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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing. Maintaining revenue and profitability depends on a resilient and adaptable supply chain. The Challenge: How do you build a supply chain that can withstand unexpected shocks and ensure the smooth flow of materials?

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Purchase-to-Pay (P2P) Automation Automating the purchase-to-pay process is key to reducing manual errors, accelerating procurement cycles, and improving spend control. The solution also provides the transparency that prompts us to take actions and helps accelerate automation in purchasing.” View the full EnBW case study.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Here are some key distinctions to make between Procurement vs. Supply Chain Management: Procurement is responsible for identifying suppliers, negotiating contracts, and ensuring cost-effective, compliant purchases. Understanding the basics of procurement is key to building a scalable, resilient supply base.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

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.

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AI-Powered Supply Chains: Building Resilience in a Complicated World

Supply Chain Brain

For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products. Historically, one would have to rely on experience for purchasing specifications — letting AI know that the two items are, say, a luxury watch and a cheap product.

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Supplier collaboration software: A full overview

TYA Suite

Collaborative efforts can also identify cost-saving opportunities, such as bulk purchasing or optimized logistics, resulting in overall cost reductions for both parties. This integration helps avoid data silos and ensures that all supply chain functions are aligned, improving decision-making and operational efficiency.

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Navigating trade turbulence: What tariffs are really exposing in Procurement

Spend Matters

Evaluating mitigation options , including: Advanced purchasing or inventory building to front-run tariffs. This kind of end-to-end tariff strategy demands visibility, coordination and scenario planning, which are capabilities that traditional procurement tools often lack. Contract rebalancing to shift tariff liability.