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. This blog will outline solutions to implement when planning for a downturn. What not to do when preparing for a recession?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 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 tight margins and the need to optimize costs in these fields led to a more structured approach to procurement departments and more relevance in their organizations.

supply chain budgeting 52

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

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. Establishing Tail Spend Analysis Metrics Companies should establish metrics to measure their progress to ensure they get the most out of their tail spend analysis.

supply chain budgeting 52

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

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. By finding the right partnerships and putting together a comprehensive plan, businesses can ensure they’re getting the most out of their marketing budget. Download PDF.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Una

JANUARY 8, 2024

You snag a bunch of budget-friendly printers without considering the long game. Company Vehicles Cost-First Crusader As the fleet manager, decide to go for the cheapest company vehicles available. Not to mention, they're guzzlers, and your fuel budget is through the roof. Financial Value Show me the money!

supply chain budgeting 52

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

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. How Pareto Analysis Helps Your Procurement Strategy? Download PDF What’s your goal today?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

JULY 18, 2023

Remember that this number should always be positive; if it isn’t, you may need to adjust your budget or restructure some of your debt payments to ensure adequate business liquidity. You can accomplish this by negotiating discounts with the most important suppliers in your supply chain, or finding suppliers who offer better pricing.

Import 52

Import supply chain budgeting Inventory Budget 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?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 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

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

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

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. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency. Wasted Spend Without adequate supply chain management , organizations risk wasting a lot of money.

Management 52

Management Procurement supply chain budgeting Budget 52

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows. For example: the ERP system, SAP, Netsuite, and other finance software. What is digital procurement?

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Purchasing 52

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

Pipefy

DECEMBER 18, 2023

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. A pivot towards simplifying complex data and process management. In some cases, we may have only budgeted a 10% increase. So the challenge for procurement increases.

Procurement 52

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