Procurement Insights

MARCH 25, 2025

ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

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ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain!

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Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

TYA Suite

OCTOBER 27, 2024

is a comprehensive solution designed to automate and optimize the. With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. One of the key benefits of is the ability to track vendor performance in real-time.

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supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Insights

APRIL 13, 2025

buyers, suppliers) interacting based on real-world commodity traits (e.g., It prioritizes centralized visibility and departmental empowerment over rigid ERP systems, achieving 23% savings in tests (e.g., supplier performance, tariff costs) to optimize decisions. kg savings, and optimize for Colombias $3.20/kg kg margins).

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Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

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Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. Company Size This ranks providers by estimated scale (e.g.,

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supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Then, the suppliers submit their bids and the company decides which one to hire. Spend Visibility. Spend visibility is a pretty big deal when it comes to procurement or any type of invoicing management for that matter. Real-time Spend Tracking. Subscribe Here!

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supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

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Real-time Visibility Management Procurement supply chain budgeting 40

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. Email Address.

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Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

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Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

SEPTEMBER 29, 2023

Manufacturing Optimize Manufacturing Efficiency with Arkestro Get in touch Our solutions Gear Up for Success: Predictive Procurement Fine-Tunes Efficiency in the Manufacturing Industry Arkestro is your secret weapon in the manufacturing industry. We help you save money and time, across all areas of addressable spend. Let’s talk.

Real-time Visibility 52

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

Planergy

FEBRUARY 24, 2025

This includes maintenance supplies, janitorial services, office equipment, utilities, and administrative resources. While less visible, these procurement areas are crucial for maintaining a functional educational environment. Strategic Procurement Strategic procurement goes beyond transactional purchasing.

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TYA Suite

JUNE 2, 2025

But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time. While emergency purchasing is necessary at times, relying on it frequently can lead to uncontrolled spending and supply risks.

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Purchasing supply chain budgeting Purchase orders Quantity 40

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

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supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Pipefy

FEBRUARY 13, 2023

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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Arkestro

FEBRUARY 6, 2024

Arkestro’s Personal Touch Across the Globe When a large organization with a complex supply chain came to Arkestro to implement our PPO platform, our professional services team traveled to three of their global locations to make sure PPO could be their strategic superpower this year. You can unsubscribe at any time.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Finale Inventory

JULY 26, 2024

Finale Inventory helps you take control of your inventory and streamline your processes. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth. Another challenge is managing multiple warehouses.

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Inventory Supply Chain Efficiency Strategy Management 52

World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. How can procurement help achieve those aims through better supplier relationships and spending optimization?

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

The Thomas Blog

JUNE 22, 2022

Here are a few things to keep in mind if you're a manufacturer looking for more customers: Optimize Your Website To Convert New Customers. Some buyers only work with manufacturers or suppliers that have specific certifications , so make sure they're visible and up to date. Today's buying process begins on the internet. Decision-makers.

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Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

TYA Suite

SEPTEMBER 25, 2024

Each topic will be thoroughly covered, ensuring that you have a solid grasp of how eSourcing platforms can optimize procurement activities and best practices in sourcing, as well as how effective sourcing methods can significantly enhance your business operations. provide features for comparing and analyzing supplier bids.

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Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

World of Procurement blog

APRIL 23, 2024

Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes. Businesses leverage procurement technology for: Automating Manual Processes: From issuing purchase orders to processing invoices, automation reduces errors and saves time.

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Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. What are e-procurement tools?

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Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1. Develop a Comprehensive Procurement Strategy A.

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Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 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?

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Procurement supply chain software solutions Purchase orders Procurement solutions 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.

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Procurement Real-time Visibility supply chain budgeting Procurement team 52

Let's Talk Supply Chain

APRIL 7, 2025

In the intricate dance of pharmaceutical supply chains, efficiency is key to ensuring the safe and timely delivery of life-saving medications.In a bid to streamline this vital process, LOG Pharma has implemented innovative solutions to enhance its drug packaging operations.

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Procurement Insights

FEBRUARY 26, 2025

Hansens concept of “Velocity Procurement” is a modern evolution of his earlier work in supply chain and procurement optimization, reflecting his decades of experience streamlining processes for organizations like the Canadian Department of National Defence and the New York City Transit Authority.

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Procurement Insights

APRIL 3, 2025

What unique benefits can the following ProcureTech solution providers offer to address the above-referenced supply chain challenges: ThroughPut.ai, FlockScore, ProcurEngine. These insights are based on their general focus areas within the ProcureTech and supply chain optimization space. ThroughPut.ai ThroughPut.ai

Supply Chain Efficiency 52

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

Skill Dynamics

JANUARY 30, 2025

Understanding Digital Procurement and Its Impact Digital procurement is the use of digital technology and tools to streamline, modernize, and optimize procurement operations within an organization. Arguably the best way to learn these skills is to apply them to real-world scenarios.

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Supply Chain Collaborator

AUGUST 3, 2018

Spot Quote Bid Reporting – providing competitive bidding for spot quotes and leveraging the data captured to understand what the market will actually bear instead of simply accepting “market rates” as defined by the carrier base. Especially useful for food shippers during production peaks in a tight capacity environment.

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