Una

DECEMBER 6, 2022

8 No-Brainer Reasons to Join a Group Purchasing Organization. 8 Reasons to join a group purchasing organization. We may be biased, but we’d like to add one more important no-brainer to this list: joining a group purchasing organization (GPO). When you join a group purchasing organization, you look like a sourcing hero.

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

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. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. 2) Uncontrolled purchases.

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. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. 2) Uncontrolled purchases.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurify

JULY 20, 2022

If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . Technological advancements are also rapidly changing the responsibilities of purchasing managers. . Now is a crucial time to re-evaluate the importance of purchasing in the overall organization strategy. Lack of visibility.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Planergy

JULY 14, 2023

How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Do P-Cards Work? What Are P-Cards? How Do P-Cards Work?

Purchasing 52

Purchasing Purchase orders Strategic sourcing Strategic sourcing 52

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Furthermore, it provides a budget management dashboard and overall reporting.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

ivalua

AUGUST 17, 2022

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.

Sourcing 130

Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

By leveraging data analytics, procurement teams can identify areas for cost savings, such as negotiating better contracts with existing suppliers or consolidating purchases to leverage economies of scale. Strategic Sourcing: Develop a strategic sourcing strategy for each defined category.

Category management 52

Category management Management Procurement Supplier relationship management 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years.

Procurement 246

Procurement Strategy Strategic sourcing Strategic sourcing 246

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 76

Procurement solutions Procurement Spend management Supply Chain Optimization 76

Una

NOVEMBER 16, 2022

We’ve put together a quick reference guide that defines the concepts, explores the pros and cons of both options, and shows how a group purchasing organization (GPO) can help implement the best strategy for your business. Centralized procurement means that all goods and services for the company are purchased at the headquarters level.

Procurement 98

Procurement Purchasing Procurement team Supplier negotiation 98

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Una

JANUARY 17, 2024

The Basics of Group Purchasing Learn how Una can help turn your sourcing function into a hub for value creation for business leaders and procurement professionals alike. The power of group purchasing Let’s kick things off with the bottom line – savings. They are the catalysts for a procurement value revolution.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

ivalua

DECEMBER 1, 2022

This is precisely where organizations see the benefits of a TPRM program built into or working seamlessly with a Strategic Sourcing or Source-to-Pay solution. We could also add Seamless Integration across all Source-to-Pay processes to this list. Figure 2: Critical Risk Factors for Services Organizations.

Risk management 130

Risk management Risk Management Contract 130

Una

OCTOBER 17, 2023

Thankfully, there is an opportunity for all businesses to implement a sourcing solution that encompasses all of these characteristics, while working cohesively with other procurement strategies.

supply chain budgeting 81

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

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

Strategically measure purchasing performance Strategic measurement of purchasing performance is critical for any procurement department to succeed. This involves developing key performance indicators (KPIs) to measure performance and using data analytics to analyze purchasing data and identify areas for improvement.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 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 to report and analyze indirect spend to identify savings opportunities. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Planergy

SEPTEMBER 5, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Planergy

MARCH 2, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

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

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing.

Sourcing 130

Sourcing Procurement Leadership Suppliers 130

Una

DECEMBER 20, 2022

Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. A strategic sourcing strategy is key to ensuring vendors with the potential to deliver the most value. Proper purchase authorization. for corporate travel). Coding systems.

Management 98

Management Buyers Procurement team Contract 98

ivalua

APRIL 2, 2019

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company has corporate offices in Houston, Texas, with offices in Brazil, Luxembourg and Nigeria.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. These modules can be purchased separately or as one complete suite.

Real-time Visibility 52

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

Una

JANUARY 1, 2024

Hug a maverick Instead of creating a resolution along the lines of “ eliminating maverick spend ”, how about you hug a maverick instead? Identify your serial mavericks – those who consistently purchase without following procurement policy – and approach them for a chat.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Planergy

AUGUST 8, 2023

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Because of this, RFQs are most commonly used when purchasing standard products or raw materials that don’t need customization.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

JULY 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Management 52

Management Procurement supply chain budgeting Budget 52

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

ProcurePort

MAY 27, 2020

Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team. The post Your 5-Step Procurement Spend Analysis Template appeared first on ProcurePort Blog.

Procurement 254

Procurement Procurement team Purchasing Management 254

Procurement Software

MARCH 28, 2023

But how much of this is sourceable spend? And how much of what your organisation purchases is actually spend that’s addressable, or currently being actively managed? I’m going to explain everything and help you to get to grips with the different types of spend in your organisation.

Contract 52

Contract Purchasing Procurement team Purchase orders 52

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. The real hero understands that the story doesn’t end with the purchase.

supply chain budgeting 52

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

The Good Spending

APRIL 3, 2022

Procurement largely relies on category management in its constant endeavor to transform transactional purchasing into a value-creation machine. This post analyzes what makes genuine category managers and " separate future physicians from those who wanna play doctor."

Category management 52

Category management Demand Management Procurement 52

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Developing and executing category strategies is critical to effective strategic sourcing.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Empowering CPO

JUNE 27, 2023

So, how does spend analysis work? This includes all expenditure data from different sources across an organization, such as invoices, purchase orders, and credit card transactions. Spend analysis can contribute to business growth in several ways: Cost Savings: Spend analysis helps identify areas where a company can save money.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Planergy

SEPTEMBER 8, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Budget 52

Budget Spend management Management Purchasing 52

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. Most surprisingly, in recently released research by Economist Impact sponsored by SAP, we have seen a dramatic shift in the market in terms of the need for better spend analysis capability.

Procurement 97

Procurement Supply Chain Efficiency Category management e2e 97

Empowering CPO

DECEMBER 2, 2020

Spot Buying is for immediate, Ad-Hoc & one-off purchases. It’s estimated that around 40% of company’s indirect spend is from spot buy. As a result, in most of the companies this spend is often under managed as it demands more efforts and the rewards are low. to meet the buyer’s need.

Management 52

Management Strategic sourcing Strategic sourcing Buyers 52