Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Growth Strategic supplier relationships are vital for supporting business growth.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

Procurement Insights

NOVEMBER 28, 2024

I recently received an invite to an upcoming 30-minute webinar titled “ These 3 Practices Will Boost Your Career: The power of data-driven negotiating.” The two immediate thoughts that came to my mind – and the reason I am attending were: Can great tech overcome poor communication and collaboration within a company?

Negotiation 52

Negotiation Procurement Supply Chain Efficiency Price 52

ivalua

JULY 1, 2025

Success depends on cross-functional collaboration, continuous improvement, and the ability to adapt quickly to shifting risk and findings from market analysis. Platforms should support structured collaboration from intake management to invoice automation. These may include cycle time, cost avoidance, policy adherence or others.

Procurement strategies 130

Procurement strategies Strategy Real-time Visibility Procurement 130

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Real-time Visibility 52

ivalua

MAY 29, 2025

Additionally, we’ll propose a best-practice framework for making collaboration more effective. Integrated platforms unify procurement and supply chain teams, improving collaboration, compliance, and supplier relationship management. It’s heavily tied to spend management, risk mitigation, and supplier performance.

Supply chain management 130

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 130

Positive Purchasing

JUNE 16, 2025

A Proven Approach for Negotiations with Suppliers Highly effective negotiation skills are an essential element of a purchasing and supply chain professional’s toolkit. Negotiation for Procurement and Supply Chain Professionals offers a clear, step-by-step guide to achieving successful negotiations that deliver real results.

Negotiation 52

Negotiation Supply Chain Optimization Supply chain Procurement 52

ivalua

MAY 16, 2025

Modern procurement automation software helps companies to streamline repetitive tasks, improve cross-team collaboration, and improve visibility across every stage of the buying cycle. This allows you to standardize workflows and enforce policies, while benefiting from real-time collaboration across departments and regions.

Real-time Visibility 130

Real-time Visibility Procurement e2e Contract 130

ivalua

JUNE 5, 2025

Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time. Procurement is a strategic function focused on selecting suppliers, negotiating contracts, managing supply chain risk, and ensuring long-term value creation.

Purchasing 130

Purchasing Risk Procurement e2e 130

ivalua

JULY 23, 2025

E-informing ensures that employees across departments can easily access procurement policies, approved vendor lists, and negotiated contract terms in one centralized location. 3) E-tendering E-tendering takes traditional RFx processes such as RFPs, RFQs, and RFIs, and brings them into a collaborative digital workspace.

Real-time Visibility 130

Real-time Visibility Procurement e2e Supply Chain Efficiency 130

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. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

ivalua

JULY 21, 2025

Plus, real-time budget tracking keeps all purchasing activity automatically within budget, preventing cost overruns, while supply chain collaboration software enables suppliers to provide real-time collaborative feedback so that organizations can make agile, multi-variable determinations.

Real-time Visibility 100

Real-time Visibility e2e Procurement supply chain software solutions 100

ivalua

JULY 3, 2025

To avoid these pitfalls, supply chain and procurement leaders should continuously monitor risk, strengthen supplier relationships, and work to mitigate disruptions through planning and cross-functional collaboration. Contract non-compliance is another concern, as departments may bypass negotiated agreements and miss out on better terms.

supply chain budgeting 130

supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

ivalua

JULY 8, 2025

Success depends on choosing a platform that unifies data, simplifies user experience, and supports cross-functional collaboration. Collaboration across departments: Enable sourcing, legal, finance, and other stakeholders to review and weigh in on decisions in real time.

Sourcing 130

Sourcing Real-time Visibility e2e Procurement 130

Supply Chain Game Changer

JULY 19, 2025

From the start, negotiate terms that benefit both parties and establish clear performance metrics to track progress. Additionally, consider leveraging technology to enhance supplier collaboration and ensure seamless transactions. Building long-term partnerships requires transparency about your needs and expectations.

Supply Chain Efficiency 76

Supply Chain Efficiency Procurement supply chain budgeting Agile and Lean Supply Chain 76

ivalua

JUNE 23, 2025

These tools allow seamless collaboration between procurement teams and stakeholders and help secure competitive advantages in sourcing and supplier management. Key Features of an Effective S2C Platform When deciding on an S2C solution, certain non-negotiable features should be at the top of your checklist.

Contract 130

Contract Sourcing Real-time Visibility Procurement team 130

Positive Purchasing

JANUARY 20, 2025

These changes have reshaped how procurement professionals collaborate and execute their tasks. In this new era, collaboration in procurement has become critical for achieving efficiency and innovation. She highlights the importance of collaboration in today’s hybrid work environment.

Collaboration 52

Collaboration Procurement Procurement team Agile and Lean Supply Chain 52

Procurement Software

JULY 6, 2025

When raw material prices are surging 15%, and you negotiate it down to a 10% increase, that 5% difference rarely gets recognised as the significant achievement it represents. The relationship between Procurement and Finance often becomes strained over rigid definitions of what qualifies as “savings.”

