Procurement Leaders

OCTOBER 28, 2024

Surely, procurement has evolved to a place where it is driving sustainability as much as it is cost savings, resiliency, quality and – dare I say it – innovation? Surely, total sustainable cost of ownership is the only measure that CPOs are using as a benchmark of true value in 2024? Sadly, it would seem not.

Cost of ownership 130

Cost of ownership Sustainability Innovation Suppliers 130

Spend Matters

MAY 8, 2025

Instead of prioritizing the newest features, procurement leaders must evaluate tools based on how well they address core objectives, such as cost optimization, risk management and operational efficiency. What is the full cost assessment over time?

Procurement 64

Procurement Cost of ownership Stakeholder engagement Contract 64

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. Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs.

Real-time Visibility 130

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

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. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Software

JULY 6, 2025

Think of common indirect categories: IT infrastructure Facilities management Capex for machinery & equipment Property maintenance Fabricated spare parts Promotional goods All of these require skilled negotiation to avoid costs that would otherwise hit the company’s budget.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

SCMDOJO

MARCH 14, 2025

Identify the Lowest Evaluated Bidder / Best Value Proposal Select based on cost and additional benefits. Consider total cost of ownership (TCO) rather than just initial cost. Contract Signing Finalize agreements and establish contract management mechanisms.

Bidding 59

Bidding Contract Contract management Price 59

Skill Dynamics

APRIL 24, 2025

Procurement Academy Understand how tariffs affect supplier negotiations, total cost of ownership, and sourcing strategies. Supply Chain Academy Ensure supply chain agility with training in risk management, scenario planning, and responsive operations.

Strategy 82

Strategy Agile and Lean Supply Chain Cost of ownership Supplier negotiation 82

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. But the truth is, when these two functions join forces, the results can be game-changing: lower costs, faster responses, and a more resilient operation overall.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Jaggaer

FEBRUARY 5, 2025

They instantly compare bids based on predefined criteria, such as the lowest bid, pricing tiers, or total cost of ownership, and rank the suppliers accordingly. Contract management systems often play a role in this stage by helping to standardize and streamline the creation of contracts based on the awarded terms.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Supply Chain Game Changer

JUNE 25, 2025

End-to-End Supply Chain Software Enables COOs to Manage an Organization vs. Silos Until recently, point solutions were the go-to tools for organizations. In one role I had, I was a supplier managing the reverse logistics and repairs of a global cellphone OEM – hundreds of thousands per month. Today it’s a different story.

supply chain software solutions 94

supply chain software solutions Supply Chain Optimization Supply chain e2e 94

Procurement Software

MAY 18, 2025

Affordable Everyday Technology for Enhanced Efficiency Beyond AI assistants, several affordable tools can transform how small procurement teams operate: Project Management Applications Tools like Trello , Asana , Monday.com , and ClickUp offer free or low-cost options. Consider total cost of ownership.

Procurement 52

Procurement Contract Cost of ownership Budget 52

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. We need to rewrite these systems and introduce new taxonomies to manage hyper-variability. And insight is what we got, in spades. And for a number of reasons.

Demand 52

Demand Logistics Real-time Visibility Procurement 52

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. Your focus here is to get security of service at a good price. Finally, in the bottom left we have basic suppliers, or your tail spend.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Arkestro

NOVEMBER 12, 2024

Businesses must now navigate sustainability, risk management, and total cost of ownership (TCO)—which now are shifting more spend into the “defer” or “ignore” buckets. While this approach has been effective for managing large portfolios, it creates blind spots. However, this convenience comes with a downside.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

TYA Suite

MAY 13, 2025

Instead, it involves smart planning, better supplier management, and improving the way are made. Why is Cost Reduction necessary in Procurement? Total Cost of Ownership (TCO) Approach What it is: Instead of just focusing on the purchase price, consider all associated costs like maintenance, transportation, and disposal.

Strategy 40

Strategy Import Procurement Raw materials 40

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Risk management collaboration involves working together to identify and mitigate potential risks in the supply chain. has an important role to play.

supply chain software solutions 40

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 40

TYA Suite

JUNE 2, 2025

It follows defined steps to reduce waste, control costs, avoid delays, and ensure quality. Whether it's a small company buying in bulk or a large enterprise managing hundreds of suppliers, an efficient purchase process can directly impact cash flow, compliance, and profitability. What is the purchasing process?

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Supply Chain Game Changer

FEBRUARY 5, 2025

Order management systems, warehouse management systems, transportation management systems, and more have become essential tools for managing modern supply chains. Outsourcing logistics allows companies to leverage these advanced systems and data analytics capabilities without the high costs of ownership.

Logistics 52

Logistics Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 52

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 normally now refer to the first step as spend management and we use spend analytics technology to aggregate and explore spend data.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. It involves long-term planning, vendor relationship management, and aligning procurement decisions with institutional goals. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Dashboards and integrated analytics help identify bottlenecks, reduce costs, and make it easier to flag issues early. What's PLANERGY?

