Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. The “old way” of thinking about procurement is out. Far from it. What’s changed?

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Procurement Software

FEBRUARY 27, 2024

What are the major differences between running your procurement operations in ERP, S2P suites or a best-of-breed digital procurement tools ? For folks like me, who are deeply involved in the procurement tech space, the answer is clear. You may be aware that they’re different. Don’t worry, we’ve got you covered.

Sourcing 52

Sourcing Contract management Price Procurement 52

Arkestro

SEPTEMBER 5, 2023

Resources / Blog / The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 52

Empowering CPO

JUNE 20, 2023

Introduction Welcome to the fascinating world of spend analysis, a crucial component of procurement that can profoundly transform your business operations. In the complex labyrinth of procurement data, the power of visualization cannot be overstated. The Power of Data in Procurement A.

Data 52

Data Procurement Supply Chain Efficiency Procurement strategies 52

Supply Chain Game Changer

OCTOBER 28, 2021

Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Jaggaer

MARCH 23, 2020

Here we are throwing another buzzword at you. And most importantly, what augmented analytics can do for you. Whereas analysis is focused on understanding what happened in the past and why it happened, analytics focuses on why it happened and using this intelligence to try and work out what will happen in the future.

Procurement 78

Procurement Data Sourcing supply chain software solutions 78

The Procuretech Podcast

OCTOBER 5, 2022

We're continuing with our mini series where we ask influencers and industry experts for their thoughts and nuggets of advice on everything that's happening in the digital procurement world. Jacob's been in the procurement space for around 20 years. He now supports companies in their procurement transformation process.

Negotiation 40

Negotiation Sourcing Price Procurement 40

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. That’s why we are dedicated to providing our clients with the most up-to-date insights and expertise in spend analysis.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Procurement Software

MARCH 11, 2022

But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. The best opportunities now lie in tail spend management. Why tail spend can be the bearer of golden goose eggs. Sales may be the business growth heroes.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

But Procurement plays a vitally important role to plug the holes in the bucket, stopping the leakages from all of that new revenue that our Sales colleagues are generating. The best opportunities now lie in tail spend management. Why tail spend can be the bearer of golden goose eggs. Sales may be the business growth heroes.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Arkestro

NOVEMBER 21, 2022

There is no debate regarding how critical the supplier-buyer relationship is within the procurement industry. We explore how you can stand above the rest, especially to large enterprise companies. Plenty of things set suppliers apart in procurement today. You also want to make sure you respond quickly and accurately to RFxs.

Suppliers 52

Suppliers Buyers Quality Procurement 52

Jaggaer

MARCH 10, 2020

As talk of “ autonomous procurement ” increases , critics are quick to dismiss the idea. Over the next five to ten years, procurement will be largely reimagined as technology continues to advance. Autonomous procurement is coming and leaders will embrace it. . What is autonomous procurement? Here’s why: .

Procurement 59

Procurement Vendor management Purchasing Inventory 59

Procurement Software

NOVEMBER 14, 2023

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. It’s no longer possible to manage all your digital procurement requirements in one, end-to-end suite. Why have SAP Ariba and Coupa introduced marketplaces?

supply chain software solutions 52

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

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Build a better invoice processing workflow with The Definitive Guide to Workflow Management Download now What is automated invoice processing?

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? Some of the advantages that procurement analytics software can provide. Why a solid spend analysis is essential. No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. It’s shockingly few.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? Some of the advantages that procurement analytics software can provide. Why a solid spend analysis is essential. No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. It’s shockingly few.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

However, as automation increases, many worry that the rapid adoption of technology to reduce manual work will result in significant job cuts, in a time when unemployment is already a concern. While automation is paramount now, it might not fit all the business requirements. Now real-time budget checking before spend is possible.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Supply Chain Efficiency Budget 40

Empowering CPO

JUNE 22, 2023

Spend analysis, a cornerstone of procurement and supply chain management, is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing procurement costs, improving efficiency, and monitoring compliance. Now, let’s introduce EmpoweringCPO’s spend analysis offerings.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Claritum

SEPTEMBER 1, 2020

If you don’t have a buyer portal, then you can be sure that one of three things will happen with your users. Shouldn’t you also be investing in systems that will help the wider organisation easily buy goods and services? Investment Of course, you are investing in digitisation of procurement processes.

Eprocurement 32

Eprocurement Buyers Purchasing Purchase orders 32

Empowering CPO

JUNE 27, 2023

One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis. Procurement is a strategic function that encompasses the acquisition of goods and services required to support an organization’s operations.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Jaggaer

JUNE 28, 2019

Key Findings from the JAGGAER 2019 Digital Procurement Survey. Despite all the talk of digital transformation in procurement, the JAGGAER 2019 Digital Procurement Report reveals little change since 2017. 54% of organizations have now at least started the process of digitizing and automating standard procurement processes.

Procurement 58

Procurement Budget Category management Data 58

Empowering CPO

JUNE 30, 2023

Introduction Welcome to our comprehensive guide to managed procurement services. As a procurement services company, EmpoweringCPO is delighted to provide you with insights and information that will help you understand, evaluate, and leverage these services for your business. So, let’s dive in!

Management 40

Management Procurement Supply Chain Efficiency Strategic sourcing 40

FourKites

JANUARY 7, 2021

Emphasizing agile and lean logistics management will allow you to outperform slower competitors through the ability to make informed decisions on the fly, rather than relying on gut instinct or incomplete information. Why Is Agility Important for the Supply Chain? That only increases the odds of making the wrong decision.

Agile and Lean Supply Chain 52

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

Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. Whether you are focused on controlled growth or cost efficiencies, the ability to measure what is occurring in real time is essential to making decisions. Introduction. Conclusion.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Claritum

SEPTEMBER 3, 2018

Claritum Article - Procurement Blog. So, adoption and acceptance of eProcurement systems by employees, who make purchases, is important to ensure improved organisational effectiveness. This, needless to say, does not help adoption! Factors Affecting Adoption. Introduction. Ease of Use. System usefulness. 1 Introduction.

Eprocurement 36

Eprocurement Purchasing Purchase orders Innovation 36

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63