making procurement awesome is a personal mission of Michiel Junge 🙋🏼‍♂️ Moving from an operator/steward to a strategist/catalyst is a key objective for NextGen procurement leaders #deloitte #procurement #awesome #nextgenCPO

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"We already see solutions where AI is applied at two levels at once, where procurement teams use AI for the own benefit and extend their AI enabler to their suppliers, accelerating the transformation to more efficiency across the supply chain" Laurent Pirard The digitalisation of the supplier experience and supply chain is happening faster with this generation of solutions... often driven by suppliers rather than customers. #digitalleaders #digitalprocurement #cpo #ProcureTech #procurement

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"Rethinking Supply Chain" - Book Conference - June 5th - Vlerick Brussels   Case 1 - How H&M is using the Supply Chain Triangle as the foundation for Supply Chain Design, Planning and Monitoring   Jesper Metz will explain how H&M has embedded the triangle as the foundation of any supply chain trade-off, whether it is on a more strategic level in the supply chain design, in supply chain planning, or in supply chain dashboarding. I will briefly explain how to expand the triangle to include a social and environmental dimension as a basis for incorporating sustainability into our strategic trade-offs and our tactical planning processes. As the chairman Frank Vorrath will drive an interactive discussion on where we are, where to go, and how to get there. Let's learn from each other!                                                                                Want to know more? Join our free book conference June 5th. You can subscribe via the following link or by sending me a DM. #SupplyChain #BookLaunch #Solventure #VlerickBusinessSchool

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It is so important to have the right people in place to use the right tools.

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How can McKinsey & Company's insights on procurement maturity boost your business profitability? Riccardo Drentin, Partner at McKinsey & Company, and Samir Khushalani highlight the role of digital tools, data analytics, and innovative strategies in achieving procurement excellence. #BusinessProfitability #DigitalTransformation #DataAnalytics

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