article thumbnail

Procure-to-Pay vs. Intake-to-Pay: What You Need to Know

Precoro

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).

article thumbnail

The Digital Path to Purchase is Difficult to Model

Enterra Insights

. … The funnel is typically seen as four categories that move from a broadening group of people (cold leads) to a smaller, more targeted and closer to purchase group of people (hot leads).”[1] 1] Liz Willits ( @lizwillits ), a Content Strategy Specialist with AWeber, believes the marketing funnel has five, rather than four, stages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? 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.

article thumbnail

The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Belief in efficient procurement.

article thumbnail

Top E-Commerce Trends in 2019

Talking Logistics

According to Nasdaq, by 2040, 95% of purchases will be facilitated through e-commerce. Top trends shaping e-commerce in 2019: Improved shopping experience on mobile devices. Social media is one of the main strategies driving e-commerce. In 2019 it is not enough to offer quality products and deliver them on time.

Trends 222
article thumbnail

Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business. Kinaxis Purchase of Rubikloud. They are just too risky. Talent Demand.