Supplier negotiation Supply chain resilience supply chain software solutions 
Procurement Insights
JANUARY 3, 2025
Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Procurement is no longer judged solely on cost savings but also on metrics like risk mitigation, supplier diversity, and innovation impact.
The Procuretech Podcast
JUNE 18, 2024
On this episode of The Procurement Software Podcast, host James Meads dives into the world of procurement tech startups. With over 440 solutions in our software directory over at app.procurementsoftware.site, we aim to educate procurement leaders on the vast array of software options available to them. Every one helps!
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World of Procurement blog
MAY 8, 2024
Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Conduct supply chain audits and due diligence on high-risk categories.
TYA Suite
NOVEMBER 15, 2024
Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. By monitoring suppliers regularly, businesses can detect issues early and respond proactively. This process is known as supplier risk management.
Empowering CPO
JUNE 27, 2023
Here are some key data sources to explore for comprehensive spend analysis: Procurement Systems: Internal procurement systems such as e-procurement platforms, purchase order systems, and contract management systems provide valuable data on purchasing activities, supplier information, and transaction details.
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