Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth. What is a purchase order?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

TYA Suite

MAY 3, 2025

Ever confused purchase orders with sales orders? In any business, whether you're buying goods or selling them, it's essential to understand how purchase orders (POs) and sales orders (SOs) work. For example, if a purchase order isnt processed correctly, it could throw off your inventory, leading to stock shortages or overstock.

Purchase orders 40

Purchase orders Purchasing Buyers Quantity 40

TYA Suite

MAY 3, 2025

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

Spend Matters

JANUARY 7, 2025

But cutting back on these costs never feels quite as urgent as purchases tied directly to revenue. Employees are bypassing approvals Rogue spending occurs when employees make purchases without following established approval chains or proper authorization. This leads to redundant purchases, budget overruns and a lack of accountability.

Procurement 119

Procurement Purchasing Vendor relationships Suppliers 119

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

TYA Suite

APRIL 13, 2025

Every business, big or small, relies on purchasing goods and services to keep operations running smoothly. But without a clear system to manage these purchases, things can quickly spiral into A mess delays, overspending, or even errors. What is a Purchase Order Approval Workflow? unauthorized vendors or overspending). :

Purchase orders 40

Purchase orders Purchasing Real-time Visibility Budget 40

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions. Once approved, the business selects a trusted supplier, negotiates terms, and sends a purchase order.

Purchasing 40

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

Supply Chain Dive

APRIL 8, 2025

The retailer acquired properties it previously leased in Georgia and California in a push to own its most productive supply chain facilities.

Purchasing 109

Purchasing Productive Supply Chain Supply chain Supply 109

Spend Matters

MAY 1, 2025

To ensure automation delivers maximum value, procurement teams must first streamline their processes, enforce governance and standardize purchasing behaviors. Integrate procurement with budgeting and contract compliance: Ensure purchases are validated against financial plans and existing contract terms in real-time.

Real-time Visibility 75

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 75

Spend Matters

FEBRUARY 4, 2025

Gather a deep understanding of historical purchasing performance : Identify what worked, what didnt, what part of your process needs clarity, and which part is too rules-driven.

Procurement 105

Procurement Purchasing Negotiation Buying process 105

Spend Matters

JANUARY 8, 2025

Zip is therefore meant to be the place to initiate a purchase or vendor request through a flexible, configurable intake that requires no code to change and to support communication and approvals to ensure that the need is clearly understood and all sign-offs are obtained.

Market analysis 113

Market analysis Procurement team Sourcing Buyers 113

Procurement Tactics

SEPTEMBER 8, 2022

Some referred to it as MRO purchasing which pertains to maintenance, repair, and operations due to its significance to keep the business running. . You may think that this is the same as tactical purchasing. However, it is not true due to the fact that tactical purchasing is focused on short-term transactional activity.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

All Things Supply Chain

MAY 5, 2023

Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.…

Supply chain 246

Supply chain Buyers Price Purchasing 246

ivalua

MAY 30, 2023

By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. With streamlined processes, purchasing products and services becomes faster, cheaper, and more efficient.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

ProcurePort

MARCH 15, 2022

When successfully implemented, the company can gain through lower purchase prices, better relationships with suppliers, agility in logistics, […]. The procurement category management process is the intentional action by a company to divide its procurement spend into segments with related items.

Category management 246

Category management Management Procurement Logistics 246

Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

ProcurePort

JULY 20, 2022

• Strategic sourcing in any organization means the development of a methodology of gathering and using the information in a manner that leverages the purchasing power of an organization to maximize value in procurement. What this means is that strategic sourcing needs to be well thought out. It needs to be in sync with […].

Strategic sourcing 241

Strategic sourcing Strategic sourcing Sourcing Import 241

Procurement Insights

FEBRUARY 21, 2025

Centralized Procurement Request System: Employees submit purchase requests through a unified intake tool , which then routes them to the correct procurement solution (e.g., Ensures Compliance & Spend Control: Enforces procurement rules and policies before purchases are made. sourcing, supplier onboarding, contract approvals).

