Supply Chain Brain

MAY 4, 2025

Sustainability management and oversight frameworks should be designed not just to meet current standards but to set new benchmarks in sustainable business practices.

Sustainability 52

Sustainability Collaboration Strategy Management 52

Spend Matters

NOVEMBER 14, 2024

State of Flux’s best practice model consists of six pillars that have been the staple of its proposition from the outset: value, engagement, governance, people, technology and collaboration. Technology — The enabler of SRM initiatives by improving communication and collaboration among all parties.

Suppliers 117

Suppliers Raw materials Collaboration Management 117

Spend Matters

APRIL 29, 2025

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

Real-time Visibility 93

Real-time Visibility e2e Procurement Management 93

Spend Matters

MAY 1, 2025

Yet, many organizations struggle to modernize procurement processes, not due to a lack of technology, but because they fail to align workflows, stakeholder collaboration and automation effectively. A collaborative procurement model ensures that stakeholders work together to optimize purchasing strategies and vendor relationships.

Real-time Visibility 75

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 75

Procurement Templates

NOVEMBER 21, 2024

Consult Legal Teams: Collaborate with in-house legal experts to draft and review procurement contracts. Collaborate with Suppliers: Encourage suppliers to adopt sustainable practices through joint initiatives. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., Coursera, Udemy). LEED Green Associate).

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Supply Chain Dive

MAY 15, 2025

Consistent communication and collaborative performance evaluation are some of the keys to success, said experts from Dr. Squatch, Wayfair and DHL eCommerce.

Collaboration 94

Collaboration 94

Spend Matters

MARCH 25, 2025

How procurement can effectively manage stakeholders To drive digital transformation, procurement leaders must take a structured approach to identifying, engaging and collaborating with stakeholders. Building cross-functional collaboration Cross-functional collaboration is essential for successful procurement transformation.

Stakeholder engagement 96

Stakeholder engagement Management Procurement Influencing 96

Spend Matters

NOVEMBER 11, 2024

Here’s why we think Vroozi matters: To the market: Vroozi offers a comprehensive P2P solution, including e-procurement, invoice automation and supplier collaboration. In Part 2, we explore the solution’s strengths and opportunities, review the competitive landscape, offer user considerations and provide an analyst summary.

Procurement 119

Procurement Buyers Collaboration Demand 119

Spend Matters

OCTOBER 30, 2024

Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management. We look at them one by one in this mini series.

Risk management 117

Risk management Risk Management Collaboration 117

All Things Supply Chain

MAY 26, 2023

chipmaker, to collaborate on the development of 5G radio frequency components. Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. The…

Supply chain 246

Supply chain Collaboration Supply Logistics 246

Spend Matters

OCTOBER 31, 2024

Because True ValueHub is collaborative in a way most costing solutions are not, the solution can support discussions and negotiations between buyers and suppliers based on facts, which is a condition for capturing more value for both sides. As mentioned above, it has distinct capabilities (e.g.,

Buyers 117

Buyers Raw materials Networking Suppliers 117

Procurement Templates

DECEMBER 11, 2024

Having good relationships with our suppliers means that they are also willing to work with procurement collaboratively, after all a win win situation should benefit both parties. Stakeholder Management Objectives Engagement and Collaboration: Foster strong relationships with internal stakeholders (e.g., Wait, what about stakeholders?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

MAY 7, 2025

Communication and collaboration in procurement can be challenging due to the complexity of coordinating between multiple internal departments and external suppliers. EffiGO aims to solve this problem by enhancing cross-functional collaboration and supplier collaboration for upstream and downstream procurement.

Sourcing 72

Sourcing Market analysis Collaboration Buyers 72

Spend Matters

APRIL 30, 2025

Shift AP roles from data entry to exception management: Train teams to focus on analytics, supplier collaboration and fraud prevention. Create a cross-functional AP steering committee: Ensure finance, IT and procurement collaborate on design, rollout and optimization.

Collaboration 99

Collaboration Suppliers Data Procurement 99

Spend Matters

JANUARY 7, 2025

A lack of stakeholder collaboration can result in a host of legal and security problems. An effective procurement process is highly visible and includes centralized discussions from key collaborators across Legal, IT and InfoSec. Legal and Security teams lack visibility Procurement is inherently cross-functional.

Procurement 119

Procurement Purchasing Vendor relationships Suppliers 119

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. This collaborative approach leads to a more proactive and preventative approach to quality management. That is the key to success: a collaborative plan.

