Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. What many companies don’t realise though is that direct materials have been negotiated to death. Old school, pure-play price negotiations don’t work, especially in an inflationary market.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

JANUARY 29, 2020

Retail and tech expert Greg Petro says that, “ while the supply chain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”. Zara can have similar clothing in its shops just two weeks after a new design idea has appeared on the catwalk.

Collaboration 213

Collaboration Innovation Agile and Lean Supply Chain Procurement 213

Planergy

JANUARY 19, 2023

Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. While the main goal is to reduce costs and improve sourcing, it can also help improve supplier relationships, giving your organization a competitive advantage.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

MARCH 11, 2022

This is especially true when looking at how the supply chain and the management of external suppliers can play a pivotal role in a company’s ESG goals. When Procurement teams are seen as an integral part of a business’s value chain, the actions of Procurement can drive tangible added value such as: 1.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

This is especially true when looking at how the supply chain and the management of external suppliers can play a pivotal role in a company’s ESG goals. When Procurement teams are seen as an integral part of a business’s value chain, the actions of Procurement can drive tangible added value such as: 1.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Empowering CPO

JUNE 26, 2023

Cost Pressures: Healthcare organizations face significant cost pressures due to factors such as rising drug prices, expensive medical equipment, and the need to attract and retain skilled healthcare professionals. These cost pressures necessitate a strategic approach to spending and resource allocation.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52