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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. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

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Free PO Software vs. Paid Software

Precoro

As a company slowly grows, purchase management becomes more and more complicated. The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Plus, find a comparison table of some free purchase order software and paid programs.

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3 Common Inventory Management ‘Sins’—And How to Avoid Them

Logistics Bureau

These are the A-lines and should be prioritised in the warehouse. Hidden costs. 4) Comparisons will be impossible. An example from a company that turned to Kieran for help in cutting its costs and streamlining its warehousing operations will aid in illustrating this maxim. 4) Comparisons will be impossible.

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From Manual to Automated: 9 Steps to Updating Your Warehouse in 2024

Locus Robotics

By Mary Hart Warehouse managers face immense pressure to fulfill rising order volumes quickly and accurately. Adopting warehouse automation is the best thing you can do to handle these challenges, and the pathway to get there is lit well thanks to those who have automated before. Battling high turnover?

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RFQ vs. RFP: Which One Should You Use?

Precoro

Every procurement professional faces a time when they have to make a purchase in unfamiliar territory. Typically, it starts when an employee creates a purchase requisition to notify the department manager of the need for new goods or services. That’s when RFQs and RFPs come into play. What is an RFP?

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing is done by accountants so that the cost of goods available for sale is represented fairly on your income statement and balance sheet. Businesses that deal in physical goods should submit financial reports that are true and fair. Also, recent costs are reported in the ending inventory on the balance sheet.

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Say Customer Service and Mean It

Supply Chain Shaman

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Historic processes are inside-out tightly integrated to orders and purchase orders. Over 95% of companies, stuck in a supply-centric model, struggle to design and implement outside-in processes.