Procurement Software

MAY 30, 2023

With this, the question of indirect procurement maturity must be tackled. In many businesses – especially manufacturing companies – the focus has historically been on direct spend. This article will tackle 7 fundamental yardsticks to help you quickly assess how mature your indirect procurement team is.

Procurement 52

Procurement Procurement team Purchase orders Contract 52

Planergy

DECEMBER 12, 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.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 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

Planergy

SEPTEMBER 8, 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 Spend management Management Purchasing 52

Una

DECEMBER 6, 2022

If you have meaningful indirect spend in the tens of thousands of dollars, using a GPO will give you access to average savings of up to 22% through the power of group purchasing. Una can also help reduce the risk of maverick spend, poor transparency, and spiralling indirect costs. Access to deep supplier discounts?

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

Una

MARCH 6, 2024

Your Business Guide to Outsourced Procurement A comprehensive guide to outsourced procurement and the benefits of working with a group purchasing organization to save money, time, and effort. Download Full Guide Introduction Everyone outsources. billion by 2027 , growing at a CAGR of 8.8%. Outsourcing is a very broad term.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

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

Planergy

MARCH 2, 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 52

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

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. The following are some of the responsibilities strategic sourcing managers do in their work: Supervise the supply portfolio to ensure transparency of spending. A minor mistake can lead to massive losses in the resources of the company. 33 Procurement Interview Questions in 2022.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Planergy

JANUARY 12, 2023

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. King Ocean.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Planergy

SEPTEMBER 20, 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.

Management 52

Management Real-time Visibility Budget Spend management 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. How to gain visibility and control of your indirect spend.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Planergy

NOVEMBER 18, 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. King Ocean.

Project management 52

Project management Purchasing Suppliers Management 52

Planergy

JULY 27, 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.

Real-time Visibility 52

Real-time Visibility Management Purchasing Budget 52

Planergy

JANUARY 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 to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Una

DECEMBER 20, 2022

How to Bring More Spend Under Management. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Contractual terms.

Management 98

Management Buyers Procurement team Contract 98

Planergy

OCTOBER 4, 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. King Ocean.

Data 52

Data Import supply chain software solutions Quality 52

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. King Ocean.

Budget 52

Budget Management Project management Import 52

Planergy

JANUARY 26, 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.

Risk 52

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

Planergy

JULY 5, 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. King Ocean.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Procurement Tactics

JULY 18, 2022

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. . Procurement usually has a specific budget they can spend to procure the goods or services.

Procurement 130

Procurement Negotiation Vendor relationships Purchasing 130

Una

JULY 19, 2022

Developing a comprehensive procurement strategy ensures there is a vision for the sourcing function in place, helps guide procurement professionals through the decision making process, and clearly defines goals. Technology Vendors & IT Spend Solutions. Episode 53: Accessing Data Insights for Your Technology Spend with Victor Hou.

Procurement strategies 98

Procurement strategies Strategy Procurement Supplier relationship management 98

Planergy

FEBRUARY 9, 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.

Purchasing 52

Purchasing Purchase orders Management Budget 52

ivalua

JUNE 7, 2021

Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability. Guide, rather than prescribe. But they are also the most exciting as they have the potential to actually turn your spend and suppliers into a source of competitive advantage.

Strategy 130

Strategy Procurement Collaboration Innovation 130

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. . Educational resources to start digital transformation in procurement. Get new resources weekly! Attracting a different kind of procurement talent.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Value Match

DECEMBER 8, 2022

Best Practice Guides. Resourcing. Training Resources. The UK Government spends £300 million a year through their procurement function and the procurement bill makes no references to climate or environmental factors. Categories. Bid Management. Case Study. Circular Economy. Community Story. Contract for Change.

Bidding 52

Bidding Risk Procurement strategies Procurement 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. Use audit findings to guide supplier development efforts and foster continuous improvement.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 23, 2023

This is where the concept of spend analysis comes in. Spend analysis is a systematic process that involves the collection, cleansing, classification, and analysis of expenditure data with the goal of decreasing procurement costs, improving efficiency, and monitoring compliance.

Data 52

Data Procurement Purchase orders Suppliers 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. There’s a perfectly logical reason that organisations go after the more “sexy” areas of spend. These are the spend categories that they typically understand best.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. There’s a perfectly logical reason that organisations go after the more “sexy” areas of spend. These are the spend categories that they typically understand best.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Una

AUGUST 9, 2022

Demand was falling not only because people under lockdown were not permitted to go out and spend their money, but because Americans were also cutting spending due to the concern about the possibility of a looming recession. Get new resources weekly! Una can help achieve cost reduction in procurement. Contact us to learn more.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Claritum

OCTOBER 21, 2019

To help guide your search, we’ve compiled important considerations and questions, relating specifically to addressing automation of Indirect Procurement. Indirect spend can be complex for an organisation to manage, because it covers many categories of spend and many purchases are unique in nature.

Eprocurement 32

Eprocurement Suppliers Data Procurement 32

Procurement Software

APRIL 18, 2023

eAuctions typically achieve an average 15 – 20% saving on spend. This not only saves time and human resources. SMART goals are a great way to structure this: Specific Measurable Achievable Relevant Time-Bound An example SMART goal could be: Increase use of eAuctions across procurement direct spend to 40% by end of Q4 2023 4.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Game Changer

SEPTEMBER 11, 2022

Small Business Cost Cutting: A Short Guide! However, we understand that not every business owner has the time and resources to invest in an extensive certification; therefore, we have compiled a list of four tips for effectively managing your finances as a small business owner. Subscribe Here! Email Address. Understand your cash flow.

Management 89

Management supply chain budgeting Supply Chain Optimization Inventory 89

Supply Chain Game Changer

APRIL 19, 2022

My expertise now spans to various products and services (both indirect and direct spend) such as IT (hardware and software), Professional Services, Mechanical components, raw materials, and related Outsourcing. Chief Supply Chain Officers Must Adopt Resource Conservation Strategies to Mitigate Inflation and Supply Shortages.

Leadership 85

Leadership Raw materials supply chain software solutions Strategic sourcing 85

Empowering CPO

JULY 2, 2023

These functions work in harmony to achieve a central goal: delivering maximum value from a company’s spending. It plays a vital role in ensuring smooth operational continuity by securing the required resources and managing the supply chain effectively.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Within this domain, spend analysis plays a pivotal role in enabling informed decision-making and optimizing procurement processes.

Real-time Visibility 40

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