Remove Competitive bidding Remove e2e Remove Management
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Expanding the influence and impact of Procurement

Spend Matters

This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective. The most significant impact of implementing a spend analytics solution was providing the visibility and details behind the dollars spent on various Indirect spend categories.

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Reduction of Risk: Enable better risk and compliance management by enabling proactive mitigation and real-time monitoring with vendors.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. 100% visibility of sourcing processes. Competitive bidding to drive cost savings. Enforcement of procurement compliances.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Improvements to end-to-end supply chain efficiency.

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5 steps for Procurement to impact on financial results

Claritum

The Hackett Group summarises this well“The leadership and management challenges to create awareness, get support, and galvanize all the necessary stakeholders required to shape a winning team for this multi-disciplined sport of procurement are daunting. Securing competitive suppliers for Indirect Spend categories. Managing money well.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Competitive bidding, which optimises cost.

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Procurement as a strategic advisory resource

Claritum

The Category Manager needs to become more integrated into key business processes and more consultative in nature. For example in the Retail Sector, The Category Manager is moving to be an “In-store expert” in the visual merchandising, pricing, management, and sales of a certain group or type of products and not just a buyer.