The Thomas Blog

APRIL 12, 2024

You can effectively generate high-quality sales leads, increase conversion rates, and drive business growth by incorporating proven strategies and best practices into your strategy. This article will discuss the steps toward generating sales leads including strategies and best practices. What Is Sales Lead Generation?

Strategy 52

Strategy Real-time Visibility Networking Buyers 52

Una

FEBRUARY 22, 2023

How to Use GPOs as a Cost Savings Strategy Discover how procurement leaders can join a GPO and use group purchasing as a cost savings strategy to deliver continued value. By Mackenzie Oakley | February 23, 2023 Search Have you heard the saying “low-hanging fruit” mentioned before in your business meetings?

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Una

DECEMBER 20, 2022

Ask yourself if you’ve noticed any of the following trends in your workplace. Your organization (including the procurement function ) seems to be in a never-ending cycle of transformations. Your organization (including the procurement function ) seems to be in a never-ending cycle of transformations.

Procurement 98

Procurement Project management Procurement team Purchasing 98

Procurify

JULY 21, 2022

Why companies should invest in spend management during a recession. Extending runway, aggressively monitoring costs, and locking down spend are the easiest and quickest ways for organizations to adjust to unexpected downturns. These actions fall into an emerging framework known as spend management. What is our spend policy?

Spend management 52

Spend management Management Budget Purchase orders 52

Planergy

MAY 30, 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. What Is Travel and Expense Management?

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

EazyStock

SEPTEMBER 14, 2022

Since the effects of the Coronavirus pandemic hit businesses across the globe, supply chain digitalization has moved to the top of many boardroom agendas. Many companies have invested in digital business systems, such as modern warehouse management systems (WMS), enterprise resource planning (ERP) systems, and artificial intelligence.

supply chain budgeting 52

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

Empowering CPO

JULY 5, 2023

As we delve into this cutting-edge topic, we’ll uncover how technological innovation is not just revolutionizing procurement processes, but also redefining what managed procurement services can offer businesses in a highly digital era. Understanding Managed Procurement Services What are Managed Procurement Services?

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Supply Chain Trend

DECEMBER 22, 2023

Many which I’ve highlighted over the years in blogs and articles. These principles are a first guide around the WHAT not necessarily the HOW of Intelligent IBP. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Planergy

OCTOBER 25, 2022

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. Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. IN THIS ARTICLE.

Budget 52

Budget Management Project management Import 52

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Game Changer

MARCH 28, 2020

As discussed in our article What is Procurement’s Place in the Value Chain? This has been a long standing view of Procurement and in many cases is how many still view Procurement today. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Claritum

JANUARY 8, 2017

Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supply chain management, tail spend and the future and digitization of procurement.  by.

Procurement 39

Procurement Supply chain management Supply chain management Networking 39

Empowering CPO

JUNE 26, 2023

As a leading procurement services company specializing in spend analysis, EmpoweringCPO understands the vital role that insightful data plays in driving informed decision-making and optimizing procurement processes. That’s why we are dedicated to providing our clients with the most up-to-date insights and expertise in spend analysis.

Real-time Visibility 40

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

Supply Chain Game Changer

APRIL 23, 2019

As discussed in our article What is Procurement’s Place in the Value Chain? This has been a long standing view of Procurement and in many cases is how many still view Procurement today. Email Address. Subscribe to Supply Chain Game Changer. Could the CPO Be Replaced by the Chief Value Officer? Well here’s some news.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Planergy

JANUARY 18, 2024

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.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Pipefy

JANUARY 9, 2024

Have you ever wondered how streamlining just one key process could significantly elevate your company’s performance? In this article, we will dive into seven key areas where the practice of making existing processes faster, more accurate, more efficient, and more reliable can make a tangible difference.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

Procurement Software

FEBRUARY 27, 2024

What are the major differences between running your procurement operations in ERP, S2P suites or a best-of-breed digital procurement tools ? But perhaps you don’t really understand how that impacts your sourcing decision when seeking out the best procurement software for your organisation. And we’ll keep it simple.

Sourcing 52

Sourcing Contract management Price Procurement 52

Planergy

APRIL 19, 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 AP can improve relationships with your key suppliers. Trade payables is related only to inventory related goods.

Purchasing 52

Purchasing Suppliers Contract Risk 52

Pipefy

FEBRUARY 3, 2023

The information listed in invoices helps the accounts payable team keep track of company spending and purchase trends to better predict needs, which in turn improves the purchasing team’s sourcing and strengthens negotiation power.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Planergy

JULY 14, 2022

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. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. More Customers.

Purchasing 52

Purchasing Networking Data 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 feed in some basic details, your NDA gets generated.

