Una

SEPTEMBER 20, 2022

When the pandemic happened, many companies raced to “lift and shift” all their technology resources into the cloud not realizing some apps needed modifications (such as email, collaboration tools, and data storage). Get new resources weekly! These apps do not need to constantly run once uploaded into the cloud. Subscribe to Unaversity.

Budget 98

Budget Purchasing Collaboration Vendor management 98

Barkers Procurement

JANUARY 25, 2023

Having a clear vision of what P2P success looks like for your organisation will support the prioritisation of activities. Stakeholder Alignment Whilst system and process alignment is crucial, a significant amount of time should be spent on the human resource element of a P2P transformation.

Change management 52

Change management Management Influencing Internal analysis 52

Planergy

DECEMBER 12, 2023

It’s a strategic tool that maps out the allocation of resources over a specified period, typically a school year. It ensures transparency, aids decision-making, and enables schools to allocate resources where needed. It may also involve difficult decisions about where to allocate resources and what priorities to focus on.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

Planergy

AUGUST 30, 2022

10 Types of Innovation: What Is It, Examples, and How To Use It Innovation is key to the success of any business. The framework can be divided into three main categories: Configuration, Offering, and Experience. Configuration: This category is all about the physical product. Download PDF. But what is innovation, exactly?

Innovation 52

Innovation Real-time Visibility Networking Purchasing 52

Procurement Leaders

JUNE 9, 2022

The telecoms company has had a supplier diversity programme in place since 2011, offering diverse suppliers support such as reduced payment terms, with significant success – spend with diverse suppliers rose by over 200% between 2017 and 2020 alone. Providing support to diverse suppliers.

Supply chain 130

Supply chain Supply Procurement team Suppliers 130

Planergy

OCTOBER 25, 2022

Set a Limit for Each Category. To create a good budget, you will need to have a clear understanding of your project’s costs, which can be divided into three categories: direct costs, indirect costs, and contingency costs. This includes invoices and receipts to track your spending in each category. Download Free Copy.

Budget 52

Budget Management Project management Import 52

Value Match

SEPTEMBER 5, 2022

Categories. Community Story. Resourcing. Training Resources. It will take considerable time and commitment of resources, funding, and expertise to shift any organisation to putting environmental considerations at the heart of what they do. Best Practice Guides. Bid Management. Case Study. Circular Economy.

Procurement 52

Procurement Contract Collaboration Supply chain 52

Zycus Cognitive Procurement

NOVEMBER 29, 2022

. – Closely review the costs under any category labeled ‘Miscellaneous’ or ‘Others,’ as these often present the most significant opportunities for cost optimization. Repurpose skills & redeploy resources. e.g., A thorough review of all the evergreen contracts and termination of auto-renewals can save a lot of hard dollars.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. Mitigating Supplier Risks: Proactive supplier risk management is crucial for organizational success.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Planergy

JANUARY 19, 2023

Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? Pareto Analysis What is Pareto Analysis? How Pareto Analysis Works? The Benefits of Conducting a Pareto Analysis How to Conduct Your Own Analysis? How Pareto Analysis Works?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Positive Purchasing

NOVEMBER 9, 2023

The good news is there is already a well-proven approach that can help – category management. Using Category Management to Drive Sustainability For some areas of spend, a simple desktop review to scope and plan improvement projects to be implemented via cross-functional engagement can be sufficient, or at least a good start.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Empowering CPO

JUNE 14, 2023

In essence, procurement exists to provide an organization with the resources it needs to operate and thrive, doing so in a way that brings maximum value and minimum risk. It requires trust, transparency, and a shared vision for success. It requires deep market knowledge, strong analytical skills, and cross-functional collaboration.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JULY 2, 2023

Moreover, we’ll shed light on EmpoweringCPO’s unique approach to procurement management, providing you with a firsthand look at how our services can drive your business success. It plays a vital role in ensuring smooth operational continuity by securing the required resources and managing the supply chain effectively.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Supply Chain Game Changer

