Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. million in March 2022. LTL networks need to improve efficiency and reduce costs without an impact to customer service.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Zycus Cognitive Procurement

JULY 25, 2022

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. This blog will help you become a better procurement manager by providing you the latest updates on procurement digitization. Here are the latest updates on digital procurement in 2022 : .

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supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. Along with cost savings, procurement managers are focusing on optimizing and automating processes. Supply Chain Transparency. Subscribe Here!

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Supply Chain Game Changer

FEBRUARY 25, 2022

Subscribe to Supply Chain Game Changer. For example, it does not take an advanced degree like a supply chain management MBA degree to know that you need a good inventory and transit system for successfully running a supply chain. Budget Your Expenses. Subscribe Here! Email Address.

Import 107

Import supply chain budgeting Budget Supply chain 107

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. If you look to solve problems 1 and 2 and ignore problem 3 then you are going to lose.

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Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Supply Chain Game Changer

NOVEMBER 11, 2022

Subscribe to Supply Chain Game Changer. Why Strategic Brand Management is Important! It’s also important to have a budget in mind and see what you can get for that budget. Originally written for Supply Chain Game Changer and published on November 11, 2022. Subscribe Here! Email Address.

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supply chain budgeting Budget Supply chain Influencing 93

Supply Chain Game Changer

AUGUST 26, 2022

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? The key is to find a find that suits your business and existing budget. In 2022, this should involve instructing your employees to work from home. Originally written for Supply Chain Game Changer and published on August 26, 2022.

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supply chain budgeting Supply Chain Efficiency Supply chain Import 93

Supply Chain Game Changer

NOVEMBER 17, 2022

Subscribe to Supply Chain Game Changer. Cloud file encryption is one solution worth looking into because it offers key benefits for supply chain companies that want to protect their sensitive information. Here are five reasons supply chain companies need to start using cloud file encryption. Subscribe Here!

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Arkestro

JANUARY 23, 2024

billion in 2022, and it’s expected to grow 11.1% Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Supplier relationship management: Build and manage reliable supplier relationships for optimal performance.

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Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. As a result, the industry’s efficiency is falling while operational costs rise. trillion.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

APRIL 25, 2023

In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022. Construction companies are also up against hurdles in the procurement process, working around unique requirements, cost and budget constraints, tight turnarounds, and more.

Supply Chain Efficiency 52

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Zycus Cognitive Procurement

DECEMBER 16, 2022

The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Cost Reduction. Lack of budget. Developing supply chain resiliency. Talent Acquisition.

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supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

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Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. It’s anything but easy to manage.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Procurify

JULY 20, 2022

If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. So, what are the common challenges purchasing managers face today, and how can they address them?

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Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. Key features include supply chain mapping, risk dashboards, mitigation workflows, and regulatory reporting.

Real-time Visibility 52

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

IBM Supply Chain Blog

JULY 27, 2023

EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design and procurement to maintenance and disposal. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9% through 2030.

Real-time Visibility 55

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Zycus Cognitive Procurement

FEBRUARY 2, 2022

percent to reach $10.059 trillion by 2022. The healthcare industry is under immense pressure to digitize in order to improve workflow efficiency and cut costs. The challenge of reducing costs while maintaining quality care. Inefficient inventory management and wastage due to poor visibility into data.

Real-time Visibility 40

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Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Weproc offers features for: Procurement Management Product Management Contract Management Supplier Management Budget Management Accounting Basic Analytics Weproc also aims to put user experience first.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

IBM Supply Chain Blog

AUGUST 1, 2023

We continue to make key updates to our cloud infrastructure to drive progress that has resulted in improvements to cloud stability and resiliency, including an 87% year-over-year reduction in Severity 1 Customer Impacting Events (CIEs) and a 38% decrease in Severity 1 CIE disruption time for the same compared periods in 2022 versus 2021.

Innovation 63

Innovation Cost of ownership Risk Data 63

Planergy

AUGUST 25, 2022

This new digital strategy also uses predictive analysis to detect patterns, and predict outcomes, while offering better risk management capability. For 2022, here are some of the top digital transformation trends. With an acceleration towards digital transformation, several trends are happening across businesses globally.

Data 52

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Procurement Software

AUGUST 8, 2023

In 2020, Coupa announced the acquisition of Llamasoft , a supply chain planning software company, for $1.5 It continued to struggle right up to the announcement acquisition in December 2022, with an acquisition price per share of $81.00. Mid-market businesses don’t have huge software budgets. This isn’t over yet.

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supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52