Change management 58

Change management Management Contract Buyers 58

Una

JUNE 28, 2022

There are software solutions to help you manage the RFx process, systems that allow you to better manage contracts and suppliers , spend management analytics, compliance and risk management platforms, and more. In the digital age, cybersecurity is more important than ever. Essential technology solutions for businesses. Cybersecurity.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Sourcing 52

Procurement Software

FEBRUARY 20, 2024

Also, don’t miss our articles on Nordic (link), UK (link) and German (link) procuretech startups. It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. Less than 10 years old as a company.

Supply Chain Efficiency 59

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

Procurement Software

MARCH 5, 2024

There are so many, in fact, that we expanded our article to include 25 of them. What started out as a top 10 article quickly became obvious that we needed to cover more! It directs incoming requisitions and queries to the appropriate resources based on specific metrics. US procurement startups are killing it.

Real-time Visibility 52

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

Pipefy

AUGUST 10, 2023

However, these traditional methods provide an incomplete view of an organization’s processes and how they are executed. Process intelligence allows organizations to improve their processes, increasing their operational quality across the board. Business leaders are thus willing to adopt a variety of tools to achieve this goal.

Real-time Visibility 52

Real-time Visibility e2e Data Risk 52

Procurement Software

JUNE 13, 2023

Knowing which solution is suited to your business and level of procurement maturity is a minefield. In this article, we’re going to focus predominantly on the second trend. All of these, as far as our research shows, are agnostic when it comes to the type of spend which can be sourced through the platforms.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

JULY 4, 2023

Digital procurement tools offer buying teams a once-in-a-generation opportunity. But, by eliminating a lot of tactical workload, it can free up valuable resources to concentrate on what moves the needle. But, by eliminating a lot of tactical workload, it can free up valuable resources to concentrate on what moves the needle.

Supply Chain Efficiency 52

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

Jaggaer

SEPTEMBER 29, 2020

At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management? It may have little to do with spend volume.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Eprocurement Supply Chain Efficiency 52

Procurement Software

JULY 18, 2023

If you’re at that stage, then you should take a closer look at how these solutions could drive value to your business. If you’re at that stage, then you should take a closer look at how these solutions could drive value to your business. How do you define an SME? Source-to-Contract (S2C) 1.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Supply Chain Game Changer

JULY 7, 2020

Tell our readers a little about your background and experience? Hence, it is so central to our life that it is worth spending some decades in this industry. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! But supply chain may. Wolfgang Lehmacher.

Leadership 70

Leadership Supply chain Networking Logistics 70

HICX

MARCH 30, 2023

But, although it’s central to marketing, it’s also core to what most people in most functions do every day, just with different levels of formality or sophistication,” he says. These are resource allocation and experience optimization, the latter of which is especially relevant to supplier marketing.

Suppliers 52

Suppliers Procurement team Data Procurement 52

HICX

NOVEMBER 29, 2022

As Adam Brown , Managing Director, Procurement Strategy & Digital Transformation at Maersk , points out in a recent interview with HICX, “The sheer multitude of touchpoints for suppliers when transacting with many large enterprises can create confusion and inefficiencies.”?. How do I get paid? The issue resonates with suppliers.

Suppliers 52

Suppliers e2e Purchase orders Data 52

Claritum

NOVEMBER 18, 2016

Claritum Article - Procurement Blog. Tackling Tail Spend is not a quick and easy challenge. 2 Strategic Spend under Control. 2 Strategic Spend under Control. Your strategic spend is nailed. It’s easier to address than Tail Spend – the spend is larger, with fewer transactions and a few key suppliers.

Bidding 32

Bidding Suppliers Sourcing Quantity 32

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement, in the context of Porter’s modeling, has a very narrow definition as a function: ‘Responsible for the acquisition of inputs, or resources, for the firm.’ Email Address. Subscribe to Supply Chain Game Changer. Infographic).

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

The Procuretech Podcast

APRIL 19, 2022

My guest this week on The Procuretech Pub requires no introduction to anyone who is familiar with the digital procurement space. Dr. Elouise Epstein is Partner at Kearney in San Francisco and author of the book Trade Wars, Pandemics and Chaos: How Digital Procurement Enables Business Success in a Disordered World.

Innovation 52

Innovation Procurement Category management Price 52

Solvoyo

MAY 27, 2019

What is Digital Transformation? IDC: Digital transformation is not to be confused with using digital technologies, however, it does use 3rd platform technologies such as cloud, mobility, Big Data, and social media. Designing Tomorrow). Day 2 companies make high-quality decisions, but they make high-quality decisions slowly.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Planergy

DECEMBER 11, 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.

Leadership 52

Leadership Budget Collaboration Management 52