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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.

Procurement Trends and more.

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Blog
January 19, 2026

How to Turn Strategic Procurement into a Value Driver

In many companies – especially in manufacturing – procurement accounts for 50 to 70 % of revenue. Yet, the enormous potential within procurement is often underutilized. As one of the most powerful levers for profitability, procurement has a direct impact on margins, resilience, and competitiveness. In this context, data-driven decisions can make all the difference. This blog post explores procurement’s impact on overall business success, explains why the right KPIs are critical for effective decision-making, and highlights the role of different levers in unlocking procurement’s full strategic

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Blog
December 19, 2024

6 Procurement Trends for 2025: Navigating Challenges, Embracing Opportunities

As the year draws to a close, it's customary for corporate blogs to reflect on the past year's developments and offer forecasts for the upcoming year. In this spirit, we aim to examine the key challenges that have engaged the industry and, more specifically, procurement organizations throughout this year, as well as the obstacles they are expected to face in 2025.

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Blog
November 25, 2025

From Idea to Innovation: Milena's Role at ivoflow

How did the corporate design of ivoflow come about? What ideas are behind its visual identity? And how can user experience be continuously improved? These are some of the questions we asked Milena, our creative developer, who joined ivoflow in spring last year but has been part of the journey since its earliest days. Apart from being responsible for improving the UX and UI design of our product, she brings our brand to life with designs and templates for marketing.

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