Procurement Templates

NOVEMBER 21, 2024

SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g.,

Agile and Lean Supply Chain 130

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

Supply Chain Brain

MAY 31, 2021

For all businesses, success involves continually delight ing customers while keeping costs optimized and profitable. But in today’s omnichannel world of next-day delivery and micro warehousing, the path to success is a lot easier said than done.

Cost optimization 122

Cost optimization 122

Supply Chain Brain

FEBRUARY 2, 2025

AI-empowered tools, complementary to WMS, exist today that add orchestration, leading to increased efficiencies, reduced costs, optimized inventory and enhanced customer satisfaction.

Warehouse operations 103

Warehouse operations Cost optimization Inventory 103

Supply Chain Brain

FEBRUARY 28, 2021

Automating accounts payable and procure-to-pay (P2P) processes can help cut costs, optimize cash flow and provide real-time visibility into outstanding payables or potential disruptions.

Real-time Visibility 106

Real-time Visibility Cost optimization Procurement 106

Spend Matters

FEBRUARY 5, 2025

For example, recent research from The Hackett Group showed that Digital World Class procurement organizations: Deliver superior business outcomes, with procurement return on investment being 2.5

Procurement 109

Procurement Change management Strategy supply chain budgeting 109

ivalua

JANUARY 13, 2021

– Cost optimization which comes from two sources: first, the savings that are captured from purchasing through preferred suppliers and compliant channels, and second the lower cost of a more efficient purchasing process.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

SCMDOJO

FEBRUARY 16, 2025

Keelvar Keelvar specializes in autonomous procurement and supplier negotiations, making sourcing more efficient and cost-effective. Automates bidding processes and cost optimization. Helps businesses drive cost savings and mitigate procurement risks. Analyzes supplier performance, market trends, and contract terms.

Supply Chain Efficiency 71

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 71

SCMDOJO

FEBRUARY 26, 2025

indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies. Logistics and Freight Cost Optimization CPI can help measure transportation cost efficiency, ensuring that freight and shipping expenses remain within the planned budget. A CPI of 0.83

supply chain budgeting 52

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

SCMDOJO

FEBRUARY 21, 2025

Heres how: Diversifying the Supplier Base to Reduce Dependency Risks Implementing Risk Assessment & Contingency Planning Balancing Cost Optimization with Resilience Strengthening Supplier Relationships & Collaboration Leveraging Technology & Data-Driven Procurement What Are the Benefits of Refining Your Procurement Strategy?

Supply Chain Optimization 58

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 58

SCMDOJO

JANUARY 29, 2025

Benefits of Supply Chain Reports By analyzing this data, businesses can gain a deeper understanding of their supply chain’s strengths and weaknesses, identify areas for improvement, and make informed decisions that can: Reduce Costs: Optimize inventory levels, negotiate better prices with suppliers, and streamline logistics operations.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Spend Matters

SEPTEMBER 25, 2024

NPI is a longstanding and market-leading IT spend optimization service provider with experts providing services in five practice areas, such as licensing and cost optimization consulting. That can amount to a significant expenditure for mid-size and large companies, underscoring the importance of effective management tools.

Vendor relationships 116

Vendor relationships Buyers Market analysis Cost optimization 116

Procurement Leaders

DECEMBER 9, 2022

These partnerships are key whether we are talking about security of supply, supplier innovation for growth or supplier collaboration for cost optimization or delivering on our sustainability ambition. What new capabilities are you looking to develop in your team to help you navigate this period of volatility?

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

Spend Matters

JANUARY 16, 2024

Spend analytics: Illuminating the path forward In pursuit of cost optimization, spend analytics offers CPOs a panoramic view of their organization’s purchasing activities. Beyond simple cost breakdowns, these tools delve into data, revealing patterns and trends that empower leaders to make more informed, proactive decisions.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

DECEMBER 20, 2023

To customers — CloudEagle is built for mid- and enterprise-level organizations and offers both cost optimization and actionable insights around SaaS applications in-platform (i.e., Here’s why CloudEagle Matters: To the market — CloudEagle offers SaaS application tracking and management aimed at reducing a customer’s SaaS spend.

Management 102

Management Market analysis Cost optimization Buyers 102

SCMDOJO

AUGUST 28, 2024

Reduced Costs: Optimized warehousing practices minimize storage costs, optimize inventory levels, and streamline picking and packing processes, leading to significant cost savings. This leads to higher customer satisfaction and loyalty.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

ivalua

APRIL 2, 2019

We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

ivalua

NOVEMBER 30, 2022

The flexibility of Ivalua’s platform allowed us to evolve with the organization’s needs, which accelerated adoption and generated further efficiencies and cost optimization.” ” “Ivalua is proud to once again be recognized by Gartner as a Leader in Procure-to-Pay,” said David Khuat-Duy, Founder and CEO of Ivalua.

