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Data Procurement supply chain budgeting 
ivalua
JUNE 12, 2025
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
ivalua
MAY 29, 2025
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
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Procurement Templates
NOVEMBER 21, 2024
SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g.,
Procurement Templates
DECEMBER 11, 2024
It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing.
130 
ivalua
MAY 30, 2025
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. They can learn and improve over time, as they collect new data and feedback.
130 
ivalua
MAY 30, 2025
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. They can learn and improve over time, as they collect new data and feedback.
130 
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. This blog explores the most common challenges in digital procurement and the capabilities that matter most.
SCMDOJO
DECEMBER 29, 2024
In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
ivalua
JUNE 5, 2025
Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. Procurement vs. Purchasing: What’s the Difference? What is Procurement?
130 
ivalua
JUNE 9, 2025
In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.
130 
Spend Matters
MAY 27, 2025
Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. This series shapes a five-phase approach to aligning finance and procurement. Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration.
SCMDOJO
OCTOBER 30, 2024
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain.
SCMDOJO
DECEMBER 29, 2024
Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.
Skill Dynamics
JANUARY 7, 2025
Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.
Spend Matters
MAY 1, 2025
We continue our Procurement Transformation Guide with a look at implementing an e-procurement transformation. Procurement has moved beyond a transactional function. It is now a strategic enabler of operational efficiency, cost savings and supplier innovation.
Spend Matters
FEBRUARY 13, 2025
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,
97 
Procurement Insights
JUNE 7, 2025
Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supply chain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.
Procurement Tactics
MARCH 16, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.
238 
Procurement Tactics
JUNE 5, 2023
51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! In this article, we will define what the global supply chain is. We will discuss why it is important and the benefits you can gain from the global supply chain. Additionally, we will tell you some tips on how to improve your global supply chain.
SCMDOJO
FEBRUARY 16, 2025
From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception.
ivalua
FEBRUARY 25, 2021
ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.
Procurement Insights
APRIL 15, 2025
The focus remains on clean datas role in overcoming ProcureTechs 50-70% failure rate, ensuring adoption, and driving CAGR. The focus remains on clean datas role in overcoming ProcureTechs 50-70% failure rate, ensuring adoption, and driving CAGR. Otherwise, formerly clean data will revert to its prior state of inaccuracy.
78 
SCMDOJO
MAY 23, 2025
It is easy to address supply chain management from a strict numbers mindset. Getting things where they need to go, on time and on budget, is the goal. Enter supply chain safety. Although supply chain safety doesn’t get talked about a lot, it is a key component in protecting workers and maintaining compliance.
ivalua
JUNE 14, 2023
Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation.
239 
Procurement Tactics
AUGUST 25, 2022
33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .
231 
ivalua
JUNE 26, 2023
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Spend Matters
APRIL 15, 2025
As weve said: People, Process and Technology are the pillars of procurement transformation. So a large part of accelerating your procurement transformation process lies in strengthening roles and responsibilities. In procurement, these MVPs are the professionals driving smarter and more sustainable purchasing decisions.
93 
Procurement Tactics
MAY 8, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR?
Spend Matters
FEBRUARY 5, 2025
Procurement has evolved from a back-office function to a strategic driver of innovation and value. Building the foundation : where to start; how to build a digital roadmap; the critical role of data; identifying quick and long-term wins; how to make the case for digital.
109 
Spend Matters
JUNE 2, 2025
Following on from Phase 4 Leveraging technology to bridge the Finance-Procurement gap of our In-Depth Guide to aligning finance and procurement, Phase 5 looks at how to measure and sustain that success. Compare actual procurement costs against financial forecasts to improve budget accuracy.
Spend Matters
MARCH 25, 2025
Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.
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. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.
SCMDOJO
APRIL 11, 2025
Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.
Procurement Insights
JANUARY 3, 2025
It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Key metrics were tied to cost reduction and spend under management.
SCMDOJO
JUNE 11, 2025
The company’s success, along with the quality of its products and a good team, depends heavily on effective supply chain management. In this context, MacBooks are increasingly becoming the backbone of supply chain teams. Mac in Team Supply Chain Collaboration.
SCMDOJO
MAY 23, 2025
In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data.
59 
Supply Chain Game Changer
JUNE 5, 2025
Subscribe The Complexity of the Lego Supply Chain! Supply chains in the energy sector are among the most complex and capital-intensive in the world. Each of these actors introduces interdependencies, legal considerations, and transaction costs. It’s about capital flow, asset risk, and regulatory layering.
Procurement Tactics
JANUARY 8, 2023
33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is.
207 
Spend Matters
JUNE 2, 2025
Table 1 shows key CFO priorities and how procurement can help meet them. By using data, automation and better processes, procurement can improve financial reporting, cut costs, support budgeting and manage risks. The table includes key actions for procurement and simple KPIs to track progress.
64 
Spend Matters
APRIL 15, 2025
Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. In short, AI is making manufacturing procurement faster, smarter and more resilient than ever.
Procurement Templates
AUGUST 28, 2024
The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies.
SCMDOJO
APRIL 15, 2025
Consider this your business suddenly faces a major supply chain disruption. But the truth is, a fragile supply chain can make or break your companys success in today’s world. But the truth is, a fragile supply chain can make or break your companys success in today’s world.
Procurement Tactics
JUNE 28, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.
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