Spend Matters

JUNE 3, 2025

For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses. This makes visibility the cornerstone of any viable tariff management strategy. That is where technology can help.

Agile and Lean Supply Chain 64

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Procurement 64

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 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

Jaggaer

OCTOBER 24, 2024

The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships. The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Demand planning capabilities. Point-of-use data capture. The post ERP vs.

supply chain budgeting 221

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

Spend Matters

APRIL 30, 2025

The best procurement organizations think like conductors (the CPO is, in fact, the Chief Externalization Officer) and shape demand early, engage stakeholders proactively and dynamically adjust workflows based on context and risk. Proactive demand management : Orchestration allows procurement to anticipate rather than react.

Suppliers 73

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 73

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

APRIL 18, 2025

Based on the input from the 1998 Agent-based RAM platform, which featured self-learning algorithms within a nascent AI framework, confirmed prior research indicated that Indirect Material MRO products were prone to much greater volatility over time than Direct Materials.

Price 75

Price Demand Supply chain Real-time Visibility 75

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility. Read more. )

Real-time Visibility 98

Real-time Visibility Supply Chain Visibility Procurement strategies Supply chain 98

Procurement Tactics

DECEMBER 21, 2022

After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Defining Supply Chain Collaboration. Horizontal Collaboration .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

The Thomas Blog

AUGUST 15, 2022

Data shows that industrial buyers are typically 70% of the way through their purchase decision process before reaching out to a supplier. That's because today's B2B buyers are mostly millennials who are digital natives and do all their online research anonymously online first. If you answered yes, that's great!

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

Procurement Tactics

NOVEMBER 14, 2022

An example of a Retail Supply Chain from the founder of Procurement Tactics: “In my period as Procurement Manager for Ahold Delhaize, I learned that there is a strong link between the performance of buyers and the supply chain. Additionally, you will get real-time visibility into all areas of your business.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Insights

APRIL 9, 2025

Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., supplier delays, demand spikes) due to rigid rules. Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously.

Supply Chain Efficiency 52

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

Procurement Insights

APRIL 13, 2025

buyers, suppliers) interacting based on real-world commodity traits (e.g., It prioritizes centralized visibility and departmental empowerment over rigid ERP systems, achieving 23% savings in tests (e.g., unit, Ethiopia coffee retains 95% demand). Chinas 84% retaliatory tariffs, coffee demand dips). kg margins).

Real-time Visibility 52

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

Supply Chain Collaborator

MARCH 16, 2020

For some shippers it is collapsing demand and leaving unprecedented idle capacity. A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers is sending freight rates surging and forcing buyers to seek out space on smaller tankers after the largest ones have been booked out, shipping sources said.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. 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.

Real-time Visibility 130

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

Spend Matters

MAY 8, 2023

The intention is that by creating a user-centric collaboration layer between buyers and suppliers on top of the Coupa platform and infrastructure, the solution will streamline and enhance collaboration while decreasing operational business risks. Coupa is not releasing all of the above at the same time.

Spend management 102

Spend management Management Real-time Visibility Supply 102

Procurement Insights

MARCH 17, 2025

Anyone who has followed the Procurement Insights blog for any length of time knows I love to ask questions and am voracious about gaining new insights. Approach : Data-driven, emphasizing external market insights to level the playing field between buyers and suppliers. commodity buyers, cost analysts). Key Comparison Points 1.

Negotiation 52

Negotiation Procurement team Real-time Visibility Cost of ownership 52

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Conclusion.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 98

Supply Chain Game Changer

SEPTEMBER 6, 2022

For example, when a customer orders an item through your online shop, you must ship it to the buyer within a specific time frame to avoid cancellation. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes.

Order Fulfillment 98

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 98

Spend Matters

OCTOBER 17, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — ivoflow offers a focus on actionable insights and cost savings initiatives rather than just static spend analysis. ” What does it mean to be named a Future 5?

Buyers 110

Buyers Real-time Visibility Sustainability Data 110

ivalua

MARCH 9, 2023

Either through data analysis or demand from the business–there is a need to execute a sourcing event. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Increasing Supplier Visibility.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. Having said that supply chain was more so about the movement of goods ensuring that retail stores had sufficient stock to meet customer demand. IT procurement provides a lot more visibility to senior stakeholders within the business. Negotiation is a hobby for me.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

TYA Suite

JUNE 2, 2025

But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time. While emergency purchasing is necessary at times, relying on it frequently can lead to uncontrolled spending and supply risks.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

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. This transparency is a game-changer because it enables all parties to view the same information in real time. This level of visibility is invaluable for several reasons.

Supply Chain Efficiency 40

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

Supply Chain Game Changer

NOVEMBER 7, 2022

As a result, you can ensure that your production team can mass-produce high-quality items that would delight your buyers. For instance, if you experience rest and cannot fulfill orders on time, your customers might cancel or buy products from other alternatives. Minimizes Downtime. Avoids Equipment Breakdown. Reduces Product Shortages.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Let's Talk Supply Chain

OCTOBER 2, 2023

Built to combat issues caused by the lack of adequate space in cities and near major highways and interstates, SecurSpace enables on demand access to a rapidly growing network of industrial facilities and businesses searching for parking and storage solutions. In his spare time, he enjoys golf and boating.

Demand 52

Demand Supply Chain Efficiency Real-time Visibility supply chain budgeting 52

TYA Suite

MAY 13, 2025

It ensures that every team has the right resources at the right time, without delays or extra costs. The PO serves as an official record of the transaction between the buyer and the supplier. Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

The Network Effect

JANUARY 8, 2015

But what I’m going to discuss today is very real and the most advanced logistics providers can deliver them today. With orchestration, an LSP is afforded the visibility, monitoring, and operational insights required to ensure client service levels are maintained no matter who is performing actual supply chain tasks.

Supply chain 76

Supply chain Real-time Visibility e2e Supply 76

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. IT Procurement | Stranger Things Keeping IT Buyers Up at Night. Wondering how a group purchasing organization works to save you money, time, and effort?

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Supply Chain Game Changer

JULY 1, 2021

Supply Chain Investment Challenges – Real and Imagined! That way, they can dwarf shipping times and delivery costs to meet customers’ expectations. But the resulting time and cost savings are so huge that the loan pays for itself in a few years. Invest in supply chain visibility. Subscribe Here! Email Address.

Supply Chain Efficiency 66

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Real-time Visibility 66

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. budget compliance and inventory availability), enable effective spend, preferred supplier and category management. In this article, our analyst Xavier Olivera looks at E-Procurement.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98