Remove Buyers Remove Category Management Remove Purchasing
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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

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According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.

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It’s Time for Procurement to own Scope 3 Emissions

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Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. This will ensure sourcing and purchasing decisions take emissions into account.

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It’s Time for Procurement to own Scope 3 Emissions

ivalua

Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. This will ensure sourcing and purchasing decisions take emissions into account.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers. Insurance: You can also purchase insurance to protect against disruptions in the supply chain. Create speed and transparency. This will help offset the costs associated with disruptions.

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The Science and the Art of Procurement

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Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management. There may be different models in use, but there is a pretty well-accepted logical methodology behind how organisations approach their management of major spend areas.

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Digital procurement, PPDS and multi-speed datafication -- some thoughts on the March 2023 PPDS Communication

How to Crack a Nut

Following the same rhetoric of transformation, the PPDS Communication now stresses that ‘ Integrated data combined with the use of state-of the-art and emerging analytics technologies will not only transform public procurement, but also give new and valuable insights to public buyers, policy-makers, businesses and interested citizens alike ‘ (at 2).

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What’s the Difference Between Direct vs Indirect Procurement?

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An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.