Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

JULY 21, 2021

REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

Additionally, category management fosters a focus on strategic sourcing , allowing teams to explore new sourcing opportunities that align with business growth objectives. Strategic Sourcing: Develop a strategic sourcing strategy for each defined category.

Category management 52

Category management Management Procurement Supplier relationship management 52

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 85

Procurement solutions Procurement Spend management Supply Chain Optimization 85

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years.

Procurement 246

Procurement Strategy Strategic sourcing Strategic sourcing 246

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

CPO Rising

NOVEMBER 28, 2022

Simfoni Announces Xeeva Acquisition This morning, Simfoni, a digital procurement solution provider, announced that it had acquired Xeeva, a spend management and procurement technology provider. According to […].

Strategic sourcing 40

Strategic sourcing Strategic sourcing Spend management Procurement solutions 40

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

ivalua

MARCH 24, 2021

Digitization Benefit #2: Strategic Sourcing Alignment. Digitization Benefit #3: Total Spend Management. These platforms bring key stakeholders together to address customer expectations, regulation compliance, supply risks, and much more. ERP systems can handle only basic transactional procurement needs.

Supply Chain Efficiency 130

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

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. Identify and reduce risk.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Planergy

SEPTEMBER 5, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Una

JANUARY 17, 2024

Boosting Business Growth With the Help of a GPO How to Implement a Strategic Sourcing Process How to Manage Risk Using a Group Purchasing Organization Group purchasing organizations like Una aren't just about saving a few bucks here and there. They are the catalysts for a procurement value revolution.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. Most surprisingly, in recently released research by Economist Impact sponsored by SAP, we have seen a dramatic shift in the market in terms of the need for better spend analysis capability.

Procurement 106

Procurement Supply Chain Efficiency Category management e2e 106

CPO Rising

OCTOBER 11, 2023

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […]

Spend management 52

Spend management Innovation Supply management Sourcing 52

ivalua

APRIL 2, 2019

Supply chain efficiency and effective strategic sourcing in support of our operations and clients are critical to achieving our objective,” said Mike Curtis, Vice President and Chief Procurement Officer at Pacific Drilling. Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Spend Matters

APRIL 4, 2024

Halo Ai addresses third-party risk management problems by consolidating supplier data into one platform with the goal of becoming a one-stop-shop for TPRM.

Procurement 86

Procurement Risk management Raw materials supply chain software solutions 86

Planergy

MARCH 2, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

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

ivalua

AUGUST 17, 2021

Direct Procurement, also referred as direct spend management, or direct sourcing is the end-to-end process organizations follow to manage the procurement of direct materials – in other words any materials, parts or components used to make a product. What is Direct Procurement?

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

The Good Spending

APRIL 3, 2022

This post analyzes what makes genuine category managers and " separate future physicians from those who wanna play doctor." Category management is an integral part of the "plan-to-procure" cycle. A critical mistake occurs when category management stays away from strategic sourcing operations.

Category management 52

Category management Demand Management Procurement 52

Planergy

SEPTEMBER 8, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Budget 52

Budget Spend management Management Purchasing 52

Una

DECEMBER 6, 2022

Think of the GPO as an additional resource that is taking on selected non-core categories, thereby enabling your team to focus on higher-value strategic sourcing. Once you offload the non-strategic and indirect spend , you can focus on your core business and what you were hired to do. Get new resources weekly!

Purchasing 98

Purchasing Procurement strategies Risk Suppliers 98

Zycus Cognitive Procurement

DECEMBER 1, 2020

Now, one can embed AI in almost all the software solutions, from contract management to spend management and strategic sourcing. Artificial intelligence has been a field of academic study for the last several years. But only recently, it found its place in procurement functions.

Purchase orders 40

Purchase orders Strategic sourcing Strategic sourcing Contract management 40

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

CPO Rising

JUNE 22, 2022

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. Please drop […].

Spend management 40

Spend management Innovation Sourcing Supply management 40

Una

JANUARY 1, 2024

Resources to help: 8 Benefits of Reducing Maverick Spend How to Optimize Your Spend with a Strategic Sourcing Process 6 Ways to Manage Maverick Spend How to Control Your Wildest Maverick Spenders 3. Fix these problems, and watch your mavericks disappear.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Empowering CPO

NOVEMBER 20, 2020

For these organization Procurement & Sourcing is a strategic arm and has helped them achieve competitive advantage. Their procurement and sourcing department is more efficient and effective compared to their competitors.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Quality 52

Empowering CPO

DECEMBER 2, 2020

Leverage Our Procurement Services – One of the Leading Strategic Sourcing Company. We at EmpoweringCPO with vast pool of experience, we have plenty of case studies to elaborate on how we were able to manage tail spend successfully for our clients.

Management 52

Management Strategic sourcing Strategic sourcing Buyers 52

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Developing and executing category strategies is critical to effective strategic sourcing.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

ivalua

NOVEMBER 26, 2019

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example).

Procurement 130

Procurement Sourcing Spend management Innovation 130

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Software

APRIL 23, 2024

Anvil Analytical Anvil Analytical , based in London, is a SaaS provider that specialises in strategic sourcing and supplier management. Key Data: Founder / CEO: Daniel Demuth Date Founded: 2020 Visit ivoflow profile in our Software Finder 7.

supply chain software solutions 52

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

Empowering CPO

JUNE 20, 2023

However, when taken collectively, these costs can add up to a significant portion of a company’s total spend. Another misconception is that managing tail spend is more trouble than it’s worth. The company was able to recoup a significant portion of this loss by implementing a strategic tail spend management program.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Planergy

DECEMBER 29, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. Use PLANERGY to manage purchasing and accounts payable.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Una

DECEMBER 20, 2022

Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. A strategic sourcing strategy is key to ensuring vendors with the potential to deliver the most value.

Management 98

Management Buyers Procurement team Contract 98