Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. Building strong supplier relationships to encourage favorable contracts and service is also a common goal. Some may not agree with the proposed changes.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

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

A procurement strategy creates a sustainable and agile plan for improving procurement processes , increasing procurement efficiency, building better supplier relationships, and generating additional long-term cost savings for the business. Learn more about strategic sourcing optimization. Stakeholder and supplier engagement.

Strategy 52

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

Supply Chain Game Changer

SEPTEMBER 16, 2020

The rise of big data in various manufacturing and logistics industries, the development of sophisticated ERP systems, and end-to-end Supply Chain visibility has made it a crucial strategic function for companies looking to get an edge in highly-competitive industries like Consumer Goods, Food Production and Pharma.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. For example a monthly triggered risk analysis (set of simulations) from your e2e supply chain. Add to this more complex planning decisions (For example with relationship complexity, NPD or price decisions with suppliers and customers).

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Supply Chain Game Changer

NOVEMBER 10, 2018

Supplier chain collaboration itself isn’t new. With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Without the apps, the iPhone is just another ordinary phone!

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Instead of forcing suppliers to seek a means of getting in touch with the company employees, they may use a self-service portal. Benefits of Procurement Automation.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Una

AUGUST 30, 2022

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Jaggaer

JULY 7, 2020

In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. These should provide end users with visibility across their assigned scope. They are primarily concerned with answering visibility questions such as: What are the total number of RFQs that have been completed?

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4.

Real-time Visibility 52

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

Procurement Software

MAY 16, 2023

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. Medius Procurement Solutions enables users to gain control over their spend management by providing real-time visibility into spending patterns and supplier performance.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

HICX

AUGUST 4, 2022

The era of Supplier Experience is here. Accelerated by recent global events and propelled by today’s need to fundamentally change the way in which organizations interact with their suppliers, there is a realization in the industry that the enterprise-supplier relationship cannot be treated as a zero-sum game.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. While S2P is focused on integrating and streamlining supplier interactions, P2P is focused on integrating and streamlining purchasing and accounts payable activities.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Empowering CPO

JUNE 25, 2023

It’s a strategic function that requires careful planning, selection, and negotiation to ensure that businesses get the best value for their money. It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line.

Procurement 52

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

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. Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. The app is built around its large supplier database.

Procurement 52

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

Pipefy

JANUARY 4, 2023

This guide takes an in-depth look at procurement automation to help you understand how and why more businesses are turning to this technology to contain costs, improve visibility, and protect themselves from supply chain disruptions. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P. Sourcing processes.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

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

Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Supplier management. Containing costs.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

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

World of Procurement podcast

NOVEMBER 7, 2021

Paid is a workflow management solution that allows a business (the “Client” of Paid) to invite suppliers and issue work requests to the supplier. Work requests then receive a response from the supplier, either to accept or decline. faster payment’ to the supplier). Paid is available online at [Clientname].paid.co.uk

Procurement 52

Procurement Suppliers supply chain software solutions Real-time Visibility 52

Planergy

SEPTEMBER 12, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can involve activities such as purchasing suppliers, acquiring mines or farms, or establishing manufacturing facilities.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. eSourcing allows for sourcing planning by facilitating questionnaires and evaluations.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.

Sourcing 64

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

Procurement Software

DECEMBER 5, 2022

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. It begins when you requisition goods or services, and ends with the payment transaction. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer.

Sourcing 52

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