ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

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

ivalua

MAY 19, 2022

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. This blog will answer these questions plus a few more. But why is this so important for business, and what does it mean for prospects and customers?

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Internal re-processing costs . Maverick buying .

e2e 130

e2e Suppliers Procurement Contract 130

ivalua

APRIL 7, 2022

Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. We’ve taken measures to minimize this impact–but our event cannot completely eliminate it. Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris!

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

Strategic Sourceror

JULY 11, 2022

Organizations that have utilized traditional procure-to-pay (P2P) solutions are experiencing the need to monitor spend efficiency more closely. Leaders are prompted to seek more robust solutions— while lowering costs —and find that a comprehensive source-to-pay (S2P) platform is the answer.

e2e 52

e2e supply chain budgeting supply chain software solutions Strategic sourcing 52

ivalua

JUNE 7, 2021

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

Strategy 130

Strategy Procurement Collaboration Innovation 130

ivalua

OCTOBER 4, 2021

New legislation and regulations that support these imperatives are adding to the urgency for businesses to adopt and execute on corporate social responsibility (CSR) initiatives — but there are barriers to overcome, especially in Procurement. Getting Business Priorities Straight. Take, for example, Boohoo, a major retailer in the U.K.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability supply chain software solutions Suppliers 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Strategic sourcing 85

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 85

Strategic Sourceror

JANUARY 13, 2023

In one form or another, virtually all industries are utilizing automation to facilitate their work processes for greater efficiency, speed and accuracy and to lower costs. Surge in robots-as-a-service usage Robots as a service, or RaaS, refers to the delivery of robotic solutions on a subscription or pay-per-use basis.

supply chain software solutions 62

supply chain software solutions Supply Chain Efficiency Strategic sourcing Strategic sourcing 62

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. One focuses on transactional functions, for example, while the other focuses on the strategic process of product sourcing. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Strategic Sourceror

MAY 13, 2022

From microchips to crude oil to food staples that are typically well stocked — like wheat, corn and eggs — the items you need to complete your manufacturing processes remain difficult to come by. In just about every product-driven industry, too many dollars are chasing after too few goods.

Suppliers 52

Suppliers Raw materials Strategic sourcing Strategic sourcing 52

Una

NOVEMBER 14, 2022

Five Predictions for the Future of Procurement. As we move further and further from the effects of a global pandemic, procurement will not revisit the “good old days” of the mid-2010s. COVID permanently changed the procurement game. Did the pandemic already write procurement’s future? By Eric Edwards | November 15, 2022.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Zycus Cognitive Procurement

NOVEMBER 24, 2021

Organizations relying on manual and paper-driven processing cycles face inefficiencies across the accounts payable process cycle. This leads to delay in payment processing and also leads to errors or duplication in processing. Like staying on top of all things procurement? Slow Processing. Slow Processing.

e2e 40

e2e Purchase orders Purchasing Vendor relationships 40

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. It’s a critical process that can offer an abundance of insights about your company’s spending patterns. In this blog post, we delve deep into the pivotal role that spend analysis plays in strategic sourcing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 12, 2021

How to Hire the Best Procurement Pros has got to be high on your agenda especially as the recruitment market hots up and, based on what we are seeing currently post-covid, shifts to a candidate market. So how do you attract the best talent and hire the best procurement professionals? Some will see the pay as too little.

Procurement 52

Procurement Procurement team Influencing Management 52

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement 87

Procurement Supplier relationship management Eprocurement Suppliers 87

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. Last year they were the fastest growing supermarket in the US and were named the UK’s favourite supermarket.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Empowering CPO

JUNE 30, 2023

Introduction Have you ever wondered how much time, effort, and money your company spends on procurement? According to the Hackett Group, companies that leverage procurement outsourcing services can reduce their procurement operation costs by 15% to 25%. Allow us to introduce ourselves.

Management 40

Management Procurement Real-time Visibility Supply Chain Efficiency 40

Positive Purchasing

NOVEMBER 21, 2023

He makes no secret of the fact that he has never enjoyed his negotiations and interactions with his client’s procurement teams, so we thought – as he has now “come over to the Dark Side” as he puts it – we’d take the opportunity to find out why. Long Ago and Far Away I think there are broadly two types of procurement.

Procurement 64

Procurement Negotiation Procurement team Contract 64

IBM Supply Chain Blog

APRIL 26, 2023

Of course, this process should be transparent to the customer. However, the time it takes to procure additional recourses to scale-up a given system could take weeks or months in a traditional on-premises environment, while scaling-up in the cloud can take only minutes. IT Managers run into scalability challenges on a regular basis.

