Jaggaer

FEBRUARY 5, 2025

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. These four steps constitute the upstream source-to-contract part of the process. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Make them feel in control.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Gain valuable insights and knowledge to effectively manage total cost of ownership in today’s evolving business landscape.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

FEBRUARY 6, 2024

Then check our our free software directory. If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database. The company offers a simple and competitively priced contract management solution.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

World of Procurement blog

MAY 8, 2024

Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Conduct supply chain audits and due diligence on high-risk categories.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Insights

SEPTEMBER 13, 2024

The suite leverages artificial intelligence and machine learning to provide features like cognitive procurement, intelligent contract management, and predictive analytics. Zycus Intake management is conversational. It is also not bolted on like a quick band-aid on top of your legacy S2P software.

Procurement team 52

Procurement team Supplier negotiation Procurement supply chain software solutions 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. On-premise options have high upfront and maintenance costs compared to cloud solutions that use pay-as-you-go subscriptions without any investment.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Empowering CPO

JULY 5, 2023

Managed Procurement Services are an integral subset of business operations where an external provider manages and streamlines an organization’s procurement tasks. They often involve time-consuming manual processes, limited visibility into supplier performance, and difficulties in managing and analyzing large amounts of data.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Empowering CPO

JULY 2, 2023

How Procurement Fits into a Business’s Operations In the broader context of business operations, procurement is the crucial link between an organization’s internal needs and the external supply market. The outcome is not just cost savings but also improved supplier performance and risk mitigation.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. Globalization has made supply chains more complex and harder to manage.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Risk Mitigation: Category spend analysis helps identify potential risks associated with suppliers, such as single-source dependencies, supplier stability, or non-compliance issues. By proactively addressing these risks, organizations can minimize disruptions and ensure a reliable supply chain.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Empowering CPO

JUNE 27, 2023

Here are some key data sources to explore for comprehensive spend analysis: Procurement Systems: Internal procurement systems such as e-procurement platforms, purchase order systems, and contract management systems provide valuable data on purchasing activities, supplier information, and transaction details.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40