ivalua

MAY 28, 2025

In the session “Driving Profitability and Agility in Today’s Dynamic Market”, Saini shared insights on their groundbreaking Source-to-Pay transformation, noting that it wasn’t just about achieving cost savings–it was about redefining what’s possible in procurement. Brent Griffith Day 2: More Keynotes, Sessions, and Silent Demos!

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Innovation Supply Chain Efficiency Chief Procurement Officer 130

Arkestro

DECEMBER 26, 2024

By automating routine work, procurement professionals can focus on high-impact tasks like strategic sourcing and relationship building with key suppliers. Procurement teams will also continue to leverage supply chain mapping to gain a comprehensive understanding of the flow of data, materials, and payments within their supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Let's Talk Supply Chain

MARCH 2, 2025

Let’s set sail on a journey towards efficient and effective supply chain management. By harnessing the power of data analytics and strategic insights, organizations can proactively mitigate the impact of tariffs on their supply chains while enhancing‍ operational efficiency and cost-effectiveness.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . This capability is not available in any ERP, but a best-in-class supply chain solution will provide dozens of models for you to shape your usage for the future.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

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

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Strategic Sourceror

JULY 24, 2022

In addition, the shortages experienced within the supply chain in the last two years are likely to be dealt with in the near future, albeit that consumer demand for certain goods and services has also slowed, the news source said. Brought to you by the StrategicSourceror.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JANUARY 31, 2022

CPO’s and CFO’s will join forces to combat inflation and supply risk, supply assurance will be perceived as more important than price, convenience and customer service gaining significant popularity, and vigilance against commodity and supply market manipulation will be critical. #3. More on that here.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Predictive tools help teams flag supplier vulnerabilities early and make smarter sourcing decisionsleading to a 20% improvement in risk management outcomes.[7] How to gain visibility and control of your indirect spend.

Strategy 52

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

Strategic Sourceror

OCTOBER 27, 2022

Shoring up staff is a good way to increase supply chain resiliency, which companies are trying to do more of today to ensure theirs has what it takes to stay together when it's taxed in the future. Brought to you by the StrategicSourceror.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

Procurement Insights

MAY 10, 2025

In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. Benefit: Improved sourcing could yield 510% cost savings on annual spend. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g., Sourcing savings: $2.5M (5% on $50M spend).

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

APRIL 15, 2020

Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups. Above all, LinkedIn Groups focused around procurement & sourcing keep you in large networks, amongst your peers. Source: Paua Ventures. What do you have to lose?

Procurement 110

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 110

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives. Offshoring Offshoring is the opposite of onshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

HICX

JANUARY 30, 2023

The aim of this 3-day congress was to ‘challenge the status quo’ and amplify the voices of those that are ‘pushing the boundaries on innovation, ESG and supply chain resiliency’ as they ‘deliver fresh insights, challenge conclusions, and provide action plans and recommendations’.

Suppliers 52

Suppliers Management Supply chain resilience Strategic sourcing 52

Supply Chain Action Blog

NOVEMBER 6, 2024

A consolidated data store that can connect to source systems and on which data can be collated, programmatically “wrangled”, and updated into a supra data set forms a solid foundation on which to build better detection, diagnosis, and decision logic that can execute in “relevant time”.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 52

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

Procurement is no longer just about sourcing goods and services; it’s about creating strategic alliances, driving innovation, and adding value to the organization. This is where the concept of managed procurement services comes into play. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supplier relationship management Supply Chain Efficiency 40

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Introduction A.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. To avoid shortages, conduct supply chain risk assessments regularly. How to gain visibility and control of your indirect spend.

supply chain software solutions 52

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

Empowering CPO

JUNE 27, 2023

Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities. This enables better analysis, identification of trends, and informed decision-making.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40