Remove Business procurement Remove Change management Remove Supply Chain Optimization
article thumbnail

How Good Is Your ProcureTech Strategy’s Foundation

Procurement Insights

Example: A company wants to deploy an AI-driven supplier risk assessment tool , but procurement teams still manage supplier relationships via email and Excel , preventing seamless integration. Lesson: AI cant optimize outdated, inefficient workflows. Solution: Invest in change management, training, and procurement AI education.

article thumbnail

How Real Estate Can Benefit from a Procurement Management System

TYA Suite

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Solving 6 Critical Procurement Challenges With Business Process Automation

Pipefy

Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. With the right tools, teams can achieve this and more.

article thumbnail

5 Procurement Trends Shaping 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization.

article thumbnail

Why is Not for Profit Procurement so Different

Claritum

The NfP also has a greater focus on adding social value to a supply chain. Whereas when we look at the goals and motivations of the FP sector (commercial businesses) there is more opportunity to re-define goals and change direction, with significantly less influence from external parties. In selecting suppliers.