RPF360

JANUARY 19, 2023

Strategic sourcing managers focus on maximizing the value of vendor relationships. Enabled by RFP software systems and other procurement technology, the growth potential in this role is compelling. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360.

Strategic sourcing 222

Strategic sourcing Strategic sourcing Sourcing Vendor relationships 222

ProcurePort

OCTOBER 17, 2023

Businesses always want to make their procurement processes simpler, choose better vendors, and spend less money. This is where RFx software comes into play. RFx is a tool that helps organizations improve their sourcing efforts. It stands for Request for Information, Request for Proposal, and Request for Quotation.

Procurement 130

Procurement Sourcing 130

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ProcurePort

NOVEMBER 3, 2023

Streamlined procurement, improved supplier relationships, and data-driven decision-making for more efficient and effective sourcing. In today’s digital age, businesses are constantly seeking innovative ways to optimize their procurement processes. Online reverse auctions have emerged as a powerful tool in this regard.

Bidding 130

Bidding Innovation Sourcing Suppliers 130

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 244

Procurement Tactics

JULY 4, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. So, let’s dive in and learn how to reduce procurement costs. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Fines of up to €8 million .

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Procurement Tactics

SEPTEMBER 8, 2022

33 Procurement Interview Questions in 2022. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. Do not worry if you do not know operational procurement as this article will help you understand it. The Definition of Operational Procurement.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

ProcurePort

DECEMBER 1, 2021

Can RFx software really streamline the procurement process? Procurement technologies including RFx software have become such an integral part of enterprise operations that the market value of procurement software is projected to reach $9.6 The short answer? Yes, it can. billion by 2026.

Procurement 130

Procurement Sourcing 130

The Procuretech Podcast

MAY 14, 2024

This week on The Procurement Software Podcast, host James Meads explores different price points for procurement technology applications. James discusses software options costing less than $20,000 to $25,000 per year, those ranging from $25,000 to $75,000 annually, and higher-end solutions. Every one helps! Stay in touch!

Procurement 40

Procurement Budget Supplier relationship management Price 40

ivalua

NOVEMBER 13, 2022

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Ivalua is a leading provider of cloud-based Spend Management software.

Purchasing 246

Purchasing Contract Sourcing Supplier relationship management 246

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Innovation Supply chain 246

ProcurePort

JUNE 13, 2022

ProcurePort was named a Solution Leader in the e-Sourcing and Supplier Management Category in Spend Matters’ Spring 2022 SolutionMap, where it competed with 67 other procurement technology providers. Based on solution-specific scalability, client […]. Based on solution-specific scalability, client […].

Procurement 130

Procurement Sourcing Suppliers Management 130

ProcurePort

MARCH 23, 2022

Efficient software for purchase order management allows procurement teams to cut sourcing and procurement costs, improve vendor relationships, and ultimately the company’s bottom line. But what exactly is purchase order software […].

Purchase orders 130

Purchase orders Purchasing Management Vendor relationships 130

Procurement Tactics

JULY 2, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

The Good Spending

MAY 13, 2024

NHS soon announced that the procurement process for the program would be structured to attract global IT players. BT and Fujitsu chose a US software firm, IDX, to work with, while Accenture and CSC chose a British software company called iSoft. Lorenzo, iSoft's flagship software system, would be "available from early 2004."

Procurement 65

Procurement Contract Stakeholder engagement Negotiation 65

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. Convoy Convoy is a software that connects shippers with carriers.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Procurement Software

APRIL 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

Procurement Software

MAY 14, 2024

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. Procurement is an intricate operation, with many moving parts and stakeholders, each playing a critical role in the harmony of your business operations. But, it’s way more than that.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Procurement Heads

DECEMBER 16, 2022

However, our article ‘What’s Happening in the Procurement Recruitment Market’ states that we are entering volatile and uncertain times – affecting the ease with which companies can recruit the best procurement professionals. Here’s how digital transformation is elevating procurement. billion (£11.8

Procurement 130

Procurement Supply Chain Efficiency supply chain software solutions Procurement team 130

ProcurePort

APRIL 5, 2022

· Contemporary supplier and contract database software promise to streamline how procurement teams approach contracts and sourcing. But how do you know if you should invest in supplier and contract database software? The post 5 Signs You Need Supplier and Contract Database Software appeared first on ProcurePort Blog.

Contract 130

Contract Suppliers Procurement team Collaboration 130

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

ProcurePort

NOVEMBER 30, 2021

The procurement process for hospitals is quite complex compared to other industries with shorter and less regulated supply chains. Hospitals need to pay attention to regulations, prices, logistics, and other variables in their procurement processes. The number of items and services that need sourcing are many too.

supply chain software solutions 130

supply chain software solutions Sourcing Logistics Price 130

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Spend Matters

MAY 22, 2024

Spend Matters is researching the personal viewpoints and the practical application of AI among leaders in the procurement profession. We are welcoming both opinion and real-life use cases from senior procurement and supply practitioners to bring genuine first-hand insights to like-minded procurement professionals.

Procurement 57

Procurement Data supply chain software solutions Contract 57

Procurement Express

MAY 8, 2024

His passion for consumer electronics led him to work in various roles, including purchasing, procurement, logistics, planning, and marketing. Alex recognized the importance of implementing a requisition software like Procurement Express to facilitate communication and ensure a linear approval process.

Supply Chain Optimization 52

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

Procurement Tactics

JUNE 5, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! Global supply chains are networks that can extend across multiple countries and even continents, serving as channels for both supplying and sourcing goods or services. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

The Procuretech Podcast

APRIL 30, 2024

On this episode of The Procurement Software Podcast, host James welcomes back Ward Karson, COO of Raindrop. They discuss how AI applications in source-to-pay technology can be confusing, and how organisations can best navigate the vast array of solutions available. We'll be back at the same time next week, so see you there.

Procurement team 40

Procurement team Budget Sourcing Procurement 40

Procurement Insights

MARCH 2, 2024

While confirming what I have been saying about the commoditization of technology – including provider solutions in the procurement industry, I must admit I was floored by several revelations. A Procurement Perspective In the procurement world, what are the most discussed topics when it comes to technology?

Budget 71

Budget Stakeholder engagement Project management Sourcing 71

ProcurePort

DECEMBER 10, 2019

What Is E-Sourcing? E-sourcing software is essentially a secure, web-based tool created by procurement professionals and entrepreneurs alike to assist procurement businesses around the globe. The post Getting The Most From Your E-Sourcing Software appeared first on ProcurePort Blog.

Sourcing 130

Sourcing Procurement 130

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52