Procurement Tactics

JULY 17, 2022

Procurement Law — The Ultimate Guide of 2022. In addition, it regulates the purchasing of the public and private sectors. The steps that organizations take to carefully select and purchase goods or services remain as important as ever. . In the past, it has been used synonymously with purchasing. Download Free PDF.

Procurement 130

Procurement Contract Purchasing Negotiation 130

IBM Supply Chain Blog

DECEMBER 15, 2023

People have since made lifestyle choices and adjustments, such as biking to work and segregating garbage, to bring this rule to life and help save the environment. Likewise, employees and customers want to work for a company that is actively trying to reverse climate change and take part in environmental protection.

Sustainability 73

Sustainability Supply Chain Efficiency Raw materials Supply chain 73

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. Download Full Guide Introduction Everyone outsources. Yes, outsourcing can cost money, but sometimes it can also save money.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Contract Auditing — Everything You Should Know Contract auditing allows parties to know their obligations and follow them thoroughly. However, what is it? In this article, we will discuss what contract audit means.

Contract 184

Contract Negotiation Contract management Procurement strategies 184

IBM Supply Chain Blog

DECEMBER 20, 2023

It identifies new customers through awareness, consideration, and purchase, aims to retain customers, and drives word-of-mouth through the post-purchase phase. It identifies new customers through awareness, consideration, and purchase, aims to retain customers, and drives word-of-mouth through the post-purchase phase.

Strategy 70

Strategy Purchasing Import Price 70

IBM Supply Chain Blog

SEPTEMBER 6, 2023

AI for business has long been able to achieve multiple marketing functions: seamless connection across any platform or device, immediate response when experiencing issues and customization based on current location and purchase history. With the right generative AI strategy, marketers can mitigate these concerns.

Data 122

Data Strategy Ethics Quality 122

Una

JULY 19, 2022

We all know different purchasing scenarios will require us to follow certain processes or have criteria that needs to be met. Developing a comprehensive procurement strategy ensures there is a vision for the sourcing function in place, helps guide procurement professionals through the decision making process, and clearly defines goals.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

IBM Supply Chain Blog

APRIL 22, 2024

To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. This Earth Day, we are calling for action to conserve our scarcest resource: the planet.

Sustainability 85

Sustainability Data Sourcing Strategy 85

Procurement Tactics

JULY 17, 2022

Also, we will guide you on when to use those words effectively. Purchase/Purchasing. They all refer to the process or act of getting, buying, acquiring, or purchasing something. . Some words can easily replace the word procurement such as the word purchase. Procurement Synonym – Everything You Should Know.

Procurement 130

Procurement Negotiation Purchasing Supply Chain Optimization 130

Una

DECEMBER 6, 2022

8 No-Brainer Reasons to Join a Group Purchasing Organization. 8 Reasons to join a group purchasing organization. 8 Reasons to join a group purchasing organization. We may be biased, but we’d like to add one more important no-brainer to this list: joining a group purchasing organization (GPO). Here’s why. Lower risk?

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

Procurement Tactics

JULY 18, 2022

After you finish reading this article, you will be guided by the definition of procurement in your field. How Does Procurement Work? Difference Between Procurement and Purchasing. Many people use procurement and purchasing synonymously without them knowing that it is different from one another. . Procurement Definition.

Procurement 130

Procurement Negotiation Vendor relationships Purchasing 130

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is a structured plan that an organization develops to guide its purchasing process in a way that aligns with its business needs.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

ivalua

DECEMBER 6, 2022

These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle costs. Of course, I can only agree with their insights and the critical role of Procurement in solving business and societal problems, but one process is often overlooked.

e2e 130

e2e Suppliers Procurement Contract 130

IBM Supply Chain Blog

MARCH 29, 2024

Customer retention has become more difficult in recent years Working against this goal is the fact that the customer journey is more complicated today; it’s harder to meet customer expectations and keep current customers. Customer retention must be a top priority for leaders of any company wanting to remain competitive.

