ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Heads

MAY 16, 2023

How did you get into procurement? These two different sides of your brain that need to work to be good at procurement are what I really enjoy. There are so many new, innovative solutions and you can’t have them all, so advising my clients which are the best fit for them is a great challenge. Where do I start?

Ethics 130

Ethics Sustainability supply chain software solutions Procurement 130

Procurement Heads

MAY 16, 2023

How did you get into procurement? These two different sides of your brain that need to work to be good at procurement are what I really enjoy. There are so many new, innovative solutions and you can’t have them all, so advising my clients which are the best fit for them is a great challenge. Where do I start?

Ethics 130

Ethics Sustainability supply chain software solutions Procurement 130

Procurement Heads

DECEMBER 7, 2022

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. How did you get into procurement? How big is the function?

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

Procurement Insights

JUNE 8, 2024

Almost every call I have ever received from a solution provider begins with how their solution works and solves a set of problems via a features, functions, and benefits outline. Now, if you were the only provider selling your solution you might get some potentially good traction.

supply chain budgeting 86

supply chain budgeting Price Sourcing Supply chain 86

Spend Matters

MAY 28, 2024

As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners who use this technology and the vendors who sell it. As a general principle, processes should work for people, instead of making people work for the process.

Procurement 87

Procurement Procurement team Collaboration Management 87

Procurement Heads

JULY 12, 2023

How did your procurement journey begin? It was really more a hygiene factor, getting an income stream while I worked out what I was going to do. As a result, I have ended up with seven companies, and seven industries and I am proud to say I’ve never worked in the same industry twice.

Leadership 130

Leadership Risk Suppliers Collaboration 130

Spend Matters

FEBRUARY 5, 2024

This Spend Matters Vendor Analysis provides an overview of Workfellow and its solution for process and task intelligence. Workfellow is a process- and task-mining vendor that enables process visibility and provides recommendations for how their operations can be approved. This content is for members only.

Management 85

Management Buyers Procurement Data 85

Spend Matters

MAY 15, 2024

Solutions that cover intake management and procurement orchestration have evolved from being niche or a novelty to being players in a competitive market. But Sören Petsch, head of procurement at the end-to-end e-commerce solution Rithum , has reaped the benefits of using Zip, his intake management tool, for two years.

Contract 92

Contract Procurement Management Procurement team 92

Spend Matters

FEBRUARY 26, 2024

Part of the ‘tail spend challenge’ relates how much effort it can take to understand it, acquire sufficient visibility and ‘data quality’ and address it with SxM and sourcing solutions. Part 1 of this Vendor Analysis provides an overview of Fairmarkit’s sourcing solution, an overall SWOT analysis and a list of key competitors.

Market analysis 93

Market analysis Sourcing Spend management Purchasing 93

World of Procurement blog

APRIL 23, 2024

In the complex dance of corporate procurement, Request for Proposal (RFP) documents play a pivotal role, acting as the bridge between a company’s needs and the potential solutions providers can offer. They are particularly useful when the buying organization lacks detailed knowledge about the solutions available in the market.

Procurement 52

Procurement Vendor relationships Budget Bidding 52

World of Procurement blog

APRIL 23, 2024

In the complex dance of corporate procurement, Request for Proposal (RFP) documents play a pivotal role, acting as the bridge between a company’s needs and the potential solutions providers can offer. They are particularly useful when the buying organization lacks detailed knowledge about the solutions available in the market.

Procurement 52

Procurement Vendor relationships Budget Bidding 52

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Each article gives an overview of the technology’s relevant capabilities, how GenAI is used and a high-level market outline that is informed by our recently conducted vendor survey.

Procurement 81

Procurement Risk management Raw materials supply chain software solutions 81

Spend Matters

MAY 22, 2024

There are different levels of GenAI applications in use by procurement solution providers, from basic/shallow to embedded ( see our definition of the ‘6 flavours of AI’ here ). This conservatism is especially true for the people ‘working in the trenches’” adds our analyst. But attitudes are changing.” applies more than GenAI.

Procurement 91

Procurement Data supply chain software solutions Contract 91

Procurement Express

JUNE 4, 2024

The Power of QuickBooks: A Trusted Accounting Solution In the ever-evolving landscape of business accounting software, QuickBooks has emerged as a clear frontrunner, dominating the market with its user-friendly interface and robust functionality. That’s the source of record for whether you know how much money you have.”

Real-time Visibility 52

Real-time Visibility Data Management Sourcing 52

IBM Supply Chain Blog

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications.

Real-time Visibility 92

Real-time Visibility e2e Networking Data 92

Procurement Insights

MARCH 29, 2024

How many of these are new start-ups? How many have been around for more than a decade? How many have been around for many decades? How many from the 2019 map made it to the 2023 map? How is the 2023 “expanded map” a benefit to practitioners? Founded in 2018, the company made the 2019 solution map.

Strategic sourcing 72

Strategic sourcing Strategic sourcing Purchasing Sourcing 72

World of Procurement blog

APRIL 24, 2024

It allows for an exploration of innovative solutions and emerging technologies, fostering a forward-thinking procurement strategy. The Interplay: RFI, RFQ, and RFP Understanding how an RFI works in conjunction with Request for Quotation (RFQ) and Request for Proposal (RFP) is essential to master the procurement art.

Procurement 52

Procurement Procurement strategies Bidding Innovation 52

Spend Matters

MAY 28, 2024

We strive to improve how we communicate this procurement tech market intelligence based on customers’ requests. Solution providers wanted their strengths, weaknesses and differences portrayed in a more visual way. Solution providers wanted their strengths, weaknesses and differences portrayed in a more visual way.

