Remove Category management Remove e2e Remove Risk management Remove Sourcing
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Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.

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The Big Interview with Gavin Long

Procurement Heads

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. If we keep that visibility to those three groups and achieve our goals then from my point of view that is a really good harmonised way of working now.

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5 steps for Procurement to impact on financial results

Claritum

The following diagram shows the relationships that should exist between suppliers, users and Category Managers. larger percentage of their staff allocated to sourcing, supply base. strategy, and planning/strategic roles, while others are more focused on operations and compliance management. Risk management and governance.

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5 steps for Procurement to impact on financial results

Claritum

The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Securing competitive suppliers for Indirect Spend categories. Risk management and governance. They can, though, be the expert on how the organisation is affected by supply in their specific Category.