Procurement Tactics

DECEMBER 6, 2022

Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

Una

MAY 18, 2023

Procurement Fraud: Understanding, Mitigating, and Monitoring the Risks Understanding the nature of procurement fraud, why it poses a strong risk in procurement, and ways to mitigate the consequences. Procurement fraud is a significant risk that can have severe consequences for organizations.

Risk 98

Risk Procurement Bidding Suppliers 98

Procurement Tactics

AUGUST 16, 2022

Or receive our famous weekly newsletter. Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built. What is Supplier Management? First Name. ENROLL NOW.

Suppliers 130

Suppliers Supply Chain Efficiency Management Supplier relationship management 130

Procurement Tactics

DECEMBER 20, 2022

Or receive our famous weekly newsletter. Contract Lifecycle Management Software — The Ultimate Guide of 2023. Integrating contract lifecycle management software is one of the best ways to manage contracts in a company. In this article, we will discuss what contract lifecycle management software is.

Contract 130

Contract Management e2e Contract management 130

Una

APRIL 18, 2023

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. So, how can procurement risk-proof an organization during a recession without squeezing suppliers?

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Procurement Tactics

AUGUST 23, 2022

Or receive our famous weekly newsletter. Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. What is Contract Management?

Contract management 130

Contract management Contract supply chain software solutions Management 130

Procurement Tactics

AUGUST 19, 2022

Or receive our famous weekly newsletter. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. For this article, we will discuss what the best practices in vendor management are. What is Vendor Management? ENROLL NOW.

Vendor management 130

Vendor management Management e2e Negotiation 130

The Procuretech Podcast

JULY 25, 2023

In this episode of the Procuretech Podcast, host James Meads is joined once more by Ward Karson, Chief Operating Officer of Raindrop – an enterprise spend management suite based in California. Today they discuss the pros and cons of tackling supplier risk management from within an S2P Suite. Introducing Raindrop. Stay in touch!

Risk management 40

Risk management Risk Suppliers Management 40

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management. Why Do We Need Supply Chain Visibility?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Procurement Leaders

MAY 7, 2024

In a complex, risk-riddled world, such visibility is crucial and can bring meaningful competitive advantage. To receive weekly insights from the Procurement Leaders community, sign up to the CPO Crunch newsletter using the link at the top of this page. The reality, however, is that we’ve an awful long way to go.

Strategic planning 236

Strategic planning Suppliers Supply chain Risk 236

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Leaders

FEBRUARY 6, 2024

It can be draining just reading about the chaos brought about by global risks that continue to hit the headlines; from Houthi Rebel strikes in the Red Sea to ongoing speculation about Chinese intentions towards Taiwan, to the potential fallout from “the year of elections”.

Supply Chain Efficiency 130

Supply Chain Efficiency Risk Suppliers Contract 130

Procurement Tactics

AUGUST 10, 2022

Or receive our famous weekly newsletter. Invoice Management — Everything You Should Know. In the past, the process of invoice management was slow. For this article, we will discuss what invoice management is all about. Additionally, we will tell you some of the best practices for the invoice management process. .

Management 130

Management Suppliers Import Negotiation 130

Una

MAY 18, 2023

Procurement Fraud: Understanding, Mitigating, and Monitoring the Risks Understanding the nature of procurement fraud, why it poses a strong risk in procurement, and ways to mitigate the consequences. Procurement fraud is a significant risk that can have severe consequences for organizations.

Risk 52

Risk Procurement Bidding Suppliers 52

Una

SEPTEMBER 5, 2023

Addressing the Possible Risks Associated with GPOs Answers to common questions about the risks associated with GPOs and how working with a group purchasing organization can empower procurement. Depending on the category, change management may be minimal and as easy as shifting your existing account over to the GPO contract.

Risk 52

Risk Purchasing Procurement strategies Contract 52

Procurement Leaders

APRIL 15, 2024

The need to de-risk over-complex supply routes, the demand for additional redundancy to drive supply security, the decoupling from certain regimes and regions due to geopolitical tension and inter-state competitive posturing, to name a few. Many reasons.

Supply 130

Supply Sustainability Supply chain Demand 130

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

FEBRUARY 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it?

Procurement 287

Procurement Market analysis Suppliers Contract 287

Finale Inventory

JANUARY 15, 2024

Did you know that by effectively managing stock, businesses can achieve a significant 10% reduction in inventory costs ? In the ecommerce industry, where decisions can make a huge impact on profits, it’s essential to have streamlined inventory management.

Inventory 52

Inventory Management Demand Strategy 52

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Change management tips for procurement To fear change is human. Create a compelling case for change Make a strong business case for the change.

Change management 52

Change management Management Procurement Leadership 52

Procurement Tactics

JUNE 5, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically. Why is it Important?

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Procurement Tactics

MARCH 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Source-to-Contract — The Ultimate Guide Source-to-contract is an important process in procurement. Additionally, we will tell you some tips on how you can manage it source-to-contract when disruption arises.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Procurement Tactics

APRIL 6, 2023

We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. Managing sustainable procurement Managing sustainable procurement is an important factor in adopting sustainability in your supply chain. However, how do you do it? Is your company sourcing directly or through third parties?

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Una

MAY 8, 2024

Whether it is allowing procurement to meet (or exceed) their objectives or protecting the company from risk, they need to be “joined at the hip” as we learn from this week’s guest. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Lisa Haitz.

Procurement 64

Procurement Strategic sourcing Strategic sourcing Contract management 64

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Next up is Harald Nitschinger, CEO of risk management solution Prewave.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Procurement Leaders

FEBRUARY 12, 2024

Influence a key requirement Our Risk and Sustainability Cohort gathered last week to explore the skills that procurement must develop to deliver on the ESG agenda, with around around 130 sustainable-procurement leaders in attendance. “Gliding towards something takes more time than we have,” he wrote. “It

Sustainability 130

Sustainability Influencing Procurement Risk 130

Procurement Tactics

NOVEMBER 24, 2022

Or receive our famous weekly newsletter. It involves the voluntary actions and commitments of companies to take into consideration social and environmental factors when managing relationships with their suppliers. Or receive our famous weekly newsletter. Responsible sourcing can help you protect from these risks. .

Sourcing 193

Sourcing Ethics Sustainability Supply chain 193

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Finale Inventory

OCTOBER 6, 2023

The significance of a seamless Warehouse Management System (WMS) cannot be undervalued in today’s fast-paced ecommerce and logistics sector. Effective space management can lead to reduced operational costs. About Finale When it comes to warehouse management, Finale stands out as a leader for ecommerce sellers.

Supply Chain Optimization 52

Supply Chain Optimization Management Quantity Inventory 52

Procurement Tactics

NOVEMBER 23, 2022

Or receive our famous weekly newsletter. It includes easy access to capital and markets, increased profits, improved brand image, gaining more customers, and better decision-making and risk management processes. . Or receive our famous weekly newsletter. 33 Procurement Interview Questions in 2022.

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

Planergy

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns. What Is Business Travel Management?

Management 52

Management Real-time Visibility Budget Spend management 52

Procurement Tactics

APRIL 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Transformation — Embracing Sustainable Procurement Sustainable transformation is needed to adapt and survive the new wave of challenges in the procurement process. However, how do you do it?

Sustainability 158

Sustainability Procurement Procurement strategies Negotiation 158

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Tactics

JANUARY 2, 2023

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Many companies use management tools to foster better communication with their suppliers. Supplier relationship and management is significant to streamline your procurement and supply chain process. 33 Procurement Interview Questions in 2023.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211