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. Cost Management and Efficiency Optimization 5.

Real-time Visibility 64

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 64

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. 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. This shift offers numerous advantages for businesses of all sizes.

Supply Chain Efficiency 52

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

ivalua

APRIL 19, 2022

This year, we’ve invited a wide array of industry thought leaders to join 6 expert panels covering Data Integrity, Sourcing Optimization, Sustainable Procurement, Finance Procurement, Public Procurement, and Federal Procurement. . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization Eprocurement Innovation 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 52

Procurement strategies Strategy Procurement supply chain budgeting 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. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

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 there’s a disconnect between this belief and the actual behavior of most CPOs.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 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. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Empowering CPO

JUNE 14, 2023

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 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

ivalua

MARCH 14, 2019

Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. If procurement is to do more, it must be more efficient and free up capacity for higher value activities that support new strategic priorities. Compliance in Times of Uncertainty.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

Procurement Software

JUNE 13, 2023

It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment. Kritani’s eSourcing products allow you to build questionnaires, pricing sheets, and auctions, ensuring a high level of compliance and transparency.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Jaggaer

OCTOBER 8, 2019

As we noted in the report, the digital transformation of procurement involves many processes working in tandem rather than sequentially; data integration would also allow analytics applications to exploit data from one area of the value chain to improve performance and efficiency in another. 4) The “Day of Digitalization”.

Procurement 40

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

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. there is transparent flow of information.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Claritum

OCTOBER 3, 2017

Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies. By streamlining sourcing, supplier management, catalog, procurement and invoicing, it enables small and medium businesses and fast growth procurement services to optimize spend visibility, control, cost savings, and process efficiencies.

Real-time Visibility 32

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

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. Same applies to your team.

Procurement 130

Procurement Sourcing Spend management Innovation 130

Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. The problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.” Back To Square One?

Change management 69

Change management Management Contract Buyers 69