ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

NLPA (Next Level Purchasing Association)

JULY 20, 2023

It involves analyzing, planning, and executing activities aimed at maximizing value while minimizing costs. By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Procurement Insights

DECEMBER 6, 2023

.”” Here is the first post on Zycus – “ Doing What Comes Naturally: Accessing Zycus Spend Management Innovation Through A Simplified and Practical User Interface (Zycus Inc. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

Raw materials 61

Raw materials Price supply chain budgeting Supply Chain Efficiency 61

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Una

APRIL 25, 2023

Pain Points in Procurement Series Why Professionals are Always Time-Poor in Procurement Stop struggling with being time-poor in procurement and pave the way for bigger projects, more strategic thinking, and better innovation. Pressure to reduce costs Procurement functions are often under pressure to reduce costs to increase profitability.

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Una

JANUARY 8, 2024

They know how to discover niches in the business where they can best add targeted value, and they see supplier relationships as a value-creating goldmine rich with the potential for innovation and competitive advantage. You snag a bunch of budget-friendly printers without considering the long game. So, how can procurement help?

supply chain budgeting 52

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

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Procurement professionals who can define, execute and implement strategic planning processes are required for resilient and innovative procurement functions. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

ivalua

NOVEMBER 7, 2019

Redwood City, CA – November 7, 2019 – Ivalua, a global leader in spend management , today announced a range of new innovations that enable direct material procurement and supply chain leaders to launch more profitable, successful products.

Innovation 22

Innovation Bill of materials Supply Chain Efficiency Management 22

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. It’s a critical process that can offer an abundance of insights about your company’s spending patterns.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

ivalua

FEBRUARY 17, 2021

February 17, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year in 2020. Empowering Procurement & Supply Chain Leaders Across the Globe. in “The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.”.

supply chain budgeting 49

supply chain budgeting Agile and Lean Supply Chain Innovation Supply Chain Efficiency 49

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. On the one hand, cost avoidance is a pretty widely accepted concept of value when purchasing capital equipment.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. On the one hand, cost avoidance is a pretty widely accepted concept of value when purchasing capital equipment.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

ivalua

FEBRUARY 13, 2019

12, 2019 — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced another record year. Success was driven by accelerating customer acquisition, continued industry-leading customer retention rates, geographic expansion and dynamic solution innovations. ” Accelerating Innovation.

Bill of materials 35

Bill of materials supply chain budgeting Supply Chain Efficiency Innovation 35

Empowering CPO

JUNE 25, 2023

Introduction In the world of procurement and supply chain management, the quest for efficiency and cost savings has led organizations to embrace several strategies. Among these, Spend Analysis stands as a powerful and effective approach.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Contract Purchase orders 52

ivalua

MAY 18, 2022

Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. Gain control of your supplier data.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Contract and compliance management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

MARCH 11, 2020

Improving efficiency by some level. Ikea is a leader with plans to ensure a sustainable supply chain. Many changes can reduce costs or reduce risk at the same time as delivering improved CSR. Digitization of Procurement and supply chain is an area that is ripe for incrementalism. And so on. .

supply chain budgeting 130

supply chain budgeting Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

ivalua

JUNE 28, 2021

Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The findings show late payments are having a knock-on effect across the supply chain.

Risk 130

Risk Suppliers supply chain budgeting Innovation 130

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Planergy

OCTOBER 4, 2022

But how can businesses effectively manage this data? This innovative field uses sophisticated algorithms and techniques to extract insights from large data sets. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. One solution is to use big data analytics.

Data 52

Data Import supply chain software solutions Quality 52

Procurement Software

FEBRUARY 20, 2024

Despite a slowdown in funding and a cautious economic outlook, there’s plenty of innovation in this space. Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. You can configure costs based on your spend and number of data points to be analysed.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Are you focused on cost reduction, innovation, sustainability, or a combination? Step 2: Analyze Your Spend : Spend analysis is crucial. This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness. Introduction A.

Procurement 52

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

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It enables users to allocate, manage and monitor budgets. Krinati Krinati offers an eSourcing software solution that leverages knowledge management and team collaboration.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Pipefy

JANUARY 5, 2023

Digitalization is no longer the leading edge of procurement innovation — it’s the new industry standard. Businesses of every size and in every industry are using digital procurement to standardize processes, unify systems, and contain costs. Nowhere is this more true than in the challenges to the supply chain.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Jaggaer

JULY 18, 2019

A: Cost is a huge factor in determining what technologies and tools your company uses. In fact, our report found that insufficient budget was the single biggest obstacle to moving forward with digital transformation. Keeping up with the latest innovations means you will be better positioned to take the next step when the time comes.

Procurement 40

Procurement Agile and Lean Supply Chain supply chain budgeting Innovation 40

Pipefy

DECEMBER 18, 2023

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. This outsourced work not only leads to incurred costs, but it also leads to incurred risks. A lack of agility or flexibility with existing tools was also listed.

Procurement 52

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