World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

The Procuretech Podcast

OCTOBER 3, 2022

FinTech content at the time was a lot more attractive: Punchy articles, simple “How To.” This takes consultation and a lot of time. And that's just too long, we need to get that time down – possibly on the software development side of things. If I'm a supply chain manager, I want to do everything on one platform. .

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

ivalua

FEBRUARY 25, 2021

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Demand planning capabilities.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221