Jaggaer

MARCH 24, 2025

These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management. Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Procurement Insights

APRIL 12, 2025

It aims for 500+ AI skills by 2025, enhancing real-time decisions (Forbes, Jan 21, 2025). SIDE NOTE: What Self-learning algorithms are they using to analyze suppliers, e.g., historical and real-time? Its agents handle real-time spend analytics under tariff volatility (Emergen Research, Feb 1, 2024).

Real-time Visibility 52

Real-time Visibility Ethics Contract Suppliers 52

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Improved efficiency and cost reduction A company's operations, efficiency, and lead times can be greatly improved via strong cooperation with its suppliers.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Procurement Insights

FEBRUARY 18, 2025

Impact on PO Automation & Collaboration: Difficulties in real-time data exchange for PO confirmations, shipment tracking, and pricing updates. Solution Trend: Increased use of AI-driven procurement tools that enable automated order matching, supplier self-service portals, and real-time PO updates.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Jaggaer

APRIL 9, 2025

Direct material management oversees the sourcing, procurement, storage, and flow of raw materials, components, and subassemblies. This ensures just-in-time (JIT) or just-in-sequence (JIS) delivery to reduce inventory costs. Direct material management involves demand forecasting, inventory control, and warehouse operations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Example: A global manufacturer unified JD Edwards, NetSuite, and IFS workflows using agents, reducing procurement cycle times by 35%.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

TYA Suite

MAY 23, 2025

The software automates key tasks such as collecting and validating vendor information, ensuring compliance with regulatory standards, managing contract approvals, and setting up payment terms. By automating these processes, businesses can reduce human error, improve data accuracy, and accelerate time-to-market for new products and services.

Real-time Visibility 40

Real-time Visibility Suppliers Risk Data 40

Let's Talk Supply Chain

APRIL 20, 2025

This collaborative approach ensures better risk management, cost-efficiency, and‍ overall compliance with trade regulations. Until next time, remember - compliance is not just an ‍obligation, but a strategic advantage.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 52

TYA Suite

MAY 23, 2025

This statistic shows a real and common problem in many companies today. Now let's discuss how the right software can solve these problems and bring real value to your business. Vendor lifecycle management refers to the process of managing a vendors relationship with your business from the very beginning to the end of the contract.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? It should be considered an essential part of an organization’s wider risk management strategy. What are the benefits of supplier risk management?

Risk management 52

Risk management Risk Suppliers Management 52

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

SCMDOJO

JUNE 17, 2024

Port congestion at the main global crossroads in recent times has revealed the susceptibility of supply networks to logistical constraints. Monitoring and Reviewing: Keep a close eye on risk indicators and ensure risk management strategies are updated and function regularly.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

TYA Suite

MAY 13, 2025

It ensures that every team has the right resources at the right time, without delays or extra costs. Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities. This benefit contributes to long-term growth and ethical business practices.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

SCMDOJO

APRIL 24, 2024

Whether it will be worth it, only time will tell. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. An expensive one, we dare say.

Supply Chain Efficiency 85

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 85

IBM Supply Chain Blog

FEBRUARY 19, 2024

They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 126

Procurement contracts Contract Procurement Negotiation 126

IBM Supply Chain Blog

MAY 1, 2024

Here are some ways generative AI is transforming supply chain management: Sustainability Generative AI helps to optimize companies’ supply chains for sustainability by identifying opportunities to reduce carbon emissions, minimize waste and promote ethical sourcing practices through scenario analysis and optimization algorithms.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. Embrace Technology: Digital Transformation in Procurement Modern procurement technology is like a sophisticated GPS for resource managementproviding real-time insights, predictive analytics, and streamlined workflows.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

IBM Supply Chain Blog

OCTOBER 16, 2023

An AI governance framework ensures the ethical, responsible and transparent use of AI and machine learning (ML). It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Foundation models can use language, vision and more to affect the real world.

Risk 70

Risk Management Ethics Real-time Visibility 70

IBM Supply Chain Blog

FEBRUARY 13, 2024

The following are examples of strategic sourcing use cases: Transparency and traceability From fast fashion to fluorite, consumers and stakeholders are keyed into product provenance—expecting brands to uphold ethical, responsible sourcing practices. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 112

Procurement strategies Innovation Strategy Procurement 112

Procurement Heads

MAY 3, 2023

It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations. It has actually allowed me to be able to educate people and give procurement a voice.

Real-time Visibility 130

Real-time Visibility Negotiation Price Procurement 130

Procurement Heads

MAY 3, 2023

It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations. It has actually allowed me to be able to educate people and give procurement a voice.

Real-time Visibility 130

Real-time Visibility Negotiation Price Procurement 130

TYA Suite

SEPTEMBER 25, 2024

However, the is fraught with risks that can impact a company’s bottom line and operational efficiency. Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. Understanding these risks is the first step toward effective procurement risk management.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Perhaps, opportunities to drive profitability within your organisation; develop environmental or ethical initiatives; or engage with suppliers to develop stronger business relationships? 1 Introduction. Governance.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

World of Procurement blog

MAY 8, 2024

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Its strategic importance stems from its impact on profitability, efficiency, risk mitigation, and competitiveness. Processes like purchase order creation, invoicing, and expense reporting can be automated to save time and reduce errors.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Proactive risk management prevents major losses. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. It improves product availability and order fulfillment rates.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Empowering CPO

JULY 3, 2023

These methods often involve manual, time-consuming processes, a lack of transparency in supplier relationships, and difficulty in managing and analyzing large volumes of procurement data. One of the ways we bring innovation to managed procurement services is through the use of advanced technology.

Innovation 52

Innovation Strategy Procurement Management 52

HICX

AUGUST 17, 2023

Organizations that utilize supplier performance management can track supplier performance against agreed-upon KPIs, including ensuring that quality standards are maintained, deliveries adhere to agreed-upon delivery schedules and that ethical practices are followed.

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Arkestro

MARCH 27, 2024

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. You can unsubscribe at any time.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Empowering CPO

MAY 6, 2023

The Growing Influence of Technology in Procurement The rise of digital technology has had a profound impact on procurement, revolutionizing the way organizations manage their supply chains and make strategic decisions. Sustainability and Ethical Sourcing A.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Improved data accuracy: Digital systems reduce the risk of human errors, ensuring accurate data for better decision-making.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52