Spend Matters

APRIL 30, 2025

Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. Because they are embracing orchestration capabilities to coordinate supplier facing processes across business units and functions and adding value within those orchestrated workflows. AI suggests actions.

Suppliers 82

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 82

Spend Matters

MAY 1, 2025

We continue our Procurement Transformation Guide with a look at implementing an e-procurement transformation. Procurement has moved beyond a transactional function. It is now a strategic enabler of operational efficiency, cost savings and supplier innovation.

Real-time Visibility 75

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 75

Spend Matters

OCTOBER 31, 2024

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” According to one procurement leader we spoke to, all that changed around 2020.

Risk management 115

Risk management Risk Import Real-time Visibility 115

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. AI does more than just improve efficiency.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 105

ivalua

MAY 2, 2025

Here are a few ways such agents can fail: Data Fragmentation: If each AI agent is pulling data from a different source—some might rely on an old ERP system, others on a financial tool, and still others on supplier emails—there’s no guarantee the information is consistent or up-to-date. Because the platform enforces data standards (e.g.,

Procurement 130

Procurement Real-time Visibility Data Contract 130

Spend Matters

JANUARY 14, 2025

Approval lead time is another important metric. This aligns closely with the need for real-time visibility and analytics capabilities so that they can integrate procurement data with their other financial systems to enable data-driven decision making.

Real-time Visibility 121

Real-time Visibility Procurement Budget Procurement team 121

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Spend Matters

MAY 27, 2025

Using technology to bridge the Finance-Procurement gap Once a well-defined technology adoption strategy is established in the collaboration phase, organizations can move to the next step: leveraging technology to bridge the finance-procurement gap. To resolve this, companies need to do the following: 1.

Real-time Visibility 81

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 81

Spend Matters

MAY 13, 2025

Its increasingly evident: GenAI is no longer a future concept; its already reshaping operations in real time. Yet within many procurement functions, a fundamental question persists: Are we truly prepared to lead in this AI-powered future? To address this shift, ProcureAbility has partnered with dSilo.AI

Real-time Visibility 68

Real-time Visibility Procurement Procurement team Strategic sourcing 68

Spend Matters

JUNE 2, 2025

Tracking performance over time is key to measuring the business value the collaboration is delivers. How procurement KPIs support financial reporting and budgeting CFOs rely on accurate financial reporting and forecasting to drive business decisions. Measure contract adherence to ensure supplier agreements align with financial goals.

Sustainability 68

Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 68

Spend Matters

MAY 20, 2025

Bridging the gap between finance and procurement is not just about recognizing misalignments. It requires a structured approach to ensure financial visibility, risk management and cash flow efficiency. Below is a 5-step approach for optimizing cash flow through finance-procurement alignment. For example: 1.

Collaboration 68

Collaboration Real-time Visibility Procurement Suppliers 68

Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 72

Real-time Visibility Procurement e2e Supply Chain Efficiency 72

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Spend Matters

APRIL 16, 2025

The guide is an invaluable tool for anyone thinking about starting or actively undergoing a digitally-enabled procurement transformation. All of the phases are peppered with real-world case studies from the people who have been in your shoes; so you dont have to step into the same holes theyve already avoided!

Procurement 101

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 101

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

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.

Supply Chain Efficiency 52

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

Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Software

MARCH 16, 2025

Digital procurement tools offer both immediate benefits and long-term returns. While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. As a result of better data, procurement teams gain a whole range of benefits.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Planergy

MAY 8, 2025

How to gain visibility and control of your indirect spend. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. Nearly 50% of teams still report productivity slowdowns due to manual data entry, though 43% of leaders are prioritizing change. [4]

Strategy 52

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

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.

Procurement 52

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

SCMDOJO

FEBRUARY 16, 2025

They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 62

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1. HACCP, FSMA, GFSI).

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

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. Blame Game: The team complains the platform is too complex or not intuitive enough. What is the edge one driver has over another? Use this link to check out the group.

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

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

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. HACCP, FSMA, GFSI).

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Procurement Insights

MARCH 23, 2025

“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. Real-time data and AI (e.g.,

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

Procurement Heads

OCTOBER 12, 2022

My role was to professionalise the team, work out where cost savings could be made and put a plan in place to deliver on that. The first thing I did was to strengthen the management of the procurement team. It’s therefore very easy for the team to see the value they are delivering to the company.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

SCMDOJO

APRIL 11, 2025

In particular, the integration of Shopify CRM, about which you may read here [link] , is turning out to be an important tactic for businesses that aspire to harmonize their supply chain operations with timely customer insight, personalized service, and elastic fulfillment. Check out this course by Vera Rozanova!

Supply Chain Efficiency 76

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 76

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Managing a Complex Network of Direct Material Suppliers.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Una

AUGUST 17, 2022

The figure’s head represents the top 1% of strategic suppliers to your organization. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability. Data Insight Strategy.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

ivalua

JUNE 10, 2021

Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen. With real-time pricing and inventory information to ensure that the items selected are available. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

ivalua

FEBRUARY 27, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any Manufacturer looking to stay ahead of the game. The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

ivalua

JUNE 10, 2021

Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen, having a true consumer e-commerce experience at work. Real time pricing and inventory ensures items selected are available.

Real-time Visibility 130

Real-time Visibility Procurement team Purchasing Spend management 130