Remove Demo Remove Metrics Remove Procurement
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Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

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Procurement KPIs & Metrics: What To Focus on and How To Measure

Precoro

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

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Online Procurement System: Guide to Choosing the Right Tool

Precoro

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

Therefore, produce ready for shipping may be stalled due to a limited supply of equipment and trucks (hindering capacity procurement ), fewer drivers, and the pressure everywhere to move things faster, save money, and get it done without impacting the customer experience. As a result, shipping costs will undermine any potential gains.

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The four steps to supply chain readiness

crisp

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted.

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The Crucial Role of Spend Classification in eSourcing & Procurement

EC Sourcing Group

Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. Streamlining Procurement Processes: Proper spend classification ensures a structured approach to eSourcing activities.

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. Procurement Cost. Click here to watch a demo of The Owl’s platform. Product Management KPIs! Get Our EBOOK HERE.