ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Purchasing's value-add is more limited.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Supply Chain Efficiency 58

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.

Supply Chain Optimization 52

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

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

ivalua

OCTOBER 22, 2020

This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices. In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

Real-time Visibility 52

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

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time. Subscribe to news from Arkestro.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 83

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

Empowering CPO

JUNE 20, 2023

Introduction In an era defined by data-driven decision-making, Spend Analysis has emerged as a game-changer, steering businesses towards more strategic, efficient, and cost-effective operations. When applied to Supply Chain Management, Spend Analysis serves as an invaluable tool.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. Their platform is particularly noted for its capabilities in spend data classification, risk and opportunity identification, and supplier data enrichment.

supply chain software solutions 52

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

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. That’s where procurement, sourcing, and purchasing technology comes in. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process.

Agile and Lean Supply Chain 52

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

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality.

Risk 52

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

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Una

APRIL 9, 2024

It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. The opportunity to refinance was a no-brainer; we could do it relatively quickly and it didn’t cost us anything out of pocket. looking for innovative ways to reduce costs for your business.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Procurement Software

FEBRUARY 20, 2024

Apadua Apadua is a professional services sourcing software, based in Cologne, Germany. Founded in 2016, the company is led by two experienced procurement and management experts. It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. Key Data: Founder / CEO: Gregory N.

Supply Chain Efficiency 59

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

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Software

MARCH 11, 2022

through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. On the one hand, suites which cover spend analysis alongside other procure-to-pay or source-to-contract functionality are packaged as part of an all-in-one offering. Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. On the one hand, suites which cover spend analysis alongside other procure-to-pay or source-to-contract functionality are packaged as part of an all-in-one offering. Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Empowering CPO

JUNE 25, 2023

Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

HICX

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. What is Supplier Performance Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 52

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 92

Procurement strategies Innovation Strategy Procurement 92

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. Will robots replace me?”

Supply Chain Efficiency 52

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

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

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

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Zycus Cognitive Procurement

FEBRUARY 2, 2022

One of the most critical aspects of this transformation is the procurement machinery, which needs to be overhauled with innovative technologies that can optimize workflow and reduce costs. The challenge of reducing costs while maintaining quality care. Challenges of traditional procurement practices in healthcare.

Real-time Visibility 40

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

Empowering CPO

MAY 31, 2023

Supplier Risk Management : This component involves identifying potential risks associated with a supplier and taking appropriate steps to mitigate those risks. Risks could be financial, operational, reputational, or related to compliance and regulations. Now, what are the benefits of effective SRM?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52