Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

MAY 7, 2025

This Spend Matters Vendor Analysis provides an overview of EffiGO and its source-to-pay (S2P) solution. Communication and collaboration in procurement can be challenging due to the complexity of coordinating between multiple internal departments and external suppliers. This content is for members only.

Sourcing 73

Sourcing Market analysis Collaboration Buyers 73

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

Agile and Lean Supply Chain 130

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

Spend Matters

DECEMBER 16, 2024

It ensures that organizations have the right materials sourced from the right suppliers at the right time and for the best cost, making tariff management a natural part of these processes. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 112

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. What is Source-to-Pay?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Spend Matters

JANUARY 21, 2025

These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. The surprising truth behind a 3% fee Imagine youre a supplier juggling tight margins, long payment cycles, and increasing operational demands. What may seem like a burden is, in fact, a savvy investment.

Suppliers 108

Suppliers Vendor relationships Price Purchasing 108

Spend Matters

MARCH 12, 2025

This Spend Matters Vendor Analysis gives an overview of Forestreet, a supplier discovery solution. And one way to do that is to rethink where organizations source from. The post Forestreet: Vendor Analysis Supplier discovery solution overview, competitors, user considerations, analyst summary appeared first on Spend Matters.

Suppliers 80

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 80

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Spend Matters

NOVEMBER 13, 2024

When we talk about reputational risk, we refer to damage to a company’s name or brand resulting from the negative actions (inadvertent or not) of a top-tier supplier or sub-tier part of the supply chain. Often they are the result of a supplier cutting costs and corners. What causes reputational risk The causes come from many quarters.

Risk 113

Risk Supply Chain Efficiency Supply chain Suppliers 113

Spend Matters

FEBRUARY 17, 2025

In this Spend Matters Vendor Analysis we provide an overview of Samification by The Classification Guru (TCG) and its solution for supplier normalization. Whether it is messy supplier or spend data or files nested in random Google Drives and Excel files, every company can identify a data source theyd like to have cleaned.

Suppliers 96

Suppliers Market analysis Data Buyers 96

Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

Let's Talk Supply Chain

MAY 16, 2025

In a strategic dance of adaptation, household giant Clorox is contemplating a delicate tango of sourcing shifts to counterbalance the looming impact of a hefty $100 million tariff blow. This strategic evaluation involves meticulously analyzing sourcing alternatives and potential partnerships to navigate the evolving trade landscape.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Optimization Supply chain resilience 52

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Spend Matters

OCTOBER 31, 2024

Today please get to know True ValueHub From our recent analyst-written Vendor Analysis : Here’s why True ValueHub matters: To the market — True ValueHub offers deep parts analysis (price/cost-focused) for direct materials using AI and deep supplier insights. What is the road ahead for True ValueHub? “We

Real-time Visibility 123

Real-time Visibility Supply Chain Efficiency Buyers Category management 123

Skill Dynamics

DECEMBER 4, 2024

As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives. What Should a Supplier Sustainability Assessment Contain?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Ethics 52

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. Yet there are good reasons to do so. Or rather, it should not, in a data-driven environment.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

MAY 14, 2025

The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events. Supply disruptions , inflation, geopolitical tensions and regulatory demands are forcing companies to revisit sourcing decisions more often.

Category management 96

Category management Spend management Management Sourcing 96

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Moreover, S&OP fosters a sense of shared responsibility for quality across the organization and its suppliers.

Procurement 91

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 91

Spend Matters

OCTOBER 30, 2024

These issues can affect direct suppliers, but they can also occur anywhere throughout the supply chain, e.g., sub-tier suppliers, shipping and other logistics service providers. Finding new sources of supply: Securing alternative sources of supply from unaffected suppliers is time-consuming and not without risk.

Risk 112

Risk Buyers Suppliers Supply chain 112

Spend Matters

OCTOBER 31, 2024

A network approach where suppliers maintain rich information on their cost structures (SG&A, machine rates, etc.) Also, its approach could potentially change how the traditional sourcing process is executed. to provide deep and accurate insights and auto-costing. Look out for more coverage of the Spend Matters Future 5 next week.

Buyers 117

Buyers Raw materials Networking Suppliers 117

Spend Matters

DECEMBER 23, 2024

Metrics around supplier consolidation and spend concentration are also common. Customers use Onventis to consolidate suppliers and negotiate better terms. Customers emphasize how procurement technology safeguards against non-compliance penalties and helps maintain preferred supplier standards.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. AI is the game-changer that allows procurement professionals to escape the cycle of transactional work and focus on what really moves the needle: strategic sourcing, supplier collaboration, and advanced analytics.

Supply Chain Efficiency 107

Supply Chain Efficiency Supply Chain Optimization Procurement Procurement team 107

Spend Matters

NOVEMBER 19, 2024

He has spent about 20 years in supply chain and procurement, was involved in the sourcing of sustainable cocoa and confection for Unilever’s Ice cream brands and procured premium packaging and chemicals for Unilever’s Beauty and Wellbeing business. Risk impact assessment carried out by internal functions along with suppliers.

Risk 113

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 113

Spend Matters

OCTOBER 28, 2024

In this Spend Matters Vendor Analysis we provide an overview of Onventis and its solution for source-to-pay (S2P). Source-to-pay solutions allow organizations to streamline how they manage their procurement lifecycle from start to finish. Onventis provides the above but it’s also important to note two other things about Onventis.

Market analysis 109

Market analysis Contract management Sourcing Buyers 109

Spend Matters

FEBRUARY 13, 2025

That system could tell you, for example, that the company had spent $XX million with a supplier on a particular ingredient or package. But to make its potato chips, Utz buys many different materials from many different suppliers, and Procurement needed greater data granularity.

Influencing 106

Influencing Procurement supply chain budgeting e2e 106

Spend Matters

NOVEMBER 25, 2024

Spend analytics is crucial for procurement teams as it provides valuable insights into the organization’s spending patterns, supplier performance and potential cost-saving opportunities. Additionally, it can model and marry a variety of data alongside the spend, from contracts to risk.

Procurement team 120

Procurement team Market analysis Strategic sourcing Strategic sourcing 120

Spend Matters

APRIL 16, 2025

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 102

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 102

Spend Matters

JANUARY 8, 2025

This Spend Matters Vendor Analysis provides an overview of Zip and its solution for intake, orchestration and source to pay (S2P). As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources.

Market analysis 113

Market analysis Procurement team Sourcing Buyers 113

Pipefy

APRIL 22, 2025

Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments. What is Source-to-Pay (S2P)? Before we talk about making it smarter, its worth reviewing what the source-to-pay journey actually covers. Procurement automation.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Let's Talk Supply Chain

MARCH 2, 2025

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

Spend Matters

APRIL 22, 2025

This Spend Matters Vendor Analysis gives an overview of Enlighta Spice, a supplier governance and risk solution built to manage performance and risks related to external spend with a focus on services spend. This content is for members only. Visit the site and log in/register to read.

Risk 69

Risk Suppliers Risk management Supplier relationship management 69

Jaggaer

MAY 21, 2025

By implementing JAGGAERs digital procurement solutions, the County is transforming how it manages sourcing, compliance, and contract workflows across departments. Proactive risk identification early in the sourcing cycle. To meet growing demands and reduce operational risk, the County is taking a proactive approach to modernization.

Contract 52

Contract Sourcing Real-time Visibility Procurement 52