Arkestro

JANUARY 4, 2023

In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Una

FEBRUARY 20, 2023

Traditional means of creating value include things like managing contracts with preferred suppliers , controlling maverick spend, and minimizing warehouse costs. Focusing on sustainability and partnering with a GPO can lead to greater cost reduction and better spend management, as well.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

Arkestro

JUNE 6, 2023

We’ll break them down into two groups: efficiency and ROI. Efficiency Both CFOs and CPOs prioritize efficient spending down to the last dollar. Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 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. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. The unique challenges of SME procurement Small businesses often find themselves facing a unique set of challenges.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Conduct regular audits to ensure compliance with procurement policies and procedures.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Una

JANUARY 8, 2024

Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan. The value here isn't just held in the initial cost but in the total cost of ownership, environmental impact, and overall efficiency. Cut to a year later, and your team is groaning about uncomfortable chairs and wobbly desks.

supply chain budgeting 52

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

Empowering CPO

JULY 17, 2023

Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility.

Procurement 52

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

Empowering CPO

JULY 17, 2023

Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. It’s a critical process that can offer an abundance of insights about your company’s spending patterns. The result?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 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

Pipefy

MAY 23, 2023

Achieve a more efficient and integrated end-to-end P2P experience Pipefy for Procurement 7 must-have e-procurement features The prospect of implementing an e-procurement solution that comes up short of the functions you need is disheartening and frustrating. Life cycle management. E-procurement eliminates both.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. 8 Steps to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Planergy

DECEMBER 29, 2022

Social media management. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. Marketing Procurement vs. Standard Procurement. Invest in Procurement Software.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

SEPTEMBER 8, 2022

Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Flexibility / Agility. Regular supplier evaluation is vital for procurement teams. Compliance. Aim for Continuous Improvement.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. 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

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

Procurement Software

JULY 4, 2023

Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. It aims to make the procurement process more efficient, transparent, and cost-effective. What is procurement tech? What technologies power digital procurement tools?

Supply Chain Efficiency 52

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

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

DECEMBER 10, 2022

No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve. Team efficiency. As a result, purchasing teams are able to move with speed, accuracy, and efficiency.

Purchasing 52

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

Pipefy

DECEMBER 18, 2023

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. Between this limited capacity and a need for agility, outsourced work primarily falls to strategic activities, transactional activities, and tech or support systems.

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52

Procurement Software

MARCH 7, 2023

Improvements to end-to-end supply chain efficiency. The graphic below show how P2P process sits within the entire S2P procurement flow. The goal is usually to develop the most efficient transactional procurement operations. End-to-end supply chain visibility ensures more synergy in cooperation.

Sourcing 64

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

Procurement Software

DECEMBER 5, 2022

Improvements to end-to-end supply chain efficiency. The graphic below show how P2P process sits within the entire S2P procurement flow. The goal is usually to develop the most efficient transactional procurement operations. End-to-end supply chain visibility ensures more synergy in cooperation.

Sourcing 52

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