Planergy

SEPTEMBER 5, 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.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Una

MAY 2, 2024

But what else can we learn from them? Yes, everyone spends the first few days trying to figure out the paternity of each song or what the metaphors mean. The One Where We Relate Taylor Swift Lyrics to Procurement Love it or hate it, lessons and lyrics alike can be related back to the poetic dance that is procurement and Taylor Swift.

Procurement 52

Procurement Purchasing Supplier relationship management Risk 52

Procurement Tactics

OCTOBER 13, 2022

In this article, we will discuss what a strategic sourcing manager is. Once you are done reading this article, you will know the importance of having a strategic sourcing manager in a company. It organizes the information gathered through the use of solutions to find the best values in the marketplace. Risk management.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Una

DECEMBER 8, 2022

Tips for creating great resolutions. Tapping into a rich vein of qualitative feedback will complement and enhance the insights gathered from your procurement data to help you make targeted, high-impact decisions in the new year. Resources to help: Tips for Building an Effective Procurement Data Strategy. Survey fast and often.

Procurement 96

Procurement Contract Purchasing Suppliers 96

Una

APRIL 9, 2024

Group purchasing creates an opportunity for business leaders to grow in ways that may have been off the table before. Group purchasing works best when optimizing indirect procurement categories as these are often left unmanaged and not part of a company’s more strategic, direct spend amounts. It’s merely one piece of the puzzle.

Purchasing 52

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

Procurement Tactics

MAY 2, 2023

This article will tackle what sustainability means in procurement. Once you are done reading this article, you will have a deeper insight into the specifications which will help you to clearly define your sustainability criteria. Thus, it outweighs all the expenses you spend to achieve sustainability. However, what is it?

Sustainability 204

Sustainability Procurement strategies Negotiation Ethics 204

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Tips for creating great resolutions We’ve all been there: well-meaning resolutions made on December 31st tend to fall apart a few weeks later.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

FEBRUARY 20, 2023

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. By Hugo Britt | February 21, 2023 Search As procurement continues to evolve, practitioners must rely on a variety of strategies to cut costs and drive value.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Una

AUGUST 30, 2022

For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract).

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

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

Una

MARCH 30, 2023

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. By Hugo Britt | March 30, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Spend Matters

DECEMBER 5, 2022

This means a massive effort is needed to assess Scope 3 emissions, i.e., the carbon footprint inherited from all indirect emissions of a company’s value chain. These challenges have prompted Spend Matters to launch a carbon management category for TechMatch. Read more. ).

Management 84

Management Procurement strategies Procurement team Sustainability 84

Una

MARCH 14, 2023

In this time, we can confidently say we’ve come across every personality type in procurement; from number-crunchers to risk-takers, lone-rangers to collaborators, people who are afraid of change to those who embrace it. An intrapreneur is someone who works within an organization to drive innovation and positive change from within.

Procurement 97

Procurement Purchasing Innovation Risk 97

Procurement Tactics

SEPTEMBER 15, 2022

In this article, we will talk about what sustainable purchasing is. Once you are done reading this article, you will have a deeper understanding of why companies are adopting sustainability not just in purchasing but also in the supply chain. Thus, allowing you to gain benefits from having a sustainable supply chain. .

Purchasing 130

Purchasing Sustainability Cost of ownership Supply Chain Efficiency 130

Positive Purchasing

NOVEMBER 9, 2023

You may find yourself not only interrogating the design of your organization’s products and services, but the whole way the organization works, even down to the way your customers use and dispose of what they buy from you. The resulting new reputational high ground can be further leveraged to directly generate incremental value.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Una

MARCH 16, 2023

Pain Points in Procurement Series How to Build Procurement Influence and Why it Matters How to build procurement influence as a way to stay engaged with other business functions, drive value, and achieve more desirable outcomes. It’s Joe from logistics. We just need you to take it from here.” Hi, is that the procurement team?

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

The Thomas Blog

FEBRUARY 13, 2024

This article will explore eight KPIs that can be applied to deliver optimization of lead-generation assessment. This equips organizations to assess how frequently they engage with their target audience in creating opportunities for lead generation. The number of sessions directly impacts the top of the sales funnel.

Management 52

Management Budget Strategy Quality 52

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Defining your goals and objectives will help you create a roadmap for building your procurement function.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

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

Una

MAY 2, 2023

When Should My Small Business Create a Procurement Function? By Hugo Britt | May 2, 2023 Search If you know anyone who is launching a small business – perhaps a family member or former colleague – you could do them a huge favor by explaining why they need to create a procurement function as early as possible.

supply chain software solutions 78

supply chain software solutions Procurement Risk Sourcing 78

Procurement Tactics

JULY 18, 2022

For this article, we will discuss the common procurement definition from each organization. After you finish reading this article, you will be guided by the definition of procurement in your field. Procurement and its process require a substantial portion of the organization’s resources to manage. . ENROLL NOW.

