Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.

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Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

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Innovation Strategy Procurement Management 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. Scope : Procurement spans the entire process from identifying requirements to contract closure. Stakeholders : Procurement involves multiple internal stakeholders across the organization.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Introduction A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

OCTOBER 25, 2023

Procurement has a direct impact on a company’s financial health. From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges.

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Innovation Strategy e2e Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

Real-time Visibility 52

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

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

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Flawed or outdated Technology and Equipment that limits visibility. Inability to execute good Business Strategies. Flawed Processes. Inability to attract and retain top tier Talent.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

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supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

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

Empowering CPO

MAY 5, 2023

The Importance of Digital Transformation in the Modern Business Landscape In today’s rapidly evolving and competitive global market, businesses must continuously adapt and innovate to stay ahead of the curve. As a result, effective procurement is crucial to maintaining a competitive edge and supporting overall business objectives.

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

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Let's Talk Supply Chain

MARCH 1, 2023

As supply chain leaders strive to truly transform their businesses and become digital at the core, what does it take to achieve a true digital transformation? In my conversations with supply chain leaders around the world, some common themes keep coming up: How do I plan and execute at the pace needed today?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is Committed.

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

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Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Despite a slowdown in funding and a cautious economic outlook, there’s plenty of innovation in this space. Lots of European procurement tech startups are still in early or growth phase.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

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

Procurement Software

JANUARY 23, 2024

From the capital and beyond, German procurement startups are chipping away at a conservative business culture, making leaps and bounds towards modernising our profession. We take a look at early stage and growth startups from a country steeped in technological innovation and industrial dynamism.

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

Procurement Software

FEBRUARY 6, 2024

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem. Less than 10 years old as a company.

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Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Una

APRIL 9, 2024

It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. The opportunity to refinance was a no-brainer; we could do it relatively quickly and it didn’t cost us anything out of pocket. looking for innovative ways to reduce costs for your business.

Purchasing 52

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

Una

JULY 25, 2023

5 of the Most-Read Procurement Articles Don’t miss the five most-read procurement articles on Unaversity, Una’s online resource center dedicated to empowering procurement. As a procurement leader, it’s your responsibility to continue monitoring and upholding your suppliers’ performance. What’s in it for us?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. Here it is – take some time to look at it and how it flows, then read on.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

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Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 74

Positive Purchasing

MAY 9, 2023

Ian Platt heads up the Procurement Centre of Excellence at Syngenta Group, a US $33 billion global agricultural technology company. Just over a year ago, Ian initiated a move to digital procurement in a business that is leading the field in finding better ways to feed the World whilst helping to save the planet.

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Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 45

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

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Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

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Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

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