Pipefy

NOVEMBER 3, 2023

6 most common procurement pain points No matter the scale of a business, procurement is a complex process made up of many moving people, processes, and systems. When the procurement process is digitalized, it becomes easier to automate these manual tasks. Pipefy, 2023.

Procurement 52

Procurement Procurement team Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurify

MAY 24, 2022

As many as 95 percent of firms adopted technology in their procurement and supply practices according to the CIPS’ 2020 Digitisation in Procurement and Supply Report. . You need to create an e-procurement strategy that will guide your business procurement and supply processes. Support expense management .

Procurement strategies 52

Procurement strategies Strategy Procurement Cost of ownership 52

The Good Spending

JUNE 15, 2022

Examples: framework agreements, Vendor-Managed Inventories. The relationship-based view of industrial buying assumes three scenarios: Routinized exchange relationships for consistent and predictable demand with a higher degree of interdependence between parties.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Procurify

MAY 12, 2022

Procurement managers deal with things like: Sourcing activities and tactical sourcing. Negotiation and vendor management. In short, procurement generally involves making buying decisions under conditions of scarcity. Why is procurement important in business? Strategically selecting goods and services.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

The Good Spending

AUGUST 16, 2022

Some proven models of supply chain collaboration are Service Parts Logistics Vendor-Managed Inventory (VMI) Consignment Quick Response (Q.R.) Supply chain collaboration examples Collaboration has many facets and ways of realization (e.g., Not all of those are sufficiently exploited due to varying levels of trust.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization Agile and Lean Supply Chain 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