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What Is Spend Analysis?

EC Sourcing Group

The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. is vital to procurement and the supply chain. They can help automate your process and streamline procurement and eSourcing. Some include: Licensed software.

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Delivering Strategic Transformation Through Supplier Experience

HICX Solutions

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

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Spend Analysis: Best Practices

Precoro

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

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How to Start Building the Optimal Supplier Experience

HICX Solutions

When thinking about supplier segmentation in the case of supplier experience, it is a little different from the traditional Kraljic matrix that is used in Procurement, although this may be used as part of a segmentation definition. How to use segmentation to drive the supplier experience? The same principle holds true for suppliers.

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Precoro's response to Russia's invasion of Ukraine

Precoro

service availability benchmark. Our main goal is to retain and create new job opportunities and support the Ukrainian economy by paying taxes and bringing foreign currency into the country. We continue to deliver outstanding service and a constantly improved, competitive procurement solution. Precoro stays true to our 99.9%

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The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

Because supply chain managers deal with heterogeneous purchasing, procurement, and logistics across global supply chains, they tend to have more complex business processes than out-of-the-box traditional software can handle. Who will need access to it (and from where) to keep operations running smoothly and KPI benchmarks met?

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10 Things to Consider in the Global Economy

NC State SCRC

I presented the keynote to the group of procurement executives gathered, speaking on the subject of “The New Reality of Supply Chain Ecosystems”, which addresses many of the emerging issues that face supply chain executives in the digital world. Crude oil is a benchmark which was at a low of $29 in Jan 2016 – now around $50.

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