World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. What Procurement Challenges Do Construction Companies Face?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

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Category management Management Supplier relationship management supply chain software solutions 77

Planergy

DECEMBER 29, 2022

Marketing Procurement: Challenges and Best Practices. Best Practices & Tips Category Management Procurement. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Social media management. Download Free Copy. Written by. Rob Biedron.

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Procurement Raw materials supply chain budgeting supply chain software solutions 52

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. We’ll also reveal the benefits of outsourcing procurement to a group purchasing organization (GPO).

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Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Spend Matters

JANUARY 23, 2024

The distinction between traditional or mundane AI and GenAI remains blurry in the procurement industry as GenAI takes on a life of its own. We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.”

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Category management Data Procurement supply chain software solutions 62

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Una

JULY 6, 2022

As a true sourcing accelerator , our goal is to become an extension of your procurement team. Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. How to Improve the Procurement Process & Increase Cost Savings. Supply Chain Management.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

ivalua

AUGUST 17, 2022

O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance. Lastly, Ivalua will ensure seamless integration with O-I’s existing ERP platform, as well as several third-party solutions.

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Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Supply Chain Efficiency 139

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 139

Spend Matters

NOVEMBER 2, 2023

Here are some specific highlights: Rebranding and re-tooling SAP has rebranded and broadened ‘SAP Ariba’ to now include all of SAP’s core procurement products (i.e., SAP Ariba and SAP S/4HANA) such that the SAP S/4HANA procurement apps shall now be part of the ‘SAP Ariba’ brand and product family.

Networking 84

Networking Spend management Suppliers Supply Chain Optimization 84

Una

APRIL 9, 2024

Bettering your bottom line As a procurement leader , I’m sure you’re often (always?) The fundamentals of group purchasing Incorporating group purchasing into your procurement strategy is one way to realize such savings. Rather, your GPO works alongside your team to complement your procurement efforts and elevate your existing strategy.

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Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52