Spend Matters

APRIL 15, 2025

Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers. It is not only reducing spending on spare parts and improving inventory management, it is helping manufacturers create digital twins of their machinery to anticipate breakdowns before they happen.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Procurement Insights

FEBRUARY 1, 2025

As a result most vendors have developed their solutions to manage centrally negotiated contracts that are combined with an aggressive supplier compression strategy. This ultimately leads to the compliance and change management problems experienced by most organizations. What About An AI Savings Event Horizon?

Change management 52

Change management Negotiation Purchasing Strategy 52

ivalua

SEPTEMBER 2, 2019

Providing a perfect fit for Viparis project support needs, CKS combines mastery of the Ivalua solution with thorough knowledge of the Procurement process and the ability to lead change management. We were convinced by the quality and the extensive functional scope of the Ivalua solution.

e2e 133

e2e Procurement Purchase orders Project management 133

Una

JANUARY 11, 2023

Yet typically, 15% to 30% of spend is only guided by policies that decentralized buyers may be too busy to follow. Procurement teams had to be content with establishing policies and encouraging buyers across the business to follow them. Focus on change management. 6 Steps for Successful Change Management in Procurement.

Procurement 98

Procurement Raw materials Change management Risk 98

Skill Dynamics

JANUARY 14, 2025

Strong project management will eliminate many of the issues that can arise throughout the procurement process by keeping all teams and stakeholders aligned with the vision and goals set out in the strategy.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Implementation is challenging: Healthcare organizations tend to underestimate what’s involved with successful implementation.

supply chain budgeting 221

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

Spend Matters

DECEMBER 15, 2023

2024 will be the year of change management, where enhanced training and upskilling programs will ensure that seasoned procurement experts stay agile in this digitally driven age.

Procurement solutions 113

Procurement solutions Procurement Agile and Lean Supply Chain Contract 113

Procurement Software

MARCH 16, 2025

Furthermore, Procure-to-Pay (P2P) , e-Sourcing and Supplier Relationship Management (SRM) apps often contain supplier portals. Three-way communication between Buyers, Stakeholders and Suppliers avoids the need for unnecessary emails. Digital procurement tools are the enabler to free up time for these.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

ivalua

OCTOBER 29, 2019

Change Management. Communication is the largest part of change management, but it deserves independent consideration as well. Ensuring that there is a dedicated change management workstream mitigates the risk level of the entire implementation. Where are the greatest changes taking place?

Eprocurement 100

Eprocurement Risk Influencing Change management 100

Procurement Insights

APRIL 30, 2025

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. Nimble, Deep), ensuring they reflect real-world buyer priorities (e.g.,

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

SCMDOJO

APRIL 11, 2025

The Core Role of CRM in Modern Supply Chains CRM systems first existed to manage customer interactions, track leads, and aggregate information from sales and marketing departments. Change Management: Employees must learn the new system, additionally workflows must be updated accordingly.

Supply Chain Efficiency 67

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 67

Spend Matters

AUGUST 8, 2022

To potential buyers — Medius has +20 years of experience in the AP and e-procurement space. Medius also works with consulting partners to deliver broader change management programs. To customers — Medius P2P customers benefit from a robust and unified platform, improving its P2P process automation, controls and insights.

Market analysis 75

Market analysis Spend management Buyers Change management 75

TYA Suite

NOVEMBER 15, 2024

Each participant in the procurement process—whether they are suppliers, buyers, or logistics providers—has access to this shared ledger. Each item can be assigned a unique code that records its journey—from its origin to the final buyer. Instead, a network of computers, known as nodes, collaborates to maintain the blockchain.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

ivalua

JUNE 1, 2022

However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects. Clearly, there are varying business expectations and the need to address transformational change management. How can Amrest start this journey?

Real-time Visibility 130

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

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. This saves buyers not only money, but hours of conversation time. This delivers the buyer lower unit prices.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Let's Talk Supply Chain

JANUARY 13, 2025

Before joining GAINS, Amber was a Senior Research Director at Gartner, where she advised over 1000 clients spanning software vendors, prospective buyers of software, end-users of software, and institutional investors on advancing their supply chain strategies to drive performance.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

Supply Chain Collaborator

APRIL 7, 2016

Most buyers are too intently focused on features and functionality to the detriment of service levels and costs. Change Management responsibilities. You only get one chance, during the selection process, to compel prospective solution providers to be forthcoming with details of their solution and their associated costs.

Cost of ownership 61

Cost of ownership Buyers Logistics Change management 61

TYA Suite

JANUARY 27, 2025

Advanced Features of Procurement Management Systems are advanced features of procurement management systems that enable electronic transactions between buyers and suppliers. Effective training and change management are critical for the successful adoption of a procurement management software.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Change Management Focus : Streamlining implementation cycles (currently averaging 16 months) can reduce resistance and improve adoption rates 3.

