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Procurement team Purchasing Supply Chain Optimization 
ivalua
JUNE 5, 2025
Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. Procurement vs. Purchasing: What’s the Difference?
130 
ivalua
MAY 29, 2025
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
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ivalua
MAY 30, 2025
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. AI Agents vs Traditional Procurement Software – What’s the Difference?
130 
ivalua
MAY 10, 2025
This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology?
Spend Matters
MAY 1, 2025
A well-structured transformation journey ensures organizations progress from basic digitalization to advanced AI-driven procurement, enabling smarter decision-making, better compliance and optimized supply chain performance.
ivalua
MAY 21, 2025
Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. Before organizations can fully benefit from agility and automation, it’s important to understand the concept of digital procurement.
Procurement Templates
APRIL 10, 2022
These are key topics that you should be discussing at your weekly or monthly purchasing team meetings. any initial supply chain. Setting key metrics for all of these things and discussing them in supply chain meetings will focus on these quality deficiencies.
130 
SCMDOJO
JANUARY 9, 2025
By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions.
Procurement Insights
FEBRUARY 21, 2025
Both Metaprise and Orchestration & Intake models are emerging frameworks designed to unify and optimize procurement processes , but they serve different purposes and operate at different levels. Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one.
Jaggaer
DECEMBER 5, 2024
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.
ivalua
FEBRUARY 10, 2023
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. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.
264 
SCMDOJO
APRIL 11, 2025
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supply chain career through the SCMDOJO Supply Chain Learning Track Certification!
Let's Talk Supply Chain
MAY 19, 2025
Recognized as a trusted and independent source of procurement research, ProcurementIQ offers a comprehensive library of data and analysis on over 1,000 categories. And well be exploring the impact ongoing supply chain and economic disruptions are having on procurement teams, and where they should be focusing for the year ahead.
52 
TYA Suite
JUNE 2, 2025
From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.
40 
Skill Dynamics
APRIL 24, 2025
When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.
Arkestro
DECEMBER 5, 2024
Predictive Procurement is the latest evolution in digital procurement processes. It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. This process ultimately leads to faster delivery times, more significant cost savings, and improved supply chain resilience.
Spend Matters
MAY 27, 2025
Improve spend visibility and cost tracking Procurement teams should standardize cost-saving tracking methodologies to contribute validated savings to financial reporting accuracy. Organizations must eliminate disconnected data systems so that financial statements automatically reflect procurement-driven savings.
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Purchase Order vs Invoice — 7 Key Differences Purchase orders and invoices may be hard to differentiate, especially if you are new in the procurement industry. What is a Purchase Order?
130 
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. How JAGGAER Helps JAGGAERs ESG solutions help procurement teams integrate sustainability into their sourcing strategies.
52 
Spend Matters
JUNE 2, 2025
The following sections explore how shared KPIs can be monitored to support financial reporting and budgeting, measure procurements impact through supplier performance, compliance and cost savings and optimize alignment efforts through tracking best practices. Track procurement-driven cost reductions as a percentage of total spend.
Arkestro
DECEMBER 26, 2024
Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond.
Spend Matters
MARCH 25, 2025
Identifying key stakeholders Procurement operates within a complex ecosystem where multiple internal and external stakeholders hold different levels of influence. Internally, procurement teams must collaborate closely with finance, IT, legal and operational leadership, each with distinct priorities and decision-making authority.
Arkestro
DECEMBER 3, 2024
SAN FRANCISCO, CA, December 3, 2024 – Arkestro is excited to announce its partnership with the Infor Marketplace , a powerful collaboration designed to enable AI-driven procurement, sourcing, purchasing, and supply chain management transformation for enterprise manufacturing teams worldwide.
52 
Planergy
MAY 8, 2025
Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. 4] These platforms streamline reporting, reduce risk, and free teams to focus on value creation.
52 
Jaggaer
NOVEMBER 14, 2024
In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.
Una
MARCH 6, 2023
9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.
98 
Spend Matters
FEBRUARY 13, 2025
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , So there was a lot of opportunity to do more and make a bigger impact.
104 
Una
MAY 23, 2023
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.
97 
Una
JULY 6, 2022
Benefits of a Group Purchasing Organization. A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. A group purchasing organization leverages the collective purchasing power of thousands of businesses to secure lower prices for their members. Savings and beyond.
92 
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. However, even with these tools, traditional procurement practices remain susceptible to inefficiencies and overspend.
52 
Supply Chain Game Changer
JANUARY 5, 2021
Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. What is Purchase Price Variance (PPV)? Subscribe Here! Email Address. Get OUR EBOOKS HERE. New materials.
96 
TYA Suite
MAY 13, 2025
Production slows down, orders get delayed, and customer satisfaction dropsall because someone missed a routine purchase. This is where operational procurement proves its true value. Operational procurement refers to the process of purchasing the everyday goods and services a business needs to function.
40 
NLPA (Next Level Purchasing Association)
AUGUST 28, 2024
Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.
Una
MAY 25, 2023
Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. Challenges of procurement risk management Why is procurement risk management so difficult?
96 
Jaggaer
MAY 16, 2025
From Order Fulfillment to Strategic Value Creation Partner This realization is relatively new and comes with a fundamental shift in how the role of procurement is understood. Looking back just 30 years, procurement was mainly seen as an ordering department. But the procurement transformation journey is far from over.
Procurement Insights
APRIL 8, 2025
MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Complex, multi-tiered supply chains Superior (e.g.,
ivalua
OCTOBER 8, 2021
During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Yet in 2020, over two million people purchased goods online. Optimize New Spend . NFR Categories. With change comes innovation.
130 
Procurement Insights
JUNE 3, 2025
Poll Time The following is a poll that was posted in the Global & Purchasing Supply Chain Professionals LinkedIn Group, which has over 164,000 members. The fact is that AI, Generative AI, or Agentic AI doesn’t take you, the procurement professional, out of the equation and turn you into a black box spectator.
Procurement Insights
DECEMBER 20, 2024
ZIP Strengths in Implementation and Payback: Quick Setup: Designed for fast deployment , especially in environments where procurement workflows are manual or fragmented. Immediate ROI Through Workflow Efficiency: Automates purchase requests, approvals, and vendor onboarding, significantly reducing cycle times and errors.
TYA Suite
OCTOBER 27, 2024
This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers. is a comprehensive solution designed to automate and optimize the. We will also discuss how to implement this tool to maximize its effectiveness.
NLPA (Next Level Purchasing Association)
JANUARY 6, 2025
What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. Manufacturing : Optimizes raw material usage, especially in batch production.
Spend Matters
JANUARY 12, 2024
Procurement priorities will shift as budgets increase Driven by expected budget increases in 2024, procurement teams globally will make a dramatic shift in how they spend their time, placing an added emphasis on pursuing ESG goals.
Procurement Insights
APRIL 9, 2025
Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Impact : Lowers supply chain disruption risks by 3040% , ensuring smoother implementations. Scalability in Complex Ecosystems Challenge : Legacy systems struggle to scale across global, multi-tiered supply chains.
SCMDOJO
APRIL 3, 2022
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Procurement price reductions can have a major influence on a business bottom line. It’s time for the Auctioneer to take the stage!
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