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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

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Maximizing Cost Savings Through Strategic Supplier Collaboration

Jaggaer

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. What is Cost Saving in Supply Chain Management?

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The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay

Jaggaer

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

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Procurement Strategies for CFOs: Driving Cost Savings and Efficiency

Arkestro

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

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Is the role of Procurement Category Manager dead?

Procurement Software

At the same time, procurement technology has become more affordable and easier to use. The number of procurement tools on the market has of course multiplied too, especially in the last 5 or so years. In manufacturing businesses, it also often deals with operational issues in supply chain and logistics management.

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Moving Beyond Procurement Cost Savings to Driving Value

Procurement Software

It includes strategies like procurement cost reduction strategies, streamlining purchase processes, and enhancing efficiency across the procurement lifecycle. These can include negotiating contracts that prevent price increases or optimizing the supply chain to avoid rushed shipping fees.