Remove Spend management Remove supply chain budgeting Remove supply chain software solutions Remove Sustainability
article thumbnail

Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

Sustainable Procurement Analysis — The Ultimate Guide. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is. Once you finish reading this article, you will gain a deeper knowledge of what sustainable procurement analysis is.

article thumbnail

7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JOB ORDER – Everything You Should Know

Procurement Tactics

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. A clear budget 4. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

article thumbnail

Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52
article thumbnail

Procurement Strategy: Optimizing Your Path to Success

NLPA (Next Level Purchasing Association)

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Are you focused on cost reduction, innovation, sustainability, or a combination? Step 2: Analyze Your Spend : Spend analysis is crucial. This reduced costs and fostered supplier innovation.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.