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Spend Management — The Ultimate Guide of 2023

Procurement Tactics

Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. What is Spend Management?

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Strategic Sourcing for SMEs

Una

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. Should smaller organizations stay in their lane and concentrate on day-to-day tactical sourcing?

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

Or receive our famous weekly newsletter. Spend analysis enables businesses to assess procurement spending data from internal and external data sources. The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Download Whitepaper →. .

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Procurement Methods: How To Source and Evaluate The Best Suppliers To Work With

Planergy

How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend.

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Episode 126: Making Procurement Research Actionable with Denis Wolowiecki

Una

EPISODE 126 Making Procurement Research Actionable with Denis Wolowiecki By Kelly Barner | August 2, 2023 According to CAPS Research, two thirds of Chief Procurement Officers and Chief Supply Chain Officers – the top spend management executive in a company – sit two levels below the CEO.

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Managing Tail Spend to Avoid “Porcelain Dalmatians”

Una

When effectively managing tail spend, companies report saving 10 percent or more, which can be a significant addition to the organization’s bottom line. Five steps to setting up a tail spend management process. Have your procurement team collaborate on what categories can be added to tail spend management.

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SAP Spend Connect – See the bigger picture

Spend Matters

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. Supplier evaluation within sourcing and supplier management applications that ingest various ESG and risk feeds from internal S2P data, adjacent SAP apps (e.g.,