Procurement Express

FEBRUARY 28, 2025

But to do that effectively, you need the right tech stack to streamline processes, automate tedious tasks, and provide real-time financial insights. Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. What are virtual CFO tools?

Real-time Visibility 52

Real-time Visibility supply chain budgeting Budget supply chain software solutions 52

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. Making the most of an ERP system in manufacturing means understanding how it ties into production, inventory management, and supplier coordination.

Real-time Visibility 52

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

Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

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

Jaggaer

MARCH 7, 2025

Why Modernizing Government Procurement Matters Government procurement is a complex process, often involving multiple stakeholders, large-scale budgets, and stringent regulatory requirements. Traditional procurement methods can lead to inefficiencies, delays, and cost overruns.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. 2) Planning & Budgeting Planning is a crucial part of any business activity. Why is Purchase Price Variance (PPV) Important?

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making.

Procurement 52

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

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

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). And as a result, accelerating the Supply Chain Digitalization journey.

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supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Her first piece of advice would be: Dont. Not yet anyway!

Procurement 73

Procurement Real-time Visibility Change management Data 73

Spend Matters

FEBRUARY 25, 2025

Like it or not, Procurement and Supply teams are in the midst of a digital revolution that looks set only to advance. Time and resources can also be a stopping point. By doing this they are actually missing out on the real value and transformative impact of some of the latest technologies. Adoption will not happen automatically.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

Procurement Tactics

MAY 31, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. In this article, we will discuss what inventory control is.

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Inventory control Inventory Real-time Visibility supply chain budgeting 174

ivalua

JULY 16, 2020

According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; however, given the impact of COVID-19 on business operations and budgets, many of these could be impacted. Lack of visibility slowing plans to tackle environmental concerns.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

SCMDOJO

FEBRUARY 5, 2025

Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO. The interactive approach caters to learners who want to develop practical skills and gain real-world insights.

Procurement 59

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

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses.

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Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Procurement Express

DECEMBER 31, 2024

There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. It integrates with cost accounting systems to track spending, ensures smoother workflows for accounts payable and accounts receivable, and provides real-time visibility into purchasing activities.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Without them, it will be more difficult to manage spending, control budgeting, vet your suppliers, and do what you need to do to get the most out of your procurement process. High-quality procurement software can be used for everything from Inventory management to budgeting.

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supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Procurement Tactics

JULY 20, 2023

The supplier order management software integrates with other systems such as Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and Supply Chain Management (SCM) to ensure a seamless flow of information across different departments. This automation saves time and effort, making the procurement process more efficient.

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supply chain software solutions Suppliers Management Purchase orders 134

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

Planergy

FEBRUARY 24, 2025

Procurement touches every aspect of an educational institution’s operational ecosystem, from textbooks and technology to laboratory equipment and cafeteria supplies. Think classroom supplies, laboratory equipment, educational software, and learning resources. Though it makes budgeting a bit more complex , its often worth it.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

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.

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

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

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. Manufacturers, take charge of your supply chain!

Real-time Visibility 130

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

ivalua

SEPTEMBER 2, 2020

By leveraging the pre-packaged solution customers gain: Complete visibility of the whole supply chain minimising subcontractor risk. Just in time work package procurement from sourcing to payment of contractors. Real time cost value reconciliation ensuring on budget delivery.

Spend management 26

Spend management Agile and Lean Supply Chain Management Real-time Visibility 26

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. How much time is your team wasting on the purchase order process? Keeping purchases within budget to protect cash flow. M anage supplier relationships.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

FourKites

DECEMBER 23, 2020

Supply chain productivity is no different. By outlining the major cost centers of your supply chain and optimizing your spending within each, you’ll be creating a much more favorable equation for improving supply chain planning and productivity. 4 Supply Chain Efficiency Measures to Improve Productivity.

Supply Chain Efficiency 52

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

Planergy

DECEMBER 12, 2023

How to gain visibility and control of your 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. Understanding School Budgets A school budget is more than just a financial document.

Budget 52

Budget Strategic planning Real-time Visibility Purchasing 52

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. Real-time tracking and reporting capabilities allow organizations to monitor the status of purchase orders, deliveries, and payments.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

IBM Supply Chain Blog

JUNE 30, 2023

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ 3 tips for accelerating the path to a more resilient and sustainable automotive supply chain 1.

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 62

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

ivalua

OCTOBER 1, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. Organizations cannot improve invoice match rates when there is no visibility into the root causes of match failures.

Real-time Visibility 130

Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

Procurement Express

DECEMBER 31, 2024

In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc. Indirect spending includes everything from office supplies and travel accommodations to IT services, paid ads, and wages for the people who clean the office. The list goes on.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

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

Procurement Heads

JANUARY 30, 2023

You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? Having said that supply chain was more so about the movement of goods ensuring that retail stores had sufficient stock to meet customer demand. No, I fell into supply chain and procurement!

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supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

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. Inflation occurs when there is an imbalance between the supply and demand of money and goods.

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. And those risk factors can change at any time; it’s a very dynamic landscape.

Real-time Visibility 110

Real-time Visibility Management e2e Risk management 110

Procurement Tactics

JUNE 8, 2023

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. Many tasks in a warehouse are repetitive and take up a lot of time. Warehouse Automation Software 1.

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supply chain software solutions Order Fulfillment Warehouse operations Inventory 178