Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Spend Matters

JANUARY 8, 2024

This is where AI can come into its own, allowing procurement to establish full price transparency and scrutinize vendor requests to determine whether price increases were overly inflated. Clients strive to position themselves as ‘customers of choice,’ a strategic move aimed at strengthening their supply chains.

Procurement solutions 72

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 72

Spend Matters

JUNE 19, 2023

What does an E-Procurement solution do? E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. To compare product strengths and weaknesses, try Spend Matters TechMatch to directly assess the capabilities of digital procurement solutions.

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Spend Matters

JANUARY 2, 2024

Across diverse industries, enterprises should assess where AI can bring the most value and strategize its integration to truly enhance efficiency. For instance, within global supply chains — a realm ripe for improvement despite its current resilience — AI can be a game-changer, especially within the procurement function.

Procurement solutions 75

Procurement solutions Procurement Supply Chain Efficiency Procurement team 75

Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 75

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 75

Spend Matters

JANUARY 16, 2024

As costs continue to spiral upwards and supply chain disruptions become the new norm, procurement leaders must grapple with the dual responsibility of achieving cost savings while considering broader strategic initiatives, such as risk management, sustainability and nurturing vital supplier relationships.

Procurement solutions 82

Procurement solutions Procurement Spend management Supply Chain Optimization 82

Spend Matters

JANUARY 25, 2024

I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. At SAP, we are already evaluating further ways to embed generative AI and analytics into solutions throughout our SAP Ariba portfolio to help make our customers’ business lives easier than ever.

Procurement solutions 72

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 72

Spend Matters

JANUARY 22, 2024

One of the standout trends within this paradigm shift is the focus on supplier collaboration in bolstering ESG practices across the supply chain. Enterprises are actively mapping supply chain links and dependencies, understanding that sustainable practices are only as strong as their weakest link.

Procurement solutions 66

Procurement solutions Procurement Supply Chain Efficiency Sustainability 66

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

Spend Matters

JANUARY 11, 2024

In 2024, procurement organizations will be more strategic to the business because of the central role they play in managing supplier relationships and, therefore, supplier risks. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 77

Procurement solutions Procurement Risk management Procurement team 77

Spend Matters

JANUARY 12, 2024

Already, the vast majority of procurement functions have mandates in place for certain kinds of certified purchasing, including half with sustainability mandates, but in 2024 those mandates will become commonplace and top priorities for procurement teams around the globe.

Procurement solutions 88

Procurement solutions Procurement supply chain budgeting Procurement team 88

Spend Matters

JANUARY 4, 2024

But, with increased regulation around supply chain sustainability on the way, organizations must prioritize visibility into the environmental impact of their suppliers. Procurement will continue to face the challenge of swiftly navigating disruptions and adhering to ever-changing regulatory frameworks.

Procurement solutions 95

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 95

Spend Matters

JANUARY 23, 2024

In this evolving scenario, our response will be multi-faceted: embracing technological advances for better data-driven decision making, aligning with global ESG standards, and fostering a supply chain that reflects the diversity of the consumer base and communities. You can read our in-depth analysis of Supplier.io’s solution here.

Procurement solutions 85

Procurement solutions Procurement Procurement strategies Suppliers 85

ivalua

DECEMBER 3, 2021

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Spend Matters

DECEMBER 18, 2023

So while I know that using technology such as GenAI will be used widely to improve efficiencies, save time and possibly people, what I really hope for in 2024 is a focus on data quality, people, process and then technology. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 76

Procurement solutions Procurement Supply Chain Efficiency Quality 76

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 85

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 85

Spend Matters

OCTOBER 24, 2023

Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As

Procurement solutions 89

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 89

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes.

Supply Chain Efficiency 52

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

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e 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. Procurement Tracking is the process of monitoring and managing procurement activities. Procurement Tracking: Why is it Important?

Supply Chain Efficiency 178

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

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. About Ivalua.

Contract 147

Contract Sourcing Supply Chain Efficiency Supply chain 147

ivalua

JUNE 29, 2022

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

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. 44.17] The future for Logward.

supply chain budgeting 59

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

Procurement Tactics

JUNE 19, 2023

Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer procurement solutions. One of the main reasons for this is that these businesses are digitalizing procurement solutions.

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. About Ivalua.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

World of Procurement blog

APRIL 23, 2024

These digital disruptors are reshaping how procurement teams interact with stakeholders and enhance operational efficiency. In this era of the "fourth industrial revolution," it is crucial for organizations to re-evaluate and upgrade their procurement frameworks and supply chain technologies.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

These digital disruptors are reshaping how procurement teams interact with stakeholders and enhance operational efficiency. In this era of the "fourth industrial revolution," it is crucial for organizations to re-evaluate and upgrade their procurement frameworks and supply chain technologies.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 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

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Pipefy

NOVEMBER 24, 2023

Today, procurement tools are too useful and readily available to ignore. This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features. What are procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Empowering CPO

JULY 16, 2023

Our expert team works alongside your organization, offering comprehensive and customized procurement solutions that align with your business goals. Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

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. What is a procurement portal? What is e-procurement?

Procurement 147

Procurement Procurement solutions Competitive bidding Bidding 147

Spend Matters

SEPTEMBER 14, 2023

This week we spoke with Baber Farooq, Senior Vice President and Head of Market Strategy for SAP Procurement Solutions. Over the last few years, life has been an adventure for procurement professionals. Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities?

Procurement 103

Procurement Supply Chain Efficiency Category management e2e 103

Planergy

JANUARY 26, 2023

Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way. Sociopolitical Risks When politics and government change drastically, it has the potential to wreak havoc on your current supply chain.

Risk 52

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