NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. 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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

The Future of Procurement Technology Supplier Relationship Management (SRM) Enhancement: Justification : Strengthening supplier relationships through SRM initiatives fosters collaboration, innovation, and mutual growth. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Jaggaer

DECEMBER 4, 2018

eProcurement solution providers like JAGGAER are leading the charge, developing sourcing solutions with the complexities and challenges of Freight Procurement in mind. JAGGAER’s Sourcing Optimization tool allows transportation companies to automate and evaluate high volumes of complex, conditional bids with multiple suppliers.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. For one, they often focus too heavily on price at the expense of other factors, such as quality, sustainability, and supplier innovation.

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. Yet far too many procurement teams are failing to optimize this digital technology era.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. Improved cash flow management translates to better supplier relationships, as businesses can settle payments faster and potentially negotiate early payment discounts. Traditional methods are struggling to keep pace with the complexity and dynamism of modern commerce.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

ivalua

MARCH 14, 2019

Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. But for this to happen, CPOs need full visibility of suppliers. More Intelligence, Quicker Decisions.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

Jaggaer

OCTOBER 8, 2019

Our survey shows that most procurement teams are there already with many applications: SRM, eSourcing, and eProcurement are in place. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 3) Optimize: Leverage new and emerging technologies.

Procurement 40

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

ivalua

DECEMBER 19, 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. S2C suites offer the software tools to achieve these objectives.”.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

DECEMBER 18, 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. S2C suites offer the software tools to achieve these objectives.”.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

NOVEMBER 26, 2019

Global automotive component supplier Meritor is a great example. They configured a unique approach to new product introductions (NPI), digitizing their engagement with suppliers, resulting in bringing more products to market faster and with greater profitability, multiplying their stock price over the period.

Procurement 130

Procurement Sourcing Spend management Innovation 130

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

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

SEPTEMBER 27, 2018

Looking at the fundamental differences between the organisations in context of those things that could influence supplier selection. The NfP also has a greater focus on adding social value to a supply chain. So how do these differences affect procurement and supply. In selecting suppliers. 3 Financials.

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 supply chain budgeting Procurement team 52

Procurement Insights

OCTOBER 26, 2023

based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. ” It was the recognition that the prescribed policies regarding the suppliers they could deal with contradicted best-value decision-making. According to their research, of the 45 percent of “their membership’s U.S.-based

Change management 59

Change management Management Contract Buyers 59

Procurement Software

JUNE 13, 2023

They place a high focus on providing a great user experience and easy onboarding for suppliers. With inputs from consulting organisations, procurement leaders, and suppliers, Krinati’s sourcing, contract management, and supplier management solutions aid businesses to ‘source with control’ through greater compliance and reduced risk.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

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. To buy such an enormous range of presents, you definitely need a well thought-out supplier database with a highly sophisticated category strategy.

Procurement 65

Procurement Raw materials supply chain budgeting Supply Chain Optimization 65