SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

ivalua

AUGUST 17, 2022

O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance. Additionally, O-I Glass intends to provide an optimized buying process with catalogues, guided buying, and an Amazon-like user experience.

Sourcing 130

Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

Procurement Insights

MARCH 20, 2024

The Numbers Don’t Lie Check out the following stats, then tell me why the sales process doesn’t have to evolve or morph into something new and dramatically different: McKinsey & Company echoes this sentiment, stating that two-thirds of the buying process is now done digitally. Regarding the Inc.

Procurement 86

Procurement Leadership Supply chain Buying process 86

Una

SEPTEMBER 22, 2022

Ultimate Guide to IT Procurement. A guide to IT procurement for navigating the complex IT sourcing process in a way that drives organizational efficiencies and improves your bottom line. Comprehensive Guide to IT Procurement. Procurement embodies purchasing across a wide range of categories.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

Jaggaer

MAY 14, 2019

Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. The procurement strategy . A S2P integrated software solution can provide information across all stages of the buying process.

Real-time Visibility 81

Real-time Visibility Buying process Procurement strategies Purchasing 81

Procurement Tactics

AUGUST 29, 2022

33 Procurement Interview Questions in 2022. Jacob Gorm Larsen is a recognized thought leader on digital procurement and the founder of Moneyball CPH which is a boutique consultancy that specializes in digital procurement. . He spent almost 17 years with Maersk, last as the head of digital procurement. First Name.

Negotiation 130

Negotiation Influencing Strategy Leadership 130

Arkestro

MARCH 13, 2023

Resources / Case Studies / Modernizing Mining Equipment Procurement with PPO Modernizing Mining Equipment Procurement with PPO Searles Valley Minerals is a mining and production company that produces salt, borax, pyrobor, sodium carbonate, and much more.

Bidding 52

Bidding Procurement Buyers Buying process 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. Remove the noise.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

SCMDOJO

DECEMBER 14, 2023

Limited Scope: Offers a more focused and individualized approach to the procurement process. Diverse Expertise: Leverages collective knowledge and resources for a more comprehensive and streamlined procurement process. From selecting shipping methods to managing customs clearance, the process can be complex.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Spend Matters

OCTOBER 4, 2024

Zip also hosted panels, Q&A sessions and more with various procurement and finance leaders from Prudential, Pixar, Arm, Coinbase and others. The changes come in conjunction with Zip’s expansion in broader procurement orchestration and into native source-to-pay capabilities, complementing its foundational intake management focus.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

The Thomas Blog

AUGUST 24, 2022

A lot of it depends on what type of materials, products, services, or company is needed, but at a high level, the complete industrial buying process actually involves six distinct phases: The buyer defines a need for a product or service. Impact The Industrial Buying Process Before The Sales Funnel. Sounds exhausting?

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Arkestro

JUNE 25, 2024

Resources / Blog / Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro For the oil and gas industry, the last few years have been anything but easy. Within these touch points are many other varied points.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

Procurement Software

OCTOBER 3, 2023

The topic of supplier consolidation is a popular one, especially across indirect procurement spend. It’s rarely strategic suppliers who cause procure-to-pay pain. It’s rarely strategic suppliers who cause procure-to-pay pain. First, let’s ask a simple question which is notoriously difficult for Procurement Manager to answer.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Procurement Software

MAY 28, 2024

Procurement KPIs and procurement metrics are crucial to measure the success of streamlined procurement process. However, many KPIs in procurement have become outdated. With AI and new generations of procurement tech, an alternative set of procurement metrics are necessary.

Procurement 52

Procurement Category management Procurement team Real-time Visibility 52

Procurement Software

MAY 30, 2023

Procurement continues to grow in stature. With this, the question of indirect procurement maturity must be tackled. However, there has been a trend happening over the last 10 or so years to incorporate more indirect spend under the management of corporate procurement teams. What is your total vendor count ?

Procurement 52

Procurement Procurement team Purchase orders Contract 52

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Whatever the reason for the over-complication of procurement terminology, it has become a mess, and it’s time to make a change!

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

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

Zycus Cognitive Procurement

NOVEMBER 16, 2021

In other words, the electronic Procurement system is the paradigm shift in the Procurement function. In bringing about this disruption, AI plays an indispensable role. Learn more: Start Your Cognitive Procurement Journey with Zycus. However, the question arises, does this pose a threat to the future of procurement jobs?

