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Procurement transformation 2025: Why invest in procuretech and how to make the case – Prewave

Spend Matters

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. On an environmental level, progress toward targets needs to be measurable: not just at the customers company, but across their entire supply chain.

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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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Sales Order vs. Purchase Order – 8 Key Differences

Procurement Tactics

A sales order is a confirmation document a supplier/seller issued to the buyer. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information. What is a Sales Order?

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Supplier Collaboration Software — What You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

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ESG goals are a risk management necessity — An interview with Peter Smith

Spend Matters

The saliency of forced labor, human rights and other ESG concerns in supply chains continues to increase and poses a major risk to procurement practitioners and the business. So, the focus evolved from simply knowing about issues in the supply chain and avoiding them to working with suppliers to improve working conditions.

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

A company can gain a lot by applying the appropriate techniques and significant software usage. Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. This entire debate depends on robust management systems such as ERP and WMS. Click here!