Arkestro

DECEMBER 26, 2024

In a nutshell, e-procurement involves buying and selling supplies, equipment, and services over the Internet. It streamlines the entire procurement process by centralizing and automating interactions between buyers and sellers. E-procurement uses networked systems and web interfaces for supply chain operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 112

Risk Risk management Supply Chain Efficiency supply chain software solutions 112

Procurement Insights

APRIL 18, 2025

This underscores the need for different procurement strategies, risk management, and technology solutions for indirect MRO spend versus direct materials 3 5. Many vendors and buyers have accelerated purchases to get ahead of these tariffs, causing temporary price drops followed by sharp increases once tariffs take effect 1 4 5 6.

Price 75

Price Demand Supply chain Real-time Visibility 75

SCMDOJO

MAY 27, 2025

For supply chain leaders , this isnt theory; its happening across the industry every quarter. Overlooked Ownership Structures That Complicate Deals A tangled web of joint ventures, minority stakes, and layered holding companies can catch buyers off guard. Skipping this review risks deals falling through or costly renegotiations.

supply chain software solutions 40

supply chain software solutions Risk Supply chain Innovation 40

Future Purchasing

FEBRUARY 25, 2025

Furthermore, inflation often leads to fluctuating prices and unstable supply and demand dynamics, making procurement more complex. This challenge is exacerbated by a lack of visibility in government supply chains, which hinders risk management and makes it difficult to build a resilient supply chain.

Innovation 52

Innovation Supply Chain Efficiency Procurement Category management 52

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules.

supply chain budgeting 52

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

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

HICX

MAY 12, 2023

Sam explains that they identified five areas in Procurement where improvements could be made: Risk and master data processes  Increasing insights and value from the data in the supply chain  Reducing reactive risk management and moving to proactive risk management. 

e2e 52

e2e Real-time Visibility Supply chain resilience Buyers 52

Supply Chain Game Changer

APRIL 15, 2020

Adopting solutions that enhance risk management, transparency, visibility & compliance is more important now than ever before. One of the best ways to support supply chain resilience is to ensure that you’re preemptive. Looking to be a part of the conversation on LinkedIn?

Procurement 111

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 111

Arkestro

OCTOBER 3, 2024

They include safety equipment, office supplies, cleaning, IT, rental cars, and others. Rather than making up a strategic or critical component of the final product’s performance (the car itself), these materials are often sourced by plant operations and buyers on a case-by-case basis as needed.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Conduct supply chain audits and due diligence on high-risk categories.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 17, 2024

Over 90% of business buyers say a company’s customer experience is as important as what it sells. To avoid this, it’s crucial for businesses to carefully plan and design intelligent automation initiatives that prioritize the needs and preferences of their customers, whether they are consumers or B2B buyers.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It now plays a crucial role in cost savings, risk management, and value creation for organizations.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. Managing Supplier Relationships. Predictive Procurement Supports Supply Chain Resilience and Visibility.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight.

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52