World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000.

Procurement solutions 91

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 91

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

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. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

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

Empowering CPO

JUNE 27, 2023

Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities. This enables better analysis, identification of trends, and informed decision-making.

Real-time Visibility 40

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