The Procuretech Podcast

MARCH 15, 2022

More transparency. They have varying transparency when it comes to how these lists are put together. That's why we feel that a lot of the detailed research and white papers are unnecessarily complex. Do you need to pay several thousand dollars for a white paper you'll probably never read in full? No Jargon!

supply chain software solutions 52

supply chain software solutions Procurement Supply Chain Efficiency Market knowledge 52

NLPA (Next Level Purchasing Association)

JANUARY 16, 2024

This broader view recognizes that procurement can contribute value in numerous ways, including: Boosting Sales Growth : Procurement plays a vital role in ensuring the availability of high-quality materials and services at competitive prices. Reduced risk : Track the number and severity of supply chain disruptions or quality issues avoided.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

In today’s competitive landscape, getting the best price isn’t enough. Step 3: Develop Sourcing Strategies : Consider different sourcing strategies, like single-sourcing (reliable supplier, high volume) vs. multi-sourcing (competitive pricing, risk mitigation). This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

SupplyShift

JANUARY 24, 2019

This article is an excerpt from our white paper, The Sustainable CMO: How sustainability is transforming the role of the CMO, written in collaboration with RF| BINDER and Possible. Click here to download the full white paper. So, recovering the share price was not without cost to Chipotle. MANAGING RISK a.

Leadership 40

Leadership Sustainability Supply Chain Efficiency Price 40

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

The Network Effect

OCTOBER 1, 2014

I was speaking at a large conference about the major impacts of globalization, technology, and supply chain on commerce. But with the power of the internet and the large number of manufacturing companies selling online, today’s B2B customer is shopping online for prices.

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

Supply Chain Game Changer

FEBRUARY 9, 2022

Subscribe to Supply Chain Game Changer. These activities always require a balance between certain elements: purpose, time, price, and quality. ”. So how to manage projects efficiently and without unnecessary nerves, and further increase the efficiency of employees? Subscribe Here! Email Address.

Project management 80

Project management supply chain software solutions Management supply chain budgeting 80

NLPA (Next Level Purchasing Association)

JULY 20, 2023

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. Cultivating strong supplier partnerships enhances collaboration, fosters innovation, and ensures a reliable supply chain.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Claritum

FEBRUARY 14, 2019

Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management. Pricing complexity.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

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. Failure to conduct benchmarking can lead to missed cost savings, efficiency improvements, and process optimization opportunities.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Claritum

MARCH 29, 2019

We have all had experience of the introduction of new IT systems that frankly make processes more complex and seem to have somewhere along the line missed the original objective of making the process more efficient. In fact, in attempting to automate the whole process many systems fail to achieve even the basic goal of efficient operation.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40

Procurement Software

JULY 11, 2023

Operations and accounting are three disparate parts of organizations that are simply not equipped to efficiently share information and work together so that individual expenses are optimally managed. If it doesn’t have a last price paid or standard cost, you need to find another way of tracking this. No, it doesn’t matter.

Procurement 52

Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Procurement Software

MARCH 19, 2024

Examples here are: Drafting routine RFP documents Non-disclosure agreements Frame contracts Procurement policies and procedures So, in summary, the current use cases are more focused on time and efficiency savings. Talent Integrating generative AI into procurement will unlock efficiencies, innovation and cost savings.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Jaggaer

JANUARY 11, 2019

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. While the current economic climate is healthy, tumultuous stock prices and changes to tax and trade policy paint a different picture.

Procurement 45

Procurement supply chain software solutions supply chain budgeting Agile and Lean Supply Chain 45