Procurement 40

Procurement Eprocurement Agile and Lean Supply Chain Supply Chain Efficiency 40

Zycus Cognitive Procurement

FEBRUARY 8, 2022

Need for Artificial intelligence in Procurement. As Procurement leaders plan their 2022 Savings targets, they are exploring new ways to unlock the full potential of their operations and realize its true value. It helps teams to automate mundane tasks and processes resulting in boosting productivity and cost-efficiency.

Procurement 40

Procurement Real-time Visibility Contract management Bidding 40

Zycus Cognitive Procurement

SEPTEMBER 2, 2021

Here are 8 points to bear in mind before implementing a Procurement technology solution : 1. PROCUREMENT CLOUD SOLUTION VS ON-PREM. One of the factors that determine the total cost of ownership of your procurement software is its implementation model. Choosing the wrong procurement software. Low User Adoption.

Procurement 40

Procurement Budget Cost of ownership Buying process 40

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Claritum

OCTOBER 30, 2017

Claritum Article - Procurement Blog. Can you increase your buying team’s efficiency? At Claritum, we work with procurement services organisations to help drive purchasing process efficiencies and savings. Inefficient buying processes. Figure 1: Claritum Buying Process Survey.

Buying process 32

Buying process Bidding Buyers Competitive bidding 32

Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend?

Change management 69

Change management Management Contract Buyers 69

The Procuretech Podcast

SEPTEMBER 14, 2021

Procurement volumes have massively shifted from goods to services over the past 10 years, as young tech companies have grown into major corporate entities. The other advantage from a procurement perspective is that this frees up resources in strategic procurement teams to focus on the activities which have the most business impact.

Management 52

Management Procurement team Contract Purchasing 52

Claritum

MAY 20, 2019

Claritum Article - Procurement Blog. Procurement automation should speed up processes and free employees from repetitive time-consuming administration. In procurement a high percentage of jobs and processes are repetitive which makes them ideal for automation. So how can you automate procurement effectively?

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32

Supply Chain Game Changer

AUGUST 26, 2021

Supplier Procurement of 800 unique parts from 50 other suppliers ——————————————————————? Refer to the below illustration (pardon the crudeness): “A” Item Example – BOM complexity, long lead time. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Procurement Express

FEBRUARY 28, 2022

It’s intended to be your introduction to the supplier market, and it works best in the early stages of the buying process. If you are still not sure which one you need, Procurement Express would be happy to help you figure it out. Request for Proposal (RFP).

Price 52

Price Suppliers Buying process Contract 52

Skill Dynamics

FEBRUARY 2, 2023

As we discussed in our previous blog , market pressures are driving change in both procurement and supply chain functions. The influencing groups Many organizations are looking to eLearning to drive impactful skill development at scale across various teams in supply chain and procurement.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Jaggaer

APRIL 2, 2019

Brown Convention Center, one of the largest events in the procurement world with over 2,500 attendees. Plus, JAGGAER is happy to be sponsoring ISM’s diversity breakfast panel, featuring even more accomplished women in procurement. If you’re in the market to buy, consider this: Where are you at in the buying process?

Leadership 66

Leadership Buying process Networking Import 66

Claritum

APRIL 5, 2019

Claritum Article - Procurement Blog. Bath, UK (April 5th, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that Print Strategy Europe had signed with Claritum for the supply of a solution for procurement of marketing promotional and print products. Transactional procurement oversight.

Strategy 32

Strategy Buying process Quality Spend management 32

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Procure-to-Pay (P2P) 3. How do you define an SME?

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

The Thomas Blog

JUNE 22, 2022

Today's buying process begins on the internet. Procurement Professionals. Innovative manufacturers and industrial companies use digital marketing to get more customers versus solely relying on traditional methods like in-person networking and trade shows. That means (at a minimum) you need a website that's up to date and modern.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. Katherina’s Three Top Takeaways Jonathan: And finally, what would be your three top takeaways for driving sustainable procurement?

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Claritum

JANUARY 25, 2019

Claritum Article - Procurement Blog. The level of understanding of procurement automation within a company influences significantly the adoption. There are many benefits for SMEs adopting Procurement automation. Better use of scarce resources to procure goods and services. A seamless and fast procurement process.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

Claritum

SEPTEMBER 1, 2020

There is a “purchasing system” and a “process”, however, there is no user-centric access to this. This is what a Buyer Portal provides – it is the user-friendly way of presenting a buying process. Shouldn’t you also be investing in systems that will help the wider organisation easily buy goods and services?

Eprocurement 32

Eprocurement Buyers Purchasing Purchase orders 32