Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

Influencing 96

Influencing Procurement supply chain budgeting e2e 96

Spend Matters

JANUARY 23, 2025

The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate. supplier count, event size).

Price 100

Price Negotiation supply chain software solutions Supply Chain Optimization 100

Jaggaer

FEBRUARY 5, 2025

A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. Automation can also play a role here.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

SCMDOJO

JULY 28, 2022

However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices. What is Supplier Registration?

Suppliers 132

Suppliers Bidding Purchasing Quality 132

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

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.” Data silos also inhibit agility, Keeley said. “As

Agile and Lean Supply Chain 130

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

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. As companies defer or ignore certain spend categories, they risk missing significant opportunities for cost savings and improved supplier relationships.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

SCMDOJO

OCTOBER 3, 2024

In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 97

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

MARCH 4, 2016

getting involved early on in the New Product Introduction ( NPI) cycle to ensure suppliers risk is being properly evaluated in production capacity and quality. If they do have a solution, they are using systems built for indirect spend. The post Are you a Supply Chain Visionary Vick or Laggard Larry? Time is Money.

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

FEBRUARY 5, 2025

A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. 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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Choosing suppliers. Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. After that, a request for a proposal gets sent out to potential suppliers. Subscribe Here! Email Address.

supply chain budgeting 116

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 116

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . A procurement portal is a combination of internal procurement software and a vendor portal. . It is also known in the industry as a supplier portal. .

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Insights

MARCH 25, 2025

Percentage of Suppliers Responding to RFP Requests No definitive, broad-spectrum statistic exists for the percentage of suppliers who respond to RFPs across all industries. Response rates vary widely depending on industry, RFP complexity, supplier capacity, and perceived opportunity value. Would you do it?

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. market share (Apps Run The World, 2023) lead.

supply chain software solutions 52

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

Supply Chain Game Changer

AUGUST 15, 2019

Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Article written for Supply Chain Game Changer by, and permission to publish here provided by, Tyler Brown. Does your business rely on at least one supplier? Email Address.

Suppliers 75

Suppliers supply chain software solutions Supply Chain Efficiency Supplier relationship management 75

Procurement Insights

MAY 3, 2025

Ariba) was niche, and spreadsheets remained standard for supplier data and budgeting. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. McKinsey: 73% of supply chain executives used basic tools, suggesting slight decline. in spreadsheet software market).

Procurement 52

Procurement supply chain budgeting Influencing Procurement team 52

Value Match

SEPTEMBER 8, 2022

Bid Management. Where data quality varies and interconnecting supplier systems are used it increase the likelihood of vulnerabilities according to the National Audit Office. The target was Advanced, a supplier into the NHS that provides software for various parts of the NHS. Categories. Best Practice Guides. Case Study.

supply chain software solutions 64

supply chain software solutions Supply chain Supply Bidding 64

Jaggaer

MARCH 30, 2020

These outcomes range from stronger, more diverse supplier selection to higher employee satisfaction and lower levels of burnout. “If The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing. This will fundamentally change your sourcing abilities.

Sourcing 99

Sourcing Data Bidding Supply Chain Efficiency 99

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Tactics

AUGUST 30, 2022

EDI was further improved in the 1990s as organizations developed specialized online catalogs for suppliers. . In order to meet this objective, it is significant for organizations to establish strong relationships with their suppliers. . It involves supplier relationships and information management. . Editor's note: Hi there!

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Procurement Tactics

JULY 13, 2022

The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain. This will allow you to give importance to these functions that will keep your supply chain sustainable. Many processes in procurement are done using procurement software. Procurement Today. Procurement Function .

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs. What is Procurement Software?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. This software plays a pivotal role in automating and optimizing procurement tasks, thereby enhancing productivity and reducing costs. What is Procurement Software?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

TYA Suite

MAY 3, 2025

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

SCMDOJO

JUNE 3, 2025

Transparent Costs and Building Strong Supplier Relationships: Discover the valuable role transparency plays in building trust with customers and suppliers. Transparent Costs: Building Better Supplier Relationships Digital tools provide precise breakdowns of labor, materials, and fees, which helps you bring transparency to the table.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Advanced Features of Procurement Management Systems are advanced features of procurement management systems that enable electronic transactions between buyers and suppliers.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Finale Inventory

JUNE 24, 2024

By implementing streamlined inventory processes, businesses can reduce storage costs, minimize waste, and optimize their supply chain management. In addition to demand forecasting and multichannel management, ecommerce businesses must also address issues such as product seasonality, supplier lead times, and inventory turnover rates.

Inventory 52

Inventory supply chain software solutions Management Supply Chain Optimization 52

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe to Supply Chain Game Changer. Raw material inventory management represents a vital stage in the successful supervision of any manufacturing company’s supply chain. Improved relationships with suppliers: You can use sophisticated inventory insights to negotiate excellent deals with suppliers and vendors.

Inventory 98

Inventory Raw materials Management supply chain software solutions 98

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? Improvements to end-to-end supply chain efficiency.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Supply Chain Game Changer

OCTOBER 24, 2022

Subscribe to Supply Chain Game Changer. The Bullwhip Effect is a pretty popular phenomenon and conversational topic in supply chain management. In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. Email Address. Planning and purchasing.

Real-time Visibility 81

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 81

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How AP can improve relationships with your key suppliers. Think classroom supplies, laboratory equipment, educational software, and learning resources. What's PLANERGY? How to capture early payment discounts and avoid late payment penalties.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. In many organizations, especially those with complex operations or large supplier networks, the is not handled casually. What is the purchasing process? Purchasing is a subset of procurement.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Insights

SEPTEMBER 15, 2023

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? “AI assesses supplier performance data, quality records, and market intelligence to revamp supplier selection and management.

Buyers 75

Buyers supply chain software solutions Bidding Quality 75