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

IBM Supply Chain Blog

APRIL 13, 2023

Some organizations are looking to improve business operations by moving from legacy ERP to SAP S/4HANA®, SAP’s next-generation ERP software, while others want to replace manual processes with AI and automation. Do you need to move data to the cloud while ensuring its integrity, security and compliance?

Change management 75

Change management Innovation Vendor management Management 75

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Where you can, reduce business expenses such as the lease of your office space. Sell smarter. Improve your resilience.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Finale Inventory

JULY 16, 2024

Inventory management is a key aspect of running a successful ecommerce business. Effective management of your inventory can lead to increased efficiency, reduced costs, and improved customer satisfaction. This can be achieved through the use of inventory management software or other tracking systems.

Inventory 52

Inventory Strategy Management Real-time Visibility 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities.

supply chain budgeting 52

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

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. Subscribe Here! Email Address.

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Planergy

NOVEMBER 29, 2022

It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. Fewer suppliers can make it much easier for companies to manage their supply chains effectively.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. baking in benchmarking opportunity analytics more deeply and formally into the analytics, sourcing and category management applications).

Networking 105

Networking Spend management Suppliers Supply Chain Optimization 105

Procurement Software

JULY 9, 2024

Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect procurement. These tend to place emphasis on driving cost savings, improving data quality and driving transactional efficiency.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Pipefy

JANUARY 11, 2023

Vendor relationship management is the discipline of nurturing relationships that create positive outcomes for the business. VRM refers to both the communication and effort it takes to build these relationships, as well as the tools (usually software) it takes to sustain the relationship and manage interactions.

Vendor relationships 59

Vendor relationships Management Procurement team Vendor management 59

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. Throw in approvals, payment terms, shipping costs, sustainability concerns, and maybe a dash of I know a guy supplier loyalty, and suddenly its chaos.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

APRIL 9, 2024

It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. The opportunity to refinance was a no-brainer; we could do it relatively quickly and it didn’t cost us anything out of pocket. looking for innovative ways to reduce costs for your business.

Purchasing 52

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

Finale Inventory

SEPTEMBER 17, 2024

This consolidation helps you track and manage stock across multiple sales channels, streamline order fulfillment, and reduce the risk of overselling or stockouts. A centralized system also lets you leverage automation and integrate with other essential business tools like your ecommerce platform or accounting software.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Finale Inventory

JULY 26, 2024

Proper inventory management allows you to accurately track your stock levels, prevent overstocking or understocking, and optimize your purchasing decisions. By implementing effective strategies, you can reduce costs, minimize inventory errors, and improve overall efficiency.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Procurement Software

JANUARY 23, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Key Data: Founder / CEO: Dr. Elena Mechik Date Founded: 2019 Visit Inhubber profile in our Software Finder 2. It offers solutions for vendor management, sourcing, and productivity.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. The goal of these teams is to work with suppliers to identify ways to reduce costs and improve quality.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Planergy

SEPTEMBER 8, 2022

If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. Are the supplier’s costs reasonable and in line with your budget? The complexity of the products or services being provided. Supplier’s location.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Finale Inventory

AUGUST 16, 2024

This helps streamline operations, improve accuracy, and reduce costs associated with manual processes. Leveraging Technology for Inventory Management Technological advancements have transformed inventory management. Implementing a vendor-managed inventory (VMI) system can also enhance inventory organization.

Inventory 52

Inventory Strategy Supply Chain Efficiency Supply Chain Optimization 52

Pipefy

JANUARY 4, 2023

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Build better procurement processes with the Definitive Guide to Workflow Management Download now. Procurement automation refers to the use of technology to manage previously manual tasks and activities.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Empowering CPO

JULY 17, 2023

From sourcing strategy and vendor management to transaction processing and analytics, we are your partner in navigating the ever-evolving world of procurement. The goal of MPS is to improve efficiency, reduce costs, and ensure compliance, providing businesses with a competitive edge in their respective markets.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct. Catalog management in procurement is the strategic process of managing and maintaining a product catalog within an organization.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Finale Inventory

SEPTEMBER 25, 2024

By implementing EOQ, you can better meet customer demand, reduce lead times, and minimize ordering and holding costs. Adopting EOQ as part of your overall inventory strategy can lead to improved customer satisfaction, increased profitability, and a more streamlined supply chain.

Quantity 52

Quantity Inventory Supply Chain Optimization Demand 52

Planergy

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. They allow for a more fair and open procurement process, as all interested vendors have an equal opportunity to submit a proposal. Download Free Copy. Written by.

Buyers 52

Buyers Supply Chain Efficiency Price Suppliers 52

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52