ivalua

JULY 1, 2025

Core Operational Focus Areas A modern strategy must prioritize foundational capabilities, including spend analysis , vendor management, contract lifecycle management, and risk management. Establishing this alignment early ensures that you’re tracking the performance of your procurement strategy against outcomes that leadership cares about.

Procurement strategies

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. Optical character recognition (OCR) digitizes invoices and contracts, eliminating time-consuming manual data entry. For a more in-depth exploration of AI in Procurement, check out this AI Leadership Guide for Procurement.

Procurement

ivalua

JULY 1, 2025

Core Operational Focus Areas A modern strategy must prioritize foundational capabilities, including spend analysis , vendor management, contract lifecycle management, and risk management. Establishing this alignment early ensures that you’re tracking the performance of your procurement strategy against outcomes that leadership cares about.

Procurement strategies

Spend Matters

JULY 1, 2025

With AI-driven automation, procurement teams can speed up purchase order processing, simplify invoice approvals and reduce errors in contract compliance checks. For a more in-depth exploration of AI in Procurement, read the AI Leadership Guide for Procurement. The result?

Procurement

Spend Matters

APRIL 15, 2025

Many departments still rely on legacy systems for contracting and procurement, but AI tools can also integrate with these existing systems, minimizing workflow discrepancies and improving overall efficiency. For a more in-depth exploration of AI in Procurement, read the AI Leadership Guide for Procurement.

Real-time Visibility

Spend Matters

JUNE 26, 2025

Step 1: Get leadership on board Before introducing any AI tools or automation, the first and most crucial step is securing dealmaker buy-in and sponsorship. Leadership needs to understand that AI is not just a futuristic concept; it is a tangible, practical tool that can streamline procurement, cut costs and improve decision-making.

Procurement

Procurement Insights

FEBRUARY 18, 2025

Example: A company adopts an AI-powered contract management tool , but it doesnt integrate with their sourcing or invoicing system , creating inefficiencies. Lack of Organizational Buy-In Issue: If leadership and procurement teams dont fully embrace digital transformation , AI adoption will fail.

Procurement team

Spend Matters

NOVEMBER 19, 2024

Due to the external-facing nature of risk, leadership must recognize that there will always be problems. Therefore, to do risk management well requires constant gathering of data on new risks. And we must remember that one cannot escape supply chain risks. Risk impact assessment carried out by internal functions along with suppliers.

Risk

Spend Matters

MARCH 25, 2025

Internally, procurement teams must collaborate closely with finance, IT, legal and operational leadership, each with distinct priorities and decision-making authority. Legal teams emphasize regulatory compliance, contract enforcement and risk mitigation. IT departments prioritize system integration, security and usability.

Stakeholder engagement

Spend Matters

OCTOBER 29, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement

Jaggaer

FEBRUARY 28, 2025

Serious issues related to key Government contracts had become headline stories across the UK media and this needed to stop. Thus, we come back to the first point the need for a leadership mandate to track and record return on investment, backed up with clear KPIs.

Procurement

ivalua

JUNE 3, 2025

Business Impact : Automation of sourcing and contracting tasks, cutting cycle times by as much as 40%. How to Gain Similar ROI: Transition to a single S2P platform to centralize all sourcing, contracting, purchasing and invoicing activities. Savings Achieved: Over $24.2 million in procurement efficiencies over three years.

Real-time Visibility

Spend Matters

APRIL 16, 2025

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. The success of the Procurement team at Utz Brands, Inc.,

Procurement

Spend Matters

FEBRUARY 5, 2025

Success depends on leadership alignment, effective communication and empowering teams to embrace the transformation journey. Change management encompasses all of the above (and more), and it is not just about teaching people how to use the new solution. It is as much about people and culture as it is about technology.

Procurement

Procurement Insights

MAY 13, 2025

contract automation), with some predictive analytics capabilities. contract compliance), but his focus is less on risk management, offering limited support for supply chain volatility. Hansen: Specializes in supplier relationship management through his Relational Contracting Model, emphasizing collaboration to mitigate risks.

Procurement

Spend Matters

AUGUST 5, 2025

Introduction AI is reshaping industries, and procurement is no exception — from intelligent contract analytics and invoice automation to next-gen risk scoring. Unstructured contracts lead to faulty clause extraction or missed obligations. Make data strategy a leadership agenda: This isn’t the job of IT. Data is the plumbing.

Data

Spend Matters

JULY 1, 2025

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement

SCMDOJO

JULY 4, 2025

We’ll explore how invoice processing is becoming fully automated, how data extraction streamlines billing analysis, and how smart contracts ensure enforceable billing terms. These dashboards help leadership monitor overcharges, payment delays, and vendor compliance.

Supply Chain Efficiency

Procurement Insights

MARCH 22, 2025

Will the company name, leadership team, or branding change? Pricing & Contract Terms Will pricing, billing cycles, or renewal terms change in the next 12 months? Will the vendors solution remain a standalone product or be merged into a larger platform? Are there guarantees of continued investment in the original solution?

