Remove e2e Remove Leadership Remove Risk management
article thumbnail

Understanding the Total Economic Impact™ (TEI) of Ivalua

ivalua

393% ROI from process automation, better visibility, and replacing old systems. Reductions in procurement overhead, coupled with increased spend visibility, innovation opportunities, and streamlined supplier engagement. These disjointed processes introduced inefficiencies, increased human errors, and limited visibility into spend.

article thumbnail

AI in procurement: How different industries are harnessing its power

Spend Matters

Life sciences and healthcare: Enhancing supply chain visibility and compliance For life sciences and healthcare, procurement is a complex dance involving medicines, medical supplies and strategic services spread across a global landscape. For a more in-depth exploration of AI in Procurement, read the AI Leadership Guide for Procurement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience.

article thumbnail

Frictionless P2P: A Dream or Reality? 

ivalua

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

e2e 130
article thumbnail

Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 103
article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

article thumbnail

The Reactive vs Proactive Supply Chain! Which Will Prevail?

Supply Chain Game Changer

The fundamental trick to create the more robust, proactive Supply Chain, is to have the leadership that will allocate the time and resources to pursue these proactive activities. Without that leadership and vision, organizations will continue to be sucked into the morass of expediting and fire fighting.