Procurement Tactics

OCTOBER 18, 2022

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. . Many companies benefit from the software as it offers improved visibility into the supply chain and enables cost traceability for enhanced budget management. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. You might face delays in approvals, end up placing duplicate orders, or be surprised by unexpected costs. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions.

Purchasing 40

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

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Subscribe Here! Email Address. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Jaggaer

DECEMBER 5, 2024

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

Supply Chain Efficiency 52

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

Procurement Insights

MARCH 25, 2025

There should be internal guidelines in place outlining when to RFP vs not (based on spend, criticality, risk, outcomes expected, etc).” Enhanced Visibility into Procurement Data Challenge: Lack of a unified view across departments (purchasing, logistics, quality control). Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Procurement Tactics

JUNE 28, 2023

It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. The key elements are typically: 1.

Supply Chain Efficiency 178

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

Spend Matters

FEBRUARY 13, 2025

This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective. The most significant impact of implementing a spend analytics solution was providing the visibility and details behind the dollars spent on various Indirect spend categories.

Influencing 106

Influencing Procurement supply chain budgeting e2e 106

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. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Strategic Sourceror

FEBRUARY 3, 2023

These tasks, combined with the increasing levels of complexity and risk that modern supply chains have had to go through, has made tracing exactly what's going on even more difficult than it had been in the past. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

Spend Matters

FEBRUARY 25, 2025

Larger organizations likely have matured and updated their tech environment over many years with best-of-breed or suite solutions, so its easier for them to get the organization on board with an end-to-end digital transformation.

Real-time Visibility 116

Real-time Visibility e2e Procurement Negotiation 116

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

Procurement Insights

APRIL 1, 2025

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., AdaptOne for supplier onboarding, GEP for strategic sourcing) rather than purchasing a comprehensive S2P suite with unused features (e.g., Comparison to End-to-End S2P S2P Non-Usage: 30-40% unused (e.g., $15K-$400K sourcing, supplier management, invoicing).

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

TYA Suite

MAY 23, 2025

The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. The procure to pay process covers several stages from raising a purchase request to processing the invoice and paying suppliers. Once a purchase request is submitted, it enters an automated approval process.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency e2e 40

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management).

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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. Could diversify 20-30% of Chevrons supplier base, mitigating geopolitical risks.

Agile and Lean Supply Chain 52

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

SCMDOJO

MAY 23, 2025

Organizations must anticipate risk, adapt faster, and recover smarter. With real-time dashboards, predictive models, and risk simulations, leaders can identify bottlenecks before they occur. It starts upstream, where supplier risk assessments now rely on more than historical performance.

Leadership 54

Leadership Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 54

Procurement Tactics

JUNE 8, 2023

It keeps track of inventory from the time it is purchased until it is sold to customers. Safety Stock This refers to the extra inventory held to mitigate the risk of stockouts due to uncertainties in demand, supply, or lead times. It acts as a buffer to ensure customer satisfaction and prevent disruptions.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Supply Chain Opz

MARCH 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. Reducing the dependence on a sole supplier is crucial in managing risk.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

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. emergency purchases and b.) those purchases which do not have a significant impact on operational continuity or the bottom line.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

APRIL 24, 2025

Demand latency & the bullwhip effect Over the past six years, we have witnessed a sharp increase in demand latency , defined as the time lag between customer purchase behavior (at the point of sale) and the corresponding signal received by those responsible for replenishment or production.

Demand 52

Demand Logistics Real-time Visibility Supply Chain Optimization 52

ivalua

DECEMBER 6, 2022

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

e2e Suppliers Procurement Contract 130

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. Analysis should be focused on risks and opportunities while factoring in all costs and sources of added value. And in what sense?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Una

AUGUST 30, 2022

As Deloitte points out, this shifts the whole approach of SRM from damage control to proactive risk mitigation. Look for internal sources of data (your organization’s total spend), make sure it is accurate, and channel it into a single source-of-truth such as an end-to-end platform or connected procurement ecosystem.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management. Many thanks to GEP, and you can read our in-depth analysis of GEP here.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

TYA Suite

MAY 3, 2025

of their annual revenue simply because their in accounts payableremains stuck approving invoices by email, chasing down signatures, or reconciling mismatched purchase orders. P2P, or Procure-to-Pay, is the process businesses use to purchase goods and services and complete payments. Its about fixing the basics.

Purchase orders 40

Purchase orders e2e Raw materials Real-time Visibility 40

TYA Suite

MAY 13, 2025

Production slows down, orders get delayed, and customer satisfaction dropsall because someone missed a routine purchase. Operational procurement refers to the process of purchasing the everyday goods and services a business needs to function. Imagine a company that suddenly runs out of packaging materials.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

TYA Suite

MAY 23, 2025

Collaborative efforts can also identify cost-saving opportunities, such as bulk purchasing or optimized logistics, resulting in overall cost reductions for both parties. This proactive approach minimizes defects, improves consistency, and reduces the risk of returns.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Finale Inventory

JULY 9, 2024

Creating a purchase order is a vital step in managing inventory for your ecommerce business. A purchase order serves as a legally binding document between you and your suppliers, specifying the details of the items you need to purchase. This leads to better cash flow management and reduces the risk of unnecessary expenses.

Purchase orders 52

Purchase orders Purchasing Inventory Real-time Visibility 52

ivalua

JULY 14, 2021

Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier. These individuals are therefore looking to receive purchase orders and contracts electronically; they are going to check for changes or new business via their mobile device. How to Deliver Interconnected Payments.

Real-time Visibility 130

Real-time Visibility e2e Suppliers Purchase orders 130

Pipefy

JANUARY 31, 2023

Procurement risks occur as a result of unreliable purchasing and P2P processes. These processes become unreliable when inefficiencies are not planned for, not identified and dealt with properly and in a timely manner, or when risk assessment and management protocols fail.

Risk 52

Risk Procurement e2e Purchase orders 52

IBM Supply Chain Blog

JUNE 30, 2023

3 steps to building healthcare supply chain resiliency Step 1: Improve visibility and proactivity Hospital systems work with multiple fragmented teams, technologies and processes to manage daily operations, leading to a pervasive lack of data visibility. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

Spend Matters

AUGUST 31, 2023

But with more than half of vendor investments not being actively managed, businesses are wasting an incredible amount of spend and opening themselves up to a variety of risks. But once they do, they can quickly start to spend smarter, control risk and work efficiently. How is this problem solved?

Data 113

Data Vendor management Procurement e2e 113

Spend Matters

SEPTEMBER 14, 2023

A recurring request is to reduce risk and contain costs. Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities?

Procurement 117

Procurement Supply Chain Efficiency Category management e2e 117

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. Get Visibility For All Stakeholders. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Una

MAY 11, 2023

Look for solutions that streamline your procurement process, improve visibility, and enhance collaboration. Your organization may already have an end-to-end ERP that includes a procurement module, and you may be expected to use that for ROI reasons. Move faster, save more, and look better doing it.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98