Have you ever wanted to clone your best buyer – essentially having an assembly line that could replicate what makes that buyer amazing and being able to watch as your procurement process improves with best practices, tools, and streamlined processes in place?

In this helpful infographic, you’ll see how your organization could benefit from implementing an AI-powered procurement and sourcing software to tackle procurement challenges and get immediate results. Check out the fun infographic to find out what goes into cloning your very best buyer so you can have clarity and control over projects, greater cost savings, and a business strategy that productively impacts your bottom line.

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Procure-to-Pay

ProcureCon MRO 2019: Driving Change in MRO with Technology

Last week, we joined Chief Procurement Officers, heads of indirect, and maintenance, repair, and operations (MRO) category managers from top 500 manufacturing companies, as well as the world’s most innovative startups at ProcureCon MRO in Atlanta. It was a great chance to soak up a wealth of MRO-related knowledge from industry experts, as well as share our own. Read on to get our day-by-day takeaways. Day 1 Some of the common themes from the day,...

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Sourcing

Supplier Rationalization

There are many challenges for achieving supplier rationalization and standardization. A typical tactic deployed by procurement organizations is trying to reduce the variety of similar items that the organization purchases. The reasons for this rationalization go beyond cost savings and can include: Supplier diversity initiatives Supply mitigation and management Going green Ultimately, standardizing is not as easy as it may first appear. Take, for example, an organization with multiple manufacturing plants, each of which buys tens of...

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