Planergy

FEBRUARY 24, 2025

Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Insights

FEBRUARY 27, 2025

I have noted that many LinkedIn posts regularly mention the belief that the C-Suite continues to see procurement primarily, if not solely, as a cost-savings function. This broader agenda suggests that while cost savings remain important, procurement’s role has expanded to include value creation and strategic partnership.”

Agile and Lean Supply Chain 52

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

Procurement Insights

JANUARY 3, 2025

It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

ProcurePort

MARCH 23, 2022

Efficient software for purchase order management allows procurement teams to cut sourcing and procurement costs, improve vendor relationships, and ultimately the company’s bottom line.

Purchase orders 130

Purchase orders Purchasing Management Vendor relationships 130

Spend Matters

NOVEMBER 7, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Get to know all the procurement tech providers that made our lists this year. We are delighted to introduce you to our Future 5 as we capture their voices.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

ProcurePort

MAY 19, 2021

In procurement, the practice of maintaining vendor relationships is known as supplier management. Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. This is essentially economics 101, but it’s an important and powerful principle that applies to a wide variety of industries.

Suppliers 130

Suppliers Vendor relationships Management Influencing 130

ivalua

NOVEMBER 10, 2020

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

Supply Chain Game Changer

MARCH 9, 2022

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

Spend Matters

SEPTEMBER 25, 2024

Enterprise IT buyers face unique challenges and complexities due to lack of pricing transparency, increasingly high volumes of contract renewals and generally overwhelmed procurement teams. This content is for members only. Visit the site and log in/register to read.

Vendor relationships 116

Vendor relationships Buyers Market analysis Cost optimization 116

ProcurePort

JANUARY 9, 2024

In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative.

Vendor management 130

Vendor management Vendor relationships Management Networking 130

ProcurePort

DECEMBER 7, 2023

– It is a critical financial control mechanism that detects errors, prevents fraud, fosters vendor relationships, ensures regulatory compliance, and contributes to cost control and budgeting. Challenges and Best Practices: – Challenges include […] The post What Is Three-Way Matching & Why Is It Important?

Import 130

Import Vendor relationships Purchase orders Quantity 130

ProcurePort

OCTOBER 25, 2023

. • Good vendor management strategies involve working together, measuring performance, building relationships, managing risks, integrating technology, and considering supplier diversity.

Vendor management 130

Vendor management Management Procurement Quality 130

ivalua

SEPTEMBER 10, 2019

Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

Vendor relationships 140

Vendor relationships Suppliers Negotiation Data 140

Procurement Insights

AUGUST 14, 2024

The procurement software landscape has witnessed significant shifts over the past few years, with private equity firms increasingly taking center stage. The latest development in this ongoing saga is the acquisition of Jaggaer, a prominent Source-to-Pay (S2P) vendor, by Vista Equity Partners.

Procurement 98

Procurement Vendor relationships Innovation Leadership 98

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Tactics

AUGUST 9, 2022

33 Procurement Interview Questions in 2022. Selecting a Vendor — The Ultimate Guide of 2022. Selecting a vendor is not an easy task for each organization. In the field of procurement, the procurement department of each organization has its own way of selecting a vendor. . What is a Vendor? First Name.

Vendor relationships 130

Vendor relationships Quality Price Bidding 130

TYA Suite

JANUARY 27, 2025

is a critical aspect of procurement that ensures smooth operations, cost savings, and compliance. In this comprehensive guide, we will explore how vendor contracts can be managed through , focusing on managing contract expirations, contract value, and setting reminders for expiring contracts. This is where , comes into play.

Contract 40

Contract Real-time Visibility Contract management Management 40

ivalua

FEBRUARY 6, 2021

Working capital, cyber security, contractual terms, vendor relationships and business agility are just some of the areas impacted. In his role leading not just procurement but also corporate security at Bell Canada, André Beaulieu has been at the forefront of the issues involved.

