Remove Contract Remove Spend management Remove Supply Chain Visibility
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Here are some key distinctions to make between Procurement vs. Supply Chain Management: Procurement is responsible for identifying suppliers, negotiating contracts, and ensuring cost-effective, compliant purchases. It’s heavily tied to spend management, risk mitigation, and supplier performance.

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Five Insights for Procurement Teams Navigating Peak Season

Barkers Procurement

2) Prioritise visibility At the heart of managing demand is supply chain visibility. The function must have a clear view of the supply chain through accessible, accurate and reliable supplier data. Procurement should do what it takes, therefore, to make visibility a priority.

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Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. These group purchasing organizations often have contracts with a wide range of suppliers, and they offer their member businesses access to these contracts at discounted rates.

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How is technology transforming global sourcing ?

Claritum

Do you have visibility of a global supply chain? If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. Supply chain visibility is poor. %.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Contracts are usually not covered by S2P technology platforms. We’ll cover what’s the difference between S2P and S2C (Source-to-Contract) in an upcoming article. End-to-end supply chain visibility ensures more synergy in cooperation. What is the difference P2P and S2P? What steps are involved in Source-to-Pay?

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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. This gives you full spend visibility, along with proactive reminders and insights.