ProcurePort

DECEMBER 4, 2020

How much does your enterprise spend on procurement each quarter or each year? The post How to Develop Your Procurement Spend Analytics appeared first on ProcurePort Blog. The post How to Develop Your Procurement Spend Analytics appeared first on ProcurePort Blog. Are these figures readily accessible?

Procurement 130

Procurement 130

ivalua

FEBRUARY 14, 2020

The post Ivalua Procurement Strategy and Analytics appeared first on Ivalua.

Procurement strategies 130

Procurement strategies Strategy Procurement 130

Pipefy

DECEMBER 20, 2023

Procure-to-pay analytics draws meaningful insights and identifies risks, inefficiencies, and opportunities to streamline or optimize P2P workflows for better, more data-driven business decisions. The procure-to-pay process is a complex series of workflows that spans various systems, departments, and operational business units.

Import 52

Import Procurement Real-time Visibility Data 52

Procurement Insights

AUGUST 29, 2023

” Here is the link to the full article: [link] Do you have an example of how predictive analytics is being used in your procurement practice? Through fleet management services, we help our customers to predict breakdowns before they happen so that they can take pre-emptive cost-saving measures that reduce equipment downtime.”

Procurement 52

Procurement Import Data Management 52

Supply Chain Brain

JANUARY 16, 2024

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

Procurement 111

Procurement Inventory Supply chain Supply 111

Zycus Cognitive Procurement

NOVEMBER 30, 2022

But the world of procurement isn’t keeping up. Procurement, as a field has been around for centuries; but it’s never been more important than now. Luckily, there are plenty of tools out there to help procurement professionals make better decisions. Advanced analytics leads the pack. Peter Drucker.

Procurement 52

Procurement Supply Chain Efficiency Negotiation Contract 52

ivalua

JULY 30, 2019

The post Spend Analytics: Key to Procurement Transformation at Cengage appeared first on Ivalua.

Procurement 100

Procurement 100

ivalua

JULY 15, 2019

The post Spend Analytics: Key to Procurement Transformation at Cengage appeared first on Ivalua.

Procurement 100

Procurement 100

SpendHQ

NOVEMBER 7, 2022

The post Spend Analytics = Critical for Procurement-Related EBITDA Impact appeared first on SpendHQ.

Procurement 52

Procurement Management 52

Spend Matters

JULY 17, 2022

We have explored where sustainability fits into the Procurement agenda, and how Procurement can embed sustainability into its processes, which has led to an exploration of how spend analytics can be applied to help an organization fulfil its sustainability goals. Read more. ).

Spend management 71

Spend management Sustainability Procurement strategies Management 71

Jaggaer

OCTOBER 13, 2020

Procurement is often a company’s biggest cost item so the difference between mediocre procurement analytics and outstanding will have a huge impact on your bottom line; it will largely come down to good design. Having advanced analytics that aren’t being used are frankly of no use to anyone. The Beauty is in the Details.

Procurement 52

Procurement Data Export Strategic sourcing 52

Spend Matters

MAY 22, 2023

Categories: Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis , we provide an overview of Ignite Procurement and its solution for spend analytics, supplier management and carbon accounting. We originally covered Ignite Procurement in 2020 only two years after it launched its product.

Suppliers 59

Suppliers Management Procurement Contract management 59

Empowering CPO

NOVEMBER 12, 2020

To answer these questions it is important to summarize and define Procurement Market Intelligence & Analytics Services, it is also important to summarize typical role of a category manager and KPI’s of an ideal Procurement Organization. What is procurement intelligence & analytics? Preparing smart goals.

Category management 52

Category management Cost of ownership Procurement Strategic sourcing 52

SpendHQ

DECEMBER 10, 2021

The post Procurement Spend Analytics: Where Your BI Tool Falls Short appeared first on SpendHQ.

Procurement 52

Procurement 52

Spend Matters

APRIL 29, 2024

Global supply chains are under constant pressure because uncertain geopolitical factors, rising energy costs, highly volatile raw material markets and increasing international competition make global supply chains and procuring goods challenging and unpredictable.

Spend management 105

Spend management Raw materials Management Market analysis 105

RPF360

DECEMBER 29, 2022

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

Procurement 216

Procurement Contract management Contract Sourcing 216

Spend Matters

MARCH 20, 2024

Procurement has not been immune to the latest evolution in technology. At first, these only required more analytical activities to augment human workers, but they eventually evolved from predictive and prescriptive analytics towards more embedded and autonomous analytics that directly help execute the workflows.

