Remove Management Remove Market analysis Remove supply chain software solutions
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Intellyse: Vendor Analysis — Logistics and Contract Negotiation solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

The platform also provides supply chain analytics that targets pricing inconsistencies to ensure clients save money over time. This Vendor Analysis explores Intellyses platform, application and supporting services and delivers a competitive market analysis, complete with key analyst takeaways.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

By using PPV, managers can identify inefficiencies in cost-saving strategies by detecting cost overruns and underruns, allowing them to take corrective actions. During the planning phase, managers do not have an exact estimate of the costs they will incur for purchasing. It helps determine the accuracy of supplier pricing.

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State of Flux (SupplierBase): Vendor Analysis, 2022 Update (Part 1) — SxM solution overview, market analysis, tech selection tips

Spend Matters

To do so, the company provides services (consulting and training) and a software solution, SupplierBase, that supports the methodology and philosophy of State of Flux. State of Flux developed its approach based on the realization that many organizations practicing SRM do only Supplier Management. Read more. ).

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Commodity Trading — Everything You Should Know

Procurement Tactics

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

Key metrics were tied to cost reduction and spend under management. Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Collaboration with finance was transactional rather than strategic.

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Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Spend Analytics – Strategic sourcing starts with an analysis of product categories and spending patterns within the company.