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Procurement Compliance Explained: Examples, Challenges, and Best Practices

Precoro

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

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3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

The Atlanta-based company demonstrated that companies focusing “heavily on supplier diversity” generated a 133% greater return on procurement investments than the typical business. Between 1997 and 2002, approximately 50% of growth by all American firms came from minority businesses alone. Access to a whole different network.

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Introductory Guide to Spend Analysis - SupplyChainOpz

Supply Chain Opz

While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. In fiscal year 2002, the U.S. Data classification seems to be the heart of any spend analysis software. Introductory Guide to Spend Analysis.

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Workforce Reduction at Coupa Software

Supply Chain Matters

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

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Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

No one makes better software than SAP when they are clear on the business problem. The 1610 SAP S/4 HANA release includes advancements in response management (allocation, ATP and order management) and procurement tracking and collaboration of purchase order workflows. Instead, the solutions need to learn and drive new insights.

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The drive for a New Wave of Easy-to-use Procurement Products

Claritum

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Varied Range of Unparalleled Solutions.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

Logistics was first applied and recognised in military operations, its most significant impact is felt through the functions of production, distribution and consumption (Rodrigue and Slack, 2002). Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management.