Spend Matters

JANUARY 12, 2024

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Amazon Business.

Procurement solutions 111

Procurement solutions Procurement supply chain budgeting Procurement team 111

Supply Chain Game Changer

MAY 26, 2020

Hey Procurement! ” Procurement organizations can have the power to spend and control as much as 75-80% of a company’s revenue. Less enlightened organizations still think of Procurement as a back office function processing transactional purchase orders and standard contracts. Procurement! Subscribe Here!

Procurement 105

Procurement Purchase orders Supply Chain Optimization Ethics 105

TYA Suite

JANUARY 27, 2025

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.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Tactics

JULY 2, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Una

NOVEMBER 30, 2022

Value Creation Through Digital Transformation in Procurement. But COVID also revealed the growing value placed on the expertise of procurement professionals and a shifting company viewpoint from back-office worker bees to valued C-suite consultants. Prioritizing a digital procurement strategy to gain competitive advantage.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. While these two may seem similar, they serve different purposes and are used at various stages of the procurement process. What is a Sales Order?

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? In some companies (and I'm quoting my own experience), procurement planning barely exists. Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it. Business units start collecting and aggregating their demand.

Procurement 98

Procurement Demand Planning Budget Category management 98

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Procurement 105

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

Procurement Insights

AUGUST 14, 2024

The procurement software landscape has witnessed significant shifts over the past few years, with private equity firms increasingly taking center stage. Such disruptions can have far-reaching consequences for a solution like Source-to-Pay, which is traditionally considered the operational lifeline for procurement departments.

Procurement 98

Procurement Vendor relationships Innovation Leadership 98

Procurement Insights

NOVEMBER 11, 2022

I came across the article “How Procurement Has Bridged The Gap With Finance” by SIG’s Vice President – Content, Research & Analytics, Mary Zampino. Over my many years in this business, procurement has usually been seen as a transactional arm of finance—little more than a functional appendage.

Procurement 64

Procurement Business procurement Sourcing Price 64

Procurement Insights

FEBRUARY 18, 2025

In ProcureTech , the phrase “Cant build a house on a cracked foundation” means you cannot successfully implement AI-driven procurement solutions (or digital transformation) if the underlying procurement processes, data, and strategy are flawed. Solution: Invest in change management, training, and procurement AI education.

Procurement team 52

Procurement team Procurement solutions Contract management Quality 52

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Procurement Insights

MARCH 5, 2024

I remember writing a post in 2015 about procurement’s “Generation Next” and the new capabilities they were bringing to the table. – [link] Here we are in 2024 – almost a decade later- and do the skills needed to excel in procurement align with the requirements of a very different world? Strategic thinking.

Procurement 84

Procurement Supply chain Negotiation Strategy 84

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . We expect procurement organizations will continue to enhance visibility, agility, and capability. .

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement team supply chain software solutions Sustainability 130

Spend Matters

OCTOBER 23, 2023

In the world of business, procurement departments play a pivotal role in shaping an organization’s success. However, in today’s fast-paced and data-driven landscape, simply managing procurement through traditional methods is no longer sufficient. AnyData is one such data expert.

Contract management 114

Contract management Contract Supplier relationship management Management 114

Una

MAY 2, 2023

When Should My Small Business Create a Procurement Function? Tips for small business owners on how to implement a procurement function as your organization scales – and before it’s too late. Because in our experience, small business owners inevitably reach for the procurement lever waaaaay too late.

supply chain software solutions 78

supply chain software solutions Procurement Supply chain Sourcing 78

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

e2e 130

e2e Suppliers Procurement Contract 130

The Good Spending

JUNE 14, 2024

Some applications of Nudge Theory in procurement Nudges can make procurement processes and governance less disturbing for end-users and contribute to value creation. They don't understand or appreciate procurement governance; they must buy stuff as soon as possible with minimal involvement. My Udemy course "Procurement Lab."

