Spend Matters

DECEMBER 11, 2023

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.

Procurement solutions 74

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 74

ivalua

MAY 17, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! Collaboration is key to a successful solution and we are able to achieve this with innovative partnerships. May 18, 2023 | | Ivalua NOW by Eloise Barnum They say city lights got nothin’ on country nights—and well–they ain’t wrong!

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Written by.

Sustainability 52

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

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

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.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

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

Procurement Software

APRIL 23, 2024

You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend. Can you do spend analysis in an Excel spreadsheet? Mithra-Ai Mithra-AI Solutions B.V.

supply chain software solutions 52

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

ivalua

JUNE 11, 2023

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

Arkestro

JANUARY 4, 2023

Among them were supply chain disruptions , inflation, and supply scarcity and shortages. But if there’s one advantage, it’s that crisis creates change and the potential for innovation. The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. She yearned for someone who could bring her cost savings , efficiency , and strategic value.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. Read his recommendations in eWorld: first dispatch. Read the Ivalua NOW key takeaways here.

Procurement 79

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

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

ivalua

APRIL 5, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! With the same enthusiasm and innovation as always, we gathered together this year to explore a new frontier of possibilities in procurement. Lastly as we look toward the future, we must rethink the way we approach these innovative ideas.

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

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. Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan.

supply chain budgeting 52

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

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. She yearned for someone who could bring her cost savings , efficiency , and strategic value.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

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. The result?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Innovation Supply Chain Optimization 100

Una

AUGUST 31, 2023

As a GPO, Una can promptly and efficiently comb through your spend categories and identify which ones would benefit most from our collection of pre-negotiated contracts. This can help to lower costs and increase efficiency, which can ultimately reduce the risk of financial loss.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. Rich Ham , CEO of outsourced indirect spend management company Fine Tune , puts it really well. CEOs spend very little time thinking about procurement (link) and supply chain in general.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Jaggaer

OCTOBER 22, 2020

Optimizing cost, in the order of a 20-25% reduction on the current situation, is therefore a must in order to survive. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Same applies to your team.

Procurement 130

Procurement Sourcing Spend management Innovation 130

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

Claritum

OCTOBER 3, 2017

As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. Today, Claritum’s cloud based spend management platform streamlines the buying and selling of products and services.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. 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.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

Agile and Lean Supply Chain 52

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

ivalua

DECEMBER 20, 2022

Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. The solution adopted will include Ivalua’s supplier risk and performance management and contract lifecycle management modules and will feature a number of integrations to ensure optimal user experience and maximum efficiency.

Data 130

Data Supply Chain Efficiency Spend management Supply Chain Optimization 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? The acquisition proved to be mutually beneficial for both companies.

Supply Chain Efficiency 52

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

Empowering CPO

JUNE 27, 2023

This is where the power of spend analysis comes into play. A robust spend analysis provides a comprehensive view of your company’s expenditures, helping you identify savings opportunities, enhance efficiency, and ultimately, fuel business growth. Spend analysis plays a vital role in a business.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 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

Pipefy

JANUARY 5, 2023

Digitalization is no longer the leading edge of procurement innovation — it’s the new industry standard. Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Procurement Software

JUNE 13, 2023

Krinati Krinati offers an eSourcing software solution that leverages knowledge management and team collaboration. It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52