Procurement Insights

APRIL 2, 2025

Zycus Overview: A pioneer in cognitive procurement with a GenAI-powered Source-to-Pay suite (Merlin AI), serving large enterprises. Unique Benefits: AI-Driven Cost Savings: Merlin AI analyzes spend patterns and negotiates contracts, targeting 10-15% savings ($1B-$2.25B on $10B-$15B spend) to counter oil price volatility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 52

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. These data and inputs are used for the creation of reports and insights that aid in identifying trends, and areas that need improving or support strategic decision-making.  Menu Course Library 1.

Supply Chain Efficiency 178

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

Pipefy

APRIL 22, 2025

Before we talk about making it smarter, its worth reviewing what the source-to-pay journey actually covers. End-to-End Integration: The Backbone of Procurement Automation A platform is only as good as its connections. In simple terms, it spans the entire process from identifying a purchasing need to final payment.

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IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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Procurement Tactics

AUGUST 23, 2022

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . The contract management process involves contract request, authoring, negotiation, approval stages, execution, and signature.

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Contract management Contract supply chain software solutions Management 130

TYA Suite

APRIL 13, 2025

Once approved, the business selects a trusted supplier, negotiates terms, and sends a purchase order. When the kitchen team requests supplies, the system auto-checks inventory levels, approves the order, sends it to a pre-negotiated vendor, and schedules paymentall without manual spreadsheets or miscommunication.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Jaggaer

JULY 7, 2020

In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. These should provide end users with visibility across their assigned scope. A Stronger Hand for The Next Negotiation. Building Robust Analytics Dashboards. adds Srestha Dutta.

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TYA Suite

MAY 13, 2025

Through strategic purchasing and planning, companies can avoid overstocking and ensure theyre not tying up cash in unnecessary inventory. Furthermore, negotiating favorable payment terms with suppliers, such as extended payment periods or discounts for early payments, can free up cash for other critical operations or investments.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Procurement Insights

APRIL 9, 2025

Strategic Fit: Amex aimed to build an end-to-end B2B platform (Anna Marrs, Amex), enhancing its supplier-side offerings beyond card issuance. Why You Missed It: If your focus is on strategic sourcing, supplier collaboration, or niche innovations (e.g., Nipendo pre-Amex).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Networking 59

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

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Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. Typically, the source-to-pay process is used to fulfill needs like finding new suppliers that offer lower prices, better terms, or goods/services not offered by current suppliers.

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Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analysis is necessary for strategic sourcing. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

e2e 52

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Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Software

MARCH 7, 2023

The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process. Improvements to end-to-end supply chain efficiency.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

World of Procurement blog

MAY 10, 2024

This supports strategic sourcing efforts. With the ability to handle huge volumes of data, operate 24/7, and continuously learn from experience, AI can bring new levels of speed, efficiency, and insight to procurement teams looking to transform strategic sourcing, supplier management, and end-to-end procurement processes.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. Their platform also offers thorough spend intelligence, allowing for in-depth strategic sourcing.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 13, 2023

These increase accuracy and productivity, track purchases and offers data visibility that informs decision making and reduces risk, inefficiencies and time-consuming delays. Benefits of a successful procurement strategy By implementing strategic sourcing and purchasing opportunities, organizations can achieve substantial cost savings.

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Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Procurement Software

DECEMBER 5, 2022

The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process. Improvements to end-to-end supply chain efficiency. Supplier due diligence.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JUNE 25, 2023

It’s a strategic function that requires careful planning, selection, and negotiation to ensure that businesses get the best value for their money. In essence, spend analysis turns data into actionable insights, enabling businesses to make procurement a strategic, value-adding function.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. It gives you full visibility of your spend data, all in one place. Contract Management 9. Niche Software Solutions 11.

Purchasing 52

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Pipefy

DECEMBER 20, 2023

Strategic procurement leverages data to reduce risks across the entire procure-to-pay process and identify opportunities for long-term and continuous forecasting and optimizations. This also leads to more advantageous strategic sourcing. Why is strategic procurement important? Here are some tips for getting started.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

HICX

AUGUST 4, 2022

Caption: Adam Brown, Procurement Strategy & Transformation, Maersk; Carmen Erhardt, Head of Digitalization, Henkel; Anthony Payne CMO, HICX; Ragnar Lorentzen, CCO, HICX; Nils Andersson, Senior Manager – Head of Strategic Sourcing Process, Orkla; and Aleks Hajdas PTP Program Lead, JTI share their views on Supplier Experience.

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Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Strategic sourcing.

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Procurement Software

MAY 14, 2024

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

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Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Matchory Matchory is a German procurement startup offering a data-driven strategic sourcing solution. With its AI-based analytics, Covalyze enables you to negotiate better.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Pre-defined, agreed, maybe cross functional negotiated decision boundaries and trade-offs can be provide to the machine (intelligent agents). We’ve entered an AI era where 76% of work can be augmented or automated.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Quality 78

Planergy

SEPTEMBER 12, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Legal challenges can involve navigating regulatory requirements to avoid oligopolies and monopolies, contract negotiations, and potential disputes.

Supply Chain Efficiency 52

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

World of Procurement podcast

NOVEMBER 7, 2021

What we're trying to offer is effective from, I mean, not end to end, because we don't offer sourcing at this stage, but effectively end to end procure to pay solution for long tail. We're not saying procurement, you're wrong to have those checks and balances. 19:46 Natasha Exactly. So, so exactly right.

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