NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Una

JANUARY 1, 2024

There are dozens of excellent survey software alternatives on the market, ranging from webpage pop-ups to app-based mobile surveys and plug-ins for platforms like Slack and Teams. Get control of IT procurement Two key IT procurement challenges that will test your resolve in the new year are shadow IT and auto-renewing software subscriptions.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Modern Software Reduces Budgeting Time & Effort Many businesses still rely on outdated, manual budgeting methods, such as spreadsheets or pen and paper.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. AI, GenAI and Joule – SAP made some announcements about SAP Joule, its GenAI-powered copilot solution.

Procurement 79

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

Procurify

JULY 20, 2022

Before, purchasing managers often prioritized spend management. Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. .

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The tight margins and the need to optimize costs in these fields led to a more structured approach to procurement departments and more relevance in their organizations.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Having the right information and insights is important to make the most of tail spend analysis.

supply chain budgeting 52

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

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. Rich Ham , CEO of outsourced indirect spend management company Fine Tune , puts it really well. In the best case, this leaves longer-term services contracts to be ignored beyond year 1 other than day-to-day management.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Pipefy

MAY 23, 2023

These solutions — sometimes referred to as e-procurement — relieve procurement professionals and other stakeholders of manual and repetitive tasks, which saves time, cuts costs, decreases errors, and increases revenue for their businesses. Here’s what that involves: Find the right procurement tool for your organization.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. After a thorough selection process, Körber opted for Ivalua’s market-leading spend management platform.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Una

JANUARY 8, 2024

Procurement can promote employee value all the way down the value chain by ensuring suppliers comply with fair labor practices, ethical standards, and employee well-being. We can play a role in building a supply chain that reflects the positive workplace culture you want to foster within your organization.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

ivalua

DECEMBER 19, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” S2C suites offer the software tools to achieve these objectives.”.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

Una

MARCH 6, 2024

This is super handy in industries where workloads can change in a snap, like customer support or software development. Prioritize cybersecurity Make sure that your outsourcing partner has robust cybersecurity measures in place to minimize the chance of a supply chain or back-door attack on your organization.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

ivalua

DECEMBER 18, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” About Ivalua.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Marketing procurement is identifying, selecting, and contracting with marketing services providers. Invest in Procurement Software. What is Marketing Procurement?

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Procurify

JUNE 21, 2022

The global supply chain took a massive hit during the Covid-19 pandemic, and its effects on organizations continue to this day. In fact, 75 percent of companies claim the supply chain disruptions have had negative or strongly negative impacts on their businesses. Written by: Ruya Yonak.

Purchase orders 52

Purchase orders Purchasing Supply Chain Optimization Suppliers 52

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Risk Management Strategies : Supplier qualification processes ensure reliability and quality. Strong contract negotiation helps manage risks. In today’s competitive landscape, getting the best price isn’t enough.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

DECEMBER 20, 2022

Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. Ivalua is a leading provider of cloud-based Spend Management software.

Data 130

Data Supply Chain Efficiency Spend management Supply Chain Optimization 130

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. AI, GenAI and Joule SAP made some announcements about SAP Joule, its GenAI-powered copilot solution.

Networking 88

Networking Spend management Suppliers Supply Chain Optimization 88

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice. The result?

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Planergy

JULY 21, 2023

It is the process of acquiring external services to meet the needs of an organization and involves different steps, such as identifying a need, setting up a contract, and managing the relationship between the service provider and the customer. Marketing procurement is a common case where services procurement is required.

Management 52

Management Procurement supply chain budgeting Budget 52

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows. For example: the ERP system, SAP, Netsuite, and other finance software. What is digital procurement?

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Pipefy

DECEMBER 10, 2022

No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve. Decision making with this model is divided, so purchase requests are received and managed by various departments.

Purchasing 52

Purchasing Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Empowering CPO

JUNE 27, 2023

Introduction Grabbing attention and introducing the importance of spend analysis In today’s dynamic business landscape, organizations are constantly seeking ways to optimize their operations and drive sustainable growth. One crucial aspect that often gets overlooked is spend analysis.

Real-time Visibility 40

Real-time Visibility Data Quality Supply Chain Optimization 40