ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supply chains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 130

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. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Let's Talk Supply Chain

MARCH 17, 2025

ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industrys most complicated supply chain challenges. Using a holistic approach, he combines technology, supply chain expertise, and leadership skills to ensure sustained growth and profitability.

Logistics 52

Logistics Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Insights

MARCH 16, 2025

Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Bidding Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Then, the suppliers submit their bids and the company decides which one to hire. Without them, it will be more difficult to manage spending, control budgeting, vet your suppliers, and do what you need to do to get the most out of your procurement process. Subscribe Here!

supply chain budgeting 116

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

SCMDOJO

APRIL 3, 2022

Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

SCMDOJO

JUNE 3, 2025

Come along while we take a look at emerging tech tools and dig deeper into how cost estimation is being transformed into something faster, smarter, and surprisingly budget-friendly. Now you can enjoy stress-free, accurate budgeting. Those sorts of potential cost changes are flagged long before they impact your budget.

Procurement 58

Procurement Supply Chain Efficiency supply chain budgeting Budget 58

Procurement Templates

JANUARY 17, 2024

Tendering Procedures: USA: Competitive bidding is a common practice, and there are various types of procurement methods, including Request for Proposals (RFPs), Request for Quotations (RFQs), and Invitation for Bids (IFBs). industries by reducing costs associated with exporting and importing goods.

Procurement 130

Procurement supply chain budgeting Export Competitive bidding 130

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

Future Purchasing

FEBRUARY 25, 2025

Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supply chains, and an increasing demand for sustainability and transparency. Inflation creates budget pressure, meaning teams must deliver more with less.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

Planergy

FEBRUARY 24, 2025

This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. Vendor Selection Rigorous vendor selection processes ensure institutions partner with suppliers who can consistently meet quality, cost, and delivery expectations.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain!

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain 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.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

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

SCMDOJO

DECEMBER 11, 2023

This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain. These reports are vital to optimize the overall efficiency and effectiveness of an organization’s supply chain function. Download Free Supplier Performance Report 3.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Procurement Tactics

JULY 14, 2022

Almost all professionals in supply chain and procurement know that it is part of the huge procurement process. A procurement tender is a document that the supplier needs to complete when bidding for a contract. . Organizations commonly request for tender to get the best out of their budget. What is Procurement Tender?

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

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. In recent years unforeseen supply chain disruptions have forced companies to identify and plug these gaps at short notice.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Jaggaer

APRIL 9, 2025

Seamless integration with ERP and supply chain systems: MES synchronizes manufacturing operations with business planning, inventory management, and customer demand. Together, an ERP and an MES create an integrated network that provides a holistic view of finance, procurement, supply chain management, manufacturing logistics etc.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

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. Professionals should acquire the highest quality products from their potential suppliers that will suit their budget.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

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. Google Sheets gained share in SMEs.

Procurement 52

Procurement supply chain budgeting Influencing Procurement team 52

TYA Suite

JUNE 2, 2025

Such problems may result in delays, higher costs, and possibly interruptions in service or production. When both functions work together, businesses can reduce costs, improve quality, and build stronger supplier partnerships. It is examined for need and budget.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

TYA Suite

OCTOBER 27, 2024

Additionally, the software can automate the request for proposal (RFP) and request for quotation (RFQ) processes , enabling businesses to gather and compare vendor bids more efficiently. For instance, the software can track vendor financial health, monitor geopolitical developments, and flag potential risks in the supply chain.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

TYA Suite

MAY 3, 2025

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. You also reduce the need for paper storage space and minimize the risk of losing important paperwork.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

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

Supply Chain Game Changer

NOVEMBER 5, 2021

Subscribe to Supply Chain Game Changer. Some of the things you need to consider in your planning include: Goals to achieve Specific target market Number of years to get ROI Budget allotted for remodeling Timeline of the project. If you’re on a budget, you can also conduct bidding to hire contractors. Email Address.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Budget Bidding 98

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? CERTIFICATE COURSES Related courses about this subject 1.

Price 130

Price Purchasing Raw materials Negotiation 130

Procurement Tactics

AUGUST 30, 2022

Through electronic procurement, organizations can set guidelines or limits regarding the budget and spending within the platform. . Since electronic procurement is an online business platform, it utilized networked systems and web interfaces for supply chain processes and operations. Editor's note: Hi there! ENROLL NOW.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Procurement Templates

MARCH 3, 2024

Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Budget Analysis : Evaluating the available budget and financial resources is crucial to ensure that the procurement activities align with the organization’s financial capabilities.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

The Good Spending

AUGUST 23, 2022

The fight for discounts will lead to applying either of three project management levers - Time, Budget, or Scope - and the inevitable quality deterioration. It assumes that the winning bid includes solid commercials and non-material benefits, e.g., improvements in end-user experience. Cost avoidance Future years. Moderation.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Jaggaer

DECEMBER 4, 2018

JAGGAER’s Sourcing Optimization tool allows transportation companies to automate and evaluate high volumes of complex, conditional bids with multiple suppliers. The post Freight Procurement Solutions Are Transforming Supply Chains appeared first on Jaggaer. Companies like JAGGAER can show you how easy and profitable it can be.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Supply Chain Collaborator

MAY 23, 2018

Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS. Reduce Carrier Overcharges via Better Settlement Controls.

Supply Chain Efficiency 17

Supply Chain Efficiency supply chain budgeting Freight Audit Logistics 17

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Some of the first-hand areas from small to large organizations have been: An $8 billion global company has been placing all items for bid each year to realize cost savings. Landgraf, CEO at Above the Standard ( [link] ). Another $1.5

supply chain budgeting 79

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 79

Arkestro

MARCH 13, 2023

Arkestro empowers us to automate and accelerate the bidding process, speeding delivery of preferred supplier agreements to different businesses.” Also, budget forecasting was done based on suppliers’ assumed fixed costs, often making projections inaccurate.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement Bidding 52

Supply Chain Collaborator

JANUARY 11, 2019

Now here’s the logistics life hack! Instead of using your UltraShipTMS spot quote tool as you normally would (to drive competitive bidding amongst carriers for expedited loads), leverage the tool as an analytics device and gain insight into where your contract rate should be in real time. You’re just not seeing it yet!

Logistics 79

Logistics Competitive bidding Bidding Contract 79