ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Tactics

JULY 20, 2023

But with Supplier order management software, businesses can now automate and optimize these processes, resulting in improved efficiency, cost savings, better customer services, reducing manual errors, and optimizing the overall procurement flow. This automation saves time and effort, making the procurement process more efficient.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Supply chain mapping has plenty of more far-reaching benefits, too.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Supply chain mapping has plenty of more far-reaching benefits, too.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities? Here are a few of the top concerns we’re hearing.

Procurement 105

Procurement Supply Chain Efficiency Category management e2e 105

Jaggaer

DECEMBER 13, 2024

Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Opz

JANUARY 22, 2016

Then, executives need supply chain technology to stay ahead of the game. Markus Rosemann, Vice President for Logistics and Order Fulfillment, SAP There is a great opportunity for technology to relate massive amounts of data from sensors, telematics systems and RFID tagged items in the Supply Chain and Logistics industries.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

Jaggaer

OCTOBER 24, 2024

2: Invest in Relationship Management Supplier relationship management (SRM) can foster a culture of transparency between businesses and their suppliers. As these reinforce each other, efficiency and alignment improve across your supply chain operations. This establishes a foundation for streamlined collaboration.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

JUNE 27, 2022

The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard. Brands like Coca-Cola and Nike will now have to spend a vast amount of money scrutinizing their supply chains and potentially finding new suppliers. It’s time for a plan.

Import 52

Import Supply Chain Efficiency Agile and Lean Supply Chain e2e 52

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. This means bringing the right people — including procurement — to the strategy table.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 28, 2020

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. The Procurement Value Chain Continuum. Procurement 101.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Jaggaer

DECEMBER 13, 2024

Understanding P2P: The Core of Effective Procurement The procure -to-pay (P2P) process drives purchasing efficiency for organizations of all sizes, covering every stage from initial requisition to final payment. A user-friendly, cloud based P2P system ensures adoption and fosters company-wide visibility and efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Purchase orders e2e 52

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. What Are the Biggest Procurement Challenges in Health and Pharma? It’s vital that supplies are predictable, so you can get the products and services you need.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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. Steps to a successful procurement strategy Key steps to develop an effective procurement strategy include: 1.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Procurement Software

JUNE 4, 2024

While procurement technology for indirect spend continues to flourish, we’re now also seeing a new wave of great tech platforms for direct spend and component parts. As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up.

Supply Chain Efficiency 52

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

Procurement Software

JULY 4, 2023

Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. It aims to make the procurement process more efficient, transparent, and cost-effective. What is procurement tech? What technologies power digital procurement tools?

Supply Chain Efficiency 52

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

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Arkestro

JUNE 6, 2023

We’ll break them down into two groups: efficiency and ROI. Efficiency Both CFOs and CPOs prioritize efficient spending down to the last dollar. Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase?

Supply Chain Efficiency 52

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

Pipefy

JANUARY 4, 2023

But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.”

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

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

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . What is procurement transformation?

Strategy 52

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

Claritum

NOVEMBER 16, 2018

The procurement environment is dynamic and constantly changing with many influences: political, environmental and technological. With Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the organisation. Supply chain optimisation.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Supply Chain Game Changer

APRIL 23, 2019

Subscribe to Supply Chain Game Changer. The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. The Procurement Value Chain Continuum. The starting point is defining where you Procurement team is on the Procurement Value Chain continuum.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Pipefy

MAY 23, 2023

It also provides visibility into your entire invoice workflow, from issuance to payment. Automating these tasks frees procurement teams to focus their working hours where they’re most needed. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. It has subsidiaries in Europe and in Egypt.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Zycus Cognitive Procurement

MARCH 25, 2021

What are the main benefits of E-Invoicing that procurement and AP-finance teams can leverage? Streamlined & efficient processes that reduce the turnaround time . Enabling the team to leave behind tasks that are often repetitive and time-consuming by nature makes room for strategic tasks that add value. Reduced Risk.

e2e 40

e2e Real-time Visibility Supply Chain Efficiency Buyers 40

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

Procurement 52

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

Zycus Cognitive Procurement

DECEMBER 10, 2021

The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Pipefy

MAY 9, 2023

Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation. Monitoring procurement KPIs is a vital part of keeping track of an organization’s overall health and the smaller endeavors that contribute to that.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52