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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Indirect procurement supports organizational agility, requiring tailored controls and workflows to manage cross-functional spend. Find Out More What Is Procurement?

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How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.

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How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.

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Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

High-performing organizations prioritize which type of analysis directly supports specific business outcomes: Tail spend analysis helps identify low-value purchases that add up fast. For example, a healthcare organization may use quarterly spend trend analysis to adjust purchasing volumes and avoid year-end budget overruns.

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Procurement Talent: Upskilling for the AI Era

Procurement Software

Category Managers memorised ERP commands as if they were sacred. Category management Modern category managers orchestrate ecosystems of suppliers, technologies, and internal stakeholders. They design category strategies that integrate seamlessly with business innovation cycles.

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The New Procurement Reality: Thriving Amid Policy Shifts, Logistics Gaps & Demand Swings

Jaggaer

I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at Supply Chain Insight. Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. As late as the 1990s, supply chains were very local.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) Such categories are better suited to tactical sourcing.