Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. Capacity Planning: By understanding demand patterns, procurement can work with suppliers to ensure they can meet future needs.

Procurement 95

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 95

All Things Supply Chain

JULY 15, 2022

Mexico’s beer shortage worsened due to supply and demand problems In recent times, beer makers have struggled to source cans and glass bottles for their products, but now, robust demand…

Supply chain 246

Supply chain Demand Supply Sourcing 246

Pipefy

APRIL 22, 2025

Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments. What is Source-to-Pay (S2P)? Before we talk about making it smarter, its worth reviewing what the source-to-pay journey actually covers. Procurement automation.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Spend Matters

DECEMBER 16, 2024

Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle. It ensures that organizations have the right materials sourced from the right suppliers at the right time and for the best cost, making tariff management a natural part of these processes.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 112

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Templates

JANUARY 17, 2024

What is demand management and why should we use it? Demand management embedded within the procurement process. Current demand and usage data is linked to service improvements. Current demand and usage data is linked to service improvements. Demand management is not a discipline in itself. SMT) level. What happened?

Demand 130

Demand Management Buyers Purchasing 130

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Let's Talk Supply Chain

FEBRUARY 27, 2025

The impending transformation, outlined in a recent report by Supply and Demand Chain Executive, is set to reshape the vrey foundation of ‍how goods and services are sourced, ‍managed, and delivered. Heightened focus on demand forecasting and inventory management.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52

Spend Matters

MAY 14, 2025

The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events. Supply disruptions , inflation, geopolitical tensions and regulatory demands are forcing companies to revisit sourcing decisions more often.

Category management 95

Category management Spend management Management Sourcing 95

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Leaders

MARCH 17, 2025

But if the global posturing and protectionism continues, there will come a point when local sourcing, increased resilience and all the investments they demand will become a necessity. Because the manufacturing is just not there in some of the countries that we operate in.

Demand 130

Demand Sourcing Import Supply chain 130

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Let's Talk Supply Chain

MARCH 24, 2025

Join us as we delve into the unfolding drama of this new era, where supply chains‍ are tested to their limits and‍ demand forecasting becomes an ever more elusive pursuit. The uncertain trade surroundings is causing disruptions ‍in the supply and demand dynamics,leading to challenges for manufacturers and suppliers alike.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Tactics

MARCH 13, 2023

Supply and Demand The imbalanced equilibrium between coal demand and supply is increasing every year. Conversely, demand for coal is at its highest in winter for heating purposes. Alternative Energy Sources The shift to a sustainable program makes alternative energy sources a complete candidate against coal energy.

Price 224

Price Demand Sourcing Sustainability 224

Spend Matters

APRIL 10, 2025

AI is the game-changer that allows procurement professionals to escape the cycle of transactional work and focus on what really moves the needle: strategic sourcing, supplier collaboration, and advanced analytics. Smaller teams, in particular, feel the squeeze and struggle to balance compliance, efficiency and innovation.

Supply Chain Efficiency 106

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 106

Spend Matters

MARCH 11, 2024

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. This content is for members only. Visit the site and log in/register to read.

Procurement solutions 120

Procurement solutions Sourcing Procurement Market analysis 120

Procurement Software

MARCH 2, 2025

Source-to-Pay software is the cornerstone of every procurement tech stack. As you will see, many of these Source-to-Pay software solutions straddle either SME and Mid-Market, or Mid-Market and Enterprise. Here’s our Venn Diagram for Procure-to-Pay and Source-to-Pay software. It’s not.

Sourcing 52

Sourcing Procurement Contract management Price 52

Procurement Tactics

MARCH 16, 2023

Seasonal Changes Throughout the year, egg prices fluctuate according to seasons, supply, and demand. As a result egg demand is high which causes a price hike. Consumer Demand The rise of fad diets greatly plays a big impact on egg prices. The fluctuating egg prices rely heavily on various factors. When is the egg season?

Price 229

Price Export Consumer demands Demand 229

Spend Matters

FEBRUARY 13, 2025

Utzs Procurement team had never focused on influencing budget owners in the corporate services area to strategically source their categories. The team launched many new sourcing opportunities and engaged with stakeholders in different ways resulting in other positive impacts for the company.

Influencing 105

Influencing Procurement supply chain budgeting e2e 105

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

SCMDOJO

FEBRUARY 15, 2025

These include alternative sourcing strategies, backup transportation routes, and emergency inventory reserves. Running simulations of potential supply chain disruptions such as raw material shortages, port closures, or demand surges allows businesses to determine the best course of action before a crisis occurs.

Project management 84

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 84

Spend Matters

DECEMBER 23, 2024

Customers want to quickly adjust sourcing strategies and build agility into their supply chains. We position our solution as right-sized and accessible yet powerful, to meet the growing demand for automation. We partner with compliance platforms like EcoVadis to make it easier for companies to align with sustainability regulations.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

supply chain budgeting 96

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 96

SCMDOJO

DECEMBER 29, 2024

However, it offers a broad overview of the key concepts and principles of supply chain management that include: Planning Sourcing Production Delivery Returns To understand the entire supply chain ecosystem and its critical role in business success, get your hands on this course right now! What’s the wait for?

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Spend Matters

NOVEMBER 19, 2024

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. Overall, customers want tech that integrates diverse data sources, speeds up risk analysis and offers clear guidance on potential mitigation steps.

Risk management 113

Risk management Risk Management Real-time Visibility 113

Supply Chain Brain

DECEMBER 29, 2024

The scarcity of sources is making global coffee prices susceptible to the effects of extreme weather.

Price 97

Price Demand Sourcing 97

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products.

supply chain budgeting 221

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

Procurement Leaders

MAY 13, 2024

Challenge With global energy demand on the rise and fossil fuels continuing to make up most of the world’s power consumption, cutting emissions in the energy sector represents a formidable task. A major difference between an RFS and an RFP is that buyers approach suppliers without knowing precisely what it is they are sourcing.

Innovation 130

Innovation Sourcing Buyers Suppliers 130

Procurement Tactics

MARCH 20, 2023

Natural gas prices move along with their seasonal demand however it still shows value fluctuation outside their high-demand peak. The fuel source for heating and cooling systems for residential houses and commercial buildings. Crude Oil Prices Crude oil market demand and value are the main drivers of natural gas prices.

Price 187

Price Demand Influencing Sourcing 187

Spend Matters

FEBRUARY 5, 2025

Real transformation demands a mix of creativity, strategy and much patience. Low adoption rates: Technologies like e-sourcing have been available for years, yet adoption among companies sits at around 60%-70%. Procurement has evolved from a back-office function to a strategic driver of innovation and value.

Procurement 115

Procurement Change management Strategy supply chain budgeting 115

Spend Matters

APRIL 23, 2025

For the past 12 years, Sammy Rashed has applied the experience he gained from being a procurement and strategic sourcing leader at Novartis and Merck to serve as the expert facilitator of several practitioners-only Procurement Think Tanks globally. Furthermore, new AI capabilities demand new skills.

Procurement team 73

Procurement team Procurement Data Sourcing 73

Procurement Insights

APRIL 18, 2025

This volatility is driven by a combination of global supply chain disruptions, technological cycles, market speculation, tariffs, and demand surges. Market Speculation and Scalping: For high-demand parts (especially GPUs), speculative buying and scalping can cause prices to swing by 2050% or more over short periods 2 3.

Price 75

Price Demand Supply chain Real-time Visibility 75