📣 Procurement Newsletter • Procol | May 2024
Get access to an exclusive dinner, procurement podcast with a former CPO, procurement jobs and compensation report for 2024.
Welcome to the May edition of your go-to procurement newsletter, read by 3500+ global procurement and sourcing professionals.
Brief Introduction
I am Gaurav Baheti, founder and CEO of Procol.
Procol is a reliable, flexible and simple-to-adopt procurement platform that delivers 2x procurement efficiency, 50% cycle time reduction, and 2-10% overall cost savings. We’re a team of 125+ procurement enthusiasts, backed by tier-1 VCs, serving 100+ enterprises globally. Connect with me on LinkedIn.
Procol’s New York Chapter
If you’re in New York in May, reply to this email to join an exclusive, invite-only dinner for procurement and sourcing leaders. We only have a few slots left.
Procurement Jobs
If you are hiring for procurement and sourcing, get applicants from 3500+ procurement professionals. Shoot me an email with the job description at gaurav@procol.io.
Check out the latest job openings here-
Senior Director, Supply Chain
Ritual | Remote, USA
Senior Director - Procurement
The Halal Guys Inc. | New York, USA
Renewable Energy - Vice President, Procurement
Michael Page | Houston, USA
Head of Strategic Sourcing
Get It Recruit - Transportation | Remote, USA
Sourcing Manager Vice President
Barclays | Whippany, USA
Vice President – Procurement
The Edge Partnership - The Edge in Asia | Telangana, India
Procurement Director
McCormick & Company | Delhi, India
Head Procurement - General Manager
Paytm | Noida, India
Senior Manager/Director – Sustainable Procurement
Baringa| England, UK
Global Sourcing Manager - Procurement
Sony Pictures Entertainment | London, England, UK
Senior Director, Global Strategic Sourcing
PharmiWeb.jobs: Global Life Science Jobs | London, UK
Head of Procurement - New Ventures
Dyson | England, UK
ProcureCast: Episode 4
About Speaker - Peter Sharoff is an experienced procurement and sourcing professional, most recently serving as Chief Procurement and Sourcing Officer at AXA XL. He managed a spend of around $1.3 billion and led global teams, focusing on category management and supplier relationships. Sharoff emphasises strong stakeholder engagement and uses technology and data analytics to drive value. He's committed to advancing sustainability and DE&I initiatives in procurement. LinkedIn
Covered in this episode
- Peter Sharoff's journey into procurement
- The top 3 biggest challenges as a procurement leader
- Technology and process improvements
- Advice for young procurement professionals
Episode Summary:
In this episode, Gaurav Baheti speaks with Peter Sharoff about the latest trends and challenges in procurement and sourcing. Sharoff shares insights from his career, including his transition into procurement and the impact of mergers and acquisitions.
Procurement Compensation Trends in The USA
Brief:
Discover how industry compensation insights can transform your procurement compensation strategy. Our latest report provides valuable knowledge on industry trends and salary benchmarks to help you stay competitive and effective in the field. Power of data-driven decision-making for your compensation approach. Download your copy today.
Procurement Audit Ebook
Brief:
Procurement audits are crucial for protecting your business from fraud and inefficiencies. By reviewing your procurement processes and transactions, you can ensure compliance, verify supplier relationships, and improve cost control. A thorough audit helps streamline operations and boost performance. Learn more in our latest guide.
Read Our Latest Blogs:
Brief:
Procurement enhances operational efficiency and profitability across industries. Effective management and use of Key Performance Indicators (KPIs) can lead to cost savings, better supplier relationships, and improved decision-making. For a comprehensive understanding, explore the full blog.
Brief:
Effective management of addressable spend is essential for cost reduction, improved supplier relationships, and increased profitability. By implementing strategic sourcing, spend analysis, and supplier consolidation, organizations can optimize spending and make informed decisions. For a comprehensive understanding, explore the full blog.
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See you next time!