World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Purchase : The execution of the purchase order.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Purchase : The execution of the purchase order.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Reality of Automation in Procurement! Getting the right amount of products at the right price. All of these are the challenges of working in procurement, necessitating an automated procurement system. Understanding The Procurement Process. Spend Visibility.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 85

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 85

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

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 Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. It can also refer to using software to replace manual tasks.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Una

AUGUST 2, 2022

5 Technology Trends in Procurement. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. According to Verified Market Research , the global procurement software market will grow from $5.5 Technology trends in procurement.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. What Procurement Challenges Do Construction Companies Face?

Supply Chain Efficiency 52

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

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? The time is now – let’s get an action plan together! What are the implications?

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Arkestro

MAY 9, 2022

Predictive Procurement Orchestration (PPO) is the future of procurement. The goals of procurement in an organization used to be relatively simple. Ensure your company has a steady supply of what it needs to produce its end product on time and at the lowest possible price. Ongoing Supply Chain Challenges.

Procurement 52

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

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Arkestro

MAY 16, 2022

Predictive procurement is a must-have in chemical manufacturing. Using a huge range of raw materials for production, companies in this industry supply chemicals to virtually every sector. Shipments are global, and so are the sources of raw materials. Some raw materials are in short supply.

Raw materials 52

Raw materials Procurement Real-time Visibility supply chain software solutions 52

Arkestro

MAY 30, 2022

Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. Done Right, Going Digital Enables Procurement to Be Strategic to the Business.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Procurement Software

JULY 11, 2023

Finance and Procurement are two functions which should, and must, work more closely together. Finance and Procurement: the opportunities and challenges to be allies Let’s approach this using my background from the automotive industry! Why is it that finance and procurement aren’t watertight partners in most organisations?

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Arkestro

FEBRUARY 15, 2023

With the pandemic, global economy, and inflation shaking up the industry, reliable suppliers have become a major issue for companies involved in heavy industry procurement. The first step of predictive software is to collect data from across your organization. How Predictable!

Purchasing 52

Purchasing Purchase orders supply chain software solutions supply chain budgeting 52

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

The Procuretech Podcast

OCTOBER 3, 2022

We're continuing our series of interviews with industry experts and thought leaders to get their take on digital procurement. In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . guides, easy to read lists. .

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Procurement Software

APRIL 18, 2023

eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. This back and forth is very time-consuming.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

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.

Real-time Visibility 40

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

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Supply Chain Collaborator

MARCH 4, 2015

If ever there was a perfect time to engage a logistics IT solution like TMS, Optimizer or Yard Management tool, it is now. Let’s look at some of the ways investing in logistics IT today will pay off the next time fuel prices surge. The recent modest upturn in diesel prices notwithstanding, prices today are lower by $1.08

supply chain software solutions 68

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Logistics 68

Empowering CPO

JUNE 16, 2023

Brief Overview of Spend Analysis Spend analysis is a process that involves collecting, cleansing, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance. In essence, spend analysis empowers procurement teams to turn data into strategic action.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. The Fundamentals of the Process. Getting Into the How.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? Procurement professionals can use pareto analysis to examine various aspects of business and adjust strategy. What is Pareto Analysis?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Claritum

FEBRUARY 14, 2019

Claritum Article - Procurement Blog. Gaining Visibility and Control. There are unique challenges and opportunities presented by complex, frequently ordered categories of Indirect expenditure, such as marketing services, print, packaging, uniforms & apparel, office supplies and related products and services. Introduction.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Procurement Software

MARCH 11, 2022

But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Procurement technology providers have recently caught on to this.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. Old school, pure-play price negotiations don’t work, especially in an inflationary market. Procurement technology providers have recently caught on to this.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Empowering CPO

JUNE 26, 2023

This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities. This unique landscape presents numerous challenges and complexities for healthcare organizations when it comes to managing their procurement activities effectively.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 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