Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. 2) Uncontrolled purchases.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. 2) Uncontrolled purchases.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Empowering CPO

MAY 31, 2023

In essence, SRM is a comprehensive approach to managing an enterprise’s interactions with the organizations that supply the goods and services it uses. The main objective of SRM is to streamline and improve processes between a buyer and its suppliers. Now, what are the benefits of effective SRM?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 17, 2018

You may need to negotiate with a supplier to get the costs down. Ecomcrew has a great guide for contracting and negotiating with Alibaba suppliers. Determine if you can meet your suppliers MOQ or try to negotiate them down. With a few tips and best practices you can create professional looking photos on a low budget.

Export 43

Export Price Real-time Visibility Supply Chain Optimization 43

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Procurement Software

MARCH 5, 2024

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. 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.

Agile and Lean Supply Chain 52

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

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Continual late deliveries should raise a red flag.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

FEBRUARY 6, 2024

It generates insights on bottlenecks, variants, and cycle times to drive process improvements. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. These all help to drive supply chain impact. From platform education, to templates for negotiation and project management.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

JANUARY 23, 2024

At the same time, it also provides AI-powered management of contractual obligations and deliverables. It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions. It simplifies contracts, making them easy to understand, manage and interact with.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. Will robots replace me?”

Supply Chain Efficiency 52

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