Data 83

Data Procurement Leadership Quality 83

Spend Matters

NOVEMBER 9, 2023

What it does Calculum is a cloud-based analytics solution that specializes in optimizing payment terms. It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. In no order of preference, today we are sharing the reasoning behind our selection of Calculum.

Supply Chain Optimization 88

Supply Chain Optimization Negotiation Buyers Suppliers 88

Procurement Insights

JUNE 11, 2024

EDITOR’S NOTE: I sent the following business case overview over the weekend to select solution providers. Which of the five priority areas can your organization and solution help Target with? Source: CNN ) Solution Provider Response (Mintec) Why does any of the information below matter? billion in the prior year to $24.53

Price 78

Price Sourcing Purchasing Suppliers 78

Spend Matters

FEBRUARY 21, 2024

This Spend Matters Vendor Analysis provides an overview of Deployed and its solutions for Statement of Work (SOW). SOW drafting traditionally starts once a supplier bid has been accepted and the business is ready to move forward with work. They are also using its learning services to improve how SOWs are written.

Bidding 85

Bidding Market analysis Buyers Suppliers 85

IBM Supply Chain Blog

APRIL 8, 2024

It’s no longer a question of whether AI will transform business and the workforce, but how it will happen. Here’s how top CHROs are already seizing the opportunity. They’re thinking more broadly about how to build, buy, borrow or “bot” the skills needed for the present and future.

Strategy 63

Strategy Project management Leadership Business strategy 63

Procurement Insights

MAY 25, 2024

Unfortunately, the word solution is an overused misnomer that usually refers to a particular type of technology. In today’s post, I will explain why solution providers, in particular, should pay close attention to the real secret to successfully elevate a practitioner’s procurement practice. – Yes, Virginia!

supply chain software solutions 81

supply chain software solutions Supply chain Supply Procurement 81

Spend Matters

DECEMBER 22, 2023

This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them. Having the business user interacting with LLMs is only the first step.

Procurement solutions 79

Procurement solutions supply chain budgeting Procurement Budget 79

Spend Matters

SEPTEMBER 19, 2023

Find out how Spend Matters holistically helps Solution Providers >> I don’t often get to ‘take to the digital boards’ of Spend Matters these days anymore, but a snarky-ish post I made on LinkedIn has led to so much public and private reaction and conversation (a month later!) that I felt obligated to dive deeper.

Influencing 91

Influencing Strategy Suppliers Data 91

Procurement Insights

MAY 6, 2024

EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes.

Negotiation 85

Negotiation Supplier negotiation Suppliers Contract 85

IBM Supply Chain Blog

MAY 9, 2023

If you’ve followed IBM over the past few years, you know how critical the IBM Ecosystem is to our growth strategy. IBM’s announcement today of the Watsonx platform to power next generation foundation models for business is a prime example of how we are doubling down on the technology that will transform the enterprise.

Vendor relationships 95

Vendor relationships Strategy Budget Quality 95

Spend Matters

FEBRUARY 8, 2024

Dr. Elouise Epstein, one of the preeminent experts on digital procurement and how it affects supply chains, also cites orchestration as one of the coolest things to happen in procurement in the last year. In a world of suites and best-of-breed (BoB) solutions, orchestration has the potential to disrupt the procurement market.

Procurement 77

Procurement Agile and Lean Supply Chain Buying process Supply Chain Efficiency 77

Procurement Insights

JANUARY 17, 2024

.” Customers want to tell you how you can make their lives easier. They want to let you know how you can make their experience better. ” Problem-Solving Versus Solution Selling COMMENT 1 Great question, Shep Hyken ! But what is the impact of your solution beyond the procurement department?

Procurement solutions 75

Procurement solutions Procurement Vendor relationships Suppliers 75

Spend Matters

JANUARY 29, 2024

In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50 Procurement Providers to Watch. A working definition of modern slavery is anyone who is forced to work without pay, under threat of violence, is economically exploited or is unable to walk away.

Procurement solutions 93

Procurement solutions Supply Chain Efficiency Procurement Supply chain 93

Finale Inventory

JUNE 13, 2024

As an ecommerce seller, you need a reliable inventory management solution to help you stay organized, streamline your operations, and grow your business. By analyzing historical sales data, market research, and seasonal trends, businesses can make informed decisions about how much inventory to hold.

Inventory 52

Inventory Supply Chain Efficiency Management Real-time Visibility 52

Vested Way

DECEMBER 29, 2023

Senior executives chartered a task force to embark on a six-month effort to review the changing landscape of how increased commoditization and digitization would impact how Telenet operated. One area that came under scrutiny was how Telenet approached its network operations.

Innovation 52

Innovation Networking Sustainability Suppliers 52

IBM Supply Chain Blog

SEPTEMBER 11, 2023

IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments. This partnership gives clients the flexibility to choose the right mix of technologies for their needs, and IBM Consulting can help them scale those solutions enterprise-wide.

Raw materials 104

Raw materials Innovation Cost of ownership Data 104

Procurement Insights

MAY 14, 2024

“One common mistake I see repeated is to ignore other possible solutions to the same problems that may be superior, e.g., scanning/ workflow ‘solutions’ to the paper invoice problem, versus properly digitalizing the whole process.” How many are still clients of the solution provider?

Suppliers 58

Suppliers Import Leadership Collaboration 58

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. A collection of these quick takes, conference insights and solution comparisons is below. In this four-part series, he delves into the history of automation, AI and how procurement may proceed.

e2e 75

e2e Procurement supply chain software solutions Contract 75