Planergy

MARCH 2, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

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

Empowering CPO

MAY 15, 2023

Introduction Welcome to a journey into the heart of successful businesses – the procurement function. Procurement is not just a corporate department; it is a critical business function that has the potential to influence an organization’s profitability, operational efficiency, and strategic success.

Procurement 52

Procurement Innovation Quality Real-time Visibility 52

Una

OCTOBER 9, 2023

DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity. Strategic sourcing has become a pivotal approach to procurement, offering a pathway to significant cost savings , enhanced supplier relationships, and optimized sourcing practices.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 21, 2023

Introduction Spend analysis, at its most basic, is a process that involves the collection, cleansing, classification, and analysis of expenditure data, with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. Spend Categories: These refer to the different areas where your business spends money.

Purchase orders 52

Purchase orders Data Purchasing Suppliers 52

Empowering CPO

JUNE 22, 2023

Introduction In the contemporary business landscape, the value of strategic decision-making and sustainable operations cannot be overstated. It involves the collection, classification, and evaluation of expenditure data with the goal of decreasing procurement costs, enhancing efficiency, and monitoring compliance.

Sustainability 52

Sustainability Procurement Supplier consolidation Supply Chain Efficiency 52

Planergy

FEBRUARY 9, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to report and analyze indirect spend to identify savings opportunities. Why You Need a Travel and Expense Policy?

Purchasing 52

Purchasing Purchase orders Management Budget 52

Una

NOVEMBER 14, 2022

As many companies struggled over the past three years, the pandemic became an enormous opportunity for global giant Amazon and other companies to capture a much larger share of low-value repeatable purchasing. For decades, procurement focused almost solely on finding the lowest cost for goods near manufacturing sites. Far from it.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. The article you are about to read was written in 2008. There are several questions in 2023, including: Does MSI still collaborate with Coupa?

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Empowering CPO

JUNE 25, 2023

Introduction Welcome to a world where strategic decision-making is powered by data and insights. Its purpose is to increase visibility of procurement spend, identify savings opportunities, improve operational efficiency, and monitor supplier performance. But what exactly is Spend Analysis?

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. But how do we fuel the engine of strategic sourcing?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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.

Innovation 52

Innovation Strategy Procurement Management 52

Empowering CPO

JUNE 14, 2023

Introduction A. It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. Brief Overview of Procurement Welcome to our deep dive into the world of procurement.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 23, 2023

Introduction In the dynamic world of business, the secret to sustained growth and profitability often lies hidden in the details. In essence, it provides a clear view of an organization’s spending patterns and uncovers hidden opportunities for cost optimization. This is where the concept of spend analysis comes in.

Data 52

Data Procurement Purchase orders Suppliers 52

Empowering CPO

JUNE 20, 2023

Introduction Welcome to a journey that takes us from the obscurity of jargon to the clarity of understanding and actionable insights. Spend analysis, an often overlooked yet critical component of procurement, is all about extracting those stories from stacks of invoices, purchase orders, and contracts.

Real-time Visibility 52

Real-time Visibility Data Supply Chain Efficiency Purchase orders 52

Empowering CPO

JUNE 27, 2023

Introduction In today’s fast-paced and interconnected world, digital transformation has become a fundamental driver of success for businesses across industries. Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement.

Real-time Visibility 40

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

Planergy

AUGUST 25, 2022

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. More Customers.

Data 52

Data supply chain budgeting Purchasing supply chain software solutions 52

Empowering CPO

JUNE 22, 2023

Introduction In an increasingly interconnected global economy, supplier diversity has emerged as a key strategy for companies seeking not only to foster social responsibility and inclusivity, but also to drive innovation, competitiveness, and market growth. Our commitment extends beyond delivering top-tier spend analysis services.

Suppliers 52

Suppliers Supply Chain Efficiency supply chain budgeting Data 52

Procurement Templates

NOVEMBER 11, 2022

Put simply, net zero means cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. Why is net zero important? C above pre-industrial levels. Currently, the Earth is already about 1.1°C To keep global warming to no more than 1.5°C

Procurement 130

Procurement Bidding Contract Suppliers 130

Claritum

NOVEMBER 16, 2018

Introduction. Address Procurement Strategy. Don’t lose Procurement’s focus on costs. Introduction. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. Claritum Article - Procurement Blog.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Empowering CPO

JUNE 20, 2023

Introduction In the ever-evolving landscape of business, staying ahead means having a clear view of your financial operations. Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance.

Data 40

Data Real-time Visibility Suppliers Sourcing 40

Planergy

AUGUST 9, 2022

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. More Customers.

Order Fulfillment 52

Order Fulfillment Inventory Purchasing Suppliers 52

Empowering CPO

JULY 2, 2023

Introduction In an increasingly interconnected and competitive business landscape, the role of procurement has transformed from a supporting function to a strategic powerhouse. Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. procurement transformation is not about getting to the lowest cost of procurement; it is about maximizing financial results.". .

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Empowering CPO

JUNE 21, 2023

Introduction In an era where data has become the lifeblood of business, understanding and leveraging financial data to make informed decisions is a non-negotiable aspect of successful operations. In the world of procurement, it’s the compass that guides decision-makers, pointing the way to smart, strategic purchases and partnerships.

Procurement 40

Procurement Data Sustainability Suppliers 40

Empowering CPO

JULY 17, 2023

Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility.

Procurement 52

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

Empowering CPO

JULY 17, 2023

Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Insights

DECEMBER 12, 2022

(Editor’s Note: This post is a follow-up to the breaking headline “COUPA SOFTWARE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY THOMA BRAVO FOR $8 BILLION.” ” Part 2 – A Tale of Two Industry Titans will be published later in the week. coupa #zycus). This lack of trust creates an almost insurmountable barrier to adoption.

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

Empowering CPO

JUNE 27, 2023

Introduction Unleashing the Power of Spend Analysis for Procurement Success In the world of procurement, data is the key to unlocking strategic decision-making and maximizing cost savings. It provides invaluable insights into spending patterns, supplier performance, and opportunities for cost optimization.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Empowering CPO

MAY 4, 2023

Introduction A. 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. Embrace Digital Transformation A. Some of the key benefits include: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

SCMDOJO

NOVEMBER 29, 2023

Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow. That’s why streamlining your inventory management strategies is crucial for success. What Causes Excess Inventory?

Inventory 91

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 91

Claritum

SEPTEMBER 27, 2018

Introduction. 1 Introduction. With Government departments motivated towards the public interest and other NfPs motivated towards building social value associated with their fundamental purpose. Claritum Article - Procurement Blog. Goals and Motivations. Financials. Summary Table. Regulations. Processes.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Empowering CPO

JUNE 25, 2023

Introduction In the world of procurement and supply chain management, the quest for efficiency and cost savings has led organizations to embrace several strategies. When applied to Maintenance, Repair, and Overhaul (MRO) activities, Spend Analysis can unlock new avenues for operational efficiency and cost savings.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Contract Purchase orders 52

Empowering CPO

MAY 6, 2023

Introduction A. The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. Digital Transformation and Automation A.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52

Procurement Insights

AUGUST 30, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Pipefy

MARCH 28, 2024

Process orchestration is a process management method that empowers businesses to seamlessly interweave many automated processes, people, and software for increased productivity, time and cost savings, and security. At businesses, both tech stacks and cybersecurity risks are quickly growing on both a local and global level.

Real-time Visibility 52

Real-time Visibility e2e Collaboration Data 52