Remove Buyers Remove Procurement solutions Remove Supply Chain Efficiency
article thumbnail

Spend Matters Future 5 2024 – Introducing True ValueHub

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

article thumbnail

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

ivalua

Understanding these differences is essential for businesses that want to optimize operational efficiency and safeguard against costly errors. Key Takeaways Procurement vs Purchasing: Procurement is a strategic function focused on long-term value, while purchasing handles the tactical execution of buying. What is Procurement?

professionals

Sign Up for our Newsletter

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

article thumbnail

Procurement transformation 2025: Why invest in procuretech and how to make the case – SAP

Spend Matters

Metrics such as reducing supplier numbers, increasing digital contract usage and enhancing sourcing efficiency are common priorities. By integrating these technologies, organizations unlock efficiencies, enhance decision making and create more agile, connected supply chains, ultimately boosting their ROI.

article thumbnail

Spend Matters Future 5 2024 – Introducing Halo Ai

Spend Matters

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

article thumbnail

‘Emission’ Impossible – What are the 4 Steps to Ensuring Supply Chain Sustainability?

ivalua

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions.

article thumbnail

Bezos? Jeff Bezos? What does he have to do with anything related to procurement and supply chain?

Procurement Insights

Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supply chain models later refined and scaled by Jeff Bezos at Amazon. DND buyers) and external (e.g.,

article thumbnail

Onventis makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists

Spend Matters

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.