Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits.

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

Spend Matters

AUGUST 29, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. The breach extended far beyond just SolarWinds, however, as the hacking strategy was a supply chain attack.

supply chain software solutions 92

supply chain software solutions Risk management Risk Supply chain 92

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. This helps the system to respond more accurately to queries.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 84

Procurement Software

MARCH 11, 2022

Procurement tools will plug those leaky holes in your spend with external suppliers. How can investing in digital procurement lead to a better P&L? And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Investing in data and technology drives growth.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Procurement tools will plug those leaky holes in your spend with external suppliers. How can investing in digital procurement lead to a better P&L? And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Investing in data and technology drives growth.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Spend Matters

APRIL 4, 2024

In this quarter, the Spend Matters analyst team builds on this foundation by giving an overview of how vendors have implemented GenAI in their solutions. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

Procurement Software

APRIL 2, 2024

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. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Jaggaer

DECEMBER 4, 2018

With the rapid spread digitization of business process functions, these experts predict that by 2022, 50 percent of all organizations will have acquired at least one procurement software application. For more on JAGGAER’s Advanced Sourcing Optimization solution, download the datasheet. You need something more.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Planergy

JANUARY 26, 2023

The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Spend Matters

MARCH 11, 2024

Tech newcomers to PSI and Spend Matters FISCAL We met David Griffiths, CEO of FISCAL , a P2P risk management solution offering fraud forensics and SaaS risk software. Supplier Master Files have changed, he said. In every supplier base there are missing credits, he says, which can significantly impact the bottom line.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so. Manipulations and Tricks in Procurement Lesson 7.

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

Arkestro

JUNE 6, 2022

Spend Matters has previously lauded Arkestro as being a “Provider to Watch,” a “Provider to Know,” and a “Future 5” solution. Spend Matters’ SolutionMap is widely regarded as the most rigorous, data-focused functionality assessment of procurement solutions. Not made baseless assumptions about how the software operated.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Procurement 52

Arkestro

OCTOBER 16, 2022

“Arkestro (formerly Bid Ops) started as a predictive sourcing software built for procurement teams who want technology that learns what works and what doesn’t from every sourcing process,” Bertrand Maltaverne, Sr. Analyst (Supplier Management and Sourcing), Spend Matters, said. “It

Procurement 52

Procurement supply chain software solutions Bidding Sourcing 52

Empowering CPO

JULY 17, 2023

Through these services, businesses can leverage the provider’s expertise, technologies, and relationships to enhance the efficiency and effectiveness of their procurement operations. From supplier relationship management to purchasing and payment processing, MPS providers cover a wide spectrum of procurement-related activities.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 15, 2018

Some were already considering applications for Blockchain technology within their P2P systems, while others didn’t have a central supplier database. As supply chain networks become more complex, and risks grow larger, the visibility of supply chain activities becomes all the more distant. Source: Deloitte.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 53

Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

Procurement 77

Procurement Price Buyers supply chain budgeting 77

Zycus Cognitive Procurement

JANUARY 24, 2023

2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Empowering CPO

JULY 5, 2023

We believe in the power of strategic sourcing and procurement to drive significant value across organizations. Our offerings, from spend analysis and sourcing support to contract and supplier management, are designed to optimize procurement operations, improve efficiency, and drive cost savings.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. million unique suppliers. Read his recommendations in eWorld: first dispatch.

Procurement 79

Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

Procurement Software

MAY 9, 2023

The Sourcing Hero The Sourcing Hero is a collaboration between outsourced group purchasing organisation Una and Art of Procurement. It’s a podcast largely focused on sourcing, but touching on all areas of procurement. This procurement podcast from B2e Media Ltd covers topics on technology, supply chain and procurement.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. Procurement as a growth partner to the business.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

In this post, we’re going to look at two areas where Procurement teams typically spend a lot of effort, but often struggle to get recognition: Cost avoidance (including price increase deferrals). Driving value through strategic sourcing and supplier collaboration. Procurement as a growth partner to the business.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Planergy

JANUARY 19, 2023

Using ABC Analysis: Class A: These purchases account for 80% of your total cost of purchases for 20% of suppliers. Class B: These purchases account for 15% of the total cost of purchases for 30% of suppliers. Class C: Tail Spend: These purchases account for 5% of your total cost of the purchases for 50% of your suppliers.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

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

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. The increasing cost, especially of ocean freight, is making companies reconsider lengthy supply chains where historically the logistics cost was not a major factor. Potential scandals, force majeure events, natural disasters.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. Knowing when to use which document for what purpose can dramatically improve your procurement process. An ROI, also called an Expression of Interest or EOI, is not a solicitation for bids but a way for organizations to gauge interest from potential suppliers. Download Free Copy.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Empowering CPO

JULY 2, 2023

If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Jaggaer

MAY 12, 2020

Supply-Chain and Invoice automation. Autonomous Procurement. Supplier enablement based on AI. ” Most procurement software vendors realized that if they weren’t in AI, they weren’t in the game. Contract compliance automation. Requisition automation. No UI Smart Assistant. Cognitive Automation.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

Procurement Software

JANUARY 9, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Paid Paid is one of the leading British procurement startups offering invoice financing automation. With Canopy, you can pull all the data about a supplier into a Vendor Master Record.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. These solutions also save money on sourcing , which is the process of identifying and assessing suppliers.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . The procurement portal’s functionality lets two complex business processes be optimized and streamlined. It is also known in the industry as a supplier portal. .

Procurement 147

Procurement Procurement solutions Competitive bidding Bidding 147