Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Jaggaer

FEBRUARY 5, 2025

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

TYA Suite

APRIL 13, 2025

You might face delays in approvals, end up placing duplicate orders, or be surprised by unexpected costs. Without a proper system, it becomes harder to track budgets, follow company rules, and manage suppliers. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. 8 Steps to Improve Procurement Efficiency. Get new resources weekly!

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Una

JANUARY 4, 2023

Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

ivalua

MARCH 9, 2023

The Benefits of Source-to-Pay The market for S2P has evolved significantly in recent years, becoming an essential component of procurement strategy for most companies. This process handles the execution of the payment, instructing the bank or payment provider and reconciling that with the invoice, order, etc.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

APRIL 25, 2023

Why are Sourcing Heroes so often time-poor in procurement? Here are some of the factors that cause time constraints in procurement: Increased complexity The globalization of markets and the expansion of the supply chain bring cost benefits, but have also led to an increase in the volume and complexity of procurement activities.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Planergy

JANUARY 19, 2023

Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? 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.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Una

JUNE 22, 2023

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.

Procurement 52

Procurement Purchasing Procurement strategies Procurement team 52

Barkers Procurement

NOVEMBER 15, 2023

Optimising your procurement department When it comes to optimising a procurement department of any size, the strategic alignment of the procurement with the strategic goals of the business is essential. This is a fundamental part of our approach to optimising procurement within any business.

Procurement 52

Procurement supply chain budgeting Business strategy Strategy 52

Planergy

AUGUST 8, 2023

It’s often tedious for many companies, as procurement involves identifying the right supplier and ensuring that goods and services meet organizational needs. Organizations are constantly exploring new procurement methods to create a more strategic procurement strategy and ensure competitive procurement.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Empowering CPO

JUNE 25, 2023

In the context of procurement, spend analysis is like a compass—it helps businesses navigate the complex terrain of their spending habits. In essence, spend analysis turns data into actionable insights, enabling businesses to make procurement a strategic, value-adding function.

Procurement 52

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

Empowering CPO

JUNE 20, 2023

These are often lower-value, infrequent purchases made off-contract, which can escape the radar of traditional procurement strategies due to their seemingly insignificant individual costs. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Supply Chain Efficiency 40

Pipefy

JANUARY 5, 2023

On the one hand, procurement processes refer to tasks such as requisitions, purchasing, and invoice payment. But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. Building blocks of a digital procurement strategy.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

JANUARY 8, 2024

The exciting news is that the obsolescence of the old-school procurement pro has made room for a new type of Sourcing Hero: The Value Creator. The Value Creator knows how to align procurement with business objectives and get the best possible impact from their procurement strategy. Financial Value Show me the money!

supply chain budgeting 52

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

Planergy

DECEMBER 29, 2022

That means working with agile partners, which most standard procurement strategies don’t account for. But what many businesses don’t realize is that the procurement process for marketing services can be just as important as the actual marketing itself. Use PLANERGY to manage purchasing and accounts payable.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Procurement Software

APRIL 23, 2024

-based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending. Ideal for those seeking immediate insights into their procurement processes, Spendata provides a robust yet user-friendly solution that enhances spending visibility and operational efficiency.

supply chain software solutions 52

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

Una

JANUARY 17, 2024

Think of it as a financial strategy that goes beyond immediate gains. It’s about fortifying your budget against future uncertainties, giving you the confidence to plan for the long term. Think of it as a risk mitigation strategy. Consider the value this expertise brings.

Purchasing 52

Purchasing Negotiation Strategic sourcing Strategic sourcing 52

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. An added benefit of this type of software is a no-code visual user interface, which simplifies managing and customizing workflows eliminating the need for any technical or coding knowledge.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. Now, let’s introduce EmpoweringCPO’s spend analysis offerings.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

JULY 29, 2024

Increased accuracy leads to better resource management, cutting duplicate work and unnecessary revisions. Faster turnaround times mean fewer labor hours, and streamlined workflows keep projects within budget. Bots can be trained on supply chain data, learning how to monitor inventory spikes or predict parts starvation.

Data 52

Data Supply Chain Optimization Supply Chain Efficiency Risk 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Pipefy

MAY 23, 2023

If your industry has volatile inclinations or there is a supply chain disruption, a digital contract management tool can monitor and forecast those changes so that you can mitigate possible disasters. Life cycle management. Coupa Coupa is a business spend management platform that allows users to manage expenditures.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52