Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. As an increasing number of companies prioritize cost containment, the pressure is on for procurement.

supply chain budgeting

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement

IBM Supply Chain Blog

MARCH 14, 2024

According to this recent IDC white paper (link resides outside ibm.com), in the US alone, almost 120 million 5G devices were expected to ship by the end of 2023—a 9.3 % increase over the previous year. Supply dependable connectivity with real-time results, enabling staff to make faster, more informed decisions about patient care.

Networking

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement

NLPA (Next Level Purchasing Association)

JULY 20, 2023

It involves analyzing, planning, and executing activities aimed at maximizing value while minimizing costs. By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. Conclusion: Congratulations!

Management

Jaggaer

MAY 24, 2019

In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. A lack of transparency in the procurement of outsourced services can also lead to a number of other challenges, putting banks at risk for corruption and fraud. .

Risk

The Network Effect

OCTOBER 1, 2014

I was speaking at a large conference about the major impacts of globalization, technology, and supply chain on commerce. While traditional selling methods should not yet be abandoned, it is difficult (if not impossible) to compete if you are not present on a platform where the majority of buyers are spending their budgets.

Price

Claritum

JULY 16, 2019

Better outsourced, so they can focus on automation for their strategic purchases and supply chains. Seeking savings and purchasing efficiencies. This article proposes that Indirect Spend requires a significant and separated level of focus and automation to ensure that the organisation is cost efficient over time.

Procurement

Jaggaer

JANUARY 11, 2019

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. While the impact of these tariffs is not fully clear yet, they are likely to slow economic growth, decreasing companies’ efficiency and profits.

Procurement