Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started. That’s where procurement, sourcing, and purchasing technology comes in.

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Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. We examined some of the huge challenges that procurement will face in adopting GenAI in the coming years, with a particular focus on talent management.

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Procurement Supply Chain Efficiency Contract Real-time Visibility 52

Arkestro

JANUARY 9, 2024

Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. So what’s in store for 2024? But the tides are shifting in 2024.

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Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. This also leads to more efficient and strategic procurement. And that’s where smart procurement comes in.

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Jaggaer

JUNE 28, 2024

Procurement and supply chain professionals are emerging as enterprise linchpins. Our research shows that despite the strategic role procurement and supply chain teams play, these professionals remain underequipped, which presents a huge risk to organizations,” said Andy Hovancik, Chief Executive Officer at JAGGAER.

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Jaggaer

OCTOBER 3, 2024

It will lead to decreased costs by reducing the time and resources required to complete tasks and minimizing the occurrence of defects. Contracts management is vital to avoid cost leakage. Increasingly, artificial intelligence-driven solutions, such as JAGGAER’s Contracts AI, reduce effort and increase efficiency.

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

Una

JUNE 5, 2024

Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? By Hugo Britt | June 6, 2024 Search Search There are choppy seas ahead. Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace.

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TYA Suite

JULY 17, 2024

Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. With digital tools and automation, businesses can enhance procurement efficiency, streamline processes, and leverage data for informed decision-making. to meet the unique needs of each category.

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Spend Matters

JANUARY 5, 2024

Spend Analytics AnyData Solutions is used for spend analytics, contract management, supplier relationship management and ESG/performance tracking. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk. Read part 1 here , part 2 here and part 3 here.

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Una

APRIL 18, 2023

Economists have issued warnings ranging from a “ soft landing” with low growth to a prolonged “ deep recession” that will stretch well into 2024. This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. Are we heading for a recession in 2023?

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Barkers Procurement

FEBRUARY 25, 2024

The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result. The Act is set to come into force in October 2024 and will reform public procurement. Do you need procurement advice and support?

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Una

MAY 22, 2024

By Hugo Britt | May 23, 2024 Search Search Would you be able to generate more output in your procurement team if you were forced to work with less? Thankfully, there are ways Sourcing Heroes can boost efficiency to come out on top. Definitely – if you have the help of a GPO.

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Procurement Heads

JUNE 14, 2023

Public procurement regulations can be restrictive at times but the principles around openness, transparency and equal treatment are the right ones. We have made lots of progress and this has been recognised in our efficiency and effectiveness benchmarking, as well as much improved feedback from the business.

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Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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IBM Supply Chain Blog

JANUARY 15, 2024

In 2024, the ongoing process of digitalization further enhances the efficiency of government programs and the effectiveness of policies, as detailed in a previous white paper. Machine learning-trained generative AI might help in drafting new contracts based on this research. It helps to ensure consistent outputs.

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Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features.

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Una

MAY 7, 2024

By Hugo Britt | May 7, 2024 Search Search If you, as a consumer, have ever exclaimed, “ How can they charge that much when it probably only cost them ($X) to make??,” then you have performed a very basic version of should-cost analysis. What is Should-Cost Analysis in Procurement?

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Zycus Cognitive Procurement

JANUARY 12, 2021

How is Source to contract affected during a crisis? Supply chains were severely disrupted on a global scale as countries closed their borders. Contracting was also impacted as employees could no longer come to the office and conduct paperwork. As linear supply chains evolve into interconnected DSNs, A.I.

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Jaggaer

JULY 10, 2024

According to PwC’s 2024 Voice of the Consumer Survey , “while cost-of-living pressures weigh, some consumers say they are willing to spend 9.7% Or even in contrast, narrowing the supply base so you can more easily monitor tier 1 suppliers’ efforts to reduce emissions.

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Pipefy

DECEMBER 20, 2023

According to Amazon’s 2024 State of Procurement Data Report , 98% of respondents reported having plans for investments in analytics and insights tools, automation, and AI for their procurement operations in the next few years. The goal: better use of employee time, greater efficiency, and higher cost savings.

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Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. I estimate that the typical Category Manager spends around a third of their day on non-value added tasks. The backbone of the team is still going to be Category Managers.

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Spend Matters

FEBRUARY 12, 2025

Tariffs and the disruption they pose to international trade forces Procurement professionals, the frontline managers of supply chains, to develop strategies that will mitigate cost increases while ensuring the flow of materials and services remain efficient and resilient. CLM) IDAS , made by M.

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Procurement Insights

JANUARY 8, 2025

The interview would discuss Aribas latest contract win in the Healthcare sector. For those who may not be aware, Horizon Blue Cross Blue Shield of New Jersey will be, and I quote, leveraging Aribas on-demand Procure-to-Pay offering to drive savings, efficiencies, and competitive advantage.

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