Procurement Templates

MARCH 3, 2024

She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right. Check out my other page on s trategic sourcing A procurement assessment of needs is a systematic evaluation conducted by organizations to determine their requirements for goods, services, or works.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Templates

NOVEMBER 11, 2022

For example, for our electric fleet vehicles the emissions from the generation of the electricity they’re powered by would fall into this category. Procurement Policy Note – Taking Account of Carbon Reduction Plans in the procurement of major government contracts Action Note PPN 06/21 05/06/2021 Issue. Scope 3 emissions.

Procurement 130

Procurement Bidding Contract Suppliers 130

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

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 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Xavier Olivera looks at E-Procurement. In this article, our analyst Xavier Olivera looks at E-Procurement. What does an E-Procurement solution do?

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Barkers Procurement

JANUARY 16, 2023

Barkers carried out a thorough audit of the procurement department and identified multiple areas for improvement validating ECFRS’ view that a major change was required in the way in which the procurement team operated. Upskill the new category management team. Category plans, toolkit and dashboard reporting in place.

Category management 52

Category management Procurement Contract management Procurement team 52

Empowering CPO

JUNE 21, 2023

Introduction Spend analysis, at its most basic, is a process that involves the collection, cleansing, classification, and analysis of expenditure data, with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. The importance of spend analysis in procurement and financial management cannot be overstated.

Purchase orders 52

Purchase orders Data Purchasing Suppliers 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Xavier Olivera looks at Procure-to-Pay solutions. In this article, our analyst Xavier Olivera looks at Procure-to-Pay solutions.

Procurement 79

Procurement Real-time Visibility Purchasing Inventory 79

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of the procurement technologies in the market today and whether they meet user demands. Top 4 carbon management technology capabilities What’s the state of different procurement technologies in the market today and do they meet user demands? meaning that users have actionable details.

Management 80

Management Bill of materials Quantity Influencing 80

NLPA (Next Level Purchasing Association)

JANUARY 10, 2024

And at the heart of this green revolution lies a powerful tool: green procurement. But for many, particularly newcomers to the procurement world, navigating the labyrinth of green product options and certifications can feel daunting. Fear not, eco-warriors! Imagine cutting your energy costs while safeguarding the environment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Sustainability Supply Chain Optimization 52

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 89

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

If Procurement can impact everything from customer satisfaction and product & service quality to cash flows and profitability – shouldn’t it be on top of every team’s 2023 training list? Consequently, Procurement professionals have a formidable task, starting with the 2023 fiscal year.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

Value Match

SEPTEMBER 19, 2023

As I started off with limited knowledge about the purpose and requirements of a CRP, I began by expanding my knowledge through exploring the government guidance as outlined in Procurement Policy Note (PPN) 06/21. Carbon reduction plans are becoming increasingly important for businesses in the procurement of major government contracts.

Sustainability 52

Sustainability Contract Bidding Procurement strategies 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Direct Materials Sourcing tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Sourcing 75

Sourcing Bidding Price Suppliers 75

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. This includes the procurement of materials, where they come from, and the conditions in which they were produced.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Planergy

DECEMBER 29, 2022

Marketing Procurement: Challenges and Best Practices. Best Practices & Tips Category Management Procurement. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Marketing category spend may include things like: Market research and benchmarking.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. As you gain experience in procurement, purchasing, or supply chain management, delve deeper into specific areas of SCM and logistics that interest you. Recommended Reading: Qualified to Handle Your Company’s Logistics?

Supply Chain Efficiency 52

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

Arkestro

OCTOBER 16, 2022

Arkestro, the leading predictive procurement orchestration platform, has caught the eye of the Spend Matters analyst team as an up-and-coming player they think their practitioner readers and members should get to know. . Arkestro was also chosen in Spend Matters’ 50 Procurement Providers to Watch for 2021. .

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 52

Spend Matters

MAY 24, 2023

Categories: risk-compliance-management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Prevalent and its third-party risk management (TPRM) solution. The provider offers 598 pre-configured templates in its survey library.

Risk management 79

Risk management Risk Management Buyers 79

Arkestro

JUNE 6, 2022

In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ SolutionMap is widely regarded as the most rigorous, data-focused functionality assessment of procurement solutions.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Procurement 52

Spend Matters

JANUARY 23, 2024

The distinction between traditional or mundane AI and GenAI remains blurry in the procurement industry as GenAI takes on a life of its own. We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.” So traditional AI and GenAI can complement each other.

