2019

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

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At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. please visit: [link]. About the study.

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A Look at Direct v. Indirect Supplier Management in Three Industries

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Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. How much spend does the company have with the supplier and for what? Industry: Manufacturing.

Suppliers 145
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Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux

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Managing Director, Art of Procurement. If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. How 100% spend insight is not the same as 100% spend under management.

Suppliers 100
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The Science and the Art of Procurement

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Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

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Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. About Axbility Consulting. Axbility Consulting Inc. is the Axys Consultants subsidiary created in 2018 for the North American market. www.axbility-consulting.com.

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Procurement can’t afford to be a digital laggard in today’s complex landscape

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Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.