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. TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e.,

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Future Purchasing

OCTOBER 4, 2022

The real value is spending some quality time with your stakeholders to discuss potential categories to focus on and identify resources required to make the cross-functional working more effective. Strategic alignment is best completed by senior members of the procurement team along with senior stakeholders.

Category management 52

Category management Collaboration Real-time Visibility Management 52

Empowering CPO

JUNE 27, 2023

By analyzing and understanding how an organization spends its resources, businesses can identify cost-saving opportunities, enhance supplier relationships, and drive overall efficiency. Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility.

Real-time Visibility 40

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

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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

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

Pipefy

JANUARY 9, 2024

Request management and how to enhance efficiency and response times through centralized request handling in IT and HR. Procurement process optimization to achieve cost savings and better supplier relationships with digital solutions. Reducing shipping errors and improving customer satisfaction with automated verification and tracking.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52