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Today I’m joined by the most recommended real-time transportation visibility platform in the world, Shippeo. Shippeo is a global leader in real-time multimodal transportation visibility, helping major shippers and logistics service providers operate more resilient, sustainable, and customer-centric supply chains.
For many enterprise teams, managing indirect spend feels like a reactive process that’s out of sync with business goals. You’ll learn how leading organizations are using procurement technology like Ivalua to regain control, reduce risk, and deliver real business value. What Is Indirect Procurement?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. You’ll learn how to review your current approach, pinpoint gaps, and start implementing improvements right away, focusing on automation, data visibility, and stakeholder alignment.
From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. AI also enhances supplier profile management, enriching, verifying and completing supplier data to provide a more comprehensive view of risks and opportunities.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. You’ll learn how to review your current approach, pinpoint gaps, and start implementing improvements right away, focusing on automation, data visibility, and stakeholder alignment.
Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. 393% ROI from process automation, better visibility, and replacing old systems. NPV generated over three years for a typical organization. What is Total Economic Impact?
The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. From there, workflows adapt in realtime.
The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. big data) in realtime, spotting correlations and trends that would otherwise go unnoticed. Optical character recognition (OCR) digitizes invoices and contracts, eliminating time-consuming manual data entry.
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. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.
This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. In this environment, business leaders need clear, data-based insights to make real-time decisions. Analytics-driven leadership encourages cross-functional collaboration.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. The success of the Procurement team at Utz Brands, Inc.,
Vehicles are sidelined, drivers grow frustrated, and delivery times slip. Fleet leadership turnover causes instability far beyond the shop floor. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult.
The global logistics industry undergoes transformative change because of technological developments which enhance delivery services from last-mile operations to worldwide freight management. Seamless Integration Logistics operations in modern times need system-wide communication between CRM, ERP and IoT platforms.
Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.
While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supply chain management is equally responsible for propelling startups to unicorn status. Predictive analytics – AI and machine learning improve demand forecasting for optimal inventory and production levels.
Modern Spend Management and Accounts Payable software. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY? How to report and analyze indirect spend to identify savings opportunities.
MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. It can open doors to career advancement and leadership roles. Think of it as the gold standard for procurement professionals.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Hansen Procurement strategy, digital transformation, supplier management, sourcing, and ProcureTech evaluation. His focus on user adoption and ROI ensures tech solutions are manageable for organizations of varying sizes and tech maturity. using e-procurement for visibility) support organizations facing disruptions.
When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. The Role of Procurement & Supply Chain in Business Success Procurement and supply chain management play pivotal roles in how a business performs.
Having been the first Commercial Continuous Improvement Director for the UK Government Commercial Function, I understand the unique challenges and obstacles faced by commercial managers across public sector organisations. Editors note: in the UK public sector, procurement is usually referred to as commercial services).
Differentiate With Supplier Relationship Management (SRM)! In the context of digital document writing and contract management, redlining generally involves virtually marking additions, deletions, or modifications to contract clauses and terms to reflect the negotiations between parties.
In sourcing, vendor management, invoicing, spend visibility, risk scoring and more, AI tools are already making an impact. By the time someone catches it — during late-stage UAT or after go-live — the problem has already spread system-wide. Read his observations on GenAI in sourcing here. So what should organizations do?
When business units submit purchasing needs through ad hoc methods such as emails, verbal communication, or disconnected tools, it leads to delays, misalignment, and reduced visibility for procurement teams. Standardization helps minimize incomplete or inaccurate requests, which in turn reduces processing time and errors.
In 1982 Keith Oliver is credited with coining the phrase “Supply Chain Management” As I began my career in 1982 I can attest to the fact that the term Supply Chain was not in general use at that time. Let’s take some time to celebrate the 40th anniversary of Supply Chain Management !
This would be a significant cost-saving and time-saving mechanism for both the shippers, carriers, and logistics providers. It also enables the management of the supply chain finances in exciting aspects. It brings considerable time savings through its integration with popular ERP platforms like SAP and Oracle.
From small manufacturers to multinational corporations, organizations depend on interconnected networks to deliver materials, goods, and services in a timely and cost-effective manner. Session recording tools can track and log activity in realtime, while behavior-based alerts can flag unusual actions before they cause harm.
leadership profiles in Fit Scores)” and addresses “Gartner’s and others’ oversight of people-driven technology success” Refined Disagreements: Market Change Pace : Although the theoretical framework is sound, some claimed vendor movements may still be overstated in relation to market reality.
There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. How Does Procurement Management Software Work? How Does Procurement Management Software Work? Gain real-time insights to eliminate unnecessary spending and stay within budget.
AdaptOne Progression Timeline (2005–2025) Assessment of Progress 2005–2012: AdaptOne began as a supplier onboarding and document management solution, targeting the pain points of manual paperwork and compliance in procurement-heavy sectors. FDA, USDA).
Strand Commonality is the underlying mechanism that validates whether an initiative, rule, or tool has been authentically integrated and is visible in real actions, frontline tools, and shared data—not just in executive statements or isolated metrics. What Is Strand Drift And Strand Echo?
The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. Procure to pay automation is a smart way to speed up your P2P operations by cutting out manual data entry and reducing the time spent on repetitive, routine tasks.
times higher than operational emissions, according to data from the U.S. Companies are coming under increased scrutiny to report and manage these emissions in addition to those under the organization’s direct control. Environmental Protection Agency. But effective tracking is, unfortunately, not always an easy thing to implement.
It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.
Early Years (2007–2012) Focus: Cost reduction, globalization, basic supplier management Early posts like “Double Marginalization and Decentralized Supply Chain” (2007) highlight concerns about efficiency and structural optimization. Procurement team transformation and data/process digitization appear as timely themes by 2019.
(A PI Q&A) , A reader asked the following question: Aside from the basics of spend analysis and eliminating redundancy, I’m curious to hear of others’ experiences in dealing with mergers/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.
He shares the challenges of scaling finance operations globally, touching on ERP migrations, interdepartmental dependencies, and managing 6,000+ close tasks across 250 people. He explains how the platform provided clarity, improved sequencing, and drove down meeting times with visibility into late tasks and bottlenecks.
is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives.
If youre in procurement or supply chain, chances are youve wondered: How can I rethink this process, make smarter decisions, and still save time? In this article, well break down how combining automation with full integration is reshaping procurement and delivering real improvements in efficiency, savings, and strategic control.
Why Failed Initiatives Are Underreported Reputational Risk: Publicly disclosing a failed implementation may harm a company’s brand, investor confidence, or leadership credibility. Internal Politics & Job Protection: Procurement leaders may avoid reporting failure to preserve internal political capital or avoid leadership turnover.
Fit Score Link : This translates into high Fit Score alignment in areas like cross-functional collaboration, tech interoperability, and strategic sourcing visibility. Fit Score Link : Agent-based logic contributes to evaluating how flexible and decentralized a platform is—critical for change management and adoption scoring.
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Simple changes like consolidating suppliers, negotiating better contracts, and improving order planning can lead to real savings over time. If your current process feels reactive, disconnected, or overly manual, it might be time to rethink your approach. The result? A more sustainable and profitable business.
It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Global Reach, Real Impact Participants and speakers come from over 50 countries. Smaller companies might struggle with the cost-benefit ratio for limited booth or stage time.
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