Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. My role also involves ad-hoc IT renewals and managing this process. 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!

supply chain budgeting 130

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

Procurement Tactics

AUGUST 31, 2022

A great e-invoicing software will have numerous levels of security measures to safeguard records and confidential information from hackers. . Using e-invoice software can minimize late payments. Features of E-Invoicing Software. Managing old invoices is difficult. E-Invoicing Software Tools in 2022.

supply chain software solutions 130

supply chain software solutions Procurement supply chain budgeting Supply Chain Efficiency 130

NLPA (Next Level Purchasing Association)

JULY 20, 2023

Resource Allocation: By strategically managing spend, teams can allocate resources in a way that aligns with the organization’s objectives and priorities. This includes budgeting, forecasting, and optimizing the utilization of available funds. Conclusion: Congratulations!

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Software

APRIL 25, 2023

Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. But getting on board with digital transformation no longer means investing in one big software solution. Smaller, targeted solutions can add value to your business in many ways. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools.

e2e 78

e2e Procurement supply chain software solutions Contract 78

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . He then moved to the UK for a PhD scholarship.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Arkestro

APRIL 25, 2023

In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. Construction companies are also up against hurdles in the procurement process, working around unique requirements, cost and budget constraints, tight turnarounds, and more. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

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. The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities.

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

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

As per a recent survey , 40% of board directors have moved digital business-related budgets from central technology and IT budgets to business functions. Accordingly, the time is right for procurement to take centre stage and create benchmark KPIs to ensure sustainability in global supply chains. Risk management.

supply chain budgeting 52

supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Subscribe Here!

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supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Procurement Software

NOVEMBER 28, 2022

This statistic comes from a recent article all about the procurement analytics software market and its potential to explode in terms of growth. In other words, I would lump e-sourcing, contract management and certain supply chain risk and resilience technology into this definition too. during that period.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59

Barkers Procurement

FEBRUARY 25, 2024

In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery. The positive impact of Procurement software can be felt by those that plan, too.

Procurement 52

Procurement supply chain software solutions Contract Agile and Lean Supply Chain 52

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.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

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Supplier relationship management supply chain software solutions Suppliers Management 181

Procurify

JULY 20, 2022

Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. . With the current state of supply chains, purchasing managers need transparent market and supplier intelligence.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Gain valuable insights and knowledge to effectively manage total cost of ownership in today’s evolving business landscape.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Empowering CPO

JUNE 26, 2023

In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value. Fragmented Supply Chains: The healthcare supply chain is complex and often fragmented, involving multiple stakeholders such as manufacturers, distributors, and group purchasing organizations (GPOs).

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Planergy

MARCH 2, 2023

Common metrics for tail spend management include: Cost savings Number of suppliers used Number of contracts renegotiated (contract management) Number of items consolidated Number of items standardized By tracking these metrics, procurement functions can get a clear picture of their progress and identify areas for improvement.

supply chain budgeting 52

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

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

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supply chain software solutions Contract management Contract Sourcing 52

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. Organizations, particularly small to medium-sized businesses, might face challenges due to limited resources and budget constraints.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

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

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

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. Contract management: Effective contract management is vital to monitor and enforce agreed-upon pricing and terms.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. So, let’s assume that we’re probably not going to get additional budget for more people or tech investments. How would I take this category management team of 10 each on $100K a year?

Category management 40

Category management Procurement supply chain budgeting Budget 40

Procurement Software

MARCH 5, 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. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

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

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

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. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI. It offers solutions for vendor management, sourcing, and productivity.

Procurement 52

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

Barkers Procurement

JUNE 21, 2023

It enables Finance to be actively involved in the decision-making process, acting as a control point to determine permissible spend against agreed budget. In essence, a BSM platform provides Finance with an extremely strict and powerful budget management measure. And these approvals can be set based on multiple factors.

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supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

IBM Supply Chain Blog

APRIL 4, 2024

Get the COO’s Pocket Guide to Enterprise-wide Intelligent Automation 3 main types of business process management Integration-centric BPM focuses on processes that don’t require much human involvement. Standardized workflows can be created that guide contracts through each stage of the lifecycle.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. Contract Negotiation Finalize agreements with selected vendors, considering budget constraints and legal considerations. 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

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