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Unilever Gains Visibility & Control Over the Most Unpredictable Spend Category

Jaggaer

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. These should provide end users with visibility across their assigned scope. The Challenge. The Solution.

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Procurement vs. Acquisition: What’s the Real Difference?

Pipefy

In this stage of the process, multiple departments collaborate to address capability requirements, design, technology, and, most importantly, time and cost. Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Procurement vs. acquisition: What’s the real difference? In a word, yes!

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. For the longest time, leading Procurement technology providers in my experience just ignored this space.

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

It also provides real-time data and analytics that can be used to improve purchasing decisions. 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?

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Counterintuitive strategies to navigate the recession: Part 2

Zycus Cognitive Procurement

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. You may provide better demand visibility to the vendor partner.

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A Guide to Cloud Procurement

Pipefy

This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows. This dashboard shows progress bars for each task, resulting in 360-degree visibility over procurement that organizations can use to identify bottlenecks that are impacting efficiency.