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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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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Modern procurement automation software helps companies to streamline repetitive tasks, improve cross-team collaboration, and improve visibility across every stage of the buying cycle.

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Manufacturers Must Seek Better Supply Chain Visibility

ivalua

One area that manufacturers need to focus on is improving supply chain visibility. Here we define visibility as having access to accurate, real-time data that enables better decision making and risk mitigation. Visibility all the way up the supply chain. Demand visibility all the way up the supply chain.

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

Jaggaer

Tier 1 suppliers and their suppliers—and their supplierssuppliers—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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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

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.

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Is It Really The End Of The RFP Process As We Know It?

Procurement Insights

Percentage of Suppliers Responding to RFP Requests No definitive, broad-spectrum statistic exists for the percentage of suppliers who respond to RFPs across all industries. Response rates vary widely depending on industry, RFP complexity, supplier capacity, and perceived opportunity value. For example, a Responsive.io

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The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships

Jaggaer

With quantitative and qualitative KPIs, you get a bird’s eye view to understand supplier performance and make more informed decisions. Real-Time Insights for Risk Management Managing supplier risks involves identifying, evaluating, and reducing constraints created by suppliers, and their suppliers as well.