Spend Matters

APRIL 17, 2025

Artificial intelligence use in procurement isnt a distant dream its here, reshaping how procurement professionals work. From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. But where should you begin?

Strategy 98

Strategy Real-time Visibility Procurement Procurement team 98

Spend Matters

JANUARY 14, 2025

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Approval lead time is another important metric.

Real-time Visibility 121

Real-time Visibility Procurement Budget Procurement team 121

Spend Matters

APRIL 10, 2025

Procurement is at a crossroads. Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. For years, procurement teams have been expected to do more with less while working with the same (or even fewer) resources.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 105

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. Many organizations attempt to digitize broken procurement workflows, which only accelerates inefficiencies.

Real-time Visibility 75

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 75

Spend Matters

OCTOBER 31, 2024

A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. According to one procurement leader we spoke to, all that changed around 2020. That statement couldn’t be less true today.

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Risk management Risk Import Real-time Visibility 115

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. Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration.

Real-time Visibility 81

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 81

Spend Matters

MAY 13, 2025

Its increasingly evident: GenAI is no longer a future concept; its already reshaping operations in real time. Yet within many procurement functions, a fundamental question persists: Are we truly prepared to lead in this AI-powered future? To address this shift, ProcureAbility has partnered with dSilo.AI

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Real-time Visibility Procurement Procurement team Strategic sourcing 68

Spend Matters

JUNE 2, 2025

Following on from Phase 4 Leveraging technology to bridge the Finance-Procurement gap of our In-Depth Guide to aligning finance and procurement, Phase 5 looks at how to measure and sustain that success. Tracking performance over time is key to measuring the business value the collaboration is delivers.

Sustainability 68

Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 68

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. In short, AI is making manufacturing procurement faster, smarter and more resilient than ever.

Real-time Visibility 72

Real-time Visibility Procurement e2e Supply Chain Efficiency 72

Spend Matters

MAY 20, 2025

We introduced our series on aligning finance and procurement for cash flow optimization and liquidity. We then outlined the differing priorities of finance and procurement and how they might be aligned and identified misalignments between finance and procurement. Step 1: Define the problem Why does the misalignment matter?

Collaboration 68

Collaboration Real-time Visibility Procurement Suppliers 68

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. 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.

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Price Strategy Sourcing Real-time Visibility 264

Spend Matters

APRIL 16, 2025

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Exploring the world of procurement tech in Q1 Spend Matters Insider coverage in Q1 included more than just our staple Vendor Analyses. The success of the Procurement team at Utz Brands, Inc.,

Procurement 101

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 101

Planergy

MAY 8, 2025

How to gain visibility and control of your indirect spend. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms.

Strategy 52

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

Procurement Software

MARCH 16, 2025

Digital procurement tools offer both immediate benefits and long-term returns. While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. As a result of better data, procurement teams gain a whole range of benefits.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 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

Spend Matters

APRIL 30, 2025

Procurement has long sought a strategic seat at the table. The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Against this backdrop, a new model is emerging: procurement as Orchestrator of Value.

Suppliers 82

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 82

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Procurement Insights

JUNE 3, 2025

Now, you may wonder what that has to do with the procurement profession and AI. As you will soon discover, everything, especially when it comes to the development of today’s procurement professionals. Blame Game: The team complains the platform is too complex or not intuitive enough. Use this link to check out the group.

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing. Supplier Data Quality & Management in Decision Making.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

TYA Suite

MAY 13, 2025

This is where operational procurement proves its true value. But what exactly does procurement operations mean, and why is it so important? In this blog, well explore the true meaning of operational procurement, how it supports core business functions, and the impact it can have on overall performance.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

TYA Suite

JANUARY 27, 2025

Managing procurement manually can be fraught with challenges such as delays, human errors, and lack of visibility. Enter procurement management software, a game-changer that can streamline and optimize the entire. The typical procurement cycle includes: Determining the products or services required.

Real-time Visibility 40

Real-time Visibility Procurement Management Purchase orders 40

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. 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.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Heads

OCTOBER 12, 2022

I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. My role was to professionalise the team, work out where cost savings could be made and put a plan in place to deliver on that. Tell us about your role.

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Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

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

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Helps businesses drive cost savings and mitigate procurement risks.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 62

TYA Suite

MAY 23, 2025

The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. Procure to pay automation addresses these issues by digitizing and streamlining the entire cycle, from to invoice payment.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency e2e 40

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. It doesnt have to be that way.

Supply chain management 52

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

Jaggaer

APRIL 24, 2025

By the time I have finished writing this article, and certainly before it is published, the situation will have changed. One is reminded of the Chinese proverb, Better to be a dog in times of tranquility than a human in times of chaos. Procurement must adjust accordingly. And insight is what we got, in spades.

Demand 52

Demand Logistics Real-time Visibility Supply Chain Optimization 52

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

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. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

SCMDOJO

APRIL 11, 2025

In particular, the integration of Shopify CRM, about which you may read here [link] , is turning out to be an important tactic for businesses that aspire to harmonize their supply chain operations with timely customer insight, personalized service, and elastic fulfillment. Check out this course by Vera Rozanova!

Supply Chain Efficiency 76

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 76

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. This shape represents your entire procurement spend. It's decentralized by buyers in the business (not procurement people). Put simply, procurement teams can’t do everything.

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Real-time Visibility Spend management Procurement team Purchasing 98

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. Money buys less than before How should procurement manage inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130