Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth. What is a purchase order?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 106

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 106

Procurement Leaders

JANUARY 16, 2023

So, how we manage risk is what keeps me up at night… We try to be robust as a procurement organisation because, as a commodities company, risk is a part of our everyday life: we can have a crop failure, we can have a delivery failure, we can have a quality failure, so how do we handle that? . ” Stroup says.

Risk 246

Risk Management Risk management Strategic planning 246

All Things Supply Chain

APRIL 26, 2021

Most consumers realize that the products they purchase are the result of a global chain of suppliers and logistics. And while a global supply chain brings benefits in terms of…

Supply chain management 246

Supply chain management Supply chain management Supply chain Supply 246

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is a Purchase Order?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Procurement Tactics

DECEMBER 6, 2022

Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management. What is Spend Management?

Spend management 172

Spend management Management Real-time Visibility Budget 172

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Spend Matters

JANUARY 7, 2025

But cutting back on these costs never feels quite as urgent as purchases tied directly to revenue. As the scale of your spending grows, it becomes harder to manage without a dedicated procurement department or an updated process. This leads to redundant purchases, budget overruns and a lack of accountability.

Procurement 112

Procurement Purchasing Vendor relationships Suppliers 112

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software? Online Certification Program. ?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Additionally, we will tell you the skills needed to be a strategic sourcing manager. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

All Things Supply Chain

JULY 8, 2024

Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…

Data 130

Data Suppliers Management Purchasing 130

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Templates

JANUARY 17, 2024

What is demand management and why should we use it? Evidence of up to date internal management information availability. Evidence of up to date internal management information availability. Demand management embedded within the procurement process. Demand management is not a discipline in itself. SMT) level.

Demand 130

Demand Management Buyers Purchasing 130

Planergy

MARCH 10, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. But how can schools and trusts optimize their expense management?

Strategy 52

Strategy Management Budget Spend management 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. What's PLANERGY? How AP can improve relationships with your key suppliers.

Management 52

Management Budget Negotiation Purchasing 52

Procurement Insights

FEBRUARY 21, 2025

Key Features of a Metaprise: Beyond a Single Company: Instead of just managing procurement within one company, a Metaprise integrates multiple businesses, suppliers, and partners into one unified system. Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Spend Matters

DECEMBER 23, 2024

Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results and the DACH SME Procurement Barometer 2024. What do your customers prioritize when investing in procuretech?

Procurement 115

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 115

ProcurePort

MAY 27, 2020

Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team. Conducting a spend analysis of your company spend is a crucial step in reducing cost in your organization.

Procurement 254

Procurement Procurement team Purchasing Management 254

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Finale Inventory

JANUARY 27, 2025

Introduction A quickbooks barcode scanner transforms how small and medium-sized businesses handle their inventory management, bridging the gap between physical products and digital records. The journey to implementing effective barcode scanning with QuickBooks involves several key components, from initial setup to ongoing management.

Inventory 52

Inventory Real-time Visibility Management Inventory control 52

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Spend Matters

FEBRUARY 26, 2025

During one breakout session, Gideon Davis (Administrator, Nevada State Purchasing Division of the Department of Administration), Anna Shpigel (Deputy Assistant Secretary, Massachusetts), and Rose Svitak (Manager, MMCAPs Knowledge and Financial Management Team) talked about the importance of aligning procurement and finance.

Procurement 109

Procurement Bidding Contract management Data 109

Procurement Leaders

MARCH 10, 2023

For Mirela Boldu, senior programme manager – supplier risk management, managing these threats is crucial to the function. So risk will be one of the key metrics for purchasing in the future. As long as we nurture collaboration, have a strong team and have a clear process to follow, everything will fall into place.”

Collaboration 147

Collaboration Supply chain Management Risk management 147

Procurement Tactics

SEPTEMBER 8, 2022

Some referred to it as MRO purchasing which pertains to maintenance, repair, and operations due to its significance to keep the business running. . You may think that this is the same as tactical purchasing. However, it is not true due to the fact that tactical purchasing is focused on short-term transactional activity.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Planergy

MARCH 11, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. What's PLANERGY? How AP can improve relationships with your key suppliers.

Management 52

Management Purchasing Spend management Data 52

SCMDOJO

DECEMBER 29, 2024

Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students. However, this procurement course aims to introduce you to the procurement management and administration process.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Planergy

MARCH 10, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY?

Data 52

Data Management Budget Real-time Visibility 52

Spend Matters

OCTOBER 1, 2024

This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices.

Purchase orders 106

Purchase orders supply chain software solutions Management Supply Chain Efficiency 106

Procurement Tactics

AUGUST 25, 2022

Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . He is known as “the secret weapon of fortune 500 chief purchasing officers”. . Sebastian Chua.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

ivalua

JANUARY 13, 2021

Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. Think about all the users (requisitioners, approvers) of a P2P process and the amount of time they spend purchasing if the process is inefficient.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? With streamlined processes, purchasing products and services becomes faster, cheaper, and more efficient.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Freelancers

DECEMBER 23, 2024

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

Purchasing 87

Purchasing Collaboration Suppliers Supply chain 87

ivalua

JANUARY 31, 2023

As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software. To learn more about this new offering register for an upcoming live demo.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Spend Matters

DECEMBER 17, 2024

We provide an analysis that shows the savings they can expect to achieve when they put more spend under management and increase user adoption. The main drivers of the ROI analysis are Spend Compliance (user and supplier compliance for value realization), Process Improvement, Price Reduction and Cash Management.

Procurement 104

Procurement Change management Strategic sourcing Strategic sourcing 104