In today’s business world, sustainable procurement has changed from a “nice to have” to an absolute “must have. This concept, which seeks to meet a company’s needs for goods or services while minimizing its impact on the environment, is indispensable for companies seeking to increase their acceptance with current and future customers. But how does […]
Sustainable Procurement: A Necessity for the Dutch Market Read More »
Recent years have highlighted the indispensable role of procurement in value creation. As we look ahead to the trends of 2024 and beyond, we see that procurement can make an even more critical contribution. The world experienced significant turmoil between 2020 and 2023: supply chain disruptions, geopolitical tensions, technological advances, changing consumer needs, new sustainability
The Future in Procurement: Creating Value Across the Supply Chain Read More »
In today’s business environment, it is essential to make a clear distinction between procurement and purchasing. Although these terms are often used interchangeably, they represent two different financial systems with their own objectives and processes. Understanding this distinction is crucial to a company’s success, especially in a market like the Netherlands where efficiency and strategic
Procurement versus Purchasing: The Key Differences Explained Read More »
In a world where the procurement industry is evolving faster than ever before, xentys is at the forefront of supporting professionals and organizations in the Netherlands in this transformation. Inspired by Simfoni’s recent webinar“Rethinking Procurement: Capturing & Realizing Savings in 2024,” we share five crucial insights that not only shape the future of procurement but
Procurement in 2024: Five Essential Strategies for Maximum Savings Read More »
In the dynamic world of procurement and supply chain management, where xentys plays a leading role, it is essential that as a professional you not only excel in your field, but also continually hone your skills. The role of procurement specialists has evolved significantly over the years, in part due to technological advances and changing
7 essential skills for every procurement specialist Read More »
In a world where change is the only constant, the future of procurement and supply chain management is central to corporate strategic planning. At Xentys, a leading recruitment agency specializing in procurement positions, we understand the dynamics and challenges of the Dutch market. In this article, we explore future trends and innovations in the industry,
The Future of Procurement and Supply Chain: A New Horizon for the Dutch Market Read More »
Sustainability is no longer just a buzzword, but a necessity- for modern businesses. One of the disciplines that have a leading role in this is procurement. But how does one integrate sustainability into tactical procurement strategies, especially with a focus on technical innovations and strategic decision making? Tactical procurement: a brief introduction First, it is
Integrating Sustainability into Tactical Procurement Strategies. Read More »
When it comes to the procurement process, its design and implementation is critical to an organization’s success. An effective procurement process enables companies to find reliable suppliers, reduce costs and improve operational efficiency. In this article, we will discuss the key steps involved in designing and implementing an effective procurement process. We will also look
The procurement process in 5 steps Read More »
Discover how the role of the buyer is evolving in a technology-driven world and becoming increasingly complex and essential. In a world where technology is constantly evolving, the role of technical buyers is becoming increasingly complex and essential. The field of procurement navigates a sea of innovations, and professionals must constantly update their skills and
The Future of Buyer Roles in Technically Advanced Sectors Read More »
The Kraljic Matrix is an important tool for understanding the importance of procurement by segmenting it into procurement categories and developing a procurement strategy for each category. The matrix is named after Peter Kraljic, a Slovenian professor who introduced the Kraljic matrix in 1983. Since then, it has been the basis for virtually every procurement
What is the Kraljic Matrix? Read More »
