13 Popular Procurement Trends in 2025 & Beyond
Explore the Procurement trends, predictions, opportunities, challenges, and technology that will shape the future of sourcing in 2025 and beyond...
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Supplier Performance Management: Best Practices
Learn how to manage supplier performance with clear KPIs, monitoring tools, and proven strategies to enhance supply chain efficiency and reliability.
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What Is Supplier Onboarding & How to Build an Effective Process
Discover what supplier onboarding is and how a clear vendor onboarding process with checklists can streamline workflows and enhance supplier relationships.
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Kodiak Hub Secures €6M Investment to Revolutionize Procurement with AI-Powered SRM
Kodiak Hub is proud to announce €6M Investment from Oxx VC for its revolutionary AI-powered Supplier Relationship Management platform.
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Vendor Due Diligence: Checklist & Best Practices
Vendor due diligence is the process of collecting and reviewing supplier information. Here's all you need to know about Vendor Due Diligence in a checklist...
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The Top 10 Best Vendor Management Software Providers in 2024
Find the best Vendor Management systems in 2024. Compare features and use cases to find the best software for streamlined vendor management.
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CRM for Supply Chain Management
If you're researching a CRM for Supply Chain Management, you might actually be looking for an SRM system. We'll explain why!
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Supplier Relationship Management (SRM) in Banking
Learn how SRM in banking strengthens supplier partnerships, boosts compliance, manages risks, and drives efficiency. Key benefits, practices & more.
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How To Get High Quality Suppliers Through Supplier Qualification
Supplier & vendor qualification helps businesses assess and select reliable, high-quality suppliers and vendors by evaluating their capabilities and standards.
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What Is Category Management? Definition & Best Practices
Category management is a strategic approach in procurement that groups similar products, optimizing spend, driving value, and enhancing business efficiency.
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What Is Supplier & Vendor Evaluation?
Supplier evaluation helps businesses assess supplier performance and ensure quality. Learn how to improve procurement processes by evaluating vendors.
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What Is Supplier Management & Why Is It Important for Your Business?
Supplier management ensures efficient procurement, quality control, and cost management. Learn how it can optimize your business operations and drive success.
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What Is a Vendor Management System (VMS) & Why Do You Need It?
Vendor management is the process of managing the relationships between a business and its vendors. A VMS system makes that process more effective.
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Supplier Development: What It Is & Why Your Business Needs it
Learn what supplier development is and how it helps businesses build strong, long-term relationships with suppliers, driving mutual growth and success.
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What Is Supplier Relationship Management (SRM)?
How can it help your Procurement & Supply Chain team become more efficient, data-driven and achieve better results overall for your business?
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Why SRM for Manufacturing is Crucial
How SRM Helps Companies in Manufacturing Become More Efficient, Sustainable and Produce Better Products
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How to Master Supplier Master Data Management for Procurement Excellence
Explore how optimized SDM with a Supplier Master Data Management system can drive operational efficiency and unlock strategic value for your organization.
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9 ROIs of Adopting an SRM System
Unsure about the ROI of a Supplier Relationship Management platform? Discover the benefits and value that SRM solutions can deliver to your business.
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How & Why You Should Consolidate Your Supplier Data
Learn why consolidating your supplier data leads to a wide array of benefits like improved collaboration, supplier performance and much more!
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Procurement Holds the Currency of Impact
You have the unique power (and responsibility) to create sustainable impact at scale – from saving the environment to improving the livelihood of billions...
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New Whitepaper: Elevating Performance with Supplier Intelligence
Download our new whitepaper in collaboration with ProcureTech to unlock valuable insights about leveraging supplier intelligence to drive performance across...
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CRM vs. SRM: Key Differences
Want to know how a CRM vs SRM differs? We'll walk you through the ins and outs of both and answer all your questions.
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The 8 Best Supplier Relationship Management Software Providers in 2024
A helpful comparison between the 8 best relationship management software (SRM) platforms today: who they are, what they do, and how they differ!
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A New Era of Risk, Resilience, & Supplier Relationships
As businesses redesign their supply chains to mitigate global risk, smart Supplier Relationship Management is essential for building post-globalization...
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From Finding to Signing: Introducing sign(UP) & sign(ON)
From Finding to Signing: Introducing sign(UP) supplier self-registration & sign(ON) document e-signing process automation features
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Navigating the ESG Landscape in 2024
Get an overview of the Environmental, Social, and Governance (ESG) regulations that will come into effect around the world in 2024.
