Zycus Cognitive Procurement

FEBRUARY 14, 2022

One such thing is your suppliers and their ability to provide as and when needed. Becoming complacent with these relationships is all too easy and costly. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The era of the linear, traditional supply chain is long gone.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Well, because every company knows what they sell.

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. Some of the advantages that procurement analytics software can provide. Well, because every company knows what they sell.

supply chain software solutions 52

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

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? As organizations scale and increase in size, so too does the organization’s number of suppliers, which means there are more risks to be managed.

Risk management 52

Risk management Risk Suppliers Management 52

Planergy

NOVEMBER 29, 2022

Supplier Consolidation: What It Is, Benefits, and Risks. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Supplier consolidation involves reducing the number of suppliers you work with. Pros include better supplier relationships, cost savings, and time savings.

Supplier consolidation 52

Supplier consolidation Suppliers Risk supply chain budgeting 52

Jaggaer

DECEMBER 13, 2024

P rocure-to-pay ( P2P ), the downstream part of the end-to-end supplier management and procurement process, focuses on the expenditure side of the business. Order-to-Cash and Procure-to-Pay In many ways, O2C is the mirror image of P2P from a suppliers perspective. Historically, the buyer-vendor relationship was seen as adversarial.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Buyers Vendor relationships 52

TYA Suite

DECEMBER 16, 2022

As a key participant in the supply chain, vendors are one of the most important stakeholders in the procurement process. Successful companies focus a lot on their vendor management process and get benefited from it in the market and are always one step ahead of any risks they could encounter.

Vendor management 52

Vendor management Management Real-time Visibility supply chain software solutions 52

Pipefy

JANUARY 31, 2023

A Administrator A business professional who oversees the ongoing management of the purchase order (PO) or contract, confirming that both the organization and suppliers adhere to the contract’s terms and conditions. They also maintain strong business relationships, communicating good advice and procurement authority to suppliers.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 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?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

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. Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 63

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

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.

Procurement 52

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.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

MAY 9, 2023

The success of these activities directly affects vendor relationships, customer satisfaction, and revenue. To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational. This is why supplier diversity is so important.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 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. Simply follow the on-screen instructions to get started.

Purchase orders 52

Purchase orders Purchasing Inventory Quantity 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations. What is a Vendor Analysis Report? What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Pipefy

JANUARY 4, 2023

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Some teams look to procurement automation to improve vendor relationships or reduce the amount of manual work required. Supplier relationship management (SRM). Supplier relationship management (SRM).

Procurement 52

Procurement Procurement team Purchase orders e2e 52

The Procuretech Podcast

SEPTEMBER 22, 2022

The emergence of the on demand or SaaS software was exciting. And so the biggest change is that the procurement and professionals in supply chain are now seen as the leader, rather than a spectator in digital transformation. Who should own those third party vendor relationships? Should it be finance?

Procurement 40

Procurement supply chain software solutions Supply Chain Efficiency Buyers 40