Procurement Insights

JANUARY 3, 2025

Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Procurement is no longer judged solely on cost savings but also on metrics like risk mitigation, supplier diversity, and innovation impact.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

TYA Suite

MAY 23, 2025

That is why an increasing number of firms are using Vendor Lifecycle Management Software. This kind of software helps by keeping all vendor information in one central system. Now let's discuss how the right software can solve these problems and bring real value to your business.

supply chain software solutions 40

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

Skill Dynamics

FEBRUARY 11, 2025

Risks are guaranteed when dealing with a supply chain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supply chain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.

Supply Chain Efficiency 52

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

Procurement Tactics

SEPTEMBER 19, 2022

Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supply chain consulting firms are. What is Sustainability in Supply Chain?

Sustainability 130

Sustainability supply chain software solutions Supply chain Supply 130

Let's Talk Supply Chain

APRIL 20, 2025

In the intricate ‍web of global trade, ‍navigating through tariffs and supply chain compliance can feel ‍like threading a needle in a storm. However, understanding the crucial role of supply ‍chain and compliance in tariffs can serve as a guiding light in this complex terrain.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 81

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

Procurement Templates

MARCH 7, 2024

Contract management: Procedures for drafting, negotiating, executing, and monitoring contracts to ensure compliance with terms and conditions, as well as regulatory requirements.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

MAY 30, 2023

Procurement managers are professionals who have a crucial role in the success of an organization. They are responsible for managing the procurement activities of the organization and play a critical role in the supply chain. Also, procurement managers build and maintain relationships with suppliers.

Management 178

Management supply chain budgeting Procurement Negotiation 178

Jaggaer

FEBRUARY 5, 2025

Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. Furthermore, eSourcing software can help review the contract terms and conditions against a predefined checklist to ensure there are no red flags, like missing clauses, discrepancies, or unfavorable terms.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

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

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Everything about Certa.ai

Supply Chain Efficiency 40

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

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation? Sustainable/ethical procurement.

Category management 107

Category management Management Supplier relationship management supply chain software solutions 107

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

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

Let's Talk Supply Chain

AUGUST 12, 2024

Today I’m joined by innovative software brand, Altana. With a vision of global commerce rebuilt around collaborative, resilient, secure, and sustainable value chains, they’re on a mission to fix globalization. We need to create a ‘Google Maps’ of the world’s supply chain. 52.14] The future for Altana.

supply chain software solutions 52

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

Jaggaer

APRIL 22, 2019

Procurement teams are in a unique and important position to drive such initiatives forward as these improvements are only possible through actions taken in the supply chain. And there’s a payoff: procurement teams are most concerned with cost savings and risk management, both of which can be addressed by sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Think classroom supplies, laboratory equipment, educational software, and learning resources. Before doing anything, conduct thorough software evaluations, prioritizing user-friendly interfaces and strong data security measures. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Insights

MAY 21, 2025

Agility in Volatility: Real-time adjustments to demand spikes, supply shortages, or ESG regulations ensure continuity. Difficulty Engaging Stakeholders Human-AI Collaboration: Procurement teams override AI decisions for ethical or strategic exceptions (e.g., There is more to e-procurement than software! next-day delivery (vs.

supply chain budgeting 52

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

Planergy

MARCH 19, 2025

Modern Spend Management and Accounts Payable software. Cost Efficiency: Thoughtful management helps schools meet financial goals by eliminating waste. Schools thrive when predictable and reliable supply chains foster a stable learning environment. Proper risk management protects against these situations.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

TYA Suite

MAY 13, 2025

Over time, these enhanced collaborations improve supply chain stability and can even lead to co-innovation opportunities. Increased sustainability and ethical sourcing Modern businesses are increasingly aware of their environmental and social impact, and operational procurement management is at the forefront of this change.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

The Procuretech Podcast

MAY 24, 2022

This week we're talking about supply chains. More specifically, where does the line lie between procurement and supply chain? Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? He says yes, definitely.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

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. 32.00] The future for Blume.

Real-time Visibility 52

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

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

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

IBM Supply Chain Blog

FEBRUARY 13, 2024

Code generation : Software developers and programmers use generative AI to write code. This includes technical documentation, user manuals and other relevant materials that accompany software development. This challenge is expected to give rise to new marketplaces centered around ethical data sets.

Data 118

Data Ethics Quality Project management 118

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 71

Leadership Strategy Supply Chain Efficiency supply chain software solutions 71

SCMDOJO

JULY 11, 2023

If you’re considering a career in supply chain management , you may be wondering about the potential salary you can expect. Watch this vlog to understand Why Supply Chain Management is a Great Career Choice. Watch this vlog to understand Why Supply Chain Management is a Great Career Choice.

Supply chain management 40

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 40

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. A questionnaire is one method to capture priorities that can be boiled down to Risk/Security, Ethics, EDI, Community and Carbon.

Procurement strategies 112

Procurement strategies Innovation Strategy Procurement 112

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

HICX

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. What is Supplier Performance Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 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.

Risk 70

Risk Management Ethics Real-time Visibility 70

World of Procurement blog

JANUARY 19, 2022

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. With better data comes more precise insights into your Supply Chain.

Agile and Lean Supply Chain 52

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

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. Ethical and Sustainable Procurement Source from suppliers who follow ethical labor practices and treat workers fairly.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 9, 2023

Increasingly we are also seeing companies making social and ethical responsibility a key strategic imperative. Watsonx.governance is designed to help businesses manage their policies, best practices and regulatory requirements, and address concerns around risk and ethics through software automation.

Ethics 71

Ethics Risk Data Management 71