NLPA (Next Level Purchasing Association)

FEBRUARY 2, 2024

The ever-evolving world of procurement demands agility, efficiency, and a sharp eye for optimization. This article dives into 7 situations where process improvement can revolutionize your procurement team and skyrocket your bottom line. Imagine marketing needing materials urgently, but procurement is stuck waiting on approvals.

Procurement team 52

Procurement team Procurement Collaboration Risk 52

Procurement Tactics

DECEMBER 6, 2022

33 Procurement Interview Questions in 2022. In this article, we will discuss what spend management is. After reading this article, you will gain a deeper understanding of what spend management is. However, these manual processes are ineffective and cost a lot of effort, time, and money. Download Whitepaper →. .

Spend management 172

Spend management Management Real-time Visibility Budget 172

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Dirty little secrets article and permission to publish here provided by Sam Jenks. It’s time to air our dirty laundry. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Una

APRIL 27, 2023

Pain Points in Procurement Series The Consequences of Getting Procurement Involved Too Late Avoid getting procurement involved too late in the purchasing process. Learn how to engage stakeholders early to amplify the value procurement brings to the table. The phone rings at the local fire station.

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

Una

DECEMBER 6, 2022

Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. Every time you purchase through an Una contract, we are paid an administration fee by the supplier. Not only are you not locked in, but your time is also freed up in the process.

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

Planergy

SEPTEMBER 5, 2023

Using financial tools can help save time and resources while improving accuracy in the budgeting process. Budgeting is a vital aspect of financial management that helps businesses allocate resources effectively, control costs, and achieve their financial goals. 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

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

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. One of the reasons the series is so scary is because main characters, for most of the time, cannot actually see monsters like the Demogorgon and the Mind Flayer even though they’ve deduced their existence. Poor value for money. By Hugo Britt | August 4, 2022.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Positive Purchasing

MARCH 18, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability within your supply base, then prioritizing where and how to focus your resources to make the greatest positive impact. how we are closing the “gap”.

Sustainability 52

Sustainability supply chain budgeting Budget Supply 52

Positive Purchasing

MARCH 14, 2024

Jonathan O’Brien, CEO of Positive Purchasing , author, and global procurement thought leader, outlines his effective approach to assessing the current levels of sustainability in your supply chain, then prioritizing where and how to focus your resources to make the greatest positive impact. how we are closing the “gap”).

supply chain budgeting 52

supply chain budgeting Sustainability Agile and Lean Supply Chain Supply chain 52

Una

AUGUST 9, 2023

How to Accelerate Savings in Procurement Without Cutting Corners Strategies showing how to accelerate savings in procurement without compromising product quality, integrity, or effectiveness. Speeding up the procurement process is one way to achieve these goals. Your objective? To reach your destination faster than ever before.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

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. By Hugo Britt | March 16, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Influencing 105

Influencing Procurement Cost of ownership Supplier relationship management 105

NLPA (Next Level Purchasing Association)

FEBRUARY 3, 2022

Correcting poor supplier performance is the other side of rewarding good supplier performance. Some things to keep in mind when taking corrective action include: Schedule your meeting as close as possible to the time that the inferior performance has started. This will minimize the damage from your supplier’s poor performance.

Suppliers 52

Suppliers Collaboration Inventory Contract management 52

Value Match

JANUARY 19, 2023

Their investigation also claims that the farm was “faeces-soaked” and that animals had their legs shackled to prevent them sliding in their poor conditions. This isn’t the first time that a multi-international organisation have had their supply chains investigated.

Supply chain 52

Supply chain Supply Buyers Bidding 52

Procurement Software

MARCH 19, 2024

When you hear the words Generative AI in Procurement, your reaction is probably one of two things: Either you get excited, thinking of all the benefits and time-saving hacks it could offer. We therefore must try to understand what potential impact generative AI could have on procurement organisations.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Software

SEPTEMBER 26, 2023

With ever more technology coming onto the market, we thought it was time to walk through the main differences. If you’re wondering, then we also covered the key differences between source-to-pay and procure-to-pay in a separate article! How is S2C different to Source-to-Pay and Procure-to-Pay? What is Source-to-Contract?

