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Buyers Risk management Supply Chain Optimization 
Spend Matters
NOVEMBER 13, 2024
In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk.
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SCMDOJO
DECEMBER 29, 2024
In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
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ivalua
SEPTEMBER 19, 2022
The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.
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ivalua
FEBRUARY 25, 2021
Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.
Spend Matters
NOVEMBER 7, 2024
We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — Halo Ai’s founder has a background in procurement and has built the tool with procurement in mind and to replace current TPRM and GRC point solutions.
ivalua
JUNE 5, 2025
Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. See a Demo.
130 
Spend Matters
FEBRUARY 13, 2023
The last few years have put the word “supply chain” in the headlines as so-called supply chain disruptions and shortages have impacted everybody. Even now, supply chains are far from being “back to normal.” Read more. )
Procurement Insights
JUNE 7, 2025
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.,
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Spend Matters
APRIL 15, 2025
Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.
Supply Chain Opz
MARCH 6, 2015
As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.
SCMDOJO
MARCH 19, 2024
In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.
Arkestro
DECEMBER 26, 2024
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. Here are five key trends that will shape procurement and supply chain management in the coming year.
Procurement Insights
FEBRUARY 14, 2025
Supply chain risk management is proactive and data-driven. To do this effectively, the buyer must simultaneously engage critical stakeholders such as suppliers, courier companies and customs brokers, e.g., the Metaprise. Procurement workflows are automated using AI & smart contracts.
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Jaggaer
FEBRUARY 5, 2025
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. Buyers can standardize their systems and require suppliers to use compatible technologies.
Supply Chain Game Changer
NOVEMBER 7, 2022
Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. To reduce supply chain breakdown, you have to use preventative information technology (IT) that will enable you to identify risks that might disrupt your operations.
Procurement Insights
JUNE 7, 2025
What does he have to do with anything related to procurement and supply chain? supply chain delays, demand spikes). Reactive Risk Management : Traditional models lack predictive analytics or autonomous risk mitigation, leading to delayed responses to supplier failures or compliance issues. Jeff Bezos?
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Skill Dynamics
JANUARY 14, 2025
A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Strong negotiation can lead to cost savings, more advantageous counteract terms, and overall a much more optimized procurement chain.
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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. Predict and mitigate risks proactively. dynamic sourcing).
ivalua
JULY 13, 2022
Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. ESG Objectives for Buyers.
130 
Procurement Insights
JANUARY 19, 2025
Significance : Baan’s software emphasized integration across the supply chain, including procurement processes. Notable among these were: Ariba Buyer : Ariba was a leading provider of e-procurement solutions, offering platforms that enabled organizations to manage their procurement processes efficiently.
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.
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Jaggaer
FEBRUARY 20, 2025
But before this can happen someone has to identify suitable vendors to secure goods and services at the best value (not necessarily the lowest price) within a variety of constraints (risk management, ESG and regulatory factors etc.). This is where procurement and legal teams work become optimized by technology.
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Procurement Insights
DECEMBER 6, 2024
ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.
Spend Matters
OCTOBER 19, 2023
Calculum — Calculum is a cloud-based analytics solution that specializes in optimizing payment terms. It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. Its founders have extensive supply chain and enterprise technology experience.
Spend Matters
JULY 21, 2022
It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). To potential buyers — Procurence has strong direct materials supplier (quality) management. Poland-based Procurence is one such provider.
Jaggaer
MARCH 19, 2025
Procurement today has three overarching objectives: to maximize profitability, minimize risk, and optimize sustainability. The second has become more pronounced in recent years, notably with the Covid pandemic and supply chain disruptions. The first of these has always been with us. We want to reduce costs.
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.,
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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.
Skill Dynamics
OCTOBER 19, 2023
Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence.
Zycus Cognitive Procurement
DECEMBER 15, 2022
As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.
Let's Talk Supply Chain
NOVEMBER 1, 2023
So, today in episode three, we are continuing that exploration by asking a big question: How should we approach and manage these risks, not just within the compliance landscape, but across every stage of the supply chain? Mohan is dedicated to helping clients optimize their business for continuous improvement.
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Spend Matters
APRIL 30, 2025
In a landscape shaped by inflation, supply chain fragility, regulatory pressure and digital transformation, orchestration is more than a buzzword. Externally, risk and compliance obligations mount, supply chains are stretched and stakeholder expectations broaden. It is foundational, not peripheral.
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Spend Matters
JULY 10, 2024
AP Automation and Invoice-to-Pay LSQ offers a suite of working capital management solutions, including accounts payable, financing and dynamic discounting, to streamline payment processes for both buyers and suppliers.
116 
Spend Matters
JUNE 19, 2023
Why buy an SxM with Enhanced Risk solution Despite that there is no single ‘supply risk management’ solution market (i.e., Why buy an SxM with Enhanced Risk solution Despite that there is no single ‘supply risk management’ solution market (i.e.,
97 
TYA Suite
MAY 13, 2025
The PO serves as an official record of the transaction between the buyer and the supplier. Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities. Operational procurement management plays a key role in ensuring that companies can adapt quickly.
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SCMDOJO
SEPTEMBER 18, 2023
In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.
105 
Procurement Insights
NOVEMBER 23, 2023
Survey results indicate that many core supplier management functions, including risk management, relationship management, performance management, innovation management, and CSR/Sustainability management, are still supported by generic applications such as Excel, SharePoint, and Teams or by no system at all.
72 
Spend Matters
JUNE 19, 2023
I have seen top-performing vendors integrate with solutions for multi-tier supply chain mapping, check suppliers against multiple country-based blacklists and even verify ownership of bank accounts in many countries. Supplier risk management Capacity to manage supplier risk (identify, assess, mitigate, monitor).
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TYA Suite
JANUARY 27, 2025
This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.
Finale Inventory
JULY 17, 2024
For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. Effective management of in-transit inventory helps businesses maintain optimal stock levels , reduce the risk of stockouts, and avoid excess inventory.
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Jaggaer
APRIL 14, 2020
This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers. Coronavirus will lead to permanent changes in global supply chains.”.
SCMDOJO
APRIL 26, 2023
Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.
Zycus Cognitive Procurement
SEPTEMBER 13, 2022
Recent technological developments, political relations, strict compliance mandates, and uncertain times have resulted in what Bernard talks about changing roles of buyers and suppliers in this VUCA world. Changing Roles of Buyers. This was the first significant change in the buyers’ role. Digital Transformation.
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NLPA (Next Level Purchasing Association)
SEPTEMBER 8, 2023
A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.
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