Remove Buyers Remove e2e Remove Risk
article thumbnail

Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. What is Procurement? What is Purchasing?

article thumbnail

AI in procurement: How different industries are harnessing its power

Spend Matters

Leading firms are using AI to model extended value chains, linking them with AI-assisted supplier intelligence to anticipate risks before they become problems. Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Navigating trade turbulence: What tariffs are really exposing in Procurement

Spend Matters

Supplier diversification across geographies to reduce dependency on high-risk sources. This kind of end-to-end tariff strategy demands visibility, coordination and scenario planning, which are capabilities that traditional procurement tools often lack. Contract rebalancing to shift tariff liability.

article thumbnail

Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Subscribe Here! Email Address. Due date has slipped.

article thumbnail

Everstream Analytics: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Therefore, creating a digital twin of a supply chain to identify, mitigate and monitor risks at all times is of ever-increasing importance for organizations that want to risk-adjust their supply chain. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

article thumbnail

Digital success – What makes procurement’s challenge so different?

Spend Matters

Larger organizations likely have matured and updated their tech environment over many years with best-of-breed or suite solutions, so its easier for them to get the organization on board with an end-to-end digital transformation.

article thumbnail

It Pays to Partner! Ivalua + C2FO: A Powerful Strategic Payments Pair

ivalua

Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. This removes risk when buying from innovative or SME suppliers while creating a larger supplier base to target with early payment opportunities via C2FO marketplace.

e2e 130