Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. AI, e-sourcing), spend analytics, and best practices. It serves analysts, procurement leaders, and managers.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

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. Make them feel in control.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

ivalua

JANUARY 29, 2020

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

NLPA (Next Level Purchasing Association)

JULY 20, 2023

The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams. Supplier Relationships: Managing spend involves evaluating, selecting, and nurturing relationships with suppliers.

Management 40

Management supply chain software solutions supply chain budgeting Spend management 40

The Procuretech Podcast

JULY 31, 2024

This week on The Procurement Software Podcast, host James Meads delves into some unique technology needs that direct procurement teams are often facing. Inventory Management: We discuss the importance of handling raw materials and components, highlighting the need for advanced inventory systems and effective BOM spend management.

supply chain software solutions 40

supply chain software solutions Raw materials Supply Chain Efficiency Supplier relationship management 40

Procurement Software

NOVEMBER 14, 2023

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. This is a well-trodden route, with Salesforce probably the most famous example to successfully do this in the B2B software space.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Strong contract negotiation helps manage risks. Supplier Relationship Management : Build strong, collaborative relationships with key suppliers. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Using a dynamic punchout catalog ensures customers can access data directly from their procurement software, and the data is always correct.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

JULY 9, 2024

Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect procurement. Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Jaggaer

OCTOBER 10, 2024

Now we have entered a period of relative stability, spend management and cost reduction has moved back to the top spot, and ensuring supply continuity has moved from first down to second. Our customers tell us that implementing JAGGAER software helps them to attract procurement talent.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 52

Planergy

SEPTEMBER 8, 2022

Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. Measuring supplier performance is essential to maintaining a good relationship and ensuring that they continue to meet your standards. Download Free Copy.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Planergy

JANUARY 12, 2023

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. What is Supplier Tiering? The Benefits of Supplier Tiering. What Are Supplier Tiers? Why Do Supplier Tiers Matter?

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Planergy

NOVEMBER 29, 2022

Supplier Consolidation: What It Is, Benefits, and Risks. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Supplier consolidation involves reducing the number of suppliers you work with. Pros include better supplier relationships, cost savings, and time savings.

Supplier consolidation 52

Supplier consolidation Suppliers Risk supply chain budgeting 52

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Planergy

DECEMBER 29, 2022

Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Building relationships with marketing agencies is just as important as managing any other part of your supply chain, whether you hire an agency full-time, or as a one-off.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Empowering CPO

JUNE 26, 2023

These cost pressures necessitate a strategic approach to spending and resource allocation. Fragmented Supply Chains: The healthcare supply chain is complex and often fragmented, involving multiple stakeholders such as manufacturers, distributors, and group purchasing organizations (GPOs).

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! What's Planergy?

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

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. Financial Value Show me the money!

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

Una

MARCH 6, 2024

This is super handy in industries where workloads can change in a snap, like customer support or software development. Prioritize cybersecurity Make sure that your outsourcing partner has robust cybersecurity measures in place to minimize the chance of a supply chain or back-door attack on your organization.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 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. What is tail spend?

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. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Insights

FEBRUARY 20, 2025

Microsoft CEO Satya Nadella’s assertion that “SaaS is dead” reflects a strategic shift towards AI-driven, integrated platforms that transcend traditional Software-as-a-Service (SaaS) models. What does Nadella’s SaaS death statement mean to them?

supply chain software solutions 52

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

Planergy

AUGUST 16, 2022

Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. Supplier development activities may include supplier interviews, supplier surveys, supplier audits, and supplier selection criteria development.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Pipefy

MAY 23, 2023

However, the software that works best for you will be based on your industry, business size, tech stack, and procurement objectives, which might include hastening production, eliminating order errors, or cutting dead stock costs. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52