ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. The Benefits of Source-to-Pay The market for S2P has evolved significantly in recent years, becoming an essential component of procurement strategy for most companies.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Jaggaer

OCTOBER 24, 2024

From bundling spend to identifying mutual efficiencies, these approaches not only drive down costs but also strengthen supplier relationships, ensuring sustainability and value over time. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Software

MAY 14, 2024

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Pipefy

JANUARY 11, 2023

A procurement transformation roadmap serves as a detailed brief of steps, timelines, risk planning, communication and collaboration needs or changes, and resources — whether it’s people or technology — that are required to achieve procurement transformation and sell the final vision to key stakeholders, such as leaders and procurement teams.

Strategy 52

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

Pipefy

JANUARY 9, 2023

These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks. Time-consuming invoice reconciliation (28%).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Procurement Express

SEPTEMBER 13, 2024

The Role of Procurement in Business Acquisition Procurement is often viewed as a back-office function, but it plays a pivotal role in the acquisition process. Companies looking to be sold or seeking acquisition targets must have their procurement strategies in place. Who Should Worry About Procurement?

Procurement 40

Procurement Procurement strategies Real-time Visibility Contract 40

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. What are e-procurement tools? E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Barkers Procurement

MAY 11, 2023

Choosing a good P2P software solution helps the organisation to enjoy greater compliance and control when it comes to vendors, contracts, regulations, buyers and accounts payable. Consider the bigger picture P2P is part of the wider procurement strategy, and your software should be as well.

Cost of ownership 52

Cost of ownership Real-time Visibility Purchase orders Procurement strategies 52

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

Procurement Software

MARCH 11, 2022

5 effective tail spend management strategies and how procurement technology can help. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Of course, procurement software can help you to achieve all of these much faster. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

5 effective tail spend management strategies and how procurement technology can help. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Of course, procurement software can help you to achieve all of these much faster. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

SCMDOJO

AUGUST 21, 2023

This extensive reach provides businesses with the opportunity to connect with various demographics and target markets, enabling them to broaden their brand’s visibility and potential customer base significantly. > Watch Now: 6 Characteristics to be a Good Buyer! > Impact on Supply Chain: Procurement4.0

Supply Chain Optimization 98

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

Empowering CPO

JUNE 27, 2023

It involves collecting, categorizing, and analyzing procurement data from various sources such as purchase orders, invoices, and contracts. It enables organizations to identify potential savings, negotiate better pricing, and implement cost-effective procurement strategies.

Supplier relationship management 52

Supplier relationship management Suppliers Management Negotiation 52

Pipefy

MAY 9, 2023

Monitoring procurement KPIs is a vital part of keeping track of an organization’s overall health and the smaller endeavors that contribute to that. 22 KPIs every procurement team should track As procurement has evolved so has the work of procurement teams, and especially so in recent years.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

World of Procurement blog

MAY 23, 2024

Delivery performance - Measure on-time delivery rates and lead times for each supplier. Reliable, on-time delivery is essential. Spend time getting to know prospective suppliers' operations, capabilities, and roadmaps when selecting preferred partners. Track on-time delivery, quality, responsiveness, and other KPIs.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

HICX

AUGUST 4, 2022

We took the opportunity at World Procurement Congress 2022 to ask leading practitioners and supplier experience experts for their thoughts on what this means for how we work with suppliers and the importance of understanding the suppliers’ perspective. Suppliers’ Perspective: Why it Matters? The tightening of the regulatory framework.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Procurement Software

FEBRUARY 6, 2024

It generates insights on bottlenecks, variants, and cycle times to drive process improvements. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. CostBits CostBits is an early-stage spend analytics software and one of few Nordic procurement startups focusing on smaller procurement teams.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Empowering CPO

JUNE 14, 2023

Definition and Purpose of Procurement Procurement is a multi-faceted function that goes beyond the simple acquisition of goods and services. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? The time is now – let’s get an action plan together! What are the implications?

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Jaggaer

MARCH 6, 2025

These reforms and similar ones in other countries open up opportunities for public sector buyers. Modern procurement technology will enable public sector entities to secure maximum benefits by simplifying compliance and freeing procurement professionals to focus on strategic initiatives.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52