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#1! Are you a Supply Chain Digital Champion?

ivalua

Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises. Leveraging Technology to Transform The Supply Chain.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement’s value became evident, as did the importance of the supplier relationships they had built.

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Gartner’s First Integrated S2P Report on The Evolving Landscape of Source-to-Pay Solutions

Procurement Insights

This shift responds to the growing need for unified platforms that provide end-to-end process visibility, essential for global corporations seeking to streamline their procurement operations. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. We’re also seeing that suppliers are no longer being viewed simply as vendors, but strategic partners. Here are a few of the top concerns we’re hearing.

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What Does Finance Think of Procurement?

Arkestro

Limited Risk Transparency When it comes to where the majority of direct spending comes from, 70% of CFOs feel they have good visibility into top tier suppliers. However, just 15% of CFOs feel like they have visibility into tier two suppliers and beyond — a major blind spot. Plus, our tool is proactive.

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Strategic Procurement: What Is Is and Why It’s Essential for Business Resilience 

Pipefy

With the analysis of supplier performance data, purchase managers can make decisions that benefit the company faster and more accurately. It also benefits end-to-end procurement management since visibility and transparency are emphasized. Why is strategic procurement important?