article thumbnail

TGW Logistics saves 2.4 million euros in process costs in one year with JAGGAER

Jaggaer

Today, however, TGW Logistics is also benefiting from significant cost savings: in 2023 alone, process costs were reduced by around 2.4 Today, however, TGW Logistics is also benefiting from significant cost savings: in 2023 alone, process costs were reduced by around 2.4 million euros. million euros.

article thumbnail

Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

professionals

Sign Up for our Newsletter

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

article thumbnail

Boost Vendor Relations with Procurement Management Software

TYA Suite

Detailed reporting features also provide valuable insights into procurement activities, assisting organizations to make data-driven decisions and improve their Contract management is another critical aspect of. Effective contract management ensures that all agreements with suppliers are tracked, monitored, and adhered to.

article thumbnail

Intellyse: Vendor Analysis — Logistics and Contract Negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Intellyse and its solution for logistics and contract negotiation. Many organizations struggle to find the time and resources needed to thoroughly analyze the contract offers they receive. This content is for members only. Visit the site and log in/register to read.

article thumbnail

AI in procurement: How different industries are harnessing its power

Spend Matters

Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone. This capability is particularly beneficial in contract management, as it can enhance analytics for complex IT and SaaS agreements, ensuring public funds are spent wisely and efficiently.

article thumbnail

Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Supply Chain Management (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery. What Is Supply Chain Management Supply Chain Management is the coordination of all activities involved in delivering a product or service—from raw materials to the hands of the customer.

article thumbnail

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

Jaggaer

Contract management: Now that youve identified the optimum combination of direct and indirect suppliers you face the task of negotiating contracts and then monitoring and ensuring adherence. Supply chain collaboration: You identified key suppliers in the strategic sourcing activities.