Procurement Express

DECEMBER 31, 2024

There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. By automating and optimizing procurement activities, it delivers value across multiple areas: Reduce manual processes.

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supply chain software solutions Purchase orders Procurement Real-time Visibility 40

EazyStock

MARCH 17, 2021

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Arkestro

JULY 30, 2024

Resources / Blog / Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

ivalua

SEPTEMBER 24, 2020

Invoice-to-Pay is therefore an integral part of the whole procurement process, and typically includes the following tasks: Rather than the traditional silo’s of Invoice processing, budget allocation and payments, ensuring AP is not an isolated process but part of the whole procurement journey is important. Invoice-to-Pay from Ivalua.

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e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

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Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

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

Supply Chain Game Changer

JANUARY 15, 2021

Subscribe to Supply Chain Game Changer. Lead generation is a pivotal process for business growth in any industry, including supply chain and logistics. In other words, they won’t eventually purchase your product or services. They may be the deciding factor for a lead on whether or not to purchase your services.

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supply chain 62

EazyStock

JUNE 21, 2022

Many more traditional supply chain strategies originated in a steadier business environment. Predictable business cycles and stable demand allowed supply chain professionals to focus less on solving challenges and more on cost reductions. The transition to cloud solutions in supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

EazyStock

JUNE 16, 2022

As global supply chains become more complex, disruption in one link in the chain can significantly impact other areas. Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. What is artificial intelligence?

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Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

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Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Solvoyo

DECEMBER 9, 2020

Traditionally, well-run RFI and RFP processes try to reduce the risk of deployment failure for the buyer via questions and a demo, and sometimes a proof-of-concept study with made-up data. If you are still planning to spend time and money to run a lengthy RFI/RFP process for a SaaS platform purchase, then we suggest you think twice.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Planergy

JANUARY 26, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can also include economic instability.

Risk 52

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

Arkestro

OCTOBER 3, 2024

SolutionMap contains 500+ RFI requirements across 15 procurement technology solutions with mandatory demos and impartial, anonymized customer ratings. Moreover, tech investment stakes are also higher than ever as budgets come under scrutiny and rapid savings/ROI is more important than ever.”

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Sourcing supply chain budgeting Supply Chain Optimization Ethics 52

Arkestro

OCTOBER 3, 2024

SolutionMap contains 500+ RFI requirements across 15 procurement technology solutions with mandatory demos and impartial, anonymized customer ratings. Moreover, tech investment stakes are also higher than ever as budgets come under scrutiny and rapid savings/ROI is more important than ever.”

Sourcing 52

Sourcing supply chain budgeting Supply Chain Optimization Ethics 52

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Planergy

MARCH 2, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

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supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

IBM Supply Chain Blog

MAY 1, 2023

Fundamentally, as a Cloud Operator, you need to ensure great end-user experiences while staying within budget. In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them. The diagrams below represent the IBM Turbonomic UI.

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Supply Chain Optimization supply chain budgeting Budget Cost optimization 79

Spend Matters

MAY 22, 2024

Fundamentally, it remains conservative, concerned mostly with purchase orders, invoices and control. And for spend: ‘What is my spend with certain supplies? How many purchase orders have there been over the year? Our interviewee suggests that: “The procurement industry itself is behind in terms of applications. It’s complicated.

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Procurement Data supply chain software solutions Contract 111

Planergy

JANUARY 19, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies.

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supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. With reserved instances you purchase upfront, often at a discount.

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Demand Purchasing Cost optimization Budget 67

Arkestro

NOVEMBER 14, 2023

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. Most Thanksgiving food purchases will be made the week prior to and the week of Thanksgiving.

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supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Planergy

AUGUST 8, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. When signing on a new supply customer, you must consider more than just a good-sounding product and price. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

NOVEMBER 29, 2022

Book a Live Demo. It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. Cristian Maradiaga. King Ocean. Benefits of Supplier Consolidation.

