Spend Matters

JUNE 9, 2025

But what’s often missing is a full view of what’s driving those cash flows earlier in the process: purchase requests, supplier terms, invoice exceptions and early-payment strategies. Aligning strategy, technology and performance tracking between CFOs and CPOs is the key. That’s where procurement comes in — or rather, should come in.

Strategy 93

Strategy Procurement Management Influencing 93

Procurement Templates

DECEMBER 11, 2024

finance, operations, and legal teams) to align procurement strategies with business goals. Adding these objectives ensures a well-rounded procurement strategy that integrates stakeholder interests into procurement processes and outcomes. This alignment ensures that every team members actions support the departments strategic goals.

Procurement 130

Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Let's Talk Supply Chain

APRIL 28, 2025

As industries continue to face unprecedented challenges and opportunities, it is indeed crucial for procurement leaders to embrace innovative strategies that will drive efficiency, resilience, and growth.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Strategy 52

SCMDOJO

JANUARY 9, 2025

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. Companies with strategic sourcing strategies in place were able to avoid production stoppages by having alternative suppliers ready.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Jaggaer

FEBRUARY 5, 2025

Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. Its also wise to develop a risk management strategy that includes contingency plans for disruptions or non-compliance issues.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

SCMDOJO

APRIL 15, 2025

However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. In this article, well explore proven strategies to safeguard your supply chain, minimize risks, and keep your business running smoothly, no matter what obstacles lie ahead.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 73

TYA Suite

NOVEMBER 15, 2024

Based on the risk assessment and supplier evaluations, businesses develop specific strategies to mitigate identified risks. Collaborating on risk mitigation strategies fosters a sense of partnership, making suppliers more willing to share information and work together to overcome challenges.

Risk management 40

Risk management Risk Suppliers Strategy 40

Skill Dynamics

JANUARY 14, 2025

Procurement Strategy The development of a long-term, overarching procurement strategy that can adapt to global changes can set your business apart from your competition. This systematic segmentation of your key areas allows you to identify areas for consolidation and ultimately drive bottom-line efficiency.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

JUNE 18, 2025

Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. Now, let’s delve deeper into the latest trends and digital strategies in logistics solutions to explore the possibilities in greater detail.

supply chain software solutions 59

supply chain software solutions Logistics Supply Chain Efficiency Strategy 59

Procurement Software

JUNE 8, 2025

The post Build vs Buy: Which is the Best Procuretech Strategy? In the end, the best procurement technology is the one that gets used consistently, solves real problems, and helps your team deliver better outcomes for the organisation. Whether you build it or buy it matters far less than whether it works.

Strategy 52

Strategy Procurement team Procurement Purchasing 52

Procurement Insights

JANUARY 3, 2025

Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Lack of Integration with IT Strategy : Procurement had minimal involvement in IT strategy development. Key metrics were tied to cost reduction and spend under management.

Agile and Lean Supply Chain 52

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

Spend Matters

MAY 1, 2025

A collaborative procurement model ensures that stakeholders work together to optimize purchasing strategies and vendor relationships. Continuous improvement strategies include Expand supplier e-procurement compliance: Encourage suppliers to adopt structured e-invoicing formats for faster processing.

Real-time Visibility 77

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77

Spend Matters

FEBRUARY 5, 2025

Real transformation demands a mix of creativity, strategy and much patience. Designing and implementing the transformation : addressing the gaps (people, process, technology); designing the organization; rollout options and strategies; skills allocation. You need a better strategy, enabled by digital. Lets explore these aspects.

Procurement 115

Procurement Change management Strategy supply chain budgeting 115

CPO Rising

JULY 2, 2025

Join Ardent Partners and Zycus on July 15th (11 AM ET) as they discuss Metrics That Matter for Procurement Teams: AI & Strategies to Unlock 8%+ Savings.

Procurement team 52

Procurement team Chief Procurement Officer Strategy Procurement 52

TYA Suite

MAY 13, 2025

Types of Cost Reduction in Procurement Here are some common types of cost reduction strategies in procurement: What it is: This is one of the most common ways to reduce procurement costs. Bulk buying is another strategy. What it is: This strategy involves reducing the number of suppliers you work with.

Strategy 40

Strategy Import Procurement Raw materials 40

ivalua

JULY 3, 2025

Together, these procurement strategies are essential for robust, efficient business operations. In this blog post, we will explore the key differences and challenges between direct and indirect procurement, sourcing strategies that can be employed, and examine how technology can modernize these procurement processes.

supply chain budgeting 130

supply chain budgeting Procurement e2e Agile and Lean Supply Chain 130

Procurement Templates

NOVEMBER 21, 2024

Detailed strategies for improving procurement skills Improving procurement skills involves a mix of education, practice, mentorship, and exposure to new tools and methodologies. Negotiation Skills Actionable Steps: Prepare Thoroughly: Research suppliers’ market position and pricing strategies before negotiations. PMI-RMP, ISO 31000).

