Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Analyzes supplier performance, market trends, and contract terms.

Supply Chain Efficiency 60

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 60

SCMDOJO

APRIL 11, 2025

Enter companies like DigitalSuits, a high-tech Shopify development and e-commerce agency that leverages technology and innovation to build end-to-end solutions. The article mentions the ways through which Shopify integration with CRM software can improve supply chain visibility, customer experience, and operational flexibility.

Supply Chain Efficiency 71

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 71

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

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supply chain software solutions Suppliers Management Purchase orders 134

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1. HACCP, FSMA, GFSI).

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line.

Data 100

Data Suppliers Management Procurement 100

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 Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. HACCP, FSMA, GFSI).

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

TYA Suite

MAY 13, 2025

The need is recognized and communicated to the procurement team to start the process. This request typically includes details like the product specifications, quantities needed, and preferred suppliers. The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

ivalua

NOVEMBER 25, 2020

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 Teams Step-up. Help staff sell procurement’s value during recovery.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. It Pays to Partner!

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e2e Buyers Suppliers Supply chain 130

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

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Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility.

e2e 98

e2e Sourcing Real-time Visibility Contract 98

Spend Matters

FEBRUARY 22, 2024

Companies benefit when they align processes and run their procurement operations using a more holistic approach for the supplier management lifecycle. The software can regularly check with suppliers to make sure their compliance is ongoing, not just monitored at a few fixed points in time.

Supply Chain Efficiency 112

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 112

Procurement Tactics

JUNE 28, 2023

It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. Supplier Performance The quality, timeliness, and adherence to contractual commitments of suppliers shall be monitored. This approach promotes efficiency throughout the whole procurement process.

Supply Chain Efficiency 178

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

Spend Matters

MAY 21, 2024

Our first practitioner-focused viewpoint came from Sören Petsch, head of procurement at end-to-end e-commerce solution Rithum — How intake cuts to the point. Instead of suggesting a ‘start-from-scratch’ strategy, it acts as a bridge, bringing together data from disparate procurement tools for clearer insights.

e2e 112

e2e Procurement Contract management Leadership 112

IBM Supply Chain Blog

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Supply Chain Game Changer

JULY 16, 2019

Supplier Relationships – Don’t go over to the Dark Side! Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. There were Executives from dozens of Suppliers in attendance. Subscribe to Supply Chain Game Changer.

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Supplier relationship management Suppliers Management e2e 74

Procurement Tactics

AUGUST 19, 2022

You will also know how important vendor management is for the organization to manage its suppliers. . For starters, vendor management is used to describe the processes used to manage their suppliers or vendors. . Nowadays, the vendor management system is key to the success of any procurement team. SAP Fieldglass.

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Vendor management Management e2e Negotiation 130

TYA Suite

MAY 23, 2025

The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. Procure to pay automation addresses these issues by digitizing and streamlining the entire cycle, from to invoice payment. Working with reputable suppliers is a key aspect of the.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency e2e 40

TYA Suite

MAY 23, 2025

This makes it hard for procurement teams to find what they need quickly, and even harder to manage vendors in a smooth, professional way. These insights assist in making informed decisions about contract renewals, supplier changes, or performance enhancements, empowering businesses to take strategic actions based on real data.

supply chain software solutions 40

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

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. Monitoring supplier relationships : AI can track supplier performance metrics, analyze contract terms for risks, and identify opportunities to improve supplier relationships.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Jaggaer

APRIL 24, 2025

These shifts in consumer behavior may be small but the bullwhip exaggerates their effect the further you go up the supply chain, because each vendor along the chain from end-consumer to raw materials supplier, has greater observed variation in demand, and thus greater need for safety stock.

Demand 52

Demand Logistics Real-time Visibility Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 28, 2021

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. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

supply chain budgeting 98

supply chain budgeting Procurement Supply Chain Efficiency e2e 98

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?

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Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Supply Contract 130

Spend Matters

JUNE 21, 2024

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. So if it’s Finance, I talk about budget, both budget visibility and spend visibility.

e2e 108

e2e Procurement team Procurement Contract 108

Una

JULY 28, 2022

This is particularly true in terms of the procurement function. Is your procurement team territorial? Does your procurement team behave like a snapping saltwater crocodile? They monopolize supplier relationship s as the sole point of contact. Partnering with the sustainability team.

Procurement 98

Procurement supply chain budgeting Procurement team e2e 98

Spend Matters

SEPTEMBER 14, 2023

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.

Procurement 116

Procurement Supply Chain Efficiency Category management e2e 116

Spend Matters

OCTOBER 26, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. But mobile phones have radically evolved since 1983, and procurement is still running into the same problems caused by relying on this strategy. Today please get to know akirolabs.

e2e 115

e2e Strategy Procurement team Procurement strategies 115

Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

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Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Supply Chain Game Changer

MARCH 28, 2020

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Procurement is strategic! Procurement 101. Advanced Procurement. Well here’s some news. ” Ouch!

Procurement 93

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 93

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., Example: During a tariff spike, agents switch suppliers or adjust logistics routes, capping cost overruns. mismatched invoices, incorrect orders).

supply chain budgeting 52

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

Spend Matters

AUGUST 10, 2023

Historically, a lack of dedicated tools and/or a concentrated focus of investments on strategic spend categories have deterred procurement teams from developing effective solutions to manage the tail. Procurement transformation for the digital era Kearney has a long history of driving savings and operational efficiency for its clients.

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Spend management Management e2e Vendor management 97

Value Match

JULY 21, 2022

Government’s Achievements to Date There are number of ways in which the public sector currently provides procurement transparency. Find a Tender – 1 st January 2021 the UK Government launched Find a Tender where suppliers can search and apply for high value contracts, usually above £118,000.

Strategy 96

Strategy Procurement Contract Bidding 96

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. Third-Party Engagement: Suppliers and partners can auto-complete questionnaires, upload documents, and supplement responses with live data from the Internet, streamlining due diligence and ongoing monitoring.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40