Procurement Templates

DECEMBER 11, 2024

Sustainability and Compliance: Ensure procurement activities align with environmental, social, and governance (ESG) standards and regulatory compliance. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Procurement Insights

JANUARY 3, 2025

Analytics and insights from procurement data were minimal. 20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Markus Leutert.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 130

Planergy

MAY 8, 2025

4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. Nearly 50% of teams still report productivity slowdowns due to manual data entry, though 43% of leaders are prioritizing change. [4] The progress made in recent yearsparticularly in 2024set a strong foundation.

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Spend Matters

APRIL 23, 2025

Spend Matters asked him to revisit his earlier theme of creating a digital transformation roadmap and update those insights to reflect his current focus expansion into AI and human augmentation for the Spend Matters Digital Procurement Transformation Survival Guide. Heres what he had to say.

Procurement team 74

Procurement team Procurement Data Sourcing 74

Spend Matters

APRIL 30, 2025

In it, Pierre Mitchell and Bertrand Maltaverne from Spend Matters, Piotr Pierzak from Novartis and Sudhir Bhojwani from ORO Labs explored how orchestration is becoming a strategic imperative for procurement leaders and what it looks like in practice across technology and operations. This fragmentation is not just operational; it is strategic.

Suppliers 83

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 83

TYA Suite

MAY 13, 2025

This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment. The need is recognized and communicated to the procurement team to start the process. is made after the necessity has been determined.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 113

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 113

Procurement Software

JANUARY 26, 2025

The Future of Procurement: The Bullish Case In this optimistic outlook, procurement undergoes a transformation driven by compelling external forces. Visibility and Transparency Heightened demands for supply chain visibility propel investments in technologies that enhance transparency across procurement processes.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Category management Agile and Lean Supply Chain 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Meanwhile, the pace of business is accelerating, requiring organizations to be more responsive and agile.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Spend Matters

MAY 20, 2025

For organizations with very particular requirements or operating in niche environments, BoB platforms can offer a more tailored, agile and cost-effective approach. That same organization, however, might bring in a BoB contract management tool to meet stricter legal workflow needs or a specialized supplier risk platform to meet ESG goals.

Contract 85

Contract Agile and Lean Supply Chain Sourcing Suppliers 85

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 100

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 100

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Everything about Certa.ai

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Procurement Insights

APRIL 9, 2025

Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Agent-Based Solution : AI agents analyze historical and real-time data to predict risks (e.g., Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

Procurement Insights

MAY 21, 2025

Agility in Volatility: Real-time adjustments to demand spikes, supply shortages, or ESG regulations ensure continuity. Difficulty Engaging Stakeholders Human-AI Collaboration: Procurement teams override AI decisions for ethical or strategic exceptions (e.g., 7585% e-procurement initiative failure rates).

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Procurement Insights

MAY 10, 2025

Procurement Insights subscribers Procurement Insights newly integrated Historic Procurement Industry Archives is a powerful complement to other procurement industry firms, not a competitor. It fills critical gaps in depth, agility, and contextual insight that most traditional analysts and association models overlook.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Skill Dynamics

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. This approach also helps with overall team development.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

Using Data to Drive Smarter Procurement Decisions If youve ever wondered how some teams seem to be steps ahead, the secret is often data analytics. In 2024, procurement leaders leaned heavily on data to fine-tune their procurement strategies, uncover hidden opportunities for savings, and improve supplier performance.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Spend Matters

JUNE 22, 2023

Amid the disruption, leading procurement teams have demonstrated an immense capability to help businesses weather the storm – picking up a whole host of new responsibilities in the process. What the modern procurement function needs to succeed In the last few years, we’ve seen disruption quickly shift from the exception to the norm.

Procurement 98

Procurement Agile and Lean Supply Chain Procurement team Innovation 98

Procurement Heads

SEPTEMBER 6, 2023

The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain. I liked the fact it was highly commercial, which interested me, and I could see how procurement – as a profession – was growing and maturing.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sustainability 130

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 96

Purchasing Risk Management Procurement 96

Jaggaer

APRIL 16, 2025

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. On the demand side, there is pressure to do more with less.

Procurement 52

Procurement Demand Planning Data interpretation Supply Chain Efficiency 52

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Una

APRIL 13, 2023

Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Arkestro

AUGUST 1, 2024

Charlotte de Brabandt Procurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical.

Procurement 52

Procurement Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Insights

APRIL 30, 2025

Heres a breakdown of how Procurement Insights complements or challenges each major analyst firm: Value Contribution of Procurement Insights to Each Analyst Firm Analyst Firm How Procurement Insights Adds Value Gartner – Offers a counterbalance to Gartners enterprise-centric, vendor-funded evaluations.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52