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. Efficient data management involves the collection, cleaning, integration, and storage of procurement data. This is the heart of procurement analytics.

Procurement

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Risk management collaboration involves working together to identify and mitigate potential risks in the supply chain.

supply chain software solutions

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. What's PLANERGY?

Strategy

Future Purchasing

FEBRUARY 25, 2025

Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supply chains, and an increasing demand for sustainability and transparency. Limited tech adoption Procurement technology adoption in the public sector is slow.

Innovation

Procurement Insights

FEBRUARY 27, 2025

I have noted that many LinkedIn posts regularly mention the belief that the C-Suite continues to see procurement primarily, if not solely, as a cost-savings function. This broader agenda suggests that while cost savings remain important, procurement’s role has expanded to include value creation and strategic partnership.”

Agile and Lean Supply Chain

Procurement Insights

APRIL 18, 2025

Direct materials are usually managed with formal procurement processes and long-term contracts, which dampen price volatility and create predictability. These commodities account for the majority of spend (about 80%) but only a small fraction of procurement cycle time 3 5.

Price

Procurement Insights

MAY 10, 2025

His Proprietary Historic Industry Archives include decades of case studies, articles, and insights, such as the Nokia-Ericsson supply chain risk study or his work with the Department of National Defence (DND) on indirect materials procurement. For a company with $50M in annual procurement spend, this equals $2.5M$5M

Procurement

Jaggaer

APRIL 9, 2025

In todays highly competitive market, where there is an expectation of rapid delivery, every link in the supply chain is critically important to ensure that products are manufactured efficiently, and waste is minimized. This recognizes the interconnected nature of procurement, production, logistics, and distribution.

Agile and Lean Supply Chain

Planergy

MARCH 12, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Simpler Logistics and Supply Chain Management With operations overseas, you run the risk of becoming too reliant on global supply chains. What's PLANERGY?

Agile and Lean Supply Chain

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price

ivalua

APRIL 9, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth.

Procurement strategies

ivalua

APRIL 8, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. About Ivalua.

Procurement strategies

ivalua

FEBRUARY 24, 2021

In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.

Agile and Lean Supply Chain

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Understanding Procurement Risk A. Introduction A.

Risk management

Procurement Tactics

JUNE 7, 2023

It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. The platform also helps track how well suppliers are performing, manage contracts with them, and analyze how much money is being spent on supplies.

supply chain software solutions

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies

ivalua

JANUARY 31, 2022

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).

Procurement

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Collaborations can help companies to access top supply chain talent. .

Collaboration

TYA Suite

JULY 17, 2024

Procurement strategy is the cornerstone for sustained growth when negotiating the complexity of today's corporate environments. Traditionally, procurement strategy entails meticulous planning to procure goods and services efficiently, aligning with organizational goals. to meet the unique needs of each category.

Procurement strategies

HICX

OCTOBER 21, 2022

In a series of interviews which took place during World Procurement Congress 2022 (WPC) in London, we spoke to a number of thought-leaders and experts from the Procurement and Supply Chain industries about their opinions on Supplier Experience Management (SXM) and the future of Procurement.

Suppliers

Zycus Cognitive Procurement

JANUARY 20, 2023

Procurement plays a critical role in the success of an organization and requires the right tools, strategy, and people to remain competitive. At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain.

supply chain software solutions

Procurement Insights

DECEMBER 1, 2023

For the next issue of our magazine , which will be out by the first half of December, we drafted some questions for Jon Hansen , Strategic Advisor from Procurement Insights. What do supply chain resilience and adaptability really mean? Amid a changing geo-economic landscape, economic and financial indicators are volatile.

Procurement

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Procurement

Procurement Tactics

JANUARY 13, 2023

At this conference, you will discover how procurement professionals from the largest companies in Asia manage market volatility, Integrate their ESG goals, Develop a tailored SRM approach, and nurture people to win the post-pandemic war for talents. . World Digital Procurement Summit 2023. Procurement as the center of ESG.

Procurement

Arkestro

JANUARY 9, 2024

Manufacturing procurement leaders can further amplify the value of data analytics by weaving in the power of AI, which helps to enhance reports for both internal and external data. Procurement professionals can use these analytics to increase visibility, drive better decision-making, and optimize procurement strategies.

supply chain budgeting

Value Match

FEBRUARY 23, 2023

The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. However, what can we do as procurement professionals to help? meters by 2100, relative to the average sea level between 1986 and 2005.

Procurement team

Empowering CPO

JUNE 30, 2023

Procurement is no longer just about sourcing goods and services; it’s about creating strategic alliances, driving innovation, and adding value to the organization. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies.

Strategic sourcing

Empowering CPO

JUNE 9, 2023

They act as a navigational tool, guiding the procurement team towards the achievement of their strategic objectives. Understanding and implementing the right procurement metrics and KPIs can be the difference between a successful procurement strategy and one that falls short of its potential.

Procurement

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Importance of Innovative Procurement Models In the era where change is the only constant, innovation has become a necessity rather than a luxury.

Innovation

NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

Procurement and logistics professionals looking to deepen their knowledge in managing supply risks and disruptions can benefit from training like our Supply Risk and Sustainability Management course.

supply chain software solutions

Empowering CPO

JUNE 27, 2023

This facilitates better supplier relationship management, enhances transparency, and enables effective supplier performance monitoring. The adoption of digital tools and technologies is critical for efficient spend analysis in the modern procurement landscape. This leads to significant cost savings and improved operational efficiency.

Real-time Visibility

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? It empowers organizations to simplify the procurement process, enhance productivity, and reduce expenses.

Eprocurement