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New Year Insights for the procurement solutions and services marketplace 2024: Coupa

Spend Matters

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know.

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Everything You Need to Know About Procurement Solutions

Pipefy

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. Life cycle management.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

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In Business Since 1982, A Who’s Who Client List In The Food and Beverage Industry, and Real-Time Market Price Coverage and Analysis – Do You Know Me?

Procurement Insights

.” “Or as COUPA Founder and President Dave Stephens, in explaining the company’s “see how it works” tagline emphasized in terms of the vendor’s key differentiator, “COUPA is the only On-Demand procurement solution that’s amazingly easy to use.””

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

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.

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Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Planergy

This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.

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Taking an Advisory Approach to Procurement

Una

By managing the procurement process effectively, you can optimize your supply chain, reduce costs, and maintain strong relationships with your suppliers. Far too often, however, procurement departments are overworked and understaffed.