ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Spend Matters

APRIL 30, 2025

Because they are embracing orchestration capabilities to coordinate supplier facing processes across business units and functions and adding value within those orchestrated workflows. Value generation : Beyond savings, orchestrated procurement focuses on innovation, supplier enablement and enterprise agility. AI suggests actions.

Suppliers 83

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 83

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

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. Without a framework, procurements financial contributions may go unmeasured and finance may lack insight into supplier cost structures, contract obligations and savings initiatives.

Collaboration 69

Collaboration Real-time Visibility Procurement Suppliers 69

Spend Matters

JANUARY 21, 2025

These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. The surprising truth behind a 3% fee Imagine youre a supplier juggling tight margins, long payment cycles, and increasing operational demands. What may seem like a burden is, in fact, a savvy investment.

Suppliers 108

Suppliers Vendor relationships Price Purchasing 108

Supply Chain Brain

MAY 1, 2025

By enhancing collaboration with suppliers during the design phase, companies can significantly improve efficiency, quality and speed.

Collaboration 87

Collaboration Suppliers Management Quality 87

Spend Matters

NOVEMBER 4, 2024

By providing a unique supplier portal that integrates data from various ERP systems, IDAS helps manufacturers maintain on-time delivery rates, ensuring operational efficiency and stability in complex supply chains. It leverages data to provide customers with insights to ensure supply continuity.

Supply Chain Efficiency 116

Supply Chain Efficiency Management Supply chain Buyers 116

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 Innovation 52

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.

Agile and Lean Supply Chain 130

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

Supply Chain Brain

MAY 4, 2025

The benefits of collaboration with suppliers are manifold.

Collaboration 59

Collaboration Sustainability Supply chain Suppliers 59

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 96

Real-time Visibility e2e Procurement Management 96

Jaggaer

FEBRUARY 27, 2025

Nobody wants to change their technology platform after two or three years so bear in mind this is a long-term collaboration, Andrea adds. Work closely with suppliers While her experience at Franke has been highly positive, Andrea comments: I cannot emphasize strongly enough that supplier collaboration is essential.

Collaboration 52

Collaboration Procurement Change management Project management 52

Spend Matters

MAY 1, 2025

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. 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.

Real-time Visibility 77

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77

Spend Matters

OCTOBER 31, 2024

A network approach where suppliers maintain rich information on their cost structures (SG&A, machine rates, etc.) Instead of using RFXs, buyers and suppliers could benefit from the cost modeling and calculation capabilities to define and optimize prices of parts and products. to provide deep and accurate insights and auto-costing.

Buyers 117

Buyers Raw materials Networking Suppliers 117

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

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 Influencing 98

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. By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth.

Procurement 91

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 91

Spend Matters

OCTOBER 30, 2024

As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.

Risk management 117

Risk management Risk Management Collaboration 117

Spend Matters

OCTOBER 31, 2024

Today please get to know True ValueHub From our recent analyst-written Vendor Analysis : Here’s why True ValueHub matters: To the market — True ValueHub offers deep parts analysis (price/cost-focused) for direct materials using AI and deep supplier insights. What is the road ahead for True ValueHub? “We

Real-time Visibility 123

Real-time Visibility Supply Chain Efficiency Buyers Category management 123

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. Think of all suppliers as partners integral to operational efficiency.

Procurement 119

Procurement Purchasing Vendor relationships Suppliers 119

Spend Matters

NOVEMBER 13, 2024

When we talk about reputational risk, we refer to damage to a company’s name or brand resulting from the negative actions (inadvertent or not) of a top-tier supplier or sub-tier part of the supply chain. Often they are the result of a supplier cutting costs and corners. What causes reputational risk The causes come from many quarters.

Risk 113

Risk Supply Chain Efficiency Supply chain Suppliers 113

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

APRIL 30, 2025

What was once a transactional, paper-heavy process has evolved into a strategic enabler of financial efficiency, cash flow optimization and supplier relationships. Poor supplier engagement: If vendors do not transition to e-invoicing, automation benefits are limited. AP has come a long way from being just a back-office function.

Collaboration 100

Collaboration Suppliers Data Procurement 100

Spend Matters

MAY 14, 2025

The situation is further complicated for global supply chains, particularly when suppliers are located in regions with strict data regulations and infrastructure challenges, such as China. LightSource was specifically created to solve these issues for direct materials sourcing.

Sourcing 83

Sourcing Buyers Procurement team Bidding 83

Planergy

MARCH 19, 2025

How AP can improve relationships with your key suppliers. Effective supplier management is essential for educational institutions. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

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

NOVEMBER 7, 2024

Halo Ai builds its supplier risk profiles via third-party data providers and web-sweeping techniques; it does not allow for supplier self-reporting without using external sources for validation. For example, there is no supplier portal for advanced collaboration, and custom KPIs or reports are not yet available.

Risk management 114

Risk management Risk Suppliers Supply chain 114

Spend Matters

MAY 6, 2025

For phase 1, establishing a shared understanding of cash flow priorities is essential before meaningful collaboration can occur. Phase 1 Understanding the foundations While finance focuses on extending days payable outstanding (DPO) to manage working capital, procurement prioritizes the sustainability of supplier relationships.

Supply Chain Optimization 83

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 83

Let's Talk Supply Chain

MARCH 2, 2025

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

Spend Matters

OCTOBER 31, 2024

Traditionally, procurement was very focused on a firm’s financial health, and controls regarding these aspects have been in place for quite a long time (this is why all major supplier management solutions have had D&B integrations for more than 20 years). However, things are very different today. This made the most logical sense.

Risk management 117

Risk management Risk Import Real-time Visibility 117

Procurement Insights

FEBRUARY 21, 2025

A Metaprise (Meta + Enterprise) is a networked enterprise ecosystem where multiple organizations, suppliers, and partners are seamlessly interconnected through a digital procurement infrastructure. Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

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 73

Sourcing Market analysis Collaboration Buyers 73

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Barkers Procurement

DECEMBER 12, 2024

It will require careful planning across multiple areas, not the least of which is supplier relations. And this is where CPOs must take heed: while relationships with key suppliers are crucial, smaller businesses must not be neglected. There is, but only with a mindset that prioritises a smooth relationship with small suppliers.

Suppliers 52

Suppliers Bidding Negotiation Procurement team 52

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. AI is the game-changer that allows procurement professionals to escape the cycle of transactional work and focus on what really moves the needle: strategic sourcing, supplier collaboration, and advanced analytics.

Supply Chain Efficiency 107

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 107