Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Allocate budgets that reflect potential social and environmental impacts and levers.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

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.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

ivalua

JUNE 14, 2023

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! Procurement Analysts & Subject Matter Experts: These team members play a vital role in extracting and analyzing data, identifying opportunities for cost savings and process optimization.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

ivalua

JULY 10, 2019

Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. Redwood City, CA July 10, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for manufacturers.

supply chain budgeting 113

supply chain budgeting Bill of materials Agile and Lean Supply Chain Supply Chain Efficiency 113

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY?

Strategy 52

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

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Jaggaer

FEBRUARY 20, 2025

Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing. In this way, the procurement function becomes a strategic business partner that not only contains costs but delivers true value and even helps to generate revenue.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Procurement Express

FEBRUARY 28, 2025

Instead, you are responsible for driving financial strategy, optimizing cash flow, and helping businesses make smarter financial decisions. Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. Thats where a virtual CFO tool stack comes in handy.

Real-time Visibility 52

Real-time Visibility supply chain budgeting Budget supply chain software solutions 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. Though it makes budgeting a bit more complex , its often worth it.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Planergy

MARCH 19, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know.

Procurement solutions 103

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 103

Jaggaer

FEBRUARY 5, 2025

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Digitalization also fosters greater agility in supplier management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

TYA Suite

APRIL 13, 2025

You might face delays in approvals, end up placing duplicate orders, or be surprised by unexpected costs. Without a proper system, it becomes harder to track budgets, follow company rules, and manage suppliers. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions.

Purchasing 40

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

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. Throw in approvals, payment terms, shipping costs, sustainability concerns, and maybe a dash of I know a guy supplier loyalty, and suddenly its chaos.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. This reduced costs and fostered supplier innovation.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. SAP’s advancements in guided buying capability were generally a continuation of previous efforts and SAP currently partners with Zip for intake management.

Networking 116

Networking Spend management Suppliers Supply Chain Optimization 116

ivalua

MARCH 9, 2023

Generate Greater and More Sustainable Value Across Your S2P Process Download the Ivalua Source-to-Pay (S2P) Datasheet Vishal Patel VP Product Marketing Vishal has spent the last 1​5​ years in various roles within the Procurement and Supply Chain technology market.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Supplier risk management Exiger offers a comprehensive risk assessment product that encompasses various risk dimensions with a high degree of granularity and depth to reduce risks in supply chains.

e2e 104

e2e Procurement supply chain software solutions Contract 104

ivalua

DECEMBER 19, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

DECEMBER 18, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

Let's Talk Supply Chain

JANUARY 11, 2023

The Nipendo platform is used by cross-vertical medium-sized and large companies across the globe, helping them reduce costs and improve procurement and supply chain efficiencies, as well as supporting their competitive strength. 10.34] An overview of Nipendo – what they do and how they help their customers.

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

supply chain budgeting 52

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

NLPA (Next Level Purchasing Association)

JULY 20, 2023

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.

Management 40

Management supply chain software solutions supply chain budgeting Spend management 40

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

Agile and Lean Supply Chain 52

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

Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

Procurement Software

NOVEMBER 21, 2022

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The tight margins and the need to optimize costs in these fields led to a more structured approach to procurement departments and more relevance in their organizations.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

HICX

SEPTEMBER 16, 2024

According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This is especially the case as supply chains become increasingly complex and digitalized.

Suppliers 52

Suppliers Management supply chain software solutions Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

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

Planergy

JANUARY 19, 2023

This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52