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.

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Procurement Inventory control supply chain budgeting Real-time Visibility 52

Supply Chain Collaborator

MARCH 16, 2020

The Novel Coronavirus pandemic is absolutely playing havoc on supply chains globally and for numerous reasons. Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic.

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supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Una

JULY 6, 2022

Benefits of a Group Purchasing Organization. A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. A group purchasing organization leverages the collective purchasing power of thousands of businesses to secure lower prices for their members.

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Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Well, because every company knows what they sell.

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supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Well, because every company knows what they sell.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 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.

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

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

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

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Getting the right amount of products at the right price. Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. Spend Visibility. Transparency is a good thing when it comes to spending visibility.

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

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

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EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

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Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

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.

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

EazyStock

JUNE 16, 2022

As global supply chains become more complex, disruption in one link in the chain can significantly impact other areas. Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Inventory management and AI. What is machine learning?

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Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Yet hardly any TRULY have a real grip on what they BUY.

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

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Yet hardly any TRULY have a real grip on what they BUY.

supply chain software solutions 52

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

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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World of Procurement blog

MAY 10, 2024

Some of the key capabilities and use cases for AI in procurement include: Automating repetitive and routine tasks : AI can take over low-value tasks like invoice processing, purchase order creation, expense report auditing, and other administrative workflows. This frees up procurement professionals to focus on high-value strategic activities.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

FEBRUARY 6, 2024

Then check our our free software directory. If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database. The company offers a simple and competitively priced contract management solution.

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Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions.

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Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Insights

AUGUST 30, 2023

They say that, like truth, good ideas stand the test of time. The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. Kearney Report that was originally released in May 2007.

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Real-time Visibility Procurement supply chain software solutions Buyers 52

Una

AUGUST 2, 2022

According to Verified Market Research , the global procurement software market will grow from $5.5 Take B2B services purchasing as an example. Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making. billion (2020) to a projected $9.5

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Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. It can also provide real-time data and analytics.

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Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time. Subscribe to news from Arkestro.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Procurement Software

JANUARY 23, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. At the same time, it also provides AI-powered management of contractual obligations and deliverables. Elena Mechik Date Founded: 2019 Visit Inhubber profile in our Software Finder 2.

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

Strategic Sourceror

NOVEMBER 2, 2022

Look no further than the Producers Price Index for proof. When you add in supply chain disruptions, which many companies are still encountering, organizations are looking for any opportunity to stretch their dollar further and offset their rising costs. Enterprise resource planning software gives you that visibility.

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supply chain software solutions Real-time Visibility Supply Chain Efficiency Strategic sourcing 57

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

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Spend Matters

DECEMBER 21, 2023

In sourcing, the AI can rapidly analyze supplier options based on pricing, quality, sustainability and other factors to identify optimal partners, while also predicting performance to mitigate risk. More accurate forecasts allow for better planning, inventory management and mitigation of various supply chain risks proactively.

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Orderhive

DECEMBER 13, 2022

This myriad of ways customers can choose to make purchases used to present problems for sellers. It was difficult to coordinate older inventory management systems with all channels, and if several warehouses and traditional shops were involved, the roadblocks to filling customer orders were compounded.

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The Procuretech Podcast

OCTOBER 3, 2022

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 . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . This takes consultation and a lot of time.

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supply chain software solutions supply chain budgeting Supply chain Supply 40

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by. Download PDF.

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

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

Supply Chain Optimization 52

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

Arkestro

MAY 16, 2022

Shipments are global, and so are the sources of raw materials. There is a competition based on quality and price—competition made more fierce by the fact that raw materials can account for 50% or more of a chemical’s selling price. Some raw materials are in short supply. Purchased 35,000 different raw materials.

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

IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience.

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Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. Procurement organizations are primarily measured by cost savings, making it imperative for them to reduce purchase prices as much as possible.

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Procurement supply chain software solutions Purchase orders Procurement solutions 52

TYA Suite

MAY 14, 2023

Inventory management or inventory control is the process of monitoring the warehouse of a business to ensure that the stock is being used at the optimum level and is managed well. Automation eliminates human error, saves time, and decreases the probability of mistakes.

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