Remove Chief Procurement Officer Remove Innovation Remove Real-time Visibility Remove Strategic sourcing
article thumbnail

Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

The figure’s head represents the top 1% of strategic suppliers to your organization. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.

article thumbnail

Intake & Procurement Process Orchestration (2024 Guide)

Procurement Software

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Intersection of Technology and Managed Procurement Services

Empowering CPO

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

article thumbnail

The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

As a leading provider of procurement intelligence services, our mission is to empower Chief Procurement Officers (CPOs) and their teams with insightful, actionable data that drives strategic decision-making. It can result in stock-outs or overstock, poor quality control, and longer lead times.

article thumbnail

Implementing a Spend Analysis Solution: Steps and Best Practices

Empowering CPO

We are committed to assisting our clients in unlocking the full potential of their procurement processes, enabling them to make data-driven decisions, achieve cost savings, and drive strategic sourcing initiatives. These tools empower stakeholders to monitor performance, track progress, and take timely actions.

article thumbnail

ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. That’s where procurement’s role becomes so crucial. How to report and analyze indirect spend to identify savings opportunities. Download Free Copy.