NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. 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

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

Procurement Insights

OCTOBER 11, 2023

Their answer was to my request about building a data sharing “bridge” between the ERP back end and a front-end eProcurement application. The reason for the expense and complexity – upgrades meant significant changes to the base solution source code. It was a bridge too far.

Collaboration 61

Collaboration Innovation Procurement Agile and Lean Supply Chain 61

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. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

ivalua

DECEMBER 19, 2019

in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

DECEMBER 18, 2019

in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

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

ivalua

MARCH 14, 2019

Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. Platforms can now pull together and merge relevant information from diverse sources into one place, including external financial figures, internal performance scorecards and risk. Increased Capacity for Strategic Thinking.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

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

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. 3) Optimize: Leverage new and emerging technologies.

Procurement 40

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

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. Future of Endless Solutions.

Real-time Visibility 32

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

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. But in response to supply chain disruptions over the past year and a half, many store managers had to go rogue. Optimize New Spend .

Procurement 130

Procurement Supply Chain Optimization Procurement team Purchasing 130

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. 7 Skills.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

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

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

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. The problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.” You want the right template, Merlin Assist provides it. So, everything.

Change management 58

Change management Management Contract Buyers 58

Jaggaer

DECEMBER 2, 2019

For this I need exact timing and a supply chain without any gaps. To get a grip on all the orders, I use JAGGAER, a globally recognized for procurement optimization. We have a special strategy for such single-source suppliers. There are 7,534,283,000 people in the world, 2 billion of whom are children.

Procurement 65

Procurement Raw materials supply chain budgeting Supply Chain Optimization 65