Procurement Tactics

JULY 4, 2023

It is a powerful tool that helps procurement and supply chain professionals to evaluate and negotiate pricing with suppliers effectively and favorably and achieve cost savings. Importance of Should Cost Model A should-cost model is an essential tool for procurement and supply chain organizations.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Supply Chain Game Changer

AUGUST 11, 2021

Subscribe to Supply Chain Game Changer. Cyber Security and the Digital Supply Chain! Technology has mainly driven the growth of supply chain operations throughout the years. Supply chain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply 98

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Una

NOVEMBER 19, 2023

The Definition of a Sourcing Hero | Part Two Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, Kelly traditionally asks each guest a question. We are all human.

Sourcing 52

Sourcing Agile and Lean Supply Chain supply chain software solutions Procurement 52

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

Procurement Software

MARCH 11, 2022

And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Why now is the time to invest in digital procurement software.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Why now is the time to invest in digital procurement software.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 11, 2022

Subscribe to Supply Chain Game Changer. Retail, manufacturing, distribution, pharmaceuticals, and technology are some of the businesses that use ERP software. An integrator’s job is to assist you in getting the most out of your software investment. Several variables will influence the final implementation cost.

supply chain software solutions 96

supply chain software solutions supply chain budgeting Supply Chain Optimization Budget 96

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Types of Procurement Technology E-Procurement Software: Automates purchasing processes, enabling digital purchase order creation, approval, and electronic invoicing.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Arkestro

OCTOBER 5, 2023

Let's talk Spend under prediction % Average savings (12 month rolling) “Arkestro’s unique approach to AI and sourcing delivers robust capabilities to forecast outcomes of sourcing events before they are actually issued.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Influencing 52

ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. Overall, Procurement organisations can influence entire ecosystems of suppliers to develop with this balance in mind. Balancing the Imbalanced. Building Resilience. Solidify A Competitive Advantage.

supply chain software solutions 130

supply chain software solutions Suppliers Procurement Strategic sourcing 130

Arkestro

MAY 18, 2023

There has always been a clear disconnect between the value in supply chain data and the ability of procurement teams to extract it. About the Webinar: As a procurement professional, your organization is likely sitting on a mountain of untapped data.

Procurement 52

Procurement supply chain software solutions Procurement team Influencing 52

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Pipefy

OCTOBER 25, 2023

Procurement’s increasingly important role in business success Procurement’s role has evolved over the last 100 years and especially within the last four years — and so has their typical area of focus and influence on business decisions.In Among those executives in finance, the percentage rose to 67%.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations.

Risk 74

Risk supply chain software solutions Risk management Real-time Visibility 74

IBM Supply Chain Blog

AUGUST 26, 2021

Consumers weary from ongoing supply chain strains are demanding greater transparency and certainty from retailers and e-commerce sites as they undertake back-to-school and holiday shopping. It also gives consumers more direct influence in tailoring their unique customer experience.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 52

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

The Procuretech Podcast

APRIL 26, 2022

Sometimes, an end-to-end source-to-pay (S2P) solution that joins up the dots, and automates a lot of otherwise manual processes, can give a huge productivity advantage. The mid market has traditionally been underserved by procurement software, with tech companies typically going after large enterprise clients at their expense.

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality?

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Supply Chain Game Changer

NOVEMBER 11, 2022

Subscribe to Supply Chain Game Changer. You can also utilize keyword search software to streamline the process. This is a practice of linking your website with another or your articles to other sources. Hire Influencers. Influencer marketing is one of the current trends in the business marketing world.

Strategy 97

Strategy Supply Chain Optimization Influencing supply chain software solutions 97

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. This also leads to more advantageous strategic sourcing. To better understand procurement’s influence, let’s dive into the benefits of strategic procurement to understand why it’s important.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Arkestro

OCTOBER 16, 2022

Arkestro (formerly Bid Ops) started as a predictive sourcing software built for procurement teams who want technology that learns what works and what doesn’t from every sourcing process,” Bertrand Maltaverne, Sr. Analyst (Supplier Management and Sourcing), Spend Matters, said. “It

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 52

Arkestro

JANUARY 23, 2024

Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. They spend much of their time analyzing inventory levels, assessing current and anticipated needs, and identifying potential gaps in the supply chain.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Role and influence of procurement function in the company Lesson 4. What you will learn: Lesson 1. What is procurement and purchasing Lesson 2.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Procurement Software

MAY 9, 2023

The Sourcing Hero The Sourcing Hero is a collaboration between outsourced group purchasing organisation Una and Art of Procurement. It’s a podcast largely focused on sourcing, but touching on all areas of procurement. The Sourcing Hero releases weekly, and just aired its 80th episode at time of writing.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

The Network Effect

OCTOBER 31, 2014

Today I want to talk about some of the processes and management strategies that can be used to help a supply chain on the journey from ‘good’ to ‘great’ To read more about this subject and related themes, I suggest you read the new whitepaper, Supply Chain’s New World Order” , Visibility and Measurement.

Supply Chain Optimization 81

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 81

Arkestro

JANUARY 18, 2023

But beyond impacting cost, factors like economic uncertainty, supply chain disruption, and changing consumer preferences are transforming procurement in the industry. The Deloitte report points out that supply chain will need to consider different strategies to meet the changes coming.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Arkestro

JUNE 6, 2022

Spend Matters’ analysts ranked Arkestro’s Predictive Procurement Orchestration platform as SolutionMap’s Value Leader in Sourcing for small, medium, and large enterprises. Not made baseless assumptions about how the software operated. Conducted better due diligence before settling on a particular solution.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Procurement 52

Supply Chain Opz

OCTOBER 5, 2016

Supply chain management is not an easy subject. Background Supply chain management is a relatively new discipline. Access public data from Data.gov Supply chain management is part of complex economic activities. You may feel that not all necessary information is available at your finger tips.

supply chain software solutions 49

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply chain management 49

Solvoyo

JANUARY 3, 2020

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. However, I also believe that the old-fashioned digital representation of a supply chain with nodes and arcs is like drawing a stick figure.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply chain Supply 40

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. to listen to and influence suppliers — but you have to meet your suppliers where they are, she notes. CBS can then ‘map’ stakeholder priorities to its own.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

The Procuretech Podcast

OCTOBER 12, 2022

We're continuing our mini series where we ask influencers and industry experts for their thoughts on everything that's happening in the digital procurement world. From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. She spent the first third of her career in supply chain roles for Johnson and Johnson.

supply chain budgeting 40

supply chain budgeting supply chain software solutions Supply chain Supply 40