Spend Matters

MAY 29, 2024

Some of the key supply chain transformation pillars discussed were commercial excellence, vendor risk management, and systems (disparate point systems). The process has allowed Baylor Scott & White Health to reallocate procurement resources to more pressing areas such as analytics, sourcing and contract management, and program management.

supply chain software solutions 117

supply chain software solutions Procurement Supply Chain Optimization Contract 117

Procurement Software

NOVEMBER 21, 2022

The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis. billion in 2021 to USD 8.0

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Procurement Software

NOVEMBER 28, 2022

billion in 2021 to a projected $8 billion by 2026, which corresponds to a compound annual growth rate, or CAGR, of 25.3% For the sake of this short piece, I’m going to assume that procurement analytics refers to digital procurement technology in the more overarching sense, and not just spend management and transactional procurement tools.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59