Procurement 91

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 91

ivalua

JANUARY 31, 2023

This puts the Procurement function in a central role towards establishing a transparent emissions baseline using reliable data and collaborating with suppliers on carbon savings plans to meet reduction targets and for reporting and risk assessment. They can use these models to focus on high-emitting categories and products.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Spend Matters

MAY 14, 2025

From RFx creation to contract award, LightSource provides the infrastructure for streamlined collaboration, part-level cost breakdowns and sourcing scenario analysis.

Sourcing 80

Sourcing Buyers Procurement team Bidding 80

SCMDOJO

OCTOBER 30, 2024

Enhancing Collaboration Capabilities Supply chain management is inherently collaborative, often requiring coordination between suppliers, manufacturers, distributors, and retailers. MTSS platforms enhance collaboration capabilities by offering features such as group project modules, discussion forums, and peer review systems.

supply chain budgeting 93

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 93

Procurement Leaders

NOVEMBER 25, 2024

At the same time, he sought to instil common values and behaviours in his new team: a willingness to take risks, a collaborative mindset, being prepared to accept accountability and a pioneering mindset are among the traits he looks for in talent.

Leadership 130

Leadership Procurement Price Collaboration 130

Procurement Insights

APRIL 29, 2025

QUESTION 1 What are the odds of a Procuretech selection and implementation initiative succeeding when there is good communication between procurement, IT, and finance, and when said communication and collaboration are lacking? Poor Communication 20-30% Misaligned requirements, integration failures, low adoption, cost overruns, no ROI.

Procurement 52

Procurement Collaboration Risk Leadership 52

Procurement Insights

OCTOBER 31, 2024

In the meantime, here are a few insights from my 40-plus years in high-tech and procurement regarding one of the previously mentioned four points: Collaborative Supplier Networks: How do you achieve the flexibility and adaptability to respond to “unpredictable markets?” What are collaborative supplier networks?

Supply Chain Optimization 75

Supply Chain Optimization Risk management Networking Collaboration 75

Spend Matters

OCTOBER 31, 2024

They can invite the suppliers and internal stakeholders to collaborate on the identified opportunities in real time. What is the road ahead for True ValueHub? “We

Real-time Visibility 123

Real-time Visibility Supply Chain Efficiency Buyers Category management 123

SCMDOJO

JANUARY 9, 2025

Key Benefits of Strategic Sourcing Building Long-Term Supplier Partnerships Strategic sourcing focuses on identifying and collaborating with suppliers who align with a companys long-term goals. Greater Supplier Satisfaction: Engaged suppliers who see the value in a long-term partnership are more willing to collaborate and innovate.

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

Spend Matters

OCTOBER 30, 2024

Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management. We look at them one by one in this mini series.

Risk management 112

Risk management Risk Management Collaboration 112

Spend Matters

FEBRUARY 26, 2025

And in collaboration with NIGPs RMGPA chapter and Colorados OEDIT department, SOVRA will host The Small Business Showcase at the NIGP Forum in Denver to highlight small businesses looking to expand their presence in public procurement. Recent successes include: In 2024, 321 new government procurement teams were onboarded.

Procurement 119

Procurement Bidding Contract management Data 119

Let's Talk Supply Chain

FEBRUARY 20, 2025

Heading 3: Collaborative Initiatives Key to GM’s Tariff Mitigation Success Collaborative efforts have been at the forefront of General Motors’ accomplished mitigation of tariffs in recent months. Cost-efficiency: Streamlining operations and optimizing supply chain processes to minimize tariff impact.

Agile and Lean Supply Chain 98

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

Let's Talk Supply Chain

APRIL 28, 2025

Collaborate with suppliers: Foster strong partnerships with suppliers who share your sustainability‍ goals. Foster Collaboration: Encourage collaboration within the procurement team and cross-functionally with other departments to foster innovation and drive business growth.

Supply Chain Efficiency 52

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

Spend Matters

MAY 6, 2025

For phase 1, establishing a shared understanding of cash flow priorities is essential before meaningful collaboration can occur. When these functions collaborate, organizations improve working capital efficiency, reduce financial risks and create a more resilient cash flow structure.

Supply Chain Optimization 80

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 80

Procurement Insights

FEBRUARY 21, 2025

Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one. Use a Metaprise Model if: Your organization needs to collaborate across multiple businesses, suppliers, and procurement networks. Requires integration with existing sourcing, invoicing, and payment tools.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75