Whitepapers

Data Literacy in Procurement – A Key Driver of Strategic Business Success

Procurement is evolving rapidly. It’s no longer just about managing orders and prices – it’s about driving strategic value for the entire organization. The challenge? Many teams have plenty of data, but lack clarity, quality, and integration. Mastering data competence is the key to turning procurement into a hidden champion that anticipates risks, optimizes costs, and strengthens supplier relationships.

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Procurement Solution - Make or Buy

The use of digital solutions—especially AI—holds significant promise: from streamlined business processes to competitive advantages. Procurement teams, together with their counterparts, IT or even digital transformation departments, are therefore faced with a critical and complex question: should they build a solution in-house (Make) or purchase an external one (Buy)?

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10 Strategic Levers in Procurement

10 Strategic Levers in Procurement: How to reduce costs, minimize risks and create value. The global manufacturing industry is facing unprecedented challenges: geopolitical tensions, rising cost pressures, and declining demand have created a complex and volatile business landscape. In the midst of these uncertainties, procurement plays a crucial, yet often overlooked role. In this context, the 'hidden champion' holds substantial potential for cost savings—particularly through strategic management of material costs.

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Donald Trump Returns to the White House: Implications for Global Supply Chains

With Donald Trump's return to the presidency, reactions are mixed. While certain business figures have expressed enthusiasm, economists are more cautious. Reflecting on his previous "America First" policies, which disrupted international supply chains and trade dynamics, experts anticipate that this administration could bring immediate and significant impacts to the global economy.

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Case Study TROX

As part of its sustainability strategy, TROX GmbH assesses its core suppliers for climate neutrality and optimizes its metrics across all 33 subsidiaries. The challenge was not only to create data transparency across multiple locations within a single system but also to derive actionable recommendations based on this data. Learn how this is achieved with the help of ivoflow in our white paper.

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Cost Savings in Procurement

How can you leverage market influences like raw material prices and energy costs in procurement? And how can you take advantage of exchange rate fluctuations? Our whitepaper reveals 5 levers you can use for cost savings in procurement.

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Procurement Trends and more.

Stay up to date.

Blog

January 12, 2026

Procurement and Supply Chain 2026: Events You Shouldn’t Miss

The demands on procurement and supply chain management are continuously increasing: resilience, digitalization, sustainability, and AI have long become strategic imperatives. Anyone aiming to be well-prepared in 2026 should stay on top of relevant trends and actively expand their professional network. The coming year offers a wide range of high-profile events: from exclusive C-level formats to practical conferences with tangible value. We have compiled some the highlights.

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Blog

March 27, 2023

The value of Procurement Intelligence

Procurement intelligence has many benefits and enables procurement departments to unlock new potential. It frees up valuable resources and thus leaves time for crucial strategic procurement decisions and negotiations.

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Blog

May 22, 2024

Digitization in procurement: these are the most common reservations when introducing new software

There are many reasons for the slower development towards digitization in procurement. Concerns and reservations about a new solution are slowing down the decision-making process. Even the upstream decision for or against software in general is difficult for companies. Especially in procurement the question of software should be approached more openly. After all, procurement – as a hidden champion – can make a decisive contribution to the company's success with its numerous levers.

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