Remove Logistics Remove Spend management Remove Supply Chain Optimization
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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What are the Key Digital Strategies in Logistics?

Supply Chain Game Changer

Digital Opportunity for 3PL Logistics Operations! Supply chain software is a game-changing tool that offers immense opportunities for growth and success in the transportation services market. Failed customer expectations Logistics management software often has difficulties in fulfilling client expectations.

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From Candy To Kidneys: The Impact of Spinoffs And M&As On Procurement And Supply Chain

Procurement Insights

(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.

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Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions. Success depends on integration, transparency, and alignment with help from modern spend analysis software that supports trusted data, configurable logic, and cross-functional collaboration.

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing. Category management: Whereas spend management aims to depict the entire landscape, category management fills in the detail for each major spend category.

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Procurement analytics: your key to cost savings

TYA Suite

Procurement analytics platforms enable access for multiple users across departments, encouraging collaboration between procurement, finance, supply chain, and operations teams. The classification process involves organizing the data based on parameters such as spend categories (e.g.,

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Business Performance: The 3 Key Boosters of Procurement

Jaggaer

A prime example of this is sustainability: since a large portion of emissions lie within the supply chain, procurement holds a crucial lever here think Scope 3. Procurement teams can also optimize operational activities through shared services or outsourcing. Proper orchestration of supply chains enhances corporate resilience.