Spend Matters

MARCH 20, 2024

Procurement has not been immune to the latest evolution in technology. Procurement activities and tasks are operational, tactical and strategic. We detailed these approaches in our recent article on the “six different ‘flavors’ of GenAI implementations in procurement applications.

Procurement 100

Procurement Contract Sourcing Category management 100

RPF360

DECEMBER 29, 2022

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

Procurement 216

Procurement Contract management Contract Sourcing 216

Procurement Tactics

OCTOBER 13, 2022

33 Procurement Interview Questions in 2022. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. However, not many people know their real role in procurement. . Strategic Sourcing Explained. First Name.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Review Existing Processes: Analyze current procurement processes, systems, and documentation to identify strengths, weaknesses, and areas for improvement.

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Procurement team Contract management Innovation Suppliers 130

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 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. ‘ The major highlights are described below.

Procurement 84

Procurement Risk management Raw materials supply chain software solutions 84

ivalua

JUNE 14, 2023

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Procurement 239

Procurement Change management Supply Chain Optimization supply chain budgeting 239

Procurement Tactics

OCTOBER 18, 2022

33 Procurement Interview Questions in 2022. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. Thus, enabling them to make smarter decisions regarding procurement strategies. . First Name. Download Free Whitepaper ?. ?.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Tactics

APRIL 17, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it?

Sustainability 201

Sustainability Procurement Negotiation Bidding 201

ivalua

NOVEMBER 13, 2022

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.

Purchasing 246

Purchasing Contract Sourcing Supplier relationship management 246

ProcurePort

DECEMBER 3, 2020

Contract management is one of the key duties procurement and sourcing teams must attend to. An orderly contract management process can grow business and increase revenue. To get the best value from each supplier contract, it is imperative to know and understand exactly what is contract management.

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Contract management Contract Management Procurement 217

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. What makes procurement in construction unique is the high level of customization required per project.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. 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

MARCH 5, 2024

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors.

Procurement 109

Procurement Sourcing Risk management Ethics 109

Procurement Templates

NOVEMBER 13, 2022

What are the 7 stages of procurement? These are the 7 important steps in the procurement process: Step 0: Defining the need Step 1: Request to purchase Step 2: Pre- sourcing Step 3: Procurement process. Step 4: Evaluation and contract. Step 5: Contract management. Step 6: Invoice approvals and disputes.

Procurement 130

Procurement Contract management Contract Purchasing 130

Procurement Tactics

FEBRUARY 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. What is ChatGPT?

Procurement 287

Procurement Market analysis Contract Suppliers 287

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Procurement Templates

JUNE 18, 2023

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. As the CEO of Apple Inc.,

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

World of Procurement blog

APRIL 23, 2024

Procurement is a critical component of any organization’s operational framework. It's a multifaceted process, involving the acquisition of goods, services, or works from an external source, ensuring the best possible value for the company. Cost-Reimbursement Contracts : Reimburses the supplier for costs, plus a fee.

Procurement contracts 52

Procurement contracts Contract Procurement Negotiation 52

World of Procurement blog

APRIL 23, 2024

Procurement is a critical component of any organization’s operational framework. It's a multifaceted process, involving the acquisition of goods, services, or works from an external source, ensuring the best possible value for the company. Cost-Reimbursement Contracts : Reimburses the supplier for costs, plus a fee.

Procurement contracts 52

Procurement contracts Contract Procurement Negotiation 52

Procurement Tactics

DECEMBER 26, 2022

33 Procurement Interview Questions in 2023. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Combining procurement models.

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Freelance Procurement — Everything You Should Know. Freelance procurement is popular with many companies, especially those who need more help in their procurement process. For this article, we will talk about what freelance procurement is.

Procurement 187

Procurement Raw materials Sourcing Suppliers 187

Procurement Tactics

SEPTEMBER 8, 2022

33 Procurement Interview Questions in 2022. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. Do not worry if you do not know operational procurement as this article will help you understand it. The Definition of Operational Procurement.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Spend Matters

MARCH 11, 2024

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. It is exactly the kind of challenge that VORTAL addresses. This content is for members only. Visit the site and log in/register to read.

Procurement solutions 101

Procurement solutions Sourcing Procurement Market analysis 101

Procurement Templates

APRIL 15, 2024

They would ask various procurement managers for advice but often got a different response depending on who they ask. For context the stakeholder is asking for procurement advice set within the rules for public sector buying and a UK regulatory framework.

Influencing 130

Influencing Negotiation Risk Innovation 130

Procurement Freelancers

OCTOBER 2, 2023

Procurement contract management is a critical part of the sourcing process. It entails supervising the… The post The Top Skills Every Freelance Procurement Contract Manager Should Have first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 97

Contract management Procurement contracts Contract Management 97

Procurement Tactics

NOVEMBER 25, 2022

33 Procurement Interview Questions in 2022. Still, the economy is expected to contract in the near future, and that can mean fewer business development opportunities and slower revenue growth. . But what about businesses that rely on government contracts? When the economy contracts, it becomes harder for people to find jobs.

Raw materials 195

Raw materials Bidding Contract Suppliers 195

Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 90

Procurement e2e Contract Sourcing 90

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 113

Procurement contracts Contract Procurement Negotiation 113

ProcurePort

APRIL 5, 2022

· Contemporary supplier and contract database software promise to streamline how procurement teams approach contracts and sourcing. This technology ensures real-time communication, collaboration, and management of the contract lifecycle. What are the signs telling you it’s time to get […].

Contract 130

Contract Suppliers Procurement team Collaboration 130

Una

APRIL 25, 2024

In This Guide: Step 1: The Discovery Call After getting in touch via the chatbot or by filling out a form on Una.com , a n Una Sourcing Advisor will reach out via email or phone, introduce themselves, and schedule a discovery call. Your procurement spend data. The discovery call is your first step to savings. What do you need to do?

Contract 52

Contract Purchasing Suppliers Price 52

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Challenges in Sustainability Faced by Procurement Teams Adopting sustainability in procurement has many challenges that the procurement team must address to aim for sustainability.

Procurement team 216

Procurement team Sustainability Procurement Negotiation 216