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. Continuously optimize the system based on the feedback.

Supply Chain Efficiency 80

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 80

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

Through these services, businesses can leverage the provider’s expertise, technologies, and relationships to enhance the efficiency and effectiveness of their procurement operations. From supplier relationship management to purchasing and payment processing, MPS providers cover a wide spectrum of procurement-related activities.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Empowering CPO

JULY 5, 2023

We believe in the power of strategic sourcing and procurement to drive significant value across organizations. Our offerings, from spend analysis and sourcing support to contract and supplier management, are designed to optimize procurement operations, improve efficiency, and drive cost savings.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 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. million unique suppliers. Read his recommendations in eWorld: first dispatch.

Procurement 74

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 74

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

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. Körber’s purchasing and supply chain management organisation is responsible for all procurement processes.

Agile and Lean Supply Chain 49

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

Planergy

JANUARY 19, 2023

Using ABC Analysis: Class A: These purchases account for 80% of your total cost of purchases for 20% of suppliers. Class B: These purchases account for 15% of the total cost of purchases for 30% of suppliers. Class C: Tail Spend: These purchases account for 5% of your total cost of the purchases for 50% of your suppliers.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 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. 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

Jaggaer

MAY 12, 2020

Supply-Chain and Invoice automation. Autonomous Procurement. Supplier enablement based on AI. ” Most procurement software vendors realized that if they weren’t in AI, they weren’t in the game. Contract compliance automation. Requisition automation. No UI Smart Assistant. Cognitive Automation.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 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

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 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. Benefits of Procurement Portal.

Procurement 147

Procurement Procurement solutions Competitive bidding Bidding 147

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 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

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

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

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 72

Real-time Visibility Data e2e Quality 72

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. Avoiding contract renewals with suppliers who do not meet the required health and safety criteria.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40