Agile and Lean Supply Chain 130

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

Supply Chain Game Changer

JULY 19, 2025

To stay ahead, regularly reassess your supply chain strategy. Staying informed about global trends and regulatory changes can also help you proactively adjust your procurement strategy. A proactive compliance strategy minimizes risks and keeps your procurement operations running smoothly. A strong strategy and adaptability.

Supply Chain Efficiency 76

Supply Chain Efficiency Procurement supply chain budgeting Agile and Lean Supply Chain 76

ivalua

JUNE 5, 2025

Understanding the distinction helps organizations better align their procurement strategy with an efficient tactical purchasing process. Purchasing, by contrast, is more tactical and includes executing procurement strategies through day-to-day processes like placing orders, receiving goods, and processing payments. What is Procurement?

Purchasing 130

Purchasing Risk Procurement e2e 130

Jaggaer

OCTOBER 24, 2024

You’ll discover strategies for fostering better communication, negotiating smarter contracts, and integrating cutting-edge technology like AI to optimize every stage of the supply chain. Each article below provides fresh perspectives, key insights, and actionable strategies to elevate your supplier relationships to the next level.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Supply Chain Optimization 52

Spend Matters

OCTOBER 31, 2024

The stability of the supply base has never been more important for procurement leaders, particularly regarding the use of more diverse suppliers, which by nature may be smaller in scale.” … and so do mitigation strategies So what type of mitigation framework does one try to build around addressing these risks? “To

Risk management 117

Risk management Risk Import Real-time Visibility 117

Spend Matters

MAY 14, 2025

The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events. The product (Guided Strategy Creation ) gives procurement teams a consistent way to define category strategies, document risks and objectives, and track results.

Category management 113

Category management Spend management Management Sourcing 113

Let's Talk Supply Chain

APRIL 17, 2025

Join us as we delve into Levi’s innovative supply chain strategies in the face of economic uncertainty. Navigating Tariff Impact: Levis Strategy Unveiled In response to the potential impacts of tariffs, Levi’s unveiled a strategic approach aimed at minimizing disruptions and ensuring customer satisfaction.

Price 52

Price Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Future Purchasing

APRIL 1, 2025

It is a cross-functional activity that requires organisations to work collaboratively to understand internal stakeholder needs and examine category spend, the supply market, and suppliers to identify opportunities for savings and value improvement as well as aligning your procurement strategy with your business goals.

Category management 52

Category management Strategic sourcing Strategic sourcing Sourcing 52

Spend Matters

DECEMBER 10, 2024

This article, part of our series on Third-Party Risk Management (TPRM) and Supply Chain Risk Management (SCRM), explores the top risks affecting P2P workflows and some strategies for mitigating them. This content is for members only. Visit the site and log in/register to read.

Risk 113

Risk Risk management Procurement Supply chain 113

Skill Dynamics

DECEMBER 4, 2024

You will need to evaluate your supplier’s greenhouse gas emissions and energy consumption to determine the carbon footprint, as well as their typical waste generation and disposal practices, including recycling initiatives and waste diversion strategies. Do they have any water conservation efforts?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Ethics 52

Procurement Insights

DECEMBER 11, 2024

Data-Driven Decision Making** : The utilization of big data and analytics will be central to procurement strategies. Circular Economy – [link] Elkington 2008 – [link] Elkington 2023 – [link] 7. Dangerous Myths 2007 – [link] Dangerous Myths (2007 2024) – [link] 8.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Fraxion

JULY 9, 2025

When your procurement process breaks down, it doesn't always look like a severe issue. More often the signs are n ot immediately obvious : delayed approvals, budget surprises, inconsistent vendor pricing, and overwhelmed accounts payable (AP) clerks.

Procurement 52

Procurement Strategy Budget Price 52

Spend Matters

NOVEMBER 5, 2024

Even experienced procurement professionals must remain aware of ongoing advancements to streamline procurement processes and support organizational goals with the latest technologies and strategies.

Procurement 113

Procurement Competitive analysis Category management Strategic sourcing 113

Jaggaer

NOVEMBER 14, 2024

Making the Production Process Seamless The production phase benefits significantly from effective procurement strategies. Automation of procurement processes through AI technology further enhances efficiency and allows procurement teams to focus on strategic priorities.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52