Spend Matters

NOVEMBER 11, 2024

Here’s why we think Vroozi matters: To the market: Vroozi offers a comprehensive P2P solution, including e-procurement, invoice automation and supplier collaboration. To buyers: Vroozi delivers a cloud-based P2P suite that streamlines procurement, invoicing and payments.

Procurement 119

Procurement Buyers Collaboration Demand 119

Supply Chain Brain

DECEMBER 25, 2024

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

Collaboration 115

Collaboration Suppliers Supply Chain Optimization Management 115

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

MARCH 5, 2020

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. My own contribution was to lead a discussion around collaboration.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Spend Matters

MAY 14, 2025

In sectors like automotive, manufacturing and retail, buyers must navigate complex sourcing events that require detailed part-level information, tight timelines and input from cross-functional stakeholders, such as engineering and R&D.

Sourcing 87

Sourcing Buyers Procurement team Bidding 87

Supply Chain Brain

JANUARY 12, 2023

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Buyers 119

Buyers Suppliers Supply chain Collaboration 119

Supply Chain Brain

OCTOBER 8, 2021

Is there any room for actual collaboration between suppliers and buyers, based on more than just price?

Buyers 111

Buyers Suppliers Price Collaboration 111

Supply Chain Brain

JULY 14, 2024

Kate Vitasek, faculty member at the University of Tennessee, explains how collaborative bidding can bring about a whole new way of looking at supplier-buyer engagements.

Bidding 107

Bidding Collaboration Suppliers Innovation 107

Procurement Leaders

MARCH 10, 2023

As long as we nurture collaboration, have a strong team and have a clear process to follow, everything will fall into place.” ” The multitude of risks buyers face represents an issue Boldu is not focused on one specific threat. So risk will be one of the key metrics for purchasing in the future.

Collaboration 147

Collaboration Supply chain Management Risk management 147

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Spend Matters

MAY 7, 2025

Communication and collaboration in procurement can be challenging due to the complexity of coordinating between multiple internal departments and external suppliers. EffiGO aims to solve this problem by enhancing cross-functional collaboration and supplier collaboration for upstream and downstream procurement.

Sourcing 73

Sourcing Market analysis Collaboration Buyers 73

Procurement Insights

FEBRUARY 24, 2025

I don’t want the following quote from a famous business book to be misunderstood or suggest that negotiation between buyer and supplier is an act of war: “Every battle is won before it is ever fought.” It was a collaborative effort towards a mutual gain. It was not a unilateral exchange.

Negotiation 80

Negotiation Buyers Collaboration Suppliers 80

Spend Matters

FEBRUARY 26, 2025

Its ability to match suppliers with buyers in the public sector and address complex governmental structures and processes has played a key role in its ongoing success. We look forward to continued collaboration and deeper exploration of the future of GovTech and public procurement.

Procurement 119

Procurement Bidding Contract management Data 119

Una

AUGUST 23, 2022

How to Improve Collaboration Between Procurement and IT. For sourcing professionals, attempting to collaborate with another function can feel a bit like trying to establish contact with an alien species. The consequences of poor collaboration can be very expensive, particularly in the realm of IT. Get new resources weekly!

Collaboration 98

Collaboration Procurement Purchasing Data 98

ivalua

SEPTEMBER 15, 2020

John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.

Spend management 223

Spend management Supply Chain Optimization Management Procurement 223

Spend Matters

NOVEMBER 13, 2024

These directives force buyers to understand the risks and take appropriate action. Interruption of supply: If a problem is discovered with a particular supplier, supply region or sector, there may be supply interruption while suppliers fix the problem or the buyer finds alternative sources of supply.

Risk 113

Risk Supply Chain Efficiency Supply chain Suppliers 113

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Spend Matters

MARCH 25, 2025

Expanding vendor collaboration: AWS Partner Connections will strengthen partnerships between software vendors and enterprise buyers. Enhancing procurement insights: Cloud Intelligence Dashboards will provide expanded procurement analytics.

Procurement solutions 98

Procurement solutions Procurement Purchase orders Data 98

Spend Matters

FEBRUARY 4, 2025

By uncovering and understanding the users pain points, you can design a more straightforward, user-friendly process that minimizes roadblocks and fosters smoother collaboration. With more buyers come more spend categories to capture and oversee. Dont be afraid to iterate: As your business evolves, so must your procurement function.