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Richard Todd , a negotiation expert describes a successful negotiation as one that requires understanding not just what is needed from a supplier but also what the supplier needs from us.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

ivalua

JUNE 12, 2025

Success depends on integration, transparency, and alignment with help from modern spend analysis software that supports trusted data, configurable logic, and cross-functional collaboration. They can optimize RFx timing, identify negotiation opportunities, benchmark supplier performance, and fine-tune strategies for high-impact categories.

supply chain budgeting 130

supply chain budgeting Risk Real-time Visibility Supply Chain Efficiency 130

Spend Matters

MAY 20, 2025

This week, we examined how procurement can structure its collaboration with finance, and now, we turn to see how that collaboration can work in practice. Current situation: Organizations often negotiate payment terms inconsistently, creating cash flow volatility. Is procurement leveraging early-payment discounts effectively?

Collaboration 69

Collaboration Real-time Visibility Procurement Suppliers 69

Future Purchasing

APRIL 1, 2025

It is a cross-functional activity that requires organisations to work collaboratively to understand internal stakeholder needs and examine category spend, the supply market, and suppliers to identify opportunities for savings and value improvement as well as aligning your procurement strategy with your business goals.

Category management 52

Category management Strategic sourcing Strategic sourcing Sourcing 52

Spend Matters

JUNE 17, 2025

It lives in mental models, negotiation patterns, supplier relationships and lessons learned from failure. From governed catalogs and guided intake to compliant purchase orders and structured supplier collaboration, the piece outlines nine essential capabilities that define functional maturity. Not all knowledge is codified.

Procurement 94

Procurement Eprocurement Purchase orders Risk 94

Supply Chain Game Changer

FEBRUARY 21, 2025

However, the traditional manual contract review and negotiation process often leads to delays, communication gaps, and potential errors, adding friction to the process of onboarding of new suppliers. Contract redlining software is essentially a specialized tool designed to streamline the contract review and negotiation process.

supply chain software solutions 52

supply chain software solutions Contract Suppliers Supply Chain Efficiency 52

Spend Matters

FEBRUARY 4, 2025

By managing costs earlier, negotiating better supplier terms, and ensuring the best value for money, procurement has become a critical driver of long-term financial performance. For example, vendor price intelligence democratizes spend data so procurement and finance teams are armed with data going into a negotiation.

Procurement 107

Procurement Purchasing Negotiation Buying process 107

ivalua

MAY 10, 2025

Key Takeaways Procurement technology is evolving from basic digitization to a strategic enabler, helping enterprises automate processes, reduce risk, and improve supplier collaboration. Pro Tip: The best procurement technologies don’t just digitize — they deliver insights, collaboration, and control.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

Jaggaer

FEBRUARY 28, 2025

This involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers. Supplier Collaboration: Collaborate with suppliers to explore joint cost-savings initiatives. Collaboration and Communication: Maintain open communication with suppliers and key stakeholders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 52

SCMDOJO

MARCH 14, 2025

Final Shortlisting If a particular vendor, based on the qualification criteria and scoring has been deemed suitable, then proceed with the next phase, that is negotiations. Negotiations In some cases, entities may engage shortlisted vendors in a final round of negotiations to determine payment cycles, deliverables and timelines.

Bidding 59

Bidding Contract Contract management Price 59

SCMDOJO

DECEMBER 29, 2024

10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films This is a fantastic blog post! This blog consists of: Curating a Relevant Movie List The selection of movies is excellent, covering a range of negotiation scenarios, from high-stakes dramas to business partnerships.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Spend Matters

JUNE 17, 2025

Collaboration workflows must allow internal and external (supplier-side) communication on issues. Supplier self-service and contextual collaboration are increasingly expected. The function is non-negotiable.” Dynamic approval routing based on roles, spend category, supplier type or exception type is table stakes.

Real-time Visibility 102

Real-time Visibility e2e Procurement strategies Suppliers 102

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. What is an Orchestration & Intake Model?

Supply Chain Optimization 75

Supply Chain Optimization Contract management Contract Networking 75

TYA Suite

OCTOBER 27, 2024

By having access to detailed supplier information and performance metrics, organizations can make informed decisions and build stronger, more collaborative relationships with their suppliers. By improving transparency and enabling seamless collaboration, companies can build stronger relationships with their vendors.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

FEBRUARY 20, 2025

The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. Strategic sourcing becomes part of the process and ensures that the best vendors are selected, and that favorable deals are negotiated with them.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Procurement Insights

JULY 1, 2025

His perspective underscores the need for integrated thinking and collaboration to achieve positive impacts in procurement processes. ​ These insights stress the need for integrated collaboration and strategic alignment within organizations to overcome inefficiencies and maximize procurement effectiveness.

Procurement team 52

Procurement team Collaboration Sustainability Supply Chain Efficiency 52

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 98

Stakeholder engagement Management Procurement Supply Chain Efficiency 98

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Moreover, the negotiation phase often involves delicate discussions around terms, risk allocation, and contingencies, which are better handled by human intelligence.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52