Procurement Express

DECEMBER 31, 2024

In any case, organizations need to pull indirect spending out of the shadows and into the open. In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc. What Happens When Indirect Spend Isnt Managed?

Spend management 40

Spend management Strategy Management Real-time Visibility 40

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurify

JULY 4, 2022

When this happens, a lot of time and effort is lost trying to recover the money. . You should also set up approval sequences in your e-procurement software so you can have better visibility and insights into the procurement process. To prevent this, use a centralized and easily accessible vendor management catalog.

Real-time Visibility 59

Real-time Visibility Procurement Purchasing Budget 59

Procurement Software

JULY 9, 2024

Direct procurement involves acquiring raw materials and components essential for your production process. These requirements can – and often do – override opportunities to deliver savings by switching suppliers for raw materials and component parts. How does tech for direct and indirect procurement differ?

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Claritum

MAY 11, 2018

These include access to cheap raw materials and products, tax breaks and reduced labour costs. Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

Real-time Visibility 52

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

Planergy

JULY 5, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. Cristian Maradiaga. King Ocean. Book a Live Demo.

Sustainability 52

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