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AnyData Solutions: Vendor Analysis — Spend analytics, SRM and contract management solution overview, roadmap, tech selection tips, analyst summary

Spend Matters

In the world of business, procurement departments play a pivotal role in shaping an organization’s success. They are the gatekeepers of resources, responsible for sourcing goods and services that drive operations, impact profitability and influence overall efficiency.

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Episode 139: Speaking the Language of Non-Verbal Communication with Laura Scarfe

Una

Laura is the Director of Business Academy Online, specializing in CIPS procurement training, negotiation, influencing, and emotional intelligence. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Laura Scarfe.

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Nudge Theory Applications in Procurement

The Good Spending

Transparency : The intent behind the nudge should be clear, ensuring that individuals are aware of the influence without feeling manipulated Alignment with Human Behavior : Nudges leverage natural human nature and cognitive biases , such as the tendency to follow default options or the influence of social norms.

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Value Creation Through Digital Transformation in Procurement

Una

81% believe more internal support is needed from within their businesses to realize digital transformation fully. And 50% aim to move to a business procurement-centric organization , acting as advisory consultants and business partners rather than executing routine processes.

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Is Procurement a back office function in 2024?

Procurement Software

It’s almost always down to one, or probably more, of these prevailing factors: Misaligned business objectives Poor data Inadequate or clunky technology Lack of mandate These are usually a product of the procurement team and its leadership. Is it something you’re able to easily influence and drive the necessary change?

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How do you know you are really “ready” to attend a live webinar?

Procurement Insights

Honestly, is that enough to motivate or entice you to register and then be one of the 50% to actually attend? Why Would You Attend ?

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Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals

Jaggaer

Equipped with the right technology and more time, managers and directors state that they would be able to grow the business and drive competitive advantage (51%), increase profitability and lower costs (43%), improve internal efficiency (40%), and strengthen supplier relationships (31%).