Supply Chain Efficiency 52

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

Spend Matters

JUNE 21, 2024

To understand their proposition read our Buyers Guide To Intake and Orchestration solutions. And you need stakeholder buy-in in order to align all their organizational goals and to transition to these new tools, because this is a change management topic to drive continuous improvement, not just for this one implementation, but for long term.”

e2e 109

e2e Procurement team Procurement Contract 109

ivalua

SEPTEMBER 19, 2022

That requires as close to real time sharing of information as possible, from both buyers and suppliers. Greater willingness to share details helps suppliers plan their own supply chains and leverage existing Spend Management systems. Manage Risk, Create a Competitive Advantage.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Procurement Heads

FEBRUARY 6, 2023

So, it picked me, but I really found out that I love change. When I was in my early days at ICL, as an electronics buyer, I went on a first line management training course and they said that I was a shape and a plant! Every day was different and dynamic but it also played to my numerical brain.

Procurement 130

Procurement Price Negotiation Management 130

Procurement Insights

JUNE 28, 2024

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. A people and process alignment initiative or an IT change management tech implementation?

Buyers 52

Buyers Change management Procurement Quality 52

Procurement Software

JANUARY 16, 2023

Your experience of it as a buyer or as a user will be dependent upon so many factors that are completely outside of the software company’s control. You have a team of 15 Buyers and no Centre of Excellence department. Change management and data quality will impact experience. Most solutions don’t have enough users.

Procurement 59

Procurement Buyers Change management Category management 59

Solvoyo

DECEMBER 9, 2020

Traditionally, well-run RFI and RFP processes try to reduce the risk of deployment failure for the buyer via questions and a demo, and sometimes a proof-of-concept study with made-up data. Furthermore, it exposes process change issues and change-management requirements to increase the chance of success of any IT project.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

Raw Material Management. Buyers historically purchased materials in a very indistinguishable manner. By picking our best and brightest Buyers to micromanage our most expensive purchases they were able to give incredible attention to these purchases. We established an “A” Class Buying team.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Arkestro

JUNE 7, 2024

Despite his enthusiasm, he was met with initial resistance from buyers who thought another procurement tool just meant more work. Result Arkestro’s hands-on support in the change management process made all the difference during the transition period, and now Dirk’s team can’t imagine life without it.

Procurement 52

Procurement Procurement team Strategic sourcing Strategic sourcing 52

ivalua

MAY 21, 2020

How has the role changed over the past few years? It’s changed dramatically. Procurement teams were just buyers who delivered what other departments told them to buy. Change management experts say it takes people about three years of practicing a new behavior before that behavior becomes the new normal.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Jaggaer

APRIL 30, 2020

The road to autonomous procurement is “ a journey that starts with technology that assists buyers in completing tasks and ends with a platform that applies knowledge collected from buyers to do the tedious parts of their jobs for them. This final sentence is perhaps the most important part.

Procurement 52

Procurement Buyers Contract Sourcing 52

TYA Suite

OCTOBER 6, 2024

Vendor-managed inventory is a collaborative strategy in which the supplier (vendor) is responsible for managing and replenishing inventory levels for the buyer. Instead of the buyer monitoring inventory and placing orders, the vendor performs these tasks based on agreed-upon inventory levels and sales data.

Vendor management 40

Vendor management supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 40

Supply Chain Game Changer

NOVEMBER 19, 2018

Cost and Profit Management. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Check out What is Change Management’s Role in the Digital Transformation of SCM? © Copyright Mortson Enterprises Inc, 2017.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

World of Procurement blog

MAY 23, 2024

Companies need to properly communicate changes, manage inventory and contracts, and develop contingency plans to ensure a smooth transition. Communicating Changes Clear and timely communication is essential when transitioning suppliers. As such, effective change management is critical for adoption and long-term success.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Insights

AUGUST 30, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Supply Chain Game Changer

DECEMBER 19, 2019

It’s not always simple; the industry must continue to meet the expectations of a demanding customer base, while making certain that any changes are sustainable. As such, we can expect some potentially drastic changes, and with them the need for smart solutions. 1) Omni-Channel and Buyer Behavior.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 62

HICX

JULY 13, 2023

These challenges included slow and complex processes, a lack of a unified data source, inadequate information sharing, outdated technologies, and time-consuming interactions between buyers and suppliers.  As Stephane puts it, “The process to manage our supplier before was very slow. If we look at the process side, it was complex.

Suppliers 52

Suppliers Procurement Procurement team Collaboration 52

Jaggaer

OCTOBER 22, 2020

The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. Their annual spend is approximately $400 million, with the biggest shares split between the IT, services and facilities management categories and 4,000 vendors worldwide, the majority based in Morocco.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Insights

OCTOBER 23, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Quality 69

Quality Procurement Suppliers Leadership 69