Category management 63

Category management Data Procurement supply chain software solutions 63

Procurement Heads

JUNE 6, 2023

Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. I have been in procurement way too long, I stopped counting after 25 years!

Contract management 130

Contract management Contract Supply Chain Efficiency Procurement 130

NLPA (Next Level Purchasing Association)

MAY 5, 2021

It is important for a procurement professional to know the distinction between direct and indirect spending in spending analysis. I asked my students, What type of activity does a procurement professional use for this direct and indirect spending distinction? Become a member of one of the world’s largest procurement associations today.

Raw materials 52

Raw materials Strategic sourcing Strategic sourcing Category management 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Sourcing Optimization tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Sourcing 77

Sourcing Bidding Price Suppliers 77

Jaggaer

APRIL 30, 2020

With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. What is autonomous procurement?

Procurement 52

Procurement Buyers Contract Sourcing 52

Barkers Procurement

DECEMBER 10, 2023

Collaborative initiatives developed by the clientincluded a virtual training and development facility funded by tier 1 contractor and the development of a category forecast tool designed to develop a more detailed pipeline of work. The group are now collaborating on 3-4 other categories, having witnessed the benefits of this approach.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Collaboration Innovation 52

Value Match

AUGUST 11, 2022

Categories. Procurement Best Practice. Procurement Best Practice. Procurement Policy Notes. Procurement Strategy. 58% of this value has been awarded for products and suppliers whilst 41% was dedicated to procuring related services. Best Practice Guides. Bid Management. Case Study. Circular Economy.

Contract management 52

Contract management Contract Management Bidding 52

ivalua

MAY 15, 2019

A specific application for Procurement involves contract analysis. In order to mitigate their legal risk, some customers have put in place templates and standard clauses in a repository allowed by our product in order to standardize the contracts. retrieval of the original clause or template.

Contract 150

Contract Data Management Contract management 150

ivalua

MAY 15, 2019

A specific application for Procurement involves contract analysis. In order to mitigate their legal risk, some customers have put in place templates and standard clauses in a repository allowed by our product in order to standardize the contracts. retrieval of the original clause or template.

Contract 147

Contract Data Contract management Risk 147

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

Effective market surveys and analyses are processes that identify whom procurement professionals want to bid on their requirements. This may be easy in a centralized procurement environment where the category of goods or services is narrow. This kicks off a process that incorporates multiple considerations.

Supply market 52

Supply market Bidding Supply Suppliers 52

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. But that balanced scorecard has always been there in the best procurement organisations.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Pipefy

OCTOBER 25, 2023

Procurement teams have a critical role to play in business strategy. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and stay competitive. Not only does this increase procurement team autonomy, it also helps conserve valuable IT resources.

Procurement team 52

Procurement team Agile and Lean Supply Chain Business strategy Procurement 52

Planergy

JULY 27, 2023

Additionally, expense reports can provide valuable insights into how much money is being spent on different categories of expenses, which can help organizations identify areas where they may be able to cut costs or optimize their spending. How to report and analyze indirect spend to identify savings opportunities.

Real-time Visibility 52

Real-time Visibility Management Purchasing Budget 52

Planergy

FEBRUARY 9, 2023

Download Free Copy Travel and Expense Policy: What Is It, Example Template, and Best Practices Written by Milos Karadzic 20 min read Expense Management Expense Reporting Process & Procedures Download PDF IN THIS ARTICLE What Is a Travel and Expense Policy? Our template will help. Why You Need a Travel and Expense Policy?

Purchasing 52

Purchasing Purchase orders Management Budget 52

HICX

FEBRUARY 2, 2023

The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Suppliers 52

Suppliers Procurement Buyers Collaboration 52

Spend Matters

JUNE 21, 2023

Read our previous coverage here: Carbon Management (Part 1): TechMatch launch, participating vendors and overall results Carbon Management (Part 2): Overview of solutions and strengths/weaknesses But, before going into the details of the update, let’s look at the current state of Carbon Management in procurement and supply chain management.

Management 54

Management Supply Chain Efficiency Data Collaboration 54

Procurement Software

MAY 9, 2022

All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. Homegrown solutions can take you far in life, but the future of procurement excellence is reliant upon a transformation of procurement strategy. Better work tools = better work.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52