Remove Demand Planning Remove Sourcing Remove Spend management Remove Suppliers
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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. The recent supply chain issues and market volatility have proven to businesses, large and small, the true value and necessity of an efficient and optimized sourcing/procurement team.”.

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

Planergy

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. It’s important to accurately understand what demand is likely to be to ensure that you can properly manage cash flow while accommodating customer needs.

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Demand Forecasting Methods: Choosing The Right Type For Your Business

Planergy

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. For macro-level demand forecasting in the United States, companies can use data from publicly available government agencies and other sources. Download Free Copy.

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

Empowering CPO

Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance. Spend analysis plays a vital role in procurement and strategic sourcing. Lower, often managed by individual departments or locations.