Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. But that balanced scorecard has always been there in the best procurement organisations.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. Resolving these challenges requires a dynamic, iterative approach.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

JUNE 20, 2023

Introduction In an era defined by data-driven decision-making, Spend Analysis has emerged as a game-changer, steering businesses towards more strategic, efficient, and cost-effective operations. When applied to Supply Chain Management, Spend Analysis serves as an invaluable tool.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JUNE 22, 2023

Two critical aspects that play a pivotal role in this regard are Spend Analysis and Sustainable Procurement. It involves the collection, classification, and evaluation of expenditure data with the goal of decreasing procurement costs, enhancing efficiency, and monitoring compliance.

Sustainability 52

Sustainability Procurement Supplier consolidation Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities. In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value. Understanding the Healthcare Landscape A.

supply chain budgeting 52

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

TYA Suite

OCTOBER 6, 2024

The role of procurement has changed in the modern business climate from just buying products and services to becoming a strategic one that has a big impact on an organization's bottom line. Procurement key performance indicators are relevant in this situation. What Are Procurement Key Performance Indicators (KPIs)?

Procurement 40

Procurement Purchase orders supply chain budgeting Procurement team 40

Planergy

MARCH 2, 2023

Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency. Tail spend analysis also helps procurement professionals identify areas of wasteful spending and uncover potential savings.

supply chain budgeting 52

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

TYA Suite

AUGUST 6, 2024

At its core, procurement involves building and maintaining robust relationships with suppliers to ensure a seamless flow of operations. This is where supplier relationship management (SRM) plays a pivotal role. This proactive approach ensures business continuity and minimizes the impact of unforeseen events on the supply chain.

Supplier relationship management 40

Supplier relationship management Suppliers Import Management 40

Una

FEBRUARY 22, 2023

How to Use GPOs as a Cost Savings Strategy Discover how procurement leaders can join a GPO and use group purchasing as a cost savings strategy to deliver continued value. Procurement leaders face similar challenges when the pressure to deliver cost savings is unrelenting and you feel like you’re running out of options.

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 25, 2023

In the realm of procurement and supply chain management, one tool stands out as a game-changer — Spend Analysis. Spend Analysis is a process where procurement data from various sources are collected, cleansed, categorized, and analyzed. But what exactly is Spend Analysis? Welcome aboard!

supply chain budgeting 52

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

Empowering CPO

JUNE 20, 2023

In the realm of procurement, every corner of the spend landscape deserves attention, and an often overlooked area is the ‘tail spend’ A. These are often lower-value, infrequent purchases made off-contract, which can escape the radar of traditional procurement strategies due to their seemingly insignificant individual costs.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Empowering CPO

JUNE 20, 2023

Introduction In the dynamic world of procurement and supply chain management, understanding your organization’s spending habits isn’t just an administrative duty—it’s a strategic necessity. We are a leading procurement services company specializing in providing tailored spend analysis services and offerings.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Supply Chain Efficiency Data 40