Spend Matters

APRIL 15, 2025

Despite the positive impacts of new technological opportunities, procurement leaders have cited difficulty maintaining data cleanliness, strict budgets, change management with stakeholders, and aging technology as the main barriers to implementation.

Real-time Visibility 74

Real-time Visibility Procurement e2e Supply Chain Efficiency 74

Procurement Tactics

JUNE 19, 2023

It enhances supplier relationships, drives innovation, mitigates risks, enables continuous improvement, supports change management, and provides access to industry insights. Digitize collaboration Collaboration is a key factor for success in the procurement industry.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Implementation is challenging: Healthcare organizations tend to underestimate what’s involved with successful implementation.

supply chain budgeting 221

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

ivalua

OCTOBER 27, 2020

Redwood City, CA – October 26, 2020 – Ivalua, a leading global spend management cloud provider, and Consus, a leading global supply chain solutions provider, today announced that Jollibee Foods Corporation (JFC) has successfully deployed Ivalua’s platform to empower its procurement digital transformation, with Consus leading implementation.

Supply Chain Efficiency 26

Supply Chain Efficiency Chief Procurement Officer Procurement Networking 26

ivalua

JUNE 16, 2021

To digitally transform successfully, MENA procurement teams will need to invest in process redesign and change management, and take steps to involve internal stakeholders early on. It’s also critical to have the right skill sets in-house — experts in data science, intellectual property and contract management are essential.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

SCMDOJO

APRIL 20, 2023

Read More: Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities ] What does a Procurement Manager do? They also work closely with other departments within the organization to ensure that procurement needs are aligned with the overall goals and objectives of the company.

Management 116

Management Procurement Contract management Supply Chain Optimization 116

ivalua

JANUARY 12, 2023

Can an organization start with a Public Portal and Supplier Management Solution and then add solicitations, contract management, and purchasing solutions as they mature or as funding becomes available ? A robust change management program needs to address all the users and stakeholders.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

ivalua

JUNE 1, 2022

Given the varying degrees of flexibility and negotiation involved, contract management must be part of their global strategic payment journey. Clearly, there are varying business expectations and the need to address transformational change management.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Supply Chain Game Changer

OCTOBER 28, 2021

Change requires Change Management. Change can be an uphill battle. As Woodrow Wilson once said, “If you want to make enemies, try to change something”. Change is uncomfortable, uneasy, and — often — applied, not chosen. Maybe existing strategies and processes need to shift before you can adopt new processes.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

TYA Suite

JANUARY 27, 2025

The system provides tools for risk analysis, supplier evaluation, and contract management, ensuring that potential risks are addressed proactively. Implementing a Procurement Management System in Real Estate The first step in implementing a procurement system is identifying and assessing the needs of the business.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Jaggaer

FEBRUARY 5, 2025

Clear governance, stakeholder buy-in, and a focus on change management will be instrumental in achieving the transition and it is vital to be aware of the difficulties. Board-level/C-Suite sponsorship is especially important. So, lets be blunt.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion. Inventory Management : Understanding and controlling inventory levels for optimal business performance.

Procurement 52

Procurement Ethics Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Contract Management : Navigating, drafting, and managing contracts with vendors. Project Management : Leading procurement projects from inception to completion. Inventory Management : Understanding and controlling inventory levels for optimal business performance.

Procurement 52

Procurement Ethics Supplier relationship management Market knowledge 52

Una

APRIL 6, 2023

Without rigorous contract management, up to 75% of cost savings can disappear within 18 months of signing. To mitigate these risks, procurement needs a clear understanding of the factors that can erode benefits realization and implement effective strategies to address them, including best-practice supplier relationship management.

Procurement 97

Procurement Supplier relationship management Supplier negotiation Contract 97

Procurement Software

MAY 16, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

World of Procurement blog

MAY 20, 2024

Leading CLM platforms centralize contract storage, enable collaboration, provide robust search capabilities, and generate actionable insights through reporting and analytics. This allows organizations to scale contract management as their business grows. Ongoing configuration changes may be needed as processes evolve.

e2e 52

e2e Real-time Visibility Procurement Contract 52

Procurement Insights

APRIL 30, 2025

ease of use in contract management). sourcing, contract management) can complement Ardents P2P focus, providing a holistic view of how AP automation fits into S2P processes. Low trust due to narrow scope and less rigorous methodology.

Procurement 52

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

Barkers Procurement

MAY 25, 2022

Most of the initiatives meant, first of all, a change in the mindset of all of the stakeholders. To achieve Jersey Electricity’s objectives, Barkers provided a senior procurement and commercial consultant experienced in various procurement and commercial aspects as well as communications and stakeholder management.

