Spend Matters

MARCH 27, 2024

In fact, more than 80% of CPOs, it states, indicated that digital transformation is a top priority, with a specific focus on GenAI, because “… AI tools can help procurement professionals identify trends and patterns that are otherwise impossible to tease out, thereby enabling more informed decisions from supplier selection to contract negotiation.”

Procurement 80

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 80

Spend Matters

NOVEMBER 16, 2023

In this series of articles, we explain what these vendors offer, why they are likely to become future members of our ’50 Procurement Providers to Watch’ and ’50 Procurement Providers to Know’ lists and what challenges they may face. Any threats or challenges ahead?

Procurement 84

Procurement Suppliers Sustainability Innovation 84

Procurement Heads

APRIL 5, 2023

How did you get into procurement? So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Heads

APRIL 5, 2023

How did you get into procurement? So, they had created this whole business case, and they started talking about what was possible from a procurement perspective but had missed the whole point about stakeholder engagement and business requirements going forward. I sometimes wonder actually, how did I end up here?

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Tactics

AUGUST 31, 2022

33 Procurement Interview Questions in 2022. E-Invoicing — Everything You Should Know. E-invoicing changes the way payments and billings in procurement are done. However, we are sure that not all of you know about this. However, we are sure that not all of you know about this. First Name. ENROLL NOW.

supply chain software solutions 130

supply chain software solutions Procurement supply chain budgeting Supply Chain Efficiency 130

Procurement Heads

JUNE 6, 2023

Could you tell us a bit about yourselves? Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. Again, predominantly in procurement.

Contract management 130

Contract management Contract Supply Chain Efficiency Procurement 130

Procurement Heads

DECEMBER 15, 2022

For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement?

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Procurement Templates

JANUARY 17, 2024

Criteria: Procurement plays a key role in leading demand management across the organisation with clear benefits as a result.Demand management improvement opportunities have been identified and a prioritised, structured plan is in place to address.Evidence of some benefits achieved is available. DM reported at a senior (i.e. SMT) level.

Demand 130

Demand Management Buyers Purchasing 130

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. However, how do you forecast effectively?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Una

APRIL 18, 2023

Building Dynamic Teams in Procurement How effective leaders can use trust, diversity and inclusion to build dynamic teams in procurement and transform the way the function operates. It might seem like an exaggerated comparison, but when you think about it, procurement and the military have a lot in common.

Procurement 98

Procurement Procurement team Leadership Supply Chain Optimization 98

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. What if procurement wasn’t just about cutting costs and securing deals?

supply chain budgeting 52

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

ivalua

NOVEMBER 14, 2019

Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy. It includes best practices for moving to a modern model for supplier master data ownership and maintenance, so you’ll want to get your copy. That’s significant.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Spend Matters

SEPTEMBER 12, 2023

The term ‘intake management’ has existed for years in a procurement context, but only relatively recently has its role become firmly implemented within the source-to-pay (S2P) software market. S2P platforms will evolve to have intake management capabilities and will strengthen their workflow engines and integrations capabilities.

Management 94

Management Sourcing Data Procurement 94

Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? Here I am, 18 years later having led major procurement transformations in three international companies: British American Tobacco, Heineken and Nestle. Soon after, a great opportunity came with Heineken global procurement whose headquarters is in Amsterdam.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

ivalua

NOVEMBER 23, 2020

It would be hard to overstate the impact of Covid-19 on organizations of practically every type. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter. Industries that were prospering until last year are in bankruptcy now. Supply chains have been badly disrupted. Lesson One.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply Suppliers 130

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Spend Analytics tech capabilities What’s the state of the procurement technologies in the market today and do they meet user demands? What does a Spend Analytics solution do?

Real-time Visibility 75

Real-time Visibility Data e2e Quality 75

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. What type of AI is used – Supervised or Non-Supervised? What is the Accuracy of the Model?

Supply Chain Efficiency 93

Supply Chain Efficiency Procurement Agile and Lean Supply Chain supply chain software solutions 93

ivalua

MAY 19, 2022

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. But why is this so important for business, and what does it mean for prospects and customers? This blog will answer these questions plus a few more.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Procurement Tactics

FEBRUARY 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Ultimate 2023 Negotiation guide — A Comprehensive Overview Negotiation is part of our everyday life. However, they may pause to think about how various proposals would affect people outside the agreement.