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13 Popular Procurement Trends in 2024 & Beyond
We dive into the most Popular Procurement Trends in 2024 & Beyond as well as revisit some of the previous trends that we predicted last year to see if they...
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From Reports to Results: The Kodiak Hub SRM Value Journey
From Reports to Results: The Kodiak Hub SRM Value Journey of Information, Insights, Intelligence, Innovation, & Impact
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Kodiak Hub's 2023: A Year of Resilience, Innovation, & Strategic Growth
Kodiak Hub CEO & Founder reflects on 2023, a year of resilience, innovation, and strategic growth through smart SRM solutions
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The Most Powerful Executives in the World Shouldn’t Be Left Stranded
Sourcing, Procurement, & Supply Chain Executives are the real heroes - and they shouldn't be left stranded
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Another Year as ProcureTech 100 Pioneers!
Over 4000 solutions were analyzed by a panel of 70 procurement leaders. Kodiak Hub was named as a Pioneer in Supplier Management for the 2nd year in a row!
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Kodiak Hub Named Top 10 Procurement Companies in Europe
Kodiak Hub was recently named Top-10 Procurement Solution in Europe, and we're very excited about it!
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Supplier Relationship Management Tools: Revolutionizing Your Supply Chain
Explore how Supplier Relationship Management Tools can streamline operations, enhance supplier collaboration, manage risks, and drive success in your supply...
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SRM Software: The Key to Streamline Your Procurement Operations
SRM Software streamlines your procurement teams operations by consolidating all data into one Hub - instead of having it scattered in different silos
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5 SRM Software Examples
We're giving you 5 SRM software examples that show you how the world of SRM can differ depending on what your criteria and business needs are.
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How a Supplier Management System Improves Your Business
Long gone are the days where you need to rely on fetching supplier data and information from several scattered sources, only to try to bring them together and...
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The Supplier Is King
Procurement teams have long held a powerful position in supplier relationships. But, it’s no longer a Buyers market. Suppliers are now in the drivers seat.
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Kodiak Hub Secures 5M USD in Series A Funding
“Where CRM was 10-15 years ago is where SRM (Supplier Relationship Management) is today. No business can ignore the increasing demands for transparency &...
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6 Tips to Avoid Your Negotiations Turning Into No-Go-tiations
The goal of your negotiations should be reaching an agreement, which might not be as obvious as it sounds.
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ProcureTech 100 - Kodiak Hub listed as a Pioneer in 2022
Over 4000 solutions were analysed by a panel of 60 procurement leaders, investors and analysts. Kodiak Hub's was named as a Pioneer in Supplier Management!
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The 13 Most Popular Procurement Trends in 2023 & Beyond
We dive into the most Popular Procurement Trends in 2023 & Beyond as well as revisit some of the old trends that we stated from last year, to see if they...
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7 Best SRM Software Providers: A Comparison Between Vendors
We'll look through a list of the 7 Best SRM Providers in the world today: who they are, what they do and how they differ!
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CRM for Suppliers? You Need an SRM Platform
If you're on the hunt for a CRM for your Suppliers - you're really looking for an SRM Platform to cover your needs. Let us tell you why!
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What About Quality? Malin Weighs In
Our CEO and Founder Malin Schmidt has been in the Procurement and Sustainability space for well over 20 years. In this monthly series, she's sharing her...
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A Look Through History’s Most Disastrous Supply Chain Disruptions
Supply chains are slippery things, subject to a variety of risks, many of which are outside your control. Or are they?
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What Do You Do When Your CPO Comes Knocking?
Being able to pull critical information on your supplier base at a heartbeat is how it should look like. Yet, many procurement teams still struggle with this...
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Managing Cyber Security Risks in Your Supply Chain: 4 Examples of Attacks
Cybercrime is on the increase. In 2021, the number of weekly attacks on corporate networks increased by 50 percent year on year. How can your business manage...
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I Work in Procurement & I'm Proud
Procurement isn't Boring. Procurement is Bold. You hold the power to change and impact the global environment and peoples lives. Be proud!
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Supplier Performance Monitoring: Spot Risks Before They Happen
Supplier Performance Monitoring helps you spot risks and keep track of if your suppliers are getting better or worse in certain areas.
