Procurement Insights

FEBRUARY 21, 2025

Both Metaprise and Orchestration & Intake models are emerging frameworks designed to unify and optimize procurement processes , but they serve different purposes and operate at different levels. Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Contract Networking 75

ivalua

MAY 10, 2025

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? This evolution reflects procurement’s growing role as a strategic business partner.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

Spend Matters

APRIL 17, 2025

The AI Leadership Guide for Procurement breaks down AI adoption into three tiers quick wins, mid-level optimizations, high-impact transformations to help pinpoint the right starting place and position you for long-term success. But where should you begin? And how can you scale your efforts for maximum impact?

Strategy 99

Strategy Real-time Visibility Procurement Procurement team 99

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 emphasis on actionable strategies (e.g.,

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Spend Matters

APRIL 15, 2025

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. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 74

Real-time Visibility Procurement e2e Supply Chain Efficiency 74

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

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. CIOs recognized procurements role in optimizing IT spend and driving efficiency.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 5, 2025

Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. See a Demo.

Purchasing 130

Purchasing Risk Procurement e2e 130

Spend Matters

MAY 27, 2025

Automated invoice processing and payment matching shortens processing cycle times and ensures on-time payments and optimized cash flow management. Predictive analytics for cost control AI-driven cost modeling helps procurement teams anticipate supplier price fluctuations and optimize sourcing strategies accordingly.

Real-time Visibility 103

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 103

ivalua

MAY 21, 2025

Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. They increase an organization’s efficiency during processes like sourcing, purchasing, supplier management, and spend analysis.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain e2e 130

Procurement Insights

MAY 14, 2025

His work is theoretical, focusing on adaptive systems to predict supplier risks or optimize sourcing. contract automation), with some predictive analytics capabilities. contract compliance), but his focus is less on risk management, offering limited support for supply chain volatility.

Supply Chain Optimization 72

Supply Chain Optimization Contract Supplier relationship management Procurement strategies 72

Spend Matters

FEBRUARY 13, 2025

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. 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

TYA Suite

OCTOBER 27, 2024

This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers. is a comprehensive solution designed to automate and optimize the. We will also discuss how to implement this tool to maximize its effectiveness.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

FEBRUARY 20, 2025

Best-in-class organizations achieve excellent insight into their spending trends to act on inefficiencies and capture savings opportunities while ensuring compliance with internal, national, international regulations and minimizing the risks of supply chain disruptions.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

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 Ethics Supply Chain Optimization 59

ivalua

JUNE 9, 2025

Here’s how AI is being applied in key procurement functions: AI-driven Sourcing Strategies AI-powered tools analyze historical purchasing data, market trends, and supplier performance to recommend optimal sourcing strategies. Payments AI enhances payment workflows by optimizing timing for early payment discounts and cash flow management.

Sourcing 130

Sourcing Procurement Real-time Visibility Procurement team 130

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Draw up selection criteria optimizing outcomes against risk. Request proposals based on your specifications (e.g.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). Below are some key areas where CPI can improve supply chain efficiency: 1. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Raw materials 52

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? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Real-time Visibility 52

Jaggaer

FEBRUARY 5, 2025

Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach. Poorly managed onboarding can even put the entire payment chain at risk of vendor fraud or mistakes.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

HICX

JUNE 9, 2025

These may include processes related to: Supplier evaluation Supplier onboarding Performance tracking, Supplier risk management Contract analysis By automating repetitive tasks and analyzing large datasets, AI improves efficiency, reduces errors, and enhances decision-making. What is the use of AI in supply chain management?

Suppliers 40

Suppliers Supply Chain Efficiency Real-time Visibility Management 40

SCMDOJO

FEBRUARY 5, 2025

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Discover how SCMDOJO has helped businesses and individuals like yours achieve cost savings, increased efficiency, and improved supply chains.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Procurement Insights

MAY 13, 2025

While both have incredibly impressive credentials regarding AI, besides Pieter’s reference to supply chain optimization as one of the many areas he has focused on, it would be safe to say that both primarily view the procurement function from a purely outside-in AI perspective. The two webinar presenters are Pieter J.

Procurement 72

Procurement Supply Chain Optimization Leadership Real-time Visibility 72

Procurement Insights

FEBRUARY 18, 2025

Example: A company wants to deploy an AI-driven supplier risk assessment tool , but procurement teams still manage supplier relationships via email and Excel , preventing seamless integration. Lesson: AI cant optimize outdated, inefficient workflows. Lesson: A disconnected tech stack weakens AIs ability to drive value.

Procurement team 52

Procurement team Procurement solutions Contract management Suppliers 52

TYA Suite

JUNE 22, 2025

Procurement analytics platforms enable access for multiple users across departments, encouraging collaboration between procurement, finance, supply chain, and operations teams. Identify supply chain vulnerabilities, such as overdependence on a single supplier or high-risk geographies.

Procurement 40

Procurement Real-time Visibility Supply Chain Efficiency supply chain software solutions 40

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. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

FEBRUARY 5, 2025

These four steps constitute the upstream source-to-contract part of the process. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Insights

MARCH 16, 2025

Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior. If a procurement professional asks about contract risks , the AI retrieves and analyzes previous contract violations, terms, and compliance requirements.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Bidding Supply Chain Efficiency 52

Jaggaer

JULY 3, 2025

Significant increase in operating efficiency Originally implemented primarily as a central tool for order optimization, JAGGAER One has now also become indispensable in other areas too. “This not only led to optimized workflows, but also to significant cost savings.”

Logistics 52

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

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. It also fosters a culture of continuous improvement which optimizes your team for success.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Supply Chain Game Changer

FEBRUARY 21, 2025

In the context of digital document writing and contract management, redlining generally involves virtually marking additions, deletions, or modifications to contract clauses and terms to reflect the negotiations between parties. Originally written for Supply Chain Game Changer and published on August 9, 2023.

supply chain software solutions 52

supply chain software solutions Contract Suppliers Supply Chain Efficiency 52

Jaggaer

MARCH 20, 2025

From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in optimizing its procurement processes. The company, headquartered in Herborn, Hesse, initially selected JAGGAERs platform JAGGAER ONE in 2011.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Risk management 52

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility Contract 40

Procurement Insights

JULY 1, 2025

SAP-based ERP systems) and operational needs, such as streamlined sourcing or supplier management. For example, it identified SAP Ariba as optimal for Duke Energy due to low implementation risk, demonstrating its ability to match solutions to enterprise contexts. supply chain bottlenecks) while maintaining enterprise-wide visibility.

Agile and Lean Supply Chain 52

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

TYA Suite

MAY 23, 2025

From the initial selection of vendors to the final phase of contract renewal or termination, VLM software helps businesses oversee every stage efficiently. The goal is to simplify tasks, reduce errors, and improve vendor collaboration, ultimately helping businesses make better decisions and optimize their supply chain.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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