Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? No, I fell into supply chain and procurement! Can you tell us a bit about your role at Balfour Beatty?

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Ask yourself why it is that startups are so lean and agile… Then there are those processes that just create work for work‘s sake: Travel approval requests: Just give each manager a budget. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Software

JANUARY 23, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Key Data: Founder / CEO: Dr. Elena Mechik Date Founded: 2019 Visit Inhubber profile in our Software Finder 2. Anyone at Series A onwards, we would typically label as a Scaleup.

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Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Ask yourself why it is that startups are so lean and agile… Then there are those processes that just create work for work‘s sake: Travel approval requests: Just give each manager a budget. Reductions in energy or material consumption. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Positive Purchasing

NOVEMBER 1, 2023

I’m looking at an eSourcing platform augmented by a selection of cloud-based solutions. I have a healthy budget, but am struggling to find the right fit – what would you say to me? In the example of the CPO seeking a more sophisticated solution, I would ask: What are you trying to fix? James: What’s the ROI?

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Procurement supply chain budgeting Category management Budget 111

Spend Matters

OCTOBER 3, 2023

Some cite budget constraints, some cite dealing with legacy systems, some cite getting senior management support, some simply don’t know where to start with a business case and others don’t know what systems to go for or what they actually need. One quarter of buyers are spending the equivalent of one day every week researching IT purchases.

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Procurement Price Buyers supply chain budgeting 77

ivalua

AUGUST 5, 2020

If this is done in a coordinated way, Invoice to Pay is more powerful than the traditional silo’s of Invoice software management, budget allocation and payments. Invoice to Pay and e invoicing solutions have enabled organizations like Select Medical to achieve 96% straight-through-processing of payment requests. Invoice Hub .

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supply chain software solutions Real-time Visibility Suppliers supply chain budgeting 130

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. These are usually not the household names with massive marketing budgets to sponsor glitzy conferences. Apple has him to thank for how sleek and optimised its supply chain is.

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supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. A single solution can and should perform as many of these steps as possible, although this goal is typically difficult to achieve.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. Supplier-managed catalogs live within the buyer’s purchasing system, but the supplier has access to the catalog so they can maintain it.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Procurement Software

OCTOBER 17, 2023

Fast Moving Consumer Goods FMCG businesses (or CPG to our American readers) are built on slick supply chains which foster brand value and delight customers. That’s why Procurement often sits within the Supply Chain function. appeared first on Procurement Software. This brings us to the final piece of the puzzle.

Data 59

Data Procurement supply chain budgeting supply chain software solutions 59

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement. Inadequate Budgeting Without a budget, a business may not be able to negotiate favorable terms with providers.

Management 52

Management Procurement supply chain budgeting Budget 52

Solvoyo

DECEMBER 9, 2020

Companies tend to engage in request for information (RFI), request for quote (RFQ) and request for proposal (RFP) processes to make sure they end up choosing the right software that meets their business and IT requirements. appeared first on Supply Chain Analytics, Planning & Optimization Software | Solvoyo.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Procurement Software

AUGUST 22, 2023

We’re gradually evolving into being the fulcrum of an organisation’s supply chain who strategically manages and controls supplier relationships. We’re rarely involved in the budgeting and forecasting process. The best software developers and marketing strategists are all freelancers. It’s not always our fault.

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team Category management 52

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

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Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 100

Pipefy

MAY 9, 2023

Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services. Budget review and request for proposal Finance reviews the PO and establishes the availability of funds.

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Procurement Real-time Visibility supply chain budgeting Procurement team 52

Zycus Cognitive Procurement

DECEMBER 10, 2021

And the S2P software enables multiple activities such as auctions, spend analysis, purchasing categories management, purchase requisitions, sourcing events, billing and vendor relations within the same solution. A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle. Seamless technology integration.

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Sourcing e2e Contract supply chain budgeting 52

Procurement Software

MARCH 11, 2022

Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. 2) Uncontrolled purchases.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. 2) Uncontrolled purchases.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 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. Purchasing teams are able to maintain a close watch on budgets, requesters, and requests. Better purchasing power.

Purchasing 52

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

Spend Matters

NOVEMBER 2, 2023

SAP Concur has been making numerous changes related to UX (especially in travel planning where GenAI chatbot can be helpful) and across-the-board enhancements regarding platform, integration (with budgets/policies on front-end and global payments on the backend) and other areas.

Networking 87

Networking Spend management Suppliers Supply Chain Optimization 87

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain. Go do that now.

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Procurement Procurement team supply chain budgeting Contract management 52

The Procuretech Podcast

JUNE 28, 2022

He says that, interestingly enough, many of the biggest companies make the biggest mistakes - 50, 60, perhaps even 70 percent of a company’s overall budget is managed through suppliers by procurement. Or is it more simple, that procurement just needs a bigger training budget? The standard software can’t do it. He says no.

Sourcing 52

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

Procurement Software

MAY 23, 2023

Very few CEOs come from Procurement or Supply Chain. Supply Chain should become one of the top agenda items on board level meetings. Not ignoring the importance of regular, two-way feedback between buyer and supplier is also key. The CEO must therefore take personal ownership of this change.

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Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors.

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Sourcing Suppliers Procurement Bidding 52

Procurement Insights

JUNE 24, 2022

In discussing eSourcing, the guest author of the October 2008 post suggests, “It is perfectly possible to prepare a company’s annual accounts on spreadsheets, but it is much less time consuming and error-prone to do the same job with an accounting software package.” Interesting timing? Jemin Patel Director at ProcurePort.

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Zycus Cognitive Procurement

JANUARY 31, 2023

Consolidation of Supply Chain: Through better understanding of one another, buyers and suppliers can work together to mutually benefit from improved efficiency in the supply chain. This streamlining enables more accurate forecasting of budgets over time.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

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supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Planergy

JANUARY 19, 2023

Additionally, since it requires minimal effort and resources compared to other cost analysis methods, it has become a popular choice among many businesses looking for ways to optimize their budgeting process. Related Posts The post Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs appeared first on Planergy Software.

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supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect incoterms are also one of the most common causes of supply chain disruption. The solution developed by Sparetech. Vendor intake and management solutions. appeared first on Procurement Software.

Data 52

Data Raw materials Procurement Suppliers 52

Procurement Software

MARCH 11, 2022

This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect incoterms are also one of the most common causes of supply chain disruption. The solution developed by Sparetech. Vendor intake and management solutions. appeared first on Procurement Software.

Data 52

Data Raw materials Procurement Suppliers 52

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Jaggaer

OCTOBER 8, 2019

With budgets not growing at an adequate pace, or even shrinking, procurement cannot deliver the value that digital transformation promises. This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

SCMDOJO

APRIL 26, 2023

Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management. To have an efficient supply chain system, category management through efficient supplier management is important to achieving this objective.

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