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

TYA Suite

DECEMBER 16, 2022

Purchase requisition and purchase order are simply interdepartmental forms which serve the purpose of handling the accounting and finances better. involves purchase requisition and purchase order. involves purchase requisition and purchase order. What is a purchase requisition?

Purchase orders 52

Purchase orders Purchasing Budget Price 52

SCMDOJO

OCTOBER 23, 2024

SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supply chain management. Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan. A general platform covering various subjects, including supply chain.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 93

Spend Matters

FEBRUARY 18, 2025

More concretely, Xavier Olivera , Spend Matters Lead Analyst for Downstream Procurement, once explained that since entering the permacrisis environment of the post-pandemic world, the balance of power in purchasing has shifted : Traditionally, the buyer held the purchasing power. They could squeeze a suppliers profits.

Procurement 86

Procurement Purchasing Suppliers Procurement team 86

Spend Matters

AUGUST 31, 2023

Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.

Data 111

Data Vendor management Procurement e2e 111

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. What is purchasing? This often includes how a procurement manager goes about ordering and paying for something. Before we begin.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

TYA Suite

JANUARY 27, 2025

The portal stores all relevant documents, such as contracts and purchase orders, in one place. Messaging and notification features facilitate clear and timely communication between the business and its vendors. Implementing a vendor management portal offers numerous benefits that directly impact the efficiency of your team.

Vendor management 40

Vendor management Vendor relationships Contract Suppliers 40

Una

APRIL 9, 2024

How to (Actually) Transform Your Business with Group Purchasing Learn how to transform your business with group purchasing and add an average of 18-22% savings per category to your bottom line. I’m known to buy things on sale and shop around for the best price when making a larger purchase. I also like a good deal.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Procurement Express

DECEMBER 31, 2024

And finally, there’s purchase order-specific software. How Does Procurement Management Software Work? Benefits of Procurement Software The Modern Finance Tech Stack How to choose the right purchasing software What is Procurement Software? How Does Procurement Management Software Work? Use a centralized platform.

supply chain software solutions 40

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

Spend Matters

JUNE 4, 2024

Today’s niche vendor viewpoint providing thoughts on the need for this market segment and how the solution fulfils it comes from: Mor Cohen-Tal, CTO and Co-Founder of AI orchestration platform Opstream. So Opstream’s enterprise-grade platform was created to allow organizations to streamline the entire purchasing process.

Procurement 120

Procurement Purchasing Vendor management Collaboration 120

ivalua

MARCH 21, 2022

Audrey IZARD, Chief Purchasing Officer for Indirect Sourcing for the L’Oréal Group , will address the audience with her ESG-inspired keynote “Partnering for a More Sustainable World”. . This year, we’ve invited industry thought leaders to join 5 expert panels covering data, supplier collaboration, procurement finance, and vendor management.

Vendor management 130

Vendor management Leadership Collaboration Innovation 130

Finale Inventory

JUNE 21, 2024

In the world of business management, one important tool that can streamline operations and enhance efficiency is the use of purchase order templates. These templates serve as a standardized format for creating purchase orders, which are documents used to request and authorize the purchase of goods or services from vendors.

Purchase orders 52

Purchase orders Purchasing Management Inventory 52

Finale Inventory

JUNE 21, 2024

In the world of business management, one important tool that can streamline operations and enhance efficiency is the use of purchase order templates. These templates serve as a standardized format for creating purchase orders, which are documents used to request and authorize the purchase of goods or services from vendors.

Purchase orders 52

Purchase orders Purchasing Management Inventory 52

TYA Suite

OCTOBER 27, 2024

A well-integrated procurement management system facilitates the seamless execution of procurement activities, from requisition and purchase order creation to and payment. By leveraging procurement management tools, businesses can enhance their and foster better relationships with vendors.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Tactics

AUGUST 30, 2022

Electronic procurement or e-procurement is the process of acquiring, ordering, and purchasing goods and services online. . When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

ivalua

JUNE 29, 2020

As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities.

Agile and Lean Supply Chain 219

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

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Furthermore, it provides a budget management dashboard and overall reporting.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Insights

MARCH 23, 2025

Quantitative Effect: A 2023 GEP report estimates 5-10% quality improvement in procurement-driven categories due to better vendor management. AdaptOnes supplier management), automates purchase orders, and tracks performance via dashboards (e.g., Real-time data and AI (e.g., with tools like Focal Point. Ivaluas analytics).

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

Procurement Express

FEBRUARY 21, 2025

While QuickBooks makes it simple to create and track purchase orders, it doesnt have a built-in purchase order approval system. In this guide, well walk through how to set up a purchase order approval system in QuickBooks and discuss a faster, more effective way to manage approvals. Streamlines purchasing workflows.

