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 Direct Materials Sourcing solutions. Pricing guidance is based on differentials between prices in bids and historical/current prices.

Sourcing 75

Sourcing Bidding Price Suppliers 75

World of Procurement blog

JULY 28, 2021

In this article, Sharon Croome breakdown a simple step-by-step guide to Supplier Relationship Management in the Supply Chain. It is having some challenging impacts on our procurement and supply chain professionals too. The disruptions to the entire global supply chain are far too complex to cover in this article.

Supplier relationship management 52

Supplier relationship management Suppliers Management Supply Chain Optimization 52

Claritum

AUGUST 4, 2020

Read the article at claritum.com. Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. resource within the business. the procurement function. the procurement function.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Planergy

DECEMBER 12, 2023

Even using last year’s data to support the current year for your current budget may lead you astray without close monitoring, as factors change over time. It’s a strategic tool that maps out the allocation of resources over a specified period, typically a school year.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

Claritum

MAY 2, 2019

Claritum Article - Procurement Blog. Key transactional areas of Procurement. Strategic focus areas of Procurement. If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? 2 Key transactional areas of procurement. Introduction. 1 Introduction.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. Diagnostic analytics: Diagnostic analytics focuses on understanding the underlying causes of issues or trends in past and current data.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

Planergy

JANUARY 26, 2023

The procurement team must always evaluate environmental risks created by contractors and suppliers. Environmental risks cover any negative impact on the air, soil, or water due to emissions, discharge, and other kinds of waste. Supplier risk is always there, but using various risk management strategies can help you minimize the impact.

Risk 52

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

Supply Chain Game Changer

FEBRUARY 27, 2019

Article originally published by, and permission to publish here provided by, Katherine Barrios at xeneta.com. Understanding the top 10 global supply chain risks can work to reduce their impact. on a scale of 1-10 regarding its concern for the impact on global trade. Extreme Weather Events. Create a backup data resource.

Risk 57

Risk supply chain software solutions Supply Chain Efficiency Supply chain 57

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Una

SEPTEMBER 8, 2022

The Challenging State of Procurement & Supply Chain. After a nearly two-year hiatus, conferences and in-person events are starting to take place in the procurement and supply chain industries. At the same time, procurement and supply chain folks are dealing with a very unique set of circumstances impacting the industries.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain software solutions Supply chain Procurement 98

Una

SEPTEMBER 21, 2023

Cost Savings vs. Cost Avoidance in Procurement Understand cost savings vs. cost avoidance in procurement and how each distinctly impacts an organization’s approach to cost management. Procurement professionals work closely with suppliers to secure better pricing terms, discounts, and favorable contract terms.

Competitive bidding 52

Competitive bidding Ethics Supply Chain Optimization Strategy 52

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. This 1914 philosophical article defines value as the object of proper judgment. Value is paramount to procurement evolution. How easier does it make the explanation of value?

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. By digitizing and automating the accounts payable process (and larger procure-to-pay process), invoice processing becomes faster, more accurate, more efficient, and more secure.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Pipefy

AUGUST 10, 2023

Process mining monitors the current condition of processes rather than their ideal state. Important factors in process modeling include a workflow’s activities and events, including timelines. They use task mining to analyze processes, including their impact on business outcomes, complexity and frequency.

Real-time Visibility 52

Real-time Visibility e2e Data Risk 52

SCMDOJO

MARCH 19, 2024

Remember, you should not overlook the importance of improving supply chain visibility, especially considering that the financial impacts of poor supply chain visibility are also substantial. It can also help improve the reach and performance of your content marketing efforts.

Supply Chain Visibility 76

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 76

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. In one of the old article of SCMDOJO “ What is Supply Chain Management ? other relevant topics in particular.

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

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

Claritum

MARCH 22, 2021

Essentially, the use of a cloud based system, where all the stake holders have access, improves efficiencies and means more work can be done using less time and resources. Impact on IT costs. Ultimately, that leads to lower operational costs and ensures your business remains profitable. Improved customer relationship management (CRM).

Supply Chain Efficiency 41

Supply Chain Efficiency supply chain software solutions supply chain budgeting Inventory 41

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. Introduction.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90