Spend Matters

DECEMBER 11, 2023

This will result in the increased deployment of business platforms to improve efficiency and reduce cost and third-party risk while increasing agility and optimizing financial health across spend, payments and working capital. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 74

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 74

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Spend Matters

JANUARY 10, 2024

Geopolitical instability is at a high and impacting supply chains. Nearly a third of companies (28%) have reported budget increases for risk management technology in the past six months. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 63

Procurement solutions Risk management supply chain budgeting Procurement 63

Procurement Tactics

JUNE 28, 2023

Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget. These include purchase management, expense filing, and workflow automation.

Supply Chain Efficiency 178

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

Jaggaer

DECEMBER 4, 2018

As you develop your department budget and plan for next year, consider ditching the spreadsheets and make an investment in a more streamlined and accelerated freight sourcing solution process. For more on JAGGAER’s Advanced Sourcing Optimization solution, download the datasheet.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits. 44.17] The future for Logward.

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

APRIL 23, 2021

The book gives a clear view of the benefits of cross functional collaboration for procurement and also some actionable insights as to how procurement can foster collaboration with other areas of the business. . By supporting the budget holders they can then deliver value to the organisation.

Collaboration 130

Collaboration Procurement team supply chain budgeting Bill of materials 130

ivalua

JULY 21, 2020

Procurement has been uniquely placed on the business front line of this crisis in helping to pivot supply chains from producing make-up to face masks and to finding thousands of items of remote working equipment overnight, or from manufacturing parts for car engines to ventilators.

Procurement team 130

Procurement team Collaboration Procurement supply chain budgeting 130

Una

JANUARY 4, 2023

In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support. Overall, GPOs can help businesses streamline their purchasing process, reduce costs, and access a wider range of products and services.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

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

Procurement Insights

DECEMBER 6, 2023

.” “Or as COUPA Founder and President Dave Stephens, in explaining the company’s “see how it works” tagline emphasized in terms of the vendor’s key differentiator, “COUPA is the only On-Demand procurement solution that’s amazingly easy to use.””

Raw materials 72

Raw materials Price supply chain budgeting Supply Chain Efficiency 72

Procurement Insights

DECEMBER 14, 2024

They were included in the2024 ProcureTech100, a list curated by ProcureTech in association with Kearney highlighting the top 100 pioneering digital procurement solutions globally. The Talent Behind The Technology Rod Sherkin is an experienced Owner with a demonstrated history of working in the logistics and supply chain industry.

Price negotiations 64

Price negotiations Negotiation supply chain budgeting Price 64

Procurement Insights

OCTOBER 30, 2024

In an excerpt from Linda Brigg’s article, Rick Grimm (who is CEO of the National Institute of Governmental Purchasing), made the following statement; “as is true of any technology, the push for an e-procurement solution typically comes from one or more tech-savvy leaders within a school district.”

Leadership 75

Leadership supply chain budgeting Purchasing Budget 75

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. This helps the system to respond more accurately to queries.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 84

Barkers Procurement

MARCH 6, 2024

Challenge Solution Results Social Value Challenge The challenge was to take the maturity assessment and develop a target operating model which embraced and mapped into the regional operating model, whilst still reducing cost and risk throughout the supply chain. Non-core procurement benchmarked at ‘Emergent’.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency 52

Zycus Cognitive Procurement

DECEMBER 16, 2022

The forum served as a platform for Chief Procurement Officers (CPOs) and other procurement and sourcing leaders to share their vision about leveraging data-driven insights to create flexible and resilient supply chains. Cost Reduction. Lack of budget. Developing supply chain resiliency.

supply chain budgeting 40

supply chain budgeting Chief Procurement Officer Procurement Supply Chain Efficiency 40

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. Improved cost control. Gain real-time insights to eliminate unnecessary spending and stay within budget.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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

TYA Suite

AUGUST 26, 2024

Often overlooked in strategic planning, procurement management can significantly impact a company's bottom line. With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity. is crucial for small and medium-sized businesses to ensure a reliable supply chain.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

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

Spend Matters

MARCH 11, 2024

They have learnt that their supplies care about: shared values forward visibility data security prompt payment (which surprisingly didn’t come first) team building across multiple organizations “It’s important to remember,” she said, “that it’s a whole ecosystem of communications and that every touch point between organizations is a vulnerability.”

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

Procurement Software

APRIL 2, 2024

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Spend Matters

MAY 22, 2024

There are different levels of GenAI applications in use by procurement solution providers, from basic/shallow to embedded ( see our definition of the ‘6 flavours of AI’ here ). So it’s a good thing for procurement solution providers that have not yet gone down the AI route.” applies more than GenAI.

Procurement 94

Procurement Data supply chain software solutions Contract 94

Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

TYA Suite

DECEMBER 16, 2024

With mobile device procurement, businesses can monitor shipments, check supplier performance, and ensure that purchases stay within budget. By using mobile devices, businesses reduce the need for physical paperwork and manual processes. This saves time and money while making procurement operations smoother and more accurate.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency Procurement solutions 40

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. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Planergy

NOVEMBER 29, 2022

It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. Fewer suppliers can make it much easier for companies to manage their supply chains effectively.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

Planergy

JANUARY 19, 2023

This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

Procurement 78

Procurement Price Buyers supply chain budgeting 78

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Efficiency and automation Cloud procurement solutions usually include a dashboard that provides an overall view of the procurement process.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. Procurement as a growth partner to the business. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. Procurement as a growth partner to the business. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Jaggaer

MAY 16, 2024

. “ We are thrilled to have been able to support Dumarey Group on its journey towards streamlining its supply chain ” adds Nicolò Masserano , Director at BearingPoint. In fact, digital procurement is a fast-growing market globally and is also starting to expand domestically.

Procurement 52

Procurement Supply Chain Efficiency Buyers Suppliers 52

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52