Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

supply chain software solutions 52

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

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Make them feel in control.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Una

JULY 6, 2022

Una does this by offering assistance on everything from supply chain management, data and analysis, education, and more. Supply Chain Management. A lot of resources can be eaten up by trying to manage the purchasing and negotiation processes with suppliers. Category Management.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. With a Ph.D.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Spend Matters

JANUARY 23, 2024

We see this with the incorporation of a LLM into SAP Ariba Category Management and the increasing role of Joule across our portfolio.” It’s also worth remembering that some elements of GenAI have seen use in procurement and supply chain applications for years. Take contract management, for example.

Category management 95

Category management Data Procurement supply chain software solutions 95

Procurement Express

DECEMBER 31, 2024

Admin staff might be responsible for ordering office supplies. Types of Indirect Spend Categories Managing indirect spend can feel overwhelming, especially when it spans so many categories. Heres a breakdown of the most common areas to watch: Office supplies : Everyday items like stationery, furniture, and technology.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Procurement Software

MARCH 19, 2024

It will take time before we have dedicated generative AI-driven procurement software. Generative AI’s current impact in procurement is best illustrated by tech-savvy procurement category managers leveraging apps like ChatGPT and Bard to streamline the execution of routine tasks. Let’s look at each one separately.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Arkestro

APRIL 25, 2023

In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. Project Complexity Construction projects involve numerous stakeholders, including architects, engineers, category managers, contractors, suppliers, and clients. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. You’ll also notice that Procurement is often talked about as part of the Supply Chain.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Procurement Software

APRIL 9, 2024

While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. They have a team of 10 procurement category managers. Each of those category managers earns $100,000 gross per year, which gives me a $1 million salary bill.

Category management 40

Category management Procurement supply chain budgeting Budget 40

Procurement Software

JULY 4, 2023

Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. Software can be used to not only assist procurement teams to automate manual processes such as data entry, document processing and vendor communication. What is procurement tech?

Supply Chain Efficiency 52

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

Supply Chain Game Changer

FEBRUARY 5, 2020

Subscribe to Supply Chain Game Changer. Note, don’t just implement tools from your ERP system which Finance most often dictates, just because its part of the software suite. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. What’s the Difference between Procurement and Purchasing?

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

Empowering CPO

JULY 2, 2023

Modern procurement services encompass a wide range of activities such as strategic sourcing, category management, contract negotiation, risk management, and supplier relationship management. Contract Management: Contract management involves the administration of contracts with suppliers.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

World of Procurement blog

MAY 10, 2024

Monitoring supplier relationships : AI can track supplier performance metrics, analyze contract terms for risks, and identify opportunities to improve supplier relationships. Enhancing contract management : Natural language processing enables AI to extract key data from contracts.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52