Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 87

Procurement solutions Procurement e2e Real-time Visibility 87

IBM Supply Chain Blog

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

IBM Supply Chain Blog

DECEMBER 8, 2023

Plus, you run the risk of accumulating technical debt. One of the best use cases for AIOps is strengthening end-to-end system resilience by consolidating data from multiple sources and correlating events into incidents. By implementing a code freeze, you also miss opportunities like optimizing to boost conversion.

e2e 120

e2e Real-time Visibility Management Data 120

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

ivalua

JUNE 27, 2022

Far more than “1+1=2”, it’s a combination of the best Source-to-Pay solution with the market leading dynamic discounting environment, joint customers will be able to capture higher yields from their early payment programs turning them into a strategic revenue stream that grows the bottom-line via the C2FO marketplace. .

e2e 130

e2e Buyers Suppliers Supply chain 130

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. Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial.

Supply Chain Efficiency 178

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

ivalua

MAY 19, 2022

Having the complete source-to-pay journey within the Ivalua Platform will help our customers build stronger, reliable supplier relationships”, said David Khuat-Duy, Founder and CEO of Ivalua. The high-level benefit of embedding the TransferMate payment solution within the Ivalua Source to Pay journey is that supply chains can become stronger.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. As a source of information, companies can quickly and efficiently respond to changes in the supply chain, economy, or demand.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 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. . Enhancing strategic sourcing through data analysis. Creating policies and contingencies easily to mitigate risks. .

Contract management 130

Contract management Contract supply chain software solutions Management 130

Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. One of the key areas we focus on is enhancing supplier risk management through our managed procurement services.

Risk management 40

Risk management Risk Suppliers Management 40

Spend Matters

OCTOBER 4, 2023

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.

Procurement 93

Procurement e2e Contract Sourcing 93

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

Procurement Tactics

AUGUST 19, 2022

It takes appropriate measures to control costs, reduce potential supplier risks, and ensures excellent service deliverability from vendors. . Vendor sourcing . Risk management. This process involves evaluating potential risks that could negatively impact the organization. Payments. Set deadlines that are realistic.

Vendor management 130

Vendor management Management e2e Negotiation 130

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 103

Data Vendor management Procurement e2e 103

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. Strategic sourcing remains critical, especially given our inflationary environment. Yes, there has undoubtedly been a shift.

Procurement 106

Procurement Supply Chain Efficiency Category management e2e 106

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

The Good Spending

APRIL 30, 2023

CLM can help you manage contracts efficiently, reduce risks, and improve compliance, whether you're a small business or a large enterprise. It provides a holistic approach to managing contracts and ensures visibility, control, and compliance at every stage. Data privacy risk mitigation alone may justify any CLM investment.

Contract 52

Contract Management e2e Negotiation 52

Pipefy

MARCH 28, 2024

Users pose questions in a conversation with a bot, which answers them based on: An AI model that uses large amounts of structured and unstructured data from many sources, and ML that rapidly searches the data for the most relevant answer. This step often requires a map of every task within the organization for full visibility.

e2e 52

e2e Real-time Visibility Data Sourcing 52

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

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

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. Business needs identification to better align sourcing strategies.

Supply Chain Efficiency 52

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

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

ivalua

JUNE 11, 2019

Some of the objectives Ivalua typically has together with its Public Sector customers include: More Efficient Government: Make it easier to do business with government, maximizing automation and end-to-end Procurement cycle time. Supplier Management: Enhanced supplier document management, diversity self-identification and validation.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

IBM Supply Chain Blog

JUNE 29, 2023

By integrating financial planning with strategic and operational planning, organizations can evaluate financial profitability, identify potential gaps or risks, and make necessary adjustments to achieve financial targets. Data integration and analytics IBP relies on the integration of data from different sources and systems.

supply chain software solutions 83

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

HICX

MAY 12, 2023

Particularly around risk listening. In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. We do not need an end-to-end solution. But here, really, the opportunity is around analytics.”

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

IBM Supply Chain Blog

JUNE 26, 2023

But “always-on” is costly, and too many organizations overprovision to mitigate performance risks (and overspend in the process). You gain full-stack visibility to better understand your environment and speed up innovation. To address this waste, consider implementing FinOps (Finance + DevOps).

e2e 56

e2e Real-time Visibility Sustainability Data 56

Barkers Procurement

JANUARY 26, 2024

Some experts in procurement have asked whether procurement is being overexposed to unstable sources. Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

Some experts in procurement have asked whether procurement is being overexposed to unstable sources. Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 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.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. But it’s not just about understanding risk. 3) It increases resilience to future risk or disruption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. But it’s not just about understanding risk. 3) It increases resilience to future risk or disruption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 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. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Data 130

Data Suppliers Management Procurement 130

ivalua

NOVEMBER 14, 2019

To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. The model should also include the best source for each piece of master data, whether it’s the supplier, an internal group or a third party like D&B.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Supply Chain Opz

JANUARY 17, 2017

Regardless, it must begin by determining what the Customer values, then work backwards to design processes which deliver to these requirements (see below): Done right, an adaptive Supply Chain can be a source of competitive advantage, as demonstrated by companies such as Apple, Wal-Mart and P&G.

e2e 40

e2e Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 40

SCMDOJO

OCTOBER 14, 2023

It has made visible changes in the SCM systems. This empowers all partners to follow the excursion of items from the source to the end client progressively, upgrading responsibility and lessening the gamble of misrepresentation or fake products. It helps to mitigate the risk factors and improves the risk management.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Supply Chain Trend

OCTOBER 25, 2023

We can use digital copies of these assets to simulate scenarios to trade off risks and make informed decisions. However, one McKinsey study found that 7% of CPG companies apply end to end autonomous planning. Sourcing could change suppliers, contracts, or interchangeable materials to get a better COGS and ESG score.

e2e 88

e2e Supply Chain Efficiency Supply Chain Optimization Leadership 88