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Effective Supplier Appraisal: Don’t Leave it to Chance
Supplier Appraisal is important for choosing the right suppliers. Carter's 10 Cs can help you prioritise when evaluating which suppliers to work with.
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The New EU Due Diligence Law: What It Is, How It Affects You, & Why You Should Care
The EU has drafted a proposal for a new due diligence law that intends to bring in new mandatory requirements for certain companies to follow up and report on
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The Rise of Procurement Excellence
Procurement wants to become excellent; within technology and talent. Procurement excellence teams are those that have been tasked to lead this transformation.
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Why Your Company Needs ESG Reporting Software to Safeguard Future Risks
Why is ESG becoming more important by the day for most companies? And why do they need software in order to keep up with the demands of this field?
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Why Is Supplier Collaboration Important & Which Tools Should You Use?
Why should you bother investing in a collaborative relationship with your suppliers? Won’t it just be more hassle than it’s worth? We believe the opposite is...
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9 Hot Procurement Terms That Everyone Is Talking About
Learn more about the latest and greatest topics being discussed in procurement today and in the future!
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Top 10 Stats: Supplier Relationship Management Software Market (2022)
The Software Segment of Supplier Relationship Management is rising at record speed and we thought we would take a look at some of the Statistics!
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The Many Benefits of Category Management Software Solutions
Category Management Software is a must for companies looking to build long-term, and fruitful Supplier Relationships.
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Making The Case for Supplier Information Management Software
Who wouldn't more accurate and relevant supplier information data?! Supplier Information Management Software is key to competing with the industry leaders.
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5 Ways To Spark Supplier Engagement: Making Vendors Into Partners
The benefits of improving Supplier Engagement are many. Learn what they are and how your organization can collaborate better with your suppliers.
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9 Benefits With Supplier Performance Management Software
The benefits of Supplier Performance Management Software are many. Learn what they are and how your organization can start leveraging these benefits.
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The Key to Procurement Digital Transformation: People
People are the key to digital transformation in Procurement. Make sure you have the right ones on your team!
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5 Advantages With Supplier Relationship Management Software
Supplier Relationship Management (SRM) can be complex. Supplier Relationship Management Software can make things a little bit easier.
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Procurement's Dirty Little Secrets
It's time to air Procurement's dirty laundry. The first step to overcoming procurement barriers is addressing the problem head-on!
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Kodiak Rating Changes Name to Kodiak Hub
Kodiak Rating completes brand evolution and announces change of name to Kodiak Hub.
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15+ Do's & Don'ts for Your Procurement Team
Improving within a procurement is a continuous uphill battle and – sometimes – the easiest way to develop and innovate is to review the basics, and also to...
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Supplier Relationship Management Is the Heart of Sustainable Procurement
At the heart of any sustainable procurement strategy and practices lie one common denominator; Supplier Relationship Management (SRM).
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Finding Your Procurement Team’s North Star Metric
What's your Procurement team's North Star? A "North Star", a metric must do three things: drive revenue, customer value, and measure progress.
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5 Ways Supplier Ratings Can Help Procurement to Buy Smarter
Adopting a framework, process and system for Supplier Rating will help you and your procurement team to buy safer, smarter and more sustainably.
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How To Build a Digital Procurement Ecosystem in 8 Minutes
Instigating the mapping/implementation of a digital procurement ecosystem requires a definition of the elements in the process you’d like to digitalize.
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Procurement & Sustainability: Your Company's Yin & Yang
Procurement and sustainability are your business' Yin and Yang. The question is; are you harnessing the natural power they create together?
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Responsible Sourcing: How To Make Sustainability Happen, For Real
Responsible Sourcing is a business-critical activity, in which participating actors are equally accountable for the impact made during trade.
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The Secret Recipe for Smooth Supplier Management
Kodiak Rating team shares our secret family recipe for smooth supplier management including strategy, process and solutions. Bon Appétit!
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Your Procurement Team's Flywheel: Turning Good To Great.
Take a second to locate success and start to find and refine your procurement team’s flywheel, and make it spin to create momentum!
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Procurement Terminology Is A Mess
Sometimes we, as procurement professionals, don’t even know what we’re about. Procurement terminology is a mess, and it's time to clean it up!
