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. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

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IBM Supply Chain Blog

DECEMBER 13, 2023

Building strong supplier relationships to encourage favorable contracts and service is also a common goal. Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined. This is a good time to review current processes and adjust them to suit the new approach. Be flexible.

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Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Empowering CPO

JULY 16, 2023

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. This is where managed procurement services come into the picture.

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Empowering CPO

JULY 2, 2023

These services can cover a wide range of activities, from strategic sourcing and contract management to spend analysis and supplier risk management. Our managed procurement services cover all aspects of procurement, from strategic sourcing and contract management to spend analysis and supplier risk management.

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Jaggaer

JULY 7, 2020

“What’s really beneficial is that we get instant insight into actual versus planned across all of our contracts, is our spend with a particular carrier a lot more or a lot less?” – Srestha Dutta, Global Process & Technology Senior Manager. Contracts are very dynamic in this category because there are so many moving parts.

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Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. How to Improve Strategic Supplier Relationship Management. How to Optimize Your Spend with a Strategic Sourcing Process.

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Procurement Software

MARCH 5, 2024

Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses.

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

Supply Chain Game Changer

JANUARY 15, 2019

We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain. The rise of digital has a big part to play in that, with end-to-end visibility, S&OP, network planning, and AI and Blockchain will change it even more.

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Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. The module also includes features such as contract management, invoice processing, and payment processing. I’m referring here to the likes of as SAP Ariba , GEP and Coupa procurement software.

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Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analysis is necessary for strategic sourcing. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

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Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. Typically, the source-to-pay process is used to fulfill needs like finding new suppliers that offer lower prices, better terms, or goods/services not offered by current suppliers.

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Empowering CPO

JUNE 25, 2023

By understanding where their money is going, businesses can make more informed decisions about their procurement strategies, negotiate better contracts with suppliers, identify maverick spending, and ensure compliance with their procurement policies.

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

Procurement Software

JANUARY 23, 2024

If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database , with all data points searchable. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI.

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Procurement Software

JULY 18, 2023

It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. They provide a simple and intuitive procurement solution for source-to-contract (S2C) for small and medium-sized enterprises. It gives you full visibility of your spend data, all in one place.

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Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

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Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

World of Procurement podcast

NOVEMBER 7, 2021

It's a pretty cool platform that automates a whole bunch of, well, a whole bunch of things regarding onboarding the purchase order, invoicing elements, and even contract elements. Like, I've been contracting prior to my current permanent role, I was just consulting in multiple areas and just getting around. The receipting happens.

Procurement 52

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Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Contract management. Strategic sourcing.

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Planergy

SEPTEMBER 12, 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. Legal challenges can involve navigating regulatory requirements to avoid oligopolies and monopolies, contract negotiations, and potential disputes.

Supply Chain Efficiency 52

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Procurement Software

MARCH 7, 2023

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

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Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52