Precoro
OCTOBER 24, 2022
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.
SCMDOJO
DECEMBER 11, 2023
In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.
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ivalua
SEPTEMBER 2, 2019
Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.
HICX Solutions
AUGUST 11, 2021
SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .
Supply Chain Game Changer
NOVEMBER 7, 2019
In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. The Digital Procurement Ecosystem. Digitization vs. Digitalization.
Precoro
OCTOBER 16, 2023
Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?
Precoro
FEBRUARY 11, 2022
Purchase order process is an integral part of a procurement cycle as a whole. Purchase order management is important for meeting procurement goals while maintaining budget wisely. Purchase order, goods received note and invoice are archived in compliance with legal requirements and internal company guidelines.
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