Empowering CPO

MAY 5, 2023

Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

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

ivalua

JUNE 29, 2022

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

Procurement Software

MAY 16, 2023

It requires a fast return on investment (ROI) and the solution must quickly prove its value to the business. Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. It may feel like P2P suites are the sole preserve of large enterprises with huge budgets.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Zycus Cognitive Procurement

OCTOBER 20, 2022

Cognitive procurement enables business users to achieve organizational excellence by: Improving decision making. Making procurement decisions is a complex task that requires considering a wide range of factors such as price & quality, delivery times, and terms & conditions. appeared first on Zycus Procurement Blog.

Real-time Visibility 59

Real-time Visibility Procurement Procurement team Risk 59

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. Your procured asset records are automatically added to an asset library.

Real-time Visibility 52

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

ivalua

DECEMBER 3, 2021

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

ivalua

NOVEMBER 10, 2020

Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. e Procurement has been part of the technology footprint in many states for decades, to reduce cycle times, streamline processes, and collaborate with suppliers. .

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

Empowering CPO

JULY 5, 2023

In an age where business operations are becoming increasingly digitized, procurement is no exception. Integrating technology into procurement processes is not just about keeping up with the times; it’s about realizing the potential for enhanced efficiency, accuracy, transparency, and strategic decision-making.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. 100% of electronic POs.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Spend Matters

MARCH 25, 2024

Having led multiple projects to select and deploy technologies and worked both as a practitioner and a consultant, he knows the amount of time and effort procurement puts into finding a practical solution to help them run more efficiently, and that spurred his move to form iKinetiq. “A

Procurement contracts 113

Procurement contracts Contract Procurement Negotiation 113

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Lack of pricing compliance .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Efficiency and automation Cloud procurement solutions usually include a dashboard that provides an overall view of the procurement process.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

ivalua

NOVEMBER 10, 2020

Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. eProcurement has been part of the technology footprint in many states for decades, to reduce cycle times, streamline processes, and collaborate with suppliers. .

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Una

AUGUST 30, 2022

Whether you have a P2P, S2C, or SRM focus, there’s little doubt that you are leveraging the data flowing into your systems to optimize business intelligence and ultimately make better decisions based on real evidence. Procurement Automation: 5 Tasks You Should be Automating. Digital enablement in procurement starts with data.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Procurement Insights

OCTOBER 20, 2023

At the time, it was as much whimsy as it was reasonable contemplation. I say reasonable because that was the time when many people started asking the question, “Why can’t buying at work be as easy as it is at home on Amazon? .” ” Comparison Results: Amazon AWS is the clear winner in this comparison. .

Real-time Visibility 66

Real-time Visibility Buyers Eprocurement Procurement 66

Procurement Software

JANUARY 9, 2024

Canopy Canopy is a vendor master data and supplier management platform that aims to provide complete visibility of your suppliers’ information. Additionally, real time communications functionality gives you immediate collaboration on service improvement planning between you and your suppliers.

supply chain software solutions 52

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

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time. with a new CFO, or new budget.

Procurement strategies 95

Procurement strategies Innovation Strategy Procurement 95

Spend Matters

JUNE 19, 2023

what/who is driving the spending by how much), trending/time-phased analysis and drill downs through master data taxonomies, e.g., category and supplier taxonomies. The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems.

Real-time Visibility 79

Real-time Visibility Data e2e Quality 79

Spend Matters

JUNE 19, 2023

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

Procurement 79

Procurement Real-time Visibility Purchasing Inventory 79

Spend Matters

JUNE 19, 2023

They also improve access to contract information and drive more effective and timely purchasing decisions through the re-use of information to create contract terms and notifications of when to take critical actions. For more information on procurement tech, services and vendors consult Spend Matters comprehensive free directory.

Contract 90

Contract Management Negotiation Real-time Visibility 90

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Enter Arkestro, who utilizes Predictive Procurement Orchestration.

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Enter Arkestro, who utilizes Predictive Procurement Orchestration.

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Why now is the time to invest in digital procurement software.

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Why now is the time to invest in digital procurement software.

supply chain software solutions 52

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

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Empowering CPO

JULY 3, 2023

Traditional procurement methods, while effective in the past, are now facing challenges in the face of this changing landscape. These methods often involve manual, time-consuming processes, a lack of transparency in supplier relationships, and difficulty in managing and analyzing large volumes of procurement data.

Innovation 52

Innovation Strategy Procurement Management 52

Bonfire

APRIL 3, 2023

As public procurement partners, we speak to many procurement professionals at public sector agencies, and we frequently hear one common refrain—that they feel imprisoned by their ERP. For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Pipefy

JULY 31, 2023

Business process automation streamlines many time-consuming, labor-intensive, and repetitive tasks typically handled by internal departments like HR, IT, and finance. These solutions can easily store and organize data for back-office processes like accounting, invoicing, and cash flow management. What is back-office automation?

supply chain software solutions 52

supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52

Procurement Heads

JULY 27, 2022

Many buyers who have started their careers in the last 15 years haven’t been exposed to some of the real challenges where the cost of what you buy can rise by 5-10% every year. I think procurement has had a lot of fantastic visibility and opportunity to demonstrate its value in the last few years.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

Zycus Cognitive Procurement

JULY 27, 2021

Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life. Once upon a time in procurement, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on their instinct; after all, instinct is simply the product of years of distilled experience.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

Procurement Software

APRIL 25, 2023

As a function, Procurement is often underestimated or misunderstood by CEOs. Indeed, in the current inflationary environment, it’s procurement that has real power to move both the top and bottom line. Therefore, now is the time for all businesses to embrace the benefits of digital procurement software.

supply chain software solutions 52

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

The Procuretech Podcast

SEPTEMBER 7, 2021

Most large companies don't have good supplier performance data outside of the standard on-time-in-full (OTIF) measurements. These are often not visible when looking at hard KPIs. Lars explains how ERPs are not really built with Procurement in mind and don't offer the opportunity to measure supplier performance.

Raw materials 52

Raw materials Import Supplier relationship management Real-time Visibility 52

Spend Matters

JUNE 19, 2023

visibility, self-service, document exchange, etc.) Top vendors stand out with real-time collaboration and dispute resolution, extensive full access to workflow and business-rule support, and fine-grained workflow permissioning. Exploring the actual market state of the top 5 capabilities 1. with its corresponding access security.

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

Claritum

OCTOBER 3, 2017

As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32