Jaggaer

APRIL 9, 2025

Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Real-Time Data Access and Analysis – Manufacturers must make quick and informed decisions to stay competitive.

Real-time Visibility 52

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

Let's Talk Supply Chain

MARCH 24, 2025

This turbulence is reshaping the landscape of the electronics industry,prompting companies to reevaluate their sourcing strategies‍ and operational resilience. This unpredictability makes it challenging for businesses to effectively budget and plan ‍for the future.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. They both do the same thing, or do they?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Tactics

DECEMBER 6, 2022

However, these manual processes are ineffective and cost a lot of effort, time, and money. Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . Visibility of expense data. What is Spend Management? Eliminate fraud.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. Automated approvals, chat-based collaboration, and real-time notifications ensure that key stakeholders stay informed without inbox overload.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Tactics

MAY 31, 2023

Inventory control helps to avoid the various costs associated with purchasing excessive inventory and the strains of operating without sufficient inventory. If a company can lower inventory, it may discover new funds available for expansion or profits. Thus, learning how to control warehouse inventory is essential.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

TYA Suite

NOVEMBER 15, 2024

This leads to more accurate budgeting and financial stability. If a supplier is struggling with cash flow or facing bankruptcy, it may not be able to fulfill orders on time or maintain the quality of its products. Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks.

Risk management 40

Risk management Risk Suppliers Strategy 40

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Keep contact details, payment terms, and order history organized in QuickBooks so you’re not scrambling for details when its time to place an order. The good news?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Budget 52

Planergy

FEBRUARY 24, 2025

Best Practices for Educational Procurement Challenges in Educational Procurement Technology Procurement Strategies Measuring Procurement Effectiveness Imagine procurement as the strategic heartbeat of educational institutionsa systematic process that transforms financial resources into tangible learning opportunities.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Procurement Tactics

OCTOBER 16, 2022

The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. . CAD interface. Work cycle process. Scheduling.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

Spend Matters

OCTOBER 10, 2023

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies.

Real-time Visibility 117

Real-time Visibility Management e2e Budget 117

Spend Matters

MARCH 11, 2024

So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ).

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. The interactive approach caters to learners who want to develop practical skills and gain real-world insights. This flexibility is ideal for busy professionals.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Jaggaer

FEBRUARY 5, 2025

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Digital S2P platforms provide real-time insights into supplier performance, contract compliance, and spending patterns.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Planergy

DECEMBER 12, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Even using last year’s data to support the current year for your current budget may lead you astray without close monitoring, as factors change over time.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Budgeting challenges as tail spend typically often not planned for . Once you have visibility into your tail spend, you can look at patterns. Non-compliance with internal policies and regulation, creating legal risks for the company. .

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Planergy

SEPTEMBER 6, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For the greatest chance of success, senior leadership should be involved in setting goals and determining success metrics that are aligned to budgets.

Budget 52

Budget Real-time Visibility Innovation Data 52

Finale Inventory

JANUARY 27, 2025

Introduction Modern warehouse operations demand precision, speed, and real-time visibility – qualities that a well-implemented warehouse barcode scanner system delivers with remarkable consistency. This verification step automatically updates the barcode inventory system in real-time, maintaining accurate stock levels.

Real-time Visibility 52

Real-time Visibility Warehouse operations Inventory Data 52

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. is crucial for maintaining strong vendor partnerships.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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

Planergy

DECEMBER 25, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Thanks to AI and other tools, you can now make better decisions with real-time data. Let’s delve into the details.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

Planergy

MARCH 24, 2025

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It automates invoice approvals, reconciliations, and payment processes to reduce administrative overhead, improve accuracy, and provide real-time financial insights.

Sustainability 52

Sustainability Real-time Visibility Spend management Innovation 52

Procurement Express

JANUARY 30, 2025

Between juggling remote office setup reimbursements, tracking software subscriptions, and coordinating with vendors across time zones, its easy for things to spiral. And lets be real. Effective communication about budgets and policy enforcement doesnt always reach the entire team. Lets dig in.

Management 40

Management Budget Real-time Visibility Purchasing 40

Procurement Insights

APRIL 1, 2025

This tailored strategy addresses the root causes of non-usageoverbuying, complexity, and misalignmentwhile leveraging modern integration technologies. Impact: Ensures 95-100% usage by adapting to real-time requirements, avoiding static S2P features that lag (e.g., Unlike end-to-end Source-to-Pay (S2P) platforms (e.g.,

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

FourKites

DECEMBER 23, 2020

One additional area of focus is risk management, which, if left unchecked, can cause unexpected expenses to skyrocket within the other three budget areas. When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 8, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. This saves a significant amount of time, especially when dealing with a large number of parcels.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Finale Inventory

JANUARY 27, 2025

As warehouses grow more complex and customer expectations rise, rfid inventory management emerges as a transformative solution that addresses critical operational challenges. Modern businesses require real-time visibility into their stock levels, locations, and movements.

Inventory 52

Inventory Real-time Visibility Management supply chain software solutions 52

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Finale Inventory

JANUARY 27, 2025

Small and medium-sized retailers face unique challenges in managing inventory across multiple channels and locations. A well-implemented barcode inventory system addresses these challenges by providing real-time visibility into stock levels, streamlining receiving processes, and accelerating checkout procedures.

Inventory 52

Inventory Real-time Visibility Price Inventory control 52

Jaggaer

MARCH 6, 2025

Embedding Sustainability and ESG Goals Environmental, social, and governance (ESG) considerations are now central to public sector procurement strategies. Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Supply Chain Trend

AUGUST 13, 2020

The budget, or annual operating plan, is normally the first year of the strategy. Integrated Business Planning serves to align enterprise wide plans with the organization’s strategy. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy. Automation versus Augmentation.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147