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

OCTOBER 19, 2023

We are pleased to announce that the recognized Future 5 providers are: akirolabs — Founded by procurement veterans, akirolabs is a Berlin-based digital solution that helps transform procurement from a tactical function to a value orchestrator. Its founders have extensive supply chain and enterprise technology experience.

Supply Chain Optimization 112

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 112

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 Version 24.3

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Content: Covers procurement technology (e.g., AI, e-sourcing), spend analytics, and best practices.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. General Cost Reductions: Maybe it is just one of the advantages of eAuctions, but it is still significant!

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers 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 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

Spend Matters

JANUARY 4, 2023

It addresses complex challenges involved in the optimization of product and supply chain designs with a new approach that opens the door to new use cases and markets for procurement teams. Read more. ).

Supply Chain Optimization 98

Supply Chain Optimization Supply Procurement team Sustainability 98

TYA Suite

MAY 13, 2025

This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment. The need is recognized and communicated to the procurement team to start the process. is made after the necessity has been determined.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

ivalua

JULY 13, 2022

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. ESG Objectives for Buyers. Supplier Selection.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

Procurement Tactics

JULY 2, 2023

Review After the conclusion of the procurement process, look at the effectiveness of the ordering process as well as the overall procurement procedure. To continue to optimize procurement processes, implement these lessons in future job orders. CERTIFICATE COURSES Related courses about this subject 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Insights

MARCH 16, 2025

Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 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. What is its Purpose?

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

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

SCMDOJO

JUNE 3, 2025

Retail Supply Chains: Procurement teams can negotiate better deals thanks to the transparent data they receive when their digital estimator analyzes bulk order pricing in an instant. When given the choice, suppliers prefer working with informed buyers who actually understand market dynamics.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Nonetheless, there is a whole lot more to opimizing procurement processes than just cutting costs and then increasing efficiencies. Common procurement negotiation types are win-win, distributive, and integrative.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

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 77

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 77

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. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supply chain network at the supplier level. Subscribe Here!

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

TYA Suite

JUNE 2, 2025

is when a single department, usually the procurement team, manages all purchasing activities for the entire organization. It also gives procurement teams a structured request to work with, enabling them to prioritize and plan sourcing activities effectively.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Insights

APRIL 30, 2025

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. Nimble, Deep), ensuring they reflect real-world buyer priorities (e.g.,

Procurement 52

Procurement Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 52

Arkestro

JUNE 25, 2024

Resources / Blog / Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro For the oil and gas industry, the last few years have been anything but easy. Within these touch points are many other varied points.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

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. First, it allows companies to identify bottlenecks within the supply chain quickly.

Supply Chain Efficiency 40

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Brands labeled with Green Supply Chains have started becoming synonymous with sustainability, trustworthiness, quality and forward thinking. I don’t mean to come off snarky, but there is a clear-cut discourse that has formed between brands actualizing supply chain sustainability, and those who are marketing supply chain sustainability.

Supply Chain Efficiency 63

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 63

Jaggaer

MARCH 6, 2025

By adopting these technologies, public sector procurement teams can increase efficiency, reduce costs, and improve accountability. However, it is incumbent upon public sector procurement leaders to measure and demonstrate return on investment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Arkestro

MAY 16, 2023

We were able to go live within days of engaging with Arkestro, creating faster time to value,” stated Mike Novello , VP of global supply chain. As seen with KES, our autonomous driven platform produces high-impact results for both buyers and suppliers,” commented Neil Lustig , Arkestro’s CEO.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Procurement Supply 52

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

APRIL 18, 2023

By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapidly deliver value.

Procurement 98

Procurement Procurement team Leadership Supply Chain Optimization 98

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Supply Chain Game Changer

JUNE 23, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! These procurement teams must resort to operate in an antiquated environments, i.e. interacting with each supplier one at a time then follow by long hours of sorting through the information. Subscribe Here! Email Address.

Competitive bidding 91

Competitive bidding Bidding supply chain software solutions Supply Chain Optimization 91

Arkestro

MAY 9, 2022

That is Predictive Procurement Orchestration (PPO ). . Ongoing Supply Chain Challenges. In a March 2022 article in The Harvard Business Review titled “ Are the Risks of Global Supply Chains Starting to Outweigh the Rewards?” He writes: “The conflict in Ukraine is only the latest jolt to global supply chains.

Procurement 52

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

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. These are just some of the many challenges procurement teams have had to face since the pandemic and throughout 2022. 5 procurement trends for 2023. This presents a very real economic cost for companies already faced with a lack of procurement resources.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Una

MARCH 6, 2023

For example, you may choose to replace time-consuming and complex procurement processes with a compressed approach wherein preparation time is slashed, partners are all evaluated together in a single-day workshop, and documentation is limited to a plan-on-a-page approach. A true partnership involves pooling resources to create new value.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98