ivalua

JULY 3, 2025

In this blog post, we will explore the key differences and challenges between direct and indirect procurement, sourcing strategies that can be employed, and examine how technology can modernize these procurement processes. What Is Direct Procurement and How Does It Work? It continues through production and the product’s end-of-life phase.

supply chain budgeting 130

supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

Spend Matters

MAY 1, 2025

Poor supplier collaboration: Without digital supplier engagement tools, vendor management remains reactive instead of proactive. Leverage AI to enhance supplier insights, spend analytics and risk management. Continuously refine procurement operations through benchmarking and strategic sourcing.

Real-time Visibility 77

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77

Spend Matters

JULY 10, 2025

Agentic AI is transforming procurement — from intake and sourcing to risk management and P2P exception handling. This article explores real-world use cases across the source-to-pay lifecycle, showing how autonomous agents can execute tasks, orchestrate decisions and learn from feedback.

Procurement 113

Procurement Risk management Contract Sourcing 113

ivalua

JUNE 5, 2025

Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time.

Purchasing 130

Purchasing Risk Procurement e2e 130

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

Spend Matters

OCTOBER 29, 2024

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 114

Procurement Suppliers Sourcing Contract 114

Spend Matters

OCTOBER 29, 2024

On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

supply chain software solutions 117

supply chain software solutions Procurement Supply chain Innovation 117

Spend Matters

APRIL 23, 2025

For the past 12 years, Sammy Rashed has applied the experience he gained from being a procurement and strategic sourcing leader at Novartis and Merck to serve as the expert facilitator of several practitioners-only Procurement Think Tanks globally.

Procurement team 74

Procurement team Procurement Sourcing Data 74

SCMDOJO

FEBRUARY 21, 2025

Cybersecurity Threats: Data breaches affecting procurement contracts and vendor management. Increased costs due to emergency sourcing. A well-defined procurement strategy doesnt just mitigate risksit adds significant value to your organization : Cost Savings: Strategic sourcing and supplier negotiations reduce procurement costs.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Spend Matters

JULY 3, 2025

Innovation Enables new workflows, such as autonomous sourcing and proactive risk mitigation. Digital knowledge management Builds institutional memory and insights through agent learning and adaptation. Digital knowledge management The most underappreciated benefit is how agents learn over time.

Procurement 82

Procurement Risk Sourcing Suppliers 82

Finale Inventory

JULY 18, 2025

Regulatory & reputational risk Today's consumers increasingly care about ethical sourcing and sustainability. Supplier contact management software maintains role-based communication logs, while supplier master data management software eliminates duplicate SKUs and inconsistent product information.

supply chain software solutions 40

supply chain software solutions Suppliers Management Real-time Visibility 40

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

APRIL 17, 2025

Making change management for requirement gap analysis impossible as a reference or baseline does not exist. Making development, testing, and acceptance challenging and strenuous as there is no source of truth of what the deliverables should be.

Change management 111

Change management Negotiation supply chain budgeting Procurement 111

Procurement Insights

APRIL 14, 2025

EDITOR’S NOTE: Here are three separate third-party sources analyzing the success and impact of implementing the original RAM Agent-based Metaprise model to support the DND’s IT infrastructure. SOURCE #1 Jon W. SOURCE #3 Jon W. Hansen’s agent-based model (ABM) remains highly relevant in 2025. customs delays).

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

Procurement Insights

JULY 2, 2025

Master Data Fragmentation Challenge: Multiple legacy systems (ERP, AP, sourcing, and vendor master) result in siloed and inconsistent data across suppliers, SKUs, categories, and contracts. Impact on Procurement/Supply Chain: Poor spend visibility Duplication of supplier records Missed volume discounts or bundled sourcing 2.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 59

Spend Matters

NOVEMBER 7, 2024

Halo Ai builds its supplier risk profiles via third-party data providers and web-sweeping techniques; it does not allow for supplier self-reporting without using external sources for validation. Even though it is a young company, through partnerships, it has financial and cyber data on millions of companies already in its system.

Risk management 114

Risk management Risk Suppliers Vendor management 114

TYA Suite

JULY 23, 2025

When you know a vendor is financially strong, compliant with regulations, and has a good track record, you can build a more stable and long-term relationship with them. Strong vendor partnerships lead to better communication, smoother operations, fewer conflicts, and improved service levels over time.

supply chain software solutions 40

supply chain software solutions Vendor management Supply Chain Efficiency Ethics 40

Procurement Express

DECEMBER 31, 2024

Here are a couple of ERP platforms: SAP Source SAP is an enterprise-planning solution that helps teams manage their procure-to-pay cycle, as well as manage inventory, manage supply chain regulations, and streamline spend analysis. Unfortunately, as a procurement tool, theres a high learning curve involved here.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Spend Matters

MAY 27, 2025

Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management. Predictive analytics for cost control AI-driven cost modeling helps procurement teams anticipate supplier price fluctuations and optimize sourcing strategies accordingly.

Real-time Visibility 103

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 103

Spend Matters

JUNE 26, 2025

No other business function operates across as many processes, approval gates, data sources, stakeholders and systems. Agents can manage intake triage, detect supplier risk events, coordinate sourcing events or trigger contract reviews based on external signals. Agents in procurement The relevance to procurement is immediate.

