Procurement Tactics

DECEMBER 7, 2022

To simplify, it refers to monetary transactions between trading partners for purchasing, manufacturing, and selling goods and services. . After all, in traditional ways, buyers tend to delay payment while sellers demand to be paid as soon as possible. . Supply chain finance fosters collaboration between buyers and sellers.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Pipefy

APRIL 22, 2025

In simple terms, it spans the entire process from identifying a purchasing need to final payment. S2P identifies the purchasing need up to the payment to the supplier. AI also helps forecast demand, identify spending patterns, and even flag chances to renegotiate. It shifts your team from task-driven to strategy-focused.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

ivalua

OCTOBER 29, 2019

It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Government agencies have to facilitate transparency and openness while never losing sight of why that visibility is needed.

e2e 113

e2e Procurement Bidding Contract 113

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. They’re also ramping up usage in contract management.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. They’re also ramping up usage in contract management.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Spend Matters

APRIL 5, 2023

The influx of business reliance on SaaS applications has caused these systems to be a headache for many companies, and, according to McKinsey, the demand for these applications has created a global market of $3 trillion that has attracted numerous solutions. Having so many options is not always a good thing, though.

e2e 98

e2e Management Buyers Contract 98

SCMDOJO

MAY 23, 2025

By embedding analytics across logistics, sourcing, and fulfillment, businesses gain the visibility and foresight needed to stay competitive.Analytics-driven leadership is no longer a luxury; it’s the foundation of operational survival in todays volatile business environment. Analytics allows organizations to move beyond intuition.

Leadership 53

Leadership Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 53

Procurement Tactics

JUNE 28, 2023

Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. Delivery and Logistics The status of goods and services purchased, such as their delivery timelines, transportation times, or receipt is monitored. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Tactics

JULY 20, 2023

This includes tasks such as creating purchase orders, managing inventory levels, tracking shipments, and reconciling invoices. Supplier order management software, also known as “ purchase order management software” is a digital solution designed to simplify and optimize the supplier order management process.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

ivalua

JANUARY 27, 2021

3 Top Digital Transformation Blockers: Although 86% of AP professionals served by Hackett Group say digital transformation of the Purchase-to-Pay (P2P) process is of “critical” or “major” importance, few have been successful in making it happen. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs.

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

Supply Chain Collaborator

MARCH 16, 2020

For some shippers it is collapsing demand and leaving unprecedented idle capacity. A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers is sending freight rates surging and forcing buyers to seek out space on smaller tankers after the largest ones have been booked out, shipping sources said.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Supply Chain Opz

MARCH 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. Skill gaps will continue to be a challenge for companies.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. Do you have questions about group purchasing? Wondering how a group purchasing organization works to save you money, time, and effort? Get in Touch.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. The ability to make these sourcing decisions in real-time can help increase profits during peak demand periods and better meet customer expectations.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

TYA Suite

MAY 13, 2025

Production slows down, orders get delayed, and customer satisfaction dropsall because someone missed a routine purchase. Operational procurement refers to the process of purchasing the everyday goods and services a business needs to function. Imagine a company that suddenly runs out of packaging materials.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

Finale Inventory

JULY 9, 2024

Creating a purchase order is a vital step in managing inventory for your ecommerce business. A purchase order serves as a legally binding document between you and your suppliers, specifying the details of the items you need to purchase. With the help of the Finale Inventory software, this process becomes seamless and efficient.

Purchase orders 52

Purchase orders Purchasing Inventory Real-time Visibility 52

TYA Suite

MAY 3, 2025

of their annual revenue simply because their in accounts payableremains stuck approving invoices by email, chasing down signatures, or reconciling mismatched purchase orders. P2P, or Procure-to-Pay, is the process businesses use to purchase goods and services and complete payments. Its about fixing the basics.

Purchase orders 40

Purchase orders e2e Raw materials Real-time Visibility 40

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Spend Matters

DECEMBER 21, 2023

We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

IBM Supply Chain Blog

JUNE 30, 2023

3 steps to building healthcare supply chain resiliency Step 1: Improve visibility and proactivity Hospital systems work with multiple fragmented teams, technologies and processes to manage daily operations, leading to a pervasive lack of data visibility. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

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

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. Get Visibility For All Stakeholders. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 136

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 136

Supply Chain Game Changer

MARCH 16, 2021

Actual channel demand would in turn trigger subsequent replenishment orders. With a new vision in mind the CIO gathered a few members of his team and within a few days created a model for a new, smart supply-demand ecosystem. In short he designed software to be installed in the coffee maker that the actual end consumer uses.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. emergency purchases and b.) those purchases which do not have a significant impact on operational continuity or the bottom line.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

TYA Suite

MAY 23, 2025

As businesses face increasing pressure to improve operations, control expenses, and stay ahead of market demands, the need for improved supplier relationships has never been more important. It involves sharing real-time data, such as inventory levels, production schedules, and demand forecasts, to streamline processes.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

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. Contract rebalancing to shift tariff liability.

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Supply Chain Game Changer

NOVEMBER 9, 2021

Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions. Rubber Supply and Demand. They expect that when they want tires, for instance, tires will appear on demand. Conclusion.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done. 52.14] The future for Altana.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Procurement Insights

MAY 21, 2025

Ecosystem Orchestration: Agents align procurement with finance, logistics, and suppliers, ensuring end-to-end process coherence. Agility in Volatility: Real-time adjustments to demand spikes, supply shortages, or ESG regulations ensure continuity. Shell, BP) Why: Geopolitical risks, ESG mandates, and infrastructure demands.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

IBM Supply Chain Blog

MAY 18, 2023

When it’s time to configure new cloud networks and connect applications, our approach is designed to turn weeks into hours and move from manual to automated processes, with robust visibility into performance and minimized risk of IAM misconfigurations. This is done by streamlining telemetry, root cause analysis and reconfiguration.

Networking 73

Networking e2e Management Demand 73

Spend Matters

JUNE 24, 2024

Yet buyers agonize over purchasing a car — with good reason. What are you hoping to achieve with this purchase, and what essential components will deliver this result? Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation?

e2e 98

e2e Contract Sourcing Buyers 98

Spend Matters

SEPTEMBER 14, 2023

Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities? What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain. Yes, there has undoubtedly been a shift.

Procurement 117

Procurement Supply Chain Efficiency Category management e2e 117

Supply Chain Game Changer

SEPTEMBER 5, 2022

The creation of NFTs, or Non-Fungible Tokens , involves the purchase, ownership, sale and trading of digital assets. The Digital Supply Chain involves the application of a large variety of technologies built on a backbone of real time electronic connectivity and visibility of every aspect of the entire end to end Supply Chain.

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Real-time Visibility e2e 92

Spend Matters

OCTOBER 4, 2023

The power of supplier diversity in procurement: Driving business success through inclusion — Whether they are carrying out their own CSR strategy or responding to third-party initiatives and demands, businesses have their role to play in encouraging greater diversity among their suppliers.

Procurement 113

Procurement e2e Contract Sourcing 113

Supply Chain Game Changer

APRIL 21, 2020

So much time is spent in data entry, spreadsheet creation and manipulation, chart creation, purchase order changes, labelling, reporting and more that is wasteful. You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. There are no cashiers.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

Spend Matters

AUGUST 31, 2023

The demands of the business aren’t changing anytime soon and, based on trends, likely neither are the size of teams. These adjustments come in the form of license rightsizing, app consolidation at renewal and decisions about which new apps should be purchased. How is this problem solved?

Data 113

Data Vendor management Procurement e2e 113