Demand 70

Demand Networking Budget Management 70

Zycus Cognitive Procurement

JANUARY 26, 2022

The procurement function in most companies has changed from being a support team to becoming a strategic partner in the success of the company. Cost savings is no longer the top KPI for procurement departments. Procurement technology has evolved as well, in parallel. As the role of procurement changes, so does its risks.

supply chain budgeting 52

supply chain budgeting Budget Procurement Contract management 52

Zycus Cognitive Procurement

MARCH 12, 2021

Most blogs on the internet that cover P2P challenges focus on the tactical ones such as invoice processing time, low accuracy, and high cost of processing an invoice, etc. In this blog, we look at four less talked about P2P challenges that hamper the effective adoption and implementation of a P2P solution. These are: 1.

Procurement 40

Procurement Suppliers Cost of ownership Procurement solutions 40

Positive Purchasing

SEPTEMBER 5, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan works with global blue-chip organizations to help transform their procurement capability. So, we did a swift 90º proposition reboot and became a business helping big global organizations be really good at procurement and negotiation.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Enjoying a high maturity vis-a-vis other Finance & Accounting (F&A) processes, the AP function also lends itself beautifully to digital transformation. In a report produced by the Aberdeen Group, the best-in-class practices in AP— including automation—can reduce the Invoice processing time by 58% over the industry average.

e2e 40

e2e Suppliers Data Purchase orders 40

Zycus Cognitive Procurement

FEBRUARY 2, 2021

The pandemic has revived interest in the digital transformation of the entire Source to Pay (S2P) process. Contract management and e-procurement are other immediate areas of transformational interest for enterprises. Why E-Procurement? Autonomous Procurement and AI. Why Contract Management?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

Zycus Cognitive Procurement

JANUARY 12, 2021

Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. The process of source to contract starts with analyzing the requirement, developing a sourcing strategy, contract negotiations, contract implementation, and supplier performance management.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Zycus Cognitive Procurement

JANUARY 6, 2021

AP Automation is not a completely new concept. The benefits of Artificial Intelligence are very well documented when it comes to optimizing business processes. However, the concept is straightforward: you take slow, repetitive processes that typically waste hours or days each month and let a smart tool take care of them for you. .

Buyers 40

Buyers Risk Negotiation Contract 40

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Accounts Payable(AP) automation may be defined as the amalgamation of detailed complex process knowledge and advanced technology to automate and derive efficiency. According to a recent Hackett Report, the top performers are processing over 40,000 invoices per person per annum, whereas laggards are processing less than 10,000.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Supply Chain Efficiency Budget 40

EazyStock

JUNE 10, 2022

Whether paying using our phones, watching TV on the go, ordering in restaurants, or booking a taxi, they make our life easier. Apps can also support our working lives, replacing or enhancing processes. Working in supply chain or inventory management can be busy and stressful. We all use apps in our personal life. Logistics tracking.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization supply chain software solutions Inventory 52

The Procuretech Podcast

OCTOBER 3, 2022

We're continuing our series of interviews with industry experts and thought leaders to get their take on digital procurement. Today's guest is a big personality in the supply chain space: Dr. He's got a YouTube channel with almost 10,000 subscribers and a complete resource platform for online courses. . guides, easy to read lists. .

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Zycus Cognitive Procurement

DECEMBER 9, 2020

Now that the situation is slowly moving towards normalcy, supply chain and procurement teams are under insurmountable pressure to monitor and mitigate supplier risks and compromise competitiveness closely. The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. had to shut down temporarily.

Risk management 52

Risk management Risk Suppliers Management 52

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It’s Time to SELL! With change comes new methods of communicating.

Procurement 50

Procurement Supplier relationship management Eprocurement Suppliers 50

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Supply Chain Game Changer

NOVEMBER 5, 2020

Within the supply chain discipline, many roles can require extra effort and long hours, especially if you are working to meet a deadline, process a shipment, or stay on a production schedule, for example. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Reasons Supply Chain Employees Look For New Jobs!

Supply chain 95

Supply chain Supply Ethics Procurement 95

Planergy

SEPTEMBER 8, 2022

In this blog post, we’ll break down everything you need to know about supplier performance management, including how to measure it and what factors to consider. Supplier performance management (SPM) is the process of assessing supplier performance in order to identify areas where they need to improve. Cristian Maradiaga.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52