Buyers, Spend management and Strategic sourcing - Purchasing & Procurement Zone

CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. A reverse auction can be added to the process, managed by CKS as a trusted third party.

Strategic sourcing

Strategic sourcing Strategic sourcing Sourcing Cost of ownership

CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. A reverse auction can be added to the process, managed by CKS as a trusted third party. About Ivalua.

Strategic sourcing

Strategic sourcing Strategic sourcing Sourcing Buyers

How effective Tail Spend Management can drive cost savings

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. Consolidate spend with key vendors.

Spend management

Spend management Management Real-time Visibility Competitive bidding

How effective Tail Spend Management can drive cost savings

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. Consolidate spend with key vendors.

Spend management

Spend management Management Real-time Visibility Competitive bidding

Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy.

Real-time Visibility

Real-time Visibility Spend management Procurement team Purchasing

How to Bring More Spend Under Management

Una

DECEMBER 20, 2022

Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. A strategic sourcing strategy is key to ensuring vendors with the potential to deliver the most value. When authorization is required, make sure buyers are getting it right.

Management

Management Buyers Procurement team Contract

RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy

OCTOBER 20, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. Introduction to you as a buyer and your company background.

Buyers

Buyers Supply Chain Efficiency Suppliers Price

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . What is Direct Procurement?

Procurement

Procurement Procurement team Sourcing Supplier relationship management

Managing Spot Buy: Earning savings from where it is least expected

Empowering CPO

DECEMBER 2, 2020

As a result, in most of the companies this spend is often under managed as it demands more efforts and the rewards are low. These users are not trained as buyers and due to limited purchasing skills they end up buying products/services at higher cost without understanding the supplier market dynamics. to meet the buyer’s need.

Management

Management Strategic sourcing Strategic sourcing Buyers

5 New Year’s Resolutions for Procurement

Una

JANUARY 1, 2024

Resources to help: 8 Benefits of Reducing Maverick Spend How to Optimize Your Spend with a Strategic Sourcing Process 6 Ways to Manage Maverick Spend How to Control Your Wildest Maverick Spenders 3. Fix these problems, and watch your mavericks disappear.

Procurement

Procurement supply chain software solutions Contract Suppliers

10 Procurement Outsourcing Services

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge.

Procurement

Procurement Supplier relationship management Procurement team Contract

Preferred Vendor: What They Are and Why You Should Have A Preferred Vendor Program

Planergy

NOVEMBER 1, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. These programs are beneficial for both buyers and suppliers.

Contract

Contract Suppliers Buyers Price

Ivalua Sees Accelerating Momentum with Another Record Year in 2018

ivalua

FEBRUARY 13, 2019

12, 2019 — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year. New forecast and order collaboration capabilities allow companies to improve collaboration between buyers and suppliers, reducing cycle times and risk of supply chain disruptions. REDWOOD CITY, Feb.

Bill of materials

Bill of materials supply chain budgeting Supply Chain Efficiency Innovation

Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement

Procurement supply chain budgeting Price Negotiation

Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement

Procurement supply chain budgeting Price Negotiation

Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Planergy

JANUARY 19, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How to report and analyze indirect spend to identify savings opportunities. What's Planergy? What Are the Components of Procurement Catalogs?

Management

Management Procurement Supplier relationship management Real-time Visibility

Services Procurement: What Is It and How To Manage It

Planergy

JULY 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Management

Management Procurement supply chain budgeting Budget

11 Best Procure-to-Pay Software for the Mid Market

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement

Procurement Purchase orders Real-time Visibility Purchasing

The 25 Hottest US Procurement Startups

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. It promises to assist with improving buyer and supplier collaboration.

Real-time Visibility

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

11 Best eSourcing Software for Mid-Market Companies

Procurement Software

JUNE 13, 2023

Penny Penny is a startup based in Saudi Arabia, offering a cloud-based Source-To-Pay solution. It serves the needs of purchasing managers, procurement professionals and senior buyers. It enables users to allocate, manage and monitor budgets. LightSource LightSource is an eSourcing software for strategic sourcing.

supply chain software solutions

supply chain software solutions Contract management Contract Sourcing

Procurement Methods: How To Source and Evaluate The Best Suppliers To Work With

Planergy

AUGUST 8, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Sourcing

Sourcing Suppliers Procurement Bidding

How Paid is automating Procurement with Natasha Foster

World of Procurement podcast

NOVEMBER 7, 2021

I didn't have to do, I was never a buyer. Then, an, a buyer side platform and the buyer side, we fully configure to conform to the enterprise's own onboarding processes and workflows. I moved into banking, and used to be in advisory for finance and oil and gas companies. I mean, honestly, probably nowhere near procurement.

Procurement

Procurement Suppliers supply chain software solutions Real-time Visibility

15 Best Purchasing Software Solutions for SMEs

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. This enables teams to make decisions and remain in control.

Purchasing

Purchasing Contract Negotiation Real-time Visibility

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

MARCH 7, 2023

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

DECEMBER 5, 2022

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain

Purchasing & Procurement Zone

CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

Trending Sources

How effective Tail Spend Management can drive cost savings

How effective Tail Spend Management can drive cost savings

Tail Spend: Your Guide to Full Spend Visibility and Savings

How to Bring More Spend Under Management

RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

What’s the Difference Between Direct vs Indirect Procurement?

Managing Spot Buy: Earning savings from where it is least expected

5 New Year’s Resolutions for Procurement

10 Procurement Outsourcing Services

Preferred Vendor: What They Are and Why You Should Have A Preferred Vendor Program

Ivalua Sees Accelerating Momentum with Another Record Year in 2018

Cost Avoidance: The Invisible Procurement Performance Metric

Cost Avoidance: The Invisible Procurement Performance Metric

Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Services Procurement: What Is It and How To Manage It

11 Best Procure-to-Pay Software for the Mid Market

The 25 Hottest US Procurement Startups

11 Best eSourcing Software for Mid-Market Companies

Procurement Methods: How To Source and Evaluate The Best Suppliers To Work With

How Paid is automating Procurement with Natasha Foster

15 Best Purchasing Software Solutions for SMEs

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

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