Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. What is AI? CERTIFICATE COURSES Related courses about this subject 1.

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Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Today, we’re covering automated procurement and how it can help your business in the future.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Procurement Leaders

JANUARY 8, 2024

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. Practical, pragmatic, and effective.

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Real-time Visibility Procurement Inventory Suppliers 130

Empowering CPO

JUNE 16, 2023

Brief Overview of Spend Analysis Spend analysis is a process that involves collecting, cleansing, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance. In essence, spend analysis empowers procurement teams to turn data into strategic action.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

Procurement Tactics

MAY 31, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands.

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Inventory control Inventory Real-time Visibility supply chain budgeting 174

ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

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supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

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Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Let's Talk Supply Chain

DECEMBER 4, 2023

Guest Bio: Cris Ferregur, Vice President of Business Development at SDI, champions the needs of facilities management, plant maintenance, and procurement professionals, delivering significant year-over-year cost savings and improved ROI. We look to augment and enhance – it’s a real partnership.” 37.06] The future for SDI.

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Supply Chain Optimization Real-time Visibility supply chain budgeting Supply Chain Efficiency 52

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. This shape represents your entire procurement spend. It's decentralized by buyers in the business (not procurement people). Put simply, procurement teams can’t do everything.

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Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

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Procurement contracts Contract Procurement Negotiation 113

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market.

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Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Una

NOVEMBER 28, 2022

Three Steps to Making an Impact When Starting a New Procurement Role. Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. Make an impact right away when starting a new procurement role. Step 1: Gain visibility of spend data.

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Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

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Procurement strategies Innovation Strategy Procurement 94

Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. As an aside, we are a family of six with four teenagers with different tastes.

Supply Chain Efficiency 74

Supply Chain Efficiency e2e Supply chain Real-time Visibility 74

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. Why is it Important?

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Inventory Management Real-time Visibility Inventory control 187

Una

OCTOBER 17, 2023

Chatbots in Procurement: Now and the Future Explore how chatbots in procurement have begun to reshape the industry and the exciting possibilities that come along with this technology. You’ve probably interacted with several chatbots as an online customer, but have you ever used a procurement chatbot to make your job easier?

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Spend Matters

SEPTEMBER 5, 2023

As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. Using conversion funnels to turn skeptics into raving procurement enthusiasts “Can you give me feedback on this approach?

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Procurement Real-time Visibility Chief Procurement Officer Procurement team 93

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

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supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it?

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Inventory Real-time Visibility supply chain software solutions Quantity 192

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

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Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

SCMDOJO

APRIL 29, 2024

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. It encompasses activities such as procurement, supplier selection, and evaluation. Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers.

Supply chain management 54

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 54

SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. They can avoid bottlenecks and inventory shortages. Inventory Optimization As we’ve already stated, an optimized inventory is crucial to balancing costs and keeping customers satisfied.

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Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

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Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Una

AUGUST 2, 2022

5 Technology Trends in Procurement. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. According to Verified Market Research , the global procurement software market will grow from $5.5 Technology trends in procurement. Cloud migration.

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Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 66

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility.

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Procurement Tactics

NOVEMBER 14, 2022

33 Procurement Interview Questions in 2022. We will also tackle retail supply chain management and its importance. There are various discrete elements of a supply chain which include procurement, order management, inventory management, warehousing, carrier partnerships, and more. . Download Free Whitepaper ?. ?.

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Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. What Procurement Challenges Do Construction Companies Face?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

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supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Heads

JANUARY 30, 2023

For the latest of Procurement Heads ‘ Futureheads series, Harsh spoke to Dan Goodson about his procurement career journey. I am an IT Buyer and procure software and hardware. You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company?

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supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Xavier Olivera looks at E-Procurement. In this article, our analyst Xavier Olivera looks at E-Procurement. What does an E-Procurement solution do?

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Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

ivalua

NOVEMBER 10, 2020

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

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Procurement Real-time Visibility Contract Sourcing 130

Skill Dynamics

AUGUST 25, 2022

As an integral part of supply chain management, logistics plays an important role to keep the supply chain strong by planning, implementing, and controling the flow and storage of goods and services to meet customer’s requirements. Good visibility. Logistics management creates visibility into a company’s supply chain.

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Supply Chain Efficiency Supply Chain Optimization Logistics Import 52

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And we serve everything up on our project and procurement software… for an easier way to book freight.”. We solve some of the industry’s biggest issues….

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Real-time Visibility Price Collaboration Supply Chain Efficiency 98

Procurement Heads

FEBRUARY 8, 2023

One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend. They want to centralise energy procurement and increase the use of on-site renewables, all while working towards their ESG and reducing reliance on the external grid. So, what can businesses do?

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