Remove Data Remove Strategic sourcing Remove Supply Chain Visibility
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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., AI is not the future of procurement; its the present.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

That’s why many organizations are undergoing procurement transformation , and shifting from manual, siloed processes to connected, data-driven strategies. This evolution reflects procurement’s growing role as a strategic business partner. Advanced AI capabilities and analytics dashboards help you make informed, data-driven decisions.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Key Takeaways Procurement and supply chain management serve different functions, but when misaligned, they create costly inefficiencies and delays. Lack of shared data, visibility, and KPIs leads to disconnects, including poor supplier performance tracking and missed savings.

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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing. Ready to digitally transform your business?

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

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.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. An all-in-one platform enables open supplier communication in a trust-based, collaborative environment that boosts quality and lowers costs.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. 5 Procurement Increasing Its Focus on and Use of Data.