Procurement Insights

APRIL 5, 2025

from event websites, Procurement Magazine) with a 5% inflation adjustment for 2025, using practitioner rates (not investor/startup discounts). What is the average annual budget allotted per procurement professional to attend conferences and expos? Within that budget range, which of the above 5 conferences would you attend?

supply chain budgeting 52

supply chain budgeting Procurement Supply chain Budget 52

Finale Inventory

NOVEMBER 20, 2024

Black Friday and Cyber Monday (BFCM) are the ultimate tentpole events for ecommerce sellers, but success doesn’t come without preparation. Use sales trends from last year’s BFCM alongside data from events like Prime Big Deal Days to inform your strategies. Leverage Data and Insights Historical data is invaluable.

Inventory 52

Inventory Price Strategy Budget 52

Planergy

DECEMBER 12, 2023

Download Free Copy Budgeting In UK Schools: MAT, Academy Budgeting Challenges and Best Practices Written by Keith Murphy 19 min read Budget Management Education Financial Planning & Analysis (FP&A) Download PDF KEY TAKEAWAYS School finance is complex, and budget monitoring is important to prevent overspending.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

Planergy

SEPTEMBER 6, 2023

Download Free Copy Strategic Budgeting: What Is It, Process, and Best Practices Written by Lyle Del Vecchio 17 min read Best Practices & Tips Budget Management Process & Procedures Download PDF KEY TAKEAWAYS Strategic budgeting combines long-term budgeting with an organization’s strategic priorities.

Budget 52

Budget Real-time Visibility Innovation Data 52

ivalua

SEPTEMBER 13, 2020

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. Buying at negotiated prices and within budget. Benefits: 100% of spend analyzed; 2000 sourcing events executed. Case in Point.

e2e 147

e2e Procurement Budget Contract 147

Arkestro

MAY 21, 2024

Resources / Blog / 3 Things to Know About Arkestro’s Exclusive Advisory Council Events 3 Things to Know About Arkestro’s Exclusive Advisory Council Events It’s no secret that anyone working in procurement — from CPOs to procurement managers — has their work cut out for them in 2024. increase in spend this year).

supply chain budgeting 52

supply chain budgeting Agile and Lean Supply Chain Suppliers Logistics 52

The Thomas Blog

MAY 16, 2024

Event lead generation is the process of attracting and converting event attendees into prospects with a potential interest in a company's products or services. At its core, it's about creating valuable interactions that capture participants' attention, whether through a trade show, conference, webinar, or any other type of event.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Quality 52

Procurement Insights

MAY 7, 2025

he ProcureTech narrative often highlights innovation leaders, but the reality is that many companies, even those with solid offerings, struggle to break through due to market saturation and budget constraints60% of procurement leaders cite budget as a barrier to automation adoption (Procurement Magazine, January 2025).

supply chain budgeting 52

supply chain budgeting Budget Innovation Procurement 52

Spend Matters

FEBRUARY 26, 2025

The lines between these two critical functions are often blurred, which could lead to potential misalignments in budget planning, compliance and operational goals. However, one of the significant challenges in public sector procurement is understanding where Procurement ends and Finance begins and vice versa.

Procurement 117

Procurement Bidding Contract management Data 117

Jaggaer

MAY 16, 2025

In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. Procurement teams now include specialists such as category managers with deep market knowledge who drive sourcing events and significantly impact the companys bottom line.

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 11, 2022

Managing the budget, hotel services, and front-of-house operations; Managing the financial records and creating expenditure plans; Dealing with complaints from the hotel guests; Contacting the suppliers; Training the hotel staff; Managing property checks and ensuring top security. Event Manager. They also require high-quality services.

supply chain budgeting 19

supply chain budgeting Budget Supply chain Management 19

Shapiro Negotiations Institute

SEPTEMBER 17, 2024

6 Strategies To Find A Keynote Speaker You know that feeling when you leave an event thinking, “Wow, that was actually worth my time”? A keynote speaker can make or break the event with words that energize the crowd and set the event’s entire tone. Think about the last time you left an event feeling inspired.

Budget 40

Budget Negotiation Networking Strategy 40

Procurement Software

JANUARY 30, 2024

Procurement conferences are more popular than ever, after almost 2 years’ absence of in-person events during the pandemic. Matthias and Herman from DPW have also announced that there will be a DPW event in New York this year too. These events are known for their interactive sessions. For more details and registration here.

Procurement 52

Procurement Chief Procurement Officer supply chain budgeting supply chain software solutions 52

Planergy

FEBRUARY 24, 2025

Address challenges like tight budgets and high transaction volumes with smart planning and collaboration. It could cover textbooks, computers, building repairs, or even catering for an event. Keeping AP organized makes budgeting easier and helps schools build good relationships with vendors by being reliable payers.

Management 52

Management Budget Negotiation Purchasing 52

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. trillion, making grants roughly 17% of the total federal budget. . Federal grants often make up a large portion of any state, county or municipal budget.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Spend Matters

APRIL 15, 2025

Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone. Leading firms are using AI to model extended value chains, linking them with AI-assisted supplier intelligence to anticipate risks before they become problems.

Real-time Visibility 69

Real-time Visibility Procurement e2e Supply Chain Efficiency 69

ivalua

MAY 30, 2025

High initial implementation costs: The cost of software, integration, and training can be a barrier to AI adoption, particularly for small and mid-sized enterprises (SMEs) that may lack the budget or internal resources to deploy advanced AI-driven procurement systems at scale.

Procurement 130

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

Procurement Tactics

APRIL 20, 2023

To give you an example, there is a law in Kenya that requires all public entities both at the national and county level to allocate 30% of their procurement budget to youth, women, and people with disabilities. Individuals can contribute by participating in community events and initiatives that promote sustainability.

