Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

supply chain budgeting 119

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 119

Skill Dynamics

AUGUST 15, 2022

Strategic supplier relationship management (SRM) is a key factor for driving competitive advantage for multi-national organizations. These models require both parties to have the following characteristics: mutual respect, an understanding of the mutual benefits of the relationship, trust, fairness, and honesty.

Supplier relationship management 52

Supplier relationship management Suppliers Strategy Management 52

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Insights

JANUARY 19, 2025

Reference : JD Edwards Baan : Overview : The Baan Corporation offered ERP solutions with procurement components, focusing on manufacturing and project-based industries. Significance : Baan’s software emphasized integration across the supply chain, including procurement processes.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency e2e Supply Chain Optimization 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation?

Category management 105

Category management Management Supplier relationship management supply chain software solutions 105

SCMDOJO

MARCH 24, 2025

Market Fluctuations and Inflation : External factors such as inflation, rising raw material costs, and global supply chain disruptions have a significant impact on procurement costs. Inflation has always been a top concern for higher management, as it is beyond the control of both suppliers and buyers.

Price 58

Price Purchasing supply chain budgeting Raw materials 58

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Software

FEBRUARY 14, 2023

If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software? Or, more specifically, what type of cost model does the procurement software provider use for their pricing?

supply chain software solutions 72

supply chain software solutions Procurement Price Sourcing 72

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Content: Features posts on global sourcing, supplier ethics, and AIs role in procurement.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Procurement Software

MARCH 16, 2025

Furthermore, Procure-to-Pay (P2P) , e-Sourcing and Supplier Relationship Management (SRM) apps often contain supplier portals. Three-way communication between Buyers, Stakeholders and Suppliers avoids the need for unnecessary emails. Digital procurement tools are the enabler to free up time for these.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

ivalua

MARCH 9, 2023

Also included: supplier improvement plans, innovation plans and overall supplier collaboration. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out How To Differentiate With A Supplier Relationship Management (SRM) Program! Though the phrase partnership is often used, what really constitutes a strategic supplier partnership? Strategic Partner – strategic, long-term relationship. Preferred Supplier – operational, on-going relationship.

Suppliers 77

Suppliers Supply Chain Efficiency Supplier relationship management supply chain software solutions 77

Zycus Cognitive Procurement

FEBRUARY 14, 2022

You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. The importance of good relationships with suppliers has never been more important than it is now.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

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

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

Procurement Software

JANUARY 9, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. This facilitates a complete transformation of how businesses transact with long tail suppliers in the procure-to-pay (P2P) cycle. Their solution focuses on procurement project collaboration.

supply chain software solutions 52

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

Procurement Software

JULY 9, 2024

Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect procurement. Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. It ensures that suppliers’ products, services, and pricing are consistent, accurate, and up-to-date. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Procurement Software

FEBRUARY 6, 2024

Then check our our free software directory. If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database. Key Data: Founder / CEO: Mark Zeise Date Founded: 2016 Visit Trackado profile in our Software Finder 2.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Procurement Software

MAY 21, 2024

We are now at a place where you could replace all of your tactical negotiations and tactical spend in procurement with a piece of software. It’s not unreasonable to be able to negotiate much, or all, of your tail spend with a piece of software. This avoids you, the Buyer, having to do as much research, forecasting or modelling.

Supplier negotiation 52

Supplier negotiation Negotiation Suppliers Procurement 52

Procurement Software

OCTOBER 17, 2023

Fast Moving Consumer Goods FMCG businesses (or CPG to our American readers) are built on slick supply chains which foster brand value and delight customers. That’s why Procurement often sits within the Supply Chain function. appeared first on Procurement Software. This brings us to the final piece of the puzzle.

Data 59

Data Procurement supply chain budgeting supply chain software solutions 59

World of Procurement blog

MAY 8, 2024

Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

SCMDOJO

NOVEMBER 20, 2024

Let’s explore how certain principles can be applied to optimize inventory management: Inventory Management Systems We have a different perspective on implementing an inventory management system. This entire debate depends on robust management systems such as ERP and WMS. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Procurement Software

MAY 23, 2023

Very few CEOs come from Procurement or Supply Chain. In a world of hyper connectivity created by rampant globalisation, Apple had shown itself to be a master of procurement, working with suppliers around the world to create the highest quality and most innovative products, all for the best price. 50% of a company’s spend.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

Positive Purchasing

MAY 3, 2024

Truth is: “Long Live” Category Management. James Meads, Founder, ProcurementSoftware.site and Host of The Procurement Software Podcast “Category management will continue to be relevant to procurement organisations, but it’s changing fast. By reading this up-to-date masterpiece, you will understand why.”

Category management 52

Category management Purchasing Supplier relationship management Management 52

Procurement Software

MARCH 11, 2022

The best opportunities now lie in tail spend management. Yes, Supplier Relationship Management (SRM) , supplier partnerships, and deeper collaboration with core vendors will deliver ongoing value over the long term and are an absolutely essential piece of ammo in every large organisation’s arsenal. Risk is zero.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

The best opportunities now lie in tail spend management. Yes, Supplier Relationship Management (SRM) , supplier partnerships, and deeper collaboration with core vendors will deliver ongoing value over the long term and are an absolutely essential piece of ammo in every large organisation’s arsenal. Risk is zero.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Pipefy

MAY 23, 2023

However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

FEBRUARY 2, 2025

They focused their attention on the more traditional enterprise software suites for the last 10 or so years. There are only a certain number of enterprises out there to sell enterprise software to. The economic buyer in this case is undoubtedly going to be the CFO.

supply chain software solutions 52

supply chain software solutions Procurement Contract Procurement team 52