Procurement 106

Procurement Purchasing Negotiation Buying process 106

Procurement Insights

FEBRUARY 14, 2025

February 2025 – A Liquid Network is a dynamic, decentralized, and adaptable system where ideas, information, and resources flow freely between interconnected participants, fostering innovation and collaboration. Collaboration happens across decentralized, blockchain-backed networks.

Networking 59

Networking Import Procurement Buyers 59

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. The research, conducted by Coleman Parkes, surveyed suppliers across the UK, France, Germany and Switzerland to examine how collaboration can boost environmental initiatives. Notes to the editor.

Suppliers 130

Suppliers Supply Chain Efficiency Buyers Sustainability 130

Spend Matters

AUGUST 12, 2024

However, true collaboration within business networks goes beyond transactional efficiency to involve deeper engagement, strategic partnerships and value creation for all parties involved. This content is for members only. Visit the site and log in/register to read.

Suppliers 113

Suppliers Management Buyers Purchase orders 113

Procurement Insights

APRIL 15, 2025

Understanding Human and AI Agents Human Agents : These are procurement professionalssuch as buyers, managers, and supplierswho bring contextual knowledge, judgment, and experience to the procurement process. Without ongoing human input, data can degrade over time, leading to inaccuracies and inefficiencies.

Import 52

Import Collaboration Data Buyers 52

Spend Matters

APRIL 15, 2025

This role often overlaps with category managers or strategic buyers but initially requires an expert to develop models and competencies across the team. By fostering collaboration with suppliers, procurement teams and other stakeholders, category managers are key to promoting and embedding transformation initiatives.

Procurement 102

Procurement Category management Chief Procurement Officer Risk management 102

Procurement Insights

APRIL 8, 2025

Enhanced Interoperability and Collaboration: Metaprise with ABM: Facilitates seamless collaboration across different procurement platforms and stakeholders, supporting multi-enterprise interoperability and network intelligence. buyers, suppliers) with individual rules and interactions, modeling emergent behaviors in complex systems.

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 81

Jaggaer

FEBRUARY 5, 2025

Onboarding S uppliers Onboarding new suppliers and integrating them into the buyers supplier landscape can be a complex and laborious process involving several stages. Misalignment of Expectations – One of the most common issues when engaging new suppliers is a misalignment of expectations between the buyer and supplier.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Leaders

MARCH 26, 2024

Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu. Meaningful connections with suppliers allow for collaborative product development without the need to share or transfer intellectual property.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

ivalua

FEBRUARY 13, 2019

New forecast and order collaboration capabilities allow companies to improve collaboration between buyers and suppliers, reducing cycle times and risk of supply chain disruptions. Recognized as a Leader by Analyst Firms. Ivalua continued to be recognized as a leader by top analyst firms. ” Growing Partner Ecosystem.

Bill of materials 35

Bill of materials supply chain budgeting Supply Chain Efficiency Innovation 35

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Tactics

MARCH 23, 2023

Digital platforms can help the source-to-contract process to be more manageable as it allows for automated bidding, digital purchase orders, online payments, and supplier collaboration. The supplier completes the purchase order and will send the goods to the buyer.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Procurement Leaders

JULY 29, 2024

Last month, I spoke about how important it is for companies to collaborate with one another – and, of course, with their suppliers – if they are to make meaningful progress on reducing their Scope 3 footprint. Yet that leaves a long tail unaccounted for. But for 50 organisations? Or even more? Then it becomes far more plausible.

Sustainability 130

Sustainability Collaboration Procurement team Buyers 130

Jaggaer

NOVEMBER 14, 2024

Collaborative tools enable the integration of Engineering, R&D, Quality, Logistics, and Procurement from the initial design phases. Collaborating with innovative suppliers can help manufacturers command premium prices and even create new revenue streams.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Tactics

AUGUST 25, 2022

Additionally, from 2019 to 2021, he has led his team to win 4 Asia Awards which are the Most Improved Procurement Operation, Transformation, Best Public Procurement Project, and Best Supplier Collaboration. . Her company, Tealbook, is a supplier intelligence platform with the power to change the way buyers obtain supplier data.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

ivalua

JUNE 29, 2022

The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives. Collaborate for a greener future. Through this collaboration, the entire production process can benefit from improved efficiency and waste reduction. .

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

DECEMBER 3, 2021

The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives. Collaborate for a greener future. Through this collaboration, the entire production process can benefit from improved efficiency and waste reduction. .

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 version of its JAGGAER One platform. Version 24.3

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52