Mediacenter

With Generative AI as the next step, Tiernan Fitzsimon surveyed the procurement team aiming to measure their understanding of generative AI and level of interest.

This case study explores how Olam Agri, a leading food and agri-business giant, transformed its procurement function through digitalisation. By adopting a user-centric approach in supercharging its digital capabilities, this gives them more advantage in making informed data-driven decisions and strategic moves.

The last few years have seen massively accelerated digitalisation and the increased adoption of digital technologies. For instance, 9 out of 10 procurement leaders say that their procurement technologies allowed them to make timely, data-driven decisions last year. Many of these changes have had lasting positive effects, with numerous industries benefiting from cutting-edge digital systems. This has led to increased efficiency, enhanced transparency, and better collaboration with suppliers and internal stakeholders. In our latest report, we delve into the benefits that digital solutions and new technologies can bring to the function, as well as the emerging phenomenon of Generative AI.

The only constant in the ever-growing business landscape is change. Procurement professionals are central in ensuring organisations secure the best quality of goods and services for the right cost under relentlessly evolving circumstances. However, the complexities of procurement processes can be daunting, requiring well-trained individuals equipped with the latest knowledge and skills to navigate this dynamic field. In this 2024 Innovation Brief, we explore the complexities of training, outsourcing, AI and sustainability and how procurement professionals can better source for their organisation.

Current market volatility, shifts in corporate values and the constant disruption of the supply chain have brought into razor focus the need for resilience in an age where you simply cannot afford to remain exposed. And while regulatory uncertainties dominate the headlines, structural uncertainties persist in pushing procurement leaders further in their efforts to achieve agility, adopt innovative technology and ultimately succeed during tempestuous times. In this report, we offer practical tools for unfolding the most pressing concerns on the CPO agenda. We go beyond theories and concepts to give you step-by-step instructions on how to stay agile and improve resilience, profitability and sustainability in an age of immense uncertainty by lifting the lid on strategies being deployed by leading companies in APAC to avoid disruption. Download to read now!

It is no exaggeration to say that the last few years were challenging and tumultuous for procurement and supply chain departments. To survive the unprecedented pressures, organizations were forced into embracing a period of accelerated change, building greater resilience with the use of new supply chain strategies, increasingly powered by new technologies..More than ever, procurement leaders must pull their weight to source more efficiently, manage risks better, and maximize enterprise value. Crucially, procurement must transform further and level up by harnessing Industry 4.0 technologies such as AI, IoT, and big data analytics. Only then can they gain the flexibility and insights they need to stay ahead and support a growing set of sometimes competing objectives. In our latest report, we will look at the top digitalization priorities for 2023 and how it compares with the pandemic years and how procurement leaders feel about their organisational readiness for the road ahead and much more.

The pandemic has made it more apparent that efficient and well-rounded supply chain processes are crucial to sustaining and fulfilling long-term business goals. Hence, procurement leaders are starting to identify and recognise their areas of vulnerabilities and are finding ways to strengthen their business processes. In this comprehensive ProcureCon Asia 2022 Innovation Brief, we'll address some of the buzzwords in today's supply chain and logistics industry – such as 'procurement digitalisation', 'sustainability', 'people management' and 'supplier relationships'. We've gathered hours of research and input from Asia's most prominent procurement leaders from companies like CBRE, Genpact, Mondelēz International, and more, into this report that you can download here! 

In recent years, multiple disruptions, the most notable of which being the COVID-19 pandemic, have put a significant strain upon supply chains. After multiple lockdowns, instances of port congestion, and a talent shortage, companies are searching for ways to stay agile in the face of disruptions and mitigate risk. Most importantly, they intend to build resilience through the use of new supply chain technologies and the digitalization of their supply networks. The results featured in this report are based on a joint survey between Ivalua and WBR Insights. The survey was designed to find the extent to which procurement leaders in the APAC region are driving digital transformation, with a sharp focus on what organizations are doing to manage risk, bolster resilience and mitigate logistics and supply chain disruptions.