Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Artificial intelligence in procurement During the first quarter of 2024, the Spend Matters team followed the theme of ‘ Artificial Intelligence in Procurement.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Exploring the world of procurement tech in Q4 Spend Matters Insider coverage in Q4 included more than just our staple Vendor Analyses. Read part 1 here , part 2 here and part 3 here.

e2e 79

e2e Procurement supply chain software solutions Contract 79

Procurement Software

MARCH 12, 2024

AI in procurement – especially generative AI – is going through the hype phase at the moment. Could AI in procurement make us irrelevant? So, let’s look at where it will help us, where it could be a threat, and whether indeed AI in procurement will make some job functions and processes irrelevant.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

The Procuretech Podcast

JULY 11, 2023

In this episode of the Procuretech Podcast, host James Meads is joined by a multiple published author, procurement training business owner and SaaS entrepreneur - Jonathan O'Brien, CEO of Positive Purchasing. Biggest changes in procurement over the past 20 years. Conversations with procurement and sales teams.

Purchasing 40

Purchasing Category management Procurement supply chain budgeting 40

Spend Matters

JANUARY 25, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment.

Procurement solutions 72

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 72

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. ProcureTech is a fast-growing technology category.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

Procurement Software

OCTOBER 10, 2023

” The War for Talent and its impact on Procurement However, the task of getting these exceptional individuals on board is becoming increasingly challenging. There is an ongoing battle to secure top talent in procurement. Why is there specifically a war for talent in procurement? What does the war for talent mean?

Procurement 59

Procurement Real-time Visibility supply chain software solutions Category management 59

Barkers Procurement

MARCH 26, 2023

There are many aspects to a company, which creates massive scope for a procurement function to increase the business’s profitability. Below we discuss these and other ways procurement can make your company more profitable. Excluding procurement from the plans and not updating them on the strategy will undoubtedly result in failure.

Procurement 52

Procurement Purchase orders Supply Chain Efficiency supply chain software solutions 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.

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

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.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Procurement Software

JANUARY 16, 2024

Could more visionary procurement leaders be the cure for procurement teams not getting the recognition they deserve? It’s time to start replacing the technocratic, process-obsessed procurement teams. We must usher in a more visionary and value-focused group of procurement leaders and CPOs. The Status Quo has got to GO!

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Future Purchasing

JANUARY 11, 2022

2021 saw a massive amount of challenge for procurement teams; supply chain management challenges, political changes, trade barriers, COVID related staff shortages in all areas, blocked ports and working from home have thrown it all up into the air. Related case study – Procurement strategy and skills building.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 52

Una

JULY 19, 2023

EPISODE 124 The Latest Trends in Contingent Workforce Management with Julia Braun By Kelly Barner | July 19, 2023 Contingent workforce is certainly not a new category of spend for procurement to manage, but it is a category that has gone through substantial changes over the last few years.

Management 52

Management supply chain software solutions Category management Sourcing 52

The Procuretech Podcast

OCTOBER 16, 2022

We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world. She's seen many changes in her career, both as a Procurement Consultant with a procurement tech company back in the day, and now as an independent blogger, podcaster, and CIO.

Buyers 40

Buyers supply chain software solutions Category management Influencing 40

Arkestro

SEPTEMBER 5, 2023

Resources / Blog / The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat. Purchasing 3.0

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 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).

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

World of Procurement blog

JULY 27, 2021

What is Procurement? Procurement is more than buying goods and services. The definition of Procurement is “the process or act of procuring”. Whilst Procurement can often be carried out via a purchase, it is more than just purchasing. Procurement is a vital part of Supply Chain Management.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 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.”

Category management 63

Category management Data Procurement supply chain software solutions 63

The Procuretech Podcast

SEPTEMBER 28, 2021

In this episode, we're going to cover some of the different use cases for AI in the procurement space, and then dive into master data as a specific case study. Using AI to Clean Procurement Data. Some examples of what AI can do in the Procurement space. AI must be applied to specific fields to provide tangible solutions.

Data 52

Data supply chain software solutions Agile and Lean Supply Chain Category management 52

Procurement Software

MARCH 11, 2022

Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Like it or not, cost avoidance is a hard sell to most CFOs.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Like it or not, cost avoidance is a hard sell to most CFOs.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Spend Matters

NOVEMBER 2, 2023

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. During my time,” he explains, “I recognized the impact quality insights can have for the category owners and procurement as a whole.

supply chain software solutions 89

supply chain software solutions Category management Procurement Data 89

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization. Integration.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

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

Procurement Heads

JUNE 22, 2022

How did you get into procurement? I gradually learned more about the supply chain that supported the insurance industry and that companies were being used to dry out properties when there had been a flood, replace property when there had been a theft and that the supply chain world interested me more and more.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Supply Chain Game Changer

MARCH 13, 2020

Subscribe to Supply Chain Game Changer. Procurement – How to Enable Spend Aggregation! . When you run a central Procurement organization you are trying to get the best deal for your company. Procurement people are proud professionals. As mentioned previously Procurement people are very proud.

Procurement 60

Procurement Negotiation supply chain software solutions Procurement team 60

The Procuretech Podcast

FEBRUARY 22, 2022

It's a part of the digital procurement landscape that's been a bit neglected, except for e-sourcing tools, and my guest this week decided to do something about this. Part of a rare breed, Anne-Sophie is a fellow ex-Procurement Category Manager turned startup founder. What's wrong with managing directs within an ERP?

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

The Procuretech Podcast

JUNE 28, 2022

Supplier-centric transformation and the future of procurement. He explains that he is currently leading procurement for BCG across Europe, the Middle East, Africa, and South America. He focuses on procurement transformations across different industries, including automotive. Oftentimes it goes even higher. Sales or sourcing?

Sourcing 52

Sourcing supply chain budgeting supply chain software solutions Supply Chain Efficiency 52

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. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. 3) Non-managed spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

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. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. 3) Non-managed spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52