Remove Business strategy Remove Spend management Remove supply chain budgeting Remove Supply Chain Optimization
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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy

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?

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy

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?

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Supplier Relationship Management: A Comprehensive Guide 2023

Zycus Cognitive Procurement

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

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Transforming Procurement with Spend Analysis Technology

Empowering CPO

We’ll also provide practical tips on implementing spend analysis technology, highlight success stories from businesses that have benefited from spend analysis, and look at the future of procurement in the age of data-driven decision making. Globalization has made supply chains more complex and harder to manage.

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. The features of these solutions can vary widely.

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Hyperautomation: What Is It and Why It’s Important

Planergy

In the context of automation, hyperautomation is the practice of identifying and automating as many business processes as possible. While many organizations mistakenly believe that hyperautomation can be achieved with just one technology, it is a combination of technologies, orchestrated in an optimal manner. Supply chain management.

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