Arkestro

MARCH 2, 2023

Procurement has already survived the hectic times of COVID, and many people in the industry are feeling economic anxiety for what’s to come. So, how can you prepare your procurement team for an impending recession? Is procurement heading for a recession? Procurement teams have learned a lot in the past several years.

Procurement 52

Procurement Procurement team Price Suppliers 52

Supply Chain Game Changer

JULY 14, 2021

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. Procurement is fundamentally centered around the act of acquisition and/or buying.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Una

NOVEMBER 30, 2022

Procurement departments are adopting digital sourcing strategies to automate routine processes and fill employment gaps. Going digital also shows real-time value through more accurate spending transparency, better supplier relationship management, and advanced leveraging of data and analytics. .

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Supply Chain Game Changer

MAY 26, 2020

With the promise of future business awards Procurement is largely responsible for finding and qualifying potential new suppliers. Once there is a pool of suppliers Procurement conducts and leads the quotation and supplier selection process culminating in the award of business. The Responsibility.

Procurement 105

Procurement Purchase orders Ethics Supply Chain Optimization 105

Una

JUNE 22, 2023

Taking an Advisory Approach to Procurement An inside look at how Una, the nation’s fastest growing group purchasing organization, works to take an advisory approach to procurement. Far too often, however, procurement departments are overworked and understaffed.

Procurement 52

Procurement Purchasing Procurement strategies Procurement team 52

Barkers Procurement

OCTOBER 2, 2023

Why A Procurement Managed Service Can Transform Your Business Procurement is about more than just acquiring goods and services at the right time and at the best price for your business. You have to plan your procurement and align it with the overarching goals of the organisaton.

Management 52

Management Procurement Contract Contract management 52

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations. This is, ironically, why automation is critical.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Positive Purchasing

NOVEMBER 7, 2022

Annabel Kaur-Barry, who leads digital and production procurement globally for Interpublic Group (IPG) – one of the ‘big four’ global advertising agencies – looks at sustainable procurement in the creative industry. From the moment you converse with a supplier, say, ‘This is how I want creativity to happen.’

Sustainability 52

Sustainability Procurement Price Suppliers 52

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. They may include measurements like procurement cycle time, order accuracy, or automation rate.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Claritum

AUGUST 4, 2020

should Procurement be involved in these transactions? The Procurement team need only to be able to monitor and report as. are adhered to and that there is appropriate supplier selection. strategic suppliers, approved suppliers and competitive bids for. Address procurment strategy. Yes, Procurement’s.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Empowering CPO

JULY 17, 2023

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Pipefy

MAY 9, 2023

Monitoring procurement KPIs is a vital part of keeping track of an organization’s overall health and the smaller endeavors that contribute to that. 22 KPIs every procurement team should track As procurement has evolved so has the work of procurement teams, and especially so in recent years.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Barkers Procurement

JUNE 21, 2023

Improved capabilities for conducting sourcing events such as analytics of supplier bids and efficient feedback loops, enable more effective negotiation tactics resulting in significant savings rates. Suppliers can be classified, tracked against performance targets and measured all under one single platform.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Arkestro

NOVEMBER 7, 2023

In this blog, we’ll explore procurement’s role today and the factors, tools, and players setting the stage for procurement to finally move from a reactionary function into a strategic partner. A New Paradigm in Procurement In 2023, an overwhelming 95% of manufacturers plan to ask their suppliers for cost reductions.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Una

MAY 2, 2023

Like the anthropomorphic dog in the This is Fine meme , they’ve been denying the need to get to grips with their business spend despite a conflagration consisting of out-of-control costs, spiraling regulatory risk, and messy supplier relationships. Source Instead of launching procurement in a reactive panic, a lot of stress (and money!)

supply chain software solutions 78

supply chain software solutions Procurement Risk Sourcing 78

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. S2P begins much earlier than P2P within procurement and encompasses many additional steps than P2P.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

HICX

MARCH 10, 2023

By Costas Xyloyiannis, supplier experience expert and CEO of HICX When ESG rose to the top of the board agenda, leader needed to see how compliant and ready their businesses were across multiple areas. To gain this clarity, they sought a department that could capture, analyse and report on supplier information.

Procurement 52

Procurement supply chain software solutions Agile and Lean Supply Chain Suppliers 52

World of Procurement blog

JANUARY 19, 2022

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. I’ve personally spent 6 and a half years in Procurement and Supply Chain now.

Procurement 52

Procurement Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 52

Procurement Software

FEBRUARY 20, 2024

Weproc offers features for: Procurement Management Product Management Contract Management Supplier Management Budget Management Accounting Basic Analytics Weproc also aims to put user experience first. Thinking Machine offers a quick way to identify discrepancies in supplier invoices.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Claritum

OCTOBER 12, 2018

Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. The Category Manager needs to become more integrated into key business processes and more consultative in nature. 1 Introduction.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Pipefy

DECEMBER 18, 2023

In analyzing each of these drivers for adopting process automation software and getting to the root of these results, it’s clear that procurement teams are in need of a solution that not only improves day-to-day operations but also future process demands as they arise — independent of IT and without compromising agility.

Procurement 52

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

The Procuretech Podcast

APRIL 19, 2022

How will the skill set change for procurement teams? The skills that Procurement were historically trained on are being digitised. Advanced value optimisation / supplier partnerships. Risk and resilience.

Innovation 52

Innovation Procurement Category management Price 52