Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 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. Not all implementations are the same, however.

Procurement 79

Procurement Risk management Raw materials supply chain software solutions 79

Una

JULY 13, 2023

The Definition of a Sourcing Hero Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, it has become a tradition of sorts for Kelly to ask each guest a question.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Spend Matters

MARCH 5, 2024

Having been heavily involved with this cycle’s SolutionMap, the Spend Matters analyst team noted: “In parallel with the rapid rise in economic- and geopolitical-related risk in 2023, the procurement technology market has accelerated its pace of innovation to keep up with customers’ needs. .”

Procurement 103

Procurement Sourcing Risk management Ethics 103

Zycus Cognitive Procurement

JANUARY 12, 2021

What is Source to contract? Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. How is Source to contract affected during a crisis? How is Source to contract affected during a crisis? 2] Collaborative Sourcing.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Next up is Harald Nitschinger, CEO of risk management solution Prewave.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

World of Procurement blog

APRIL 23, 2024

Spend analysis enables informed decision-making and strategic sourcing. Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Spend analysis enables informed decision-making and strategic sourcing. Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Tactics

OCTOBER 18, 2022

GEP Smart is a complete procurement solution with full spend analysis, sourcing, contract management, supplier management, purchasing, invoice handling, and saving track processes integrated into it. . It provides supplier relationship management tools that are designed to make the source-to-pay workflow easy.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Spend Matters

JANUARY 11, 2023

And, because it built a flexible solution that captures and analyzes a vast amount of sources in many languages, the solution can be used to monitor any topic, not just companies. In addition, its rich API can make it a valuable add-on to procurement solutions that execute other processes.

Risk 66

Risk Data Category management Risk management 66

Barkers Procurement

MARCH 6, 2024

There were no plans to create a central function, and the client’sdevolved operating model carries unique supply chain characteristics, so one size does not fit all with regard tostandard good practice procurement solutions and recommendations. A single lexicon for procurement, understood throughout the business.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency 52

Procurement Tactics

JUNE 28, 2023

Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Spend Matters

JUNE 19, 2023

Why buy an SxM with Enhanced Risk solution Despite that there is no single ‘supply risk management’ solution market (i.e., They can collect and verify more information by being connected to a large number of third-party sources, e.g., governmental institutions.

Risk 64

Risk Risk management Suppliers Supply Chain Optimization 64

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

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 107

Procurement contracts Contract Procurement Negotiation 107

Empowering CPO

JUNE 30, 2023

Introduction In an era where businesses are increasingly seeking efficiency, cost-effectiveness, and agility, the role of procurement has become more critical than ever before. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

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

Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost. However, with time, the function evolved, incorporating strategic elements such as supplier relationship management, risk management, and sustainable sourcing.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Zycus Cognitive Procurement

SEPTEMBER 16, 2022

The theme of the discussion was how supplier risk management is one of the most sought solutions out there. We also discussed how it can be achieved by digitally transforming the sourcing process of an organization by using next-gen procurement solutions. Risk Management.

Procurement 52

Procurement Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 52

Procurement Software

JANUARY 9, 2024

It achieves this by delivering a single source of truth for your supplier data and automating business processes. It includes everything from finance and contract data to compliance, risk, and ESG assessments. It offers features including multi-tier supply chain mapping, risk management and compliance.

supply chain software solutions 52

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

Empowering CPO

JULY 17, 2023

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. Managing Supplier Relationships. Predictive Procurement: Solutions for Health and Pharma.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Software

JUNE 13, 2023

Ask yourself when reading other similar articles whether this is also true of them… 11 of the best eSourcing software for the Mid-Market In putting this together, we deliberately tried to stay away from digital procurement tools in the eSourcing space which are focusing on specific verticals such as manufacturing companies or services spend.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 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). Click to enlarge Contract Lifecycle Management plays a crucial role in organizational risk management.

Contract 83

Contract Management Negotiation Real-time Visibility 83

Supply Chain Game Changer

JANUARY 21, 2021

Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. When looking at risk management, category management, and information sharing, that number is as high as 70% ( Bain & Company 2018 ). Is Procurement drowning in data? Source: PwC 2019.

Data 85

Data Procurement Supply Chain Efficiency Procurement team 85

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Empowering CPO

JULY 17, 2023

Introduction The pivotal role of procurement in businesses cannot be overstated. From sourcing raw materials to securing high-quality services, procurement directly influences a company’s efficiency, productivity, and financial performance.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Strategic sourcing 52

Procurement Software

APRIL 2, 2024

The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Low Cost e-Sourcing Software Let’s look at e-sourcing software first.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

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

Empowering CPO

JULY 17, 2023

By taking on the complexities of procurement, these services allow businesses to focus on their core competencies, while reaping the benefits of optimized supply chains, cost savings, and improved vendor relationships. Without streamlined processes and advanced technologies, internal procurement can be time-consuming and costly.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Spend Matters

JUNE 19, 2023

Supplier information management The ability to manage (collect, enrich, validate) supplier-related information to make it a source of truth that is fed to other processes and solutions that need it. Supplier risk management Capacity to manage supplier risk (identify, assess, mitigate, monitor).

Suppliers 73

Suppliers Collaboration Buyers Supply Chain Optimization 73

Zycus Cognitive Procurement

FEBRUARY 2, 2021

Supplier Risk Management. From a risk management and vaccine distribution point of view, the supply chain will continue to be a CXO priority as we step into 2021. IoT is the current mainstream technology option for risk assessment. Autonomous Procurement and AI.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

Planergy

JANUARY 26, 2023

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. Supplier risk is always there, but using various risk management strategies can help you minimize the impact.

Risk 52

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

Zycus Cognitive Procurement

JULY 29, 2021

How green procurement practices and robust supplier risk management can help organizations build superior brand equity and drive significant business outcomes. Sustainable procurement is the need of the hour. PREREQUISITES FOR SUSTAINABLE PROCUREMENT. It encompasses: Conscious e-Sourcing: .

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52