Remove Category management Remove Procurement solutions Remove Strategic sourcing
article thumbnail

Spend Matters Future 5 2024 – Introducing True ValueHub

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Driving year-over-year sustainable procurement cost savings is among the top targets for most manufacturing companies.

article thumbnail

10 Digital Procurement Quick Wins

Procurement Software

Reduction in Admin Tasks and Data Entry Operational procurement processes require extensive administrative work, from entering supplier details in an ERP system, to processing purchase orders and reconciling invoices. Digital procurement solutions provide built-in analytics and reporting tools that simplify KPI measurement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

This week we spoke with Baber Farooq, Senior Vice President and Head of Market Strategy for SAP Procurement Solutions. Over the last few years, life has been an adventure for procurement professionals. Strategic sourcing remains critical, especially given our inflationary environment.

article thumbnail

Cirtuo: Vendor Analysis, 2022 Update — Strategy management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Analysis , P2P , Procurement Strategy & Planning , Spend Analysis , Strategic Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis updates an analysis of Cirtuo, a strategy management solution. Rarely is it a module that helps define the proper approach to a category.

article thumbnail

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

As for seasoned professionals, these advanced and standard procurement training courses provide a great opportunity for them to upskill and refresh their concepts and update themselves with the current industry best practices. Category Management plays a vital role in every business, regardless of its size. What is important?

article thumbnail

Q1 2024 Insider roundup: A deep dive into AI; following procurement tech market movements; updated coverage of 18 vendors

Spend Matters

In this quarter, the Spend Matters analyst team builds on this foundation by giving an overview of how vendors have implemented GenAI in their solutions. Not all implementations are the same, however.

article thumbnail

A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.