Spend management, Strategic sourcing and Supplier relationship management

Crelan Digitizes Strategic Sourcing with Ivalua

ivalua

OCTOBER 4, 2021

Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . Redwood City, CA, 4th October, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Crelan, a cooperative Belgian bank, has selected its platform to digitize the entire source-to-contract process.

Strategic sourcing

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management

Strategic Sourcing for SMEs

Una

AUGUST 31, 2023

Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. Strategic Sourcing for SMEs The Human Factor in Strategic Sourcing Benefits of Strategic Sourcing 5.

Strategic sourcing

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management

How to Implement a Strategic Sourcing Process

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

Strategic sourcing

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency

Category Management in Procurement

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

By leveraging data analytics, procurement teams can identify areas for cost savings, such as negotiating better contracts with existing suppliers or consolidating purchases to leverage economies of scale. Strengthen Supplier Relationships: Traditionally, supplier relationships have often been transactional.

Category management

Category management Management Procurement Supplier relationship management

How effective Tail Spend Management can drive cost savings

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

Spend management Management Real-time Visibility Competitive bidding

How effective Tail Spend Management can drive cost savings

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

Spend management Management Real-time Visibility Competitive bidding

The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Strategic sourcing remains critical, especially given our inflationary environment. A few examples include SAP Category Management, buying 360 and SAP Central Invoice Management.

Procurement

Procurement Supply Chain Efficiency Category management e2e

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

AUGUST 17, 2021

However, it is important to understand the differences and varying degrees of focus between direct and indirect spend in procurement and sourcing. They will need to understand internal and external forces and increasingly get to grips with balancing cost savings with long term supplier relationships.

Procurement

Procurement Procurement team Sourcing Supplier relationship management

10 Procurement Outsourcing Services

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

Procurement Supplier relationship management Procurement team Contract

Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. 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.

Vendor management

Vendor management Suppliers Quality Supply Chain Efficiency

Marketing Procurement: Challenges and Best Practices

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

Procurement Raw materials supply chain budgeting supply chain software solutions

Establishing Procurement as a Competitive Advantage

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

Procurement Sourcing Spend management Innovation

The Comprehensive Guide to Spend Analysis in Healthcare

Empowering CPO

JUNE 26, 2023

It enables healthcare organizations to evaluate supplier performance, assess contract compliance, and make strategic procurement decisions aligned with their financial and operational goals. Addressing tail spend can lead to significant cost savings and process efficiencies.

supply chain budgeting

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation

Unlocking Savings Potential with Tail Spend Analysis

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

Real-time Visibility supply chain budgeting Spend management Risk

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy

JANUARY 12, 2023

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3. Download Free Copy. Written by. Keith Murphy.

Suppliers

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting

Preferred Vendor: What They Are and Why You Should Have A Preferred Vendor Program

Planergy

NOVEMBER 1, 2022

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ethical Sustainability & Responsibility Procurement Supplier Relationship Management. Download Free Copy.

Contract

Contract Suppliers Buyers Price

Boosting Business Growth With the Help of a GPO

Una

JANUARY 8, 2024

By fostering relationships with suppliers who are at the forefront of their industries, procurement can actively seek out partners that bring fresh ideas, cutting-edge technologies, and a mindset of continuous improvement, contributing to the overall innovative edge of the business.

supply chain budgeting

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing

O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

AUGUST 17, 2022

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.

Sourcing

Sourcing Buying process Supplier relationship management Supply Chain Optimization

Your Business Guide to Outsourced Procurement

Una

MARCH 6, 2024

Supplier Relationship Management Yes, even certain relationships can be outsourced! Service providers can build and maintain relationships with suppliers on your behalf, including monitoring performance and resolving any issues that come up. Strategic Sourcing Need some expert advice?

Procurement

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How to report and analyze indirect spend to identify savings opportunities. What's Planergy? Here are the four main types of digital catalogs.

Management

Management Procurement Supplier relationship management Real-time Visibility

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

NOVEMBER 17, 2018

We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. The evolution of buying & expediting, which was so common early on, to strategic sourcing and supplier relationship management was a significant transformation through the 1990s and beyond.

Leadership

Leadership Supply Chain Optimization Supply chain Sustainability

Supplier Consolidation: What It Is, Benefits, and Risks

Planergy

NOVEMBER 29, 2022

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier Consolidation: What It Is, Benefits, and Risks. Use PLANERGY to manage purchasing and accounts payable.

