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Expanding the influence and impact of Procurement

Spend Matters

As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,

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Getting to grips with tariffs, trade and compliance with Thomson Reuters

Spend Matters

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. It might even effect a decision to no longer play in a particular market.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Below, we’ve lifted the main webinar takeaways from panel contributors and Vishal Patel, VP of Product Marketing at Ivalua. Procurement 2022: Big Trends and Predictions. #1. View Webinar Replay. What can we expect in 2022?

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) However, whats really missing hereneeds analysis.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.

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What Does Augmented Analytics Mean for Procurement?

Jaggaer

And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations.