Spend Matters

SEPTEMBER 26, 2023

Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. The post Analyst eye on how purchasing must really become supply management appeared first on Spend Matters.

Purchasing 117

Purchasing Supply management Management Supply Chain Efficiency 117

Una

JULY 20, 2022

Ep 74: Creating Opportunities for Networking & Education with Kathy Perna. Networking has changed a lot in procurement – and the transition from in-person to digital was underway even before the pandemic hit. Do you have questions about group purchasing? By Kelly Barner | July 20, 2022. Highlights. Get in Touch.

Networking 96

Networking Purchasing Sourcing Procurement 96

Supply Chain Dive

AUGUST 12, 2024

The fast food chain’s purchasing cooperative will use Palantir’s artificial intelligence platform to connect suppliers, distributors and restaurants.

Networking 117

Networking Supply chain Purchasing Suppliers 117

Una

JANUARY 4, 2023

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization. By Mackenzie Oakley | January 5, 2023.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Supply Chain Game Changer

OCTOBER 17, 2022

What is the Lightning Network of Bitcoin? The network is lightning fast with a transaction period of seconds, reducing third-party fees or eliminating them, saving on transaction costs. Let’s explore the advantages of a Bitcoin lightning network over other digital currencies and traditional finance ecosystems.

Networking 92

Networking supply chain budgeting Supply Chain Efficiency supply chain software solutions 92

Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year.

Purchasing 96

Purchasing Risk Management Procurement 96

Procurement Templates

NOVEMBER 21, 2024

Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. Continuous Professional Development Actionable Steps: Join Professional Networks: Engage with organizations like CIPS, ISM, or APICS for resources and connections. SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Heads

JULY 6, 2022

From then I started exploring purchasing and the different career avenues I could get into. We are responsible for the procurement of strategic purchases and what that means for us is anything that is high value, high-risk, third-party engagements. Recently I created a LinkedIn group called ‘Black Women in Procurement.’

Networking 241

Networking Supplier relationship management Procurement Risk 241

ivalua

MAY 30, 2023

By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Freelancers

JULY 27, 2024

They often overlook many excellent… The post Drive Procurement Success by Building Inclusive Supplier Networks first appeared on Procurement Blog | Procurement & Supply Chain News. Today’s companies face a significant challenge when searching for suppliers.

Networking 75

Networking Suppliers Procurement Supply chain 75

Procurement Tactics

JANUARY 5, 2023

It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system. Approved purchasers from the buying organization can access hosted catalogs as part of the purchasing process. Smooth purchasing transactions.

Buyers 179

Buyers Purchasing Suppliers Price 179

IBM Supply Chain Blog

MAY 18, 2023

This shift to the cloud may have, in many ways, left the traditional enterprise network stranded—no longer transporting the bulk of the enterprise network traffic, which now floats between the clouds and over the public internet. This application-first approach is the next important networking paradigm.

Networking 73

Networking e2e Management Demand 73

Spend Matters

AUGUST 12, 2024

Networks are nothing new in the procurement technology space, but the focus of most networks so far has been primarily on transactions — connecting trading partners in a many-to-many network to facilitate the exchange of purchase orders and invoices.

Suppliers 113

Suppliers Management Buyers Purchase orders 113

Spend Matters

APRIL 15, 2025

In procurement, these MVPs are the professionals driving smarter and more sustainable purchasing decisions. While organizational success is built on teamwork, certain individuals distinguish themselves through their contributions to the business.

Procurement 102

Procurement Category management Chief Procurement Officer Risk management 102

ivalua

MARCH 16, 2020

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Procurement Tactics

OCTOBER 18, 2022

Additionally, the software may allow add-on solutions for third-party applications or integration with existing network systems. . It integrates departmental information into a single software platform for you to manage procurement and purchasing tasks. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Insights

APRIL 4, 2025

Network Member Question Aside from the basics of spend analysis and eliminating redundancy, Im curious to hear of others experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 81

Jaggaer

MAY 8, 2025

How often do your purchase orders change? For example, if your supplier is on wafer-thin margins, it may be bulk purchasing in order to reduce costs, leaving it with excess stock. Too many promising ideas emerging from design networks wont break through as long as procurement stays locked in the transactional sphere.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply chain Procurement 52

Planergy

MAY 8, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] What's PLANERGY? Modern Spend Management and Accounts Payable software.

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. has gone live with Ivalua’s Source to Contract solution.

Contract 147

Contract Sourcing Supply Chain Efficiency Supply chain 147

Procurement Tactics

JUNE 5, 2023

Defining Global Supply Chain Global supply chain refers to the network of companies and resources involved in the production, distribution, and delivery of goods and services around the world. Organizations may also refer to them as global production networks or global value chains.

supply chain budgeting 192

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

ivalua

APRIL 26, 2019

He emphasised the partner network – from KPMG, Capgemini and other giants to regional players such as OptiBuy in Poland and eastern Europe. To create competitive advantage, advanced purchasing organisations are focusing more on risk, time to market, and CSR – and somewhat less on costs. Then, back to Ivalua news.

Purchasing 150

Purchasing Sourcing Purchase orders Procurement 150

Procurement Heads

FEBRUARY 9, 2023

The evolving role of procurement Procurement has come a long way from its traditional role of simply purchasing goods and services. Read procurement articles and blogs, attend conferences and events, and network with your peers to stay informed about the latest developments.

Procurement 130

Procurement Strategic sourcing Strategic sourcing supply chain budgeting 130

Spend Matters

DECEMBER 11, 2023

The year 2016 marked a pivotal moment for Tradeshift as it ventured into strategic acquisitions, including the purchase of IBX Business Network and Merchantry. By 2018, Tradeshift had evolved into a global business network that connected buyers and suppliers across diverse industries and regions.

Market analysis 104

Market analysis Networking Buyers Supply chain management 104

ivalua

AUGUST 5, 2020

This is supported by data from The Hackett Group’s most recent Purchase-to-Pay Performance Study that flags organizations with high levels of AP automation software as saving 54% on invoice processing costs and using one-third as many internal employees. Streamlining Supplier Invoicing – The Next Generation in Invoice Networking.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Networking supply chain budgeting 130

Una

AUGUST 3, 2022

Procurement has been on a two-year hiatus from these networking opportunities, so now that events are back on the calendar, what are CPOs talking about? Episode 74: Creating Opportunities for Networking & Education with Kathy Perna. Do you have questions about group purchasing? Get in Touch.

Purchasing 98

Purchasing Networking Sourcing Procurement 98

Spend Matters

JANUARY 23, 2025

This is a cost to the organization on top of the hard cost required to evaluate, purchase and operationalize an accurate, vetted dataset for the many categories a typical company might be buying.

Price 107

Price Negotiation supply chain software solutions Supply Chain Optimization 107

Planergy

FEBRUARY 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Procurement in education is far more than simple purchasing. These purchases directly impact student learning and institutional performance. Strategic Procurement Strategic procurement goes beyond transactional purchasing.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Una

AUGUST 10, 2022

Episode 74: Creating Opportunities for Networking & Education with Kathy Perna. Do you have questions about group purchasing? Wondering how a group purchasing organization can help you save money, time, and effort? Episode 75: Turmoil Around the Globe – Sri Lanka and the Netherlands with Kris Lance. Get in Touch.

Strategic planning 111

Strategic planning Purchasing Sourcing Networking 111

Jaggaer

MARCH 20, 2025

Additionally, institutions must remain adaptable to changes in compliance requirements related to federal grant-funded purchases, sustainability mandates, or supplier diversity policies. Current uncertainty around global trading networks, especially in light of the tariffs imposed on some countries, is only adding to concerns.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. has gone live with Ivalua’s Source to Contract solution.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Procurement Tactics

DECEMBER 7, 2022

To simplify, it refers to monetary transactions between trading partners for purchasing, manufacturing, and selling goods and services. . In the past, cash management was not considered part of purchasing and physical supply chain management. The first component is improving network technology. Download Whitepaper →. .

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Procurement Tactics

AUGUST 30, 2022

Electronic procurement or e-procurement is the process of acquiring, ordering, and purchasing goods and services online. . When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Procurement Insights

MAY 26, 2024

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Procurement Templates

JANUARY 17, 2024

Always-a-share model One extreme is what I call the “always-a-share model,” which assumes that a customer making purchases of some product category repeatedly can easily switch part or all of its patronage from one vendor to another. a purchaser of simple machine tools). a purchaser of carbon steel).

Demand 130

Demand Management Buyers Purchasing 130

ivalua

APRIL 28, 2023

These credit cards issued by banks provide quick payments and improved automation – plus there’s the potential of rewards with each purchase! What is a Purchase Card (P-card)? A Purchase Card or P-Card represents the physical plastic cards associated with a user.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130