Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 89

Procurement e2e Contract Sourcing 89

Arkestro

JUNE 6, 2023

Resources / Blog / What Does Finance Think of Procurement? What Does Finance Think of Procurement? Procurement and finance are two sides of the same coin. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. Having so many options is not always a good thing, though. Read more. )

e2e 77

e2e Management Buyers Contract 77

Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Procurement Tactics

DECEMBER 7, 2022

33 Procurement Interview Questions in 2022. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . This approach involves the procure-to-pay cycle, order-to-cash cycle, and working capital management. .

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

JUNE 27, 2022

Once an organization has the complete Strategic Payment cycle in place CFOs can use the end-to-end visibility to control bottom-line growth with targeted programs. . Procurement can use C2FO to reduce the risks within the supply chain, onboard diverse, environmentally conscious or innovative suppliers. What’s more?

e2e 130

e2e Buyers Suppliers Supply chain 130

Procurement Software

APRIL 4, 2023

Over the last few years there has been a fundamental shift in how the procurement function has been viewed within a business. Once seen as a back-office administrative function, procurement has rightly moved into the spotlight. A whole new breed of procurement tech platforms have sprung up since the outbreak of the pandemic.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Procurement Tactics

AUGUST 19, 2022

33 Procurement Interview Questions in 2022. Through their quotes, you can compare their prices. My name is Marijn Overvest, I'm the founder of Procurement Tactics. Simply negotiating the pricing and performance leads to the completion of the contract. First Name. Download Free PDF. Or receive our famous weekly newsletter.

Vendor management 130

Vendor management Management e2e Negotiation 130

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

FEBRUARY 13, 2023

The impact of Covid-19 on demand, the opening and closing of borders, factories and ports, the obstruction of the Suez Canal and the war in Ukraine have created a nightmare for supply chain and procurement professionals. Even now, supply chains are far from being “back to normal.”

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. Cost savings Selecting suitable suppliers to meet long-term business needs often results in contracts with more advantageous pricing and payment terms (like bulk pricing and reduced fees).

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Spend Matters

OCTOBER 26, 2023

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

e2e 89

e2e Strategy Procurement team Procurement strategies 89

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. This includes the procurement of materials, where they come from, and the conditions in which they were produced.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Procurement Software

JULY 25, 2023

So, you’re about to embark on a digital procurement transformation in your organization. You’ve read lots of articles, listened to a few of the best procurement podcasts , maybe been to a conference or two , and networked with some of your peers. How do you see the end of the process? Well, not quite. This is not good enough.

Procurement 52

Procurement Budget Data Suppliers 52

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Procurement Heads

JUNE 22, 2022

How did you get into procurement? We won a CIPS award for Best Procurement Operation Start-Up. I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. What are you most passionate about when it comes to procurement?

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Zycus Cognitive Procurement

JULY 27, 2021

Procure to pay automation has come a long way in the world of procurement. Once upon a time in procurement, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on their instinct; after all, instinct is simply the product of years of distilled experience. Source-to-Pay Digitization Diagnostic.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

Empowering CPO

JULY 2, 2023

Introduction In an increasingly complex global market, procurement services have become more than just a business necessity; they are a strategic linchpin that can significantly impact a company’s bottom line. At EmpoweringCPO, we believe in the power of smart procurement to drive business success.

Risk management 40

Risk management Risk Suppliers Management 40

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. Prioritizing supply chain visibility. The massive global shipping squeeze.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency e2e Supply chain 105

Supply Chain Game Changer

NOVEMBER 9, 2021

Natural rubber supply is further impacted by market pricing, which is largely set by the Shanghai Futures Exchange. Because this price setting is done irrespective of production costs, artificially low prices disincentivize producers from sustainable production and replanting, further compromising the supply of rubber.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Supply Chain Game Changer

AUGUST 19, 2022

CLM involves the end-to-end tracking of product, payment, rebate, and delivery information in the supply chain. CLM enables businesses to move away from traditional systems like spreadsheets and hard drives and gives them complete visibility on contracts and agreements at any time. The bottom line.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Supply Chain Opz

MARCH 6, 2015

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. With “Internet of everything” concept expanding, there are more opportunities to connect supply chains and increase the visibility from order initiation to order delivery.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Let's Talk Supply Chain

JUNE 27, 2022

Price Stabilization, Legislation, And The Shift Towards ESG. Arguably the biggest issue facing importers today is the lack of visibility and transparency in their supply-side networks. The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard.

Import 52

Import Supply Chain Efficiency Agile and Lean Supply Chain e2e 52

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. By outsourcing transportation management, businesses can reduce costs, improve visibility, and enhance overall logistics efficiency.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

HICX

DECEMBER 1, 2022

As Anthony Payne , CMO, HICX, explains, by reducing or removing this friction, “You’ll have greater control and visibility through massively improved data, and you’ll position yourself to be customer-of-choice for the largest possible number of your suppliers.”?. How to use segmentation to drive the supplier experience?

Suppliers 52

Suppliers e2e Import Demand 52

Pipefy

JANUARY 31, 2023

This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process. These inefficiencies are not only costly, but they can trickle down and negatively impact purchasing and procure-to-pay processes.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

SCMDOJO

MAY 13, 2022

A good way to understand longer end-to-end transit times which under the current scenario have increased dramatically on most of the major trade lanes is to take a closer look at where delays are more likely to happen. An AI optimization model which considers all costs that occur during the container lifecycle is needed.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Zycus Cognitive Procurement

NOVEMBER 29, 2022

E.g., you may offer your vendor partner higher business volumes (through consolidation) in exchange for better price or payment terms. You may provide better demand visibility to the vendor partner. Doing so can help reduce the end-to-end process cycle time from a few weeks to a couple of days or even a few hours.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96