Peer-Driven Insights

Procurement

About this topic

Procurement refers to the sourcing and acquisition of goods and services to meet organizational needs. Strategic procurement reduces costs and ensures supply chain reliability.

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Procurement

About this topic

Featured One-Minute Insights

How are U.S. CISOs Addressing Liability Risk?

Community Posts

Community Posts

Is Vendor Management part of Procurement in your organization?

Where can I locate licensing/subscription expense for Cloud based ERP Vendors like Oracle, Workday and Infor? Where did you acquire this information or How did you acquire this data? Looking for data on Finance, HCM and SCM Modules for a Hospital with 3,600 employees.

If you've lost (or suspect you will lose) a significant amount of your annual budget due to government funding cuts, what measures are you implementing from a sourcing and supplier management perspective to optimize costs without cancelling contracts?

What AI use cases in Procurement have freed up the most capacity within your team?

You just got an unplanned 10% mid-year budget increase, where do you spend it?

What kind of tools have been most challenging to find?

I am looking for guidance and insights from someone with experience in making and executing a strategy for standardising hardware procurement across the enterprise. Could you share the insights gained from this process, including what aspects were successful and which ones were not?

In your opinion, what could cloud providers do to truly address cloud lock-in concerns and give you more flexibility as a customer?

What are some best practices for agile procurement processes in a research & innovation context? Particularly in the public sector.

For those working in the public sector, how do you approach hardware and software procurement to meet the needs of the departments you serve while also staying within budget constraints?

If you’re thinking of switching suppliers for one of your major contracts, how far in advance do you ideally need to start planning?

Without disclosing any specific vendor names - What was the most egregious experience you've had with a software vendor that still makes you wonder, “Did that really happen? Did they truly do that?”

How is the procurement of goods such as office supplies, desktop IT, personal safety equipment, hand tools, etc. organized at your company?

What do you consider table stakes for a well run IT procurement process? If you were coming in to assess the state of your IT procurement processes - what would signal to you that it's efficient and effective?

How much do you allow technical leads/architects to make certain buying decisions without prior approvals?