Procurement Insights

JANUARY 3, 2025

Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Technological Advancements : The adoption of AI-driven procurement tools and cloud-based platforms improved visibility, efficiency, and decision-making.

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

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. It targets professionals seeking data-driven insights and innovative practices. SM Commodities Index with IHS Markit).

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Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Finale Inventory

JULY 18, 2025

For broader context on how VMI fits into comprehensive inventory strategies, explore inventory planning software. Here's how this process unfolds: Data Sharing & POS Integration At the foundation of any effective vendor managed inventory system is robust data sharing.

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Vendor management Inventory Real-time Visibility Management 40

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? Think classroom supplies, laboratory equipment, educational software, and learning resources. Who Benefits from Efficient Procurement?

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Procurement Supply Chain Efficiency supply chain budgeting Budget 52

TYA Suite

JUNE 12, 2025

To address these challenges, many organizations are now prioritizing a more disciplined and transparent intake process. A well-managed procurement intake process is no longer optional it is a foundational element of procurement excellence and operational efficiency. A procurement intake process should not be static.

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Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] In 2024, teams saw a 40% drop in manual workloads as a result of automationmomentum that continues to drive efficiency in 2025.[4]

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

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. Whether it's a small company buying in bulk or a large enterprise managing hundreds of suppliers, an efficient purchase process can directly impact cash flow, compliance, and profitability.

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Purchasing supply chain budgeting Purchase orders Quantity 40

TYA Suite

MAY 23, 2025

By integrating procurement and finance functions, automation ensures greater control, accuracy, and transparency across all transactions. Thats where automation helps by improving efficiency, reducing risks, and supporting better cost control. Automated Procure to pay is more efficient than Manual Procure-to-Pay.

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Procurement Insights

MAY 22, 2025

Its no-code, modular design, deep AI integration, and broad risk/compliance coverage make it a leader in helping organizations manage third-party risk, compliance, and ESG requirements efficiently and at scale. This lack of transparency can undermine trust and complicate regulatory audits. Summary Table: Certa.ai

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Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

TYA Suite

MAY 3, 2025

When vendor management is handled manuallythrough endless emails, spreadsheets, and phone callsit often leads to errors, inefficiencies, and missed opportunities. simplifies this process by providing a centralized platform where businesses can onboard vendors, track performance, manage contracts, and ensure complianceall in one place.

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Vendor management Management supply chain software solutions Contract 40

Finale Inventory

JULY 18, 2025

The Strategic Edge: Production Planning Software for Today's Manufacturers Are you drowning in spreadsheets, juggling missed deadlines, and watching inventory costs eat away at profits? Production planning software transforms how businesses convert customer demand into efficient, cost-effective production schedules.

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supply chain software solutions Real-time Visibility Inventory planning Inventory 40

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. What is Procurement Tracking?

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Procurement Tactics

MAY 24, 2023

For example, you can ask a department head to provide feedback and scores for a software service used by their team. Supplier scorecards are also used to track vendor value, measure procurement key performance indicators (KPIs), and monitor overall supply chain performance.

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Pipefy

JANUARY 11, 2023

Vendor relationships are complex. Building solid partnerships with different vendors requires flexibility, coordination, and clear communication. Below, we take an in-depth look at managing vendor relationships and the tools, systems, and strategies needed to successfully build a network of reliable and trusted vendors. .

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IBM Supply Chain Blog

MAY 9, 2023

An excellent illustration of how IBM partners are helping enterprises capitalize on the transformative power of AI is Krista Software , which used IBM Watson NLP from IBM’s embeddable AI software portfolio to help its mobile security client, Zimperium, automate its entire scheduling and deployment process.

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Vendor relationships Strategy Budget Quality 94

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

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supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 79

Zycus Cognitive Procurement

FEBRUARY 14, 2022

The first step to building a resilient supply chain is strengthening your relationships with suppliers. The importance of good relationships with suppliers has never been more important than it is now. The era of the linear, traditional supply chain is long gone. Why now, you may ask.

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Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Jaggaer

DECEMBER 13, 2024

Automating both , and achieving frictionless integration with ERP systems, contributes to optimized operational efficiency. By contrast an efficient O2C process ensures a smooth logistical flow of operations, but more importantly, it serves as the foundation for customer satisfaction. What is Order-to-Cash?

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Supply Chain Efficiency Procurement Vendor relationships Buyers 52

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Pipefy

JANUARY 31, 2023

Sealed bid Procurement method used primarily by the government in which all bids remain sealed, or unreviewed, until after the submission deadline has passed in order to ensure fairness and transparency in the bidding process. Examples range from training services to software to raw construction materials.

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Arkestro

NOVEMBER 16, 2023

Something we often take for granted as consumers is the Black Friday supply chain practices that occur for each piece of inventory on a retailer’s shelves. While Aunt Ethel’s Christmas gift might seem simple, the supply chain management process behind it is anything but.

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Procurement supply chain software solutions Raw materials Supply Chain Efficiency 52

Finale Inventory

SEPTEMBER 24, 2024

These documents serve as the backbone of efficient inventory management, acting as a formal request for goods from a vendor. The Role of Purchase Orders in Inventory Management Purchase orders serve as a formal request for goods from a vendor. The significance of purchase orders cannot be overstated.

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Purchase orders Purchasing Inventory Quantity 52

HICX

SEPTEMBER 11, 2023

Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit.

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Planergy

NOVEMBER 29, 2022

It’s never a good idea to work with a single partner on anything mission-critical, as it can damage your organization if an issue arises with its supply chain. It can work for basic things like office supplies you don’t often need. Fewer suppliers can make it much easier for companies to manage their supply chains effectively.

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Supplier consolidation Suppliers Risk supply chain budgeting 52

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. These include the need for greater efficiency and the desire to build procurement processes with more structure and less fragmentation.

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Pipefy

JANUARY 4, 2023

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” At the same time, teams are expected to source and pay for these products and services with efficiency, speed and precision. Almost every team that chooses automation is looking to create a more accurate, efficient process.

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Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

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The Procuretech Podcast

SEPTEMBER 22, 2022

The emergence of the on demand or SaaS software was exciting. How do you complement the performance or the requirements of the service technician with the objectives of hitting an SLA but doing it on a cost efficient basis where you were not paying a lot to get these products? . Who should own those third party vendor relationships?

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Procurement supply chain software solutions Buyers Price 40

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

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SCMDOJO

MAY 27, 2025

Supply chain disputes can feel like a drawn-out tug-of-war, leaving both sides eager for resolution. If you are wondering what happens next after resolving supply chain conflicts, keep reading for practical insights into legal tasks, operational shifts, and financial adjustments.

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Procurement Insights

MAY 11, 2025

Needs of the Procurement Industry and Practitioners in 2025 Procurement professionals today face complex challenges: Tariff Mitigation and Supply Chain Disruptions: With ongoing U.S.-China Gartner serves 14,000 enterprises globally, including procurement and supply chain leaders. billion in Q1 2025.

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