Procurement Insights

APRIL 16, 2024

So, what makes a human or, in this case, a procurement professional, productive? To find out more about this fascinating topic, be sure to sign up for Scoutbee’s next webinar – The future of procurement is people who are tech savvy not procurement savvy – on June 6. 60% of businesses in the U.S.

supply chain software solutions 89

supply chain software solutions Supply Chain Optimization Data Procurement 89

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . REDUCE SUPPLY RISK TO ENSURE SUPPLY CONTINUITY . ACT AS A STRATEGIC ADVISOR TO THE BUSINESS

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement team supply chain software solutions Sustainability 130

The Good Spending

MAY 27, 2024

As I constantly update my course materials on Technology Procurement , I encountered some odd species of IT and technological jargon, which I wanted to share in this post. Disintermediation Disintermediation is the process of removing intermediaries from a supply chain. My Udemy course "Value-based Procurement."

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 59

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. Digital transformation in procurement.

Procurement 52

Procurement supply chain software solutions Real-time Visibility 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. This can range from raw materials for production, to office supplies, to strategic partnerships.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

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

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. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. resource within the business. the procurement function.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Key Data: Founder / CEO: Gregory N.

Supply Chain Efficiency 59

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

Una

MAY 2, 2023

When Should My Small Business Create a Procurement Function? Tips for small business owners on how to implement a procurement function as your organization scales – and before it’s too late. Because in our experience, small business owners inevitably reach for the procurement lever waaaaay too late.

supply chain software solutions 78

supply chain software solutions Procurement Risk Sourcing 78

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

OCTOBER 17, 2023

Procurement spend data is often unstructured, difficult to interpret and unreliable as a source of truth. Poor data quality is one of the biggest challenges that procurement leaders face when embarking on a digital transformation or procurement excellence journey. Procurement’s dirty spend data: why, and what to do?

Data 59

Data Procurement supply chain budgeting supply chain software solutions 59

Pipefy

NOVEMBER 3, 2023

Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. With the right tools, teams can achieve this and more. Pipefy, 2023.

Procurement 52

Procurement Procurement team Supply Chain Efficiency Agile and Lean Supply Chain 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. With better data comes more precise insights into your Supply Chain. That’s vital.

Procurement 52

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

HICX

MARCH 10, 2023

Ideally, they wanted a single team that had worked with 100% of suppliers across the business – which didn’t exist. What did exist was Procurement, a function that did worked with all suppliers, albeit in one area: transactions. So, management ended the search and tasked Chief Procurement Officers (CPOs) with this added job.

Procurement 52

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

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. 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.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Barkers Procurement

JUNE 21, 2023

There are multiple audiences within the business who will all be heavily impacted by the introduction of a new BSM platform; this paper sets out the business case for change for each. Improved reporting facilitates planning and execution of sourcing events, reducing time spent by the procurement function.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Pipefy

DECEMBER 18, 2023

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Growing investments in procurement technology.

Procurement 52

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