Remove Innovation Remove Spend management Remove supply chain budgeting Remove Supply Chain Optimization
article thumbnail

Trax: Vendor Analysis — Transportation Spend Management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Analysis , Procurement Systems & Architecture , Spend Management , Supply Chain , Supply Chain Management , Trade Financing Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Trax, a Transportation Spend Management (TSM) solution.

article thumbnail

Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! Procurement Analysts & Subject Matter Experts: These team members play a vital role in extracting and analyzing data, identifying opportunities for cost savings and process optimization.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Allocate budgets that reflect potential social and environmental impacts and levers.

article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: Coupa

Spend Matters

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know. So, 2024 … are you ready for it? Coupa and our customers are ready.

article thumbnail

Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

article thumbnail

How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

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.

article thumbnail

Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

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.