ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. To continue to optimize procurement processes, implement these lessons in future job orders.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know. So, 2024 … are you ready for it? Coupa and our customers are ready.

Procurement solutions 75

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 75

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

ivalua

MAY 17, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice.

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Spend Matters

JANUARY 5, 2024

Part 4 — Procurement use cases of AI and Generative AI Vendors in focus in Q4 In Q4, Spend Matters published 16 Vendor Analyses as part of our Insider coverage. Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts.

e2e 80

e2e Procurement supply chain software solutions Contract 80

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

Procurement Software

APRIL 23, 2024

You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend. Can you do spend analysis in an Excel spreadsheet? Mithra-Ai Mithra-AI Solutions B.V.

supply chain software solutions 52

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

Arkestro

JUNE 6, 2023

We’ll break them down into two groups: efficiency and ROI. Efficiency Both CFOs and CPOs prioritize efficient spending down to the last dollar. Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase?

Supply Chain Efficiency 52

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

ivalua

MAY 11, 2021

May 3, 2021 /PRNewswire/ — Ivalua, a leading global spend management cloud provider, and PwC, a trusted Ivalua implementation partner, today announced that Arkad S.p.A. Combining the Supplier Management module implementation with the Supplier qualification process re-design, Arkad S.p.A. REDWOOD CITY, Calif., Arkad S.p.A.

Procurement 130

Procurement Supply Chain Efficiency Spend management Suppliers 130

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. She yearned for someone who could bring her cost savings , efficiency , and strategic value.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

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

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. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

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

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. Read his recommendations in eWorld: first dispatch. Read the Ivalua NOW key takeaways here.

Procurement 81

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 81

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.

Procurement 52

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

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Una

JANUARY 1, 2024

Resources to help: How to Improve Procurement Efficiency 5 Essential Technology Solutions for Businesses Tips for Building an Effective Procurement Data Strategy 29 Questions To Ask In A Voice Of Supplier Survey 2. Organizations can combat auto-renewing contracts with IT spend visibility. Second, give Una a call.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

JANUARY 8, 2024

Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan. The value here isn't just held in the initial cost but in the total cost of ownership, environmental impact, and overall efficiency. Process & Operational Efficiency Efficiency is the name of the game.

supply chain budgeting 52

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

Una

AUGUST 31, 2023

As a GPO, Una can promptly and efficiently comb through your spend categories and identify which ones would benefit most from our collection of pre-negotiated contracts. This can help to lower costs and increase efficiency, which can ultimately reduce the risk of financial loss.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Una

JUNE 22, 2023

By managing the procurement process effectively, you can optimize your supply chain, reduce costs, and maintain strong relationships with your suppliers. An advisory approach to procurement Group purchasing organizations (GPOs) work to negotiate contracts with suppliers to secure group buying discounts for their members.

Procurement 52

Procurement Purchasing Procurement strategies Procurement team 52

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. She yearned for someone who could bring her cost savings , efficiency , and strategic value.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. It’s a critical process that can offer an abundance of insights about your company’s spending patterns.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

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. As a result, their tools enable them to do their jobs in a more efficient manner with better results. Apple has him to thank for how sleek and optimised its supply chain is.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. Why is Business Budgeting Important?

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. Rich Ham , CEO of outsourced indirect spend management company Fine Tune , puts it really well. In the best case, this leaves longer-term services contracts to be ignored beyond year 1 other than day-to-day management.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

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

Jaggaer

OCTOBER 22, 2020

Optimizing cost, in the order of a 20-25% reduction on the current situation, is therefore a must in order to survive. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

MARCH 6, 2024

Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. The primary motivation for outsourcing is to increase efficiency (24%) and to gain access to expert skills (18%). It gives them access to specialized skills, cuts costs, and boosts operational efficiency.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Jaggaer

JANUARY 14, 2020

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.

Supply Chain Efficiency 40

Supply Chain Efficiency Raw materials Supply Chain Optimization supply chain budgeting 40

Empowering CPO

JUNE 20, 2023

Definition of Tail Spend and Its Importance in Procurement Tail spend, or non-strategic spend, typically refers to the approximately 20% of a company’s purchases that account for about 80% of its suppliers. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

ivalua

APRIL 5, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap.

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130