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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

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JOB ORDER – Everything You Should Know

Procurement Tactics

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. To continue to optimize procurement processes, implement these lessons in future job orders.

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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

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Everything You Need to Know About Procurement Solutions

Pipefy

These solutions — sometimes referred to as e-procurement — relieve procurement professionals and other stakeholders of manual and repetitive tasks, which saves time, cuts costs, decreases errors, and increases revenue for their businesses. It also provides visibility into your entire invoice workflow, from issuance to payment.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation. To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational.

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Automated Invoice Processing: Definition & Steps to Improve Invoice Management

Pipefy

Factors driving invoice processing automation According to Doxey, the adoption of invoice processing automation is no longer just about improving efficiency. By digitizing and automating the accounts payable process (and larger procure-to-pay process), invoice processing becomes faster, more accurate, more efficient, and more secure.

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