Supply Chain Game Changer

JUNE 23, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Competitive bidding results article and permission to publish here provided by James Liang at PowerRFP. Leading a competitive bidding process can be painful. Subscribe Here! Email Address.

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Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

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Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. Today’s procurement challenges go far beyond cost negotiations and sourcing.

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Procurement Bidding Procurement team Supply Chain Efficiency 52

ivalua

JULY 21, 2021

The partnership accelerates procurement digital transformation with Ivalua. REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments.

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Jaggaer

FEBRUARY 5, 2025

A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price.

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Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

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Supply Chain Efficiency Procurement Ethics Contract management 130

Spend Matters

MAY 14, 2025

Procurement teams that manage direct materials sourcing continue to face persistent challenges, even as digital tools become more widely adopted. The situation is further complicated for global supply chains, particularly when suppliers are located in regions with strict data regulations and infrastructure challenges, such as China.

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Let's Talk Supply Chain

MARCH 5, 2025

In a bid to turn the tide on a recent sales slump, Advance Auto Parts is embarking on a bold initiative to revamp its supply chain. Revamping Supply Chain Strategies to Boost Sales Performance advance Auto Parts is making bold moves to rejuvenate its sales figures by overhauling its supply chain strategies.

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Procurement Tactics

JULY 21, 2022

33 Procurement Interview Questions in 2022. Procurement Portal — The Ultimate Guide of 2022. Many professionals encounter procurement portals through e-procurement. For this article, we will tackle what procurement portals are. For this article, we will tackle what procurement portals are. First Name.

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SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

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Spend Matters

JANUARY 23, 2025

Apple has made famous the use of ‘should-cost’ modeling and benchmarking as a cornerstone of effective procurement organizations for the past few decades, which has led many companies, big and small, to adopt the practice. This content does not express the views or opinions of Spend Matters.

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Procurement Insights

MARCH 16, 2025

Despite my 40-plus years in high-tech and procurement, I am always curious, so I value the insights I gain from the people in my extended community. How does a procurement professional use or interact with Model Context Protocol, and what improved outcomes does it achieve?

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Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Draw up selection criteria optimizing outcomes against risk. Request proposals based on your specifications (e.g.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

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supply chain software solutions Supply Chain Efficiency Management Procurement 40

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

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Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

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Procurement Tactics

OCTOBER 18, 2022

33 Procurement Interview Questions in 2022. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. Thus, enabling them to make smarter decisions regarding procurement strategies. . First Name. Download Free Whitepaper ?. ?.

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Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

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Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

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SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 91

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Understanding The Procurement Process.

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SCMDOJO

JUNE 3, 2025

Before digital tools entered the scene, thats almost exactly what procurement used to feel like. AI in Procurement Estimates: Explore the ways in which predictive analytics provide tailored insights for better decision-making. Thats the whole new level of precision you can enjoy in procurement, with the assistance of AI.

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SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

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Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 Version 24.3

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Planergy

FEBRUARY 24, 2025

Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?

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Procurement Insights

APRIL 5, 2025

3 GEP 1999 Established in 1999, a pioneer in procurement software with 25+ years. 4 Zycus 1998 Founded in 1998, a veteran in cognitive procurement solutions. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics.

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supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Value is paramount to procurement evolution. The following pyramid of procurement evolution puts the value proposition at the chart's top.

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Procurement Insights

APRIL 13, 2025

Hansens Procurement Insights blog does not explicitly describe a “learning loopback process for self-learning algorithms” in the context of procurement or his Agent-based Metaprise model. 20072014), focus on decentralized, agent-based procurement frameworks rather than detailed algorithmic processes. kg margins).

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

Jaggaer

FEBRUARY 5, 2025

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. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

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Procurement Insights

APRIL 13, 2025

As noted in previous posts, the Procurement Insights blog doesnt explicitly detail a learning loopback process for self-learning algorithms. However, past posts imply an iterative, adaptive mechanism within an Agent-based Metaprise model, where autonomous agents refine procurement decisions (e.g., cost predictions, supplier scoring).

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Ethics Supply Chain Optimization Export Data 52

Una

FEBRUARY 18, 2025

Procurement and sourcing professionals play a critical role helping decision makers discuss and rank those variables and then use them to select and contract with suppliers. Regardless of the industry you work in, deciding which third parties to work with requires strategic trade-offs, such as choosing between cost, quality, and lead time.

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TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

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Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

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Procurement Templates

MARCH 3, 2024

Check out my other page on s trategic sourcing A procurement assessment of needs is a systematic evaluation conducted by organizations to determine their requirements for goods, services, or works. This assessment aims to identify what the organization needs to procure to fulfill its objectives effectively and efficiently.

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Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

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Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

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