Purchase orders 40

Purchase orders Purchasing Real-time Visibility Budget 40

Spend Matters

OCTOBER 29, 2024

On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

supply chain software solutions 114

supply chain software solutions Supply chain Procurement Innovation 114

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Vendor Delays Delivery issues can also arise from multiple sources. Budget Overruns Schools may face higher costs when purchasing goods during delays or emergencies.

supply chain budgeting 52

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

Finale Inventory

JULY 18, 2024

15 Best Practices for Retail Inventory Management in 2024 For 2024, effective inventory management remains crucial. Implement these 15 best practices: Embracing Automation in Inventory Management: Use automation tools to streamline tracking, purchasing, and order fulfillment.

Inventory 98

Inventory Supply Chain Efficiency Management Real-time Visibility 98

Spend Matters

APRIL 4, 2024

Vendor management system Deployed offers a platform of AI-driven solutions that aim to ease the pain of writing SOWs by reducing lengthy turnaround times, providing clarity in project scope and simplifying the end-user experience.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

SPLC (Sustainable Purchasing Leadership Council)

MAY 18, 2018

2018 LEADERSHIP AWARDS FOR SUSTAINABLE PURCHASING. Seven Organizations Recognized by Sustainable Purchasing Leadership Council. Each winner employs a wide range of sustainable purchasing strategies and documented the resulting environmental, social, and/or economic benefits in a case study. More about this case study.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

ivalua

OCTOBER 28, 2022

Not only did they address an emergent operational issue, but they also took the first step toward the digitization of vendor management and purchase order placement processes. . After they designed, built, and deployed the solution, they could register hundreds of suppliers within hours of launching. A Path Forward.

Bidding 130

Bidding Procurement Procurement team Procurement solutions 130

Spend Matters

MAY 8, 2023

Purchase Order (PO) collaboration for buyers and suppliers to know in real-time the status of POs and Scheduling Agreements (SA), acknowledgements, ASNs, etc. Forecast collaboration on forecasts and demand plans to anticipate shortages or bottlenecks and automate exception management.

Spend management 102

Spend management Management Real-time Visibility Collaboration 102

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Management 116

Management Procurement Contract management Supply Chain Optimization 116

Una

NOVEMBER 7, 2022

Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision. Una works with the nation’s top suppliers, offering purchasing solutions that meet your needs. Vendor Management and Mitigating IT Supplier Risk. Contact our team to learn more.

Innovation 93

Innovation Procurement Suppliers Purchasing 93

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Una

AUGUST 23, 2022

There are a lot of factors to consider when purchasing IT ranging from supplier reputation and cost to support, reliability, fit-for purpose, and more. In fact, data protection is the number-one priority for us as a vendor management office, followed closely by security, [then] by pricing, budget, and spend. Get in Touch.

Collaboration 98

Collaboration Procurement Purchasing Data 98

Supply Chain Game Changer

MARCH 14, 2022

These platforms, which include Microsoft Dynamics AX Online Supply Planning & Sourcing Analytics, help simplify and automate much of your planning and purchasing process. Strategic Sourcing & Vendor Managed Inventory. To help companies solve these problems, supply planning and sourcing analytics tools can be utilized.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115

Una

SEPTEMBER 20, 2022

Here’s a modern-day IT fairy tale: “Once upon a time, a company purchased an enterprise application and after a breezy install, every employee learned all they needed to about the application before Go-Live. Do you have questions about group purchasing? Importance of having the right technology in place. Get new resources weekly!

Budget 98

Budget Purchasing Collaboration Vendor management 98

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurify

JULY 4, 2022

Purchasing and procurement problems can be costly. Unregulated purchasing activities cost businesses 10-30 percent of targeted savings. These numbers are the stuff of nightmares so most businesses try to avoid these purchasing problems. . In this guide, we’ll walk you through ten purchasing issues and how you can solve them. .

Real-time Visibility 59

Real-time Visibility Procurement Purchasing Budget 59

ivalua

MARCH 5, 2023

We’ll also hear from Otto Tell, Business Navigation Manager & Digital Leader – Global Purchasing Development at IKEA and Karolina Hagberg Chinell, CPO at Ahlsell. Access the full speaker list HERE. The interactive sessions will also dedicate time for peer discussion.

Innovation 130

Innovation Spend management Collaboration Supply Chain Optimization 130

Una

SEPTEMBER 22, 2022

Procurement embodies purchasing across a wide range of categories. Naturally, a CIO may deem that any technology purchase falls within the realm of responsibility of the IT department as they are the true technology experts. It might also pinpoint technology gaps and allow you to plan for future IT purchases. Focus on data.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Spend Matters

MARCH 11, 2025

Not all changes are created equal, and misjudging their impact can derail a digital transformation. Procurement technology projects often go beyond IT they drive fundamental business shifts. By assessing the nature and scale of change, organizations can better anticipate resistance, secure executive buy-in and drive adoption.

Procurement 106

Procurement Vendor management Risk management Contract 106