Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Tactics

APRIL 20, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. This article will discuss what sustainable procurement and community are.

Sustainability 204

Sustainability Procurement strategies Negotiation Procurement 204

Procurement Tactics

JULY 2, 2023

For today’s article, we will explore everything you need to know about Job Orders, including what it is, their importance, and how to utilize them. When it comes to procurement, a job order is created to initiate and manage the procurement process. What is a Job Order? A clear budget 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Tactics

JANUARY 5, 2023

It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system. For this article, we will discuss what a PunchOut catalog is. Thus, allowing them to grow their businesses. Manage your spending.

Buyers 179

Buyers Purchasing Suppliers Procurement 179

Procurement Tactics

MARCH 29, 2023

In this article, we will discuss what sustainability is. Once you are done reading this article, you will fully grasp what sustainability is and how you can achieve it by being guided by its principles. This is the reason why many businesses and governments are committing to achieving sustainability.

Sustainability 130

Sustainability Supply Chain Efficiency Ethics Cost of ownership 130

Una

JANUARY 9, 2023

Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. Tail spend refers to an organization’s high-volume, low-value transactions that are typically unmanaged by the procurement team.

Management 97

Management Spend management Purchasing Procurement team 97

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

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.

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Insights

MARCH 2, 2024

One Final Question When it comes to IT spend, who is the primary holder of the budget? However, as IT has become central to business results, the scope and allocation of an IT budget has become more complex, because not all IT spending falls within the IT department.” Is it Finance or IT? Maybe the Procurement Department?

Budget 71

Budget Stakeholder engagement Project management Sourcing 71

Spend Matters

JANUARY 16, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.

Procurement solutions 82

Procurement solutions Procurement Spend management Supply Chain Optimization 82

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainability in Specifications — Embracing Sustainability Sustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability.

Sustainability 204

Sustainability Procurement strategies Negotiation Ethics 204

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. Indirect spend and supply diversity. Resources. US Minority Owned Businesses (MBE) firms generate $1.4 trillion of annual gross receipts There are over 8 million minority owned businesses and 7.2 US Minority Owned Businesses (MBE) firms generate $1.4 Introduction.

Supply 32

Supply Agile and Lean Supply Chain Suppliers Supply chain 32

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. However, what is it? What is ESG Procurement?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. Indirect spend and supply diversity. Resources. In the US alone Minority Owned Businesses (MBE) generate $1.4 trillion of annual gross receipts There are over 8 million minority owned businesses in the US and 7.2 In the US alone Minority Owned Businesses (MBE) generate $1.4

Supply 36

Supply Agile and Lean Supply Chain Suppliers Contract 36

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Additionally, we will tell you the skills needed to be a strategic sourcing manager. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Una

SEPTEMBER 20, 2022

How to Adjust to Evolving Technology Costs & Avoid IT Spending Mistakes. IT spending mistakes. According to research firm Gartner , worldwide company spending on IT products, services, and staff is expected to reach $4.5 In a Wall Street Journal article, IT professionals on average self-estimate a 25% waste in IT spending.

Budget 98

Budget Purchasing Collaboration Vendor management 98

Una

NOVEMBER 30, 2022

Going digital also shows real-time value through more accurate spending transparency, better supplier relationship management, and advanced leveraging of data and analytics. . 81% believe more internal support is needed from within their businesses to realize digital transformation fully.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Arkestro

DECEMBER 7, 2023

.  Plug N Play Tech Center Headquarters Sunnyvale, California } December 5-7, 2023 Featured Download Harvard Business Review: How Global Companies Use AI to Prevent Supply Chain Disruptions Download Now Some attendees included: Caroline Cioe Account Executive LinkedIn Edmund Zagorin Chief Strategy Officer & Founder, Arkestro LinkedIn Paul Cloutier (..)

