ivalua

MARCH 24, 2021

Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. To foster inter-enterprise collaboration, best-in-class procurement teams are implementing cloud-based technologies that support workflow-enabled processes.

Supply Chain Efficiency 130

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

Procurement Templates

MARCH 3, 2024

Risk Assessment : Identifying potential risks associated with procurement activities is essential for effective planning and mitigation. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc. Develop strategies to mitigate these risks and build resilience within the supply chain.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Templates

APRIL 10, 2022

The outsourcing trend and the growing importance of supply chains are affecting working conditions, as well as the health and safety of suppliers and contractors, all of which need to be consolidated and addressed in weekly or monthly meetings. any initial supply chain.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

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.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

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.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Arkestro

MAY 10, 2023

Events / Reuters Supply Chain USA 2023 Thanks for connecting with us at Reuters Supply Chain USA May 17-18, 2023 | Chicago, IL Whether you attended the Keynote Panel with Target, Newell Brands, Okabashi, Supply Chain NOW and Arkestro or simply stopped by our booth, we are so glad to have met you at Supply Chain USA 2023!

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Procurement team 52

Arkestro

MAY 10, 2023

Events / Gartner Supply Chain Symposium Xpo 2023 It was great seeing you at the Gartner Supply Chain Symposium Xpo May 8-10, 2023 | Orlando, FL Whether you attended networking sessions with us or simply stopped by our booth, we are so glad to have met you at the Gartner Supply Chain Symposium! Right Price.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Networking 52

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Arkestro

FEBRUARY 20, 2024

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% How does Predictive Procurement Orchestration Work? The result?

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

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 solutions 88

Procurement solutions Procurement supply chain budgeting Procurement team 88

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

Empowering CPO

FEBRUARY 23, 2024

As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Procurement teams can proactively manage inventory, negotiate contracts, and mitigate risks. Data governance ensures reliable insights.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. Descriptive analytics can help identify patterns and trends.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. Descriptive analytics can help identify patterns and trends.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Arkestro

JANUARY 4, 2023

In 2022, procurement faced challenges on multiple fronts. Among them were supply chain disruptions , inflation, and supply scarcity and shortages. Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Arkestro

MAY 16, 2023

We were able to go live within days of engaging with Arkestro, creating faster time to value,” stated Mike Novello , VP of global supply chain. Arkestro addresses the common barriers to supply chain and procurement success – ‘time, scale, and insight’ across multiple spend types and categories.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Procurement Supply 52

Procurement Tactics

JULY 23, 2023

For example, the procurement team looks at their office supplies and finds some outdated technology accessories and too many stationery items that they rarely use. This involves closely aligning procurement with production requirements, and procuring materials and supplies in quantities that meet immediate production needs.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain! Let’s explore further.

Real-time Visibility 130

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

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Spend Matters

OCTOBER 19, 2023

We are pleased to announce that the recognized Future 5 providers are: akirolabs — Founded by procurement veterans, akirolabs is a Berlin-based digital solution that helps transform procurement from a tactical function to a value orchestrator. Its founders have extensive supply chain and enterprise technology experience.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 89

Arkestro

JULY 6, 2023

Plant shutdowns, production disruptions, supply shortages, and demand surges wreaked havoc on the automotive world in 2020. And unfortunately, many of those same issues are major pain points for procurement teams today. million cars from production due to ongoing supply chain issues and semiconductor shortages.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Procurement 52

NLPA (Next Level Purchasing Association)

JANUARY 16, 2024

Fueling Innovation : The best procurement teams don’t just buy things; they act as strategic partners. Mitigating Risk : Supply chain disruptions, quality issues, and price volatility can all pose significant threats to your business. Conclusion The role of procurement is undergoing a significant transformation.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Supply Chain Optimization 52

Procurement Templates

JUNE 18, 2023

ChatGPT Procurement departments can take several steps to manage inflation effectively. Here are some strategies and practices that can be implemented: Long-term contracts: Procurement teams can negotiate long-term contracts with suppliers that include price adjustment mechanisms.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. This helps procurement teams make informed decisions and negotiate better contracts, potentially saving significant costs.

Agile and Lean Supply Chain 52

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

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. Historically, Procurement for retail has been largely centralized: Stores request and receive inventory from corporate as needed. Optimize New Spend

Procurement 130

Procurement Supply Chain Optimization Procurement team Purchasing 130

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. The foundational goals of most procurement teams are the essentials – cutting costs and being efficient.

Supply Chain Efficiency 88

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 88

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

World of Procurement blog

APRIL 23, 2024

Spend Under Management Measures the amount of spend that the procurement team actively manages, aiming for higher percentages for better control. Purchase Order Cycle Time Evaluates the efficiency of the procurement process by measuring the time from when a purchase request is made to when the order is completed.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

Spend Under Management Measures the amount of spend that the procurement team actively manages, aiming for higher percentages for better control. Purchase Order Cycle Time Evaluates the efficiency of the procurement process by measuring the time from when a purchase request is made to when the order is completed.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

Spend Matters

JANUARY 4, 2023

It addresses complex challenges involved in the optimization of product and supply chain designs with a new approach that opens the door to new use cases and markets for procurement teams. Read more. ).

Supply Chain Optimization 77

Supply Chain Optimization Supply Procurement team Sustainability 77

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Now, anyone can follow the full journey of a shrimp through the supply chain. How is sourcing strategy different than procurement strategy?

Sourcing 102

Sourcing Strategy Supply Chain Efficiency e2e 102

Arkestro

SEPTEMBER 29, 2023

We’ll define autonomous procurement and explain its business impact, then highlight how Arkestro’s Predictive Procurement Orchestration platform is helping organizations quickly find procurement opportunities and deliver value for the business. What is autonomous procurement? Why is autonomous procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52