Spend Matters

JANUARY 10, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Covalyze and its solution for cost analytics. Many category managers and buyers struggle with data transparency and aggregation. Using AI, historical company data, third-party data and market data, Covalyze aggregates and analyzes direct materials spend.

Raw materials 93

Raw materials Category management Buyers Price 93

ivalua

JANUARY 13, 2021

Procure-to-Pay is the sequential process we described earlier. It relates to the digitization of this process through specialized tools. Benefits of an eProcurement Solution. – Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Follow us on LinkedIn and Twitter.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

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

ivalua

JULY 12, 2021

Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. Streamlined processes around stock replenishment with proactive alerts, automatic calculations and order creation.

Real-time Visibility 130

Real-time Visibility Collaboration Inventory Supply Chain Optimization 130

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials.

Contract 130

Contract Collaboration Sourcing Contract management 130

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Exploring the world of procurement tech in Q4 Spend Matters Insider coverage in Q4 included more than just our staple Vendor Analyses.

e2e 81

e2e Procurement supply chain software solutions Contract 81

Procurement Tactics

JUNE 22, 2023

A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others. While these two may seem similar, they serve different purposes and are used at various stages of the procurement process. What is a Sales Order?

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Procurement Insights

OCTOBER 29, 2023

Direct and indirect procurement have never looked more different. I see a decoupling of direct and indirect on the horizon based on the evidence at hand — at least in the near term. Why did the industry take so long to understand what makes perfect sense – decoupling Indirect from Direct? Added thoughts.

Supply Chain Optimization 63

Supply Chain Optimization Procurement Data Change management 63

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions.

Sourcing 77

Sourcing Bidding Price Suppliers 77

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms. In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms.

Contract 91

Contract Management Negotiation Real-time Visibility 91

Spend Matters

APRIL 17, 2024

This Spend Matters Vendor Analysis provides an overview of Relish and its application development solution. Relish was founded by individuals with extensive consulting experience who recognized the gaps in IT solutions, especially when it comes to procurement.

Suppliers 95

Suppliers Data Market analysis Demand 95

Procurement Tactics

JANUARY 5, 2023

It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system. Approved purchasers from the buying organization can access hosted catalogs as part of the purchasing process. Manage your spending.

Buyers 179

Buyers Purchasing Suppliers Procurement 179

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating.

Suppliers 195

Suppliers Bill of materials Procurement team Risk management 195

Procurement Tactics

NOVEMBER 29, 2022

We will tell you about MRO purchasing and MRO inventory management. It is also a key part of indirect spending which is known in the procurement industry as indirect spend. Lack of spending visibility is one of the challenges that MRO procurement faces today. Challenges in MRO Inventory Management. Duplication.

Procurement 168

Procurement Inventory Purchasing Procurement strategies 168

Procurement Heads

DECEMBER 7, 2022

We have a two-sided consumer and merchant network and specialise in enabling businesses and consumers to connect and transact seamlessly through payment processing, digital wallets, and online cash solutions. What was it like spending five years of your procurement career in Dubai? How did you get into procurement?

Strategic sourcing 246

Strategic sourcing Strategic sourcing Vendor management Category management 246

Procurement Tactics

JUNE 8, 2023

The robot’s movement is tracked and recorded by the software, ensuring accurate inventory management and reducing errors. GTP systems can significantly speed up the picking process in warehouses. These systems are used in various order fulfillment processes, including receiving, picking, packing, and shipping.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Spend Matters

MAY 8, 2023

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. The specific processes and needs involved may include upstream (i.e., Read more. )

Spend management 77

Spend management Management Real-time Visibility Collaboration 77

Spend Matters

OCTOBER 4, 2023

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Exploring the world of procurement tech in Q3 Spend Matters Insider coverage in Q3 included more than just our staple Vendor Analyses.

Procurement 92

Procurement e2e Contract Sourcing 92

Spend Matters

JANUARY 16, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.

