Buyers Spend management supply chain budgeting supply chain software solutions 
Arkestro
MARCH 27, 2024
Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.
Let's Talk Supply Chain
JANUARY 11, 2023
Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. It was that approach – much more additive than disruptive – that really intrigued me as the new age of spend management.”
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Procurement Tactics
JULY 2, 2023
Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.
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. What is tail spend?
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. What is tail spend?
Procurement Software
NOVEMBER 21, 2022
The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. These are usually not the household names with massive marketing budgets to sponsor glitzy conferences. Typically, this is the CFO. The outlook for procuretech is bright.
Planergy
JANUARY 19, 2023
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. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.
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