ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.

Real-time Visibility 130

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

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups.

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Bonfire

APRIL 3, 2023

For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Claritum

FEBRUARY 14, 2019

Gaining Visibility and Control. Decentralised), the products having unique/custom requirements, and/or sensitive time-lines and quality standards that cannot be compromised. 3 Gaining Visibility and Control. How does an organisation gain visibility and control over a complex spend category? Introduction. Technology Hype.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Here’s why: 1. Comprehensive Supplier Network 2.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Bonfire

MARCH 29, 2022

Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option.

Procurement 52

Procurement Real-time Visibility Eprocurement Bidding 52

Claritum

FEBRUARY 4, 2020

In this article we look at what we think are the 5 most important steps towards effective eProcurement. Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Visibility. Without visibility of spend you cannot progress. Without visibility of spend you cannot progress.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? The following are the traditional areas associated with Procuring (Source: CIPS). Source/examine supplier options *. Time that can be spent on exploring opportunities associated with our second list above.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Claritum

JANUARY 25, 2019

Supply Chain eProcurement technology adoption poses a great many challenges for small to medium sized companies. See our article on eProcurement adoption for more details on this. What are the key drivers for SME adoption of Supply Chain Management eProcurement platforms? Effective and timely order fulfilment.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. and allows you plenty of time to find replacement suppliers should the quality or lead times of existing ones diminish.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

FEBRUARY 20, 2024

Apadua Apadua is a professional services sourcing software, based in Cologne, Germany. In addition, Explore uses information from Source and Monitor to update its database. Source is a safe and user-friendly guide through the RFP and awarding process. 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

Procurement Software

JULY 18, 2023

It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. They provide a simple and intuitive procurement solution for source-to-contract (S2C) for small and medium-sized enterprises. eSourcing allows for sourcing planning by facilitating questionnaires and evaluations.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Zycus Cognitive Procurement

NOVEMBER 29, 2022

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. You may provide better demand visibility to the vendor partner.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Procurement Software

APRIL 25, 2023

Indeed, in the current inflationary environment, it’s procurement that has real power to move both the top and bottom line. Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. Whether it’s visibility over your processes, enhancing your data , or contract management software.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Claritum

OCTOBER 3, 2017

Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies. Claritum automates sourcing, procurement and invoicing in one, easy-to-use, cloud based platform while enabling business users, customers, procurement experts, buyers and suppliers to collaborate globally and in real time.

Real-time Visibility 32

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

Claritum

MAY 20, 2019

Procurement automation should speed up processes and free employees from repetitive time-consuming administration. Common problems, in the procurement process, that can be fixed by automation include: the approval process is manual and time consuming. the sourcing process is too slow and difficult. a maverick buying problem.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32

Zycus Cognitive Procurement

DECEMBER 1, 2021

A McKinsey and University of Oxford research suggests that on average, large IT projects run 45% over budget and 7% over time while delivering 56% less value than predicted *. Every transformation journey is nothing short of an off-road adventure that can be compelling and challenging at the same time. Casino Royale.

Procurement 40

Procurement Real-time Visibility Budget Eprocurement 40

Procurement Insights

JANUARY 19, 2025

Comprehensive eProcurement platforms were not yet prevalent. PeopleSoft eProcurement : Before its acquisition by Oracle, PeopleSoft offered eProcurement solutions that streamlined purchasing processes for organizations. What were the top 10 procuretech solutions in 1995?

supply chain software solutions 52

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