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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Source to Pay… The Real Value for Purchasing

Jaggaer

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are two terms often used within the software industry to describe digital solutions that create efficiencies within procurement. Source-to-Pay includes all of what P2P has to offer, and expands capabilities to include the “sourcing” of products and services.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. Bureau of Labor Statistics.

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How is technology transforming global sourcing ?

Claritum

Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Do you have visibility of a global supply chain?

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7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

established in 2020, is a pioneer in the field of spend analysis automation. Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. Mithra-Ai Mithra-AI Solutions B.V. Spendata caters to both mid-market and enterprise customers.

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Conducting Effective Procurement Spend Analysis in the Current Environment

Jaggaer

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. The Fundamentals of the Process.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.