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Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time. Blockchain, AI, data

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

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Spend Matters Future 5 2024 – Introducing True ValueHub

Spend Matters

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.

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Aligning Finance and Procurement – Phase 4: Leveraging technology to bridge the Finance–Procurement gap

Spend Matters

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.

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Level up your procurement with AI: From quick wins to game-changing strategy

Spend Matters

From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. These require a bit more effort, such as better data integration and more refined algorithms, but they unlock deeper insights and smarter decision making.

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Risk management solution providers and what their customers really want – Exiger

Spend Matters

“Yes, we’ve seen a clear increase in demand for risk-related technology from our customers, driven by the growing complexity and volume of data they are required to manage. We’re seeing larger RFPs over time asking for greater complexity. Beyond timely delivery, companies need to consider ethical and long-term sustainability issues.

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The AI advantage: Why procurement can’t afford to sit on the sidelines

Spend Matters

Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. With AI, procurement teams can process and analyze vast amounts of data (i.e., big data) in real time, spotting correlations and trends that would otherwise go unnoticed.