Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors.

Supply Chain Efficiency 82

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 82

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

Procurement solutions 40

Procurement solutions Supply Chain Optimization supply chain budgeting supply chain software solutions 40

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way.

Risk 52

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

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

Procurement strategies 92

Procurement strategies Innovation Strategy Procurement 92

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Cost of ownership 79

Cost of ownership Procurement Category management supply chain software solutions 79

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Zycus Cognitive Procurement

JANUARY 24, 2023

So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

Procurement team 130

Procurement team Collaboration Procurement supply chain budgeting 130

Empowering CPO

JULY 17, 2023

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

Procurement 77

Procurement Price Buyers supply chain budgeting 77

Procurement Software

MARCH 11, 2022

Like it or not, cost avoidance is a hard sell to most CFOs. Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Like it or not, cost avoidance is a hard sell to most CFOs. Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Planergy

AUGUST 8, 2023

It’s often tedious for many companies, as procurement involves identifying the right supplier and ensuring that goods and services meet organizational needs. Organizations are constantly exploring new procurement methods to create a more strategic procurement strategy and ensure competitive procurement.

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. The Spend Matters Almanac and Solution Map.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. The Spend Matters Almanac and Solution Map.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Planergy

NOVEMBER 29, 2022

As a procurement professional , you always look for ways to improve your process and increase your company’s bottom line. It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. The most common reason is to save money.

Supplier consolidation 52

Supplier consolidation Risk Suppliers supply chain budgeting 52

The Procuretech Podcast

NOVEMBER 2, 2021

At the end of the day, I'm just one person who has a keen interest in digital procurement technology. I'm not an academic or a researcher, but I do take a passionate interest in what is out there and I have some strong views on what I feel should be the priorities when it comes to digital procurement transformations. Spend Matters.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Procurement solutions Procurement 40

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Spend Analytics tech capabilities What’s the state of the procurement technologies in the market today and do they meet user demands? SaaS licenses) and supply chain planning systems.

Real-time Visibility 75

Real-time Visibility Data e2e Quality 75

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. Knowing when to use which document for what purpose can dramatically improve your procurement process. If you work in procurement, you know that there are a lot of acronyms to keep track of. Written by. Lyle Del Vecchio. 15 min read. Download PDF. KEY TAKEAWAYS. But what do they all mean?

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52