Spend Matters

APRIL 15, 2025

This role focuses on reducing supply chain risks through improved relationships, audits, and comprehensive evaluations of supplier performance at all levels of the chain. This role often overlaps with category managers or strategic buyers but initially requires an expert to develop models and competencies across the team.

Procurement 98

Procurement Category management Chief Procurement Officer Risk management 98

Arkestro

DECEMBER 26, 2024

Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

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

Procurement Insights

MARCH 6, 2025

carbon management software like Provider Xs space), their relative strengths, and market trends. Its a time-saver for procurement teams or C-level execs needing a starting point. For example, a competitor like Watershed might shine in analyst scores but falter in user satisfaction, helping buyers weigh practical fit.

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Buyers 52

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supply chains play a major role in keeping schools running smoothly. What's PLANERGY?

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency 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. These reductions are substantiated by eAuctions software providers Cimmra.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Procurement Software

MARCH 16, 2025

Digital procurement tools centralise procurement data in one app – or maybe several apps that all talk to one another – ensuring accuracy and real-time updates. As a result of better data, procurement teams gain a whole range of benefits. Digital procurement tools are the enabler to free up time for these.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Tactics

JULY 2, 2023

There are various tools and software that provide a template to create a job order document. Enhanced Collaboration Collaboration among the procurement team, stakeholders, and suppliers is enhanced by job orders. Softwares Available for Creating and Managing Job Orders 1. How to Utilize Job Orders?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

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. If they do have a solution, they are using systems built for indirect spend. Time is Money.

supply chain software solutions 100

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

Procurement Software

MAY 9, 2022

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. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

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. Here are 5 Key Advantages from using Supplier Relationship Management Software.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

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

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

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

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

Procurement Tactics

JULY 14, 2022

Procurement Service Provider — The Ultimate Guide of 2022. The demand for a procurement service provider has increased due to the global market conditions. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services. The Role of Procurement Service Providers.

Procurement 130

Procurement Supply Chain Efficiency Negotiation Strategic planning 130

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

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.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 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

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation? Category Management Software What is Category Management in Procurement?

Category management 107

Category management Management Supplier relationship management supply chain software solutions 107

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. is when a single department, usually the procurement team, manages all purchasing activities for the entire organization. Approval also acts as a gatekeeper to prevent fraud or unnecessary spending.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Tactics

AUGUST 24, 2022

A supply network is a cluster of suppliers or vendors that helps an organization in adding value for customers by producing or delivering a product. . It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. Benefits of Supplier Network for Suppliers and Buyers. Do I need one?

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

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

Spend Matters

FEBRUARY 13, 2024

“Despite the maturity of e-procurement solutions,” he explains, “in my observation, manual and repetitive tasks still dominate the daily efforts of procurement professionals. Existing software solutions, while effective in delivering on their promises, often fall short in automating all aspects of procurement workflows.

Supply Chain Efficiency 112

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 112

Supply Chain Game Changer

NOVEMBER 15, 2018

As supply chain networks become more complex, and risks grow larger, the visibility of supply chain activities becomes all the more distant. Globalization has posed procurement teams with a double-edge sword. enhanced by the globalized infrastructure of supply chains?—?closely around the globe?

Supply Chain Efficiency 68

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 68

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

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 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Most companies this size will for sure have some degree of procurement team.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

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

Spend Matters

OCTOBER 3, 2023

One quarter of buyers are spending the equivalent of one day every week researching IT purchases. We asked Ian Nethercot, head of supply chain: What are the buyers’ asks, what are their challenges and how can they be addressed? A close second to price instability comes stock availability as a big challenge for buyers.

Procurement 110

Procurement Price Buyers supply chain budgeting 110

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Do you really need a team of 10 category managers?

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Spend Matters

NOVEMBER 2, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. During my time,” he explains, “I recognized the impact quality insights can have for the category owners and procurement as a whole. Simply put, taxonomy creation is not desired by anyone.

supply chain software solutions 112

supply chain software solutions Category management Procurement Data 112

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

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? What is P2P in procurement?

Sourcing 64

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