Spend Matters
AUGUST 15, 2024
Relying on a single vendor poses significant risks, creating single points of failure and reducing leverage in pricing negotiations for IT contracts and software licenses. This dependency also fosters complacency among legacy tech vendors, hindering innovation and regular updates.
Supply Chain Game Changer
SEPTEMBER 29, 2020
The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering. Raw Material Management.
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Skill Dynamics
OCTOBER 18, 2023
After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.
World of Procurement blog
MAY 8, 2024
Cost benchmarking and market intelligence Data visualization and reporting Predictive analytics for demand planning Data-driven procurement not only improves efficiency, but also empowers more strategic decision making to maximize value. Analytics capabilities include: Spend analysis by supplier, category, department, etc.
Empowering CPO
JUNE 27, 2023
By analyzing historical spending data, organizations can uncover insights such as: Seasonality: Understanding seasonal fluctuations in spending allows organizations to optimize procurement strategies and negotiate better deals during off-peak periods.
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