Procurement 99

Procurement Contract Sourcing Category management 99

Spend Matters

MARCH 4, 2024

This Spend Matters Vendor Analysis provides an overview of Sievo and its solution for spend and carbon management analytics. Procurement organizations need effective analysis to make informed decisions, identify cost-saving opportunities, manage risks, and measure and improve performance. This content is for members only.

Market analysis 91

Market analysis Management Buyers Procurement 91

ProcurePort

DECEMBER 7, 2023

Efficiency and Accountability Boost: P2P is critical software that automates procurement, reducing mistakes and speeding up decision-making by removing manual inefficiencies.

Real-time Visibility 130

Real-time Visibility Procurement Data 130

CPO Rising

JUNE 26, 2023

Today, we look back at a “Procurement Experts on CPO Rising” series excerpt from an episode of the Procurement Rising Podcast featuring Jim Polak, former Director of General Purchasing at PPG Industries (click to listen to the full interview). Note that this excerpt has been edited for readability.

Procurement 52

Procurement Purchasing Chief Procurement Officer Influencing 52

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. ‘ The major highlights are described below.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

The Supplier Experience

SEPTEMBER 8, 2021

An Interview on Data sharing for Machine Learning and AI – Procurement Analytics with Dave Food. His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation. An Interview on Data sharing for Machine Learning and AI – Procurement Analytics with Dave Food.

Data 40

Data Procurement Logistics Innovation 40

Procurement Leaders

MARCH 25, 2024

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Whatever’s going through your mind, as we kick off our Americas Procurement Congress 2024 in Miami this week, the topics of digitalisation and the ongoing march of AI are front and centre.

Supply Chain Efficiency 189

Supply Chain Efficiency Procurement Data Strategy 189

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

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

Procurement Leaders

DECEMBER 31, 2023

Today marks an inflection point for the world and for procurement. This great reshaping brings with it challenges, but also opportunities – especially for procurement. Procurement Leaders wants to help you on this journey. 2024 focus: Mapping Tier 2 supply chains and risks. 2024 focus: Demystifying the AI procuretech landscape.

Sustainability 130

Sustainability Agile and Lean Supply Chain Supply Chain Efficiency Networking 130

Procurement Templates

NOVEMBER 26, 2023

The Future of Procurement: Navigating the AI Revolution Metaverse? It is undeniable that AI is on the way, but how might it impact procurement? Nevertheless, the contemporary procurement milieu is rife with complexities stemming from market volatility, regulatory demands, and global supply chain intricacies. Machine Learning?

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

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

The Procuretech Podcast

MAY 7, 2024

This week on The Procurement Software Podcast, we delve into the topic of selecting technology in a greenfield procurement role. Host James explores what technology he would invest in if given the opportunity to lead a digital transformation in procurement. What digital procurement tools should you buy first?

Procurement team 40

Procurement team Procurement Import Strategy 40

Spend Matters

MARCH 4, 2024

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and weaknesses of Sievo’s procurement analytics solution. Part 1 of the series provides a history and overview of Sievo’s analytics solution and a company-level SWOT analysis and profiles of competitors. Now, let’s look at the strengths and weaknesses.

Procurement 87

Procurement Management 87

ProcurePort

DECEMBER 14, 2021

Business spend management (BSM) refers to a unified, coherent set of business processes, supported by software that encompasses invoice management, procurement, and expense management. Business spends management addresses all the ways employees spend money within an organization.

Spend management 246

Spend management Management Budget Inventory 246

Spend Matters

MARCH 5, 2024

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Our Spring 2024 SolutionMap results are testimony to how vendors are stepping up to the challenges of a volatile business environment. .”

Procurement 108

Procurement Sourcing Risk management Ethics 108

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

Spend Matters

OCTOBER 19, 2023

In this series of articles, we explain what these vendors offer, why they are likely to become future members of our ‘ 50 Procurement Providers to Watch ‘ and ‘ 50 Procurement Providers to Know ‘ lists and what challenges they may face. Any threats or challenges ahead?

Contract 85

Contract supply chain software solutions Innovation Procurement 85

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Spend Matters

MARCH 12, 2024

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. Visit the site and log in/register to read.

Risk management 79

Risk management Procurement Risk Suppliers 79

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. Types of Technology Transforming Procurement 1.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. Types of Technology Transforming Procurement 1.

Supply Chain Efficiency 52

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