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Streamline Your Procurement Processes with Integrated Source to Pay Platforms and Autonomous Quick Sourcing Technologies

Zycus Cognitive Procurement

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Automated Buyer verification .

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The top capabilities of E-Procurement solutions

Spend Matters

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

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The Science and the Art of Procurement

ivalua

The huge growth in the use of technology has been the most visible part of that developing picture. Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management.

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How will the War for Talent Affect Procurement?

Procurement Software

Remote work Younger people especially want more location and time freedom. However, most roles, at least anecdotally from the job boards I occasionally look at, are at best hybrid or at worst full-time office based. People are leaving the profession Burnout is real. Yes, in-person time is vital. It’s a big step up.

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How effective Tail Spend Management can drive cost savings

Procurement Software

Savings on indirect spend categories can’t usually be measured as Purchase Price Variance (PPV) against a standard or average price which can directly impact the bottom line. 5 effective tail spend management strategies and how procurement technology can help. Secondly, it also enables Procurement to free up their time.

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How effective Tail Spend Management can drive cost savings

Procurement Software

Savings on indirect spend categories can’t usually be measured as Purchase Price Variance (PPV) against a standard or average price which can directly impact the bottom line. 5 effective tail spend management strategies and how procurement technology can help. Secondly, it also enables Procurement to free up their time.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.