ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. The Public Sector is no exception.

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

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

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

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. Climate change is also a massive issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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

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 112

Procurement contracts Contract Procurement Negotiation 112

Empowering CPO

JULY 5, 2023

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 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 94

Procurement strategies Innovation Strategy Procurement 94

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

Spend Matters

JUNE 19, 2023

A Procure-to-Pay (P2P) solution is a combination of the e-procurement and AP Automation/I2P markets spanning the procurement process, including automation of purchase requisitions/orders, receipts, invoices, payments and financing. from sourcing events), the ability to use external content as part of its catalogs (e.g.,

Procurement 78

Procurement Real-time Visibility Purchasing Inventory 78

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 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. E-auction or sourcing software to digitise the RFx process and store the data in one accessible central place.

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. E-auction or sourcing software to digitise the RFx process and store the data in one accessible central place.

supply chain software solutions 52

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

Spend Matters

JUNE 19, 2023

Contract lifecycle management solutions are systems that automate the authoring, negotiation, execution, implementation, monitoring and renewal of B2B contracts (with an emphasis on supplier contracts). For more information on procurement tech, services and vendors consult Spend Matters comprehensive free directory.

Contract 89

Contract Management Negotiation Real-time Visibility 89

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JULY 2, 2023

Understanding Procurement Services Detailed Explanation of Procurement Services Procurement, at its simplest, is the process by which businesses obtain the goods and services they need to function. However, in today’s complex and globalized economy, procurement goes far beyond simple buying.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

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

Procurement Heads

JULY 27, 2022

It is really important that those lessons, the understanding of dual sourcing, low-cost country sourcing and all of the mix of what was talked about a lot 10 years ago is re-understood and the relevant risks mitigated. . Where in the past procurement possibly was seen very heavily as a process.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

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

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

Empowering CPO

JULY 5, 2023

Procurement, which refers to the process of finding, acquiring, and buying goods, services, or works from an external source, often via a tendering or competitive bidding process, plays a critical role in determining a company’s efficiency and profitability. This is where managed procurement services come into the picture.

Management 52

Management Procurement Real-time Visibility Ethics 52

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

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. While the main goal is to reduce costs and improve sourcing, it can also help improve supplier relationships, giving your organization a competitive advantage.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

JANUARY 26, 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. Source what you can from reclamation centers and use recycling whenever possible. Other times, it could be because of bad decisions or poor judgment.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Software

MAY 16, 2023

It requires a fast return on investment (ROI) and the solution must quickly prove its value to the business. Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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

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. On-premise options have high upfront and maintenance costs compared to cloud solutions that use pay-as-you-go subscriptions without any investment.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

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. It achieves this by delivering a single source of truth for your supplier data and automating business processes. Their solution focuses on procurement project collaboration.

supply chain software solutions 52

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

Una

AUGUST 30, 2022

For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Digital procurement game-changers. Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Spend Matters

JUNE 19, 2023

What does a Spend Analytics solution do? Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management. normalizing/enhancing spend data for benchmarking), causal factor analysis (i.e.,

Real-time Visibility 78

Real-time Visibility Data e2e Quality 78

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 analysis is necessary for strategic sourcing. focusing solely on cost reduction, 3.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

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. Tasks, workflows, and business processes that lend themselves well to automation are those that are often built or managed through legacy systems and siloed data sources.

supply chain software solutions 52

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

Procurement Software

JULY 18, 2023

Ask yourself when reading other similar articles whether this is also true of them… The Best 15 Purchasing Software Solutions for SMEs In putting together this list, we were mindful of ensuring that we cover a broad spectrum of requirements. It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications).

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

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. Organisational structure: Take a real fresh look at your organisation. These are often not visible when looking at hard KPIs.

Raw materials 52

Raw materials Import Supplier relationship management Real-time Visibility 52