Remove Real-time Visibility Remove Strategic sourcing Remove Supply Chain Visibility
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Key Takeaways Procurement technology is evolving from basic digitization to a strategic enabler, helping enterprises automate processes, reduce risk, and improve supplier collaboration. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.

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The AI advantage: Why procurement can’t afford to sit on the sidelines

Spend Matters

AI is the game-changer that allows procurement professionals to escape the cycle of transactional work and focus on what really moves the needle: strategic sourcing, supplier collaboration, and advanced analytics. big data) in real time, spotting correlations and trends that would otherwise go unnoticed.

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Navigating the Top 3 Procurement Challenges in 2025

Jaggaer

However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Demand planning capabilities.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

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.