Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. There are various tools and software that provide a template to create a job order document.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Planergy

JANUARY 26, 2023

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.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

ivalua

OCTOBER 24, 2021

The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. in 2022*, the financial friction that arises from such transactions weakens links in the supply chain. With global trade volumes expected to grow by 4.7% About Ivalua.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. Of all these emissions, 2/3 of them usually come from the upstream supply chain.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Jaggaer

MAY 7, 2019

Procurement teams, therefore, have a vital role to play. They will need to be able to work in close collaboration with internal and external auditors as well as the compliance and risk teams. How Choosing the Right Spend Management Solution Can Help. Download it here now. About the Author.

Supply Chain Efficiency 75

Supply Chain Efficiency Procurement Chief Procurement Officer Spend management 75

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. This means bringing the right people — including procurement — to the strategy table.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Barkers Procurement

JULY 25, 2023

Why procurement compliance is crucial Complying with rules when contracting service providers and when approving purchases is an essential part of procurement. Compliance entails formulating processes for company spend management, following them and enforcing them.

Procurement 52

Procurement Procurement team Spend management Supply Chain Efficiency 52

Procurify

JULY 20, 2022

If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. Before, purchasing managers often prioritized spend management. Written by: Procurify.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Barkers Procurement

MARCH 26, 2023

Procurement understands the corporate strategy and supports it Procurement looks at the company’s objectives and at how it can support them. You’re likely keen to cut costs, and a look at spending across the supply chain is one obvious way to do it, which can lead to significant savings.

Procurement 52

Procurement Purchase orders Supply Chain Efficiency supply chain software solutions 52

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

supply chain budgeting 52

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

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Conduct regular audits to ensure compliance with procurement policies and procedures.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Pipefy

MAY 23, 2023

Here’s what that involves: Find the right procurement tool for your organization. However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Procurement 154

Procurement Procurement team Supply Chain Efficiency Business strategy 154

Procurement Software

NOVEMBER 21, 2022

In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. Typically, this is the CFO.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

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

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. She goes one step further and says that Procurement and Finance definitely see each other, but don’t necessarily understand one another. In an ideal world, the Chief Procurement Officer should report directly to the CEO.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Una

JANUARY 8, 2024

Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan. The value here isn't just held in the initial cost but in the total cost of ownership, environmental impact, and overall efficiency. Cut to a year later, and your team is groaning about uncomfortable chairs and wobbly desks.

supply chain budgeting 52

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

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts!

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Procurement’s relationship with Finance often hits the rocks when we see inflexible, rigid definitions of what they would typically acknowledge as “savings”. These often rely on procurement professionals’ negotiation skills to avoid costs that otherwise would hit the company’s budget. Procurement as a growth partner to the business.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Procurement’s relationship with Finance often hits the rocks when we see inflexible, rigid definitions of what they would typically acknowledge as “savings”. These often rely on procurement professionals’ negotiation skills to avoid costs that otherwise would hit the company’s budget. Procurement as a growth partner to the business.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Planergy

DECEMBER 29, 2022

Marketing procurement focuses on bringing in sales, where standard procurement focuses on things needed to keep the business running. Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. What is Marketing Procurement?

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. This can be done by being transparent and honest with suppliers, as well as by sharing information and ideas freely.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Una

MARCH 6, 2024

Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. This is super handy in industries where workloads can change in a snap, like customer support or software development. billion by 2027 , growing at a CAGR of 8.8%.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

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

Planergy

SEPTEMBER 8, 2022

Furthermore, regular assessment of supplier performance can help you identify potential supply chain risks early on so that they can be remedied before they cause major problems. Data from your procure-to-pay software like PLANERGY can help you ensure orders are accurately invoiced and received.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 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

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Apadua Apadua is a professional services sourcing software, based in Cologne, Germany.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. 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

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

Procurement Software

JULY 4, 2023

Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. It aims to make the procurement process more efficient, transparent, and cost-effective. What is procurement tech? What technologies power digital procurement tools?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Barkers Procurement

JUNE 21, 2023

The concept of an overarching Business Spend Management platform (BSM) is a relatively new and compelling concept, championed by our partners at Coupa, and is just as strategically important as your ERP, MRP or CRM systems. And increased self-serve processes reduces time spent on tactical aspects of managing contracts.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Zycus Cognitive Procurement

JANUARY 31, 2023

Supplier relationship management helps to break down suppliers into categories and develop strategies for managing them in the most efficient way possible. 5 Benefits of Effective Supplier Relationship Management Companies with advanced supplier relationship management capabilities tend to outperform their peers.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40