Price

Skill Dynamics

FEBRUARY 4, 2025

Advanced Negotiation and Contract Management Advanced negotiation techniques are essential for securing better terms for your organization, but can also help develop and maintain strong supplier relationships. Its also vital that you effectively manage supplier contracts to reduce risk and maximize supplier value.

Procurement

Procurement Software

JULY 6, 2025

Even when leadership acknowledges that buyers deliver more than just bottom-line savings, this appreciation rarely shows up in our performance objectives. Or, we’re stuck with multi-year contracts that can’t be easily terminated, and thus the spend is not immediately addressable. Let’s face it: this is frustrating.

Procurement

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. It can open doors to career advancement and leadership roles. Think of it as the gold standard for procurement professionals.

Procurement

Procurement Software

JUNE 8, 2025

Procurement systems handle sensitive supplier information, contract details, and financial data. An AI agent that monitors contract renewal dates and automatically sends reminders. Point solutions for contract management , supplier management, or spend analysis can be implemented quickly and provide immediate value.

Strategy

Jaggaer

FEBRUARY 5, 2025

In the end-to-end source-to-pay (S2P) process, strategic sourcing is the link between spend analytics, category management and contracts management, and is supported by supplier intelligence. We also now break down the negotiation stage into sourcing and final negotiation of contracts. How Has Strategic Sourcing Evolved?

Strategic sourcing

Procurement Insights

JULY 3, 2025

It also began to automate procurement workflows, reducing manual effort for tasks such as RFQs, approvals, and contract execution. The company’s leadership, including the owner or CEO, was frequently involved in calls, underscoring a strong commitment to client partnership. FDA, USDA).

Leadership

Spend Matters

APRIL 30, 2025

Implement clear approval rules: Define automated approval workflows based on invoice value, vendor category and contract terms. AP automation commonly faces these organizational barriers: Lack of ownership and accountability: Without clear leadership, transformation stalls.

Collaboration

Planergy

MAY 8, 2025

As procurement teams mature, theyre no longer just fulfilling orders or controlling spendtheyre enabling growth, mitigating risks, and aligning closely with finance and business leadership. These tools track spending trends, flag anomalies, and provide detailed insights into supplier contracts and risk areas.[6]

Strategy

Procurement Insights

APRIL 4, 2025

contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. 2 Procurement Leaders (World Procurement Congress) Procurement Leaders ranks high due to its strategic focus on procurement leadership and best practices, targeting CPOs and senior executives. Leadership insights from top CPOs.

Supply Chain Efficiency

Future Purchasing

JULY 30, 2025

While foundational expertise in category, supplier, and contract management and sourcing remains important, it is no longer enough on its own. Leadership buy-in: Leadership plays a critical role in setting the tone. The skills required to succeed in procurement are evolving more rapidly than ever before.

Stakeholder engagement

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs.

supply chain budgeting

Procurement Insights

JULY 27, 2025

NEW PRIMARY CLASSIFICATION: SEMANTIC IMPACT TIERS TIER 1: SEMANTIC LEADERS Platforms explicitly designed for cross-stakeholder semantic alignment Semantic Intelligence & Translation ApolloRise (moved from AI Agents) Arkestro (elevated from Sourcing) felix (elevated from S2C) Adaptive Workflow Orchestration AdaptOne (new category leader) tropic (..)

Procurement

Spend Matters

MARCH 6, 2025

AI-enhanced procurement efficiency: From generating content for contracts to summarizing sourcing events to help with executive review and approvals, Raindrop leverages AI to eliminate inefficiencies and improve outcomes. The CPOs perspective For CPOs, adopting a digital front door isnt just about technology; its about leadership.

Supply Chain Efficiency

Procurement Insights

JUNE 6, 2025

Why Failed Initiatives Are Underreported Reputational Risk: Publicly disclosing a failed implementation may harm a company’s brand, investor confidence, or leadership credibility. NDAs & Contracts: Many contracts between clients and vendors include confidentiality clauses that prevent disclosure of project failure.

Real-time Visibility

Procurement Insights

AUGUST 7, 2025

leadership profiles in Fit Scores)” and addresses “Gartner’s and others’ oversight of people-driven technology success” Refined Disagreements: Market Change Pace : Although the theoretical framework is sound, some claimed vendor movements may still be overstated in relation to market reality.

Procurement

Barkers Procurement

JULY 17, 2025

This means strict processes around decisions such as which suppliers to work with and how contracts are managed, as well as checks to ensure everything they do aligns with policies and fair processes. Some relationships can last beyond an initial contract, for as long as eight to ten years, or longer, and these should be leveraged.

Ethics

Supply Chain Game Changer

JUNE 23, 2025

Shifting to sustainable methods often means retraining employees, updating supplier contracts, and reconfiguring entire supply chains—a time-consuming and disruptive process. Continuous education and strong leadership are essential to build a culture of sustainability. Employee engagement and training are crucial.

Supply Chain Efficiency

Procurement Insights

AUGUST 13, 2025

contract value, rising AI offerings like AskGartner), but also recent setbacks : a significant stock price decline (~30% in August), below-analyst outlooks for profit and revenue, and mounting internal/external pressure for renewed innovation and practitioner alignment. Complementary Leadership Profiles Eugene A. revenue growth, $5.0B

Innovation