Spend Matters

MAY 27, 2025

Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management.

Real-time Visibility 82

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 82

Spend Matters

APRIL 17, 2025

Level 1: The quick wins Low-effort, high-impact AI The easiest way to introduce AI into procurement is through automation eliminating repetitive tasks and boosting efficiency with minimal effort. It also plays a critical role in fraud detection and compliance monitoring, analyzing patterns and anomalies to flag potential risks in real time.

Strategy 99

Strategy Real-time Visibility Procurement Procurement team 99

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Contract management 98

Contract management Contract Import Management 98

Skill Dynamics

JANUARY 16, 2025

Increase Efficiency Process audit reports help identify inefficiencies and bottlenecks in procurement processes by analyzing current processes and finding better opportunities to streamline workflows and optimize resource allocation. As a result, teams achieve greater productivity and efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking is the process of monitoring and managing procurement activities. Documents concerning the contracts shall also be undertaken.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Una

APRIL 18, 2023

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.”

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

Supply Chain Optimization 52

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

Procurement Tactics

MARCH 16, 2023

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Category Management Category management sorts your spending into areas with the same supplier markets.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

APRIL 15, 2025

Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Understanding Supplier Risk Management.

Risk management 147

Risk management Risk Suppliers Management 147

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Skill Dynamics

FEBRUARY 11, 2025

Risks are guaranteed when dealing with a supply chain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supply chain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 52

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. Its balance of innovation (e.g.,

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

ivalua

FEBRUARY 10, 2023

They should do this by regularly tracking changes in the economy and taking proactive steps to mitigate any potential risks associated with inflation. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

TYA Suite

OCTOBER 27, 2024

It encompasses a range of features aimed at managing the acquisition of goods and services efficiently. This software helps organizations manage supplier interactions, streamline procurement workflows, and ensure compliance with company policies and regulations. is a comprehensive solution designed to automate and optimize the.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

FEBRUARY 5, 2025

Supplier Risk Assessment – In an increasingly large number of cases, a detailed supplier risk assessment might be required to determine whether the lowest bidder is the best overall choice. Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Tactics

OCTOBER 18, 2022

Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. . SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . ProcureWare.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

Procurement 59

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. For the third piece of tech, a contract management system, the Legal Department was a strong ally.

Influencing 106

Influencing Procurement supply chain budgeting e2e 106

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

ivalua

FEBRUARY 24, 2021

The release includes a broad set of innovations to help organizations better manage their spend and suppliers. in “ The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” Now, customers can create and iterate on a draft contract during an RFX. About Ivalua. Media Contact.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Jaggaer

MARCH 6, 2025

Leveraging modern procurement technology has become essential for public sector organizations aiming to achieve efficiency, transparency, and compliance while meeting their social and environmental goals. Predictive analytics powered by ML helps organizations anticipate procurement trends and identify potential risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Jaggaer

OCTOBER 30, 2024

EU ETS Requirements & Compliance Risks The European Union’s Emissions Trading System (EU ETS) is a market-based mechanism established in 2005 to reduce greenhouse gas emissions. Financial Impact of Non-Compliance Companies that fail to develop or adhere to net-zero plans risk losing free emissions allowances.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Suppliers Supply chain 52

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Learn more at www.ivalua.com.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.

Supply Chain Efficiency 26

Supply Chain Efficiency Chief Procurement Officer Procurement Networking 26

Una

APRIL 18, 2023

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

JULY 4, 2021

The project, which was delivered in partnership with Efficio, the leading strategic procurement and supply chain consultancy firm, was focused on STG’s strategic sourcing process as the first stage of a longer term digital transformation. Ivalua is a leading provider of cloud-based Spend Management solutions.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Strategic sourcing Strategic sourcing 130

ivalua

MARCH 24, 2022

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and Supply Chain processes.

Suppliers 130

Suppliers Management Supply Chain Efficiency Spend management 130

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. Open and transparent communication can help procurement teams collaborate with suppliers to find mutually beneficial solutions during periods of inflation.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Jaggaer

FEBRUARY 20, 2025

Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing. the public sector).

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52