Una

AUGUST 17, 2022

The figure’s head represents the top 1% of strategic suppliers to your organization. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Is it worth it?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Supply Chain Game Changer

JUNE 30, 2022

The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. Consolidation. Supplier consolidation is a major player in supply chain strategy. Visibility. Conclusion.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

Empowering CPO

JUNE 26, 2023

In the following sections of this guide, we will provide in-depth analysis, real-world examples, and actionable recommendations to empower healthcare organizations in their journey towards optimizing costs and improving patient care through effective spend analysis. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

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

Empowering CPO

JUNE 20, 2023

At the heart of our services is the promise of ‘Empowering Chief Procurement Officers’ We understand the challenges that CPOs face in driving cost savings, ensuring supplier performance, and managing procurement risks. Similarly, supplier relationship management (SRM) strategies can be enhanced by tail spend analysis.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Empowering CPO

JUNE 20, 2023

It can help identify patterns of maverick spend, areas of unmanaged spend, and potential supplier consolidation opportunities. Moreover, it provides a baseline for measuring the success of procurement initiatives, offering a clear benchmark to track performance improvements over time.

Real-time Visibility 40

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

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. Tail spend analysis helps companies identify areas of spend that are falling through the cracks and gain visibility into their overall spending. Tail spend is often unmanaged spend because it’s spread out across multiple departments and suppliers.

supply chain budgeting 52

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. Supplier Management. There have been no efforts at supplier consolidation or performance management.

Strategy 68

Strategy Management Real-time Visibility e2e 68