Jaggaer

FEBRUARY 20, 2025

Big data and digital technologies support the aggregation of purchases across business units to improve performance, provide better spend analysis, and drive business value. Category management: Whereas spend management aims to depict the entire landscape, category management fills in the detail for each major spend category.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Procurement Software

MARCH 16, 2025

Fewer Emails Procurement teams typically manage more suppliers than Sales teams do customers. Dealing with all of these contracts, sourcing events and purchase requests simultaneously, without a digital solution, results in email overload.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Software

AUGUST 27, 2024

The Procurement Category Manager role has been the backbone of the procurement profession over the past 20 years. In addition, supply chains and risk management have become more complex, requiring a less siloed and more joined-up approach to managing strategic suppliers. And herein lies the problem.

Category management 52

Category management Management Procurement Agile and Lean Supply Chain 52

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. Assessment of the supply market (who offers what?) Such categories are better suited to tactical sourcing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. For example, for everything that you procure, there will be a corresponding impact embodied in your purchase such as the water or carbon in its creation. What is closed loop spend management?

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

ivalua

AUGUST 17, 2022

The company provides packaging solutions to some of the world’s leading global food and beverage manufacturers including Coca-Cola, Heineken, Molson Coors, Nestle, and PepsiCo. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Sourcing 130

Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

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

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. What is procurement and purchasing Lesson 2. Types of procurement.

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

Positive Purchasing

NOVEMBER 1, 2023

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Going forward, I think we need to be far more entrepreneurial in our mindset as we solve the challenges of an increasingly global supply chain and diversified supply base.

Procurement 111

Procurement supply chain budgeting Category management Budget 111

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software?

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software?

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

Procurement Express

DECEMBER 31, 2024

However, these strategies often only account for direct procurement or the purchases associated with the products a company sells. Indirect spending, or those purchases that fall into the everything else categoryfrom IT equipment and professional services to payrollaren’t always held to the same standard. The list goes on.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Una

APRIL 9, 2024

How to (Actually) Transform Your Business with Group Purchasing Learn how to transform your business with group purchasing and add an average of 18-22% savings per category to your bottom line. I’m known to buy things on sale and shop around for the best price when making a larger purchase. I also like a good deal.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

The Procuretech Podcast

JULY 11, 2023

In this episode of the Procuretech Podcast, host James Meads is joined by a multiple published author, procurement training business owner and SaaS entrepreneur - Jonathan O'Brien, CEO of Positive Purchasing. Sustainability, supply chain risk, digital transformation and visibility. Category management is the first step.

Purchasing 40

Purchasing Category management Procurement supply chain budgeting 40

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

APRIL 4, 2024

Pere Sivecas , Spend Matters Development PM and Software Architect, has compiled a four-part video series that covers the basics you need to know, the first two of which are free while parts three and four require a basic Insider subscription.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

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

Procurement Templates

JANUARY 17, 2024

Demand management embedded within the procurement process. How is this considered throughout the supply chain and reported at a senior level. Organisation undertakes a full assessment of the waste within the supply chain in relation to risk-based existing contracts. a purchaser of simple machine tools).

Demand 130

Demand Management Buyers Purchasing 130

NLPA (Next Level Purchasing Association)

JANUARY 20, 2025

Inventory valuation plays a crucial role in procurement and supply chain management. This article explores the key differences, advantages, and practical considerations of FIFO LIFO for procurement and supply chain professionals. Works seamlessly with inventory management software to automate stock rotation.

Inventory 52

Inventory supply chain software solutions Management Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JANUARY 6, 2025

What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. Logistics & Supply Chain : Enhances throughput in distribution centers.

Procurement team 52

Procurement team Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

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

Future Purchasing

JANUARY 11, 2022

2021 saw a massive amount of challenge for procurement teams; supply chain management challenges, political changes, trade barriers, COVID related staff shortages in all areas, blocked ports and working from home have thrown it all up into the air. At its heart lie a few easy to apply concepts.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 52

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. These in turn can be used to inform better purchasing decisions and improve operational efficiencies.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 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

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. baking in benchmarking opportunity analytics more deeply and formally into the analytics, sourcing and category management applications).

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Supply Chain Game Changer

FEBRUARY 25, 2020

Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Thus it makes sense to have a Supplier Relationship Management program. He spent his entire career in Purchasing and Procurement. supplierrelationshipmanagement #procurement #purchasing.

Supplier relationship management 87

Supplier relationship management Suppliers Management Supply Chain Efficiency 87

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

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

Barkers Procurement

MARCH 26, 2023

You’re likely keen to cut costs, and a look at spending across the supply chain is one obvious way to do it, which can lead to significant savings. It’s essential for there to be clear communication between the top level management of the company and everyone involved in procurement.

Procurement 52

Procurement Purchase orders Supply Chain Efficiency supply chain software solutions 52

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The Procurement team need only to be able to monitor and report as needed on the flow of purchasing transactions. Supply chain optimisation.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The typical characteristics of tail spend are poor spend data and a relatively low value per purchase order. 2) Uncontrolled purchases. 3) Vendors not actively managed.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52