Arkestro

MAY 23, 2022

As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Supply chain disruption has become something that all of us see in the headlines every day: online, in newspapers, and in magazines. What Are Supply Chain Disruptions Blamed On?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain Real-time Visibility Supply 52

Una

OCTOBER 17, 2023

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. Learn more about why UX is important in procurement.

Procurement 52

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

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. These modules can be purchased separately or as one complete suite.

Real-time Visibility 52

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

Una

AUGUST 2, 2022

It’s also important to understand the sheer scale of the opportunity that’s up for grabs through procurement modernization and digitization. Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Technology trends in procurement.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Pipefy

JANUARY 11, 2023

In order to prepare for the next great disruption, a total overhaul of processes through procurement transformation is required to unlock a business that will not only survive but thrive as well. What is procurement transformation? What is a procurement transformation roadmap? What is a procurement transformation strategy?

Strategy 52

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

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Is low-intent purchasing behavior affecting your business?

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Is low-intent purchasing behavior affecting your business?

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 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

Arkestro

JUNE 6, 2023

On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Purchases in Time and Budget: How many purchases are on budget and on time?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Empowering CPO

MAY 6, 2023

The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. This enables procurement teams to focus on strategic activities that contribute to the company’s growth and success.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52

Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JULY 17, 2023

In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Digital procurement can be implemented using different technologies, which we will explore in detail later in this article. It can also provide real-time data and analytics.

Supply Chain Efficiency 52

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

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Yet hardly any TRULY have a real grip on what they BUY.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Yet hardly any TRULY have a real grip on what they BUY.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Supply Chain Game Changer

APRIL 16, 2019

Subscribe to Supply Chain Game Changer. The Supply Chain Detective™: The Mystery of the Prima Donna Boss! It was another case for the Supply Chain Detective™! There was no indication that there was a problem with cash flow at that time. The strain and drain on cash was real, imminent, and alarming.

Agile and Lean Supply Chain 51

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Inventory 51

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. 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

Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. What’s the Difference between Procurement and Purchasing? Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. What do I mean by Foundation in Procurement Transformation? Subscribe Here!

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

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

Empowering CPO

JUNE 22, 2023

Spend analysis, a cornerstone of procurement and supply chain management, is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. But how do we fuel the engine of strategic sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

DECEMBER 13, 2018

What’s the Difference between Procurement and Purchasing? Over these past 28 years of my career in Procurement (yes I started when I was 12), I’ve had the privilege and pain of seeing, not just procurement, but many different types of Transformation initiatives succeed and, unfortunately, fail. Subscribe Here!

Procurement 59

Procurement Agile and Lean Supply Chain Negotiation Procurement team 59

Empowering CPO

JUNE 14, 2023

Definition and Purpose of Procurement Procurement is a multi-faceted function that goes beyond the simple acquisition of goods and services. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 14, 2023

Introduction Welcome to the dynamic world of procurement, where businesses are constantly seeking innovative ways to manage their supply chains more efficiently and effectively. One strategy that has captured considerable attention is procurement outsourcing.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Real-time Visibility 52