ivalua

JULY 1, 2025

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

Procurement strategies

ivalua

JULY 3, 2025

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Together, these procurement strategies are essential for robust, efficient business operations. Discover how Ivalua can transform your direct and indirect procurement.

supply chain budgeting

Spend Matters

FEBRUARY 13, 2025

As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,

Influencing

ivalua

JULY 21, 2025

A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.

Real-time Visibility

ivalua

MAY 10, 2025

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.

Supply Chain Efficiency

Supply Chain Game Changer

JULY 19, 2025

Subscribe Digital Procurement Improves Supply Chain! And so are your procurement responsibilities. Sometimes, unforeseen disruptions, whether a natural disaster or an internal planning issue, can throw your procurement process off course. Understanding the most common procurement hurdles can help you navigate them effectively.

Supply Chain Efficiency

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 impact assessment carried out by internal functions along with suppliers.

Risk

SCMDOJO

APRIL 24, 2025

Excess inventory weighs down supply chains. The Hidden Costs of Traditional Inventory Models Traditional inventory models were built for predictability. It aligns inventory with actual demand, reduces warehouse costs, and limits the risk of obsolescence. But in volatile markets, they often backfire.

Demand

Spend Matters

JUNE 24, 2025

Procurement platforms are getting smarter, or most people think so at least. The harder question, though, is if your organization is performing the full scope of e-procurement in a way that delivers control, efficiency and business value? What must e-procurement still deliver? Autonomous requisition flows.

Procurement

Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. In short, AI is making manufacturing procurement faster, smarter and more resilient than ever.

Real-time Visibility

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? Here are some key insights from the e-book.

Supply Chain Efficiency

ivalua

JUNE 24, 2025

If your procurement team is juggling multiple ERP systems, you’re likely spending more time chasing data than driving strategy. All of which diminishes procurement’s impact across your organization. Unified procurement drives real ROI and agility, along with improved compliance.

Procurement

Spend Matters

JANUARY 9, 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.

Procurement

Supply Chain Game Changer

JULY 24, 2025

Subscribe Strategic Supplier Relationship Management – Do’s and Don’ts At any given time, working with the resources of any business depends on procuring the right materials at the right time and at the right cost. Sourcing and procurement take on a meaning that transcends the mere buying of materials or services.

Sourcing

Spend Matters

MAY 27, 2025

Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. This series shapes a five-phase approach to aligning finance and procurement. Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration.

Real-time Visibility

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Supply Chain Efficiency

Arkestro

DECEMBER 5, 2024

So it’s no surprise that the future of manufacturing now lies in a technology that combines all of those high-end innovations: Predictive Procurement. What Is Predictive Procurement and How Is It Reshaping High-Tech Manufacturing? Predictive Procurement is the latest evolution in digital procurement processes.

Supply Chain Optimization

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions

Procurement Insights

JUNE 14, 2025

This integration would transform procurement by enabling predictive orchestration —simulating outcomes while adapting to real-world complexities. Key Benefits for Procurement 1. Cost Efficiency Example: Inventory optimization. Hansen: Factors in procurement staff’s tendency to overorder “just in case.” The result?

Supply Chain Optimization

Procurement Express

MARCH 9, 2025

If you’re managing inventory for your own business or juggling multiple ecommerce accounts, keeping track of purchase orders and stock levels shouldnt feel like a full-time job. It helps you manage inventory, track POs, pay bills, invoice clients, and more, all in one place. By the end of 2024, the remaining inventory is $3,000.

Purchasing

Finale Inventory

JULY 18, 2025

Unlocking Vendor Managed Inventory for Multi-Channel Success In today's commerce landscape, mid-market sellers juggling Amazon FBA, Shopify, and 3PL stock face unprecedented coordination challenges. The vendor managed inventory process reverses traditional ordering dynamics by empowering suppliers with real-time data.

Vendor management

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks.

Supply Chain Efficiency

Jaggaer

FEBRUARY 28, 2025

Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth.

Agile and Lean Supply Chain

Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

Supply Chain Efficiency

Procurement Software

JULY 6, 2025

Cost avoidance in procurement rarely gets the recognition it deserves from CFOs. Despite the industry’s shift toward a broader value-driven view of procurement excellence, most teams are still primarily measured on cost savings. For those of us in indirect procurement, the challenge is particularly acute.

Procurement

SCMDOJO

OCTOBER 23, 2024

This learning platform covers every angle of supply chain management, from demand planning and inventory management to supplier relationship management, procurement, and logistics. Save $49 and Optimize Your Indirect Procurement Functions Now!

Supply Chain Optimization

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. It is now a matter of planning the procurement system and the supply management system outside-in and then look at the true demand to minimize the latency.

Demand

Procurement Software

JUNE 22, 2025

Your poor procurement data probably means you’re losing money without even knowing it. Messy procurement data is the invisible fiend lurking in your business operations, silently draining your resources day after day. You may be carrying weeks of additional inventory that isn’t actually necessary.

Data

NLPA (Next Level Purchasing Association)

JUNE 24, 2025

As AI technology continues to reshape industries, AI and Supply Chain innovations are becoming indispensable to professionals in procurement, logistics, and supply chain management. Imagine a procurement team struggling to manage multiple suppliers with varying reliability.

Supply Chain Efficiency

Procurement Insights

APRIL 8, 2025

MODEL #1 An agent-based model (ABM) within a Metaprise framework offers several advantages over an equation-based intake and orchestration model in procurement: 1. Procurement Insights Equation-Based Models: Expanding these models often requires redefining equations and parameters, making scalability more challenging. Pitt Site 3.

Supply Chain Optimization

Jaggaer

FEBRUARY 5, 2025

This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach.

Strategic sourcing

TYA Suite

JUNE 22, 2025

Procurement has become a strategic function in modern businesses, with growing pressure to manage costs, improve supplier performance, and drive operational efficiency. It transforms raw procurement data into meaningful insights that support both short-term improvements and long-term strategic goals.

Procurement

Supply Chain Brain

JULY 1, 2025

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.

Price

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. Then, there is accounting software that people use to keep track of POs, sacrificing a comprehensive procurement suite for all-in-one convenience. What is Procurement Software? How Does Procurement Management Software Work? Meet compliance requirements.

supply chain software solutions

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Supply Chain Optimization

Procurement Software

JANUARY 12, 2025

No Code Procurement is a phrase I came up with to highlight the many opportunities that are out there to build procurement apps using existing No Code tools. You don’t necessarily need Procurement SaaS to build your own bots or agents. We’re going to look at Reason 2 in this round-up of No Code Procurement Tools.

Procurement

Spend Matters

NOVEMBER 14, 2024

People — The development of SRM skills for procurement and supply chain professionals, without which SRM can’t happen. By forgetting that the R in SRM stands for relationship, Supplier Management organizations are often missing value generated from partnerships with strategic suppliers beyond the traditional remit of procurement savings.”

Suppliers