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The Criticality of Procurement Training in 2023

NLPA (Next Level Purchasing Association)

They all include enhancements of: Spend Management. The underpinning of effective spend management is the capacity to formulate and execute an Annual Buying Plan. Supply Chain Agility and Visibility. Purchasing Training Tidbits. A good buying plan should include the following components.

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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. These modules can be purchased separately or as one complete suite. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application.

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Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders.

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Sourcing promotional products the right way

Claritum

However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. The benefits of purchasing promotional products. Sourcing off catalogue.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. The basics of group purchasing Group purchasing refers to the practice of businesses or organizations coming together to purchase goods or services at a discounted price.

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Managing the Procurement of Promotional Goods and Services

Claritum

The benefits of purchasing promotional products. However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in products and services being purchased across the company with no consistency of supply or quality. Claritum Article - Procurement Blog. Introduction.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?