Procurement 130

Procurement Spend management Cost optimization Sustainability 130

IBM Supply Chain Blog

OCTOBER 3, 2023

Together, IBM Instana and IBM Turbonomic provide real-time observability and control that everyone and anyone can use, with hybrid cloud resource and cost optimization so you can safely automate to unlock elasticity without compromising performance. It’s time for IT to go from reactive to proactive and preventative.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

SCMDOJO

DECEMBER 14, 2023

Services offered by Dante: Supply Chain Management Consulting: Dante specializes in offering strategic guidance in supply chain management, ensuring efficiency through demand planning, critical path analysis, and cost optimization for businesses.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Procurement Insights

APRIL 6, 2025

No hard numbers exist, but industry focus on cost optimization post-recession supports this. Attendance likely rose to 1,0002,000 per major event, driven by technology (e.g., ERP systems) and supply chain visibility needs. 20162019: Pre-Pandemic Peak Digital transformation (e.g., 2,000+ by 2022).

Procurement 52

Procurement Supply Chain Optimization Supply chain Supply Chain Visibility 52

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Poland-based Procurence is one such provider.

Market analysis 97

Market analysis Procurement Quality management Supply Chain Optimization 97

Procurement Insights

APRIL 5, 2025

Rank Provider Top Reason Reasoning 1 Zycus AI-driven cost transparency Merlin AI Suites autonomous negotiation and $28M savings potential stand out for should-cost. 2 GEP Comprehensive cost modeling GEP SMARTs AI analytics and Fortune 500 adoption make it a should-cost leader.

supply chain software solutions 52

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

Let's Talk Supply Chain

FEBRUARY 12, 2025

Implementing Cost Optimization Strategies: Conducting a thorough cost analysis to identify areas for efficiency improvements and enduring cost reduction initiatives.

Raw materials 52

Raw materials Supply Chain Optimization Supply Chain Efficiency Supply chain 52

Let's Talk Supply Chain

FEBRUARY 25, 2025

Strategic Planning: A forward-thinking approach to supply chain management, including forecasting, risk management, and cost optimization, is crucial for long-term success. Effective Communication: Clear and concise communication is essential for aligning team efforts and ensuring smooth coordination across all supply chain functions.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Ethics 52

Supply Chain Brain

JULY 31, 2024

For all but the 3-4 largest retailers in the US, packing cost-optimally has been an elusive goal with a few available solutions.

Cost optimization 52

Cost optimization 52

Jaggaer

MARCH 6, 2025

Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization. Advanced analytics capabilities transform this data into actionable insights by: Predictive Insights: Identifying future procurement risks and opportunities.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

ivalua

APRIL 2, 2019

We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Tactics

JULY 4, 2023

By using this should-cost model template, businesses can analyze the cost breakdown of their product, understand the contribution of each raw material, track changes in costs over time, and identify areas for cost optimization and negotiation with suppliers.

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Arkestro

JANUARY 4, 2023

Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added. As procurement teams begin 2023, they must plan for resilience, speed, cost optimization, sustainability, and clarity.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

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. Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Insights

APRIL 8, 2025

GEPs cost optimization, Web ID: 18) that assume predictable inputs. Hansens DND platform (Web ID: 14) adapted in real timee.g., rerouting shipments based on UPS delayswithout predefined rules. Equation-Based Intake/Orchestration: Relies on fixed equations or AI models (e.g., If tariffs spike or a climate event disrupts supply (e.g.,

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 81

IBM Supply Chain Blog

FEBRUARY 19, 2024

Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses. Therefore, adopting a holistic approach that prioritizes data-driven business transformation helps optimize value extraction. billion, and experts project it to reach USD 14.4

Data 63

Data Cost optimization Sourcing Risk 63

Procurement Software

JANUARY 26, 2025

This shift elevates procurement from a reactive cost centre to a proactive driver of both cost optimization as well as sales enablement. Visibility and Transparency Heightened demands for supply chain visibility propel investments in technologies that enhance transparency across procurement processes.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Jaggaer

OCTOBER 24, 2024

This is often tricky, but here are some broader categories to target: Cost optimization : On the surface, your efforts might not appear to be the cheapest. However, establishing supply continuity, improving the customer experience, and minimizing risk across multiple supplier tiers can pay untold dividends.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Jaggaer

OCTOBER 24, 2024

As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business. From basic cost optimization to leveraging technology, we’ve laid out our six best practices for building and maintaining collaborative supplier relationships.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

Spend Matters

JUNE 6, 2024

Our customers have rapidly adopted intake and orchestration because it provides higher levels of spend visibility across the entire purchasing process, powering data-driven decision making and cost optimizations.

Procurement 110

Procurement Influencing Contract Cost optimization 110

IBM Supply Chain Blog

JUNE 11, 2024

The growing need for cloud cost optimization : Cost optimization is essential when exiting VMware because it helps manage and reduce the initial and ongoing expenses associated with migration, ensures efficient use of resources in the new environment, and maximizes the return on investment.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66