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Understanding Spend Management Perspectives: CFO, CEO, Procurement Director & Procurement Manager

NLPA (Next Level Purchasing Association)

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. Spend Management is a crucial element in ensuring that we achieve our financial goals.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases.

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From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. The most significant enhancement is the new ‘Coupa supply chain collaboration’ solution.

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Achieving Proactive Spend Management Capabilities Through Adaptive Intelligence (14 Years Later)

Procurement Insights

Originally Posted on August 4, 2009 “Progressive business intelligence in key areas such as Spend Management should not only tell you where you have been but also where you are or where you should be going on an adaptive basis. Specifically, information regarding spend was culled from the static realms of a financial ERP.

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Group Purchasing and Indirect Spend: a Fairy-Tale Romance

Una

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

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How effective Tail Spend Management can drive cost savings

Procurement Software

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.

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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.