Spend Matters

JUNE 19, 2023

What does an E-Procurement solution do? E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Procurement Software

MARCH 16, 2025

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.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

SCMDOJO

JULY 3, 2023

This blog intends to assist you through the labyrinth of procurement training by pointing out the most reliable courses that fit your objectives and aspirations and hence act as your compass in the realm of procurement training, whether you’re hoping to break into the sector, looking to up skill, or yearning for promotion chances.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

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.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. Procurement as a growth partner to the business. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. Procurement as a growth partner to the business. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. In today’s ever-competitive business landscape, strategic cost reduction has become more than just a desirable goal; it’s a vital necessity for survival and growth.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40