Procurement Tactics

JULY 2, 2023

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. 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

NLPA (Next Level Purchasing Association)

JULY 20, 2023

The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams. Supplier Relationships: Managing spend involves evaluating, selecting, and nurturing relationships with suppliers. This directly contributes to the organization’s bottom line.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

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

Spend Matters

APRIL 4, 2024

Pere Sivecas , Spend Matters Development PM and Software Architect, has compiled a four-part video series that covers the basics you need to know, the first two of which are free while parts three and four require a basic Insider subscription.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

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. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Written by.

Sustainability 52

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

ivalua

MARCH 31, 2020

31 March, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.

Procurement 130

Procurement Procurement team supply chain software solutions Supply chain 130

Claritum

FEBRUARY 14, 2019

Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

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. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Barkers Procurement

JULY 25, 2023

Compliance entails formulating processes for company spend management, following them and enforcing them. By not monitoring how employees, suppliers and other relevant parties are complying with the rules for spend management and with the terms and conditions of agreements, organisations are exposing themselves to a host of risks.

Procurement 52

Procurement Procurement team Spend management Supply Chain Efficiency 52

Barkers Procurement

MARCH 26, 2023

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. It’s essential for there to be clear communication between the top level management of the company and everyone involved in procurement.

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. Establishing Tail Spend Analysis Metrics Companies should establish metrics to measure their progress to ensure they get the most out of their tail spend analysis.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 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. Vendor analysis is crucial for risk management. Quality: Assess the quality of products or services the vendor offers. What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Using effective spend management software can help you keep track of upcoming payments and revise your procurement process.

supply chain budgeting 52

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

ivalua

MARCH 17, 2021

The DATA Act is intended to improve the quality and transparency of the Federal Government’s award data through implementation of government wide spend reporting standards set by the OMB and Department of Treasury. His experience spans various key areas of procurement, supply chain, grants management and government funding.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Pipefy

OCTOBER 25, 2023

In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software. The same percentage reported considered error reduction as a main driver behind their adoption of process automation software.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 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. The goal of these teams is to work with suppliers to identify ways to reduce costs and improve quality.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Pipefy

MAY 23, 2023

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. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Planergy

JANUARY 19, 2023

It has been applied to various topics such as economics, business management, quality control, and mathematics. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 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. SPM can help ensure that your products or services meet the highest possible quality standards. How To Measure Supplier Performance.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Empowering CPO

JUNE 26, 2023

Overview of the Unique Challenges and Complexities of the Healthcare Industry The healthcare industry operates in a dynamic environment, characterized by rapid advancements in medical technology, evolving regulations, and the constant pressure to deliver high-quality patient care while managing costs.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Una

APRIL 25, 2023

While it’s easy to dismiss busy workloads as just part of the job, the consequences of not being able to manage one’s time are very real. Poor time management – or lack of time altogether – can lead to missed deadlines, reduced quality of work, and overworked employees who become disengaged or suffer from burnout.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. By carefully vetting marketing service providers, organizations can save money and improve the quality of their marketing efforts. Invest in Procurement Software.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Una

JANUARY 8, 2024

Value-Creation Maestro Now, imagine investing a bit more in high-quality printers with a longer lifespan. The initial investment pays off not just in the quality of prints but in lower servicing costs and a nod to sustainability. By actively seeking suppliers that bring innovation, quality, and reliability to the table.

supply chain budgeting 52

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

Planergy

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Buyers can provide information about prices, quality, delivery times, and other important factors when purchasing. Use PLANERGY to manage purchasing and accounts payable.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

ivalua

MARCH 31, 2020

REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. About Ivalua.

Procurement team 47

Procurement team Procurement supply chain software solutions Spend management 47

Planergy

OCTOBER 4, 2022

Big data analytics is a process that uses data science with special software and algorithms to help businesses make sense of all this data. This software can partition the data into manageable chunks, which makes it easier to analyze. Data Quality Maintenance. Have a plan for data management. Data Cleansing.

Data 52

Data Import supply chain software solutions Quality 52

Planergy

AUGUST 9, 2022

How better management in AP can give you better flexibility for cash flow management. Fulfillment Inventory Management Supply Chain Management. The key is to search for high-quality providers, which can be a challenge itself. Use PLANERGY to manage purchasing and accounts payable. Written by.

Order Fulfillment 52

Order Fulfillment Inventory Purchasing Suppliers 52

Una

MARCH 6, 2024

This is super handy in industries where workloads can change in a snap, like customer support or software development. Prioritize cybersecurity Make sure that your outsourcing partner has robust cybersecurity measures in place to minimize the chance of a supply chain or back-door attack on your organization.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

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

Planergy

DECEMBER 22, 2022

The data sources and data quality heavily influence the results, and if you’re using alternative data, you may not get the results you’re looking for. Start by keeping closer track of your procurement data across your supply chain. Use PLANERGY to manage purchasing and accounts payable. Download PDF. Book a Live Demo.

Data 52

Data Strategy Sustainability Ethics 52

Planergy

JULY 18, 2023

You can accomplish this by negotiating discounts with the most important suppliers in your supply chain, or finding suppliers who offer better pricing. Regular analysis also helps you find other cost savings opportunities without sacrificing product or service quality.

Import 52

Import supply chain budgeting Inventory Budget 52

Claritum

OCTOBER 3, 2017

Today, Claritum’s cloud based spend management platform streamlines the buying and selling of products and services. Its intuitive and easy-to-use application ensures compliance of best practice while maximizing efficiencies and quality of management information. A Leading Marketing Expert with Vast Experience.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

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

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