Procurement solutions 84

Procurement solutions Procurement Spend management Supply Chain Optimization 84

ivalua

NOVEMBER 3, 2021

Ahlsell, a prominent international retail solutions provider, has led a complete digital transformation overhaul with a central focus on trading goods supplier management. One of the early objectives of Procurement was to optimize tail supplier management. billion in annual sales. Breaking New Ground to Gain a Competitive Edge.

Procurement 130

Procurement Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. A reverse auction can be added to the process, managed by CKS as a trusted third party.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Buyers 130

ivalua

JULY 12, 2021

The opportunity is around being able to leverage these regional initiatives and organizations to improve the corporation’s overall image, community engagement, and ethical spending as well as strengthening their global supply chain. This will place a strain on diversity and supplier management teams within these organizations. .

Suppliers 246

Suppliers Ethics Supply Chain Efficiency Sourcing 246

Procurement Leaders

MAY 30, 2022

Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. However, this posed a challenge for CBRE’s Global Workplace Solutions (GWS) UK procurement team, because of its decentralised nature.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market. Read more. ).

Market analysis 89

Market analysis Sourcing Supplier relationship management Material management 89

Spend Matters

DECEMBER 13, 2023

Along with generative AI, the intake management market has been this year’s primary discussion among procurement practitioners and software providers. Then please see our intake management mini-series , published this summer, which addresses these concerns and more. If you have questions such as: What is intake? What is orchestration?

Management 83

Management Stakeholder engagement Purchasing Procurement 83

Spend Matters

JANUARY 17, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. Many thanks to Supplyframe and you can read our in-depth analysis of its solution here.

Procurement solutions 80

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 80

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 81

Supply Chain Optimization Material management Sourcing Influencing 81

Spend Matters

JULY 21, 2022

By consequence, it also brought solution providers with dedicated capabilities for direct spend under the spotlight. By consequence, it also brought solution providers with dedicated capabilities for direct spend under the spotlight. Poland-based Procurence is one such provider. Read more. ).

Market analysis 73

Market analysis Procurement Quality management Supply Chain Optimization 73

Spend Matters

FEBRUARY 22, 2023

Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials. It belongs to a new type of suite: the “alt” suite.

Sourcing 81

Sourcing Supply Chain Optimization Procurement strategies Supply chain 81

Spend Matters

JULY 27, 2022

Here's a sneak peak at this article for those who are not yet PRO members: Overall, QAD Allocation’s main strength pertains to how the solution fits with practices in direct materials management. Read more. ).

Sourcing 77

Sourcing Material management Suppliers Buyers 77

Spend Matters

MARCH 18, 2024

Last week, Spend Matters attended Ivalua’s annual EMEA conference in Paris. Day one — which Spend Matters did not attend as it was for customers and partners only — consisted of solution-focused sessions covering various topics: AI and generative AI, risk management, external workforce management, etc.

Procurement 93

Procurement Raw materials Sustainability Risk 93

IBM Supply Chain Blog

DECEMBER 8, 2023

This holiday season, shoppers are ready to shop again and they’re prepared to spend even more. The culprit: some of the world’s biggest payment processing systems (Chase, Visa and Bolt) succumbing to outages. Last year, almost 200 million people shopped on Black Friday. Online alone, they spent more than $9 billion.

e2e 120

e2e Real-time Visibility Management Data 120

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 115

Procurement contracts Contract Procurement Negotiation 115

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Bertrand Maltaverne looks at SxM solutions. In this article, our analyst Bertrand Maltaverne looks at SxM solutions. What does an SxM solution do?

Suppliers 82

Suppliers Collaboration Buyers Supply Chain Optimization 82

ivalua

OCTOBER 4, 2021

Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . Redwood City, CA, 4th October, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Crelan, a cooperative Belgian bank, has selected its platform to digitize the entire source-to-contract process.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 130

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. What does an E-Procurement solution do? E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services.

Procurement solutions 89

Procurement solutions Procurement supply chain budgeting Real-time Visibility 89