Negotiation 130

Negotiation Influencing Strategy Import 130

Procurement Insights

OCTOBER 20, 2023

– To learn more, read PeerSpots’ detailed Amazon AWS vs. Over the years I have written a great deal about why “traditional” ERP-based procurement solutions have, with a predictability that is almost as certain as the sun rising every morning, failed to deliver the expected results.

Real-time Visibility 65

Real-time Visibility Buyers Eprocurement Procurement 65

ivalua

MAY 21, 2020

If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Dawn will be presenting a thought-leader keynote titled “Leadership in Uncertain Times” at Ivalua NOW , the premier virtual event for procurement leaders, on May 5.

Leadership 130

Leadership Eprocurement supply chain software solutions Supply Chain Efficiency 130

Procurement Software

FEBRUARY 21, 2023

What do Procurement Software, G2 and Capterra do? Procurement Software, G2 and Capterra are all software comparison websites. All three offer different features which allow the user to compare and contrast different types of procurement software products. How is Procurement Software different? I think not.

Procurement 59

Procurement Influencing Contract Contract management 59

Positive Purchasing

SEPTEMBER 5, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan works with global blue-chip organizations to help transform their procurement capability. So, we did a swift 90º proposition reboot and became a business helping big global organizations be really good at procurement and negotiation.

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

The Good Spending

AUGUST 23, 2022

Procurement value demystified Unfortunately, "procurement value" became another buzzword – everyone tells us to generate, capture, and sustain it. Perhaps, for those who know what the truth is, the value is equally apparent. Value is paramount to procurement evolution. The meaning of value Value is not substantive.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Value Match

OCTOBER 16, 2023

It’s not likely one will act on something they may not care about, and it’s certainly impossible to act on something one doesn’t know exists. It’s not likely one will act on something they may not care about, and it’s certainly impossible to act on something one doesn’t know exists.

Sustainability 52

Sustainability Bidding Contract Supply chain 52

Planergy

JANUARY 19, 2024

Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Procurement Software

APRIL 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. There’s plenty of digital procurement solutions out there for every budget. Let’s dive in.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Una

FEBRUARY 22, 2023

How to Use GPOs as a Cost Savings Strategy Discover how procurement leaders can join a GPO and use group purchasing as a cost savings strategy to deliver continued value. Procurement leaders face similar challenges when the pressure to deliver cost savings is unrelenting and you feel like you’re running out of options.

Strategy 52

Strategy Purchasing Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

FEBRUARY 17, 2023

There are many negotiation tools that are deployed by procurement organizations. This method may generate good results for categories where multiple vendors are available and for categories that bend towards being commodities with very low proprietary know-how and technology involved. What skill sets are required?

Negotiation 52

Negotiation Raw materials Procurement Contract 52

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. The one I use is 5P as it provides a practical, tried, tested and scalable framework and governance model.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

The Procuretech Podcast

SEPTEMBER 14, 2021

Procurement volumes have massively shifted from goods to services over the past 10 years, as young tech companies have grown into major corporate entities. A services e-sourcing platform needs to be more flexible, due to the very diverse range of products being purchased under the different types of services.

Management 52

Management Procurement team Contract Purchasing 52

Una

AUGUST 16, 2022

How to Procure Cloud Services for Business Use. Think about it this way: a cloud provider’s market reputation absolutely depends on having the pinnacle of data protection with several layers of sophisticated security to guarantee their customers’ data integrity. By Eric Edwards | August 16, 2022. Upgrading applications.

Procurement 97

Procurement Purchasing Data Networking 97

Pipefy

JANUARY 31, 2023

Successful procurement administrators review supplier performance, process change orders, and make price adjustments on a daily basis in order to maintain an intimate knowledge of contract requirements. They also maintain strong business relationships, communicating good advice and procurement authority to suppliers.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 52

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

IBM Supply Chain Blog

OCTOBER 9, 2023

It’s not just about saving time; it’s also about providing information, insights and recommendations in near real-time. It’s not just about saving time; it’s also about providing information, insights and recommendations in near real-time. This shift is viewed as an expansion of job possibilities.

Data 74

Data Management Vendor management Strategy 74

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. However, this approach had its flaws.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Pipefy

JANUARY 11, 2023

This is what vendor relationship management (VRM) is all about: building strong relationships with a range of suppliers to make sure that your business has what it needs and when it needs it. Every supplier your business depends on has different priorities, requirements, and expectations. But this approach has some drawbacks.

Vendor relationships 59

Vendor relationships Management Procurement team Vendor management 59