Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. Types of activity suitable for Project based procurement.

Procurement 41

Procurement Purchasing Suppliers Sourcing 41

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

Claritum

OCTOBER 21, 2019

Claritum Article - Procurement Blog. To help guide your search, we’ve compiled important considerations and questions, relating specifically to addressing automation of Indirect Procurement. Providing a streamlined, standardised, and automated procurement process for users within the organisation. Introduction.

Eprocurement 32

Eprocurement Suppliers Data Procurement 32

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! The correlation between technology and time is a special one. Disruption has taken a stronghold of us all, and the correlation between time and technology has made it impossible to stay ahead of the curve. Subscribe to Supply Chain Game Changer. She chose the hybrid route.

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 16

Supply Chain Efficiency Purchase orders Procurement Bidding 16

Finale Inventory

APRIL 30, 2024

These discrepancies result from a gap between the items a business has on hand and the number of items recorded in its inventory system. Depending on the industry, these discrepancies can further disrupt production schedules and procurement processes. Small business owners wear many hats.

Real-time Visibility 52

Real-time Visibility Inventory Price Data 52

Finale Inventory

APRIL 30, 2024

These discrepancies result from a gap between the items a business has on hand and the number of items recorded in its inventory system. Depending on the industry, these discrepancies can further disrupt production schedules and procurement processes. Small business owners wear many hats.

Real-time Visibility 52

Real-time Visibility Inventory Price Data 52

Claritum

SEPTEMBER 3, 2018

Claritum Article - Procurement Blog. However, although many procurement platforms exist, organisational adoption of eProcurement systems and their impact on organisational performance remains limited to mainly strategic spend categories. Yet, these tools often do not address the Indirect purchases that they need to make.

Eprocurement 36

Eprocurement Purchasing Purchase orders Innovation 36

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. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Introduction Unleashing the Power of Spend Analysis for Procurement Success In the world of procurement, data is the key to unlocking strategic decision-making and maximizing cost savings. Spend analysis, the process of comprehensively evaluating an organization’s expenditures, plays a pivotal role in driving procurement success.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Supply Chain Game Changer

NOVEMBER 6, 2018

Indirect goods and services can be one of the largest areas of expenditure in any company. And the operational impact that the provision of Indirect goods and services can have on a company can be significant, either positively or negatively. Indirect Procurement takes a back seat to Direct Procurement unfortunately.

Procurement 68

Procurement Procurement team Negotiation Supplier relationship management 68

HICX

MARCH 30, 2023

One size does not fit all and different customers and products have different success requirements. The growing remit of Procurement The body of work that a procurement function is expected to undertake and the remit of the function has been steadily growing. Never has this statement been more true or more urgent.

Suppliers 52

Suppliers Supply Chain Efficiency Data supply chain budgeting 52

Empowering CPO

JUNE 27, 2023

As a trusted provider of procurement services, our spend analysis offerings are designed to unlock the true potential of your business data, providing insights that can lead to transformative growth. This is where the power of spend analysis comes into play. This is a question we at EmpoweringCPO can help answer. Stay tuned.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Introduction In the complex world of procurement, where every penny counts, gaining a deep understanding of your organization’s spending habits is crucial to unlocking value and maximizing savings. Why is spend analysis so important in procurement? Imagine trying to navigate a labyrinth without a map or compass.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Claritum

MARCH 10, 2020

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Category-based Procurement Examples. The Inherent Challenges of Category-based Procurement. The Inherent Challenges of Category-based Procurement. Characteristics of good Category Procurement Activity.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

HICX

MARCH 30, 2023

But, although it’s central to marketing, it’s also core to what most people in most functions do every day, just with different levels of formality or sophistication,” he says. Resource Allocation The first of the two supplier segmentation examples , resource allocation, is firmly embedded in Procurement.

Suppliers 52

Suppliers Procurement team Data Procurement 52

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. The article is orientated towards indirect spend , however many of the principles apply to all spend categories. Typically, on Indirect Spend, suppliers can be engaged by users; how should these suppliers be viewed and handled by Procurement and other users? Introduction.

Suppliers 42

Suppliers Management Real-time Visibility Risk 42

Supply Chain Game Changer

DECEMBER 8, 2018

They include individuals new to Supply Chain as well as Industry leaders and everyone in between. They include individuals new to Supply Chain as well as Industry leaders and everyone in between. And they work in many different industries and vocations. Indirect Procurement – It’s Time to Rise and Shine!

Agile and Lean Supply Chain 47

Agile and Lean Supply Chain Supply chain Leadership Change management 47