Procurement Insights

MAY 18, 2025

EDITOR’S NOTE: The following are the details for an upcoming Webinar on “Reinventing Procurement” that I will be attending. With rising expectations, shrinking budgets, and growing exposure to price risk and supply disruption, todays procurement leaders are tasked with delivering strategic impact at speed and scale.

Procurement 72

Procurement supply chain budgeting Agile and Lean Supply Chain Supply chain 72

ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supply chains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Procurement team 130

ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. Businesses are moving and changing at an incredibly rapid pace, and supply chains are becoming increasingly complex. AI is reshaping the way organizations source, manage suppliers, and drive value today.

Procurement 130

Procurement Supply Chain Optimization supply chain software solutions Procurement team 130

IBM Supply Chain Blog

SEPTEMBER 6, 2023

Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” ” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. It’s not about dismissing traditional budgeting.

Budget 82

Budget Collaboration Data Strategy 82

ivalua

MAY 30, 2022

As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Supply Chain Brain

JUNE 12, 2025

For many, higher costs, supply chain delays, and unpredictable inventory flows are creating significant hurdles. Or, if you’ve been relying on one supplier, it might be time to explore other options to diversify your sources and potentially reduce costs. Focus on operational efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Supply Chain Optimization supply chain budgeting 52

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. This was the focus of a webinar that took place on March 26. Externally, risk and compliance obligations mount, supply chains are stretched and stakeholder expectations broaden.

Suppliers 73

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 73

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. This strengthens internal controls and reduces regulatory risk, while improving audit readiness. Supplier risk adds even more complexity.

Sourcing 130

Sourcing Procurement Real-time Visibility Procurement team 130

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

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

Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Downsides : High cost and potential misalignment with small or medium-sized enterprises.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supply chain disruptions, and rapid inflation. Risk Metrics.

Risk 130

Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 130

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 Procurement supply chain budgeting 130

Supply Chain Brain

MAY 20, 2024

Our webinar will cover a comprehensive guide for logistics professionals grappling with the stressors of the industry, like the pressure to optimize operations amidst tightening budgets and sustainability concerns.

Logistics 97

Logistics Budget Sustainability 97

The Network Effect

APRIL 16, 2015

It is difficult to come across many supply chain leaders today who do not subscribe to the principle of Demand-Driven Supply Chains. As supply chain experts we continue to write about, provide webinars, present at conferences, and assist numerous client companies to progress towards the Demand-Driven Supply Chain model.

supply chain budgeting 66

supply chain budgeting supply chain software solutions Demand Supply Chain Optimization 66

SCMDOJO

DECEMBER 17, 2024

Isnt it high time we chose one to elevate your supply chain career? Overview: CSCMP Certification VS SCMDOJO CSCMP Certification They offer certifications, such as the ScPro, Certified Supply Chain Professional (CSCP), and Certified in Logistics, Transportation, and Supply Chain (CLTP). Click here!

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52

ivalua

FEBRUARY 24, 2021

Strong supplier relationships lead to new product development and innovation, as well as reduced costs and increased efficiencies. Product quality improves and the supply chain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days.

Suppliers 130

Suppliers supply chain budgeting Eprocurement Supplier relationship management 130

Supply Chain Game Changer

JANUARY 15, 2021

Subscribe to Supply Chain Game Changer. Lead generation is a pivotal process for business growth in any industry, including supply chain and logistics. Email and LinkedIn outreach campaigns enable sales teams to reach out to prospects and quickly convert them to customers without harming a company’s budget.

supply chain budgeting 76

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supply chain 76

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

Supply Chain Visibility 52

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

Supply Chain Trend

JUNE 28, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Although there might be a renewed interest, a formalised integration between supply chain planning and finance is not a new idea.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Supply Chain Trend

JUNE 29, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. Flawed Processes. Recommended Reading.

Agile and Lean Supply Chain 52

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

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Other examples include excessive price variances, duplicate invoices or superfluous approvals. 3) Optimize Decision-Making.

supply chain software solutions 130

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

Spend Matters

JULY 24, 2023

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. in the 2021 study to 10.9%.” The full report can be downloaded here.

supply chain budgeting 98

supply chain budgeting Budget Agile and Lean Supply Chain Risk 98

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We should also monitor the actual expenses against the projected spend to ensure that we are staying within our budget.”

Spend management 98

Spend management Management Procurement supply chain budgeting 98

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3).

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

SupplyShift

APRIL 15, 2020

The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply chain, and as such, these emissions are beyond a company’s direct control (Scope 3). Complexity.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply chain Supply 52

Jaggaer

FEBRUARY 25, 2020

Register for our webinar, The Virtual Path to Sustainability. According to our partner EcoVadis’s Global CSR Risk and Performance Index report , depending on their industry, 50% to 80% of a company’s sustainability impact is in their supply chain. Get the details on building sustainable supplier relationships.

Sustainability 71

Sustainability supply chain budgeting Supply Chain Efficiency Procurement 71

ivalua

JULY 21, 2020

Procurement has been uniquely placed on the business front line of this crisis in helping to pivot supply chains from producing make-up to face masks and to finding thousands of items of remote working equipment overnight, or from manufacturing parts for car engines to ventilators.

Procurement team 130

Procurement team Collaboration Procurement supply chain budgeting 130

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains.

supply chain budgeting 52

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

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Jaggaer

FEBRUARY 11, 2020

For more, and to learn about all four steps of the autonomous procurement process, register for our webinar, “ Four Steps to Autonomous Procurement “ In modern procurement teams, many are wondering what will happen when AI technology is truly integrated into purchasing systems. So what does this all mean for employees? .

Procurement 80

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 80

IBM Supply Chain Blog

MARCH 28, 2023

Watch a webinar on cloud data warehousing Resolving the challenges of a monolithic data architecture Software vendors understand these challenges, and several have tried to address the challenges in their own way. In the meantime, learn how you can take on a new approach with cloud data warehousing by viewing the on-demand webinar.

Data 73

Data Price Sourcing Quality 73

Spend Matters

MARCH 11, 2024

They have learnt that their supplies care about: shared values forward visibility data security prompt payment (which surprisingly didn’t come first) team building across multiple organizations “It’s important to remember,” she said, “that it’s a whole ecosystem of communications and that every touch point between organizations is a vulnerability.”

Procurement strategies 112

Procurement strategies Innovation Strategy Procurement 112

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

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. A strategic approach to procurement empowers you to navigate the ever-changing marketplace confidently.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

NLPA (Next Level Purchasing Association)

MAY 7, 2023

The executive component of S&OP is the eS&OP, where top management, middle managers, and specialists meet to balance supply and demand, align operational and financial planning, connect strategic planning with day-to-day sales and operations, and establish policy, strategy, risk, and budget changes via a disciplined discussion.

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

Slimstock

MARCH 26, 2019

As international supply chain executive Sara Ireton indicates in Industry Week , it’s important to recognize “the success of one partner helps the success of the other.” For example, eLearning solutions, combined with webinars and workshops, can allow professionals in the field to further their learning.

Procurement 66

Procurement Chief Procurement Officer Raw materials Supply Chain Optimization 66