World of Procurement blog

APRIL 23, 2024

Whether you're running a small business or overseeing operations for a large corporation, understanding the procurement lifecycle is vital for minimizing costs while maximizing value. Introduction to the Procurement Lifecycle The procurement lifecycle encompasses all activities related to acquiring goods and services from external sources.

Purchase orders 52

Purchase orders Procurement Quantity Budget 52

Pipefy

MAY 23, 2023

Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks. Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

ivalua

JUNE 12, 2020

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. In case anyone was sleeping, the Covid-19 crisis has provided further evidence. Those that communicated with suppliers could have a better sense of sub-tier exposure to shocks and plan for them. The first is people.

Collaboration 130

Collaboration Suppliers Innovation Quality 130

SCMDOJO

APRIL 4, 2023

What is the Difference Between Supply Chain Analytics and Supply Chain Management? When it comes to managing a supply chain, having access to real-time data can be a game-changer. Additionally, by analyzing data from every stage of the supply chain, companies can uncover new insights and opportunities for growth.

Supply Chain Analytics 111

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

Spend Matters

JUNE 21, 2023

Last year, Spend Matters launched its Carbon Management module in TechMatch. Now, we have updated TechMatch to refresh several participating vendors and include new ones. First, there is the regulatory landscape surrounding climate change and, more broadly, Environmental, Social and Governance (ESG).

Management 54

Management Supply Chain Efficiency Data Collaboration 54

Zycus Cognitive Procurement

MARCH 17, 2022

business to leisure, this new-age phenomenon is sure to set the stage for the future of technology. With applications touching every aspect of human life from. That being true, it is of grave importance for large enterprises, especially in businesses, to delve deep into the. benefits that AI can offer in their respective scenarios.

Procurement 52

Procurement Eprocurement Leadership Contract 52

Procurement Leaders

JUNE 9, 2022

A dedicated role of Procurement Capability Manager (PCM) was created to lead the initiative with the support of Governance & Planning teams, PLT, and subject-matter experts. An internal hire, the PCM was chosen for their deep knowledge of procurement processes and systems, project management and people development skills.

Category management 130

Category management Strategy Procurement Innovation 130

IBM Supply Chain Blog

JANUARY 23, 2024

A solid assessment delves into the overall procurement lifecycle. A procurement advisor helps map across the gaps, typically resulting in a plan to advance category management, to develop a target operating model and surfacing other key opportunities where there is need to mobilize action.

Procurement 95

Procurement Real-time Visibility Contract Suppliers 95

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management 77

Category management Management Supplier relationship management supply chain software solutions 77

Value Match

JULY 21, 2022

Bid Management. Contract for Change. Responsible Organisational Management. This policy paper builds upon the Green Paper: Transforming Public Procurement, the follow-up consultation and more recently the Procurement Bill. Categories. Best Practice Guides. Case Study. Circular Economy. Community Story. Legislation.

Strategy 96

Strategy Procurement Contract Bidding 96

Pipefy

MARCH 6, 2023

But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests. The procurement lifecycle is complete when the need is met, payment is issued, and the quality of the goods or services procured has been determined. It’s also one of the most complex.

Procurement 59

Procurement Procurement team Purchase orders Vendor relationships 59

World of Procurement blog

JUNE 17, 2021

What is Contract Management? Contract Management is the process of managing all of your contracts. For this article, we’re going to focus on Contract Management related to your Supply Chain Contracts, or Procurement Contracts. This is a macro top-level aim of Contract Management.

Contract management 52

Contract management Contract Management Contract administration 52

Procurement Software

MARCH 5, 2024

A company showing signs of growth i.e. numerous customers, and beyond launch stage. If they are VC-backed, then they must be at pre-Seed or Seed stage. If they are VC-backed, then they must be at pre-Seed or Seed stage. There are so many, in fact, that we expanded our article to include 25 of them.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

NOVEMBER 14, 2023

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. From the outside, it appears to be a bid by SAP Ariba, Coupa and other legacy Procure-to-Pay and Source-to-Contract suites to maintain their relevance. Let’s take a closer look.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? It should be considered an essential part of an organization’s wider risk management strategy. What are the benefits of supplier risk management?

Risk management 52

Risk management Risk Suppliers Management 52

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. Today, procurement tools are too useful and readily available to ignore.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

JULY 18, 2023

If you’re at that stage, then you should take a closer look at how these solutions could drive value to your business. It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. Oboloo oboloo is an early stage London-based startup. How do you define an SME?

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

World of Procurement blog

JANUARY 19, 2022

You’re going to understand your spend categories better understand where risk is in your contracts and how well your suppliers are genuinely performing. That’s vital. However, it goes deeper than this. With better data comes more precise insights into your Supply Chain. How are they going to do this? Two ways seem realistic.

Procurement 52

Procurement Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 52

Claritum

JULY 31, 2018

This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Supplier Performance Management. Supplier Risk, Diversity and Compliance Management.

Suppliers 42

Suppliers Management Real-time Visibility Risk 42

Procurement Software

AUGUST 15, 2023

Category management software was one of the final frontiers for procuretech. Add to that list the additional suites and best-of-breeds who also include certain aspects of category management in their offering. For example, Contract Lifecycle Management software or Supplier Relationship Management tools.

Category management 52

Category management Management Procurement team Strategy 52