article thumbnail

JOB ORDER – Everything You Should Know

Procurement Tactics

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

article thumbnail

Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

319: Improve the Way Buyers and Suppliers Work Together, with Nipendo

Let's Talk Supply Chain

The Nipendo platform is used by cross-vertical medium-sized and large companies across the globe, helping them reduce costs and improve procurement and supply chain efficiencies, as well as supporting their competitive strength. 10.34] An overview of Nipendo – what they do and how they help their customers.

Buyers 52
article thumbnail

Economic uncertainty ahead: 7 things you can do to prepare for a recession

Procurify

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. This blog will outline solutions to implement when planning for a downturn. What not to do when preparing for a recession?

article thumbnail

In Business Since 1982, A Who’s Who Client List In The Food and Beverage Industry, and Real-Time Market Price Coverage and Analysis – Do You Know Me?

Procurement Insights

When I started writing this blog in May 2007, one of the reasons was to provide unknown companies such as Coupa, Zycus, and others with a venue through which they could connect with a wider and more direct audience. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

article thumbnail

Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

article thumbnail

What Does Finance Think of Procurement?

Arkestro

Resources / Blog / What Does Finance Think of Procurement? On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. What Does Finance Think of Procurement?