article thumbnail

From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. prior to P2P execution) and/or downstream activities, new or existing products, procurement and/or supply chain functions, etc.

article thumbnail

For a Successful Business Improve Supply Chain!

Supply Chain Game Changer

Well-managed supply chains optimize the flow of products, finances and data, making businesses more efficient. Here are all the ways in which implementing steps to improve Supply Chain helps your business evolve and grow. The time-to-consumer indicator is one of the main ways your company’s efficiency is measured.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Source to Pay… The Real Value for Purchasing

Jaggaer

It is the essential link between all purchasing functions and accounts payable within an organization and includes essential functions such as supply management, requisitions, purchase orders, receiving, and invoicing. Enhanced Visibility: A S2P solution will allow you to leverage data across the enterprise.

article thumbnail

Hey Procurement! It’s Time to SELL!

Supply Chain Game Changer

Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known. Now is the time for Procurement to SELL! Now I would never advocate selling something that isn’t real. Well here’s some news. Procurement is strategic! Advanced Procurement.

article thumbnail

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

article thumbnail

Shortage vs. Surplus: Causes and Definitions

Finale Inventory

Causes like supply management, marketing strategies and planning are all things businesses should focus on to prevent surpluses and shortages as much as they can. Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive.

article thumbnail

Hey Procurement! It’s Time to SELL!

Supply Chain Game Changer

Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known. Now is the time for Procurement to SELL! Now I would never advocate selling something that isn’t real. Well here’s some news. Procurement is strategic! Advanced Procurement.