World of Procurement blog

MAY 8, 2024

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. What are the company's goals for growth, cost reduction, sustainability, innovation etc?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Software

JANUARY 9, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. It offers buyers a more automated way to onboard and pay smaller suppliers, and suppliers the opportunity to get onboarded with customers faster and to get paid quicker.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Now both teams are faced with an agility and flexibility crisis.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? Improvements to end-to-end supply chain efficiency.

Sourcing 64

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

Pipefy

JANUARY 11, 2023

Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%).

Strategy 52

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

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later.

Sourcing 52

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

Zycus Cognitive Procurement

SEPTEMBER 13, 2022

Are you looking to create greater value from your procurement-supplier synergies but strict sustainability & regulatory compliances, risk vulnerabilities along with political instability are bringing in new challenges for you? Changing Roles of Buyers. This was the first significant change in the buyers’ role.

Procurement 52

Procurement Buyers Leadership Agile and Lean Supply Chain 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be examining closely, questioning the inefficient use of energy and resources. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Spend Matters

AUGUST 3, 2022

eFlow, its S2C solution, is the cornerstone of that value proposition as it embeds a wealth of general and contextualized content and knowledge delivered and maintained by Efficio’s experts. Provide underlying data governance and platform integration to securely orchestrate this broader ecosystem without “application anarchy” and “shadow IT”.

Sourcing 82

Sourcing Spend management Procurement supply chain software solutions 82

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. This saves buyers not only money, but hours of conversation time. This delivers the buyer lower unit prices.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Una

NOVEMBER 19, 2023

In addition to procurement practitioners and supply chain professionals, The Sourcing Hero features guests from a variety of industries and career paths, each with a narrative that is relatable and relevant. Episode 136 For me, I guess a sourcing hero is a buyer that makes the impossible possible. We get low-first cost.

Sourcing 52

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

Procurement Software

MAY 23, 2023

Very few CEOs come from Procurement or Supply Chain. Supply Chain should become one of the top agenda items on board level meetings. Not ignoring the importance of regular, two-way feedback between buyer and supplier is also key. The CEO must therefore take personal ownership of this change.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

Jaggaer

OCTOBER 8, 2019

This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 2) Establish the basics.

Procurement 40

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

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Ready to revolutionize your S2P process? Let’s get started below!

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130