World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Stakeholders : Procurement involves multiple internal stakeholders across the organization. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Spend Matters

OCTOBER 4, 2024

As Spend Matters analysts we attended a mini analyst summit which helped free up time for us to talk to fellow attendees during the day’s event. The changes come in conjunction with Zip’s expansion in broader procurement orchestration and into native source-to-pay capabilities, complementing its foundational intake management focus.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

IBM Supply Chain Blog

AUGUST 2, 2023

An observability solution offers valuable insights to multiple stakeholders engaged in software development and operations, with benefits that extend to developers, operations teams, product managers and even business stakeholders. It’s how you give key stakeholders the data insights they need to benefit the organization.

Real-time Visibility 55

Real-time Visibility Import e2e Product management 55

Pipefy

MAY 29, 2024

Common reasons for rejecting a change include: Poor change design Inadequate communication Lack of stakeholder engagement Insufficient training Some proposed changes may be poorly designed, but even well-designed transitions can be rejected because they do not solve their intended issues.

Change management 52

Change management Management Real-time Visibility Stakeholder engagement 52

Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

In the following sections of this guide, we will provide in-depth analysis, real-world examples, and actionable recommendations to empower healthcare organizations in their journey towards optimizing costs and improving patient care through effective spend analysis. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52