ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Source-to-Pay is typically broken into two parts – upstream and downstream.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 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. Supplier Relationships: Managing spend involves evaluating, selecting, and nurturing relationships with suppliers. This directly contributes to the organization’s bottom line.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Procurement Tactics

JULY 2, 2023

There are various tools and software that provide a template to create a job order document. They shall ensure that a documented record of the procurement procedure, which can be vital for audits, contract management, and law enforcement purposes, is kept. Softwares Available for Creating and Managing Job Orders 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

Spend Matters

AUGUST 3, 2022

managing contracts or ESG performance), spend categories and supporting intelligence. SAP acquired Ariba over a decade ago to manage S2P, especially for indirect spend management, to augment the basic integrated direct spend management functionality within SAP’s ERP system (ECC and now SAP S/4 HANA).

Sourcing 82

Sourcing Spend management Procurement supply chain software solutions 82

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 78

e2e Procurement supply chain software solutions Contract 78

Procurement Software

NOVEMBER 14, 2023

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. This is a well-trodden route, with Salesforce probably the most famous example to successfully do this in the B2B software space.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. Johnson & Johnson’s Innovation Focus : Johnson & Johnson used technology and strong contract management in their procurement strategy.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

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. But what does a procurement buyer do, exactly?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

NOVEMBER 28, 2022

This statistic comes from a recent article all about the procurement analytics software market and its potential to explode in terms of growth. Just for the record, I didn’t spend $4,500 to read it in full!). Implementation took too long and it was a costly consulting project on top of the outlay for the actual software itself.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 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

Procurement Software

JULY 4, 2023

Procurement technology, or procuretech, refers to software which powers these digital tools which automate and streamline procurement. Software can be used to not only assist procurement teams to automate manual processes such as data entry, document processing and vendor communication. What is procurement tech?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Pipefy

MAY 23, 2023

However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

supply chain software solutions 46

supply chain software solutions Supply chain Procurement Supply 46

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Establishing Tail Spend Analysis Metrics Companies should establish metrics to measure their progress to ensure they get the most out of their tail spend analysis.

supply chain budgeting 52

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

Procurify

JULY 20, 2022

Before, purchasing managers often prioritized spend management. Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. .

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. For example: the ERP system, SAP, Netsuite, and other finance software. The first choice will be the software type.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. Procurement software can help users achieve this goal by ensuring that contracts comply with the organization’s spending policies.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Barkers Procurement

JUNE 21, 2023

The concept of an overarching Business Spend Management platform (BSM) is a relatively new and compelling concept, championed by our partners at Coupa, and is just as strategically important as your ERP, MRP or CRM systems. From a spend compliance perspective, BSM software comes into its own.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Claritum

MAY 11, 2018

Your business could struggle to achieve visibility of its global supply chain. Do you have visibility of a global supply chain? A better solution to this problem is to utilise cloud based spend management technology. Supply chain visibility is poor. %. So, how do you solve this problem?

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Pipefy

DECEMBER 20, 2023

Spend under management (SUM) Spend under management is the total direct and indirect company spend managed by the procurement team, excluding salaries or required tax or regulatory payments. In addition to financial and social gains, a diverse supplier base helps mitigate risks like supply chain disruptions.

Procurement 52

Procurement Purchase orders Contract Purchasing 52

Planergy

JULY 21, 2023

You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management. Contract Negotiation Finalize agreements with selected vendors, considering budget constraints and legal considerations.

Management 52

Management Procurement supply chain budgeting Budget 52

Zycus Cognitive Procurement

JANUARY 31, 2023

Consolidation of Supply Chain: Through better understanding of one another, buyers and suppliers can work together to mutually benefit from improved efficiency in the supply chain. This will lead to a better understanding of customer needs resulting in shorter supply chain delays and smoother operations overall.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

ivalua

JANUARY 29, 2020

Retail and tech expert Greg Petro says that, “ while the supply chain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”. Zara can have similar clothing in its shops just two weeks after a new design idea has appeared on the catwalk.

Collaboration 213

Collaboration Innovation Agile and Lean Supply Chain Procurement 213

Empowering CPO

JUNE 26, 2023

These cost pressures necessitate a strategic approach to spending and resource allocation. Fragmented Supply Chains: The healthcare supply chain is complex and often fragmented, involving multiple stakeholders such as manufacturers, distributors, and group purchasing organizations (GPOs).

supply chain budgeting 52

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

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Empowering CPO

JUNE 27, 2023

Risk Mitigation: By analyzing spend data, organizations can identify potential risks such as over-reliance on a single supplier, supply chain vulnerabilities, or non-compliance with contractual obligations. A Non-profit Organization conducted a spend analysis to gain better visibility into their indirect spend.

Real-time Visibility 40

Real-time Visibility Data Quality Supply Chain Optimization 40