Remove Spend management Remove Strategic sourcing Remove supply chain budgeting
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Expanding the influence and impact of Procurement

Spend Matters

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process.

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How to Improve Your Indirect Spend Management Strategy

Procurement Express

Understanding these categories is the first step toward better visibility, smarter procurement processes, and tighter budget control. When you’re comparing direct and indirect spend, half the battle comes down to managing changes in the supply chain. Create vendor and supplier expense management policies.

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Ivalua Sees Accelerating Momentum with Another Record Year in 2018

ivalua

12, 2019 — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year. Empowering Procurement and Supply Chain Leaders Across the Globe. Growth driven by new customer acquisition, regional expansion and continued customer success. REDWOOD CITY, Feb.

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

But before this can happen someone has to identify suitable vendors to secure goods and services at the best value (not necessarily the lowest price) within a variety of constraints (risk management, ESG and regulatory factors etc.). Strategic sourcing: The word strategic is added for good reason.

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How to Implement a Strategic Sourcing Process

Una

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

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The Role of Spend Analysis in Strategic Sourcing: A Complete Guide

Empowering CPO

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing?