NLPA (Next Level Purchasing Association)

JUNE 24, 2025

As AI technology continues to reshape industries, AI and Supply Chain innovations are becoming indispensable to professionals in procurement, logistics, and supply chain management. Companies like maxwin288 are actively exploring these capabilities to stay ahead of the curve.

Supply Chain Efficiency

ivalua

AUGUST 12, 2025

With rising supplier risk, evolving ESG mandates, and increasing pressure to innovate, traditional sourcing approaches can no longer keep up. Leading organizations are rethinking how supplier relationship management and how they manage spend categories, and they’re looking to collaborate more efficiently and effectively across functions.

Strategic sourcing

ivalua

JUNE 5, 2025

Understanding these differences is essential for businesses that want to optimize operational efficiency and safeguard against costly errors. Aligning procurement and purchasing ensures efficiency, cost control, and reduced risk across the organization. What is Procurement?

Purchasing

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Supplier Relationship Management: Regular performance reviews help build trust and strengthen relationships with suppliers.

Procurement

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

Supply chain management

Supply Chain Game Changer

JULY 24, 2025

Subscribe Strategic Supplier Relationship Management – Do’s and Don’ts At any given time, working with the resources of any business depends on procuring the right materials at the right time and at the right cost.

Sourcing

ivalua

JULY 21, 2025

Organizations leverage procurement software to achieve heightened efficiency, accuracy, and compliance in their procurement activities. Procurement platforms address common enterprise challenges—including maverick spend, disconnected workflows, and poor supplier data—by providing structure, automation, and actionable insights.

Real-time Visibility

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain

Jaggaer

OCTOBER 24, 2024

Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction. As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business.

Collaboration

Procurement Insights

JULY 2, 2025

The 2007 article is a worthwhile read as it demonstrates the potential repercussions of excluding supply chain personnel in the early planning stages of an organization’s M&A strategy.) If it did, then 85% of all e-procurement and supply chain initiatives would not fail. SCADA in energy or Epic in healthcare).

Supply Chain Optimization

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. But digital transformation also has longer-term benefits for supplier collaboration.

Supply Chain Efficiency

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

Procurement

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

Procurement

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. Supplier collaboration is the process of connecting and working together with supplier partners to achieve your business goals and initiatives.

Collaboration

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency

Spend Matters

MAY 27, 2025

Finance and procurement play critical roles in shaping an organizations financial health and operational efficiency. Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration. This series shapes a five-phase approach to aligning finance and procurement.

Real-time Visibility

ivalua

JUNE 9, 2025

Inefficiencies are baked into the procurement process, wasting time and budget while leaving the door open to errors such as missed deadlines or incorrect orders. Supplier risk adds even more complexity. This strengthens internal controls and reduces regulatory risk, while improving audit readiness.

Sourcing

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions.

Strategic sourcing

Skill Dynamics

FEBRUARY 4, 2025

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

Procurement

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. Every business aims to increase its profit margin, and one effective way to achieve this is by cutting costs. per unit, reducing the actual cost to $90,000.

Price

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. They can make informed decisions, negotiate more effectively, and identify cost-saving opportunities faster.

Procurement

HICX

JUNE 9, 2025

These may include processes related to: Supplier evaluation Supplier onboarding Performance tracking, Supplier risk management Contract analysis By automating repetitive tasks and analyzing large datasets, AI improves efficiency, reduces errors, and enhances decision-making.

Suppliers

Finale Inventory

JULY 18, 2025

Navigate Supply Chain Challenges with Supplier Management Software In today's volatile marketplace, fragile supply chains pose significant risks for growing ecommerce brands. Cash-flow pressures Supplier reliability issues directly impact your working capital.

supply chain software solutions

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. Budgeting several thousand pounds is a realistic starting point.

Procurement

TYA Suite

JUNE 22, 2025

Procurement has become a strategic function in modern businesses, with growing pressure to manage costs, improve supplier performance, and drive operational efficiency. Efficient data management involves the collection, cleaning, integration, and storage of procurement data.

Procurement

Spend Matters

APRIL 30, 2025

The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. In a landscape shaped by inflation, supply chain fragility, regulatory pressure and digital transformation, orchestration is more than a buzzword.

Suppliers

Procurement Software

JUNE 1, 2025

Supplier relationship management (SRM) Modern SRM practitioners build collaborative partnerships that drive innovation. They create supplier development programs that enhance mutual capabilities. Modern procurement teams compete for executive attention and budget allocation.

Procurement

Planergy

MARCH 19, 2025

How better management in AP can give you better flexibility for cash flow management. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. However, budget restrictions and transparency requirements present challenges.

Suppliers

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? This is why procurement cost reduction is not just an option; its a necessity. By reducing procurement costs, businesses can increase profit margins without raising prices or cutting corners. Why is Cost Reduction necessary in Procurement? Lets help you fix it.

Strategy

Procurement Insights

MAY 10, 2025

His Proprietary Historic Industry Archives include decades of case studies, articles, and insights, such as the Nokia-Ericsson supply chain risk study or his work with the Department of National Defence (DND) on indirect materials procurement. Tariff Mitigation and Risk Management: Hansens insights on supply chain risk (e.g.,

Procurement

Procurement Software

FEBRUARY 2, 2025

The Head of Procurement isn’t going to have his / her own software budget : let’s be frank. Example: Supplier Relationship Management (SRM) SRM solutions will plug into an orchestration layer. So, will procuretechs continue to focus on procurement alone with their marketing budget?

supply chain software solutions

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Supply chain resilience

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Focus on digital transformation and adopt procurement technology.

Supply chain resilience

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency