ivalua

MARCH 1, 2022

We expect procurement organizations will continue to enhance visibility, agility, and capability. . Supplier spend is changing rapidly and organizations must manage supplier spend by identifying the shift in the current inflation (adjusted price of the supplier’s goods). REDUCE SPEND COST .

Agile and Lean Supply Chain 130

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

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. Previously published on Capgemini’s website.

e2e 130

e2e Suppliers Procurement Contract 130

Supply Chain Game Changer

MAY 26, 2020

With the promise of future business awards Procurement is largely responsible for finding and qualifying potential new suppliers. Once there is a pool of suppliers Procurement conducts and leads the quotation and supplier selection process culminating in the award of business. The Responsibility.

Procurement 105

Procurement Purchase orders Supply Chain Optimization Ethics 105

Procurement Heads

NOVEMBER 15, 2022

All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehend The Business, Understanding The Procurement Structure and Strategise For The Future. Comprehend the business. Compromise when required to reach the end goal.

Procurement 130

Procurement Procurement team Budget Import 130

TYA Suite

JANUARY 27, 2025

Advanced Features of Procurement Management Systems are advanced features of procurement management systems that enable electronic transactions between buyers and suppliers. E-procurement solutions also provide real-time access to market data, enabling real estate companies to make informed purchasing decisions.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Supply Chain Game Changer

JULY 14, 2021

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. 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

Una

NOVEMBER 30, 2022

Procurement departments are adopting digital sourcing strategies to automate routine processes and fill employment gaps. Going digital also shows real-time value through more accurate spending transparency, better supplier relationship management, and advanced leveraging of data and analytics. . We invite you to reach out to us.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

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. With David we discussed: The importance of understanding suppliers’ historical performance.

Procurement 52

Procurement Buyers Business procurement Suppliers 52

Procurement Insights

JANUARY 22, 2025

In a business context, the constraint could be: A production bottleneck in manufacturing. A slow supplier in procurement. Example: If a slow supplier is the constraint, adjusting production schedules to align with delivery times can prevent excess inventory buildup. Expanding supplier partnerships.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

SCMDOJO

SEPTEMBER 18, 2023

Sourcing: Sourcing is the systematic process of identifying, evaluating, and selecting suppliers or vendors who can provide the necessary goods or services for a company. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Procurement 105

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

Una

MAY 2, 2023

Like the anthropomorphic dog in the This is Fine meme , they’ve been denying the need to get to grips with their business spend despite a conflagration consisting of out-of-control costs, spiraling regulatory risk, and messy supplier relationships. Source Instead of launching procurement in a reactive panic, a lot of stress (and money!)

supply chain software solutions 78

supply chain software solutions Procurement Supply chain Sourcing 78

Jaggaer

JUNE 28, 2024

Equipped with the right technology and more time, managers and directors state that they would be able to grow the business and drive competitive advantage (51%), increase profitability and lower costs (43%), improve internal efficiency (40%), and strengthen supplier relationships (31%). Generative AI offers workload relief.

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services. By leveraging technology, it helps businesses manage their purchasing activities through electronic methods.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services. By leveraging technology, it helps businesses manage their purchasing activities through electronic methods.

supply chain software solutions 52

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

HICX

MARCH 10, 2023

By Costas Xyloyiannis, supplier experience expert and CEO of HICX When ESG rose to the top of the board agenda, leader needed to see how compliant and ready their businesses were across multiple areas. To gain this clarity, they sought a department that could capture, analyse and report on supplier information.

Procurement 52

Procurement supply chain software solutions Agile and Lean Supply Chain Suppliers 52

Una

JUNE 6, 2024

Procurement's role in building social license Procurement’s traditional domain has been managing supplier relationships and optimizing costs. One powerful way procurement can contribute is through intentional supplier selection and management.

Procurement team 52

Procurement team Ethics Suppliers Procurement 52

Procurement Insights

JUNE 3, 2024

Over the past three decades, the focus of my research – including detailed case studies on companies such as Tesco , Walmart , Target , and PepsiCo from the perspective of the consumer, retailer, and suppliers is one of the reasons I am looking forward to the above webinar. But how do retailers navigate this complex terrain?

