SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Price 60

Price Purchasing supply chain budgeting Raw materials 60

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. What is Procurement Software?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Express

DECEMBER 24, 2024

The way businesses handle purchasing is evolving. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. What is Purchase Order Management? How Does Purchase Order Management Work?

Purchase orders 52

Purchase orders Purchasing Management Real-time Visibility 52

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Express

DECEMBER 24, 2024

Purchase control is one of those things that feels small until its not. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. How much time is your team wasting on the purchase order process?

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

ivalua

MAY 21, 2025

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. They increase an organization’s efficiency during processes like sourcing, purchasing, supplier management, and spend analysis.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain e2e 130

TYA Suite

OCTOBER 27, 2024

This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers. is a comprehensive solution designed to automate and optimize the. is crucial for maintaining strong vendor partnerships.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Planergy

SEPTEMBER 5, 2023

Download Free Copy Budgeting Process: Steps and Best Practices for Planning a Budget Written by Keith Murphy 18 min read Best Practices & Tips Budget Management Process & Procedures Download PDF KEY TAKEAWAYS Budgeting is crucial to ensure your business has enough money to remain operational and earn profit.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules.

supply chain budgeting 52

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

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. Without a proper system, it becomes harder to track budgets, follow company rules, and manage suppliers. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Spend Matters

MAY 27, 2025

Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management. Ensure procurement data is linked to financial dashboards Procurement spend data must be available in real-time for financial forecasting and budget adjustments.

Real-time Visibility 81

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 81

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms?

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

TYA Suite

MAY 3, 2025

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

TYA Suite

MAY 3, 2025

Automate and Plan the Purchase Process In my experience as the CEO of NetSharx Technology Partners, one of the primary features businesses should look for in procurement systems integration capability. When choosing procurement software, the first thing I always recommend is to look for automation. Better records mean better outcomes.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Total Supply Chain Cost.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Spend Matters

APRIL 15, 2025

In procurement, these MVPs are the professionals driving smarter and more sustainable purchasing decisions. This role focuses on reducing supply chain risks through improved relationships, audits, and comprehensive evaluations of supplier performance at all levels of the chain. The Quality and Sustainability Advocate.

Procurement 101

Procurement Category management Chief Procurement Officer Risk management 101

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 104

Influencing Procurement supply chain budgeting e2e 104

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

Supply Chain Efficiency 130

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

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. A clear budget 4. Softwares Available for Creating and Managing Job Orders 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Companies can take them out to upgrade their supply chain infrastructure, such as buying new sorting machines or integrating advanced software.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 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.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Procurement in education is far more than simple purchasing. Think classroom supplies, laboratory equipment, educational software, and learning resources.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Tactics

MAY 30, 2023

Procurement managers, also known as purchasing managers, supervise a company’s relationship with suppliers and the logistics of transportation. They manage the sourcing and purchasing of goods and services that the organization requires to operate effectively. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Insights

JANUARY 9, 2025

NPI Financial, an IT procurement advisory services company based in Atlanta, Georgia, specializes in helping enterprises identify and eliminate overspending on IT purchases. Budget Constraints: Limited resources for continuous training, upgrades, or user support.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

Spend Matters

OCTOBER 1, 2024

This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices.

Purchase orders 111

Purchase orders supply chain software solutions Management Supply Chain Efficiency 111

Procurement Insights

OCTOBER 30, 2024

These bastions of success have very little to do with the technology (so you can ignore those “comparison” advertisements by the software vendors), and more to do with the individuals involved in the selection and implementation process. They all need to be thinking strategically about where the best value is.”

Leadership 75

Leadership supply chain budgeting Purchasing Budget 75

Una

JULY 6, 2022

Benefits of a Group Purchasing Organization. A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. A group purchasing organization leverages the collective purchasing power of thousands of businesses to secure lower prices for their members. Savings and beyond.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

ivalua

JULY 11, 2022

Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174. Automated Bid & Buy: Empower users to conduct simple and automated spot bids from within a purchase requisition. Procure-to-Pay. About Ivalua. 212-239-8594.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

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

Procurement Express

FEBRUARY 28, 2025

Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. Virtual CFO tools range from cloud-based accounting platforms to cash flow forecasting, budgeting, and spend management software. Thats where a virtual CFO tool stack comes in handy.

Real-time Visibility 52

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

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. In the interim, requisitions, purchase orders, accounting, and receiving all work together to handle the finer details of the process. Subscribe Here!

supply chain budgeting 116

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 116

Procurement Insights

JUNE 3, 2025

Poll Time The following is a poll that was posted in the Global & Purchasing Supply Chain Professionals LinkedIn Group, which has over 164,000 members. Example 3: ERP Implementation Delays Scenario: An SAP Ariba or Oracle implementation misses timelines and goes over budget. Use this link to check out the group.

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. This consolidation aimed to make supply chains more resilient.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 82