Spend Matters

DECEMBER 23, 2024

By consolidating spend through our system, customers are looking to gain clearer visibility and control over procurement. Metrics around supplier consolidation and spend concentration are also common. Customers use Onventis to consolidate suppliers and negotiate better terms.

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

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Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Dive

JUNE 23, 2025

Skip to main content Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Add to this the pace of technological change in the supply chain space, and you have a perfect storm of challenges facing procurement departments across industries.

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Procurement supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency 69

Procurement Insights

MAY 1, 2025

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

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Procurement Supplier consolidation Supply Chain Optimization Agile and Lean Supply Chain 52

Procurement Insights

MAY 21, 2025

supplier bankruptcies, geopolitical risks) and autonomously activate contingency plans. Example: During the 2025 China tariff retaliation, agents rerouted $700M in coffee imports to Latin American suppliers, limiting cost hikes to 57%. favoring local suppliers for ESG goals), fostering trust.

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

World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. To mitigate supply chain risks and improve business continuity by reducing dependence on many small suppliers.

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Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Consolidation. Subscribe Here!

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78