ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

Procurement 130

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

ivalua

MAY 21, 2025

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain e2e 130

Procurement Tactics

MAY 8, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Supply Chain Game Changer

JUNE 5, 2025

Subscribe The Complexity of the Lego Supply Chain! Supply chains in the energy sector are among the most complex and capital-intensive in the world. Key insight for finance professionals: Supply chain complexity is more than logistics. It’s about capital flow, asset risk, and regulatory layering.

Agile and Lean Supply Chain 58

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 58

SCMDOJO

APRIL 15, 2025

Consider this your business suddenly faces a major supply chain disruption. But the truth is, a fragile supply chain can make or break your companys success in today’s world. But the truth is, a fragile supply chain can make or break your companys success in today’s world.

Agile and Lean Supply Chain 69

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 69

Spend Matters

JUNE 2, 2025

While traditional KPIs often emphasize cost savings or budget control, aligned organizations take a more strategic approach, tracking performance indicators that reflect the joint impact of finance and procurement on business outcomes. Compare actual procurement costs against financial forecasts to improve budget accuracy.

Sustainability 64

Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 64

Spend Matters

MAY 1, 2025

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. A well-structured transformation journey ensures organizations progress from basic digitalization to advanced AI-driven procurement, enabling smarter decision-making, better compliance and optimized supply chain performance.

Real-time Visibility 71

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 71

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

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

MAY 27, 2025

Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management. To resolve this, companies need to do the following: 1.

Real-time Visibility 74

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 74

Jaggaer

APRIL 9, 2025

How MES is Shaping the Future of Manufacturing and Boosting Production Efficiency What is a Manufacturing Execution System (MES)? An MES provides a functional layer between enterprise resource planning (ERP) and process control systems, giving decision-makers the data they need to make their production area more efficient.

Supply Chain Efficiency 52

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

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. Optimize Cost & Efficiency Automation eliminates manual bottlenecks, allowing for faster, more cost-effective procurement cycles.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Business budgeting plays a crucial role in the financial success of a company.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. 8 Steps to Improve Procurement Efficiency. When it comes to improving procurement efficiency, though, a sourcing hero’s work is never truly done.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Pipefy

APRIL 22, 2025

If youre in procurement or supply chain, chances are youve wondered: How can I rethink this process, make smarter decisions, and still save time? Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments. Lets take a look.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

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

Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

supply chain budgeting 52

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

Spend Matters

MARCH 25, 2025

However, the reality is that stakeholders, including budget owners, business units, etc., Suppliers and external partners contribute another layer of complexity, as they rely on procurement systems for seamless onboarding, data accuracy and operational efficiency. largely control procurements level of influence.

Stakeholder engagement 86

Stakeholder engagement Management Procurement Influencing 86

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Benefits of No-code Platforms.

supply chain software solutions 137

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 137

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

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. Transparent Costs and Building Strong Supplier Relationships: Discover the valuable role transparency plays in building trust with customers and suppliers.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Core Competencies in the Procurement Framework Sourcing Involves identifying and evaluating the best suppliers to secure high-quality goods and services.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). Below are some key areas where CPI can improve supply chain efficiency: 1. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Spend Matters

MAY 6, 2025

These differing goals can create friction, impacting cash flow efficiency. Procurement’s cash flow priorities Procurement plays a vital role in cash flow management by: Strengthening supplier relationships to ensure resilience in the supply chain. Lets take a look at the differing priorities of finance and procurement.

Supply Chain Optimization 71

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 71

Spend Matters

APRIL 15, 2025

Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management.

Real-time Visibility 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 102

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 102

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. in savings.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Spend Matters

APRIL 17, 2025

Sure, automating old, repetitive processes makes your work more efficient. Also, not having a proper requirement management process negatively impacts a projects budget, schedule or quality. Making development, testing, and acceptance challenging and strenuous as there is no source of truth of what the deliverables should be.

Change management 106

Change management Negotiation supply chain budgeting Budget 106

Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives. Why is it important?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. A clear budget 4. What is a Job Order?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184