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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Inflation will Continue to rise in 2022. The annual rate of inflation in the United States hit 6.2%

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

A purpose-built solution can enforce proper governance and standards, automate master data optimization activities, identify product standardization opportunities, and automate category management for strategic sourcing in supply chain. In fact, 74% of ERP implementations go Over Budget and they take longer to roll out.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Budget is Foundational.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

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The 25 Hottest US Procurement Startups

Procurement Software

Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses. It also tracks wear & tear, monitors capacity, and allows for budget management.

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The Reality of Automation in Procurement!

Supply Chain Game Changer

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. In the end, the company can understand its costs and budgeting better. This article will examine the top benefits and most typical challenges with procurement automation.