Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

ivalua

JUNE 29, 2020

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Pipefy

JANUARY 31, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now 3 types of procurement methods Direct procurement Direct procurement deals with the purchasing of products or services that are essential to the business core. It’s more common for direct procurement to involve rigid purchasing (i.e.

Purchase orders 59

Purchase orders Purchasing Procurement Quantity 59

Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

SCMDOJO

FEBRUARY 14, 2024

How is marketing connected to my supply chain? The supply chain of your business has many components. That’s why you need to understand the relationship between supply chain and marketing and align them if you hope to maintain a competitive edge in the fast-paced world.

Supply Chain Optimization 52

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

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. Below, Ivalua’s Arnaud Malardé discusses 5 tangible, actionable strategies that buyers can implement to improve their sustainability efforts.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. 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.

Procurement 103

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 103

Pipefy

DECEMBER 10, 2022

The purchasing process is a critical element of a company’s overall procurement department. No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve. Standardization.

Purchasing 52

Purchasing Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Finale Inventory

JUNE 24, 2024

They streamline the sales workflow and enable businesses to provide a seamless and personalized purchasing experience for their customers. This ensures that customers can quickly find the products they are looking for and reduces the time and effort required for them to complete a purchase.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Purchasing 52

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 77

Supply Chain Optimization Material management Sourcing Influencing 77

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Purchasing 52

Spend Matters

OCTOBER 19, 2023

Calculum — Calculum is a cloud-based analytics solution that specializes in optimizing payment terms. It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. Its founders have extensive supply chain and enterprise technology experience.

Supply Chain Optimization 88

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 88

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. Subscribe Here! Email Address. Project-Based Procurement.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. These modules can be purchased separately or as one complete suite. FRDM FRDM is a software company specialising in supply chain risk management. The platform assists you in finding available parts.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

The Good Spending

JUNE 15, 2022

It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Arkestro

FEBRUARY 6, 2024

More and more, procurement professionals everywhere are seeing the value of using a platform like Arkestro for sourcing and spot purchase events, making their procurement processes more competitive, and driving cost savings. Supplier and Buyer Engagement In India, our team worked to train over 15 buyers.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Insights

OCTOBER 26, 2023

80% of your typical use case across Source to Pay happens on Merlin Chatbot, which is built into Microsoft Teams. based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. In Canada, the number of off-contract purchasing reached a staggering 79 percent.” Placing a requisition?

Change management 69

Change management Management Contract Buyers 69

Strategic Sourceror

AUGUST 3, 2022

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. It's just painful on the path from here to there." In response, their respective inventories have swelled.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

Strategic Sourceror

DECEMBER 20, 2022

When a warehouse receives an order from a customer, a multitude of actions take place for the desired item to be selected, handled, packaged, placed and shipped to the buyer. Seamlessly respond to market shifts in customer demand Underestimating demand proved to be a major supply chain dilemma for businesses during the pandemic.

Supply Chain Optimization 108

Supply Chain Optimization Supply Chain Efficiency Order Fulfillment Demand 108

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. To continue to optimize procurement processes, implement these lessons in future job orders.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Una

JUNE 8, 2023

In this article, we explore the factors that make a supplier strategic, touch on the popular Kraljic Matrix, and gain some valuable insights on strategic suppliers from Chandhrika Venkataraman, a former guest on The Sourcing Hero podcast. Top left] Leverage items: These items have a high profit impact and a low supply risk.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Solvoyo

DECEMBER 9, 2020

Traditionally, well-run RFI and RFP processes try to reduce the risk of deployment failure for the buyer via questions and a demo, and sometimes a proof-of-concept study with made-up data. If you are still planning to spend time and money to run a lengthy RFI/RFP process for a SaaS platform purchase, then we suggest you think twice.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

IBM Supply Chain Blog

APRIL 25, 2024

This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. Post purchase If a package is set to deliver during a specific window, can the customer trust it arrives during that time?

Strategy 82

Strategy Ethics Purchasing Data 82

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. Strategic procurement leverages data to reduce risks across the entire procure-to-pay process and identify opportunities for long-term and continuous forecasting and optimizations. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. Advanced techniques via elevated supply chain skills empower procurement teams to handle complicated interactions.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Inventory management starts with the fundamental in and out of your supply chain. If your business is small, separate applications can be purchased to piecemeal the jobs usually done in an ERP’s modules. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Complex purchasing systems (31%). Uncertain global markets.

Agile and Lean Supply Chain 59

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

Procurement Software

JUNE 13, 2023

All of these, as far as our research shows, are agnostic when it comes to the type of spend which can be sourced through the platforms. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. We love their UI/UX and can help you arrange a demo here.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86