MARCH 21, 2022

There are five essential sales software categories you can analyze and select the ones needed to bring enhancements to your sales process. That is how you can succeed in marketing yourself with accuracy, authority, and success. CRM + marketing automation with HubSpot. Putting together your sales tech stack.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Planergy

JULY 27, 2023

Additionally, expense reports can provide valuable insights into how much money is being spent on different categories of expenses, which can help organizations identify areas where they may be able to cut costs or optimize their spending. The IRS requires that expenses be exclusively for business purposes and not for personal benefit.

Real-time Visibility 52

Real-time Visibility Management Purchasing Budget 52

Positive Purchasing

JANUARY 11, 2024

Value might mean reducing cost, but that is only part of the story. Take the jobs category and giving a job to someone who’s long-term unemployed for example. It’s as simple as that really – if you don’t have a Social Value strategy, then you are unlikely to be successful in winning work with the public sector.

Strategy 52

Strategy supply chain budgeting Supply Supply Chain Efficiency 52

Planergy

JANUARY 12, 2023

This type of supplier also has access to large volumes of resources, so they may be able to deliver goods faster than other tiers of suppliers. They offer more cost-effective solutions than Tier 1 suppliers but may not have access to as many resources or the same level of expertise as those at higher tiers.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Planergy

JULY 5, 2022

Many organizations are already running incredibly successful initiatives to optimize resource consumption within their operations and engage with their local communities. And less than 10% said sustainability was part of category strategies. Consider it overall as well as by category.

Sustainability 52

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

Planergy

JANUARY 26, 2023

Financial Risks Risks in this category range from an unexpected change in the exchange rate to supplier bankruptcy. This could include devoting more resources to maintaining operations, using cloud-based tools, automation, and more. What to Do About It Develop a detailed and solid plan to ensure continuity after a catastrophe.

Risk 52

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

Empowering CPO

JUNE 27, 2023

Introduction In today’s fast-paced and interconnected world, digital transformation has become a fundamental driver of success for businesses across industries. Stay tuned as we delve deeper into the realm of digital spend analysis and its impact on procurement success.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Procurement Software

JANUARY 24, 2023

Most of the presentations and panel discussions feature success stories of how an enterprise company has implemented a best-of-breed procurement tech solution. No stale stories from the dinosaur legacy brands here. Procurement teams just don’t have the resource to manage all of it, so what do you tackle first?

Procurement 52

Procurement Quality Procurement team Stakeholder engagement 52

EazyStock

APRIL 23, 2019

Julia Montgomery is one of EazyStock’s premier stock optimization experts and, in the role as Customer Success Manager, she has helped many companies around the world improve their processes and become more profitable through automation. I work as both Customer and Partner Success Manager.

Inventory 49

Inventory Quantity Warehouse optimization Purchasing 49

Planergy

MARCH 2, 2023

Managing tail spend is a worthy investment of time and resources. Companies should decide which categories of spend they want to focus on, such as office supplies, travel, or shipping. Spend analysis includes grouping spending into standardized categories and cleaning data for errors.

supply chain budgeting 52

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

Empowering CPO

JUNE 22, 2023

Data Classification: The cleansed data is then classified into categories based on products or services, suppliers, departments, and more. This can include selecting suppliers with robust environmental policies, choosing products made from renewable resources, or considering the lifecycle impact of products and services.

Sustainability 52

Sustainability Procurement Supplier consolidation Supply Chain Efficiency 52

EazyStock

APRIL 23, 2019

Julia Montgomery is one of EazyStock’s premier stock optimization experts and, in the role as Customer Success Manager, she has helped many companies around the world improve their processes and become more profitable through automation. I work as both Customer and Partner Success Manager.

