Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

supply chain software solutions 52

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

Procurement Software

JULY 9, 2024

Direct procurement involves acquiring raw materials and components essential for your production process. These tend to place emphasis on driving cost savings, improving data quality and driving transactional efficiency. Where can tech make a difference on direct spend?

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

The Procuretech Podcast

JULY 31, 2024

James explores how specialised tech stacks, including advanced inventory management systems, supplier relationship tools, and risk mitigation software, can address the distinct challenges faced by direct procurement teams. Does Direct Spend Need Its Own Tech Stack? We explore some concrete examples.

supply chain software solutions 40

supply chain software solutions Raw materials Supply Chain Efficiency Supplier relationship management 40

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. You can manage suppliers by breaking them down into different tiers more efficiently. Let’s break it down.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Jaggaer

JANUARY 14, 2020

By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain. However, by focusing only on your largest spend categories, you may be overlooking easy opportunities for big savings. . Indirect Spend in a Direct Environment.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

Supply Chain Efficiency 52

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

Procurify

JULY 20, 2022

Before, purchasing managers often prioritized spend management. Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. . Lack of visibility.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Shortages in raw materials, energy, shipping, and labor required that CPOs performed at the top of their game to ensure business continuity. 2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Planergy

DECEMBER 29, 2022

Social media management. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. This, in turn, can help to save time and money by avoiding production delays due to a shortage of materials.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

AUGUST 2, 2022

In the marketplace today, we work in a take-make-waste structure, as raw materials are taken from the Earth, raw materials are turned into other items, and then discarded as waste. This defective waste management system cannot last indefinitely as our resources are limited. It cuts waste and boosts recycling rates.

Sustainability 52

Sustainability Raw materials Supply Chain Efficiency Ethics 52

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. This can be done by being transparent and honest with suppliers, as well as by sharing information and ideas freely.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Planergy

OCTOBER 26, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Better Overall Inventory Management Knowing your DIO can help you manage your inventory flow more efficiently. What's Planergy?

Inventory 52

Inventory Supply Chain Efficiency Purchasing supply chain software solutions 52

Planergy

AUGUST 8, 2023

Open tendering is preferable as it allows companies to apply for multiple contracts at once, resulting in more efficient use of resources and reduced cost-over-runs from multiple procurement processes. However, you must use care and consistency to ensure that single-source procurement improves organizational efficiency and outcomes.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness.

Procurement 52

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

Planergy

JULY 21, 2023

You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management. This typically includes raw materials and components. Download PDF What’s your goal today?

Management 52

Management Procurement supply chain budgeting Budget 52

Planergy

JULY 18, 2023

Working capital measures how efficiently a business uses its resources to generate sales and profits. In other words, it indicates how well the company manages its short-term financial obligations. Positive working capital indicates that a company has enough liquid assets (cash flow) to cover its current debts. treasury bills, etc.

Import 52

Import supply chain budgeting Inventory Budget 52