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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

No support for strategic sourcing: ERP systems don‘t offer support for strategic sourcing, which is critical for optimizing spend and driving savings. They’re not tied in to co-op and piggyback sourcing opportunities, and they can’t bring all your sourcing data together to help you make better purchasing decisions.

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Commemorating 10 years of Bonfire

Bonfire

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. The very last project I worked on really opened my eyes to the promise of eProcurement. Driving impact with eProcurement. Reflecting on the journey.

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

ivalua

Director Strategic Sourcing Digital & Functional Transformation, . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner. Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Developing and executing category strategies is critical to effective strategic sourcing. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

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Your procurement compliance and risk management checklist

Bonfire

Our panelists included: Hend Salem , Manager of Strategic Sourcing – Non Clinical at The Ottawa Hospital Carol Izzio , Director of Procurement at Sheridan College Christine McParland , Director of Residence and Ancillary Services at St. “We Get eProcurement with compliance built-in. Everyone has to buy in.”

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

Consider these courses and resources from NLPA: Data Analytics for Procurement Professionals Microsoft Excel for Purchasing Professionals Excel Basics for Buyers Strategic Sourcing Optimization: Justification : Applying strategic sourcing principles, including category management, supplier segmentation, and Total Cost of Ownership (TCO) analysis, optimizes (..)

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How to Bring More Spend Under Management

Una

Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. A strategic sourcing strategy is key to ensuring vendors with the potential to deliver the most value. The more details of each transaction that are included, the better. Una can help.