Remove Chief Procurement Officer Remove Spend management Remove supply chain software solutions
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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Make them feel in control.

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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Let’s say, for example, a supplier of facility management fails to meet its contractual obligations, causing the bank to make substantial losses. The bank’s Chief Procurement Officer may want to change vendor. How Choosing the Right Spend Management Solution Can Help.

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Unleash the Power of AI to Unlock the Potential of Procurement Enterprise

Jaggaer

So, what is the best way for the procurement function to leverage disruptive technologies and help enterprises secure a sustainable competitive advantage? Much has been said about the need to view procurement departments as vehicles of value creation and not just spend management functions.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. Of all these emissions, 2/3 of them usually come from the upstream supply chain.

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The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay

Jaggaer

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.