ivalua

FEBRUARY 27, 2023

Manufacturers can off-set the effects of inflation and avoid passing on price increases to their goods and services by maximizing the efficiency and effectiveness of the procurement function. Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle. Let’s explore further.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

Sourcing 52

Sourcing supply chain budgeting Procurement Bidding 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

World of Procurement blog

APRIL 23, 2024

Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency. Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Software

APRIL 18, 2023

This involves suppliers competing in sequential bidding. Buyers will have already vetted the suppliers they want to invite to the eAuction and suppliers will start out with their initial bid at the beginning of the auction process. It also improves your agility across everyday procurement processes.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. Federal and global regulations are forcing manufacturers to make fundamental changes in the way they source materials, use energy, and more. Sustainable bidding.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Arkestro

MARCH 13, 2023

Arkestro empowers us to automate and accelerate the bidding process, speeding delivery of preferred supplier agreements to different businesses.” Due to pandemic-driven market disruption, consumer behaviors shifted and labor forces shrunk — suffocating the global supply chain.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement Bidding 52

Procurement Heads

MARCH 27, 2023

We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. I’m passionate about working in collaboration with the supply chain and allowing for constructive conversations so that we’re doing all we can to ensure the best value for money for our customers.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Una

NOVEMBER 14, 2022

Now, CPOs and their procurement teams look to invest in more secure supply chains, addressing increased volatility in consumer demand and responding to the changing ways people work (i.e., Then, in the 1960s, the practice of competitive bidding became commonplace giving rise to trained procurement professionals. Is that all?

Procurement 98

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

Procurement Heads

JUNE 14, 2023

Public procurement regulations can be restrictive at times but the principles around openness, transparency and equal treatment are the right ones. If you know the regulations well and you can think strategically, you can still be agile, innovative and drive value for money. The function was seen as more of a blocker than an enabler.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Procurement Heads

MARCH 27, 2023

We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. I’m passionate about working in collaboration with the supply chain and allowing for constructive conversations so that we’re doing all we can to ensure the best value for money for our customers.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan Holland, CEO of Keelvar, is here to tell us how AI can offer something more immediate, spot and transactional, in these unstable times when agility matters.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

The Good Spending

NOVEMBER 5, 2021

Procurement is on the journey from cost-cutting to value delivery Naturally, Procurement started in the lowest cost arena, where the cheapest bid wins. Lowest bid Supplier selection by the lowest bid is still the dominant approach in many companies, especially public ones. This method is simple, logical, and easy to implement.

Procurement 52

Procurement Bidding Supply Chain Efficiency Contract 52

Una

MARCH 6, 2024

Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. Being able to adapt fast keeps businesses agile and ready for whatever the market throws their way. The primary motivation for outsourcing is to increase efficiency (24%) and to gain access to expert skills (18%).

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

The Good Spending

AUGUST 23, 2022

This post attempts to provide the most comprehensive view on procurement value and practical methods of its realizations compared to many other web sources replicating slogans and mystifying logical and straightforward concepts. This is one of the most potent revenue generation sources in any sizable deal negotiation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Jaggaer

OCTOBER 8, 2019

We dealt with one of them in the previous article in this series: the need to integrate data across the full spectrum from source-to-pay. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) Develop new cognitive analyses to enable efficient data monitoring.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Claritum

SEPTEMBER 27, 2018

Where goals and motivations are concerned, the NfP sector is defined by the greater restrictions placed on changes to their goals: this coming from legislation, funding source restrictions and having to adhere closely to their defined purpose. The NfP also has a greater focus on adding social value to a supply chain.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Source: Accenture. Source: Accenture. And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Planergy

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. How to gain visibility and control of your indirect spend. What is Services Procurement?

Management 52

Management Procurement supply chain budgeting Budget 52

Supply Chain Game Changer

NOVEMBER 14, 2018

In some cases, purely transactional suppliers in regional or out-sourced models may be placed below the level of “approved” in this model. SRP allows the supply team to determine the criteria for establishing the appropriate relationship levels needed to drive supplier engagement. Supplier Relationship Program (SRP).

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44