NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. Spend Management is a crucial element in ensuring that we achieve our financial goals.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Planergy

SEPTEMBER 5, 2023

In this article, we will discuss the typical steps involved in the budgeting process, the challenges of forecasting, best practices for effective business budgeting. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. Quality Quality management is a crucial part of business strategy.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Planergy

DECEMBER 22, 2022

Governance: The governance pillar covers a company’s leadership, ethical practices, transparency, and accountability. ” For many years, businesses have focused primarily on their financial bottom line – making money. Then businesses track their progress towards those targets and report their progress publicly.

Data 52

Data Strategy Sustainability Ethics 52

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Purchase orders. Contract and compliance management. Invoice approvals.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement. Why is Holistic Supplier Management important? or a contractual relationship.

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52