Strategy 65

Strategy Purchasing Buyers Import 65

Planergy

DECEMBER 25, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. In this Guide: Introduction. Taming Tail Spend.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Spend Matters

JUNE 19, 2023

A Procure-to-Pay (P2P) solution is a combination of the e-procurement and AP Automation/I2P markets spanning the procurement process, including automation of purchase requisitions/orders, receipts, invoices, payments and financing. They reduce late payments, optimize working capital and minimize risk and non-compliance.

Procurement 78

Procurement Real-time Visibility Purchasing Inventory 78

SCMDOJO

JULY 18, 2023

In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

Contract management 93

Contract management Contract Import Management 93

SCMDOJO

SEPTEMBER 18, 2023

In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart. In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Planergy

OCTOBER 18, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Risk 52

Risk Real-time Visibility Negotiation Management 52

Una

NOVEMBER 30, 2022

But COVID also revealed the growing value placed on the expertise of procurement professionals and a shifting company viewpoint from back-office worker bees to valued C-suite consultants. How and why is this happening? Some would say it’s about time after years of talking about it pre-COVID. Increased efficiency through big data.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Procurement Heads

APRIL 26, 2023

Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects. For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

Since I graduated, I’ve always worked in procurement and supply chain across both indirect and direct categories, across different geographies and also worked as a Consultant delivering transformational projects. For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Tactics

AUGUST 29, 2022

Jacob Gorm Larsen is a recognized thought leader on digital procurement and the founder of Moneyball CPH which is a boutique consultancy that specializes in digital procurement. . His book, “A Practical Guide to E-auctions for Procurement”, is considered the leading book on the subject of applying e-auctions for market-driven negotiations.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

SCMDOJO

JUNE 3, 2022

And that’s no other than a purchase order. It’s hard to ignore how important Purchase Orders (POs) are to growing retail businesses. Boston Consulting Group estimates that by using a PO, a company can reduce costs by 10% and at the same time cut the time spent by up to 30%. What Is a Purchase Order? Purchase order number.

Purchase orders 102

Purchase orders Purchasing Quantity Buyers 102

Planergy

DECEMBER 12, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

Barkers Procurement

MARCH 3, 2023

Make sure the tool is easy to use Normally, transactions are straightforward when you’re working with suppliers and know what you want. Digital procurement tools have become essential in procurement. Analyse your requirements You can’t invest in the right tool if you don’t already know where you are.

Procurement 52

Procurement Budget Purchasing Risk 52

Barkers Procurement

MARCH 3, 2023

Make sure the tool is easy to use Normally, transactions are straightforward when you’re working with suppliers and know what you want. Digital tools have become essential in procurement. Analyse your requirements You can’t invest in the right tool if you don’t already know where you are.

Procurement 52

Procurement Budget Purchasing Risk 52

Planergy

AUGUST 18, 2023

Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management? How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management? How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Una

NOVEMBER 14, 2022

As many companies struggled over the past three years, the pandemic became an enormous opportunity for global giant Amazon and other companies to capture a much larger share of low-value repeatable purchasing. the hybrid work model). Five Predictions for the Future of Procurement. By Eric Edwards | November 15, 2022. Far from it.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Planergy

DECEMBER 29, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Consulting and creative services. We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

SEPTEMBER 5, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Use your business plan as a guide if it’s your first year in business. How to gain visibility and control of your indirect spend.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Positive Purchasing

APRIL 3, 2023

In his brand new book, Sustainable Procurement , published by Kogan Page, award winning author, procurement and sustainability expert, and CEO of Positive Purchasing, Jonathan O’Brien, explains why driving sustainability for what we buy, who we buy from and in our supply chains is becoming of critical importance.

Sustainability 52

Sustainability Supply chain Chief Procurement Officer Supplier relationship management 52

The Procuretech Podcast

JULY 5, 2022

We'll look at the challenges they face, and how smaller businesses can afford a spend analytics solution that works for their unique needs. Thomas started working in IT, then moved to working in procurement for the shipping line Maersk, where one of his projects was in spend management. There's a range of different factors here.

Contract 52

Contract Purchase orders Data Spend management 52

Planergy

OCTOBER 17, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Purchasing 52

Purchasing Suppliers Spend management Management 52

Planergy

JANUARY 19, 2024

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52