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. See a Demo.

Purchasing 130

Purchasing Risk Procurement e2e 130

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!

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 84

ivalua

JUNE 12, 2025

Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions. Discover hidden savings and take control of your spend. The culprit?

supply chain budgeting 130

supply chain budgeting Risk Real-time Visibility Supply Chain Efficiency 130

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. is crucial for maintaining strong vendor partnerships.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

ivalua

JULY 1, 2025

Strategic Alignment and Goal Setting Every effective procurement strategy starts with clear alignment to enterprise-wide objectives. No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business.

Procurement strategies 130

Procurement strategies Strategy Real-time Visibility Procurement 130

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.

Real-time Visibility 130

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

ivalua

JULY 1, 2025

Strategic Alignment and Goal Setting Every effective procurement strategy starts with clear alignment to enterprise-wide objectives. No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business.

Procurement strategies 130

Procurement strategies Strategy Real-time Visibility Procurement 130

Supply Chain Game Changer

FEBRUARY 21, 2025

Fortunately, with the advent of contract redlining software , organizations can revolutionize their supplier onboarding workflows and streamline the entire process. Contract redlining software is essentially a specialized tool designed to streamline the contract review and negotiation process.

supply chain software solutions 52

supply chain software solutions Contract Suppliers Supply Chain Efficiency 52

Procurement Templates

DECEMBER 11, 2024

Sustainability and Compliance: Ensure procurement activities align with environmental, social, and governance (ESG) standards and regulatory compliance. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 52

Procurement Insights

JANUARY 3, 2025

Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 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. , So there was a lot of opportunity to do more and make a bigger impact.

Influencing 106

Influencing Procurement supply chain budgeting e2e 106

Supply Chain Game Changer

JUNE 10, 2025

IT Asset Management, or ITAM, refers to the strategic approach of managing and optimizing the life cycle of IT assets within an organization. This process involves tracking, managing, and optimizing hardware, software, and network components from procurement to disposal.

Management 84

Management supply chain software solutions Supply Chain Optimization supply chain budgeting 84

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. What is Procurement Software?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

ivalua

JUNE 17, 2025

In a world of ever-growing economic uncertainty, procurement is at the heart of organizations’ aim to drive efficiency and cost savings. This blog provides an overview of the most significant insights and best practices to make your procurement teams future ready. and is used consistently across an organization.

Sourcing 100

Sourcing e2e Procurement team supply chain budgeting 100

TYA Suite

MAY 23, 2025

This makes it hard for procurement teams to find what they need quickly, and even harder to manage vendors in a smooth, professional way. That is why an increasing number of firms are using Vendor Lifecycle Management Software. This kind of software helps by keeping all vendor information in one central system.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

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.

Real-time Visibility 103

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 103

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. Content: Covers procurement technology (e.g., AI, e-sourcing), spend analytics, and best practices.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Jaggaer

FEBRUARY 5, 2025

Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors. There is still scope for the software to throw some of these factors into the assessment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

TYA Suite

JUNE 22, 2025

It transforms raw procurement data into meaningful insights that support both short-term improvements and long-term strategic goals. Procurement analytics is the process of gathering, examining, and interpreting information about a business's purchasing operations. KPIs monitor procurement performance and analytics' effects.

Procurement 40

Procurement Real-time Visibility Supply Chain Efficiency supply chain software solutions 40

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.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

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 Suppliers Supply Chain Efficiency Real-time Visibility 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.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Software

JANUARY 26, 2025

The Future of Procurement: The Bullish Case In this optimistic outlook, procurement undergoes a transformation driven by compelling external forces. This shift elevates procurement from a reactive cost centre to a proactive driver of both cost optimization as well as sales enablement.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Category management Procurement team 52

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. 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] What's PLANERGY?

Strategy 52

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

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Arkestro

JUNE 9, 2025

Arkestro Chief Strategy Officer and Founder Edmund Zagorin led a discussion sharing how Arkestro’s predictive procurement platform helps streamline complex supply chains and has enabled companies to reduce costs and cycle times while significantly boosting productivity. Both companies were sponsors of this year’s event.

Supply Chain Optimization 52

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

Procurement Insights

APRIL 14, 2025

Adaptive and Efficient Procurement Practices Hansen’s model enables organizations to simulate various procurement scenarios with unprecedented detail, fostering optimization in decision-making and resource allocation. Influence on the Procurement Industry 1.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

TYA Suite

MAY 13, 2025

This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment. The need is recognized and communicated to the procurement team to start the process. is made after the necessity has been determined.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

TYA Suite

JUNE 12, 2025

When business units submit purchasing needs through ad hoc methods such as emails, verbal communication, or disconnected tools, it leads to delays, misalignment, and reduced visibility for procurement teams. To address these challenges, many organizations are now prioritizing a more disciplined and transparent intake process.

Procurement 40

Procurement Real-time Visibility supply chain budgeting Supply Chain Efficiency 40

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. First, it allows companies to identify bottlenecks within the supply chain quickly.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility Contract 40

Procurement Insights

DECEMBER 20, 2024

Enables procurement teams to capitalize on supplier cost reductions (e.g., Focused on Supplier Engagement: Payback comes through better negotiation outcomes, especially in high-value or high-volume procurement categories. Can ProPurchaser deliver optimal ROI without integrating with ZIP? declining raw material prices).

supply chain budgeting 58

supply chain budgeting Procurement Raw materials Supplier negotiation 58

TYA Suite

JULY 3, 2025

In the modern business landscape, procurement extends beyond merely acquiring goods or services; it’s about optimizing processes, fostering collaboration, and achieving better results. Why are procurement collaboration tools a game changer? By using collaborative tools, procurement teams can engage suppliers more effectively.

Collaboration 40

Collaboration Procurement Supply Chain Efficiency Real-time Visibility 40

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. is when a single department, usually the procurement team, manages all purchasing activities for the entire organization. Approval also acts as a gatekeeper to prevent fraud or unnecessary spending.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

TYA Suite

MAY 3, 2025

As I've experienced with NetSharx clients transitioning to Unified Communications as a Service (UCaaS), scalable solutions allow businesses to grow without major overhauls, ensuring the procurement tool can support evolving needs and integrating emerging technology like AI and SD-WAN. Better records mean better outcomes.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

Procurement Insights

MAY 22, 2025

The most notable competitors include: Direct Competitors in Third-Party Risk, Compliance, and Lifecycle Management Competitor Core Focus/Strengths Exiger AI-powered platform for third-party and supply chain risk management, entity monitoring, and compliance automation. Summary Table: Certa.ai vs. Main Competitors Certa.ai

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. The Four Types of Procurement in Education Direct Procurement Direct procurement involves acquiring goods and services directly related to an institution’s core educational mission. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52