ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

ivalua

APRIL 19, 2022

Later in the day, Yannick Caharel, Chief Procurement Officer – Purchasing Director, Bulgari will present “Building the Sourcing Organization for Tomorrow” to discuss the structure, people and technology put in place to support their procurement vision and their holistic approach to ensure adoption across a diverse organization.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization Eprocurement Innovation 130

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

Real-time Visibility 130

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

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. However, failing to strategically measure purchasing performance can have significant impacts.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Procurement Insights

OCTOBER 26, 2023

based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. In Canada, the number of off-contract purchasing reached a staggering 79 percent.” The problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.”

Change management 69

Change management Management Contract Buyers 69

Jaggaer

DECEMBER 13, 2024

The point here is that you will find three types of offerings on the market: Partial P2P solutions These automate a part of the P2P process , such as eProcurement, invoicing or accounts payable. They render private companies uncompetitive and public sector organizations unable to optimize the value they deliver to citizens.

Supply Chain Efficiency 52

Supply Chain Efficiency Eprocurement Procurement Contract 52

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. In a manufacturing company, for example, operations might request a fresh supply of components or materials.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Purchase orders e2e 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Arkestro

MAY 9, 2023

Simply put, organizations still aren’t harnessing the power of technology to its full effect — and they’re missing out on countless opportunities to optimize spending, decision-making, sourcing, and results. Yet far too many procurement teams are failing to optimize this digital technology era.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. Conclusion Cashless procurement systems are not a silver bullet, but they represent a significant step forward in optimizing the procurement process. The post The Benefits of Cashless Procurement Systems appeared first on Next Level Purchasing Association (NLPA).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 14, 2023

These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Exploring Innovative Procurement Models A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Jaggaer

OCTOBER 8, 2019

Our survey shows that most procurement teams are there already with many applications: SRM, eSourcing, and eProcurement are in place. They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) 3) Optimize: Leverage new and emerging technologies. 4) The “Day of Digitalization”.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. This aims to provide accurate ordering that minimises purchasing mistakes. Promena’s Request Management enables you to quickly create purchase requisitions. It takes care of the full eProcurement lifecycle.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

ivalua

NOVEMBER 26, 2019

Then look at Sprint , where the handset division came up with the idea to effectively create their own marketplace for used handsets, configuring their sourcing product to run mass volumes of global forward auctions on used handsets to optimize the price received, generating over $1B in revenue in 2018.

Procurement 100

Procurement Sourcing Spend management Innovation 100

Claritum

OCTOBER 3, 2017

Recognizing these inefficiencies of purchasing marketing services across multiple countries, James Samuels and Paul Barker founded Claritum in 2002 to help companies streamline the purchasing of print and marketing services. Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Claritum

SEPTEMBER 27, 2018

The NfP also has a greater focus on adding social value to a supply chain. At the same time, a majority of NfP organizations would see their performance in terms of their efficiency in deploying resources: this relates to the optimal use of resources to obtain the results desired. In selecting suppliers. 3 Financials.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Procurement Insights

JANUARY 19, 2025

Comprehensive eProcurement platforms were not yet prevalent. Reference : SAP R/3 Oracle Financials : Overview : Oracle’s suite of financial applications included procurement capabilities, enabling organizations to manage purchasing activities within a broader financial management context.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization e2e 52