Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Procurement Insights

APRIL 2, 2025

I picked Chevron to prepare the following assessment based on the company’s interest in my recent LinkedIn post and the corresponding poll in the Purchasing & Global Supply Chain Professionals (PGSCP) group. Chevron Fit: Ideal for ESG compliance and supplier resilience, saving $1M-$5M by optimizing $1B-$3B in supplier spend.

Agile and Lean Supply Chain 52

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

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. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Supply Chain Efficiency 178

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

Jaggaer

APRIL 9, 2025

Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Manufacturers can improve supply chain visibility, optimize logistics, and reduce costs associated with inefficiencies.

Real-time Visibility 52

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

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.

Contract management 130

Contract management Contract supply chain software solutions Management 130

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Draw up selection criteria optimizing outcomes against risk. Your focus here is to get security of service at a good price.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Procurement Tactics

JULY 20, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. But with Supplier order management software, businesses can now automate and optimize these processes, resulting in improved efficiency, cost savings, better customer services, reducing manual errors, and optimizing the overall procurement flow.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

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. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Now, anyone can follow the full journey of a shrimp through the supply chain. Try out cognitive intelligence free for 30-days.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. preferred terms are negotiated in sourcing but only captured if purchased against) Invoicing: The most important part of the process for the supplier–getting paid. Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

Driving optimal application performance while minimizing costs has become paramount as organizations strive for positive user experiences. These experiences can make or break a business, that’s why prioritizing high performance among applications is non-negotiable. But a traditional observability framework is not needed.

Real-time Visibility 64

Real-time Visibility e2e Demand Networking 64

Procurement Insights

MAY 21, 2025

Budget Constraints Dynamic Cost Optimization: Autonomous agents analyze spend patterns, negotiate with suppliers in real-time, and reroute logistics during disruptions (e.g., Ecosystem Orchestration: Agents align procurement with finance, logistics, and suppliers, ensuring end-to-end process coherence. mismatched orders).

supply chain budgeting 52

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

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

TYA Suite

MAY 13, 2025

Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities. By optimizing the and maintaining a dynamic supplier base, organizations can respond faster to changes without compromising quality or cost efficiency.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

Let's Talk Supply Chain

APRIL 6, 2023

Coby and John found obvious deficiencies in these same organizations’ supply chain and operational systems, and thus, Enveyo was born. Many companies, however, fall short of shipping optimization goals due to one thing — data. Many companies, however, fall short of shipping optimization goals due to one thing — data.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Logistics Data 52

TYA Suite

MAY 23, 2025

The goal is to simplify tasks, reduce errors, and improve vendor collaboration, ultimately helping businesses make better decisions and optimize their supply chain. This lack of centralization often results in confusion, lost paperwork, and a lack of visibility into the status of vendor relationships.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

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

Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology. Subscribe Here! Email Address. What’s the Difference Between Logistics and Distribution? What is Logistics Management?

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Game Changer

FEBRUARY 12, 2020

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Many years ago I started a Supply Chain Services business as a new service within the company. And they would not have the end to end supply chain visibility that can come with a TMS.

Management 76

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 76

Supply Chain Game Changer

NOVEMBER 11, 2018

As consumers the complexity in the retail supply chain is usually oblivious to us. So what makes the Retail Supply Chain so complex? It puts huge demands on the Supply Chain team. The Omnichannel nature of retail requires a Supply Chain that is tremendously flexible. Subscribe Here!

Retail Supply Chain 48

Retail Supply Chain Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 48

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Supply Chain Trend

OCTOBER 25, 2023

What would a Martian expert in supply chain planning and technology think when looking back at earth? Closing the planning automation gap After more than hundred years of automating our physical assets in the supply chain, we now have automated warehouses, trucks, productions plants and delivery drones.

e2e 88

e2e Supply Chain Efficiency Supply Chain Optimization Leadership 88

Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. And you need suppliers who can provide visibility through electronic connectivity.

Strategy 68

Strategy Management Real-time Visibility e2e 68

Pipefy

FEBRUARY 13, 2023

The procurement process includes many steps, including: Sourcing suppliers Negotiating best value and terms Generating and submitting purchase orders Receiving deliveries Reconciling and matching invoices Issuing payment for goods, products, and/or services What is acquisition? Is acquisition part of procurement? In a word, yes!

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Jaggaer

DECEMBER 13, 2024

Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments. By standardizing procurement activities, organizations gain visibility over spending, strengthen supplier relationships, and optimize cash flow management.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

Supply Chain Game Changer

NOVEMBER 17, 2018

In Supply Chain that means we want and need full end to end visibility and transparency. To provide that end to end visibility requires electronic connectivity of all nodes of the Supply Chain. But it does mean you may be able to better manage this aspect of your Supply Chain.

e2e 43

e2e Real-time Visibility supply chain software solutions Supply Chain Efficiency 43

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A successful procurement strategy also mitigates risks inherent in the supply chain.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

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

Pipefy

JULY 31, 2023

One way companies can become more agile and remain competitive despite economic uncertainties is end-to-end business process automation. While these processes don’t generate revenue, optimizing and automating them can reduce operational costs and improve process efficiency — both of which lead to long-term business benefits.

supply chain software solutions 52

supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52

Arkestro

JUNE 6, 2023

Purchase Price Variance: How efficient is the procurement team at negotiating on price? With the continuing supply chain challenges of recent years, these problems have only been thrown into sharper relief. However, just 15% of CFOs feel like they have visibility into tier two suppliers and beyond — a major blind spot.

Supply Chain Efficiency 52

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