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.

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Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

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. Digital procurement replaces manual, and siloed systems with automated processes that provide real-time visibility and improve accuracy.

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Real-time Visibility Procurement Agile and Lean Supply Chain e2e 130

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.

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SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. For example, below are 5 reasons why procurement folks should attend S&OP Reviews.

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Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 95

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

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Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Spend Matters

JUNE 2, 2025

Achieving true alignment between finance and procurement goes beyond initial collaboration it requires ongoing monitoring and measurement of shared objectives. How procurement KPIs support financial reporting and budgeting CFOs rely on accurate financial reporting and forecasting to drive business decisions.

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Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 65

Spend Matters

MAY 27, 2025

Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. This series shapes a five-phase approach to aligning finance and procurement. Audit-ready procurement records help finance and procurement teams maintain strong financial controls and regulatory compliance.

Real-time Visibility 94

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 94

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

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Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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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.

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Planergy

MARCH 18, 2025

Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.

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supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Spend Matters

MARCH 25, 2025

To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success. However, the reality is that stakeholders, including budget owners, business units, etc., largely control procurements level of influence.

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Stakeholder engagement Management Procurement Influencing 89

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.

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Influencing Procurement supply chain budgeting e2e 99

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 69

Real-time Visibility Procurement e2e Supply Chain Efficiency 69

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. 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.

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Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Jaggaer

MARCH 7, 2025

In an era where digital transformation is reshaping industries, government procurement is no exception. Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

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.

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Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

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

Let's Talk Supply Chain

MAY 19, 2025

Lyle will be sharing his journey as one of the co-founders of ProcurementIQ, and Anthony will be giving his perspective on why, after many years in the industry, he decided to go to school for supply chain. Its making it much harder to plan and strategize for de-risking supply chains.

Purchasing 52

Purchasing Supply Chain Efficiency Data Agile and Lean Supply Chain 52

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. 8 Steps to Improve Procurement Efficiency. Establish clear expectations for your supply base.

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Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Arkestro

DECEMBER 5, 2024

It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. Its real-time insights allow procurement teams to respond swiftly and effectively to changing market conditions and component availability.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

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Collaboration Suppliers Supply Chain Efficiency 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. How JAGGAER Helps JAGGAERs ESG solutions help procurement teams integrate sustainability into their sourcing strategies.

Procurement 52

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

Jaggaer

MAY 16, 2025

In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. 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.

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

TYA Suite

MAY 13, 2025

The main goal of operational procurement is to ensure that the right products and services are available when needed, at the best possible cost, with minimal waste or delays. This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation.

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Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking is the process of monitoring and managing procurement activities. Procurement Tracking: Why is it Important?

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. A clear budget 4. What is a Job Order?

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supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Insights

DECEMBER 20, 2024

Immediate ROI Through Workflow Efficiency: Automates purchase requests, approvals, and vendor onboarding, significantly reducing cycle times and errors. Enhances compliance with procurement policies, preventing costly mistakes or delays. Fast ROI Through Cost Savings: Tracks supplier input costs (e.g.,

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supply chain budgeting Procurement Raw materials Supplier negotiation 58

SCMDOJO

JUNE 3, 2025

Come along while we take a look at emerging tech tools and dig deeper into how cost estimation is being transformed into something faster, smarter, and surprisingly budget-friendly. Transparent Costs and Building Strong Supplier Relationships: Discover the valuable role transparency plays in building trust with customers and suppliers.

Procurement 54

Procurement Supply Chain Efficiency supply chain budgeting Budget 54

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. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions.

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Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Tactics

OCTOBER 13, 2022

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. . We will discuss the role of strategic sourcing managers within the procurement team and their responsibilities in a company.

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SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Jaggaer

MARCH 6, 2025

The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. Blockchain Technology: Blockchain ensures transparency, security, and traceability in procurement transactions.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

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.

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