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

ivalua

OCTOBER 13, 2022

This is despite 62% of respondents saying they have sufficient budget to achieve all or most of their objectives and deliver on their supply chain transparency aspirations.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 130

Supply Chain Game Changer

MARCH 11, 2022

Trade show exhibitions are an excellent opportunity to showcase a novel product, a new service, or a grand event. While it is an avenue for a variety of things, it also means that everyone is competing for the attention of visitors who will be attending the event. Create a Budget and Set Objectives.

supply chain budgeting 98

supply chain budgeting Budget Supply chain Import 98

Arkestro

DECEMBER 5, 2024

This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. By partnering with Arkestro, procurement teams are making quicker and better-informed decisions that better equip them to react to unexpected black swan events.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Spend Matters

DECEMBER 22, 2023

You don’t want to be prompted to input a budget or confirm a customer sub-category. We’re working with customers on GenAI event creation, sourcing of upcoming renewals, policy adherence, autonomous negotiations, contract renewals, RFP scoring and supplier engagement. For example, imagine you’re looking for a fence repair.

Procurement solutions 112

Procurement solutions supply chain budgeting Procurement Budget 112

Supply Chain Game Changer

MAY 25, 2022

Aside from getting network links, you can collaborate with like-minded entrepreneurs or participate in events hosted at the coworking space. The overhead of running a traditional office space can be challenging if you don’t have a budget to support it. Productivity. It may even frustrate the growth of your business.

supply chain budgeting 119

supply chain budgeting Budget Supply Chain Optimization Supply Chain Efficiency 119

Spend Matters

FEBRUARY 27, 2025

Common catalysts for change While on the grander scale organizational change can be spurred by major events, like M&As, a new CEO, industry disruptions or an intention to go public, oftentimes its something far less obvious. We wanted to ask her what she has witnessed as the main motivator for procurement transformation.

Procurement 73

Procurement Real-time Visibility Change management Data 73

Una

FEBRUARY 6, 2023

“Given that spending on suppliers—the job of procurement—accounts for more than half of a typical company’s total budget, this makes no sense,” the authors argue. “In In effect, it means that CEOs spend next to no time either thinking about or being actively involved in how their companies spend more than half of their budgets.

Procurement 98

Procurement Budget Supplier relationship management Suppliers 98

TYA Suite

APRIL 13, 2025

Think of it as a roadmap that guides a purchase order through the right handsfrom the employee who needs the item to the manager who approves the budget, and finally to the finance team that processes the payment. It ensures purchases are necessary, fit the budget, and follow company rules, preventing overspending or mistakes.

Purchase orders 40

Purchase orders Purchasing Real-time Visibility Budget 40

TYA Suite

APRIL 13, 2025

Think of it as a centralized hub that simplifies tasks like supplier negotiations, purchase approvals, budgeting, and delivery tracking. Whether its ordering laptops for a remote team, sourcing materials for manufacturing, or hiring a catering service for an event,procurement managementkeeps everything running smoothly.

Management 40

Management Procurement Real-time Visibility Budget 40

Supply Chain Game Changer

OCTOBER 16, 2022

Casino events : Big casinos host sporting and entertainment events from time to time. Visiting a casino on days of major events is a great way to make the most out of your trip. Boxing matches, musicals, music concerts, and comedy shows are some popular events that are hosted by casinos.

supply chain budgeting 19

supply chain budgeting Budget Supply chain Supply 19

Procurement Tactics

MAY 8, 2023

You will need retailer point-of-sales data, causal information, and information on planned events to make an initial sales forecast. Forecasting phase In the forecasting phase, trading partners will first make an initial sales forecast. The next step is to identify the exceptions for the sales forecast such as seasonal products.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Supply Chain Game Changer

SEPTEMBER 7, 2022

Have you noticed the sun barely beating down your back during these events? If you have an event coming up or need extra room for personal effects, continue reading to find out whether you should buy a tent or rent one. So, if you want opaque or clearspan tents for your outdoor events, you can find one to your liking.

supply chain budgeting 98

supply chain budgeting Suppliers Supply chain Quality 98

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. Visibility is essential to quickly and effectively respond to a supply chain event, and to collaborate with suppliers on innovative risk mitigation strategies.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. The schools procurement team ensures schools can order the necessary items while maintaining the budget and standards. directly impact procurement budgets.

supply chain budgeting 52

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

Procurement Tactics

OCTOBER 25, 2022

This is due to the events that have transpired in the last few years which have accelerated the widespread adoption of these technologies that are becoming the standard in the years to come. . 85% of logistics leaders expect to see an increase in outsourcing budgets. Both automation and omnichannel have been trending for a while now.

Suppliers 182

Suppliers Demand Budget Negotiation 182

ivalua

JULY 11, 2022

Automated Assessments: Automate information gathering and actions with the ability to auto-trigger supplier assessments and/or schedule them based on events, business rules or a specific time period to engage suppliers effortlessly and in a timely fashion. Other notable highlights include: Supplier Risk & Performance Management .

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

ivalua

NOVEMBER 29, 2021

Budgeting challenges as tail spend typically often not planned for . Spot Bids: Promoting this as an option to employees will help ensure that Procurement gets involved but also that employees are not waiting for a long sourcing event to take place, its done in a matter of days. How to analyze your Tail Spend: Understanding spend data.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

ivalua

AUGUST 1, 2019

Nitor, the leader in source-to-pay transformation, and Ivalua, a leading provider of global Spend Management Cloud Solutions , announced the successful launch of the Maryland Department of General Services’ new e-procurement system, eMaryland Marketplace Advantage (eMMA), which deployed on schedule and on budget.

Bidding 100

Bidding Quality Spend management Budget 100