Spend Matters

MAY 1, 2025

To ensure automation delivers maximum value, procurement teams must first streamline their processes, enforce governance and standardize purchasing behaviors. Approval workflow bottlenecks: Manual approvals cause delays, increasing cycle times and reducing procurement efficiency.

Real-time Visibility 73

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 73

ivalua

MAY 2, 2025

Now, we turn to a crucial but often overlooked piece of the AI puzzle: Where do these AI agents get their data, and how do you ensure it’s accurate and compliant? Imagine attempting to navigate a complex road network without accurate GPS data. AI agents operate in much the same way.

Procurement 130

Procurement Real-time Visibility Data Contract 130

Spend Matters

JUNE 3, 2025

Without a shared measurement framework, procurements financial impact may go unnoticed, and finance may lack visibility into cost savings, supplier risk and payment efficiencies. ” The following section outlines essential KPIs and performance review mechanisms that drive accountability and enhance financial visibility.

Real-time Visibility 94

Real-time Visibility Sustainability Procurement Procurement strategies 94

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Price 60

Price Purchasing supply chain budgeting Raw materials 60

Spend Matters

MAY 27, 2025

Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration. Without integration, finance teams struggle to track procurement-driven savings, while procurement lacks visibility into financial planning and liquidity management.

Real-time Visibility 77

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 77

Procurement Express

DECEMBER 24, 2024

The way businesses handle purchasing is evolving. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. What is Purchase Order Management? How Does Purchase Order Management Work?

Purchase orders 52

Purchase orders Purchasing Management Real-time Visibility 52

Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 121

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 121

Spend Matters

MAY 13, 2025

Without an integrated process, organizations experience: Long invoice processing times, leading to unpredictable cash outflows. Inadequate cash flow visibility Finance teams often lack real-time insight into procurement expenditures, supplier contracts and upcoming financial obligations, making it difficult to forecast cash flow accurately.

Real-time Visibility 79

Real-time Visibility e2e Procurement Suppliers 79

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth. What is a purchase order?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Purchasing 235

Spend Matters

APRIL 29, 2025

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

Real-time Visibility 89

Real-time Visibility e2e Procurement Management 89

Spend Matters

MAY 19, 2025

Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.

Collaboration 84

Collaboration Procurement Real-time Visibility Budget 84

Spend Matters

JUNE 3, 2025

For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses. Evaluating mitigation options , including: Advanced purchasing or inventory building to front-run tariffs. That is where technology can help.

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Procurement 66

Spend Matters

MAY 20, 2025

It requires a structured approach to ensure financial visibility, risk management and cash flow efficiency. Limited financial visibility: Procurement-driven cost savings are often not integrated into financial planning. Cash flow visibility and forecasting: Are finance and procurement working with the same data?

Collaboration 66

Collaboration Real-time Visibility Procurement Suppliers 66

Procurement Tactics

MAY 22, 2023

The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Improved operations Sharing performance data in real-time among various departments within logistics organizations can enhance operational efficiencies.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

TYA Suite

APRIL 13, 2025

Every business, big or small, relies on purchasing goods and services to keep operations running smoothly. But without a clear system to manage these purchases, things can quickly spiral into A mess delays, overspending, or even errors. What sets a modernPurchase Order Approval Workflowapart is its ability to providereal-time insights.

Purchase orders 40

Purchase orders Purchasing Real-time Visibility Budget 40

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

Procurement Express

MARCH 14, 2025

But keeping track of purchase orders, invoices, and spending can quickly become a headache, especially as your business grows. Instead, it integrates with third-party solutions that enhance your purchasing processes. In this post, we dive into the top purchasing software options. But heres the catch.

Real-time Visibility 52

Real-time Visibility Purchase orders Procurement Budget 52

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. These issues can waste time, increase expenses, and cause frustration for your team. Over time, these small problems add up, making it difficult to grow smoothly. What is the main purpose of the purchasing system?

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data? What role did data play on a day-to-day basis?

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

SCMDOJO

APRIL 11, 2025

In particular, the integration of Shopify CRM, about which you may read here [link] , is turning out to be an important tactic for businesses that aspire to harmonize their supply chain operations with timely customer insight, personalized service, and elastic fulfillment. Check out this course by Vera Rozanova!

Supply Chain Efficiency 76

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 76

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. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. “C” Subscribe Here!

Supply Chain Visibility 105

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 105

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. Better Data One of the biggest advantages of digitising your procurement operations is improved data quality.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Spend Matters

MAY 6, 2025

Streamlining purchasing processes to enhance efficiency and reduce administrative delays. Why alignment matters Strategic alignment between finance and procurement unlocks better financial visibility, stronger risk control and operational efficiency. Ensuring supplier financial health to prevent disruptions in critical supply chains.

Supply Chain Optimization 77

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 77

Spend Matters

JUNE 2, 2025

Tracking performance over time is key to measuring the business value the collaboration is delivers. To align with financial reporting goals, procurement teams should: Improve spend visibility: Validate and accurately report procurement savings to finance. Supplier risk assessments and compliance rates to anticipate financial risks.

Sustainability 66

Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 66

Spend Matters

MARCH 24, 2025

Procurement organizations often encounter challenges such as limited user adoption, increased workload for purchasing teams, fragmented procurement processes and the complexity of integrating multiple ERP systems. These obstacles can lead to inefficiencies, lack of visibility and misaligned procurement strategies.

Procurement solutions 66

Procurement solutions Real-time Visibility Procurement Market analysis 66

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

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

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. Do you have your data cleansed? Not yet anyway!

Procurement 73

Procurement Real-time Visibility Change management Data 73

Procurement Insights

JUNE 3, 2025

Poll Time The following is a poll that was posted in the Global & Purchasing Supply Chain Professionals LinkedIn Group, which has over 164,000 members. Reality: No one invested time in proper training, and category managers are still relying on spreadsheets. It’s not the platformits the discipline behind the data.

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

Spend Matters

APRIL 16, 2025

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 98

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 98

Jaggaer

DECEMBER 5, 2024

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 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. According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017.

Agile and Lean Supply Chain 219

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

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 98

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

Finale Inventory

JANUARY 27, 2025

By connecting scanners directly to QuickBooks, businesses gain instant visibility into their inventory movements, ensuring data flows seamlessly from warehouse shelves to financial records. At the heart of efficient inventory control lies a robust barcode inventory system.

Inventory 52

Inventory Real-time Visibility Management Inventory control 52

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98