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Supplier consolidation Suppliers Risk supply chain budgeting 52

Arkestro

JUNE 20, 2023

You may face challenges such as choosing reliable suppliers, controlling costs, and managing orders. Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This is where cross-department collaboration comes into play.

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Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Shapiro Negotiations Institute

MARCH 6, 2025

When your prospect mentions their supply chain headaches, you can share how a similar company cut their logistics costs by 30%. Appeal to Emotions Data might convince the mind, but stories move hearts and purchase orders. Or perhaps Q4 budget constraints mean waiting until next quarter.

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Strategy Agile and Lean Supply Chain Negotiation supply chain budgeting 40

IBM Supply Chain Blog

OCTOBER 27, 2023

UEM provides real-time data on the endpoints, patches and updates, user security and device security, while device lifecycle management offers data on the device lifecycle and usage, helping decision-makers with take action on budgets. This way, IT teams can be both efficient and effective and keep the total cost of ownership under control.

Management 81

Management Cost of ownership Inventory Data 81

Arkestro

APRIL 11, 2023

With ever-changing customer demands and supply chain disruptions, the last thing you need is a complex sourcing strategy that can lead to engaging the wrong suppliers. An additional layer of complexity is added as the automotive supply chain relies on a tiered system which makes it mission critical to have timely deliveries.

Suppliers 52

Suppliers Raw materials supply chain budgeting Procurement 52

TYA Suite

AUGUST 26, 2024

With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity. It helps businesses streamline their purchasing activities, improve supplier relationships, and gain better control over spending.

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supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

Arkestro

MAY 23, 2023

For example, today’s procurement managers are tasked with juggling increasingly complex tasks, such as battling supply chain problems, accounting for rising costs, and assessing risk. Coupled with rising inflation and material costs, delays in global supply chains are creating a challenge to keep up with demand.

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Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 52

Spend Matters

JUNE 19, 2023

Why buy a Spend Analytics solution Spend analytics helps generate business-relevant spending insights across internal spenders and the supply base by leveraging historic and predictive datasets across the enterprise. SaaS licenses) and supply chain planning systems.

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Real-time Visibility Data e2e Quality 98

Supply Chain Trend

NOVEMBER 27, 2016

To get some answers for S&OP practitioners, Niels van Hove from Supply Chain Trend interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. To get some answers for S&OP practitioners, Supply Chain Trend interviewed a group of S&OP leaders.

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supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

EazyStock

JUNE 23, 2022

Gartner defines big data as: “…high-volume, -velocity and -variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making”. When it comes to supply chain and inventory management, the amount of data available can be overwhelming. Processing big data.

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Inventory Data Management Real-time Visibility 52

Planergy

AUGUST 16, 2022

Book a Live Demo. Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. Cristian Maradiaga. King Ocean. How AP can improve relationships with your key suppliers.

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Suppliers Management supply chain budgeting Supplier relationship management 52

Strategic Sourceror

JUNE 21, 2022

A McKinsey report shows that two-thirds of all ERP transformation projects have a negative ROI and three-quarters of them fail to stay on budget and end up taking far l onger than expected. This isn't an uncommon phenomenon either. 3 Success Tips for ERP Implementation 1. Brought to you by the StrategicSourceror.

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supply chain budgeting Supply Chain Optimization Strategic sourcing Strategic sourcing 52

Finale Inventory

JANUARY 27, 2025

Understanding Shipping Barcode Scanners Purpose and Function A shipping barcode scanner serves as a critical bridge between physical inventory and digital tracking systems in modern supply chain operations. This built-in verification process dramatically reduces costly mistakes like overselling or shipping wrong items.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Inventory Warehouse operations 52

Pipefy

MAY 22, 2024

A brief introduction to total cost of ownership (TCO) Total cost of ownership refers to all of the expenses that are incurred when purchasing, implementing, deploying, maintaining, and using a product, tool, or equipment. This also includes any time costs associated with downtime, training, or other productivity losses.

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