Inventory 40

Inventory Quantity Warehouse optimization Purchasing 40

The Procuretech Podcast

JANUARY 25, 2022

Digitalisation should not be seen as the future of procurement in itself: it's more the enabler to help free up procurement resources to concentrate on more strategic topics. Florian shares his own personal example of how he gave up a successful consulting career to go back and do his PhD and then ultimately move into an academic role.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

Planergy

FEBRUARY 9, 2023

Put Finance and HR to Work Together To start crafting a T&E policy for your organization, arrange a meeting with both finance and human resources. How to Create an Effective Policy for Your Organization Outline everything you deem acceptable in the above categories. For example, meals are covered, but alcoholic beverages are not.

Purchasing 52

Purchasing Purchase orders Management Budget 52

Planergy

SEPTEMBER 8, 2023

These expenses often vary across departments, such as marketing, human resources, and operations. By categorizing your expenses as either essential or discretionary, you can better identify areas where spending can be reduced and allocate resources more effectively.

Budget 52

Budget Spend management Management Purchasing 52

SupplyShift

MARCH 27, 2018

Coincidentally, paper and packaging as a commodity also has an outsized impact on natural resources and is one of the more visible areas of impact for many companies. Across the board, we’ve seen success in approaches that set clear objectives and outcome expectations from the beginning. Fiber type used in materials (e.g.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Supply chain Suppliers 52

Una

MAY 16, 2023

With over 80 contracts and vendors in place, YPurchasing was looking to add additional cost savings opportunities in the food category and partnered with Una (and our former sister company , Culinary Consultants Purchasing Alliance) to make it happen. Read on to learn more about their success with Una’s food cost reduction programs.

Supply Chain Efficiency 98

Supply Chain Efficiency Purchasing Contract Price 98

Empowering CPO

JUNE 27, 2023

Introduction Unleashing the Power of Spend Analysis for Procurement Success In the world of procurement, data is the key to unlocking strategic decision-making and maximizing cost savings. Spend analysis, the process of comprehensively evaluating an organization’s expenditures, plays a pivotal role in driving procurement success.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

SupplyShift

MARCH 27, 2018

Coincidentally, paper and packaging as a commodity also has an outsized impact on natural resources and is one of the more visible areas of impact for many companies. Across the board, we’ve seen success in approaches that set clear objectives and outcome expectations from the beginning. Fiber type used in materials (e.g.

Supply Chain Optimization 40

Supply Chain Optimization Real-time Visibility Supply chain Suppliers 40

Una

NOVEMBER 3, 2022

The Una member featured in this story is a medical equipment manufacturing company focused on redefining digital healthcare. They have graciously allowed us to highlight the success they’ve seen with Una since joining earlier this year while remaining anonymous to respect the doctors and patients they serve. Introduction.

Purchasing 98

Purchasing Price Contract Suppliers 98

Planergy

AUGUST 18, 2022

If you’re still in school and already know that you want a career in finance, there are numerous things you can do to take advantage of university or college resources right now. Portfolio managers, economists, and analysts all fall under the asset management category, where top-notch analytical skills are a must.

Risk 52

Risk Ethics Management Strategy 52

Planergy

JANUARY 18, 2024

As the volume of information increases, you need more data management resources. Consider using templates with all the necessary information, such as SKU, product description, category, etc. The category management process can be very beneficial in procurement. Remove or update any outdated or irrelevant information.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Una

JUNE 20, 2023

Read on to learn more about their success with Una’s food cost reduction programs. Our contracts have built-in price protections and we resources in place to help circumvent supply chain disruptions and product shortages. DOWNLOAD THIS CASE STUDY Additional resources Find more GPO case studies here.

Contract 52

Contract Supply Chain Efficiency Price Purchasing 52

Procurement Tactics

JUNE 22, 2023

It covers a broader category of goods or services with general descriptions. Precoro Precoro is a full-fledged procurement software that eliminates manual work processes to save time, resources, and money. ” But what is it exactly, and how can it benefit your organization?

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191