ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264

SCMDOJO

FEBRUARY 15, 2025

Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows. Enhance visibility across the supply chain through structured reports.

Project management 84

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 84

Spend Matters

APRIL 15, 2025

Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers. It is not only reducing spending on spare parts and improving inventory management, it is helping manufacturers create digital twins of their machinery to anticipate breakdowns before they happen.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Spend Matters

MAY 13, 2025

Its increasingly evident: GenAI is no longer a future concept; its already reshaping operations in real time. Traditional procurement teams continue to grapple with familiar, persistent challenges, such as manual data entry, siloed systems, outdated tools and limited visibility into spend categories or supplier performance.

Real-time Visibility 68

Real-time Visibility Procurement Procurement team Strategic sourcing 68

Spend Matters

APRIL 30, 2025

With better visibility and stakeholder alignment, procurement can manage requests more efficiently, reducing risk and boosting resilience. From there, workflows adapt in real time. Supplier onboarding cycle times often exceeded 20 days, and data stewards spent weeks on research per request. AI suggests actions.

Suppliers 82

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 82

Spend Matters

MARCH 25, 2024

Having led multiple projects to select and deploy technologies and worked both as a practitioner and a consultant, he knows the amount of time and effort procurement puts into finding a practical solution to help them run more efficiently, and that spurred his move to form iKinetiq.

Procurement contracts 127

Procurement contracts Contract Procurement Negotiation 127

TYA Suite

JANUARY 27, 2025

Managing contracts efficiently can be a daunting task without the right tools, leading to missed deadlines, contract expirations, and financial losses. Provides real-time visibility into procurement activities, ensuring transparency and accountability. This is where , comes into play.

Contract 40

Contract Real-time Visibility Contract management Management 40

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this.

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 61

Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Core strengths Authentic, needs-driven foundation – “Built from the ground up to address real-world challenges, Halo Ai is designed to meet the complex needs of modern third-party risk management.

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

Spend Matters

APRIL 16, 2025

All of the phases are peppered with real-world case studies from the people who have been in your shoes; so you dont have to step into the same holes theyve already avoided! The guide is an invaluable tool for anyone thinking about starting or actively undergoing a digitally-enabled procurement transformation.

Procurement 102

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 102

IBM Supply Chain Blog

OCTOBER 13, 2023

In IDC’s 2022 Global Supply Chain Survey , they identified that “lack of visibility and resiliency to see necessary changes in time to react effectively” was the most problematic and unaddressed deficiency in modern supply chain management and inventory optimization.

Real-time Visibility 67

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency Inventory 67

Pipefy

APRIL 22, 2025

If youre in procurement or supply chain, chances are youve wondered: How can I rethink this process, make smarter decisions, and still save time? Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments. Procurement automation.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Planergy

MAY 8, 2025

How to gain visibility and control of your indirect spend. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] How to report and analyze indirect spend to identify savings opportunities.

Strategy 52

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

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Spend Matters

JUNE 19, 2023

In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms. What does a contract lifecycle management solution do? Top 5 Contract Lifecycle Management tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 104

Contract Management Negotiation Real-time Visibility 104

Supply Chain Game Changer

SEPTEMBER 5, 2022

Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Procurement Tactics

MAY 16, 2023

In a 4PL model, the external provider (also known as the lead logistics provider or LLP) manages and coordinates all aspects of the supply chain , including transportation, warehousing, inventory management, and distribution. This includes checking for new logistics providers, renegotiating contracts, or implementing new software.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. This makes it easier to track spending patterns, supplier performance, ESG data, and contract compliance.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Jaggaer

MARCH 7, 2025

The UAE, a leader in government digitalization, continues to set new benchmarks by integrating AI-powered procurement solutions that streamline sourcing, supplier management, and contract execution. Improve Supplier Collaboration Digital platforms facilitate smoother interactions, from onboarding to contract execution.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Spend Matters

FEBRUARY 25, 2025

Time and resources can also be a stopping point. Add to that lack of water-tight contracts, badly negotiated terms, money leakage, non-compliance Yet at the end of the day, its the business that has the most to gain: getting rid of inefficient manual data processes and paper-based comms trails, gaining visibility and reducing risk.

Real-time Visibility 116

Real-time Visibility e2e Procurement Negotiation 116

Jaggaer

OCTOBER 24, 2024

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 brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

JUNE 6, 2024

So, how much supply chain visibility is “too much visibility” in relation to what happens at some unseen point down the chain? ” When does your visibility and corresponding responsibility start, and at what point does it end?

e2e 65

e2e Supply Chain Visibility Real-time Visibility Supply chain 65

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. For the longest time, leading Procurement technology providers in my experience just ignored this space.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Pipefy

APRIL 10, 2025

But times have changed, and these systems come with their fair share of friction: Rigid setups Need to change one part of a workflow? Real example : Think about your investment approval process. If your finance team is still buried in spreadsheets or slowed down by old-school software, it might be time to imagine a better way forward.

Real-time Visibility 59

Real-time Visibility Risk Contract Management 59

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Organizations leveraging digital solutions for S2P gain real-time insights into spending patterns, enabling smarter decision-making.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Insights

MARCH 23, 2025

“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. Real-time data and AI (e.g.,

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

Procurement Insights

APRIL 12, 2025

ProcureTech Solution Providers and Agentic AI Stances Agentic AI in procurement involves AI agents handling tasks like sourcing, contract management, and supplier coordination with minimal human oversight, often integrated into platforms like SAP or Coupa. supplier analysis, spend optimization), automating workflows like order approvals.

Real-time Visibility 52

Real-time Visibility Ethics Contract Suppliers 52

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Point-of-use data capture. Total Cost of Ownership, ERP appears to be cheaper, but is it?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. Real-time tracking and reporting capabilities allow organizations to monitor the status of purchase orders, deliveries, and payments.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

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 64

Procurement Supply Chain Optimization Leadership Real-time Visibility 64

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Her first piece of advice would be: Dont. Not yet anyway!

Procurement 76

Procurement Real-time Visibility Change management Data 76

Una

AUGUST 17, 2022

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Even with the help of procurement tech, it takes time and resources to bring an unruly tail spend under control.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

SCMDOJO

APRIL 15, 2025

Legal and compliance risks: Breach of contract, regulatory violations, or labor law issues. IoT (Internet of Things) enables real-time tracking of goods, equipment health, and environmental conditions. Blockchain ensures transparent, tamper-proof records of transactions and shipments, thereby reducing fraud and errors.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 70