article thumbnail

Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Purchasing is a tactical subset of procurement focused on the actual buying process. Procurement is a strategic function focused on selecting suppliers, negotiating contracts, managing supply chain risk, and ensuring long-term value creation. Explore Ivalua’s contract lifecycle management software.

article thumbnail

The Role of Loans in Scaling E-Commerce Supply Chains

SCMDOJO

The ways to find and buy items online with instant processing had changed the customers’ views on the whole chain. But convenience is not the only trait of a click-to-buy process. We conclude that different types of loans may help e-commerce supply chains. in CAGR by 2030.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. In the past 5 years, I’ve found myself constantly asking the question, “Isn’t there some sort of software that can do that?”.

article thumbnail

O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

O-I Glass has chosen Ivalua after assessing technology and process gaps related to strategic sourcing, supplier relationship management, category management, vendor quality, sustainability, and compliance. Additionally, O-I Glass intends to provide an optimized buying process with catalogues, guided buying, and an Amazon-like user experience.

Sourcing 130
article thumbnail

The Digital Transformation in Logistics: Technologies, Barriers and Predictions!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

article thumbnail

The ultimate guide to digital purchase orders

TYA Suite

Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains. It works just like a traditional paper purchase order but is created, sent, and managed online using software or digital tools.

article thumbnail

Purchasing process - A step-by-step overview

TYA Suite

Every business, no matter its size or industry, needs to buy goods and services to operate. From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. The better this step is handled, the smoother the rest of the process will be.