Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 91

Influencing Procurement supply chain budgeting Strategic sourcing 91

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Business budgeting plays a crucial role in the financial success of a company.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 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 ). What are No-code Platforms?

supply chain software solutions 138

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

IBM Supply Chain Blog

SEPTEMBER 6, 2023

Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” ” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. It’s not about dismissing traditional budgeting.

Budget 82

Budget Collaboration Data Strategy 82

Supply Chain Game Changer

APRIL 25, 2022

Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! Here we discuss the benefits and drawbacks of hiring a specialized software development team. Why Does Your Company Need a Software Development Team? Benefits of a Dedicated Software Team. Subscribe Here! Email Address.

supply chain software solutions 94

supply chain software solutions supply chain budgeting Supply Chain Efficiency Quality 94

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives. Why is it important?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

OCTOBER 13, 2022

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supply chains. About the research.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 130

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). Below are some key areas where CPI can improve supply chain efficiency: 1. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. This consolidation aimed to make supply chains more resilient.

Supply Chain Optimization 68

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 68

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order. A clear budget 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

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. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Total Supply Chain Cost.

Supply Chain KPIs 98

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

Spend Matters

FEBRUARY 5, 2025

While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Low adoption rates: Technologies like e-sourcing have been available for years, yet adoption among companies sits at around 60%-70%. Lets explore these aspects.

Procurement 103

Procurement Change management Strategy supply chain budgeting 103

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Think classroom supplies, laboratory equipment, educational software, and learning resources. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

EazyStock

DECEMBER 13, 2020

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supply chain running as smoothly as possible in the meantime? The best way to safeguard your supply chain will be by building resilience into your operations. But ‘back to normal’?

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 98

Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Transparent and detailed solution evaluations, especially for comparing software providers.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Procurement Tactics

MAY 30, 2023

They manage the sourcing and purchasing of goods and services that the organization requires to operate effectively. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain. Rather, they frequently include aspects of supply chain or inventory management.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Tactics

JANUARY 8, 2023

Spend analysis enables businesses to assess procurement spending data from internal and external data sources. It can also help drive sustainability initiatives in your supply chain and procurement process. . Responsible sourcing – Establishing trust and transparency in the value chain.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

IBM Supply Chain Blog

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Budget 56

Budget Data Cost optimization Collaboration 56

Supply Chain Game Changer

SEPTEMBER 11, 2022

Subscribe to Supply Chain Game Changer. Retail, manufacturing, distribution, pharmaceuticals, and technology are some of the businesses that use ERP software. An integrator’s job is to assist you in getting the most out of your software investment. Integration Costs Budgeting. Subscribe Here! Email Address.

supply chain software solutions 96

supply chain software solutions supply chain budgeting Supply Chain Optimization Budget 96

Supply Chain Game Changer

FEBRUARY 9, 2022

Subscribe to Supply Chain Game Changer. There is a lot of project management software on the market. One of the most popular project management software is Asana , and in addition to this program, there is Trello, Basecamp, and Rocketlane. Criteria for comparing project planning software. Subscribe Here!

Project management 80

Project management supply chain software solutions Management supply chain budgeting 80

Spend Matters

OCTOBER 1, 2024

To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and introduce purchase order software like Precoro. In addition to this, modern software solutions also support direct communication with suppliers.

Purchase orders 106

Purchase orders supply chain software solutions Management Supply Chain Efficiency 106

SCMDOJO

APRIL 26, 2023

Category Management Software What is Category Management in Procurement? Category management may involve the splitting of products (goods or items) or services or may relate to the dissecting of products or services by value, supplier, type, or volume into various categories to allow for easy management and sourcing.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. Encourage team members to identify and implement cost-saving initiatives, streamline processes, and explore innovative sourcing strategies.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Tactics

AUGUST 31, 2022

A great e-invoicing software will have numerous levels of security measures to safeguard records and confidential information from hackers. . Using e-invoice software can minimize late payments. Features of E-Invoicing Software. An e-invoicing software encrypts the data to add an extra layer of security. Timely payments.

supply chain software solutions 130

supply chain software solutions supply chain budgeting Procurement Supply Chain Efficiency 130

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

SEPTEMBER 13, 2022

Subscribe to Supply Chain Game Changer. Get a budget bitcoin mining rig. The first step to starting your home based bitcoin mining business is to get a budget bitcoin mining rig. These budget bitcoin mining rigs combine GPUs and ASIC miners for particular cryptocurrencies like Ethereum and Bitcoin. Subscribe Here!

supply chain budgeting 92

supply chain budgeting supply chain software solutions Budget Supply Chain Efficiency 92

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. trillion, making grants roughly 17% of the total federal budget. . Federal grants often make up a large portion of any state, county or municipal budget. Sean Correll.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Tactics

JULY 13, 2022

The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Many processes in procurement are done using procurement software. Procurement Today. ENROLL NOW.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

IBM Supply Chain Blog

SEPTEMBER 27, 2023

There are two types of these generative AI models: proprietary large language models and open source large language models. On the other hand, open source LLMs are free and available for anyone to access, use for any purpose, modify and distribute. What are the benefits of open source LLMs?

Sourcing 91

Sourcing Risk Data Innovation 91

Supply Chain Collaborator

FEBRUARY 27, 2018

As with most complex business challenges, the ability to accommodate increasingly complicated supply chains is heavily dependent on technology. Yet, a surprising number of shippers are still performing their day-to-day functions without the assistance of any supply chain digitization software solution (or with antiquated processes).

supply chain software solutions 60

supply chain software solutions supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 60