Skill Dynamics

JANUARY 14, 2025

Procurement Strategy The development of a long-term, overarching procurement strategy that can adapt to global changes can set your business apart from your competition. This systematic segmentation of your key areas allows you to identify areas for consolidation and ultimately drive bottom-line efficiency.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

ivalua

JUNE 5, 2025

Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Understanding the distinction helps organizations better align their procurement strategy with an efficient tactical purchasing process. What is Procurement?

Purchasing 130

Purchasing Risk Procurement e2e 130

Supply Chain Game Changer

JULY 19, 2025

Staying informed about global trends and regulatory changes can also help you proactively adjust your procurement strategy. Furthermore, establishing contingency plans and risk management strategies will ensure your business remains agile in the face of unexpected challenges. Want more insights? Download it for free now!

Supply Chain Efficiency 75

Supply Chain Efficiency Procurement supply chain budgeting Agile and Lean Supply Chain 75

Procurement Insights

DECEMBER 11, 2024

Data-Driven Decision Making** : The utilization of big data and analytics will be central to procurement strategies. Real-time data will inform sourcing decisions, risk management, and supplier relationships, leading to more informed and agile procurement functions.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

ivalua

JULY 3, 2025

Streamlining operations in indirect procurement helps maintain an agile and cost-effective organizational structure, while direct procurement emphasizes ensuring the quality and availability of key materials necessary for production. Together, these procurement strategies are essential for robust, efficient business operations.

supply chain budgeting 130

supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate. Want to achieve these benefits?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Jaggaer

NOVEMBER 14, 2024

Automation of procurement processes through AI technology further enhances efficiency and allows procurement teams to focus on strategic priorities. Making the Production Process Seamless The production phase benefits significantly from effective procurement strategies.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 52

Spend Matters

JUNE 17, 2025

Advanced AP provides real-time insights, but also historical trends to inform finance and procurement strategy. Are we enabling finance and procurement strategies, or just processing transactions? Systems must maintain a full, explainable audit trail from ingestion to payment. This isn’t about visual dashboards.

Real-time Visibility 102

Real-time Visibility e2e Procurement strategies Suppliers 102

Procurement Insights

FEBRUARY 18, 2025

Short-Term Thinking Instead of Long-Term Strategy Issue: Companies rush into AI procurement adoption without a clear roadmap, leading to fragmented initiatives and poor ROI. Example: A business buys multiple ProcureTech bolt-on solutions but doesnt align them with a long-term procurement strategy.

Procurement team 52

Procurement team Procurement solutions Contract management Suppliers 52

Future Purchasing

APRIL 1, 2025

It is a cross-functional activity that requires organisations to work collaboratively to understand internal stakeholder needs and examine category spend, the supply market, and suppliers to identify opportunities for savings and value improvement as well as aligning your procurement strategy with your business goals.

Category management 52

Category management Strategic sourcing Strategic sourcing Sourcing 52

Spend Matters

APRIL 15, 2025

Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Procurement Insights

MAY 14, 2025

Analyst Backgrounds Analyst Primary Focus Pieter den Hamer AI strategy, maturity models, governance, and enterprise-scale AI roadmaps. Hansen Procurement strategy, digital transformation, supplier management, sourcing, and ProcureTech evaluation.

Supply Chain Optimization 72

Supply Chain Optimization Contract Supplier relationship management Procurement strategies 72

The Procuretech Podcast

OCTOBER 29, 2024

It provides a roadmap for realistic, strategic improvements that prepare procurement teams for long-term success in a constantly evolving tech landscape.

Procurement team 40

Procurement team Leadership Procurement strategies Procurement 40

TYA Suite

OCTOBER 27, 2024

Procurement management software offers robust analytics and reporting features that provide insights into procurement activities, vendor performance, and spending patterns. This data-driven approach helps businesses make strategic decisions and improve their procurement strategies.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

ivalua

JULY 21, 2025

Download our Procurement Platform Datasheet. What a Procurement System Delivers Across Your Enterprise A modern procurement system is designed to drive efficiency and consistency, and support the procurement strategy across every stage of the source-to-pay lifecycle.

Real-time Visibility 100

Real-time Visibility e2e Procurement supply chain software solutions 100

ivalua

MAY 16, 2025

By tracking these KPIs in an automated, centralized dashboard, you’ll gain the insights you need to continuously refine your procurement strategies and demonstrate results. Standardized workflows create clarity, enforce policy adherence, and improve accountability, resulting in a more efficient, scalable procurement strategy.

