Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. This helps the system to respond more accurately to queries.

Supply Chain Efficiency 83

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 83

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 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

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

Procurement 77

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 77

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

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

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. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. How Pareto Analysis Helps Your Procurement Strategy?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Jaggaer

MAY 12, 2020

Intelligent Procurement. Sourcing automation. Supply-Chain and Invoice automation. Autonomous Procurement. Sourcing Strategy Advisor. ” Most procurement software vendors realized that if they weren’t in AI, they weren’t in the game. Taking the First Steps to Automated Procurement.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 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

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

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. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . The procurement portal’s functionality lets two complex business processes be optimized and streamlined. What is a procurement portal? LEARN MORE.

Procurement 147

Procurement Procurement solutions Competitive bidding Bidding 147

Pipefy

JULY 31, 2023

Emerging technologies like intelligent automation (IA), robotic process automation (RPA), and business process automation (BPA) software lend themselves well to this process, saving organizations precious resources like time, money, and employee focus. Procure-to-pay process This also applies to procure-to-pay processes.

supply chain software solutions 52

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

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

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. Click to enlarge Exploring the actual market state of the top 5 capabilities 1.

Real-time Visibility 76

Real-time Visibility Data e2e Quality 76

Zycus Cognitive Procurement

JULY 29, 2021

PREREQUISITES FOR SUSTAINABLE PROCUREMENT. Sustainability for the procurement function is a multifaceted approach to building a robust, resilient procurement infrastructure. It encompasses: Conscious e-Sourcing: . Humane sourcing is not just a PR exercise. Responsible Contract Management: .

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40