Procurement 59

Procurement Influencing Ethics Sourcing 59

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

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

The Supplier Experience

DECEMBER 13, 2022

The Role of Technology in the Future of Procurement with David Yarkin. For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. Digital transformation in Procurement. Why the suppliers’ perspective is important for procurement professionals.

Procurement 52

Procurement Buyers Business procurement Suppliers 52

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Barkers Procurement

OCTOBER 2, 2023

Why A Procurement Managed Service Can Transform Your Business Procurement is about more than just acquiring goods and services at the right time and at the best price for your business. You have to plan your procurement and align it with the overarching goals of the organisaton. Can you get them cheaper?

Management 52

Management Procurement Contract Contract management 52

Procurement Software

OCTOBER 1, 2024

The year I first tasted procurement. Procurement, or purchasing as it was usually called back then, was definitely a back office function. We’re in 2024, and procurement teams are still getting trapped in administrative work and firefighting. Why does Procurement get labelled as a back office function? Don’t get me wrong.

Procurement 52

Procurement Procurement team Real-time Visibility Influencing 52

Procurement Software

OCTOBER 17, 2023

Procurement spend data is often unstructured, difficult to interpret and unreliable as a source of truth. Poor data quality is one of the biggest challenges that procurement leaders face when embarking on a digital transformation or procurement excellence journey. Procurement’s dirty spend data: why, and what to do?

Data 59

Data Procurement supply chain budgeting supply chain software solutions 59

The Good Spending

MAY 13, 2024

NHS soon announced that the procurement process for the program would be structured to attract global IT players. Procurement learnings Unrealistic deadlines? How did procurement award contracts to at least two suppliers who relied on iSoft without a working platform? My Udemy course "Value-based Procurement."

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Barkers Procurement

NOVEMBER 15, 2023

There are several different reasons why you might wish to optimise your procurement department. Your business or organisation could be entering a new growth phase or a growth strategy phase. Then there are more straightforward business reasons such as the need to control costs and increase profitability.

Procurement 52

Procurement supply chain budgeting Business strategy Strategy 52

The Good Spending

DECEMBER 14, 2023

SaaS procurement negotiations in today's business ecosystem have evolved to encompass multifaceted strategic considerations beyond traditional software purchases. Understanding Modern SaaS Procurement SaaS procurement negotiations extend far beyond cost considerations.

Negotiation 59

Negotiation Procurement Contract Price 59

Positive Purchasing

NOVEMBER 7, 2022

Annabel Kaur-Barry, who leads digital and production procurement globally for Interpublic Group (IPG) – one of the ‘big four’ global advertising agencies – looks at sustainable procurement in the creative industry. Say, for example, you’re procuring an advert for a product launch. Communication is the simple answer.

Sustainability 52

Sustainability Procurement Price Suppliers 52

Una

NOVEMBER 1, 2023

For procurement professionals in particular, being aware of non-verbal communication is absolutely essential, especially in situations of high intensity or where first impressions make the difference in measurable outcomes. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Laura Scarfe.

Influencing 78

Influencing Negotiation Business procurement Sourcing 78

Una

JUNE 22, 2023

Taking an Advisory Approach to Procurement An inside look at how Una, the nation’s fastest growing group purchasing organization, works to take an advisory approach to procurement. Far too often, however, procurement departments are overworked and understaffed.

Procurement 52

Procurement Purchasing Procurement strategies Procurement team 52

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. This often includes how a procurement manager goes about ordering and paying for something. What is procurement? Good question.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

The Good Spending

MARCH 3, 2024

It all started in the attempt to understand the theoretical concept of servitization , i.e., the transformational shift from a product-centric to a service-centric business model and logic that we observe extensively in the area of IT procurement, in particular. My Udemy course "Value-based Procurement."

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurify

MAY 24, 2022

If it sounds familiar, you’d agree that manual procurement is very tedious and time-consuming. This explains why more organizations are adopting an e-procurement strategy. You need to create an e-procurement strategy that will guide your business procurement and supply processes.

Procurement strategies 52

Procurement strategies Strategy Procurement Cost of ownership 52