Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

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

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Responsible sourcing – Establishing trust and transparency in the value chain.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

NLPA (Next Level Purchasing Association)

JULY 20, 2023

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

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

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

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

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. What are procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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 76

e2e Procurement supply chain software solutions Contract 76

Barkers Procurement

JUNE 21, 2023

The concept of an overarching Business Spend Management platform (BSM) is a relatively new and compelling concept, championed by our partners at Coupa, and is just as strategically important as your ERP, MRP or CRM systems. And increased self-serve processes reduces time spent on tactical aspects of managing contracts.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. Manage your inventory efficiently. Sell smarter.

supply chain budgeting 52

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

Pipefy

OCTOBER 25, 2023

In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software. The same percentage reported considered error reduction as a main driver behind their adoption of process automation software.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 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. As a result, their tools enable them to do their jobs in a more efficient manner with better results. Apple has him to thank for how sleek and optimised its supply chain is.

supply chain budgeting 52

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

Procurify

JULY 20, 2022

Before, purchasing managers often prioritized spend management. 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. .

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 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. Just for the record, I didn’t spend $4,500 to read it in full!). Implementation took too long and it was a costly consulting project on top of the outlay for the actual software itself.

Procurement 59

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

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. Team efficiency.

Purchasing 52

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

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. AI, GenAI and Joule SAP made some announcements about SAP Joule, its GenAI-powered copilot solution.

Networking 87

Networking Spend management Suppliers Supply Chain Optimization 87

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

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

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

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. These include the need for greater efficiency and the desire to build procurement processes with more structure and less fragmentation.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Zycus Cognitive Procurement

JANUARY 31, 2023

Supplier relationship management helps to break down suppliers into categories and develop strategies for managing them in the most efficient way possible. 5 Benefits of Effective Supplier Relationship Management Companies with advanced supplier relationship management capabilities tend to outperform their peers.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Social media management. It should also provide details on the specific services you’re looking for and any budget or timeline constraints you may have.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Pipefy

DECEMBER 18, 2023

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. The result is an acutely streamlined tech stack free of process or capability gaps, reduced risk, better use of employee time, and accelerated (and accurate) change management.

Procurement 52

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

Una

JANUARY 8, 2024

You snag a bunch of budget-friendly printers without considering the long game. Not to mention, they're guzzlers, and your fuel budget is through the roof. Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan. Financial Value Show me the money!

supply chain budgeting 52

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

Procurement Software

MARCH 11, 2022

This is usually measured against budget standard costs, which are based on last price paid or moving average price. These often rely on procurement professionals’ negotiation skills to avoid costs that otherwise would hit the company’s budget. White space savings (freeing up someone’s time and increasing operational efficiency).

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

This is usually measured against budget standard costs, which are based on last price paid or moving average price. These often rely on procurement professionals’ negotiation skills to avoid costs that otherwise would hit the company’s budget. White space savings (freeing up someone’s time and increasing operational efficiency).

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness.

Procurement 52

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

Planergy

JANUARY 19, 2023

As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

SEPTEMBER 8, 2022

Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Are the supplier’s costs reasonable and in line with your budget? Do you know how much you can realistically afford to spend?

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Planergy

JULY 18, 2023

Working capital measures how efficiently a business uses its resources to generate sales and profits. In other words, it indicates how well the company manages its short-term financial obligations. Positive working capital indicates that a company has enough liquid assets (cash flow) to cover its current debts. treasury bills, etc.

Import 52

Import supply chain budgeting Inventory Budget 52

Planergy

AUGUST 25, 2022

Improved efficiencies Touchless transactions and the use of blockchain will automate much of the manual processes that create logjams in a business. This could be streamlining workflow, greater job efficiency, or even creating a better customer experience. Use PLANERGY to manage purchasing and accounts payable. Download PDF.

Data 52

Data supply chain budgeting Purchasing supply chain software solutions 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management.

Management 52

Management Procurement supply chain budgeting Budget 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.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52