ivalua

MAY 30, 2023

Procurement and supply chain teams will play a crucial role in making this vision a reality. By maximizing resource utilization and implementing careful procurement management, the government can source the best goods and services at the most competitive prices.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Claritum

JANUARY 25, 2019

However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains. Supply chain integration ensuring smooth operations.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

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.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Arkestro

MAY 9, 2023

Simply put, organizations still aren’t harnessing the power of technology to its full effect — and they’re missing out on countless opportunities to optimize spending, decision-making, sourcing, and results. Ardent Parner’s research proves that competitive sourcing directly increases savings rates.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

ivalua

MAY 21, 2020

If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Claritum

FEBRUARY 4, 2020

In this article we look at what we think are the 5 most important steps towards effective eProcurement. Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Efficiencies. Efficiencies. the right sourcing tools such as a cloud spend management platform. Visibility.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

ivalua

MARCH 14, 2019

Platforms can now pull together and merge relevant information from diverse sources into one place, including external financial figures, internal performance scorecards and risk. If procurement is to do more, it must be more efficient and free up capacity for higher value activities that support new strategic priorities.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

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. Streamline procurement activities and reduce costs by using eProcurement and Internet Reverse Auctions. •

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

MAY 8, 2019

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

Jaggaer

FEBRUARY 11, 2020

The primary goals in phase one of the autonomous journey are to increase data transparency and improve usability, centralizing information and automating previously manual practices that might have been repetitive and time consuming. Machine learning tools provide their greatest advantages i n speed and efficiency.

Procurement 80

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 80

Claritum

SEPTEMBER 27, 2018

Where goals and motivations are concerned, the NfP sector is defined by the greater restrictions placed on changes to their goals: this coming from legislation, funding source restrictions and having to adhere closely to their defined purpose. The NfP also has a greater focus on adding social value to a supply chain.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Jaggaer

OCTOBER 8, 2019

We dealt with one of them in the previous article in this series: the need to integrate data across the full spectrum from source-to-pay. Our survey shows that most procurement teams are there already with many applications: SRM, eSourcing, and eProcurement are in place. 4) The “Day of Digitalization”. 4) The “Day of Digitalization”.

Procurement 40

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

ivalua

NOVEMBER 26, 2019

Then look at Sprint , where the handset division came up with the idea to effectively create their own marketplace for used handsets, configuring their sourcing product to run mass volumes of global forward auctions on used handsets to optimize the price received, generating over $1B in revenue in 2018. The Importance of Ambition.

Procurement 130

Procurement Sourcing Spend management Innovation 130

Claritum

FEBRUARY 14, 2019

Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Claritum

AUGUST 4, 2020

Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the. maximising financial results associated with the supply and use of goods and services. This automation can be achieved with either the right investment in eProcurement.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

OCTOBER 3, 2017

Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies. Claritum automates sourcing, procurement and invoicing in one, easy-to-use, cloud based platform while enabling business users, customers, procurement experts, buyers and suppliers to collaborate globally and in real time.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Claritum

NOVEMBER 16, 2018

With Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the organisation. Within this environment, the Procurement has to remain focused on maximising financial results associated with the supply and use of goods and services.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

MAY 12, 2019

Supply chain alternative routing or sourcing. Trusted Supply chain. End to end transparency of supply. Expert Networks allow individual procurement specialists to contribute in sourcing and procurement processes in a distributed and ‘virtually’ organised way. Supply chain.

Procurement 36

Procurement supply chain software solutions Supply Chain Efficiency Risk management 36

Procurement Software

FEBRUARY 20, 2024

Apadua Apadua is a professional services sourcing software, based in Cologne, Germany. In addition, Explore uses information from Source and Monitor to update its database. Source is a safe and user-friendly guide through the RFP and awarding process. It also has convenient filters and ways to organise different providers.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility Procurement team supply chain budgeting 52

Jaggaer

SEPTEMBER 29, 2020

We saw that after the so-called dotcom crash of 2000, which led to an upsurge in interest in electronic procurement; up until then eProcurement had been little more than an idea. They have had to rethink their sourcing and supply chain strategies, with many inshoring or nearshoring. Short-Term Pain Means Long-Term Gain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Pipefy

JANUARY 31, 2023

These awards are legally binding source documents containing terms, conditions, and pricing of the goods or services. Sealed bid Procurement method used primarily by the government in which all bids remain sealed, or unreviewed, until after the submission deadline has passed in order to ensure fairness and transparency in the bidding process.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

TYA Suite

MAY 14, 2023

Procurement system software has the power to reveal the genuine potential of procurement as well as its efficiency and benefits. The approval process for invoices also helps builds rules-based workflows with the help of an eProcurement solution that reduces overspending or non-compliant purchases.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Raw materials 52

Procurement Software

JUNE 13, 2023

All of these, as far as our research shows, are agnostic when it comes to the type of spend which can be sourced through the platforms. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. We love their UI/UX and can help you arrange a demo here.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Claritum

MARCH 10, 2020

The sourcing of products and/or services within the Category; the management of suppliers associated with the category; and strategic planning for this category. Focusing by category allows optimisation of the supply chain for that specific category. Engagement in supply chain optimisation and innovation with key suppliers.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

Procurement Insights

OCTOBER 26, 2023

80% of your typical use case across Source to Pay happens on Merlin Chatbot, which is built into Microsoft Teams. I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. You want the right template, Merlin Assist provides it.

Change management 58

Change management Management Contract Buyers 58

Zycus Cognitive Procurement

NOVEMBER 16, 2021

Organizations are looking to CPOs to take on broader and deeper strategic initiatives to create a future proof supply chain. It enables supplier centricity and greater visibility, sustainable sourcing, innovative category management techniques and all this culminates to make it a more customer-centric organization.

Procurement 40

Procurement Eprocurement Agile and Lean Supply Chain Supply Chain Efficiency 40

Claritum

MARCH 29, 2019

Single or multiple eProcurement platforms? We have all had experience of the introduction of new IT systems that frankly make processes more complex and seem to have somewhere along the line missed the original objective of making the process more efficient. Claritum Article - Procurement Blog. Introduction. Further Reading.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. Source: PPAI Sales Volume Study Summary. Single source.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Claritum

JANUARY 8, 2020

Some process timings for overall eProcurement. If your systems, processes and procedures help these people or groups to do their job more efficiently and effectively, then these people are on your side and there is no barrier. With support for multi-part projects sourced from single or multiple suppliers to component level.

Eprocurement 47

Eprocurement Influencing Purchasing Suppliers 47

Claritum

FEBRUARY 4, 2020

Bespoke requirements - key sourcing issues. Sourcing Bespoke requirements the right way. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Claritum

AUGUST 15, 2019

Problems with current sourcing methodologies. Sourcing the right way for Promotional goods and services. However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in products and services being purchased across the company with no consistency of supply or quality.

Management 32

Management Procurement Purchasing Sourcing 32

Claritum

JANUARY 8, 2020

If your systems, processes and procedures help these people or groups to do their job more efficiently and effectively, then these people are on your side and there is no barrier. With support for multi-part projects sourced from. Employees can compare whether to single source an entire project or. the Marketplace.

Purchasing 32

Purchasing Ethics Supply Chain Efficiency Suppliers 32