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From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. The specific processes and needs involved may include upstream (i.e.,

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4 Predictions on Procurement’s Top Trends in 2023

Arkestro

Procurement has had massive challenges and targets over the past year: Managing inflation. Reducing supplier risk. Reducing spend. Procurement Will Still Need to Orchestrate Elements of the Fat Tail and the Long Tail of Spend. Managing—even fully orchestrating— tail spend has been a long-time procurement discussion point.

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Working Capital: What Is It, How To Calculate, and Why It’s Important

Planergy

It depletes working capital reserves and increases your risk profile with lenders and other credits. Reduce Risk of Bad Debt Bad debt can quickly snowball and erode a company’s working capital, leaving it with limited resources to meet current financial commitments. Download PDF What’s your goal today?

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Demand Forecasting Methods: Choosing The Right Type For Your Business

Planergy

However, all businesses must carefully consider their demand forecasting techniques to make accurate predictions. Otherwise, they risk losing money due to excess inventory, missed sales opportunities, or other problems. Demand forecasting helps you make educated business decisions based on various metrics, including economic factors.

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Direct vs Indirect Spend Analysis: What’s the Difference and Why It Matters

Empowering CPO

In the realm of spend analysis, two terms often come to the fore: “direct spend” and “indirect spend” These categories divide organizational expenditure into two broad camps, each with its unique characteristics, challenges, and opportunities. Let EmpoweringCPO guide you on this path to success.