Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Empowering CPO

JULY 2, 2023

In essence, it’s a critical business function that ensures the right goods and services are available at the right time, in the right quantities, at the right price. Real-World Examples of Companies Benefiting from These Services Several companies have experienced the transformative power of Managed Procurement Services.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Planergy

MAY 30, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. An effective TEM solution will help an organization save money, time, and resources while providing visibility into spending patterns.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. Managed procurement, on the other hand, adopts a proactive, strategic, and holistic approach to procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. 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.

Real-time Visibility 40

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

Planergy

JANUARY 19, 2024

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Taking your time throughout the process ensures you get the best possible match. How to report and analyze indirect spend to identify savings opportunities.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Empowering CPO

JULY 5, 2023

We believe in the power of strategic sourcing and procurement to drive significant value across organizations. Our offerings, from spend analysis and sourcing support to contract and supplier management, are designed to optimize procurement operations, improve efficiency, and drive cost savings.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Empowering CPO

MAY 15, 2023

It’s the art of sourcing, negotiating, and purchasing, all while maintaining a keen eye on quality and cost. But in recent times, this function has evolved far beyond the simple act of purchasing. When a company commits to buying large quantities from a supplier, it often gets a better per-unit price.

Procurement 52

Procurement Innovation Quality Cost of ownership 52

Empowering CPO

JUNE 26, 2023

In the following sections of this guide, we will provide in-depth analysis, real-world examples, and actionable recommendations to empower healthcare organizations in their journey towards optimizing costs and improving patient care through effective spend analysis. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. Managed procurement, on the other hand, adopts a proactive, strategic, and holistic approach to procurement.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tail spend analysis helps companies identify areas of spend that are falling through the cracks and gain visibility into their overall spending.

supply chain budgeting 52

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

Empowering CPO

JUNE 21, 2023

It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. Additionally, the sheer volume of transactions that large businesses dealt with on a daily basis made manual Spend Analysis highly time-consuming and inefficient.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Arkestro

MAY 9, 2022

Ensure your company has a steady supply of what it needs to produce its end product on time and at the lowest possible price. Strategic sourcing was in the spotlight. Onboarding takes time, including training and deployment. It gets smarter with time, increasing your win rate. . Things continued to evolve.

Procurement 52

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

Planergy

JULY 27, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Timeliness Expenses must be reported in a timely manner. What pricing limits will you enforce? It is very easy to lose a receipt.

Real-time Visibility 52

Real-time Visibility Management Purchasing Budget 52

Procurement Software

MARCH 11, 2022

Old school, pure-play price negotiations don’t work, especially in an inflationary market. Direct materials that go into the production process are strategically sourced. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Old school, pure-play price negotiations don’t work, especially in an inflationary market. Direct materials that go into the production process are strategically sourced. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

SEPTEMBER 20, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The right business travel management tools can save you time, money, and countless headaches. But fear not, weary traveler!

Management 52

Management Real-time Visibility Budget Spend management 52

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It also facilitates data collection, which can be used for analytics and strategic decision-making.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 30, 2023

Introduction Have you ever wondered how much time, effort, and money your company spends on procurement? With today’s increasing business complexity and the pressure to do more with less, it’s time to explore how managed procurement services can transform your business. Allow us to introduce ourselves.

Management 40

Management Procurement Real-time Visibility Supply Chain Efficiency 40

Empowering CPO

JUNE 16, 2023

This comprehensive visibility into an organization’s spend data is the cornerstone of strategic sourcing and purchasing decisions. By examining spending patterns and supplier pricing, organizations can identify opportunities for consolidation of spend, volume discounts, or renegotiation of contracts.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

Empowering CPO

JUNE 27, 2023

We are committed to assisting our clients in unlocking the full potential of their procurement processes, enabling them to make data-driven decisions, achieve cost savings, and drive strategic sourcing initiatives. These challenges can hinder the ability to make informed decisions, optimize costs, and drive strategic initiatives.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Supply Chain Game Changer

JULY 3, 2019

But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. So, what are the steps that need to be taken in businesses globally to make real sustainable impact? in this case, responsible sourcing.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Empowering CPO

JUNE 20, 2023

To support them in their mission, we offer comprehensive, data-driven solutions that bring visibility into every nook and cranny of their procurement spend, including the elusive tail spend. The company was able to recoup a significant portion of this loss by implementing a strategic tail spend management program.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Planergy

DECEMBER 12, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Even using last year’s data to support the current year for your current budget may lead you astray without close monitoring, as factors change over time.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

Empowering CPO

JUNE 16, 2023

Spend Analysis also plays a pivotal role in strategic sourcing and procurement optimization. In strategic sourcing, it provides key insights into supplier performance, contract compliance, and market trends, enabling procurement teams to select suppliers who offer the best value for money.

Procurement 40

Procurement Data Real-time Visibility Procurement strategies 40

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You may want to satisfy customers who are increasingly shifting towards brands with strong ESG credentials even if that means higher price tags.

Sustainability 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Is top management committed to the collaboration process and ready to offer support over the long term?

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

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. When consumers have more money to spend, they compete for limited goods, driving prices up. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Software

MAY 16, 2023

SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The European Union takes a very similar definition.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Procurement Software

MARCH 11, 2022

through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. If you don’t know: exactly what you’re buying; from whom; and at what quantities and unit prices; then your business is at risk and you’re leaving cash on the table. Saving just 2.5%

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. If you don’t know: exactly what you’re buying; from whom; and at what quantities and unit prices; then your business is at risk and you’re leaving cash on the table. Saving just 2.5%

supply chain software solutions 52

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

Empowering CPO

JUNE 27, 2023

Real-world success stories and case studies illustrating the significant impact of spend analysis on achieving tangible cost savings and procurement optimization. Enhanced Supplier Management: Through spend analysis, organizations gain a deeper understanding of supplier performance, including quality, delivery, and pricing.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. It promises to assist with improving buyer and supplier collaboration.

Real-time Visibility 52

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

Planergy

JANUARY 18, 2024

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Catalog management in procurement is the strategic process of managing and maintaining a product catalog within an organization.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52