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Organizations navigating increasingly complex global networks have discovered that integrating sustainable practices has multiple key benefits. Sustainability can drastically slash waste, streamline operational efficiency, and even improve employee engagement.
On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists. These lists mark the 11 th year in which Spend Matters highlights the best in procurement technology development and innovation.
Strong vendor relationships are essential for operational success in the fast-paced corporate world of today. Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.
Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
In this episode of The Procurement Software Podcast, host James Meads interviews Dan Gianfreda, the new CEO of DeepStream, to explore how procurement teams can move from reactive to proactive tech adoption. Focusing on key procurement challenges and organisational maturity, Dan shares actionable insights to help procurement leaders make smarter, value-driven technology decisions aligned with their team's capabilities.
A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.
Companies require effective tools to manage their sales activities in today's competitive business world. To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. Sales teams may use this technology to save time and cut down on mistakes, which will eventually improve customer happiness and boost income.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Companies require effective tools to manage their sales activities in today's competitive business world. To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. Sales teams may use this technology to save time and cut down on mistakes, which will eventually improve customer happiness and boost income.
The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher.
Here are a few empirical observations regarding ProcureTech solution providers and AI, GenAI, AgenticAI, and AIAIoh: 90% of solution providers’ demos start with a reference to AI Most – not all, mind you, but most emails I receive have AI somewhere in the headline or subject field. Here are a couple that found their way into my inbox in the past couple of hours: What Every CEO Must Know About Using AI to Build Trust in the Age of Skepticism The Evolution of Multimodal AI: Integrating
Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , ivoflow, Covalyze, Halo Ai and True Value Hub. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative applic
EU ETS Requirements & Compliance Risks The European Union’s Emissions Trading System (EU ETS) is a market-based mechanism established in 2005 to reduce greenhouse gas emissions. It sets a cap on total emissions and allows companies to buy and sell emission allowances within that cap. Over the years, the EU ETS has undergone several reforms to increase its effectiveness.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
In today’s competitive business landscape, optimizing supply chains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management. Fixed assets, such as machinery, equipment, and vehicles, are essential for businesses to operate smoothly.
A couple of weeks back I had the great pleasure of joining our friends at the SAP Spend Connect Live event in Las Vegas. It was great to see category management being consistently raised as a key topic by the keynote speakers. This reflects the emphasis that SAP is placing on their relatively new product in this space. It was clear from the sessions that I attended how much emphasis and investment is being made in the product and that there are significant developments in the pipeline – includin
As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up — October 30, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Last week’s World Sustainability Congress in Amsterdam was an energising experience for many reasons and a reminder of the huge amount of work that CPOs must do to ensure we progress against ESG targets. I was fortunate to have the role of cohost for the event and was left inspired by the level of passion in the room. But I am also convinced that we must do more as a procurement community and profession to accelerate progress.
Press Releases / Arkestro Joins the AWS Partner Network to Amplify Procurement’s Influence Arkestro Joins the AWS Partner Network to Amplify Procurement’s Influence The leader in Predictive Procurement Orchestration (PPO) joins the AWS Partner Network to redefine procurement’s role in business growth. SAN FRANCISCO, CA, October 30, 2024 – Arkestro is excited to announce it has joined the Amazon Web Services (AWS) Partner Network (APN), a global community of AWS Partners that le
In this Spend Matters Vendor Analysis we provide an overview of Onventis and its solution for source-to-pay (S2P). Source-to-pay solutions allow organizations to streamline how they manage their procurement lifecycle from start to finish. S2P suites typically cover sourcing, supplier management, contract management, spend analytics, AP automation and e-procurement.
In today’s world where globalization and innovation are critical to competitive survival, chief procurement officers rely on supplier specialization more than ever. Never have suppliers been more consequential and with… The post Vendor Management Remains Core to Enterprise Innovation appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Regardless of the reasons or for that matter the degree, of the pending talent crunch or vacuum as I like to call it, a successful procurement practice is built upon the commitment (some would say passion) of its personnel. Even though I often refer to the continuing high rate of e-procurement initiative failures, there are examples (however rare) of successful programs.
In many organizations, purchasing goods and services can be a tangled web of emails, paper forms, spreadsheets, and approval bottlenecks. These manual processes are not only time-consuming but can also lead to lost requisitions, budget overruns, and lack of visibility into spending. Employees often struggle to track request statuses and chase approvals, while finance teams work to maintain control, slowing operations and increasing financial risks.
Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.
During the last couple of weeks, I’ve attended a few great conferences (shoutout to Zip, Keelvar, DPW and SAP). Several discussions and observations from these conferences point to how the… The post Magnus Mondays — Services and CoEs in a Next-Gen Procurement Tech World appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Michael Lamoureux – okay, gloves off When you read the following post , keep one word in mind: solipsistic! Many factors will contribute to the AI Bubble Burst in 2025, which will be more challenging in some ways but concentrated on specific industries. A big part of that is because most solution providers have these fatal flaws: They continue to use a tech-first equation-based development and implementation model.
Logistics equipment plays a vital role in the efficient operation of warehouses and distribution centers. By selecting the right equipment, businesses can optimize storage capacity, improve productivity, and ensure the safe and timely delivery of goods. This guide explores a range of logistics equipment, from storage solutions and transportation tools to facility equipment, packing solutions, technology systems, and safety gear.
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. 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.
Last year, Halloween brought neighborhoods to life with lookalikes of Barbie, Spider-Man, and Indiana Jones lookalikes, all inspired by the year’s top trends.
Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.
Is Data Governance on a collision course with Corporate Governance? I submit it may be. The rationale is that the following perceptions (fair or unfair, true or false) will take root at the executive level: – Data Governance focuses on technology – data catalogs. – Data Governance does not know how to / will not do effective data policy work. – Data Governance does not know how to / will not communicate. – Data Governance is not attuned to administration of a steady
As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Although the underlying capabilities vary from one segment to another, the high-level capabilities can be divided into: Enabling and supporting capabilities: Risk data modeling (breadth, depth, granularity); Best practices and guidance (as a service and in the application); Analytics and AI for simulations and reporting; Orchestrat
Whenever I find out that a company – or a person – decided to do something new in 2020 or. The post Creating a B2C to B to C Improvement Cycle at Walmart Business appeared first on Art of Procurement.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
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