Pipefy

DECEMBER 20, 2023

Strategic procurement leverages data to reduce risks across the entire procure-to-pay process and identify opportunities for long-term and continuous forecasting and optimizations. This also leads to more advantageous strategic sourcing. Why is strategic procurement important?

Supply Chain Efficiency 52

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

Pipefy

JANUARY 11, 2023

In order to prepare for the next great disruption, a total overhaul of processes through procurement transformation is required to unlock a business that will not only survive but thrive as well. What is procurement transformation? What is a procurement transformation strategy? A profound break in how procurement teams work.

Strategy 52

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

IBM Supply Chain Blog

DECEMBER 13, 2023

Policies serve as guidelines for the procurement team, ensuring consistency and adherence to ethical standards. Procurement is no longer an analog process; a growing percentage of it takes place online (e-procurement). Communicate the opportunities these changes bring and explain their benefits for stakeholders.

Procurement strategies 68

Procurement strategies Strategy Procurement Supply Chain Efficiency 68

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analysis is necessary for strategic sourcing. What is spend data?

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52

Pipefy

JANUARY 4, 2023

But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Containing costs.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Procurement Software

MARCH 5, 2024

Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses. Additionally, analytics features grant you deeper visibility into your supply chain. Requis also enables the circular economy.

Real-time Visibility 52

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

Empowering CPO

JUNE 25, 2023

Secondly, data analytics has empowered businesses to make data-driven procurement decisions. Through tools like spend analysis, businesses can gain in-depth insights into their spending patterns, identify cost-saving opportunities, and drive strategic sourcing.

Procurement 52

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

Pipefy

FEBRUARY 13, 2023

Typically, the source-to-pay process is used to fulfill needs like finding new suppliers that offer lower prices, better terms, or goods/services not offered by current suppliers. S2P software automatically generates and shares these documents with suppliers and stores them securely in an eVault for easy access and visibility.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Procurement Software

MAY 16, 2023

Medius Medius is a cloud-based procurement solution that offers a comprehensive set of modules to streamline purchasing processes. It offers the full range of functions you need from an end-to-end platform: Strategic Sourcing Contract Management Procurement Accounts Payable automation Payments and Supplie Management Actionable Data Insights.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Matchory Matchory is a German procurement startup offering a data-driven strategic sourcing solution. The app is built around its large supplier database.

Procurement 52

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

Procurement Software

JULY 18, 2023

This is a great solution for either “lone ranger” procurement managers. Equally, it can help organisations that need a more structured sourcing process but without a dedicated procurement team in place. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

MARCH 7, 2023

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. P2P forms the later (or “downstream”, to use consultant jargon) stages of the S2P procurement process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. P2P forms the later (or “downstream”, to use consultant jargon) stages of the S2P procurement process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you.

Sourcing 52

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