Contract management 52

Contract management Supplier relationship management Negotiation Contract 52

Jaggaer

APRIL 9, 2025

Contract management is another area where AI is proving invaluable. AI-driven systems can generate contract clauses based on historical agreements, extract key terms from existing contracts, and flag discrepancies. You need people with the right skills and the adoption of AI presents change management issues.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

Supply Chain Game Changer

APRIL 15, 2020

Sometimes, digitalization requires change management, process shifts, and organizational restructuring. Education is the most powerful weapon which you can use to change the world”. The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

SCMDOJO

NOVEMBER 17, 2023

Transportation Sourcing & Management: Selecting cost-effective transportation modes, evaluating factors influencing transportation sourcing, and maintaining compliance with contracts to ensure efficient logistics. Leaders need to be change catalysts, attuned to the emotional landscape of their teams.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

Una

JUNE 20, 2024

This helps ensure contracts are structured right and guidelines are being followed. Align on technology When it comes to technology platforms for contract management, redlining, and related requirements, Lisa says there can sometimes be a disconnect between what procurement and legal teams prefer or the ways they implement the technology.

Risk 52

Risk Procurement Contract Change management 52

Procurement Software

JUNE 13, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Barkers Procurement

APRIL 7, 2025

A critical success factor in the implementation was knowledge transfer and change management. Structured Sourcing & Procurement A systemised approach to sourcing, market engagement, tender management, and e-auctions for enhanced efficiency.

e2e 52

e2e Real-time Visibility Spend management Contract 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Key processes to automate include contract management, vendor management, invoicing, purchase orders, purchase requisitions. As rightly said by Jacob, Ex-Director of Digital Procurement at Maersk Group , it is much more about driving a mindset change and introducing a new way of working in the procurement function.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

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. A solid change management plan can help to manage this transition smoothly.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Many top-class Supply Chain Operations have the following components: Dynamic Culture : A culture that is open to innovation, candor, risk-taking, and carefully managed for diversity and change management. The Three Pillars of Procurement Risk Management Strategy. The Pain Points of a Procurement Manager.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 52

Barkers Procurement

JUNE 9, 2024

The client engaged Barkers to develop a detailed Integrated Facility Management (IFM) Strategy Plan, including a change management process and stakeholder alignment. This would include a roadmap to implement an IFM framework, provide technical insights and suggest Category Management for outsourced contracts.

Category management 52

Category management Contract Supplier relationship management Strategy 52

The Good Spending

MAY 13, 2024

How did procurement award contracts to at least two suppliers who relied on iSoft without a working platform? Contract management is another miserable story. Risk management? Change management? Technological failures? Was there any SRM or stakeholder engagement? Cost control?

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

TYA Suite

JULY 17, 2024

From supplier selection criteria to contract management protocols, documented policies establish standards of conduct and mitigate operational risks. Execute, Manage, and Refine the Strategy : Implementation is where the rubber meets the road. Embracing digitalization is imperative for modernizing procurement operations.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. The course is designed to be interactive, engaging, and easy to follow.

Supply chain management 116

Supply chain management Supply chain management supply chain software solutions Supply chain 116

Supply Chain Game Changer

JANUARY 21, 2020

While some technology providers providing an eSourcing platform may take on more of an S2P functionality and might have Contract Management and ePurchasing as part of their platform, it’s not technically under the umbrella of eSourcing in specifics. But, what is Source-to-Pay?

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

The Procuretech Podcast

APRIL 26, 2022

Their sourcing module goes right through to offer auctions, as well as basic contract management functionality. There are also additional applications covering supplier and risk management, as well as the catalogues and e-procurement functionality associated with the traditional full stack P2P offerings.

Sourcing 52

Sourcing Procurement team supply chain software solutions Procurement 52

World of Procurement blog

MAY 8, 2024

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Key procurement roles include: Procurement Manager - Leads team to develop strategies and manage processes.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

Modern AI-powered technology for contract management can even take the friction out of the contract lifecycle. Clear communication, leadership buy-in, and strong change management strategies are necessary to ease this transition.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Una

JUNE 15, 2023

The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge. By Hugo Britt | June 15, 2023 Search Search The procurement office of Company A is a bustling place.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Procurement Software

APRIL 25, 2023

Whether it’s visibility over your processes, enhancing your data , or contract management software. Change management is key. There are so many companies offering affordable solutions for P2P, contract management or sourcing that we couldn’t possibly name them all. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52