Spend Matters

JANUARY 9, 2025

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.

Procurement 121

Procurement Procurement team Contract Supply Chain Efficiency 121

Spend Matters

MAY 14, 2025

Procurement teams that manage direct materials sourcing continue to face persistent challenges, even as digital tools become more widely adopted. The situation is further complicated for global supply chains, particularly when suppliers are located in regions with strict data regulations and infrastructure challenges, such as China.

Sourcing 76

Sourcing Buyers Procurement team Bidding 76

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. 8 Steps to Improve Procurement Efficiency. Internal buyers are unaware of existing processes.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Transparency, or ability to scale data, across an organization.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

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. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

Jaggaer

NOVEMBER 14, 2024

Digital Tools: The Key to Unlocking Value A major reason why many manufacturers have not fully realized the potential of procurement is the lack of appropriate digital tools. An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

ivalua

DECEMBER 3, 2021

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.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Procurement Leaders

SEPTEMBER 8, 2022

Fast forward a few months, and with those same events continuing to challenge procurement teams, leaders have revealed what it is that they want. Instead, developing team skills and talent tops CPOs’ agenda for the coming 12 months. It caps a growing recognition of the importance of the people staffing today’s procurement teams.

Supply Chain Efficiency 195

Supply Chain Efficiency Procurement team Buyers Procurement 195

Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Spend Matters

MARCH 12, 2025

Nearshoring and ally-shoring arent just buzzwords anymore; theyve shot to the top of the agenda for anyone trying to keep supply chains resilient and businesses competitive. However, efficient and effective discovery can be a challenge. Thats where discovery tools like Forestreets platform come into play.

Suppliers 74

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 74

Procurement Software

MARCH 16, 2025

Digital procurement tools offer both immediate benefits and long-term returns. While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. As a result of better data, procurement teams gain a whole range of benefits.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Procurement Insights

APRIL 8, 2025

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Focused on efficiency, not innovation; maintains status quo.

Supply Chain Optimization 81

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

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. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

JUNE 3, 2025

Transparent Costs and Building Strong Supplier Relationships: Discover the valuable role transparency plays in building trust with customers and suppliers. Even simple automationlike using a Cost Breakdown Analysis Template can replace hours of manual calculations while boosting accuracy and transparency across categories.

Procurement 59

Procurement Supply Chain Efficiency supply chain budgeting Budget 59

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. The Role of Communication in Supply Chain Collaboration Communication puts collaboration in motion.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Spend Matters

APRIL 16, 2025

Interviews Expanding the influence and impact of Procurement a case study featuring Ron Schnur at Utz As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement.

Procurement 93

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 93

Procurement Tactics

JUNE 22, 2023

It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information. Simply put, a sales order is the seller’s response to the buyer’s purchase order.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Jaggaer

MARCH 6, 2025

The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. Blockchain Technology: Blockchain ensures transparency, security, and traceability in procurement transactions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Procurement Insights

MARCH 6, 2025

Its a time-saver for procurement teams or C-level execs needing a starting point. Why Its Good: This flexibility tailors insights to specific needssay, a manufacturer assessing Scope 3 tracking tools can focus on supply chain capabilities, aligning with Provider Xs strengths. Con: If excluded due to size or funding (e.g.,

Sourcing 52

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

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Regular collaboration between buyers and suppliers helps align their goals and strategies, making sure that every interaction benefits both parties.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

TYA Suite

MAY 13, 2025

The main goal of operational procurement is to ensure that the right products and services are available when needed, at the best possible cost, with minimal waste or delays. This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

ivalua

JUNE 29, 2022

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.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

Procurement Tactics

JUNE 22, 2023

A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. 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

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With global trade volumes expected to grow by 4.7%

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 130

Future Purchasing

FEBRUARY 25, 2025

Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supply chains, and an increasing demand for sustainability and transparency. Inflation creates budget pressure, meaning teams must deliver more with less.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

Procurement Heads

MARCH 27, 2023

It is still the most challenging piece of procurement that I’ve ever been involved with, but I really enjoyed the work and after that I started applying for permanent procurement roles. What are the roles and responsibilities the procurement function holds within Futures Housing Group?

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

ivalua

JUNE 6, 2019

If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category.

Suppliers 100

Suppliers Supplier consolidation Supply Chain Efficiency Data 100

ivalua

MARCH 4, 2016

Listening to all of the talks by industry leaders led me to a glaring conclusion—the critical role that technology plays in supply chain and sourcing is the giant elephant in the room that no one was talking about, but everyone could see. When the supply base is limited, being the customer of choice is essential. Time is Money.

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

Spend Matters

APRIL 30, 2025

In it, Pierre Mitchell and Bertrand Maltaverne from Spend Matters, Piotr Pierzak from Novartis and Sudhir Bhojwani from ORO Labs explored how orchestration is becoming a strategic imperative for procurement leaders and what it looks like in practice across technology and operations. This fragmentation is not just operational; it is strategic.

Suppliers 73

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

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 8, 2023

The purchase order is written in great detail and should follow a process that is defined by the company’s procurement team. If your company depends on the daily procurement of materials or services, any delay will cause interruptions in the daily operations of your company or organization.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130