NLPA (Next Level Purchasing Association)

MAY 8, 2024

Only 6% of companies report full visibility on their supply chain , while 69% do not have total visibility. Supplier Collaboration: Work closely with your suppliers to identify potential cost-saving opportunities, such as volume discounts or early payment incentives.

Real-time Visibility 52

Real-time Visibility Supplier consolidation Suppliers supply chain software solutions 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Supplier Relationship Management : Build strong, collaborative relationships with key suppliers. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

NLPA (Next Level Purchasing Association)

AUGUST 11, 2024

Easier communication and collaboration : When working with nearshore suppliers, there is less of a time difference and cultural barrier, which can make communication and collaboration easier. You will need to weigh the potential cost savings of offshoring against the additional costs of transportation, communication, and collaboration.

Strategy 52

Strategy Quality supply chain software solutions Import 52

The Procuretech Podcast

SEPTEMBER 28, 2021

The constant challenge of poor data, inaccurate or missing taxonomies and battling with free text PO descriptions is what ultimately led them down the path of creating a software business to solve this problem at scale. Forrester White Paper . Useful Links. Adriano's LinkedIn profile. Creactives website. James' LinkedIn profile.

Data 52

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

NLPA (Next Level Purchasing Association)

JULY 20, 2023

Cultivating strong supplier partnerships enhances collaboration, fosters innovation, and ensures a reliable supply chain. Utilize modern analytics tools and software solutions to automate data collection, categorization, and visualization for accurate insights. Conclusion: Congratulations!

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Procurement Software

JULY 11, 2023

What is at the heart of this relationship not being more strategic or collaborative? Then we’ll go on to summarise where some of the opportunities for closer collaboration can be found. This helps to open the door to a more collaborative working relationship. How much cash is potentially being left on the table?

Procurement 52

Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. These competencies are essential for ensuring that organizations can secure the goods and services they need at the best possible value.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Procurement Software

MARCH 19, 2024

It will take time before we have dedicated generative AI-driven procurement software. Software applications such as Cirtuo and Capella are already offering guided category strategy creation. Contract Management We’re already seeing AI-driven redlining of contracts, and suggested clauses from inbuilt libraries in existing CLM software.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Zycus Cognitive Procurement

JULY 29, 2021

Driving supplier collaboration and innovation with technology: . Zycus is committed to building simple, intuitive, cost-effective, and highly scalable source-to-pay solutions for the future-ready enterprise. Transitioning from paper-based to digital processes. AI-driven technology to spearhead change.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain supply chain software solutions 40

Claritum

MARCH 29, 2019

If the software industry has one fault it is the tendency to add new features on an ongoing basis. The financial consequence of procurement actions, as well as the supply chain implications of these actions, make Procurement pivotal to the businesses financial and operational performance. White Paper Download.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40