Procurement 130

Procurement Negotiation Vendor relationships Purchasing 130

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

Procurement Insights

OCTOBER 26, 2023

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management. You want the right template, Merlin Assist provides it.

Change management 61

Change management Management Contract Buyers 61

IBM Supply Chain Blog

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. However, organizations have considered slowing cloud spend because of recent economic headwinds. In addition, companies can run up cloud costs because they provision more resources than necessary for their normal business functions.

Real-time Visibility 69

Real-time Visibility Budget Cost optimization Demand 69

Una

JANUARY 17, 2024

The Basics of Group Purchasing Learn how Una can help turn your sourcing function into a hub for value creation for business leaders and procurement professionals alike. By Hugo Britt | January 18, 2024 Search Search Ready to ditch the old-school procurement playbook and dive into the exciting world of value creation? The result?

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Supply Chain Game Changer

NOVEMBER 8, 2022

Work from Home in a Coronavirus World! Remote access is a must when it comes to hybrid work because there is no way for a remote workforce to maintain daily operations without the help of cloud resources. If they can not keep pace with modern solutions and tools, they can not increase their market value and may lose their reputation.

supply chain budgeting 106

supply chain budgeting Networking Supply chain Data 106

Una

APRIL 3, 2024

Procurement's Road to Victory Breaking down ways Sourcing Heroes can establish connections and create value at every juncture on procurement’s road to victory. Procurement's road to victory “Procurement’s job is to add value at every step of the way,” said Mark. How can you show your value? Absolutely.

Real-time Visibility 52

Real-time Visibility Contract Procurement Project management 52

Una

AUGUST 4, 2022

Suffering from a lack of spend data visibility in IT procurement. Why invisible IT spend data is just as scary as a 'Stranger Things' monster. Why invisible IT spend data is just as scary as a 'Stranger Things' monster. Organizations can combat auto-renewing contracts with IT spend visibility.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Consider these courses and resources from NLPA: 14 Procurement Best Practices Intelligent Procurement: How Can AI Expand Value?

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Tactics

JANUARY 12, 2023

However, where does power in negotiation come from? For this article, we will discuss what negotiation is. Once you are done reading this article, you will have a better understanding of where power comes from in negotiation. In this article, we will talk about the formal side of the negotiation. Your BATNA.

Negotiation 189

Negotiation Sourcing Import Strategy 189

Procurement Insights

DECEMBER 8, 2023

The article you are about to read was written in 2008. What are the key takeaways from that earlier success that are still applicable today, and which aren’t and why? Before attempting to answer the above questions, have a read of the original 2008 article below.

supply chain software solutions 71

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 71

Una

MARCH 21, 2023

By Mackenzie Oakley | March 21, 2023 Search A version of this article was originally published for the American Camp Association. This includes delivering savings in multiple indirect spend categories like technology, shipping and freight, JanSan, facilities maintenance, and more. It has been updated for supporting content and clarity.

Purchasing 95

Purchasing Price Contract supply chain budgeting 95

IBM Supply Chain Blog

APRIL 18, 2024

It cannot only pick up a passenger from the airport and navigate unfamiliar roads but also adapt its conversation in real time. AI systems like LaMDA and GPT-3 excel at generating human-quality text, accomplishing specific tasks, translating languages as needed, and creating different kinds of creative content.

Data 90

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 90

Spend Matters

NOVEMBER 6, 2023

From the early days of mechanization and automation to the digital age, technology has continuously improved efficiency and effectiveness in business operations. We will explore the evolution from automation to augmentation, highlighting the benefits of efficiency and effectiveness.

Procurement 111

Procurement Data Collaboration Purchasing 111

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Bertrand Maltaverne looks at Sourcing. In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcing solution do?

Sourcing 81

Sourcing Bidding Price Suppliers 81

Procurement Tactics

JUNE 8, 2023

In this article, we will discuss what warehouse automation means. We will tell you the types and the benefits you can gain from automating your warehouse. After you read this article, you will be able to use automation to effectively streamline your warehouse. 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

NOVEMBER 14, 2022

As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. Far from it. So, we discovered a few things after scouring countless online consulting resources, using hand-me-down dowsing rods, and shaking our professional Magic 8-ball user.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98