Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Ensuring supply continuity requires timely and open sharing of information.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. Collaborate with stakeholders for alignment.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

JANUARY 11, 2023

The Nipendo platform is used by cross-vertical medium-sized and large companies across the globe, helping them reduce costs and improve procurement and supply chain efficiencies, as well as supporting their competitive strength. 10.34] An overview of Nipendo – what they do and how they help their customers.

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

NLPA (Next Level Purchasing Association)

JULY 20, 2023

The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams. Resource Allocation: By strategically managing spend, teams can allocate resources in a way that aligns with the organization’s objectives and priorities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know.

Procurement solutions 75

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 75

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. To put that in perspective, the US GDP that year was just over $21 trillion and federal spend was $4.4 trillion, making grants roughly 17% of the total federal budget. .

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

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

ivalua

SEPTEMBER 28, 2020

It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. When this started for me, I’d hoped that after twenty years of evolution, AP would be touchless, compliant and low cost. Is there a budget and contract (the purchase order is a contract) for these items?

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 24, 2023

2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Supplier risk management Exiger offers a comprehensive risk assessment product that encompasses various risk dimensions with a high degree of granularity and depth to reduce risks in supply chains.

e2e 79

e2e Procurement supply chain software solutions Contract 79

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. How organisations should recognise the “invisible” benefits.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. How organisations should recognise the “invisible” benefits.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Empowering CPO

JUNE 20, 2023

But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. The goal of these teams is to work with suppliers to identify ways to reduce costs and improve quality.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

ivalua

FEBRUARY 17, 2021

February 17, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year in 2020. Empowering Procurement & Supply Chain Leaders Across the Globe. Significant advancements in AP Automation to improve automation and cash management. Redwood City, CA.

supply chain budgeting 49

supply chain budgeting Agile and Lean Supply Chain Innovation Supply Chain Efficiency 49

Una

JANUARY 8, 2024

Here are some examples of how a Cost-First Crusader and a Value-Creation Maestro might approach the same purchasing needs in different ways: Office Printers Cost-First Crusader You're on a mission to save on printers. You snag a bunch of budget-friendly printers without considering the long game.

supply chain budgeting 52

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

Planergy

DECEMBER 29, 2022

By finding the right partnerships and putting together a comprehensive plan, businesses can ensure they’re getting the most out of their marketing budget. It should also provide details on the specific services you’re looking for and any budget or timeline constraints you may have. Identify Your Core Target Market.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

ivalua

NOVEMBER 7, 2019

Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products. Enhancements enable manufacturers to launch more profitable, successful products.

Innovation 22

Innovation Bill of materials Supply Chain Efficiency Management 22

ivalua

FEBRUARY 13, 2019

12, 2019 — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year. Empowering Procurement and Supply Chain Leaders Across the Globe. Growth driven by new customer acquisition, regional expansion and continued customer success. REDWOOD CITY, Feb.

Bill of materials 35

Bill of materials supply chain budgeting Supply Chain Efficiency Innovation 35

Planergy

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. This also allows for better vendor management, as the best vendor for the job can be easily identified. Download Free Copy. Written by. Lyle Del Vecchio.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Pipefy

MAY 23, 2023

If your industry has volatile inclinations or there is a supply chain disruption, a digital contract management tool can monitor and forecast those changes so that you can mitigate possible disasters. Life cycle management. Coupa Coupa is a business spend management platform that allows users to manage expenditures.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

JUNE 28, 2021

Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The findings show late payments are having a knock-on effect across the supply chain. Ivalua is a leading provider of cloud based Spend Management solutions.

Risk 130

Risk Suppliers supply chain budgeting Innovation 130

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Enable effective, scalable collaboration.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. SAP is also developing additional use cases in collaboration with customers with availability planned for the first half of 2024.”

Networking 89

Networking Spend management Suppliers Supply Chain Optimization 89

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Contract and compliance management.

Agile and Lean Supply Chain 52

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

ivalua

JULY 10, 2019

Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. Redwood City, CA July 10, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for manufacturers.

supply chain budgeting 113

supply chain budgeting Agile and Lean Supply Chain Bill of materials Supply Chain Efficiency 113

Procurement Software

MARCH 5, 2024

The Execution and Collaboration modules give you the ability to track tasks and approvals individually, bringing you closer to project completion. Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Supplier Relationship Management : Build strong, collaborative relationships with key suppliers. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52