ivalua

FEBRUARY 25, 2021

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

FEBRUARY 27, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

Planergy

MARCH 18, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. What's PLANERGY? directly impact procurement budgets.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Toyota’s defined target approach.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

SCMDOJO

JUNE 28, 2024

10 years of experience in purchasing and procurement, the tobacco market in particular. Provide different consulting projects in procurement and purchasing Proven experience in the negotiation process. Maryna has: 5 years of experience in procurement training and consulting.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Supply Chain Game Changer

APRIL 15, 2020

Recent reports pictured about from Deloitte’s CPO Survey in 2019 found that 81% of Procurement Leaders aren’t satisfied with their solutions for Supply Chain Risk & Compliance, 71% aren’t satisfied with existing solutions for SIM, SRM & SPM, 64% aren’t satisfied with their solutions for Contract Management. Publications.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Integrating flexible contracts. Enhancing supply chain resilience. Integrating flexible contracts: .

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Purchasing is more transactional and tactical. Scope : Procurement spans the entire process from identifying requirements to contract closure.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Una

JUNE 5, 2024

Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility? By fostering strong relationships and aligning on shared goals, you can build a more resilient and responsive network. The lesson?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

NLPA (Next Level Purchasing Association)

JULY 30, 2024

This safeguards your supply chain from financial repercussions. Strengthen Contractual Agreements Review contract terms and incorporate force majeure clauses to protect your business from unforeseen circumstances. Additionally, it encourages suppliers to develop robust business continuity plans.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Contract 52

Procurement Software

APRIL 2, 2024

S2C Simple, user-friendly and easy-to-implement RFQ, supplier repository, and contract administration platform designed for the SME market. This allows you to get a pretty heavy-hitting tool without signing a long-term contract. What you can get is some basic Source to Contract (S2C) software.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. Key processes to automate include contract management, vendor management, invoicing, purchase orders, purchase requisitions.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

TYA Suite

JULY 17, 2024

This strategy outlines the methods and processes for selecting suppliers, negotiating contracts, , and ensuring that procurement activities align with the organization’s overall goals and objectives. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Arkestro

DECEMBER 12, 2022

Predictive Procurement Supports Supply Chain Resilience and Visibility. Westfall Technik is a global contract manufacturing company that provides end-to-end manufacturing solutions for the complete lifecycle of molded plastic parts. The result is a reduced reliance on manual intervention for repetitive tasks.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. But, it’s far more than just buying.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 30, 2023

These experts don’t just handle the purchasing, but they also bring in their knowledge, skills, and technology to streamline the process, manage risks, and ultimately, unlock greater value for the business. But in today’s complex business environment, procurement services have evolved beyond these basic functions.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Supply Chain Game Changer

MARCH 18, 2021

Centralized supplier, contract & spend control is difficult in any organization. But, as the complexity of a global supply network grows, so do the challenges associated with a growing supplier base; such as decreasing supply visibility, and increased supply chain risk. Source: Deloitte CPO Flash Survey 2020.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. This granularity allows procurement teams to identify specific areas for improvement, negotiate better contracts, and optimize supplier relationships.

Real-time Visibility 40

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

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance. Introduction A.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52