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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 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. scenario-driven demand plans. That’s why we’re seeing more procurement teams turn towards iterative predictive models like.

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

Planergy

Options worth exploring include: asking for upfront payments on orders, reducing credit terms, billing customers immediately upon sale, or getting a better grip on sales forecasting/demand planning. Flexibility in your operating cycle is necessary to remain competitive and make the most of your working capital.

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Demand Forecasting Methods: Choosing The Right Type For Your Business

Planergy

For macro-level demand forecasting in the United States, companies can use data from publicly available government agencies and other sources. Demand planning is crucial to all businesses, but the forecasting process and even the forecasting software you use can influence the results. Download PDF. What’s your goal today?

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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.