Skill Dynamics

FEBRUARY 4, 2025

Its also vital that you effectively manage supplier contracts to reduce risk and maximize supplier value. Rights and responsibilities should be outlined clearly from the beginning to set expectations, with proactive risk management occurring continuously to mitigate any risks that arise with individual suppliers.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

ivalua

SEPTEMBER 10, 2020

We are proud to have helped the majority of Nordic global companies to increase collaboration, improve risk management and act more sustainable. Stretch help our clients to increase the contribution from procurement. Our approach is to provide both world class solution consulting and business advisory services.

Procurement 100

Procurement Eprocurement Spend management Leadership 100

Jaggaer

FEBRUARY 20, 2025

But before this can happen someone has to identify suitable vendors to secure goods and services at the best value (not necessarily the lowest price) within a variety of constraints (risk management, ESG and regulatory factors etc.).

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Jaggaer

APRIL 18, 2019

Core activities like spend analysis are moving toward real-time, custom and predictive analytics, while less-mature analytics functions like risk management will join procurement’s list of fundamental responsibilities. Improve analytical capabilities. This implies close cooperation with IT. Align skills and talent with business needs.

Procurement 78

Procurement Supplier relationship management Eprocurement Risk management 78

ivalua

JANUARY 21, 2020

The next level of risk management might include identifying and tracking subcontractors and second tier suppliers as well as general contractors/first tier suppliers. While eProcurement punchout catalogs are a popular solution, they only work in some categories of spend and are prone to compliance problems.

Procurement 100

Procurement Eprocurement Suppliers Bidding 100

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

Supply Chain Game Changer

JANUARY 21, 2020

While some technology providers providing an eSourcing platform may take on more of an S2P functionality and might have Contract Management and ePurchasing as part of their platform, it’s not technically under the umbrella of eSourcing in specifics. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

Jaggaer

DECEMBER 13, 2024

Source-to-pay is strategic in nature, emphasizing the importance of identifying the best suppliers and negotiating the best terms but also supplier collaboration, cost optimization, risk management, and innovation. These will all drive performance that will reveal itself in P2P.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

ivalua

MARCH 14, 2019

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. .” It is not a surprise that the responsibilities of today’s CPOs are evolving fast compared to the ones they had in the past years. Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

Skill Dynamics

JULY 19, 2024

Before beginning, set clear procurement objectives, focusing on areas such as cost reduction, quality improvement, fostering innovation and risk management. Good contract management can prevent misunderstandings and disputes down the road.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Barkers Procurement

MAY 25, 2023

We work in partnership with our clients to: Identify and analyse tail spend Agree scope and opportunity Utilise our ‘Procurement As A Service’ expertise to deliver savings, consolidation and control improving compliance and reducing risk Manage tail spend on your behalf on an ongoing basis What are the benefits?

Spend management 52

Spend management Import Management Eprocurement 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

Properly identifying and mitigating risks is essential to ensuring success and sustainability. Properly identifying and mitigating risks is essential to ensuring success and sustainability. Streamline procurement activities and reduce costs by using eProcurement and Internet Reverse Auctions. •

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Barkers Procurement

AUGUST 2, 2023

Our approach is simple; we work in partnership with our clients to: Provide enhanced spend visibility through analytics Agree on scope and opportunity Utilise our Procurement As A Service expertise to deliver savings, consolidation and control, improving compliance and reducing risk Manage on your behalf on an ongoing basis What are the Benefits?

Supply Chain Efficiency 52

Supply Chain Efficiency e2e Procurement supply chain budgeting 52

Claritum

MAY 2, 2019

However, Procurement is also driving or a key player in: Environmental impact analysis (risk management). Ethical checks and assurances (risk management). Identification and risk analysis for Global economic factors (trade wars, Government interventions…). Governance and Regulatory factors *.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It now plays a crucial role in cost savings, risk management, and value creation for organizations.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Jaggaer

JUNE 28, 2019

Interest in predictive analytics is focused on risk management and spend management processes. According to our survey respondents, the technologies that have the highest potential in this regard are supplier management, eProcurement, and eSourcing.

Procurement 58

Procurement Budget Category management Data 58

Supply Chain Game Changer

MAY 8, 2019

While some technology providers providing an eSourcing platform may take on more of an S2P functionality and might have Contract Management and ePurchasing as part of their platform, it’s not technically under the umbrella of eSourcing in specifics. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.

Procurement 140

Procurement Contract Risk Suppliers 140

Pipefy

MAY 9, 2023

Criteria to consider when deciding the right headcount are workload size, sector size (the public sector is typically far larger than that of the private sector), and the capabilities of your eProcurement tool or BPM software. The spend-per-employee KPI is made up of the expenditures related to a business’s procurement operations.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Claritum

NOVEMBER 16, 2018

This automation can be achieved with either the right investment in eProcurement technology (platforms that enable users to buy goods and services without involving procurement people.) Risk management and governance. Certainly wasting procurement time in irrelevant details. Supply chain optimisation.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Claritum

MAY 12, 2019

Risk Management. Contract management. Risk management. Risk management. Risk management. Supply chain alternative routing or sourcing. Automated interactions with suppliers and customers (internal or external). Augmented Intelligence for Procurement professionals. Audit Trails.

Procurement 36

Procurement supply chain software solutions Supply Chain Efficiency Risk management 36

Procurement Software

JUNE 13, 2023

CF Suite, Curtis Fitch’s procurement software, offers a complete sourcing and contract-management solution. It takes care of the full eProcurement lifecycle. Cotiss also provides contract and risk management features, such as master templates, simplified awarding, and customisable risk settings.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management. Key Data: Founder / CEO: Gregory N. The platform is especially suited for SMEs.

Supply Chain Efficiency 59

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

Claritum

AUGUST 4, 2020

This automation can be achieved with either the right investment in eProcurement. Risk management and governance. The user needs to focus on the specific. details of any purchase: if procurement is involved, in a direct line in the process, this will be a very inefficient purchase process. without involving procurement people.)

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. Traditional methods are struggling to keep pace with the complexity and dynamism of modern commerce. In this evolving landscape, cashless procurement systems are emerging as a powerful tool for businesses to streamline operations, enhance transparency, and gain a competitive edge.

Supply Chain Efficiency 52

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

Procurement Insights

JANUARY 19, 2025

Comprehensive eProcurement platforms were not yet prevalent. However, a few pioneering solutions began to emerge, laying the groundwork for future advancements: American Management Systems (AMS) Procurement Desktop-Defense (PD) : Overview : AMS developed PD as part of the U.S. Robust supplier risk management tools.

supply chain software solutions 52

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