ivalua

AUGUST 1, 2022

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

Spend Matters

APRIL 4, 2024

Vendors in focus in Q1 In Q1, Spend Matters published 18 Vendor Analyses as part of our Insider coverage. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management.

Procurement 79

Procurement Risk management Raw materials supply chain software solutions 79

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua.

Supply Chain Efficiency 130

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

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management.

Suppliers 145

Suppliers Management Risk Purchasing 145

ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Identify areas of highest spending and categorize them to understand buying patterns. Risk Management Strategies : Supplier qualification processes ensure reliability and quality.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Spend Matters

JANUARY 16, 2024

Here, spend analytics, e-sourcing and tail spend management have emerged, not just as business tools but also as catalysts of change, sculpting a new narrative in the source-to-pay domain. Tail spend management: Unveiling hidden treasures Often overlooked, the tail end of spend holds untapped potential for cost optimization.

Procurement solutions 76

Procurement solutions Procurement Spend management Supply Chain Optimization 76

Zycus Cognitive Procurement

JULY 30, 2021

SUPPLIER RELATIONSHIP MANAGEMENT (SRM) MATURITY IS CORRELATED WITH PROFITABILITY. Hence, procurement teams are compelled to scale up, scale down, pause, or even accelerate processes depending on the market situation and current supplier dynamics. Concerns around supplier data integrity.

Supplier relationship management 52

Supplier relationship management Suppliers Management Procurement 52

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Pipefy

JANUARY 30, 2024

From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Consolidating all P2P activities in one place will provide a better experience for employees, requesters, and suppliers. Supplier performance management.

Agile and Lean Supply Chain 52

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

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. 78% engage suppliers more collaboratively than they did 3 years ago.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

Planergy

SEPTEMBER 8, 2022

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. Written by.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. What is tail spend?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 73

e2e Procurement supply chain software solutions Contract 73

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

They all include enhancements of: Spend Management. The underpinning of effective spend management is the capacity to formulate and execute an Annual Buying Plan. Historical Spend: A summary of the previous years’ expenses for procuring each commodity. Decisions around Supplier Selection.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk management 20

Risk management Risk Management Real-time Visibility 20

Una

NOVEMBER 16, 2022

The centralized procurement team scopes out the project, approaches the market, evaluates suppliers , negotiates a volume discount, and awards the contract to a single supplier. Better communication and relationships with suppliers. Enables tail spend auditing to prevent savings leakage. Improved supplier risk management.

Procurement 98

Procurement Purchasing Procurement team Supplier negotiation 98

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Vendor analysis is crucial for risk management. What's Planergy? The criteria used in vendor analysis can vary depending on the business’s needs.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

ivalua

MARCH 31, 2020

31 March, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.

Procurement 130

Procurement Procurement team supply chain software solutions Supply chain 130

Arkestro

MARCH 27, 2024

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

ivalua

SEPTEMBER 10, 2020

Malmö, Sweden 9 September, 2020 – Stretch Procurement, a leading Scandinavian consulting company, today announced a partnership with Ivalua, a leading provider of global Spend Management Cloud solutions. Under the partnership, Stretch will provide implementation and transformation services leveraging Ivalua’s platform. .

Procurement 100

Procurement Eprocurement Spend management Leadership 100

Zycus Cognitive Procurement

JANUARY 24, 2023

2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

AUGUST 31, 2023

Procurement professionals are tasked with not only finding cost-effective suppliers but also ensuring the sustainability and competitiveness of their companies. This constraint can hinder their ability to analyze spend data, discover suppliers, negotiate favorable terms, and find cost savings.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Jaggaer

MAY 7, 2019

A bank’s suppliers are, in most cases, also its customers. Let’s say, for example, a supplier of facility management fails to meet its contractual obligations, causing the bank to make substantial losses. How Choosing the Right Spend Management Solution Can Help. Procurement’s Role in the Banking Industry.

Supply Chain Efficiency 75

Supply Chain Efficiency Procurement Chief Procurement Officer Spend management 75

Procurement Software

MARCH 11, 2022

Let’s look at why these are bad when it comes to spend management and controlling expenses. This is giving licence to the supplier to charge whatever they please and nobody is the wiser. It’s like having “rip me off” emblazoned on your t-shirt when you meet the supplier. What is a Free Text Purchase Order? What spares?

Risk 52

Risk Purchase orders Spend management Purchasing 52

Procurement Software

MARCH 11, 2022

Let’s look at why these are bad when it comes to spend management and controlling expenses. This is giving licence to the supplier to charge whatever they please and nobody is the wiser. It’s like having “rip me off” emblazoned on your t-shirt when you meet the supplier. What is a Free Text Purchase Order? What spares?

Risk 52

Risk Purchase orders Spend management Purchasing 52

Procurement Software

NOVEMBER 14, 2023

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. The cost of change is high, as is the risk of switching to another provider. The legacy business spend management suites can also follow a similar business model.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Geopolitical manipulation on suppliers worldwide adds to the pressure.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Spendkey Spendkey provides a SaaS platform that simplifies spend analytics at all levels of your organisation. Thinking Machine offers a quick way to identify discrepancies in supplier invoices.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Empowering CPO

JUNE 20, 2023

Definition of Tail Spend and Its Importance in Procurement Tail spend, or non-strategic spend, typically refers to the approximately 20% of a company’s purchases that account for about 80% of its suppliers. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40