Spend Matters

JANUARY 17, 2024

From planning a product, design and simulation, to optimizing a specific process across the supply chain, customer expectations for AI integration continue to evolve as new applications for supply chain automation are discovered.

Procurement solutions 104

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 104

Spend Matters

JANUARY 8, 2024

Amid lower growth forecasts and higher interest rates, companies continue to grapple with the challenge of swiftly optimizing working capital. Resilience In light of increased geopolitical uncertainty and extreme weather events, the focus on strengthening supply chains against disruptions will remain.

Procurement solutions 102

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 102

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 113

Procurement solutions Procurement supply chain budgeting Procurement team 113

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. But what does the future hold for public procurement, and how can technology fine-tune the process to perfection?

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Spend Matters

DECEMBER 11, 2023

This will result in the increased deployment of business platforms to improve efficiency and reduce cost and third-party risk while increasing agility and optimizing financial health across spend, payments and working capital. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 103

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 103

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

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 104

Procurement solutions Procurement Spend management Supply Chain Optimization 104

Jaggaer

MARCH 24, 2025

Impact on Procurement: Gen AI leverages vast datasets to generate actionable insights, helping procurement teams predict future trends, such as market shifts, supplier performance, and demand fluctuations. Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks.

Procurement 52

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

SCMDOJO

MARCH 27, 2024

The world of supply chain management is fast-paced. Performance for Supply Chain Management Software on Mac Have you ever run sophisticated supply chain management software on Mac? Such a tool is vital for your computer to remain in optimal condition. However, it goes beyond mere listings.

supply chain software solutions 97

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 97

Spend Matters

JULY 25, 2022

The consensus was cautious optimism about the pivot to a broader platform and ecosystem approach (including the unique community intelligence aspect of Coupa’s solution strategy) that includes the rapidly expanding Coupa App Marketplace. Collaborating supply plans/POs with suppliers. But, is such a leap truly synergistic?

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98

Procurement Insights

APRIL 4, 2025

Here is a real-life case example: The Hershey Company has engaged with several ProcureTech solution providers to enhance its procurement and supply chain operations: SAP S/4HANA :Hershey selected SAP S/4HANA as its digital backbone to integrate various functions, including procurement and product lifecycle management.

Influencing 85

Influencing Supply Chain Optimization Innovation Supply Chain Efficiency 85

Procurement Insights

MARCH 16, 2025

How Procurement Professionals Use or Interact with Model Context Protocol (MCP) Procurement professionals interact with AI models that utilize Model Context Protocol (MCP) in various ways, especially within digital procurement platforms, supplier management systems, and spend analytics tools.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Spend Matters

NOVEMBER 7, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them.

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

Procurement Insights

FEBRUARY 18, 2025

In ProcureTech , the phrase “Cant build a house on a cracked foundation” means you cannot successfully implement AI-driven procurement solutions (or digital transformation) if the underlying procurement processes, data, and strategy are flawed. Lesson: AI cant optimize outdated, inefficient workflows.

Procurement team 52

Procurement team Procurement solutions Contract management Quality 52

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

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

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

ivalua

NOVEMBER 3, 2021

Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Improve cash positions by optimizing the gross margin return on inventory.

Procurement 130

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 130

Jaggaer

DECEMBER 4, 2018

eProcurement solution providers like JAGGAER are leading the charge, developing sourcing solutions with the complexities and challenges of Freight Procurement in mind. JAGGAER’s Sourcing Optimization tool allows transportation companies to automate and evaluate high volumes of complex, conditional bids with multiple suppliers.

Procurement solutions 40

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

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

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

Procurement Insights

APRIL 5, 2025

3 GEP 1999 Established in 1999, a pioneer in procurement software with 25+ years. 4 Zycus 1998 Founded in 1998, a veteran in cognitive procurement solutions. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

Planergy

MARCH 12, 2025

Download Free Copy Reshoring vs Nearshoring: Key Differences and Business Benefits Category Inventory Written by Lyle Del Vecchio 16 min read Tags Procurement Supply Chain Management Last edited March 12, 2025 Download PDF IN THIS ARTICLE What is Reshoring? Benefits of Reshoring Challenges of Reshoring What is Nearshoring?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. No spam, just relevant procurement news and tips. Subscribe to news from Arkestro. You can unsubscribe at any time.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

Contract 130

Contract Collaboration Sourcing Contract management 130

Planergy

MAY 8, 2025

5] Finance Leaders Are Collaborating More Closely with Procurement: Nearly 48% of CFOs are leveraging procurement data to support broader financial strategies, from fraud detection to cost optimization. [1] 7] This proactive approach supports continuity and reduces the impact of supply chain disruptions.

Strategy 52

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

Procurement Insights

MAY 10, 2025

His Procurement Insights blog, active since 2007, has over 14,700 followers, and hes authored nearly 3,000 articles, five books, and hosted over 900 episodes of the PI Window on The World Show. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g.,

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

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 Supply Chain Optimization e2e 59

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. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

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

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 98

Supply Chain Optimization Material management Sourcing Influencing 98

Spend Matters

DECEMBER 5, 2023

A more general (if less exciting) application is the now omnipresence of chatbots in procurement solutions. But as noted, most of procurement receives many benefits from the more traditional purposes of AI, such as pattern detection, data classification and decision support.

Contract 113

Contract Supply Chain Optimization Data Procurement 113

ivalua

APRIL 2, 2019

Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”. Effectively managing costs and supply chain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

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. Continuously optimize the system based on the feedback.

Supply Chain Efficiency 113

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 113

Procurement Insights

APRIL 30, 2025

MODEL 4 How Procurement Insights Add Value to Leading Analyst Firms Procurement Insights play a critical role in enhancing the service offerings and credibility of leading analyst firms in the procurement and supply chain space. world-class procurement organizations achieve 1.6%

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

MARCH 23, 2025

Indirect spending typically represents 15-27% of revenue in manufacturing companies, making it a significant area for cost optimization. The company likely has multiple facilities, a global supply chain, and sustainability priorities (e.g., Savings Potential: 5-8% via contract optimization. ingredients).

Supplier consolidation 52

Supplier consolidation Supply Chain Optimization Logistics Strategic sourcing 52

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. By automating and optimizing procurement activities, it delivers value across multiple areas: Reduce manual processes.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Spend Matters

OCTOBER 21, 2024

Both services are designed to automate restocking, helping companies maintain optimal inventory levels and prevent stockouts. APIs for Procurement: Amazon Business presented a suite of APIs designed to enhance integration and automation across procurement systems.

Purchasing 113

Purchasing Inventory Supply Chain Optimization Buyers 113

Jaggaer

MARCH 6, 2025

Navigating Regulatory Changes Public sector organizations need procurement solutions that align with new frameworks, such as the UK Procurement Act, which comes into force in February. Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52