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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.

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LightSource: Vendor Analysis — Direct materials sourcing solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of LightSource, a sourcing solution built for direct materials. Procurement teams that manage direct materials sourcing continue to face persistent challenges, even as digital tools become more widely adopted. This content is for members only.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.

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Onventis: Vendor Analysis (Part 2) — Source-to-pay product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Onventis’ source-to-pay (S2P) solution. Part 1 of the series provided a history and overview of the Onventis source-to-pay solution. This content is for members only. Visit the site and log in/register to read.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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EffiGO: Vendor Analysis — Source-to-Pay solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of EffiGO and its source-to-pay (S2P) solution. The post EffiGO: Vendor Analysis Source-to-Pay solution overview, roadmap, competitors, user considerations, analyst summary appeared first on Spend Matters. This content is for members only.

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7 Ways Thomas Can Help You Supercharge Industrial Sourcing

The Thomas Blog

Here at Thomas , we've been powering North Americas largest and most active network of B2B buyers and industrial/commercial suppliers for more than 120 years. We understand the challenge of finding the best and most reliable suppliers.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

One policy shift and your sourcing strategy is upside down. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility. The result was a year-over-year savings of more than 3%.

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions.

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LinkedIn + ZoomInfo Recruiter: Better Data for Better Candidates

That's where ZoomInfo Recruiter comes in, helping bridge the gap when job sourcing and communication efforts stall on LinkedIn. LinkedIn Recruiter is an effective way to start the recruitment process for an open position. But that doesn't mean there aren't some frustrating roadblocks on the network.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? Generative AI goes beyond just automating tasks and providing real-time answers.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Unified source-to-pay ecosystems. Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. These innovations are converging and transforming how procurement teams operate.

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How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

What’s Inside: Exploring the importance of having a dedicated buy-side contracting team Leveraging tools to enhance efficiency and empower the legal and sourcing teams Establishing processes to gather and analyze contract data to spot trends