Remove Spend management Remove Strategy Remove Supply Chain Visibility
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Five Insights for Procurement Teams Navigating Peak Season

Barkers Procurement

So, as leaders prepare their strategies for 2025, here are five key insights for procurement teams seeking to navigate this precarious season best. 2) Prioritise visibility At the heart of managing demand is supply chain visibility. Spend management technology can be instrumental in achieving this.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

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Who Did “AI Pick” As The Best Solution Provider For LCBO?

Procurement Insights

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Here’s why: 1.

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The Criticality of Procurement Training in 2023

NLPA (Next Level Purchasing Association)

They all include enhancements of: Spend Management. The underpinning of effective spend management is the capacity to formulate and execute an Annual Buying Plan. Supply Chain Agility and Visibility. Here are Procurement’s some must-have skills to navigate the current global climate in 2023.

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Sourcing promotional products the right way

Claritum

And as many suppliers are based in the Far East, buyers need to understand local pricing, duties, testing and shipping to ensure they receive the right product to enhance their promotional strategy. Developing the right sourcing strategy. The benefits of purchasing promotional products. Source: PPAI 2017 Consumer Study Summary.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Value Drivers New opportunities for cooperation with suppliers With s2P software, a sourcing module may help to discover new potential vendors, or uncover additional categories of spend that existing, incumbent suppliers are able to serve. End-to-end supply chain visibility ensures more synergy in cooperation.

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Managing the Procurement of Promotional Goods and Services

Claritum

With Marketing looking for good return on investment, promotional goods make an ideal strategy, as long as the return on investment isn’t lost through poor buying strategies or the image of the company impacted by poor choice of supplier. Plus, with this approach to purchases there is no supply chain visibility.