World of Procurement blog

APRIL 23, 2024

From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. Spend analysis enables informed decision-making and strategic sourcing. They can forecast supply chain disruptions and automate routine tasks, respectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. Spend analysis enables informed decision-making and strategic sourcing. They can forecast supply chain disruptions and automate routine tasks, respectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

Strategic Sourceror

MAY 12, 2022

With manufacturers responsible for approximately 11% of the United States' gross domestic product and employing nearly 8% of the nation's workforce, many of the supply chain problems the country is encountering have fallen squarely on the industry's broad shoulders. Expansive though they may be, manufacturers are feeling the pressure.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Supply chain Strategy 52

Procurement Templates

JUNE 18, 2023

Inflation occurs when there is an imbalance between the supply and demand of money and goods. Several factors can contribute to inflation, including: Demand-pull inflation: This occurs when there is excessive demand for goods and services compared to their supply.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Strategic Sourceror

JANUARY 20, 2023

Popular smart warehouse technology in use today There is an extensive range of smart warehouse solutions currently used by some of the largest (and highest-performing) companies. Warehouse management software could help companies transform their central tasks and processes. Brought to you by the StrategicSourceror.

Supply Chain Efficiency 104

Supply Chain Efficiency supply chain budgeting supply chain software solutions Supply Chain Optimization 104

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . Disruptions in global supply chains, labor market shortages, strong consumer demand. The Criticality of the Supply Chain (and Suppliers). What can we expect in 2022?

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

JULY 14, 2022

The demand for a procurement service provider has increased due to the global market conditions. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. This is due to the fact that it needs to effectively meet its demands and keep spending at a minimum. .

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

Supply Chain Game Changer

APRIL 19, 2022

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. Email Address.

Leadership 85

Leadership Raw materials supply chain software solutions Strategic sourcing 85

ivalua

MARCH 4, 2016

Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector. The latter is of particular importance since second sourcing can often be very expensive in this sector. If they do have a solution, they are using systems built for indirect spend. Time is Money. Settle no more!

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Strategic Sourceror

JANUARY 13, 2023

How will it address business owners' supply chain challenges? Surge in robots-as-a-service usage Robots as a service, or RaaS, refers to the delivery of robotic solutions on a subscription or pay-per-use basis. Will warehouse occupancy grow to accommodate the infrastructure? Here are a few predictions: 1.

supply chain software solutions 62

supply chain software solutions Supply Chain Efficiency Strategic sourcing Strategic sourcing 62

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation? Make sure the supplier can meet the need/demand of the new strategy.

Category management 76

Category management Management Supplier relationship management supply chain software solutions 76

Procurement Software

MARCH 19, 2024

It will take time before we have dedicated generative AI-driven procurement software. Software applications such as Cirtuo and Capella are already offering guided category strategy creation. Contract Management We’re already seeing AI-driven redlining of contracts, and suggested clauses from inbuilt libraries in existing CLM software.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Pipefy

JANUARY 11, 2023

This shift has become necessary as procurement departments are tasked by management with new strategic duties. Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions. Present the ROI.

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Solvoyo

JANUARY 3, 2020

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. However, I also believe that the old-fashioned digital representation of a supply chain with nodes and arcs is like drawing a stick figure.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply chain Supply 40

Let's Talk Supply Chain

JANUARY 9, 2023

As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data. 13.36] An overview of TraceGains – what they do and how they help their customers.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

SCMDOJO

JULY 3, 2023

The demand for qualified individuals keeps rising as businesses increasingly understand how important procurement is to their overall strategy. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Strategic Sourceror

SEPTEMBER 16, 2022

" While not new to the lexicon, supply was a major buzzword largely because there simply wasn't enough of it throughout the crisis, as grocers, big box retailers, furniture sellers and more struggled to keep up and restock on pace with the rate of buying among consumers. Brought to you by the StrategicSourceror.

Inventory control 57

Inventory control Inventory supply chain software solutions Strategic sourcing 57

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. How to gain visibility and control of your indirect spend.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Supply Chain Game Changer

NOVEMBER 12, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. How has Business and Supply Chain changed over the course of your career?

Leadership 42

Leadership supply chain software solutions Supply chain Purchase orders 42

Pipefy

JANUARY 31, 2023

Examples range from training services to software to raw construction materials. Digital procurement The application of technologies such as process automation, Artificial Intelligence (AI), and data analysis to the procurement process via software or a portal system. Most deliverables are measurable, specific, and have due dates.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. The latest updates can help you keep up with your industry competition, reduce costs and optimize your supply chain network to improve performance and mitigate risks. .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Empowering CPO

DECEMBER 3, 2020

Chief Procurement Officers (CPOs) are daunted with the demanding task of identifying and breaking these cartels. It is fitting to resolve their queries and concerns, to train them on the company’s sourcing software, promote site visits for them. Competition laws often forbid private cartels.

Chief Procurement Officer 52

Chief Procurement Officer Bidding Strategic sourcing Strategic sourcing 52

Empowering CPO

JULY 17, 2023

Understanding Managed Procurement Services Definition and Explanation of Managed Procurement Services Managed Procurement Services (MPS) are comprehensive solutions provided by external organizations specializing in procurement processes and strategies. The rise of Managed Procurement Services corresponds with this evolution.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Planergy

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Spend analytics involves classifying your spending data, identifying relevant trends, and implementing solutions that improve your purchasing power. Spend analytics can be performed by hand or with the help of software.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. These competencies are essential for ensuring that organizations can secure the goods and services they need at the best possible value.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Arkestro

OCTOBER 24, 2022

Predictive Procurement is crucial to solving a wide range of complex supply chain problems efficiently and effectively. To be the strategic partners the business needs, procurement teams today require more and are demanding more. Cycle time per Purchase Order and/or Sourcing Event. Some of these KPIs include.

Price 52

Price Suppliers Procurement team Supply Chain Efficiency 52

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? I ask Alan about Keelvar's unique focus: Optimising spot sourcing. On the one side, there are strategic sourcing events that take a long time (often months) to complete.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Una

JANUARY 8, 2024

Procurement can promote employee value all the way down the value chain by ensuring suppliers comply with fair labor practices, ethical standards, and employee well-being. We can play a role in building a supply chain that reflects the positive workplace culture you want to foster within your organization.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Importance and Impact on the Organization – Delivery metrics are vital for maintaining a smooth and efficient supply chain.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Solvoyo

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Procurement Software

MARCH 11, 2022

Direct materials that go into the production process are strategically sourced. Of course, procurement software can help you to achieve all of these much faster. Forcing clunky software or even worse, an archaic ERP system, onto them isn’t going to make you many friends. 3) Vendors not actively managed.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52