Real-time Visibility 130

Real-time Visibility Procurement e2e Contract 130

Procurement Insights

APRIL 14, 2025

Influence on the Procurement Industry Hansen’s ABM has influenced procurement practices by emphasizing: Stakeholder Integration : Recognizing the importance of integrating various stakeholders’ processes and objectives to achieve cohesive procurement strategies.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

Spend Matters

JUNE 23, 2025

Why alignment matters Strategic alignment between finance and procurement unlocks better spend visibility, stronger compliance and greater forecasting confidence.

Real-time Visibility 104

Real-time Visibility Procurement Management Budget 104

Spend Matters

MAY 14, 2025

The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events. Coupa announced during its Inspire 2025 event that it has acquired Cirtuo, a provider of category management (CatMan) software.

Category management 113

Category management Spend management Management Sourcing 113

Jaggaer

MARCH 24, 2025

These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management. As organizations continue to invest in these tools, their potential to reshape procurement strategies is immense, giving early adopters a serious competitive advantage.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement team 52

Jaggaer

JANUARY 15, 2025

Ready to Take Your Procurement Strategy Further? Indias vast and evolving procurement landscape has driven JAGGAER to increase its local India headcount by 25% between 2023 and 2025, demonstrating our commitment to supporting innovation and accelerating business outcomes in the region.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Ethics 52

Spend Matters

FEBRUARY 4, 2025

Roll out procurement with a simple framework Standing up a modern process involves more than just adopting new technology. Consider the below steps to help build a new procurement strategy that fits your business today and in the near-term future.

Procurement 107

Procurement Purchasing Negotiation Buying process 107

Arkestro

DECEMBER 5, 2024

Arkestro can identify trends, patterns, and anomalies that might go unnoticed in user-driven procurement processes. Organizations can optimize supplier selection, manage inventory levels, and adjust procurement strategies to align with changing market conditions.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Procurement Insights

JUNE 14, 2025

Source: [Search Result 2, 5] Benefit: Hansen’s theories gain operational scalability , enabling large organizations to implement adaptive procurement strategies with measurable ROI. Example: Hansen’s strand commonality identifies risk patterns in supplier data, which Simudyne’s cloud-based ABM tests across millions of scenarios.

Procurement 52

Procurement Supply Chain Optimization Procurement strategies Sourcing 52

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

Jaggaer

FEBRUARY 5, 2025

These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Insights

JULY 1, 2025

Creating Procurement Orchestration Teams : Establishing specialized teams focused on process design and stakeholder experience can enhance collaboration and treat internal satisfaction as a key metric for success.

Procurement team 52

Procurement team Collaboration Sustainability Supply Chain Efficiency 52

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

HICX

JUNE 9, 2025

In reporting, Generative AI processes unstructured data to generate detailed procurement summaries, including spend analysis or compliance reports. These reports drive more innovative procurement strategies and ensure alignment with organizational goals. What documents or processes can GenAI automate?

Suppliers 40

Suppliers Supply Chain Efficiency Real-time Visibility Management 40

TYA Suite

JUNE 22, 2025

This means dashboards reflect the most recent information, allowing procurement teams to track progress, measure the impact of changes, and quickly respond to emerging issues. Continuous monitoring supports a cycle of ongoing improvement, ensuring that procurement strategies remain aligned with business goals and market dynamics.

Procurement 40

Procurement Real-time Visibility Supply Chain Efficiency supply chain software solutions 40

Procurement Insights

MARCH 16, 2025

pricing trends, geopolitical risks) and contextually compare it with internal procurement data. MCP ensures that AI remembers industry-specific risks and adapts procurement recommendations accordingly. Improved Outcome: More adaptive procurement strategies , helping organizations respond to supply chain disruptions.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Bidding Supply Chain Efficiency 52

ivalua

MAY 10, 2025

Ivalua’s unified Source-to-Pay platform gives your procurement teams the visibility, control, and intelligence they need to drive strategic outcomes—and turn procurement into a true source of competitive advantage. Ready to future-proof your procurement strategy?

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

Spend Matters

JULY 1, 2025

AI in Procurement AI in procurement: How different industries are harnessing its power Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. Bertrand Maltaverne and Pierre Mitchell explain what this acquisition may mean.

Procurement 90

Procurement Real-time Visibility Contract Supply Chain Efficiency 90

Spend Matters

MAY 22, 2025

Back to the benefits Jol Collin-Demers created a helpful list of questions to help you illustrate the benefits to theCFO: How will the Procurement strategy help the business achieve its overall objectives? How does this system enable the overall Procurement strategy?

Purchasing 77

Purchasing Procurement strategies Supply Chain Efficiency Purchase orders 77

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52