What is Procure to Pay ( P2P) - What is Procurement to Payment?

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Күн бұрын

One of our viewers asked what is P2P. So I asked Trent to come back to talk about it and explain what Procurement to Payment is all about.
👇 TIMESTAMPS (in case you want to skip) 👇
0:00 Intro
0:47 Procure-to-pay
2:21 Key things about Procure-to-pay
3:09 Issues in Procure-to-pay
4:18 Big takeaway
5:28 Outro
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Пікірлер: 20

@supplychainsecrets 2 жыл бұрын

This video is brought to you by Logistics Bureau - Management Consultants, who reduce costs and improve service for organisations Worldwide. If you need any assistance on any of the topics on this channel, just visit us at: www.logisticsbureau.com/

@gmensfashionblog3966 4 жыл бұрын

Nice to see a video regarding my sector ! Thanks a lot

@srrs8000 4 жыл бұрын

Very informative indeed.. Cheers, Sandip

@gSudeeshSukumaran 4 жыл бұрын

Great Knowledge sharing TEAM.These ideas and concepts really guide young people who are new in supply chain market.Lot of efforts you have put in here to cover the topics in wider sense in your SCM Secrets. Thanks you team

@supplychainsecrets 2 жыл бұрын

Thanks and welcome

@supplychainsecrets 4 жыл бұрын

I hope this helps to understand P2P. Remember to request other video topics in the comments......... We'll try our best to cover them for you.

@sonaldutta9693 4 жыл бұрын

Sir, I just chanced upon one of your video headed as"Inventory Management" from July 14, 2008, and to be honest, I am quite amazed that you are spreading your thoughtful insights for quite a long time. I don't know why but I feel so happy to see your dedication, it just simply made me happy. I was feeling quite heavy with my work lately and was thinking to quit my job. I am just 23 and you must be thrice of my age and still have the spirit to make videos, keeping the good work in such a time of hardship due to the pandemic. I think I feel very positive by seeing you. You made my Day... Thanks Sonal

@supplychainsecrets 4 жыл бұрын

Thank you for your kind words. We enjoy sharing knowledge. Thrice you age!!! LOL. Not quite. Maybe I've had a tough life 😀

@xplorooo Ай бұрын

❤

@supplychainsecrets Ай бұрын

Glad you liked it

@juzlys 3 жыл бұрын

Often I have come across vendors offer 15% off to secure biz! This is always a concern for me. How could a salesman dilute 15% always? this is always in large scale projects ex: "soft furniture replacements." Another extreme is when the vendor realises that the client has a dependency (perhaps brands), heavy prices are charged, such as facilities management, MEP services (related equipment), CCTV, NVR, and UPS system related products, elevator maintenance. How often should the client rotate the vendor to avoid dependency?

@supplychainsecrets 3 жыл бұрын

Indeed, these things happen,