Bonfire

APRIL 3, 2023

No support for strategic sourcing: ERP systems don‘t offer support for strategic sourcing, which is critical for optimizing spend and driving savings. They’re not tied in to co-op and piggyback sourcing opportunities, and they can’t bring all your sourcing data together to help you make better purchasing decisions.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

ivalua

APRIL 19, 2022

Director Strategic Sourcing Digital & Functional Transformation, . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner. Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization Eprocurement Innovation 130

ivalua

AUGUST 5, 2019

With Ivalua already positioned as a Leader in the latest Gartner Magic Quadrant for Strategic Sourcing Application Suites, Ivalua is now recognized as a Leader by Gartner in two Magic Quadrants citing the Source-to-Pay space. Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. Gartner Inc.,

Procurement 20

Procurement Strategic sourcing Strategic sourcing Eprocurement 20

ivalua

AUGUST 5, 2019

With Ivalua already positioned as a Leader in the latest Gartner Magic Quadrant for Strategic Sourcing Application Suites, Ivalua is now recognized as a Leader by Gartner in two Magic Quadrants citing the Source-to-Pay space. Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. Gartner Inc.,

Procurement 20

Procurement Strategic sourcing Strategic sourcing Eprocurement 20

ivalua

MAY 6, 2020

Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The first, authored by Duncan Jones and published on December 10, is The Forrester Wave : eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ).

Sourcing 130

Sourcing Eprocurement Contract Suppliers 130

Una

DECEMBER 20, 2022

Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. A strategic sourcing strategy is key to ensuring vendors with the potential to deliver the most value. The more details of each transaction that are included, the better. Una can help.

Management 98

Management Buyers Procurement team Contract 98

Jaggaer

OCTOBER 24, 2024

With the right supplier management tools , you can empower your procurement team to assess suppliers based on critical factors such as risk, sustainability, and real-time performance. A leading strategic sourcing solution should give you a 360° view.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

JANUARY 21, 2020

One way or the other, eSourcing is still utilized as a support, or e-enablement to the strategic sourcing cycle, which means it’s a function is heavily rooted in prospecting, qualifying, selecting, and onboarding suppliers digitally. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized).

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

Jaggaer

DECEMBER 13, 2024

What is Source-to- Pay ? Source-to- P ay refers to a broad strategic approach that encompasses not only the transactional end of procurement but also strategic sourcing, contract management, supplier relationship management, spend visibility, and procurement analytics. So lets look at each in turn.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

CPO Rising

MAY 6, 2024

IBX was primarily an eProcurement/marketplace provider, but it also resold an eSourcing solution called Emptoris (later acquired by IBM and subsequently sunsetted) where […] As I’ve mentioned before, my procurement technology career began years ago in eSourcing.

Eprocurement 40

Eprocurement Procurement Chief Procurement Officer Strategic sourcing 40

Bonfire

MARCH 17, 2023

Our panelists included: Hend Salem , Manager of Strategic Sourcing – Non Clinical at The Ottawa Hospital Carol Izzio , Director of Procurement at Sheridan College Christine McParland , Director of Residence and Ancillary Services at St. “We Get eProcurement with compliance built-in. Everyone has to buy in.”

Risk management 52

Risk management Risk Management Procurement 52

Jaggaer

APRIL 21, 2020

The creation of a focused strategic sourcing team with deep spend analysis expertise was step one. Before starting the procurement transformation, only 6 percent of the State of Georgia’s spend was under management. Very few purchases could be measured using vendors with which the state had negotiated contracts or discounted pricing.

Procurement 52

Procurement Eprocurement Contract Negotiation 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Consider these courses and resources from NLPA: Data Analytics for Procurement Professionals Microsoft Excel for Purchasing Professionals Excel Basics for Buyers Strategic Sourcing Optimization: Justification : Applying strategic sourcing principles, including category management, supplier segmentation, and Total Cost of Ownership (TCO) analysis, optimizes (..)

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 8, 2019

One way or the other, eSourcing is still utilized as a support, or e-enablement to the strategic sourcing cycle, which means it’s a function is heavily rooted in prospecting, qualifying, selecting, and onboarding suppliers digitally. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized).

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

ivalua

NOVEMBER 26, 2019

If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example). For advanced respondents looking to build a competitive advantage, the top obstacles are integration of S2P tools followed by Procurement’s change resistance (13%). Plan to avoid those.

Procurement 100

Procurement Sourcing Spend management Innovation 100

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Exploring Innovative Procurement Models A. Case Studies of Innovative Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions.

Procurement 140

Procurement Contract Risk Suppliers 140

Pipefy

JANUARY 31, 2023

E eProcurement system Software or Web portal procurement systems used to carry out the procurement process (requisitioning, ordering, and purchasing goods and services) online. eProcurement automates time-consuming manual tasks like evaluating suppliers and sourcing and ordering items.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

Streamline procurement activities and reduce costs by using eProcurement and Internet Reverse Auctions. • It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Procurement Software

JUNE 13, 2023

CF Suite, Curtis Fitch’s procurement software, offers a complete sourcing and contract-management solution. It takes care of the full eProcurement lifecycle. It combines four specialist procurement platforms: CF Insight, CF Source, CF Contracts, and CF Analytics.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. eProcurement 6.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

CPO Rising

JULY 22, 2024

[**Over the next few weeks, we’ll be running “best of” Magnus Mondays posts, reprising some of the most popular topics of the series. Magnus returns with new content in August.]

Chief Procurement Officer 40

Chief Procurement Officer Strategic sourcing Strategic sourcing Eprocurement 40

CPO Rising

JANUARY 22, 2024

When I first started reading CPO Rising more than a decade ago, I remember Ardent’s founder and chief research officer, Andrew Bartolini, introducing the concept of eSourcing 2.0: The idea that if a supplier negotiation required a contract, the negotiation should be captured electronically — and ideally — by an eSourcing tool.

Supplier negotiation 40

Supplier negotiation Negotiation Contract Suppliers 40

Bonfire

MARCH 24, 2022

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. The very last project I worked on really opened my eyes to the promise of eProcurement. Driving impact with eProcurement. Reflecting on the journey.

Eprocurement 52

Eprocurement Competitive bidding Procurement team Procurement 52

Procurement Insights

JANUARY 19, 2025

Comprehensive eProcurement platforms were not yet prevalent. PeopleSoft eProcurement : Before its acquisition by Oracle, PeopleSoft offered eProcurement solutions that streamlined purchasing processes for organizations. Key Features : AI-driven analytics for strategic sourcing.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency e2e Supply Chain Optimization 52