Remove Eprocurement Remove Purchasing Remove Supply Chain Efficiency Remove Supply Chain Optimization
article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques. Ivalua’s Invoicing and Payments solutions optimize the invoicing and early payments processes, helping your organization to better manage working capital.

Price 264
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Benefits of Cashless Procurement Systems

NLPA (Next Level Purchasing Association)

The global supply chain is undergoing a metamorphosis. In this evolving landscape, cashless procurement systems are emerging as a powerful tool for businesses to streamline operations, enhance transparency, and gain a competitive edge. This shift offers numerous advantages for businesses of all sizes.

article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Manufacturers can off-set the effects of inflation and avoid passing on price increases to their goods and services by maximizing the efficiency and effectiveness of the procurement function. Our Invoicing and Payments solutions can help optimize invoicing and early payments, helping your organization to better manage working capital.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

article thumbnail

We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

ivalua

Later in the day, Yannick Caharel, Chief Procurement Officer – Purchasing Director, Bulgari will present “Building the Sourcing Organization for Tomorrow” to discuss the structure, people and technology put in place to support their procurement vision and their holistic approach to ensure adoption across a diverse organization.

article thumbnail

A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.