Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

supply chain software solutions 52

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

Let's Talk Supply Chain

JULY 18, 2023

Today I’m joined by GoFreight , an all-in-one software provider that is on a mission to build a global company that is customer-obsessed, values innovation in technology, and solves problems with deep empathy and brilliant simplicity. GoFreight is a customer-first SaaS company that is revolutionizing the logistics and supply chain industry.

supply chain software solutions 86

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

ivalua

FEBRUARY 10, 2023

per cent in January 2023, down from 9.2 It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. Eurozone annual inflation was down 8.5

Price 264

Price Strategy Sourcing Real-time Visibility 264

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

SupplyShift

MAY 19, 2023

Conducting global operations across multi-tier or even single-tier supply chains presents numerous sustainability-related risks and opportunities. Biodiversity loss, in particular, has far-reaching consequences for supply chain sustainability performance due to the dependence of companies on nature.

supply chain budgeting 52

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

Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. For this list, we looked at procurement software that focuses on either direct materials or purchased parts. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

JANUARY 24, 2023

However, as 2023 starts, CPOs have a new range of challenges to tackle, such as soaring inflation and a looming recession. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Let's Talk Supply Chain

MARCH 19, 2023

Today I’m joined by Orderful , a collaborative and forward-thinking software brand that are building the future of EDI. 07.14] An overview of EDI, its place in the industry alongside API, and why it’s ‘the plumbing of today’s supply chain.’ This episode was filmed at Manifest 2023.

Real-time Visibility 52

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

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Procurement Leadership Agenda and Narratives (PLAN) 2023 aimed to help organizations realize a continuously improving procurement function by exploring the latest trends and challenges in the sector.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Arkestro

DECEMBER 12, 2023

Resources / Blog / Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023 The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 85

e2e Procurement supply chain software solutions Contract 85

SCMR (Supply Chain Management Review)

OCTOBER 30, 2023

This year’s survey found increasing levels of use for various automation and software technologies, while technology budgets held fairly steady. However, operations face continued challenges around labor scarcity, inadequate warehouse space, and the pressure to perform in line with customer expectations.

Budget 88

Budget 88

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. 27.44] The ideal client for Nipendo. 34.06] The future for Nipendo.

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

Arkestro

JANUARY 23, 2024

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Risk management: Identify and address supply chain risks for uninterrupted goods/services supply.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. It can also help drive sustainability initiatives in your supply chain and procurement process. . Articulate value drivers that address cost reduction, and demand management while also considering social and environmental impacts. Ultimate Supplier Plotting Checklist 2023.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

IBM Supply Chain Blog

APRIL 21, 2023

And second, in Redesigning brand values: Purpose and profit converge in core operations , authored by IBM and The Consumer Goods Forum, surveyed consumer goods leaders share that they estimate technology budgets will grow by 34% over the next three years. And as our clients’ needs continue to evolve, so do our capabilities.

Sustainability 78

Sustainability Innovation supply chain software solutions Real-time Visibility 78

Let's Talk Supply Chain

OCTOBER 16, 2023

Onfleet is the preferred delivery management software for companies wanting to provide a superior delivery experience while maximizing efficiencies. And when you account for the fact that last mile is the most expensive aspect of the supply chain, the bottom line ROI is almost immediate once implemented.”

Supply Chain Efficiency 52

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

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. 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. between 2018–2023 (MarketWatch 2020). Subscribe Here! Email Address. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This is where cross-department collaboration comes into play.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Arkestro

JANUARY 18, 2023

We explore how predictive procurement in chemical manufacturing will be strategic as we move into 2023. Some raw materials are in short supply, and others are dangerous to extract, transport, and store. Reducing costs in the industry by even a fraction has a huge impact on profitability.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

MAY 9, 2023

An excellent illustration of how IBM partners are helping enterprises capitalize on the transformative power of AI is Krista Software , which used IBM Watson NLP from IBM’s embeddable AI software portfolio to help its mobile security client, Zimperium, automate its entire scheduling and deployment process.

Vendor relationships 94

Vendor relationships Strategy Budget Quality 94

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. 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.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Zycus Cognitive Procurement

JANUARY 31, 2023

Reduced costs: Effective supplier relationship management brings a range of benefits to businesses. Cost savings are at the forefront, as establishing and maintaining relationships with key suppliers can eliminate many of the setup costs associated with establishing new deals.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Let's Talk Supply Chain

MARCH 12, 2023

Today I’m joined by Enveyo , an innovative logistics software brand that wants to optimize every aspect of a business’s shipping operations, with solutions that leverage enterprise-level technology and big data experience to empower organizations to make business-transforming shipping decisions.

e2e 52

e2e Supply Chain Optimization supply chain software solutions supply chain budgeting 52

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

Barkers Procurement

FEBRUARY 25, 2024

2023 was tough. In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery. A benefit to both, and a sustainable future for all.

Procurement 52

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

Let's Talk Supply Chain

AUGUST 31, 2022

26.39] A case study looking at how Sifted helped a key customer to make strategic delivery improvements, improving customer satisfaction and reducing costs. 28.12] Ami’s predictions for the rest of 2022, looking forward to 2023. Change is the only constant in supply chain!

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Data Logistics 52

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

IBM Supply Chain Blog

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Real-time Visibility 64

Real-time Visibility Budget Cost optimization Demand 64

Una

APRIL 25, 2023

By Hugo Britt | April 25, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges. Why are Sourcing Heroes so often time-poor in procurement?

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Procurement supply chain budgeting Supply Chain Efficiency Contract 94

IBM Supply Chain Blog

AUGUST 11, 2023

And technology budgets are rising commensurate to this new reality. trillion in 2023, an increase of 5.5% IT cost management has grown in importance because cost control is top of mind for every organization across all industries. Simply put, IT leaders cannot afford increased project costs that lead to budget overruns.

Import 74

Import Management Budget Real-time Visibility 74

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. million seed round in 2023 helped make otherwise static documents ‘queryable.’ with a new CFO, or new budget. and processes from the annual report.

Procurement strategies 101

Procurement strategies Innovation Strategy Procurement 101

IBM Supply Chain Blog

DECEMBER 8, 2023

With over 20,000 Common Vulnerabilities and Exposures (CVEs) being published each year 1 , the challenge of finding and fixing software with known vulnerabilities continues to stretch vulnerability management teams thin. However, how do these organizations know that focusing on software with the highest scoring CVEs is the right approach?

Real-time Visibility 67

Real-time Visibility Risk Management Budget 67

IBM Supply Chain Blog

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). “We experienced a transformative impact on our business after implementing QRadar SIEM’s multi-tenancy solution. billion at an impressive CAGR of 19.3%. .

Strategy 65

Strategy Data Risk Sourcing 65