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Innovation Data 52

Una

APRIL 15, 2024

7 Signs of Supplier Financial Instability Explore seven signs of supplier financial instability and learn how to proactively protect your business against risk. In this article, we explore the signs that indicate your supplier might be in financial trouble.

Suppliers 52

Suppliers supply chain budgeting Quality Risk 52

Spend Matters

DECEMBER 6, 2022

Categories: Procurement , Procurement Commentary , Sponsored Article Tags: EU , Sponsored Article ‘Tis the season to build those jolly-good annual budgets and plans while factoring in the uncertainties about inflation, supply chains and resources. So, what difference is needed? Read more. ).

Procurement 86

Procurement supply chain budgeting Supply Chain Optimization Budget 86

Spend Matters

JANUARY 4, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 95

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 95

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. With limited resources, time, and purchasing power, every decision needs to be well-planned and supported by data.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Arkestro

OCTOBER 30, 2023

View resources Some attendees included: Damian Beil Professor and Area Chair, Technology and Operations, University of Michigan - Stephen M. Explore some of our free assets below or reach out to our team to continue your journey.

Innovation 52

Innovation Supply chain Strategy Quality 52

Procurement Templates

MARCH 3, 2024

This involves assessing existing resources, capabilities, and any gaps or deficiencies that need to be addressed through procurement. Budget Analysis : Evaluating the available budget and financial resources is crucial to ensure that the procurement activities align with the organization’s financial capabilities.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Tactics

OCTOBER 6, 2022

RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company? . RFP in Project Management. Know the goal of the project.

Project management 180

Project management Management Bidding Buyers 180

Procurement Tactics

JANUARY 2, 2023

For this article, we will discuss what supplier integration is. Once you are finished reading this article, you will have a deeper knowledge of supplier integration, enabling you to implement it in your profession effectively. Many companies use management tools to foster better communication with their suppliers.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Collaboration 199

Planergy

SEPTEMBER 6, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend.

Budget 52

Budget Real-time Visibility Innovation Data 52

Planergy

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

Risk 52

Risk Real-time Visibility Negotiation Management 52

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

Spend Matters

JANUARY 22, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. The market of sustainability tools is evolving quickly to amplify the collaborative efforts between businesses and suppliers.

Procurement solutions 66

Procurement solutions Procurement Supply Chain Efficiency Sustainability 66

IBM Supply Chain Blog

MARCH 27, 2024

One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. Within USEEIO, goods and services are categorized into 66 spend categories, referred to as commodity classes, based on their common environmental characteristics.

Supply Chain Efficiency 79

Supply Chain Efficiency supply chain software solutions Purchase orders Data 79

IBM Supply Chain Blog

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. Many organizations have spent the past few years investing heavily in the cloud.

Real-time Visibility 67

Real-time Visibility Budget Cost optimization Demand 67

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it? So, without further ado, let us now start!

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Una

DECEMBER 8, 2022

Resources to help: Tips for Building an Effective Procurement Data Strategy. Instead of creating a resolution along the lines of “ eliminating maverick spend ”, how about you hug a maverick instead? Resources to help: 8 Benefits of Reducing Maverick Spend. Building a Business Case for Supplier Diversity.

Procurement 96

Procurement Contract Purchasing Suppliers 96

Spend Matters

DECEMBER 13, 2023

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 85

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 85

Procurement Tactics

MAY 18, 2023

In this article, we will discuss what invoice approvals are. Once you are done reading this article, you will know the significance of invoice approvals in your procurement. Once you are done reading this article, you will know the significance of invoice approvals in your procurement. However, what is it? Why is it Important?

Purchase orders 172

Purchase orders Purchasing Negotiation Procurement strategies 172

Una

JANUARY 1, 2024

Resources to help: How to Improve Procurement Efficiency 5 Essential Technology Solutions for Businesses Tips for Building an Effective Procurement Data Strategy 29 Questions To Ask In A Voice Of Supplier Survey 2. Organizations can combat auto-renewing contracts with IT spend visibility. Second, give Una a call.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52