Procurement Insights

OCTOBER 11, 2023

” – Procurement Insights Research on Composable Procurement I recently read about a very thought-provoking topic – the “Tech-Savvy Collaboration Cure.” This last point will become increasingly important in the emerging “composable procurement” age. What Is Composable Procurement? “

Collaboration 62

Collaboration Innovation Procurement Agile and Lean Supply Chain 62

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. With its strategic advantage, procurement is poised to be the driving engine in our collective journey towards success!

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

procurement is a critical business function that requires a unique set of skills and expertise. To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Arkestro

MAY 9, 2023

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Procurement team 52

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

ivalua

MARCH 14, 2019

Last week, the Ivalua team attended an interesting CPO Round Table organized by the CIPS MENA in Dubai on the theme “Enabling Smart Procurement Today.” Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs. Making Insights Actionable. Increased Capacity for Strategic Thinking.

Procurement 100

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Risk 100

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement. Alex Saric, CMO, Ivalua. That is a shocking disparity.

Procurement 130

Procurement Sourcing Spend management Innovation 130

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. The NfP also has a greater focus on adding social value to a supply chain.

Supply Chain Efficiency 36

Supply Chain Efficiency supply chain budgeting Procurement Ethics 36

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement.

Procurement 130

Procurement Supply Chain Optimization Procurement team Purchasing 130

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

ivalua

DECEMBER 19, 2019

Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report. Ivalua is the Procurement empowerment platform.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

DECEMBER 18, 2019

Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report. Ivalua is the Procurement empowerment platform.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend? Back To Square One?

Change management 59

Change management Management Contract Buyers 59

Procurement Software

JUNE 13, 2023

Knowing which solution is suited to your business and level of procurement maturity is a minefield. SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. I’m referring here to the likes of as SAP Ariba , GEP and Coupa procurement software.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Jaggaer

DECEMBER 2, 2019

After pulling a few strings, we managed to catch Santa on one of his few coffee breaks at this busy time of year to fire five burning questions at the reigning world champion in procurement. For this I need exact timing and a supply chain without any gaps. The post 5 Procurement Questions for Santa appeared first on Jaggaer.

Procurement 65

Procurement Raw materials supply chain budgeting Supply Chain Optimization 65