Market analysis Procurement supply chain budgeting 
Procurement Insights
JANUARY 3, 2025
It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Key metrics were tied to cost reduction and spend under management.
SCMDOJO
MARCH 24, 2025
A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. Every business aims to increase its profit margin, and one effective way to achieve this is by cutting costs. per unit, reducing the actual cost to $90,000.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Jaggaer
FEBRUARY 5, 2025
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.
Spend Matters
JULY 14, 2022
Categories: Procurement Systems & Architecture , Professional Services , Solution Providers , Sourcing , Technology Tags: PRO This three-part Spend Matters PRO Vendor Analysis focuses on Efficio’s eFlow, the company's S2C solution. London-based Efficio is the world's largest pure-play procurement and supply chain consultancy (i.e.,
Una
NOVEMBER 9, 2022
Understanding 10 Stages of the Procurement Cycle. The procurement cycle outlines the key steps procurement professionals should be taking each time they source and procure new goods and services. The procurement cycle. Complete a market analysis. How to Improve Procurement Efficiency.
NLPA (Next Level Purchasing Association)
MARCH 16, 2023
Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. However, I also recognize that we need to balance cost savings with the need to invest in the future.
Procurement Tactics
SEPTEMBER 9, 2022
33 Procurement Interview Questions in 2022. However, we are sure that not all procurement professionals have heard this matrix. Additionally, this will allow you to improve your procurement strategy. Thus, it makes procurement a strategic activity rather than transactional activity. First Name. Download Free Whitepaper ?.
Expert insights. Personalized for you.
52 
Let's personalize your content