Remove Knowledge Base Remove Procurement Remove Procurement Analytics
article thumbnail

Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

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. How often do purchases happen?

article thumbnail

Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Precoro and Grainger PunchOut Integration for Quick and Smooth Purchasing of Industrial Supplies

Precoro

If you need to purchase supplies for maintenance, repair, or other industrial operations, Precoro’s PunchOut Integration with Grainger can be of great help. At the same time, it’s easy to send all the purchases through the custom approvals in Precoro and, therefore, ensure adherence to the company’s internal regulations.

article thumbnail

E-Invoicing Software Solutions and Tips on How to Select the Best One

Precoro

This model is also expected to become more popular among users due to easy scalability and the establishment of efficient networks between various suppliers and clients. Companies can then tie their e-invoicing to the management of purchase orders , receipts, supplier relationships , and spend control , for example.

article thumbnail

Exiger Acquires Widely Adopted Proprietary Parts Intelligence Company XSB

Exiger Perspectives

The acquisition combines the most comprehensive proprietary purchasing, design and sustainment intelligence and engineering analytics platform with Exiger’s own proprietary data and AI, creating an end-to-end solution for the logistics, PEO and acquisition communities.

article thumbnail

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

But is that enough of a far-reaching vision to offer much more than an incremental view of what we see today based on existing technology? Any view of the near future is more likely to describe incremental changes and incremental advancements based on the current knowledge base. Enabling Technologies.

article thumbnail

7 Basic Types of Supply Chain Risks

Precoro

Internal supply chain risks are related to the company's own operations, for example, inefficient purchase order approval workflow or inaccurate budget estimates. Supply chain risk management is one of the top priorities of procurement professionals. Let's look at the most common risks that can affect supply chains.