Spend management Strategic sourcing supply chain budgeting 
ivalua
MAY 29, 2025
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Spend Matters
MAY 27, 2025
Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ivalua
JUNE 5, 2025
While the terms procurement and purchasing are often used interchangeably, they address different aspects of an organization’s spend management. Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans.
Spend Matters
FEBRUARY 13, 2025
Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.
Planergy
SEPTEMBER 5, 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. Using financial tools can help save time and resources while improving accuracy in the budgeting process.
Procurement Express
DECEMBER 31, 2024
Understanding these categories is the first step toward better visibility, smarter procurement processes, and tighter budget control. When you’re comparing direct and indirect spend, half the battle comes down to managing changes in the supply chain. Create vendor and supplier expense management policies.
Jaggaer
MAY 16, 2025
In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. From Order Fulfillment to Strategic Value Creation Partner This realization is relatively new and comes with a fundamental shift in how the role of procurement is understood.
Expert insights. Personalized for you.
130 
Let's personalize your content