Vendor relationships 100

Vendor relationships Procurement Management 100

ivalua

FEBRUARY 4, 2021

Working capital, cyber security, contractual terms, vendor relationships and business agility are just some of the areas impacted. In his role leading not just procurement but also corporate security at Bell Canada, André Beaulieu has been at the forefront of the issues involved. Andre Beaulieu.

Vendor relationships 100

Vendor relationships Procurement Management 100

Procurement Bulletin

FEBRUARY 2, 2023

How to Assess Vendors to Lower Staff Medical Costs Want to improve health care benefits for your staff yet keep the costs low? 5 Tips to Negotiate Over ANYTHING Negotiating is a key skill not just in procurement and vendor relationships, but in your every day life. Here’s how.

Negotiation 98

Negotiation Vendor relationships Supply chain Risk 98

Una

SEPTEMBER 22, 2022

Ultimate Guide to IT Procurement. A guide to IT procurement for navigating the complex IT sourcing process in a way that drives organizational efficiencies and improves your bottom line. Comprehensive Guide to IT Procurement. Procurement embodies purchasing across a wide range of categories. Who Owns IT Procurement?

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth.

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

Procurement Tactics

AUGUST 19, 2022

33 Procurement Interview Questions in 2022. Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. Paying in time can foster good vendor relationships. . 4 Vendor Management Best Practices. First Name.

Vendor management 130

Vendor management Management e2e Negotiation 130

ivalua

JUNE 29, 2020

In order to this effectively, a strategic sourcing solution is likely required as ERPs typically have limitations here, particularly in collaborating with vendors. Perhaps an increase in self-contracting activities to provide more visibility into and control of vendor relationships. .

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

ivalua

NOVEMBER 10, 2020

Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Step 2: Use eProcurement for vendor relationships . Step 3: Drive Value with State Procurement Agreements. 31 state central procurement offices are self-funded (or administrative fees).

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Empowering CPO

JULY 17, 2023

Introduction In an ever-evolving business environment, successful procurement operations are key to keeping organizations efficient, competitive, and profitable. But what happens when businesses lack the resources, expertise, or time to manage procurement effectively? This is where managed procurement services come into play.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Pipefy

MARCH 6, 2023

Procurement is one of the most critical processes in any business. procurement ensures that materials, supplies, and labor are available to help the business meet its goals. But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests.

Procurement 59

Procurement Procurement team Purchase orders Vendor relationships 59

Procurement Insights

JANUARY 17, 2024

But what is the impact of your solution beyond the procurement department? Like my DND example, the benefits of addressing the procurement department’s needs would have been muted because of the previously unidentified conflict with the service department and suppliers’ objectives and processes. Problem Solved!

Procurement solutions 75

Procurement solutions Procurement Vendor relationships Suppliers 75

Procurement Leaders

JUNE 9, 2022

The procurement leadership team at PMI recognised that to support the business in making this transition, the function required an overhaul of its capability development programme. An internal hire, the PCM was chosen for their deep knowledge of procurement processes and systems, project management and people development skills.

Category management 130

Category management Strategy Procurement Innovation 130

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. However that’s only part of the puzzle – strong vendor relationships are equally essential.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. However that’s only part of the puzzle – strong vendor relationships are equally essential.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Jaggaer

DECEMBER 13, 2024

What is Procure to Pay (P2P)? Procure-to-Pay commonly known as P2P, encompasses the entire cycle of buying activities from identifying a need for goods or services to completing payment to a supplier. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

Shapiro Negotiations Institute

JANUARY 26, 2024

Michael Sheridan joined J&J Snack Food , a leading and innovative snack food company , as head of procurement in early 2023. The team initially faced apprehension in negotiations, often hesitating to question or push back for fear of straining vendor relationships. Sheridan observed the change instantly.

Negotiation 59

Negotiation Procurement Procurement team Vendor relationships 59

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

ivalua

DECEMBER 20, 2019

A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Internally driven qualifying checks include requirements by departments such as Legal, Finance, Engineering, Procurement and Diversity. They also encourage operational and cultural alignment.

Suppliers 100

Suppliers Contract Vendor relationships Innovation 100