ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

Suppliers 195

Suppliers Bill of materials Procurement team Risk management 195

Supply Chain Dive

JANUARY 16, 2025

The ocean carrier used Craft's supply chain intelligence platform to help navigate last fall's East and Gulf Coast port strike.

Procurement team 139

Procurement team Suppliers Supply chain Procurement 139

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 107

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 107

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Click here!

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

Spend Matters

DECEMBER 23, 2024

Metrics around supplier consolidation and spend concentration are also common. Customers use Onventis to consolidate suppliers and negotiate better terms. By automating routine tasks, procurement teams can focus on strategic initiatives, which appeals to CFOs and finance teams.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

Spend Matters

MARCH 12, 2025

This Spend Matters Vendor Analysis gives an overview of Forestreet, a supplier discovery solution. In a world that feels like it is constantly teetering on the edge of chaos or permacrisis, procurement professionals must master uncertainty by building resilience and agility. This content is for members only.

Suppliers 80

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 80

Spend Matters

APRIL 17, 2025

Level 2: The smart optimizations Medium-effort AI for deeper insights Once the basics are in place, procurement teams can move up the AI ladder to more sophisticated use cases. AI-powered catalog management is another game changer, using predictive analytics and anomaly detection to ensure accurate and optimized supplier offerings.

Strategy 99

Strategy Real-time Visibility Procurement Procurement team 99

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 77

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77

Spend Matters

NOVEMBER 5, 2024

Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership.

Procurement 113

Procurement Competitive analysis Strategic sourcing Strategic sourcing 113

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

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

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.

Stakeholder engagement 98

Stakeholder engagement Management Procurement Influencing 98

ProcurePort

SEPTEMBER 20, 2022

• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • Such circumstances make it important for procurement teams […].

Buyers 246

Buyers Negotiation Purchasing Strategy 246

Spend Matters

MAY 14, 2025

Procurement teams that manage direct materials sourcing continue to face persistent challenges, even as digital tools become more widely adopted. The situation is further complicated for global supply chains, particularly when suppliers are located in regions with strict data regulations and infrastructure challenges, such as China.

Sourcing 83

Sourcing Buyers Procurement team Bidding 83

Spend Matters

MAY 13, 2025

Yet within many procurement functions, a fundamental question persists: Are we truly prepared to lead in this AI-powered future? Traditional procurement teams continue to grapple with familiar, persistent challenges, such as manual data entry, siloed systems, outdated tools and limited visibility into spend categories or supplier performance.

Real-time Visibility 69

Real-time Visibility Procurement Procurement team Strategic sourcing 69

SCMDOJO

OCTOBER 28, 2024

By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth. For example, below are 5 reasons why procurement folks should attend S&OP Reviews.

Procurement 91

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 91

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

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. ,

Influencing 106

Influencing Procurement supply chain budgeting e2e 106

Spend Matters

OCTOBER 31, 2024

Traditionally, procurement was very focused on a firm’s financial health, and controls regarding these aspects have been in place for quite a long time (this is why all major supplier management solutions have had D&B integrations for more than 20 years). Procurement already understood the supply base.

Risk management 117

Risk management Risk Import Real-time Visibility 117

Spend Matters

JANUARY 7, 2025

From the measurement of greenhouse gas reductions (Scope 1, 2, and 3 emissions) to the percentage of procurement spend directed toward suppliers using renewable energy, the ability of our software to visualize quantitative data efficiently is central to buying decisions.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

ProcurePort

AUGUST 31, 2021

With the increasing adoption of technology in procurement, many Chief Procurement Officers (CPOs), accounts payable teams, and suppliers are turning to electronic invoicing as a viable solution to the issue of invoicing in a digital era. Digital transformation is taking center stage as procurement teams look […].

Chief Procurement Officer 245

Chief Procurement Officer Procurement team Procurement Suppliers 245

ivalua

JANUARY 8, 2023

For procurement organizations, the German Supply Chain Act presents both challenges and opportunities. The new set of regulations add an additional layer of compliance and risk management to the procurement process. Further, it is essential that supplier management and data is holistic (i.e.,

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Barkers Procurement

DECEMBER 12, 2024

It will require careful planning across multiple areas, not the least of which is supplier relations. And this is where CPOs must take heed: while relationships with key suppliers are crucial, smaller businesses must not be neglected. There is, but only with a mindset that prioritises a smooth relationship with small suppliers.

Suppliers 52

Suppliers Bidding Negotiation Procurement team 52

Spend Matters

FEBRUARY 9, 2025

In todays globalized market, the financial health of suppliers has become a critical concern. It offers an in-depth financial risk assessment solution designed to evaluate the financial viability of suppliers through comprehensive analysis of financial statements of public and private companies.

Risk 96

Risk Procurement team Suppliers Buyers 96

Spend Matters

MAY 14, 2025

The focus is not only on savings but on making procurement decisions that are consistent, explainable and aligned with overarching company/business goals. It is about running an RFx or finding new suppliers in response to a trigger, like a contract expiry, a supply issue or a cost-cutting initiative. What is Cirtuo?

Category management 96

Category management Spend management Management Sourcing 96

Spend Matters

JANUARY 8, 2025

As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources. Zips value proposition is to provide requesters and stakeholders with an intelligent, intuitive front-end to their ERP or P2P.

Market analysis 113

Market analysis Procurement team Sourcing Buyers 113

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

ivalua

FEBRUARY 8, 2023

The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures. As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these.

Supply chain resilience 242

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

Arkestro

MAY 2, 2025

Resources / Infographics / Understanding Tiered Automotive Suppliers (And How Predictive Procurement Can Help) Understanding Tiered Automotive Suppliers (And How Predictive Procurement Can Help) Original Equipment Manufacturer (OEM) The name brands we know and love such as GM, Ford, Volkswagen, etc.

Suppliers 52

Suppliers Raw materials Procurement Ethics 52

Procurement Leaders

JUNE 20, 2023

These areas of spend have historically resisted procurement influence. These can comprise of elements of the business that are seen as business critical (such as marketing) or in which stakeholders enjoy long-lasting supplier relationships (such as professional services). Markets are complex and the internal landscape is elaborate.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

ivalua

NOVEMBER 28, 2022

“These findings lay bare the significant toll of supply chain disruption on UK businesses,” comments Alex Saric, smart procurement expert at Ivalua. Supply continuity has been left on life support after repeated blockages and restarts, resulting in supplier failure and organisations struggling to onboard new suppliers to kick-start supply.

Agile and Lean Supply Chain 279

Agile and Lean Supply Chain Supply chain Supply Spend management 279

RPF360

AUGUST 25, 2022

How do you measure the success of your procurement team? Procurement KPIs quantify, capture and report the efficiency and effectiveness of the department. Explore cost, operational, supplier and individual KPIs. The post Procurement KPIs: How to quantify value and measure success appeared first on RFP360.

Procurement 201

Procurement Procurement team Suppliers 201

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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 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

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 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73