Strategy 52

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

SCMDOJO

APRIL 11, 2025

Control Costs: Track value beyond just the purchase price and manage inventory effectively. Struggling with the true cost of ownership or serving your customers? It’s a key indicator of inventory management efficiency and working capital health. Want to know which Supply Chain KPIs you should be tracking?

Supply Chain KPIs 72

Supply Chain KPIs Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions 72

Jaggaer

APRIL 9, 2025

Seamless integration with ERP and supply chain systems: MES synchronizes manufacturing operations with business planning, inventory management, and customer demand. ERP focuses on creating and managing work schedules, including production, material usage, delivery and shipment, and gathering information about the business.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Spend Matters

APRIL 24, 2025

Traditionally, procurement teams focused on Total Cost of Ownership (TCO), aiming to reduce direct expenses related to goods and services. However, a broader perspective Total Value of Ownership (TVO) considers additional benefits such as risk mitigation, supplier innovation and operational efficiency.

Procurement 77

Procurement Procurement team Suppliers Sourcing 77

Procurement Insights

JUNE 18, 2025

Implementation Risk Reduction Traditional Approaches: High failure rates due to capability-readiness misalignment Consultants often recommend “best-in-class” without considering organizational fit Hansen Fit Score: Reduces implementation risk by ensuring solutions match organizational capability Provides a clear upgrade path as organizations (..)

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Supply Chain Efficiency Data 52

Jaggaer

JANUARY 23, 2025

Now is the time to invest in advanced technologies to conduct risk assessments, devise strategies to avoid, manage or mitigate risk, and stay on top of things. How to manage an uncertain future So, how should European manufacturers plan to thrive in this new environment?

Export 52

Export Supply Chain Efficiency Raw materials supply chain budgeting 52

Positive Purchasing

APRIL 3, 2025

Consider: What are the areas of supply that we can switch onshore or otherwise to avoid tariff impact easily, where there is market capacity and we can secure comparable, or minimal additional total cost of ownership? Its time for hard and fast Category Management with rapid implementation of new category strategies to drive change.

Negotiation 52

Negotiation Procurement supply chain budgeting Price 52

Supply Chain Game Changer

JULY 16, 2025

For those looking to optimize customer relationships, Customer Relationship Management (CRM) Automation tools can automate communications and manage leads and sales pipelines efficiently.

supply chain software solutions 64

supply chain software solutions Supply Chain Efficiency Cost of ownership Supply Chain Optimization 64

Supply Chain Brain

JUNE 23, 2025

Fleet managers can maintain similar route planning, scheduling and driver management as with diesel operations. New production methods and economies of scale are driving down fuel costs. While total cost of ownership today typically requires incentives to reach parity with diesel, the gap is narrowing annually.

Supply Chain Optimization 91

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Real-time Visibility 91

Supply Chain Game Changer

JULY 9, 2025

Rising Gig Economy: Morе profеssionals prеfеr contract-basеd rolеs ovеr traditional еmploymеnt, making EOR sеrvicеs crucial in managing divеrsе workforcе structurеs. Howеvеr, thеy sееk cost-еffеctivе and risk-mitigatеd еmploymеnt solutions. 24/5 Human Support: Dеdicatеd account managers еnsurе a hasslе-frее global hiring еxpеriеncе.

Cost of ownership 90

Cost of ownership Risk Contract Supply chain 90

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. What is the current nature of these Total Cost of Ownership models, and what needs to change to make their use more robust and responsive? What is a Total Cost of Ownership Model?

Cost of ownership 105

Cost of ownership Procurement Supply Chain Optimization Price 105

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

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

Supply Chain Brain

OCTOBER 30, 2019

Companies managing global supply chains need to go well beyond what they pay their suppliers to calculate the true cost of ownership.

Cost of ownership 63

Cost of ownership Supply chain Suppliers Management 63

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Pipefy

MAY 22, 2024

A brief introduction to total cost of ownership (TCO) Total cost of ownership refers to all of the expenses that are incurred when purchasing, implementing, deploying, maintaining, and using a product, tool, or equipment. This also includes any time costs associated with downtime, training, or other productivity losses.

Cost of ownership 52

Cost of ownership Purchasing supply chain software solutions Supply Chain Optimization 52

ivalua

JULY 15, 2015

Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined. Are you evolving with the times?

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 147

Procurement Tactics

SEPTEMBER 7, 2022

Pollution and waste management. Environmental resource management. Water and marine resources management. The total cost of ownership. Life cycle costing. Organizations can also be saved from the economic costs of disruptions in sustainable procurement such as noncompliance with environmental organizations.

Sustainability 163

Sustainability Procurement Cost of ownership Supply Chain Efficiency 163