Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 121

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 121

Spend Matters

APRIL 10, 2025

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. big data) in real time, spotting correlations and trends that would otherwise go unnoticed. Procurement is at a crossroads.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 105

ivalua

JUNE 5, 2025

Key Takeaways Procurement vs Purchasing: Procurement is a strategic function focused on long-term value, while purchasing handles the tactical execution of buying. Technology unifies procurement and purchasing, improving visibility, compliance, and workflow automation. What is Procurement?

Purchasing 130

Purchasing Risk Procurement Supply Chain Efficiency 130

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Spend Matters

MAY 1, 2025

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. When procurement lacks visibility into budget constraints or supplier performance, inefficiencies arise.

Real-time Visibility 75

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

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Supply Chain Game Changer

AUGUST 24, 2021

Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Latest Technologies Available To Help Different Supply Chain Models. Subscribe Here!

Supply Chain Optimization 119

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 119

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Planergy

MAY 8, 2025

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5]

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 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

Supply Chain Action Blog

NOVEMBER 6, 2024

There is a lot of buzz about the “autonomous” supply chain these days. The subject came up at a conference I attended where the theme was the supply chain of 2030. The Driverless Car Analogy From CBC News [link] I’ve heard the driverless vehicle used as an analogy for the autonomous supply chain.

Supply Chain Efficiency 52

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

Pipefy

APRIL 22, 2025

If youre in procurement or supply chain, chances are youve wondered: How can I rethink this process, make smarter decisions, and still save time? Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

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.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Procurement Insights

JANUARY 19, 2025

Significance : Baan’s software emphasized integration across the supply chain, including procurement processes. i2 Technologies : Specializing in supply chain management, i2 Technologies offered procurement solutions that integrated with broader supply chain processes.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency e2e Supply Chain Optimization 52

Procurement Insights

APRIL 2, 2025

I picked Chevron to prepare the following assessment based on the company’s interest in my recent LinkedIn post and the corresponding poll in the Purchasing & Global Supply Chain Professionals (PGSCP) group. Risk Mitigation: Real-time supplier risk scoring (e.g.,

Agile and Lean Supply Chain 52

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

SCMDOJO

MARCH 24, 2025

Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts. PPV helps assess the accuracy of these estimates by measuring the variance between the estimated and actual costs.

Price 58

Price Purchasing supply chain budgeting Raw materials 58

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? Spend analysis is the catalyst for strategic sourcing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

MARCH 15, 2016

The conference is dedicated to supply chain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. He talked about how that experience with power was a real high at times. Critical tribal knowledge is not documented.

Real-time Visibility 100

Real-time Visibility Supply Chain Efficiency Suppliers Collaboration 100

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 98

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Management can review orders in real-time and spend time on exceptions raised by the system. Subscribe Here!

Supply Chain Efficiency 21

Supply Chain Efficiency Procurement Supply Chain Optimization Real-time Visibility 21

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. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 78

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 78

World of Procurement blog

MAY 8, 2024

The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Common procurement metrics include spend under management, savings targets, supplier lead time reduction, procurement process efficiency gains, sustainability metrics and more.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

TYA Suite

MAY 13, 2025

While it may not seem as strategic or high-profile as long-term sourcing deals, operational procurement is essential. It ensures that every team has the right resources at the right time, without delays or extra costs. that offers real-time visibility into orders, inventory, and supplier performance.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

TYA Suite

APRIL 13, 2025

These issues can waste time, increase expenses, and cause frustration for your team. Over time, these small problems add up, making it difficult to grow smoothly. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions. Thats why switching to an can help.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Supply Chain Game Changer

SEPTEMBER 28, 2022

Subscribe to Supply Chain Game Changer. Make Your Website Visible and Trustworthy! Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. Still, as time passes, you might notice that your website enjoys fewer visits.

Real-time Visibility 97

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 97

Procurement Leaders

JUNE 1, 2022

Five years ago, global logistics company UPS’s procurement function was far from playing a strategic role. The 18-strong procurement finance team is responsible for tracking savings and cost avoidance, as well as handling matters such as working capital, payment terms and supply chain finance.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Procurement Insights

APRIL 3, 2025

Global Reach, Real Impact Participants and speakers come from over 50 countries. Thought Leadership Consistently pushes the conversation forward from autonomous sourcing to orchestration platforms. Thought Leadership Consistently pushes the conversation forward from autonomous sourcing to orchestration platforms.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Procurement Express

DECEMBER 31, 2024

In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc. Understanding these categories is the first step toward better visibility, smarter procurement processes, and tighter budget control. What’s Behind This Disconnect?

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

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