Procurement 73

Procurement Negotiation Contract Suppliers 73

TYA Suite

MAY 23, 2025

Improves vendor data quality at the source For vendor management, payments, and reporting, it is essential to have clean and accurate data. With automated onboarding, vendors enter their own information into smart forms that validate inputs in real-time, reducing typos, duplicates, and missing fields.

Real-time Visibility 40

Real-time Visibility Suppliers Contract Risk 40

Spend Matters

JUNE 26, 2025

No other business function operates across as many processes, approval gates, data sources, stakeholders and systems. Agents can manage intake triage, detect supplier risk events, coordinate sourcing events or trigger contract reviews based on external signals. Agents in procurement The relevance to procurement is immediate.

Procurement 58

Procurement Negotiation Contract Suppliers 58

Spend Matters

APRIL 30, 2025

Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. Figure 2 Source: Deloitte and Spend Matters, Chief Procurement Officer Study , 2023 Supplier onboarding: Use case Novartis Nowhere is orchestration more visible than in supplier management.

Suppliers 83

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 83

Procurement Insights

MARCH 23, 2025

Quantitative Effect: A 2023 GEP report estimates 5-10% quality improvement in procurement-driven categories due to better vendor management. sourcing, PO processing, supplier management). Real-time data and AI (e.g., LevelPaths unification) flag non-conforming suppliers or materials early. with tools like Focal Point.

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Collaboration 52

SCMDOJO

APRIL 15, 2025

No matter if its a natural disaster shutting down a production facility or a data breach compromising your vendor management platform, the consequences can be costly. Geopolitical issues: Trade wars, tariffs , political instability, or regulatory changes that affect sourcing.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 73

Spend Matters

FEBRUARY 18, 2025

Procurement professionals understand the need for a digital transformation, but they do not necessarily understand what a digital transformation involves. This leads to partial success at best and failure at worst. Procurement clearly feels the need for embracing the digital.

Procurement 90

Procurement Purchasing Suppliers Procurement team 90

Planergy

MAY 8, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor management has also improved, with automated tracking tools helping procurement professionals negotiate better terms, meet deadlines, and build trust with suppliers.[2][6] ” Gartner. Available at: [link].

Strategy 52

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

Spend Matters

MARCH 25, 2025

Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.

Stakeholder engagement 98

Stakeholder engagement Management Procurement Supply Chain Efficiency 98

Let's Talk Supply Chain

APRIL 17, 2025

By using this analysis, organizations can enhance their risk management strategies, optimize sourcing decisions, and capitalize on new growth opportunities. Sources [link] [link] [link] Embrace the power of data and unlock new possibilities in your supply chain journey with Dun & Bradstreet.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 52

TYA Suite

APRIL 13, 2025

AProcurement Management Systemis like a smart assistant for businesses. It helps organizations plan, track, and manage everything involved in purchasing goods or servicesfrom ordering office chairs to sourcing raw materials. What Is a Procurement Management System? Frustration with slow, manual processes lowers morale.

Management 40

Management Procurement Real-time Visibility Budget 40

Planergy

MARCH 19, 2025

How better management in AP can give you better flexibility for cash flow management. Encourage Sustainable Supplier Practices Focus on sourcing from eco-friendly suppliers and opting for sustainable products where possible. Training Staff on Vendor Management No strategy is complete without a capable team to execute it.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

TYA Suite

APRIL 13, 2025

Some key objectives of purchasing include: Reducing expenses through competitive pricing and strategic sourcing. Building strong relationships with reliable vendors. SAP Ariba is a cloud-based procurement solution that helps businesses manage their entire procurement process efficiently. This improves efficiency and saves time.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Spend Matters

MARCH 18, 2025

To view these vendors by their market ranking (best fit for SME, Mid or Large buying organizations) as well as vendor demographics (including geographic reach, customer sample, top industries and pricing model), visit the freely accessible SolutionMap Insider app here. Data is refreshed every 6 months.

Procurement 94

Procurement Contract Sourcing Risk 94

Spend Matters

OCTOBER 28, 2024

Procurement activities and tasks are operational, tactical and strategic. Therefore, depending on the technology used and the processes digitized, the impact of technology can be divided into automation and augmentation, with augmentation being more ‘autogmentation’ [/aw-tog-men-tay-shun/] as we call it.

Procurement 117

Procurement Demand Vendor management Contract 117

Spend Matters

MARCH 18, 2025

To view these vendors by their market ranking (best fit for SME, Mid or Large buying organizations) as well as vendor demographics (including geographic reach, customer sample, top industries and pricing model), visit the freely accessible SolutionMap Insider app here. Data is refreshed every 6 months.

Procurement 69

Procurement Contract Sourcing Risk 69

TYA Suite

MAY 3, 2025

Then there's vendor management--having all supplier info, contracts, and history in one place makes things way easier to track. When selecting procurement software, prioritize as it is often the source of many cost control issues. A few features make a difference. First, automated workflows are a must. Everything else is extra.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

Spend Matters

MARCH 11, 2025

Not all changes are created equal, and misjudging their impact can derail a digital transformation. Procurement technology projects often go beyond IT they drive fundamental business shifts. By assessing the nature and scale of change, organizations can better anticipate resistance, secure executive buy-in and drive adoption.

Procurement 108

Procurement Vendor management Risk management Contract 108