Business strategy Risk management Spend management supply chain budgeting 
Planergy
SEPTEMBER 5, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important?
Pipefy
JANUARY 30, 2024
Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Contract and compliance management.
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Empowering CPO
JUNE 25, 2023
It’s a strategic function that requires careful planning, selection, and negotiation to ensure that businesses get the best value for their money. It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line.
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?
Zycus Cognitive Procurement
JANUARY 31, 2023
At its core are three distinct components — supplier segmentation, strategy development and execution – enabling companies to identify risks/opportunities while optimally engaging with their vendors. Reduced costs: Effective supplier relationship management brings a range of benefits to businesses.
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