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Procurement Tactics

AUGUST 25, 2022

Omid Ghamami is one of the most globally recognized thought leaders in the field of purchasing and sales negotiations. Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He is known as “the secret weapon of fortune 500 chief purchasing officers”. .

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Spend Matters

MARCH 25, 2025

Purchase order management, allowing users to assign, update and track POs for AWS Marketplace transactions. Procurement features and capabilities Standardized contract templates that can be reused across multiple transactions. Flexible pricing models, including pay-as-you-go, subscription-based and custom enterprise agreements.

Procurement solutions 97

Procurement solutions Procurement Purchase orders Data 97

Pipefy

MAY 8, 2025

But when it’s disorganizedeverything stalls: emergency purchases, lack of supplies, unhappy suppliers, rework, and of course, wasted money. It helps standardize processes, automate approvals, and enforce smart rules (such as requiring two approvers for purchases over $1,000). AI agents can be introduced even at this early stage.

Procurement 59

Procurement Purchasing Procurement team Purchase orders 59

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? Enroll now!

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

Spend Matters

FEBRUARY 26, 2025

During one breakout session, Gideon Davis (Administrator, Nevada State Purchasing Division of the Department of Administration), Anna Shpigel (Deputy Assistant Secretary, Massachusetts), and Rose Svitak (Manager, MMCAPs Knowledge and Financial Management Team) talked about the importance of aligning procurement and finance.

Procurement 119

Procurement Bidding Contract management Data 119

Procurement Express

MARCH 14, 2025

But keeping track of purchase orders, invoices, and spending can quickly become a headache, especially as your business grows. Instead, it integrates with third-party solutions that enhance your purchasing processes. In this post, we dive into the top purchasing software options. But heres the catch.

Real-time Visibility 52

Real-time Visibility Purchase orders Procurement Budget 52

ivalua

JANUARY 31, 2023

As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Spend Matters

MARCH 10, 2025

By providing deep insights into purchasing patterns, supplier performance and areas for cost reduction, spend analytics can transform raw data into actionable intelligence. In today’s competitive business landscape, procurement departments face constant pressure to optimize costs while maintaining the quality of goods and services.

Buyers 117

Buyers Quality Purchasing Data 117

Spend Matters

FEBRUARY 18, 2025

More concretely, Xavier Olivera , Spend Matters Lead Analyst for Downstream Procurement, once explained that since entering the permacrisis environment of the post-pandemic world, the balance of power in purchasing has shifted : Traditionally, the buyer held the purchasing power. They could squeeze a suppliers profits.

Procurement 87

Procurement Purchasing Suppliers Procurement team 87

Procurement Express

MAY 7, 2025

Understanding the Purpose of Each Tool ProcurementExpress.com is purpose-built for managing purchases before they happen. It provides strong budget enforcement, approval workflows, and purchase order management, ensuring that no spending is unaccounted for before its authorized.

Purchase orders 52

Purchase orders Management Budget Spend management 52

Supply Chain Dive

MAY 7, 2025

The warehousing giant plans to purchase four facilities and build two more for Tyson, which will occupy the new locations as an anchor tenant.

Purchasing 65

Purchasing 65

Spend Matters

MAY 6, 2025

Streamlining purchasing processes to enhance efficiency and reduce administrative delays. Leveraging early payment discounts and dynamic discounting to optimize cash utilization. Reducing the total cost of procurement through supplier negotiations and sourcing strategies.

Supply Chain Optimization 80

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 80

Pipefy

APRIL 22, 2025

In simple terms, it spans the entire process from identifying a purchasing need to final payment. S2P identifies the purchasing need up to the payment to the supplier. Spot Buys Also Get a Major Boost Spot purchases those one-off, last-minute buys are often seen as incompatible with automation.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Procurement Insights

MARCH 27, 2025

Please take a moment to respond to my poll, as I will use the results in an upcoming paper that I will share with the Purchasing & Global Supply Chain Professionals (PGSCP) group on LinkedIn. You can check out the group using the following link: Purchasing & Global Supply Chain Group. The group’s Founder, James E.

Procurement 81

Procurement Quality Leadership Purchasing 81

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 87