Procurement Tactics

JUNE 28, 2023

Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget. These include purchase management, expense filing, and workflow automation.

Supply Chain Efficiency 178

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

Planergy

MAY 8, 2025

4] Organizations are not just saving time; theyre also reducing errors, improving approval cycles, and increasing compliance. Dashboards and integrated analytics help identify bottlenecks, reduce costs, and make it easier to flag issues early. 9] Risk mitigation is another driver.

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Planergy

FEBRUARY 24, 2025

Key Steps in the Education Procurement Process Needs Assessment Institutions must thoroughly understand their requirements before making any purchase. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Spend Matters

MAY 20, 2025

What is your budget? Will the new solution need to integrate with any of your current tools or platforms? What coverage area would you like your solution to support? And now, the big question: Do you go with a best-of-breed (BoB) or full-suite solution?

Contract 80

Contract Agile and Lean Supply Chain Sourcing Suppliers 80

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Insights

MAY 10, 2025

His Procurement Insights blog, active since 2007, has over 14,700 followers, and hes authored nearly 3,000 articles, five books, and hosted over 900 episodes of the PI Window on The World Show. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g.,

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

supply chain software solutions 52

supply chain software solutions Risk supply chain budgeting Supply Chain Efficiency 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

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. Procurement was expected to generate one-third of the expected business value; transforming procurement and supply chain was key.

Procurement strategies 113

Procurement strategies Innovation Strategy Procurement 113

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. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Barkers Procurement

MARCH 6, 2024

Challenge Solution Results Social Value Challenge The challenge was to take the maturity assessment and develop a target operating model which embraced and mapped into the regional operating model, whilst still reducing cost and risk throughout the supply chain. access to scarce supplier resources).

Procurement 52

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

Zycus Cognitive Procurement

DECEMBER 16, 2022

The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Cost Reduction. Lack of budget. Developing supply chain resiliency.

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

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

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

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. Companies often struggle to identify cost-saving opportunities, leading to unnecessary expenditure.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Empowering CPO

JULY 17, 2023

Introduction to EmpoweringCPO and How Our Services Fit Into This Landscape EmpoweringCPO is at the forefront of this procurement revolution. We are a dedicated procurement services company that specializes in delivering tailor-made managed procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 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

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. The Need for Outsourcing Procurement Services Managing procurement in-house can pose a host of challenges for businesses.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Empowering CPO

JULY 3, 2023

The Need for Innovation in Procurement The procurement sector, like most business areas, has been undergoing a significant transformation in recent years. As globalization accelerates and supply chains become increasingly complex, procurement’s role has expanded from a mere transactional function to a strategic one.

Innovation 52

Innovation Strategy Procurement Management 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. FRDM’s platform integrates with procurement data to map supplier relationships across multiple tiers automatically.

Real-time Visibility 52

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

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

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. In today’s ever-competitive business landscape, strategic cost reduction has become more than just a desirable goal; it’s a vital necessity for survival and growth.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Procurement Software

JUNE 13, 2023

Penny Penny is a startup based in Saudi Arabia, offering a cloud-based Source-To-Pay solution. It serves the needs of purchasing managers, procurement professionals and senior buyers. It enables users to allocate, manage and monitor budgets. These include SRM, Quick RFQ, Auction Management and e-procurement.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Jaggaer

JULY 18, 2019

A: Cost is a huge factor in determining what technologies and tools your company uses. In fact, our report found that insufficient budget was the single biggest obstacle to moving forward with digital transformation. 35% of respondents said it was their main challenge in modernizing their procurement process.

Procurement 40

Procurement supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency 40

Barkers Procurement

DECEMBER 5, 2024

After a period of significant growth in recent years, Sunbelt had begun to experience a variety of operational challenges in support of their new footprint and scale, including how best to manage its highly complex supply-chain.

supply chain software solutions 52

supply chain software solutions e2e Purchase orders Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

They are, of course, a very well-known name to anyone in the procurement space. Founded by Jason Busch in 2004, they were the first of the major procurement and supply chain blogs. Their focus on procurement software solutions began in earnest in 2014, when they first published the 50 To Know and 50 To Watch lists.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Procurement Software

MARCH 11, 2022

They are, of course, a very well-known name to anyone in the procurement space. Founded by Jason Busch in 2004, they were the first of the major procurement and supply chain blogs. Their focus on procurement software solutions began in earnest in 2014, when they first published the 50 To Know and 50 To Watch lists.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

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. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52