Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software.

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supply chain software solutions Real-time Visibility Category management Data 52

IBM Supply Chain Blog

JUNE 7, 2023

In fact, according to the clients IDC surveyed , 62% reported that multivendor environments caused more downtime issues than a single source. Over the coming years, IT data center solutions will become increasingly sophisticated—further complicating the challenges articulated above.

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Data Strategy Vendor relationships Inventory 66

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. What is happening in the marketplace?

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supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Zycus Cognitive Procurement

FEBRUARY 14, 2022

The first step to building a resilient supply chain is strengthening your relationships with suppliers. The importance of good relationships with suppliers has never been more important than it is now. The era of the linear, traditional supply chain is long gone. Why now, you may ask.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

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Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Pipefy

JANUARY 31, 2023

These awards are legally binding source documents containing terms, conditions, and pricing of the goods or services. Change order An official source document making an alteration to a previously signed purchase order or contract for work. Examples range from training services to software to raw construction materials.

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Arkestro

NOVEMBER 16, 2023

Something we often take for granted as consumers is the Black Friday supply chain practices that occur for each piece of inventory on a retailer’s shelves. While Aunt Ethel’s Christmas gift might seem simple, the supply chain management process behind it is anything but.

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Procurement supply chain software solutions Supply Chain Efficiency Raw materials 52

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. For example: the ERP system, SAP, Netsuite, and other finance software. Benefits of digital procurement.

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Planergy

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. It can work for basic things like office supplies you don’t often need. Download Free Copy. Written by. Lyle Del Vecchio. 14 min read.

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Supplier consolidation Suppliers Risk supply chain budgeting 52

Jaggaer

DECEMBER 13, 2024

Historically, the buyer-vendor relationship was seen as adversarial. But in a healthy buyer-vendor relationship, both parties are winners. Today, the relationship is collaborative, and it will become increasingly so as we move towards autonomous commerce.

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Supply Chain Efficiency Procurement Buyers Vendor relationships 52

Pipefy

JANUARY 4, 2023

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” At the same time, teams are expected to source and pay for these products and services with efficiency, speed and precision. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P.

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HICX

SEPTEMBER 11, 2023

Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit.

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Risk management Risk Suppliers Management 52

Finale Inventory

SEPTEMBER 24, 2024

The Role of Purchase Orders in Inventory Management Purchase orders serve as a formal request for goods from a vendor. They play a vital role in maintaining accurate inventory levels and establishing a solid foundation for supply chain management.

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Pipefy

MAY 9, 2023

The success of these activities directly affects vendor relationships, customer satisfaction, and revenue. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.

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Procurement Real-time Visibility supply chain budgeting Procurement team 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

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Vendor management Suppliers Quality Supply Chain Efficiency 52

The Procuretech Podcast

SEPTEMBER 22, 2022

The emergence of the on demand or SaaS software was exciting. But by late afternoon, as the geographic time zone of sourcing began to shrink, that price could easily become $800, $900 or $1,000. A study in Supply Chain Digest found that 53% of all enterprise breaches occurred through a third party partner or vendor.

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Procurement supply chain software solutions Supply Chain Efficiency Buyers 40