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Supplier Diversity: One Small Step for Procurement, One Giant Leap for the World
Supplier diversity is not just a business decision, it's a human decision, and it's time that procurement challenges the status quo.
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30+ Ways To Conquer Supplier Risk & Performance Management
Supplier Risk Management and Performance Management are the building blocks to long-term, and fruitful, supplier relationships.
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7 Common Signs of Excellent Procurement Teams
Procurement is at a cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine.
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What's Procurements Place in the Value Chain?
Where does Procurement stand in your organization’s Value Chain? Is it valued as a primary activity? Or, is it still considered a support function?
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Best-of-Breed Isn’t the End of End-to-End in Procurement Technology
Best-of-breed procurement solutions are the à la carte offering necessary to curb the digital appetite of procurement organizations.
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Supplier Engagement: How Procurement Teams Can Learn From Marketing Automation
Is there lessons to be learned for your Procurement Team from your Marketing Team? Marketing Automation poses a fresh outlook for Supplier Engagement!
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Procurement's Most Valuable Players
Look to your left, and now your right, and maybe even in the mirror. You can likely spot the MVPs in your procurement organization.
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Project Procurement vs. Category Management: What's Right For You?
Category management is applied for strategic and long-term value added whereas project procurement is focused on creating short-term wins.
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7 Trending Business Practices Disrupting Traditional Procurement
Procurement is a business function that has undergone a lot of change, and now requires innovative business practices to shake up traditional procurement.
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A New Age of Negotiation: What’s in It for We?
There are two sides to every negotiation table. ‘Winning’ a negotiation shouldn’t come at the expense of another’s ‘loss’.
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Procurement: Drowning in Data, Starved for Intelligence
It’s important to take a second and ask yourself; How can my procurement organization turn data & information into insights & intelligence?
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ProcureTech: A Fast-Growing Software Category No One Is Talking About
The ProcureTech domain offers various solutions for business challenges, and could see an expansion of the market during the coming years.
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Do You Know Your Best Supplier?
Who is your best supplier? If you don’t know, chances are you need a new framework for supplier performance evaluation.
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COVID-19: Is This the Death of Global Supply Chains?
Will COVID19 create a Death of Global Supply Chains and a rebirth of Local Supply Chains? Or, have we just begun ‘Going Global’?
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What if Your Supplier Had a Yelp Review?
Supplier ratings and supplier scorecards help procurement pros quickly understand where there are risks and opportunities in their supply chain.
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Procurement Teams Want Pretty Simple Solutions
Why Good User Experience And Interface Is Crucial For Procurement Software.
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Business Continuity Plan Activated Due to COVID-19
Kodiak Rating personnel are urged to work remotely, and none of our current employees have been affected by the Covid-19 virus.
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An Open Letter to the Coronavirus
Dear Coronavirus, Supply chains are halting to a stop, and there is a growing uncertainty of how to manage these disruptions.
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How to Buy a ProcureTech Solution & Actually Use It
Best practices to buy a ProcureTech solution, and actually use it! Tips from a ProcureTech provider that you could use to buy and use ProcureTech solutions.
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The Hitchhiker's Guide to Digital Procurement
Kodiak Rating has prepared a list of things you can't leave the house without, before braving the journey towards digital procurement transformation.
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AI + Data = Supply Chain Risk Management
I promise you're not seeing a mirage, Artificial Intelligence + Data can offer a real solution for Supply Chain Risk Management, fast.
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Buzzwords: The Destruction Of Procurement Technology
I’m a blogger. I’m a copywriter. And, I’m going to tell it like it is. Buzzwords are the destruction of Procurement Technology.
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Malin Schmidt Joins Speakers at SFKS World Quality Day 2019
Kodiak Rating is proud to announce that our CEO and Founder, Malin Schmidt, has been selected to speak at SFK's World Quality Day 2019 in Malmö!
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Your Procurement Team Is Too Old, And Becoming Too Young
Your procurement team is too old; face it. And, they’re not getting any younger. But, there’s a new wave of talent on the way in.
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9 Big Takeaways From One Digital Procurement Event
Here are 9 big takeaways after attending Digital Procurement World 2019. This event had it all: great procurement keynotes, tech and maybe even a beer or two.