Supply Chain Optimization 87

Supply Chain Optimization Price Supply chain Strategy 87

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

Procurement Insights

SEPTEMBER 17, 2024

Here are 10 of the top procurement blogs in the industry, known for providing valuable insights, trends, and best practices: Spend Matters One of the most influential blogs in procurement, Spend Matters covers a wide range of procurement topics, including technology, supplier management, and sourcing trends.

Chief Procurement Officer 69

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Supply chain management 69

Barkers Procurement

JUNE 21, 2023

Improved capabilities for conducting sourcing events such as analytics of supplier bids and efficient feedback loops, enable more effective negotiation tactics resulting in significant savings rates. Suppliers can be classified, tracked against performance targets and measured all under one single platform.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. S2P begins much earlier than P2P within procurement and encompasses many additional steps than P2P.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

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.

Management 52

Management Procurement Contract Contract management 52

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. From the moment you converse with a supplier, say, ‘This is how I want creativity to happen.’

Sustainability 52

Sustainability Procurement Price Suppliers 52

The Good Spending

APRIL 2, 2023

Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it. When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Budget Category management 98

Zycus Cognitive Procurement

DECEMBER 15, 2022

Supply chain management has long been characterized by the need to source and aggregate goods from various vendors, manufacturers, and suppliers across a wide geographic area. Zycus provides a risk management module to help measure supplier performance by setting KPIs and evaluating suppliers against those KPIs.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

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

Procurify

MAY 24, 2022

You are staring at Excel sheets trying to make sense of the numbers before the important meeting with your largest supplier that starts in a few minutes. . 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.

Procurement strategies 52

Procurement strategies Strategy Procurement Cost of ownership 52

Arkestro

NOVEMBER 7, 2023

In this blog, we’ll explore procurement’s role today and the factors, tools, and players setting the stage for procurement to finally move from a reactionary function into a strategic partner. A New Paradigm in Procurement In 2023, an overwhelming 95% of manufacturers plan to ask their suppliers for cost reductions.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. However, this approach had its flaws.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

World of Procurement blog

JANUARY 19, 2022

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. There are many options in the tech space to track supply chain and supplier risk in real time.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement supply chain software solutions Supply Chain Efficiency 52

Procurement Software

FEBRUARY 20, 2024

Weproc offers features for: Procurement Management Product Management Contract Management Supplier Management Budget Management Accounting Basic Analytics Weproc also aims to put user experience first. Thinking Machine offers a quick way to identify discrepancies in supplier invoices.

Supply Chain Efficiency 59

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

Procurement Software

OCTOBER 17, 2023

Industrial Manufacturing In manufacturing businesses, it’s pretty normal that Procurement reports into Operations. It stands to reason that if 60-70% of revenue in these businesses is spent on goods and services from external suppliers, then Procurement and Operations are going to be heavily dependent on each other to succeed.

Data 59

Data Procurement supply chain budgeting supply chain software solutions 59

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Pipefy

MAY 9, 2023

To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. This is why supplier diversity is so important.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

The Good Spending

OCTOBER 16, 2023

This post will review a research study addressing the procurement challenges of the information asymmetry between buyers and suppliers in digital transformation. In this scenario, traditional procurement approaches relying on well-known information about suppliers become inadequate due to the lack of accessibility to crucial details.

Negotiation 59

Negotiation Buyers Price Quality 59

The Good Spending

SEPTEMBER 17, 2024

Buyer Actions and Game Theory Procurement decisions can be viewed as a series of strategic games in which both the buyer and the supplier have competing (and sometimes aligned) objectives. The critical buyer actions— negotiate, cooperate, optimize, or terminate—all have varying payoffs based on how suppliers are likely to respond.

Procurement 45

Procurement Buyers Negotiation Risk 45

Empowering CPO

JUNE 9, 2023

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. They may include measurements like procurement cycle time, order accuracy, or automation rate.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52