article thumbnail

ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products. Total Cost of Ownership, ERP appears to be cheaper, but is it?

article thumbnail

A Deep Dive into Category Spend Analysis: Maximizing Value in Procurement

Empowering CPO

Introduction In the complex world of procurement, where every penny counts, gaining a deep understanding of your organization’s spending habits is crucial to unlocking value and maximizing savings. Why is spend analysis so important in procurement? Imagine trying to navigate a labyrinth without a map or compass.