Jaggaer

SEPTEMBER 11, 2020

To learn more about the technologies that are shaping the procurement industry check out our recent white paper. . Even chatbots and guided buying are not transformational – they do have efficiency benefits but do not fundamentally change the way you procure. Priming Procurement for Intelligent Digital Transformation .

Procurement 86

Procurement Chief Procurement Officer Supply Chain Efficiency Data 86

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation. Invoice to Pay is the process of receiving, processing and then paying a supplier invoice.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! Resilience article and permission to publish here provided by Sam White at Argentus. As everyone in Supply Chain Management knows today, the field has come a long way. Subscribe Here! Email Address. Get Our EBOOK HERE.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. Client Introduction.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We need to ensure that we are spending money effectively and efficiently to maintain our organization’s profitability.” “Our

Spend management 98

Spend management Management Procurement supply chain budgeting 98

Procurement Insights

AUGUST 14, 2024

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. Comprehensive Supplier Network 2. Supply Chain Visibility and Risk Management 3. Here’s why: 1.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

NLPA (Next Level Purchasing Association)

AUGUST 23, 2022

It helps enhance profitability by reducing extra expenses and by, minimizing delays and speeding up the supply chain. The table below provides some interesting information concerning the percentage of organizations that even have a Supply Chain Strategy. Table 1, Supply Chain Strategy data.

Procurement strategies 52

Procurement strategies Strategy Procurement Supply Chain Efficiency 52

The Procuretech Podcast

MARCH 15, 2022

More transparency. They have varying transparency when it comes to how these lists are put together. That's why we feel that a lot of the detailed research and white papers are unnecessarily complex. Do you need to pay several thousand dollars for a white paper you'll probably never read in full? No Jargon!

supply chain software solutions 52

supply chain software solutions Procurement Supply Chain Efficiency Market knowledge 52

NLPA (Next Level Purchasing Association)

JANUARY 16, 2024

By working closely with suppliers to improve quality and efficiency, procurement can help your company deliver a superior product or service, ultimately driving sales growth. Mitigating Risk : Supply chain disruptions, quality issues, and price volatility can all pose significant threats to your business.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Step 3: Develop Sourcing Strategies : Consider different sourcing strategies, like single-sourcing (reliable supplier, high volume) vs. multi-sourcing (competitive pricing, risk mitigation).

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Jaggaer

SEPTEMBER 1, 2020

When procurement thinks about why they might implement a category management pro cess , the reasons that come to mind are likely to involve more effective management of spend or having increased time to invest in strategic supplier relationships. Defining the key performance indicators for managing and tracking supplier success.

Category management 52

Category management Management Buyers Supply Chain Efficiency 52

Procurement Insights

SEPTEMBER 8, 2024

Director, Supply Chain Global Head of Digital Transformation Supply Chain and Commercial Excellence The above is just a partial list of speakers and attendees at an upcoming conference in the United States. Additional Reading: Pharma Supply Chains (Part 1): A problem of focus versus avarice?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sourcing Procurement 52

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Supply Chain Efficiency 40

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. To thrive, procurement functions need to become strategic partners within the organization, actively driving growth and efficiency.

Category management 52

Category management Management Procurement Supplier relationship management 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials supply chain budgeting Supply Chain Optimization 40

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. In order to achieve this, cross-functional commodity teams are used to evaluate suppliers and their capabilities.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Jaggaer

MAY 24, 2019

In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. Some of these threats include loss of control over the activity itself and over essential information for the management of the bank, dependence on the supplier, and loss of know-how.

Risk 40

Risk supply chain software solutions Supply Chain Efficiency Management 40

The Network Effect

JANUARY 17, 2016

Sharing the “Best Version of the Truth” information within an organization and across its replenishment channels allows companies to focus on streamlining their processes to increase profit, efficiently manage promotions, reduce supply chain costs and improve collaborative planning. Vendor Supply Chain Planner.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

NLPA (Next Level Purchasing Association)

JULY 20, 2023

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. Supplier Relationships: Managing spend involves evaluating, selecting, and nurturing relationships with suppliers.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Jaggaer

MAY 12, 2020

Full data transparency. Supply-Chain and Invoice automation. Supplier enablement based on AI. To learn more about autonomous procurement and the journey to get there, download our new white paper written by Michael Lamoreux, Spend Matters. All spend under control. All processes automated. Smart Assistant.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

The Network Effect

OCTOBER 1, 2014

I was speaking at a large conference about the major impacts of globalization, technology, and supply chain on commerce. Great experience:It’s clear that today’s B2B customers have very high expectations of their suppliers. Suppliers who are not yet online risk being excluded from consideration by buyers at all spending levels.

Price 58

Price supply chain budgeting Supply Chain Efficiency Inventory 58

Claritum

MARCH 29, 2019

We have all had experience of the introduction of new IT systems that frankly make processes more complex and seem to have somewhere along the line missed the original objective of making the process more efficient. In fact, in attempting to automate the whole process many systems fail to achieve even the basic goal of efficient operation.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40

Arkestro

MAY 9, 2023

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. Reduced Sourcing A turbulent market, supply chain disruptions, and rapid inflation have all created challenging times for procurement professionals.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Claritum

FEBRUARY 14, 2019

Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management. 6 Resources.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Procurement Software

MARCH 19, 2024

Examples here are: Drafting routine RFP documents Non-disclosure agreements Frame contracts Procurement policies and procedures So, in summary, the current use cases are more focused on time and efficiency savings. It can also assist with supplier discovery and due diligence on potential new sources of supply.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Procurement Software

JULY 11, 2023

Operations and accounting are three disparate parts of organizations that are simply not equipped to efficiently share information and work together so that individual expenses are optimally managed. Procurement, in our defence, usually wants to treat the supplier fairy and pay smaller, loyal and well-performing suppliers on shorter terms.

Procurement 52

Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Claritum

JULY 16, 2019

Better outsourced, so they can focus on automation for their strategic purchases and supply chains. Seeking savings and purchasing efficiencies. This article proposes that Indirect Spend requires a significant and separated level of focus and automation to ensure that the organisation is cost efficient over time.

Procurement 32

Procurement Purchasing Supply Chain Efficiency Real-time Visibility 32

Jaggaer

JANUARY 11, 2019

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. While the impact of these tariffs is not fully clear yet, they are likely to slow economic growth, decreasing companies’ efficiency and profits.

Procurement 45

Procurement supply chain software solutions supply chain budgeting Agile and Lean Supply Chain 45