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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.

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What the Coupa software acquisition means for procuretech

Procurement Software

They are arguably the market leader and self-proclaimed “inventor of the Business Spend Management (BSM) category”. They quickly rose to be the market leader, especially in the untapped area of spend management for indirect procurement teams. Mid-market businesses don’t have huge software budgets.

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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

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What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. Nowhere is this more true than in the challenges to the supply chain. Simplifies spend management. Supplier management. Contract management. RFI, RFP, RFQ.

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Services Procurement: What Is It and How To Manage It

Planergy

You set the budget and deliverables, then work with various freelancers with a test assignment. You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management.