Procurement Insights

FEBRUARY 1, 2024

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

Sourcing 69

Sourcing e2e Spend management Leadership 69

ivalua

NOVEMBER 14, 2019

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

ivalua

MAY 30, 2022

To stay ahead of all of these risk factors and changing demands, organizations need to discard their linear supply chain models and embrace an autonomous, end-to-end connected ecosystem. High levels of visibility reduce supply chain risk and address sustainability initiatives, such as tracking a product’s full line of custody.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Spend Matters

JANUARY 5, 2024

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. Read part 1 here , part 2 here and part 3 here.

e2e 81

e2e Procurement supply chain software solutions Contract 81

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . C2FO: The partnership enables C2FO to offer businesses the ability to improve returns on their cash, in-the-moment, and organically as part of Ivalua’s robust Source-to-Pay experience.

e2e 130

e2e Buyers Suppliers Supply chain 130

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

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. Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures.

supply chain software solutions 88

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

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

Spend Matters

JULY 10, 2023

This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult.

Market analysis 87

Market analysis e2e Contract management Spend management 87

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier.

Data 130

Data Suppliers Management Procurement 130

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. By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

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

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

Let's Talk Supply Chain

JUNE 5, 2023

Logward is a logistics technology company offering supply chain management as a service, delivering end-to-end visibility as well as control over freight shipments through cloud based solutions. 22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits.

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Procurement Tactics

DECEMBER 7, 2022

It optimizes the cash flow that enables the business to lengthen its payment terms to its suppliers while providing an option for when a supplier will be paid. While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances. Ultimate Supplier Plotting Checklist 2022.

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

OCTOBER 29, 2019

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. The public needs spend and supplier selection transparency. Why Ivalua for Public Sector?

e2e 113

e2e Procurement Bidding Suppliers 113

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. Enhanced contract visibility. Faster contract creation.

Contract management 130

Contract management Contract supply chain software solutions Management 130

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

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. . Vendor sourcing . Using it will help the procurement team to make the most of the supplier relationship. .

Vendor management 130

Vendor management Management e2e Negotiation 130

Spend Matters

FEBRUARY 13, 2023

Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base. To customers — Everstream Analytics has collected over 3 trillion data points over the last 10 years and processes 8 million sources daily, enabling exceptional risk and predictive analytics for customers.

Risk management 75

Risk management Supply Chain Optimization Risk Supply chain 75

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

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. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges.

Risk management 40

Risk management Risk Suppliers Management 40

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. Strategic sourcing remains critical, especially given our inflationary environment. We’re also seeing that suppliers are no longer being viewed simply as vendors, but strategic partners.

Procurement 106

Procurement Supply Chain Efficiency Category management e2e 106

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. Building strong supplier relationships to encourage favorable contracts and service is also a common goal. Some may not agree with the proposed changes.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

ivalua

OCTOBER 29, 2019

This, in turn, opens the door to powerful analytics engines and AI-fueled applications that can answer increasingly complex questions by pulling data from more than one source or transaction. They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status.

e2e 145

e2e Bidding Contract management Contract 145

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

The Good Spending

APRIL 30, 2023

Smaller companies still have many third-party contracts, not just suppliers - customers, employment, states, etc. It provides a holistic approach to managing contracts and ensures visibility, control, and compliance at every stage. We suggest concentrating on just three topics: CLM is an integral part of the source-to-pay process.

Contract 52

Contract Management e2e Negotiation 52

Pipefy

DECEMBER 20, 2023

This also leads to more advantageous strategic sourcing. Strategic procurement prioritizes planning and strategizing for long-term benefits across the entire procurement process and alignment with business goals, while operational procurement focuses on purchasing and sourcing services strictly for maintaining day-to-day operations.

Supply Chain Efficiency 52

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

Barkers Procurement

JANUARY 26, 2024

Some experts in procurement have asked whether procurement is being overexposed to unstable sources. Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. 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. Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. What are the events impacting the end-to-end supply chain

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement 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. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

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. 2) It will identify potential loss points and strengthen supplier relationships.

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. 2) It will identify potential loss points and strengthen supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52