SCMDOJO

DECEMBER 29, 2024

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

ivalua

JULY 3, 2025

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Both focus on improving efficiency and reducing costs but differ in their strategic approach and impact on the core business operations. Find Out More What Is Procurement?

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supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

Supply Chain Game Changer

JUNE 28, 2025

4 Ways Blockchain is Revolutionizing Supply Chain! Supply chain management has witnessed a growing blockchain application in recent times. Zion Market Research says that by 2028, the market for blockchain technology in supply chain management will be worth more than $3.1 trillion, growing at a rate of 51.3%

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Supply Chain Efficiency Supply chain Raw materials Supply chain management 78

ivalua

JUNE 12, 2025

This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.

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

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

Agile and Lean Supply Chain 130

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

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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Price Purchasing supply chain budgeting Raw materials 69

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

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ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

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ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

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Procurement Supply Chain Optimization supply chain software solutions Procurement team 130

Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders. We provide customers with ROI calculations, use cases, and other tools to help quantify the potential savings and efficiency gains.

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

ivalua

JULY 21, 2025

Organizations leverage procurement software to achieve heightened efficiency, accuracy, and compliance in their procurement activities. Automated approvals and purchase orders: Built-in workflows reduce cycle times while ensuring activity aligns with internal policies and external regulations.

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Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

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Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 112

Supply Chain Game Changer

JULY 19, 2025

Subscribe Digital Procurement Improves Supply Chain! Building long-term partnerships requires transparency about your needs and expectations. By anticipating supply chain fluctuations, securing backup suppliers, and improving communication with vendors, you can minimize delays and ensure a steady flow of materials.

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Supply Chain Efficiency Procurement supply chain budgeting Agile and Lean Supply Chain 76

ivalua

JULY 1, 2025

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. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.

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Procurement strategies Strategy Real-time Visibility Procurement 130

Spend Matters

DECEMBER 16, 2024

Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle. In part 3 we look at the tech that can support Procurement in tariff management.

Management 112

Management Agile and Lean Supply Chain Supply Chain Efficiency Material management 112

ivalua

JULY 1, 2025

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. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.

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Procurement strategies Strategy Real-time Visibility Procurement 130

Spend Matters

OCTOBER 31, 2024

“Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners. The traditional ways of driving cost savings with multiple RFQs, e-auctions, sourcing from low-cost countries are no longer very effective. What is the road ahead for True ValueHub? “We

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Spend Matters

MAY 1, 2025

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. A well-structured transformation journey ensures organizations progress from basic digitalization to advanced AI-driven procurement, enabling smarter decision-making, better compliance and optimized supply chain performance.

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Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so.

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Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

ivalua

MAY 21, 2025

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.

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

SCMDOJO

APRIL 11, 2025

Supply chains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable. A resilient supply chain is one that can absorb shocks and continue functioning with minimal disruption.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 69

Supply Chain Game Changer

FEBRUARY 7, 2025

Subscribe The Supply Chain Renaissance Has Begun! The supply chain industry faces a transformative era heading into 2025. If you want to know how these factors influence daily operations or redefine long-term strategies, read on for an insightful look at the future of supply chain management.

Supply Chain Efficiency 52

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

ivalua

JUNE 3, 2025

Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. TEI helps organizations measure ROI, NPV, and efficiency gains from implementing solutions like Ivalua’s Source-to-Pay (S2P) platform. These results are more than just statistics.

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Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

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

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery.

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Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.

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Purchasing supply chain budgeting Purchase orders Quantity 40

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

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Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Insights

JULY 2, 2025

Paul Nilsen, Purchasing Manager – Willis North America, New York, NY ** ** (NOTE: Yes, I do keep track of all the professionals who have interacted with Procurement Insights since the blog was launched in May 2007, as it provides a glimpse into how our industry has progressed over these many years.) Web Resources: [link] [link] [link].

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 59

Supply Chain Game Changer

FEBRUARY 20, 2025

However, the rise of Artificial Intelligence (AI) has revolutionized inventory management, empowering businesses with smarter and more efficient solutions. In this blog, we will explore the benefits of AI-driven inventory management and how it can help organizations reduce costs and maximize efficiency.

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supply chain budgeting Supply Chain Efficiency Inventory Supply Chain Optimization 52

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. By automating routine tasks, streamlining communication, and centralising information in one single source of truth, you create tangible quick wins.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

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Supply Chain Optimization Supply Chain KPIs Category management Supply Chain Efficiency 98

Supply Chain Dive

JUNE 23, 2025

Skip to main content Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. To remain competitive, organizations must fundamentally rethink their approach to supply chain management.

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Agile and Lean Supply Chain Collaboration Supply Chain Efficiency Supply chain 105

Procurement Express

DECEMBER 24, 2024

The way businesses handle purchasing is evolving. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. What is Purchase Order Management? How Does Purchase Order Management Work?

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Purchase orders Purchasing Management Real-time Visibility 52

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. trillion , a 9.3% increase from 2024.

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Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 52

Procurement Software

JULY 6, 2025

Unlike our colleagues purchasing direct materials, measuring hard savings – i.e. those visible on the P&L statement – becomes a complex puzzle in the indirect space. How do you consistently generate measurable savings on categories that are purchased irregularly or have highly variable specifications?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Skill Dynamics

JANUARY 16, 2025

Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records. As a result, teams achieve greater productivity and efficiency. Its when youre ready to make a strategic change.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

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