Spend Matters

DECEMBER 21, 2023

The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics. For example, in spend analysis, GenAI offers superior data normalization, savings opportunity detection, forecasting and natural language querying that makes deriving insights effortless.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. 3 Building a viable and sustainable ecosystem of partners is complex.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Procurement Software

MAY 14, 2024

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. What is procurement intake? What is process orchestration in a procurement context?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Procurement Software

MARCH 5, 2024

The 25 Hottest American Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn. Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2.

Real-time Visibility 52

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

Pipefy

JANUARY 9, 2024

The benefits include cost savings increase, better decision making and risk management. Smart procurement leverages data to reduce risks across all procurement processes and identify opportunities for long-term and continuous forecasting and optimizations. What is smart procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply Chain Optimization 52

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. As the name implies, its founders’ vision is to literally “de-silo” organizations so they can realize the value in their existing data. Today please get to know dSilo.

e2e 95

e2e Contract Contract management Procurement 95

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

MAY 23, 2023

Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks. By plugging your approval hierarchy data into a customizable workflow, however, your form can circulate while you move to your next task.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined. Be flexible.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Software

FEBRUARY 20, 2024

25 hottest European procurement startups to watch Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn. Founded in 2016, the company is led by two experienced procurement and management experts.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. In essence, spend analysis turns data into actionable insights, enabling businesses to make procurement a strategic, value-adding function.

Procurement 52

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

Pipefy

JANUARY 5, 2023

Digital procurement involves the use of apps and systems to capture, consolidate, and manage all of the data and information related to procurement. Enhancing visibility and control. Procurement teams rely on a complex array of apps, systems, data, and forms to do their work. Enhancing visibility and control.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60