Supplier consolidation

Supplier consolidation Risk Suppliers supply chain budgeting

The 25 Hottest US Procurement Startups

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses.

Real-time Visibility

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

Lessons from the Latest Forrester Wave Reports

ivalua

DECEMBER 18, 2019

The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019. It covers spend analysis, sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant.

Eprocurement

Eprocurement Sourcing Suppliers Contract

How to ride the Source to Pay Wave? 4 Lessons you can learn from Forrester

ivalua

MAY 6, 2020

The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019. It covers spend analysis , sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant.

Sourcing

Sourcing Eprocurement Suppliers Contract

11 Best eSourcing Software for Mid-Market Companies

Procurement Software

JUNE 13, 2023

Finally, Archlet facilitates communication by creating automated feedback for suppliers and communicating information to stakeholders and decision makers. LightSource LightSource is an eSourcing software for strategic sourcing. It uses an intuitive modern design to provide users with a pain-free, customer-focused experience.

supply chain software solutions

supply chain software solutions Contract management Contract Sourcing

Direct vs Indirect Spend Analysis: What’s the Difference and Why It Matters

Empowering CPO

JUNE 20, 2023

It’s a strategic pillar that underpins effective procurement and sourcing, providing an insightful lens through which organizations can view their spending patterns. Spend analysis plays a vital role in procurement and strategic sourcing. Let EmpoweringCPO guide you on this path to success.

Supplier consolidation

Supplier consolidation Negotiation Suppliers Procurement strategies

15 Best Purchasing Software Solutions for SMEs

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs.

Purchasing

Purchasing Contract Negotiation Real-time Visibility

Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

OCTOBER 17, 2023

Every business has the opportunity to implement a procurement solution that promotes better overall spend management while working cohesively with other procurement strategies. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

supply chain budgeting

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

The Basics of Group Purchasing

Una

JANUARY 4, 2023

Every business has the opportunity to implement a procurement solution that promotes better overall spend management while working cohesively with other procurement strategies. Group purchasing can be used in conjunction with other procurement strategies , like strategic sourcing, for example.

Purchasing

Purchasing supply chain budgeting Procurement strategies Contract

How To Reduce Spend on Service Contracts, Despite Inflation

Procurement Software

MARCH 11, 2022

Can contract lifecycle management tools help me do the heavy lifting? As we go through these, I will also touch on where more traditional purchasing software, as well as contract management software and supplier relationship management software can assist. You might be surprised!

Contract

Contract Contract management Negotiation Supplier relationship management

How To Reduce Spend on Service Contracts, Despite Inflation

Procurement Software

MARCH 11, 2022

Can contract lifecycle management tools help me do the heavy lifting? As we go through these, I will also touch on where more traditional purchasing software, as well as contract management software and supplier relationship management software can assist. You might be surprised!

Contract

Contract Contract management Negotiation Supplier relationship management

Purchasing & Procurement Zone

Crelan Digitizes Strategic Sourcing with Ivalua

Strategic Sourcing for SMEs

Trending Sources

How to Implement a Strategic Sourcing Process

Category Management in Procurement

How effective Tail Spend Management can drive cost savings

How effective Tail Spend Management can drive cost savings

The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

What’s the Difference Between Direct vs Indirect Procurement?

10 Procurement Outsourcing Services

Vendor Analysis: What Is It, Process, Types, and Best Practices

Marketing Procurement: Challenges and Best Practices

Establishing Procurement as a Competitive Advantage

The Comprehensive Guide to Spend Analysis in Healthcare

Unlocking Savings Potential with Tail Spend Analysis

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Preferred Vendor: What They Are and Why You Should Have A Preferred Vendor Program

Boosting Business Growth With the Help of a GPO

O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

Your Business Guide to Outsourced Procurement

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supplier Consolidation: What It Is, Benefits, and Risks

The 25 Hottest US Procurement Startups

Lessons from the Latest Forrester Wave Reports

How to ride the Source to Pay Wave? 4 Lessons you can learn from Forrester

11 Best eSourcing Software for Mid-Market Companies

Direct vs Indirect Spend Analysis: What’s the Difference and Why It Matters

15 Best Purchasing Software Solutions for SMEs

Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

The Basics of Group Purchasing

How To Reduce Spend on Service Contracts, Despite Inflation

How To Reduce Spend on Service Contracts, Despite Inflation

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