Spend Matters

JANUARY 7, 2025

For example, finance teams are mostly conscious of ROI, TCO reductions and cost savings metrics, while risk and compliance teams want to see data that demonstrates improved compliance rates and reduced risk exposure. Procurement teams are generally more interested in how the software is used.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

ivalua

MAY 31, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Why is Supplier Information so important?

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Spend Matters

MARCH 12, 2025

Nearshoring and ally-shoring arent just buzzwords anymore; theyve shot to the top of the agenda for anyone trying to keep supply chains resilient and businesses competitive. And one way to do that is to rethink where organizations source from. Thats where discovery tools like Forestreets platform come into play.

Suppliers 80

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

ivalua

JUNE 26, 2023

The final session of the day, ‘Driving Sustainable Procurement’ was presented by Stephen Carter. Steve discussed how Procurement teams are in a unique position to drive sustainable initiatives within their organizations and the steps they need to take to drive these changes.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

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

Arkestro

DECEMBER 26, 2024

According to Gartner , 50% of large global companies are expected to implement AI and advanced analytics in their supply chains in 2025. Procurement teams are already using AI-powered tools to analyze vast amounts of data to identify patterns, predict trends, and recommend actions. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

FEBRUARY 16, 2025

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. Enhances AI-driven supply chain resilience. Uses AI to optimize resource allocation and streamline workflows.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 57

Planergy

MAY 8, 2025

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] In 2025, this is finally starting to shift at scale.

Strategy 52

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

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Subscribe Here!

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Jaggaer

FEBRUARY 5, 2025

Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience. A strategic sourcing framework built on these principles helps organizations maintain agility and resilience in an evolving market.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Arkestro

MAY 14, 2025

The investment will accelerate Arkestros ongoing innovation in AI-powered procurement technology, advancing its mission to help enterprises unlock hidden savings, reduce supply chain risk, and drive operational efficiencyempowering procurement teams to focus on strategic, high-impact initiatives.

Innovation 52

Innovation Procurement Agile and Lean Supply Chain Procurement team 52

Barkers Procurement

MAY 7, 2025

In a world where geopolitical uncertainty is becoming commonplace, and retailers must stay resilient, leaders would be wise to apply a lesson from the past: make visibility an absolute priority. When Covid-19 first hit five years ago, retailers experienced the need for supply chain resilience.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Chief Procurement Officer Supply chain Supply chain resilience 52

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!

Real-time Visibility 130

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

Procurement Insights

JANUARY 3, 2025

Integration with Sustainability Goals : CFOs began to value procurement’s contributions to corporate social responsibility (CSR) , particularly in sourcing ethically and supporting sustainability initiatives. CFOs began to see procurement as critical to business continuity and organizational agility.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. .

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Arkestro

JANUARY 4, 2023

Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey. Procurement has had massive challenges and targets over the past year: Managing inflation. As Winston Churchill once said, “Never let a good crisis go to waste.”

Supply Chain Optimization 104

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

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

APRIL 27, 2023

“They’re finally making some inroads towards modernizing their supply chains, much like the consumer-facing entities had to do decades ago.” FCL: A Success Story FCL is one organization who successfully transformed its Procurement function, right in the middle of the Covid-19 pandemic.

Supply Chain Efficiency 130

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

ivalua

APRIL 27, 2023

“They’re finally making some inroads towards modernizing their supply chains, much like the consumer-facing entities had to do decades ago.” FCL: A Success Story FCL is one organization who successfully transformed its Procurement function, right in the middle of the Covid-19 pandemic.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Nurture Supplier Relationships to Support Agility and Resilience. Through digital transformation, Meritor not only achieved its goals, but brought $1.8

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Jaggaer

APRIL 16, 2025

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. On the demand side, there is pressure to do more with less.

Procurement 52

Procurement Demand Planning Data interpretation Supply Chain Efficiency 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

Procurement Tactics

JUNE 7, 2023

Shared value creation Supplier collaboration fosters shared value creation through enhanced innovation, improved operational efficiency, and supply chain resilience. This feature reduces the workload and administrative tasks for procurement teams, enabling them to concentrate on essential supply chain operations.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Insights

SEPTEMBER 30, 2024

In short, supply chain resilience, in which we “maintained steady operations, protected revenue, and sustained customer trust in an increasingly volatile global environment,” wasn’t established with technology.

Supply chain resilience 52

Supply chain resilience Supply chain Procurement team Contract 52

Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology.

Procurement 52

Procurement Chief Procurement Officer Procurement team Buyers 52

Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 57

Procurement solutions Procurement Chief Procurement Officer Procurement team 57

Arkestro

APRIL 22, 2025

The New Era of Procurement Now, imagine a world where procurement teams could dramatically speed up processes and shape negotiation outcomes in their favor. Procurement teams get better pricing, the ability to influence more spend, and reduced risk. No spam, just relevant procurement news and tips.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Negotiation 52

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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

Value Match

FEBRUARY 23, 2023

Below are some examples: Conduct a supply chain risk assessment : Procurement teams can start by assessing the risks associated with sea level rise, including the impact on operations and infrastructure. Monitor and adapt: Procurement teams should monitor the changing risks and adapt their strategies accordingly.

Procurement team 52

Procurement team supply chain software solutions Supply chain resilience Bidding 52

Procurement Insights

MAY 10, 2025

MODEL 2 Jon Hansen’s Procurement Insights Practitioner Service Offering , which includes his Proprietary Historic Industry Archives , is recognized for delivering substantial Return on Investment (ROI) , particularly for mid-market and enterprise procurement teams.

Procurement 52

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

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. No spam, just relevant procurement news and tips. Subscribe to news from Arkestro.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Procurement Heads

DECEMBER 15, 2022

The other thing over recent times is sustainable procurement, it has become more and more of a priority and is a new topic for us as professionals. What do you think are some of the key focus areas for procurement right now?

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

HICX

MAY 12, 2023

Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.” He gives an example in the area of supply chain resilience. This illustrates that these problems are not just procurement issues.

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. This includes the procurement of materials, where they come from, and the conditions in which they were produced. In September 2021, the team developed a template to ensure a consistent, objective approach was taken to each of these one-to-one meetings.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130