Procurement Insights

MARCH 23, 2025

Indirect spending typically represents 15-27% of revenue in manufacturing companies, making it a significant area for cost optimization. The company likely has multiple facilities, a global supply chain, and sustainability priorities (e.g., Savings Potential: 5-10% via automation and strategic sourcing.

Supplier consolidation 52

Supplier consolidation Supply Chain Optimization Logistics Strategic sourcing 52

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

Contract 130

Contract Collaboration Sourcing Contract management 130

Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. No spam, just relevant procurement news and tips. Subscribe to news from Arkestro. You can unsubscribe at any time.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Procurement Insights

FEBRUARY 20, 2025

SAP Ariba : A leading procurement software company, SAP Ariba offers a comprehensive suite of solutions for supplier management, strategic sourcing, procurement, and financial supply chain management. What does Nadella’s SaaS death statement mean to them?

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Real-time Visibility Supply Chain Efficiency 52

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Arkestro

AUGUST 1, 2024

Charlotte de Brabandt Procurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical.

Procurement 52

Procurement Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

Empowering CPO

JULY 17, 2023

Introduction to EmpoweringCPO and How Our Services Fit Into This Landscape EmpoweringCPO is at the forefront of this procurement revolution. We are a dedicated procurement services company that specializes in delivering tailor-made managed procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

EmpoweringCPO: Driving Procurement Excellence At the forefront of this procurement evolution stands EmpoweringCPO, a dedicated procurement services company committed to delivering bespoke managed procurement solutions.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Raw materials 52

Spend Matters

MARCH 27, 2024

So where and how is this great leveller of procurement effectiveness being used in the real world (the practical) and how is it viewed by the CPOs and heads of procurement and supply chain who are on the front line fighting the daily efficiency battle. That takes leaders.

Procurement 112

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 112

Empowering CPO

MAY 5, 2023

In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management. As a result, effective procurement is crucial to maintaining a competitive edge and supporting overall business objectives.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JULY 2, 2023

Managed procurement services can cover a vast range of functions – from sourcing and supplier management to purchasing, invoicing, and payment processes. Spend Analysis: Leveraging data and analytics to gain insights into procurement spend and identify opportunities for cost savings and efficiency gains.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

JULY 17, 2023

By taking on the complexities of procurement, these services allow businesses to focus on their core competencies, while reaping the benefits of optimized supply chains, cost savings, and improved vendor relationships. One of the most significant benefits managed procurement services provide is cost savings.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Empowering CPO

JUNE 30, 2023

In simple terms, they are a suite of services where a third-party provider, like EmpoweringCPO, manages various procurement functions on behalf of an organization. These services can range from strategic sourcing and supplier management to purchase order management and invoicing. What Makes Up Managed Procurement Services?

Management 40

Management Procurement Supply Chain Efficiency Strategic sourcing 40

Empowering CPO

JULY 5, 2023

Our goal is to empower Chief Procurement Officers (CPOs) and their teams by providing a suite of comprehensive managed procurement services. We believe in the power of strategic sourcing and procurement to drive significant value across organizations.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Procurement Software

JUNE 13, 2023

Meanwhile, supplier management offers the ability to approve and reject supplier categories within supplier profiles and to provide dynamic feedback to sourcing teams. Promena Founded in 2001, Promena is based in Turkey and offers an end-to-end digital procurement solution. Which is the best eSourcing software for you?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Empowering CPO

JUNE 30, 2023

In the current business scenario, where market dynamics are constantly changing, and supply chain resilience is being tested, managed procurement services have gained significant relevance. But in today’s complex business environment, procurement services have evolved beyond these basic functions.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. How Pareto Analysis Helps Your Procurement Strategy?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JULY 2, 2023

At EmpoweringCPO, we believe in the power of smart procurement to drive business success. Our vision is to empower businesses through strategic, innovative, and efficient procurement solutions, tailored to meet the unique needs of each client. This is where our blog post comes in.

Risk management 40

Risk management Risk Suppliers Management 40

Procurement Insights

JANUARY 19, 2025

Reference : JD Edwards Baan : Overview : The Baan Corporation offered ERP solutions with procurement components, focusing on manufacturing and project-based industries. Significance : Baan’s software emphasized integration across the supply chain, including procurement processes.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization e2e 52