Eliminating Excel in Purchasing Procurement Research 
Precoro
OCTOBER 6, 2022
With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?
Supply Chain Shaman
APRIL 19, 2024
In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days). PE Firm Buy-out and Consolidation.
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Precoro
JULY 15, 2024
The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.
Unleashed
SEPTEMBER 2, 2024
Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system? How do purchase order systems work?
Supply Chain Shaman
DECEMBER 15, 2022
” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. This gap grew over the last decade.
Precoro
JULY 29, 2024
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?
Supply Chain Shaman
MARCH 21, 2024
The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. In the research, we find that deploying an outside-in model always beats an inside-out model, reducing process and data latency while improving the organization’s ability to make decisions at the speed of business.
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