Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.

Real-time Visibility 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

Spend Matters

JUNE 3, 2025

As Spend Matters explored in its series on tariff management , a comprehensive response framework typically includes: Assessing exposure across your supplier base and bills of materials, down to parts, origin countries and HS codes. This makes visibility the cornerstone of any viable tariff management strategy.

Agile and Lean Supply Chain 64

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

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Spend Matters

OCTOBER 4, 2022

Categories: Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Chain Visibility Tags: EU , procurement systems and planning Food is a universal commodity, and most people take the fresh food supply chain for granted. Read more. ).

Supply chain 98

Supply chain Supply Chain Visibility Procurement Supply chain management 98

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

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. The modern supply chain is convoluted. It enhances logistics visibility and provides intelligence insights.

Real-time Visibility 98

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

Jaggaer

OCTOBER 24, 2024

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Cash Cycle Management.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 95

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. Modified Rebuy A buyer wants to replace or amend a product used in the organization. Straight Rebuy The buyer routinely reorders a product with no modifications.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

JULY 1, 2021

Invest in supply chain visibility. Consider investing in a modern Inventory Management Software(IMS) t o sidestep the costs and errors associated with pen-and-paper manual systems. Implement a Warehouse Management System. Your supply chain is as efficient as the people who manage it.

Supply Chain Efficiency 66

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

SupplyShift

APRIL 20, 2018

This is a common first step that enables buyers to not only get some information from their suppliers, but also to understand the kinds of data suppliers can provide and adjust assessments accordingly. Purpose-built platforms for supply chain data management go beyond data collection, and enable benefits beyond manual spreadsheet replacement.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Claritum

JULY 5, 2018

If you can measure it then you can manage it” This statement is so true in the procurement field. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. This is just that, a one off, and will not provide a long term management solution. Conclusion.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

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

Procurement Software

MARCH 7, 2023

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. What steps are involved in Source-to-Pay?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Claritum

AUGUST 15, 2019

However, it is important for companies to manage the process of sourcing promotional goods effectively. In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Case Studies.

Management 32

Management Procurement Purchasing Sourcing 32

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. For instance, in tools such as Zycus’ supplier management software , an audit trail is accessible for all the changes a supplier will make to their profile and their submitted documents.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Claritum

FEBRUARY 4, 2020

Sourcing of bespoke requirements needs to be managed effectively within an Organisation. Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Claritum’s solution for bespoke procurement.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

SupplyShift

APRIL 20, 2018

This is a common first step that enables buyers to not only get some information from their suppliers, but also to understand the kinds of data suppliers can provide and adjust assessments accordingly. Purpose-built platforms for supply chain data management go beyond data collection, and enable benefits beyond manual spreadsheet replacement.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Finale Inventory

JULY 18, 2024

For example, a purchase order document may include segments for the buyer’s information, the seller’s information, and the items being ordered. The infrastructure required for EDI was costly, and skilled personnel were needed to manage the intricate processes involved.

Data 52

Data Real-time Visibility Supply Chain Efficiency supply chain software solutions 52

Procurement Software

DECEMBER 5, 2022

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Master data management. Supplier due diligence.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 10, 2018

To create a BORING Supply Chain Holiday season we had to start planning immediately after last Holiday. It is critically important to take the time to meet with your Merchants, Merchandising, Buyers, Distribution Centre teams, Human Resources, Finance and your E-Commerce channel leadership. Manage Your Logistics Network.

Supply Chain Optimization 60

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 60

Supply Chain Opz

JULY 7, 2014

Global supply chain is a very challenging subject in supply chain management because it involves different customer''s requirement, more complex operations/collaboration and unforeseen risks. Having own stores mean they can have better understanding about buyer behavior so they can adapt more rapidly.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. Our cloud spend management platform streamlines thousands of orders, so we’ve seen what works and what doesn’t.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. While disruptions to supply chains vary in magnitude and impact, anyone who has worked in supply chain management for a while knows that disruptions are inevitable.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Claritum

FEBRUARY 4, 2020

Sourcing of bespoke requirements needs to be managed effectively within an Organisation. Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. 1: Introduction. Damage to reputation.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Supply Chain Brain

MARCH 26, 2018

But Sue Welch, chief executive officer of retail-management software vendor Bamboo Rose , believes machine learning has progressed to the point where human involvement in the process can be minimized. Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

SCMDOJO

NOVEMBER 20, 2024

Healthy inventory optimization management can help a company flourish like a wealthy field. Let’s explore how certain principles can be applied to optimize inventory management: Inventory Management Systems We have a different perspective on implementing an inventory management system. What is Inventory Turnover?

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Arkestro

DECEMBER 12, 2022

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. If youre looking to supercharge your logistics career and embark on a path of success, then enroll in the SCMDOJO Logistics Management Track now!

Logistics 52

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