Sourcing 59

Sourcing Contract Competitive bidding Bidding 59

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Una

JULY 28, 2022

Partnering with Procurement to Make Good Things Happen. Partnering with procurement. This is particularly true in terms of the procurement function. Is your procurement team territorial? Is your procurement team territorial? Does your procurement team behave like a snapping saltwater crocodile?

Procurement 98

Procurement supply chain budgeting Procurement team e2e 98

Una

AUGUST 23, 2022

How to Improve Collaboration Between Procurement and IT. The consequences of poor collaboration can be very expensive, particularly in the realm of IT. How to improve collaboration between the procurement and IT functions. to gather some tips about how procurement can collaborate with IT. .

Collaboration 98

Collaboration Procurement Purchasing Data 98

Planergy

JANUARY 18, 2024

Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. Catalog management in procurement is the strategic process of managing and maintaining a product catalog within an organization. How to gain visibility and control of your indirect spend.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Pipefy

JANUARY 9, 2024

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. Request management and how to enhance efficiency and response times through centralized request handling in IT and HR.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

Planergy

SEPTEMBER 6, 2023

Strategic budgeting is a process that combines budgeting with strategic planning, aligning an organization’s financial resources with its long-term objectives. Strategic budgeting is a process that combines budgeting with strategic planning, aligning an organization’s financial resources with its long-term objectives.

Budget 52

Budget Real-time Visibility Innovation Data 52

Procurement Tactics

JULY 11, 2022

33 Procurement Interview Questions in 2022. Procurement Case Studies – 10 Insightful Examples. For this article, we will check ten negotiation and procurement case studies that can give you insight into how to negotiate with the other party. First Name. Download Free PDF. Or receive our famous weekly newsletter.

Negotiation 130

Negotiation Procurement Bidding Ethics 130

Procurement Software

JULY 25, 2023

So, you’re about to embark on a digital procurement transformation in your organization. You’ve read lots of articles, listened to a few of the best procurement podcasts , maybe been to a conference or two , and networked with some of your peers. Are you looking at implementing digital procurement tools because your peers are?

Procurement 52

Procurement Budget Data Suppliers 52

NLPA (Next Level Purchasing Association)

JULY 11, 2022

From lack of visibility of supplier issues to poor supplier performance, the automaker realized that poor supply base management was essentially capping its production performance. Non-conformances can still happen and having a system in place that catches them early, can lower the risk and save a company time and money.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

Planergy

JANUARY 26, 2023

The procurement team must always evaluate environmental risks created by contractors and suppliers. 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.

Risk 52

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

NLPA (Next Level Purchasing Association)

JULY 24, 2021

If the 80-20 rule applies and 20% of your suppliers comprise 80% of your procurement dollars, rate that 20%. The 4-50 rule is a powerful variation of the 80-20 rule that enables procurement departments to laser-focus their competencies, assets, and resources. What performance measurements will you use?

Supply management 52

Supply management Management Supply Suppliers 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Table of Contents What is P2P in Procurement?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

MARCH 11, 2022

Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. Some of the advantages that procurement analytics software can provide. It’s not easy for a procurement manager to do a spend analysis from scratch. It’s shockingly few.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. Some of the advantages that procurement analytics software can provide. It’s not easy for a procurement manager to do a spend analysis from scratch. It’s shockingly few.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Una

JULY 5, 2022

We’re equipped to help our member organizations find comprehensive savings solutions, access a diverse supplier portfolio (with contracts that have built-in price protections), and deliver unparalleled service to ensure business continuity in times of uncertainty. Ensuring business continuity and protecting against inflation.

Purchasing 69

Purchasing Contract Price Supply chain 69

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. Here it is – take some time to look at it and how it flows, then read on.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. What is P2P in Procurement? What is P2P in procurement?

Sourcing 52

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

Procurement Software

APRIL 18, 2023

In this article we will: Explain eAuctions and their benefits. These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. This back and forth is very time-consuming. This involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Planergy

OCTOBER 6, 2022

IN THIS ARTICLE. Hyperautomation can also help to improve decision-making by providing employees with more time to focus on higher-level tasks. Hyperautomation also reduces errors and improves overall processing time. Clients and results. More Customers. Cristian Maradiaga. King Ocean. Book a Live Demo. Download Free Copy.

Import 52

Import supply chain budgeting supply chain software solutions Supply Chain Efficiency 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