Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JULY 5, 2023

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Planergy

MARCH 2, 2023

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. It’s an important part of any organization’s financial management, as it helps identify wasteful spending and uncover potential savings.

supply chain budgeting 52

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

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It also facilitates data collection, which can be used for analytics and strategic decision-making.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

SCMDOJO

AUGUST 21, 2023

This extensive reach provides businesses with the opportunity to connect with various demographics and target markets, enabling them to broaden their brand’s visibility and potential customer base significantly. His scope extends to creating procurement content, spanning from foundational concepts like “What is Procurement?”

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Empowering CPO

JUNE 16, 2023

Risk Management: Spend Analysis can identify dependencies on certain suppliers, thereby helping to manage risks associated with supplier performance or market volatility. Spend Analysis also plays a pivotal role in strategic sourcing and procurement optimization. We don’t just deliver a report and walk away.

Procurement 40

Procurement Data Real-time Visibility Procurement strategies 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

Real-time Visibility 52

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

Una

SEPTEMBER 22, 2022

Train members of your procurement team to gain a base understanding of IT language, along with the function’s challenges, priorities, and ways of working. Have procurement be a part of IT's planning cycles with monthly or quarterly touch points and proactively show IT what the function is capable of. Speak the IT language.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Empowering CPO

JUNE 25, 2023

Secondly, data analytics has empowered businesses to make data-driven procurement decisions. Through tools like spend analysis, businesses can gain in-depth insights into their spending patterns, identify cost-saving opportunities, and drive strategic sourcing.

Procurement 52

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

Empowering CPO

JUNE 14, 2023

In the early stages, businesses primarily outsourced indirect procurement activities, such as office supplies or maintenance services, which did not directly impact their product or service offering. Partial Procurement Outsourcing: Here, only certain aspects of procurement are outsourced, such as strategic sourcing or contract management.

Procurement 52

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

Procurement Software

JANUARY 23, 2024

Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI. Inhubber enables you to create, sign and store contracts securely. It simplifies contracts, making them easy to understand, manage and interact with. The app is built around its large supplier database.

Procurement 52

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

Procurement Software

JULY 18, 2023

This is a great solution for either “lone ranger” procurement managers. Equally, it can help organisations that need a more structured sourcing process but without a dedicated procurement team in place. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Supply Chain Game Changer

FEBRUARY 5, 2020

I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Now Systems.

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

Supply Chain Game Changer

DECEMBER 13, 2018

I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Now Systems.

Procurement 59

Procurement Agile and Lean Supply Chain Negotiation Procurement team 59