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Early Technological Adoption Leads To Supply Chain Exellence
A recent supply chain technology survey shows that 80% of retailers, manufacturers and logistic providers are confident that they are "early adopters"
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Supplier Quality Management: Drive Value By Safeguarding Value
Supplier Quality Management is safeguarding the quality and performance of your suppliers’ activities and is something that should work together with SRM.
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Quality Over Quantity: How To Create Key Supplier Relationships
Supplier relationships should be built methodically, assessed objectively and nurtured strategically. Suppliers aren’t just your vendors, they are partners
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Procurement Is Suffering From Paralysis by Analysis
Is your Procurement team experiencing the Paralysis by Analysis? Sometimes, waiting for the perfect solution, or the next big thing can leave you behind.
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4 Must-Knows to Increase Supplier Collaboration & Innovation
Your innovation is only as capable as the network of collaborators you have at hand. You want to know how to innovate and collaborate with you suppliers?
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7 Procurement KPIs Your Team May Be Ignoring
Developing KPIs is crucial, and individual, to the infrastructure of your procurement team. KPIs can be the blueprint for success
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Focus On Valuable Supplier Relationships Builds Value for Counter Culture Coffee
Counter Culture Coffee’s makes it apparent to their end consumer that there is currently gaps in their supplier relationship management
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Blockchain: The Technology Reshaping Supply Chain Management
Blockchain technology is one of the most hyped amongst the currently developing technologies, hypothesized to make one of the greatest impacts in SCM.
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Change Management In Procurement: The Digital Transformation Of SCM
Implementing change and managing change are no easy task, and for that very reason change requires infrastructure, processes and clearly defined actions.
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What Is Procurement, Really?
What is Procurement really? Working in an organization that services procurement professionals, had I ever really challenged my knowledge of procurement?
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Suppliers Are Friends, Not Food!
Who said buyer-supplier relationships need to be a carnivorous affair? We shouldn't be chewing up our suppliers and spitting them out like fishbones!
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Indirect vs Direct Procurement: Is One More Important Than The Other?
Procurement is a complex business function, nuanced from organization to organization and tied to many facets of a company’s corporate structure.
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User-Enabled Procurement: An Age of Smarter Solutions
This is an age of technological independence and API-driven innovation, breeding procurement technologies that are more agile, scalable and customizable.
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The Facts & Myths About Procurement
I've read the headlines and listened to the noise long enough. It’s time to pop in my earplugs and tackle the facts and myths about procurement.
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The 5 Levels Of Supply Chain Transparency
Supply Chain Transparency has become an organizational effort in business, as it can impact various aspects of a value chain, if neglected.
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The People Of Procurement: The Unseen Heroes Of Your Company
Procurement is amongst some of the most rapidly changing business areas, and maybe for the better.
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The Green Supply Chain: True Sustainability or a Big Marketing Stunt?
Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking.
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The Future of the Chief Procurement Officer Is Already Here
CPO is the function in charge of leading this transformation. Many leaders within the procurement world are ready to realize the change that lies ahead.
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SRM Is in for the Same Ride That CRM Took 10 Years Ago
This is just the calm before the storm that will take Supplier Relationship Management to the same heights as we've seen for CRM.
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What Role Are Startups Playing in the Digital Transformation of Supply Chain Management
Recent trends in the global market have shown that there is a digital transformation of supply chain management; moving away from its traditional state.
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The Gender Gap of Supply Chain Professionals: Your Business Isn’t Hiring the Most Talented People
Gender equality, in SCM professions, is a topic much discussed and seldom acted upon, ironically enough.
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Chatbots in Procurement & Supply Chain Management
To understand the capabilities Chatbot technology holds for supply chain management functions, we must first build a better understanding of the technology
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6 Lessons Every Procurement Team Can Learn From IKEA's IWAY
IWAY has established a new normal for the future of Procurement & Sourcing requirements on suppliers.
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Analytics: Procurement's New Best Friend
While there are no absolutes in business… you can be sure analytics are going to play a big role in the future of procurement! Time to meet your new BFF.
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Procurement 2.0 - Procurement With a Purpose
Procurement 2.0 offers a shift from traditional cost-driven procurement. In the age of transformation & consumer concerns, procurement 2.0 is a new normal.
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The Journey of One Banana: A Supply Chain in Motion
The global banana supply chain is a complicated one, dependent on multiple moving parts and the collaboration of multiple parties. Ready for the ride?
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