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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. The bank’s Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry. Banking is a unique industry in many respects.

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An Interview on Innovation, New Technologies and ‘Fifth Generation Purchasing’ with Herve Legenvre

HICX Solutions

He is Director of the EIPM Value Creation Observatory , where he conducts research on innovation, purchasing and new technologies that are changing industries. He is also co-author of the recently released book Fifth Generation Purchasing: When Pace Meets Power. Fifth Generation Purchasing: From the idea to a framework, to the book.

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When is it Time to Invest in Procurement Technology?

Jaggaer

At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management? No Time Like the Present for Procurement Technology.

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Navigating COVID-19: Mid-term Procurement Strategies for a Managing the Crisis

Jaggaer

Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Plus, these tools can integrate into supplier management systems to combine contract results with other risk assessment factors.

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A Conversation with Vittorio Favati, TVS Supply Chain Solutions GFS

The Logistics & Supply Chain Management Society

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. while nearly doubling the size of the company.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

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JAGGAER Webinar with Accenture Strategy and Attijariwafa Bank Case Study: Accelerating Trust in Banking – Internal, Suppliers and Customers

Jaggaer

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.