Procurement Insights

JANUARY 27, 2025

In a previous post , I wrote the following: “With increasing frequency, procurement executives have told me that their successful ProcureTech implementations with smaller, longstanding solution providers are being replaced by more prominent, e.g., bigger providers like SAP Ariba and Workday.

Import 78

Import Procurement Procurement team Data 78

Spend Matters

JANUARY 7, 2025

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

Spend Matters

FEBRUARY 26, 2025

Despite the cold weather, the room was filled with passionate public procurement practitioners and suppliers who were eager to chat and learn. Recent successes include: In 2024, 321 new government procurement teams were onboarded. The State of New York is adopting SOVRAs fee optimization program via the Reconciler tool.

Procurement 119

Procurement Bidding Contract management Data 119

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

APRIL 10, 2025

The new tariff structure introduces sweeping changes to how imports are treated, starting with the US shifting away from Most-Favored Nation (MFN) tariff norms in several instances. This means that proving the origin of goods is now more important than ever.

Procurement 101

Procurement Raw materials Risk Supply chain 101

Spend Matters

FEBRUARY 4, 2025

Ramp recently hosted a panel of seasoned procurement practitioners to discuss and debate next-gen procurement, how procurement should be positioned and approached for businesses implementing a formal process for the first time, and practical steps to stand up a function from scratch. It must be approachable.

Procurement 105

Procurement Purchasing Negotiation Buying process 105

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. Risk planning and mitigation by in-depth project planning.

Risk 113

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 113

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

Spend Matters

DECEMBER 16, 2024

In part 1 of this mini series on tariffs we looked in more detail at what we mean by tariffs and in part 2 we talked about a Procurement action plan. In part 3 we look at the tech that can support Procurement in tariff management. Design-for-Supply part 1, part 2, part 3 and part 4. Visit the site and log in/register to read.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 112

Procurement Tactics

DECEMBER 26, 2022

33 Procurement Interview Questions in 2023. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Combining procurement models. Download Whitepaper →. .

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Spend Matters

FEBRUARY 5, 2025

Procurement has evolved from a back-office function to a strategic driver of innovation and value. These terms are often used interchangeably, but they represent distinct concepts which are important to have in mind: Digitization refers to converting analog information into digital formats, such as scanning paper invoices.

Procurement 115

Procurement Change management Strategy supply chain budgeting 115

Procurement Heads

NOVEMBER 14, 2022

All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehend The Business, Understanding The Procurement Structure and Strategise For The Future. Procurement roles are all about stakeholder management. Comprehend the business.

Procurement 245

Procurement Procurement team Budget Import 245

Procurement Insights

FEBRUARY 14, 2025

September 2005 – It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders starting at the local or regional level. What impact do liquid networks have on procurement and ProcureTech?

Networking 59

Networking Import Procurement Buyers 59

Procurement Tactics

SEPTEMBER 8, 2022

33 Procurement Interview Questions in 2022. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. Do not worry if you do not know operational procurement as this article will help you understand it. The Definition of Operational Procurement.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? In many organizations, procurement is one of the largest areas of spendingbut its also where hidden savings often go unnoticed. This is why procurement cost reduction is not just an option; its a necessity. Why is Cost Reduction necessary in Procurement? The result?

Strategy 40

Strategy Import Procurement Raw materials 40

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement strategies 240

Procurement strategies Sustainability Strategy e2e 240

Procurement Heads

FEBRUARY 15, 2023

James Dobbin , Director of Procurement Heads ’ Financial & Professional Services offering, shares some of the most common reasons for engaging a recruitment agency and the benefits they can bring to your hiring process. An agency can quickly and efficiently source and screen a large pool of candidates, saving you time and resources.

Procurement 246

Procurement Networking Risk Negotiation 246

Spend Matters

MARCH 25, 2025

Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.

Stakeholder engagement 96

Stakeholder engagement Management Procurement Influencing 96

Procurement Heads

JULY 14, 2022

Hayley Packham, Operations Director at Procurement Heads, said, “We are delighted to be partnering with such a forward-thinking organisation as Kaleida. The platform Jason has created is incredibly powerful and, with his passion for this highly important subject, we know our partnership will flourish.”.

Procurement 246

Procurement Leadership Buyers Suppliers 246

Spend Matters

APRIL 29, 2025

This article serves as the executive summary of a six-part series built for finance and procurement leaders aiming to strengthen their organizations cash flow management and liquidity position. Procurement, meanwhile, works to strengthen supplier relationships, capture discounts and reduce total procurement costs.

Real-time Visibility 93

Real-time Visibility e2e Procurement Management 93

Spend Matters

MAY 8, 2025

This article is part of our ongoing series on digital procurement transformation. Now, we turn to selecting the right procurement technology, a clearly essential step for a successful digital initiatives. It is equally important to remain conscious of the people who support the technology you will be using.

Procurement 63

Procurement Cost of ownership Stakeholder engagement Contract 63

Procurement Heads

JANUARY 31, 2023

As specialists in finding and placing top procurement and supply chain talent, we have the expertise and resources to identify the best candidates and help them to make the right hiring decisions. By using a procurement recruitment agency, companies can save time and focus on other important tasks.

Procurement 246

Procurement Networking Quality Supply chain 246

Procurement Tactics

APRIL 11, 2023

In this article, we will discuss first what sustainability in procurement means. We will tackle the common sustainable issues that many businesses are facing in their procurement processes. Once you are done reading this article, you will have a deeper knowledge of the sustainability issues that you may face in procurement.

Sustainability 204

Sustainability Procurement Negotiation Procurement strategies 204

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Tactics

APRIL 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. Then try our Sustainable Procurement Course ! Enroll now!

Sustainability 213

Sustainability Procurement Negotiation Strategy 213

Spend Matters

FEBRUARY 18, 2025

Procurement professionals understand the need for a digital transformation, but they do not necessarily understand what a digital transformation involves. Procurement clearly feels the need for embracing the digital. This leads to partial success at best and failure at worst.

Procurement 87

Procurement Purchasing Suppliers Procurement team 87

Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Procurement Tactics

AUGUST 25, 2022

33 Procurement Interview Questions in 2022. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain Efficiency 244

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 244

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Challenges in Sustainability Faced by Procurement Teams Adopting sustainability in procurement has many challenges that the procurement team must address to aim for sustainability.

Procurement team 216

Procurement team Sustainability Procurement Negotiation 216

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. Export and import of certain hazardous wastes. By Jan-Hendrik Sohn.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. We wanted to ask her what she has witnessed as the main motivator for procurement transformation. Her first piece of advice would be: Dont.

Procurement 75

Procurement Real-time Visibility Change management Data 75

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it?

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

ivalua

JUNE 14, 2023

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

Procurement Insights

APRIL 15, 2025

”, the relationship between human agents and AI agents is pivotal to achieving and maintaining clean data within procurement systems. AI Agents : These are self-learning algorithms and machine learning models designed to analyze data, identify patterns, and automate routine tasks within procurement workflows.

Import 52

Import Collaboration Data Buyers 52