Spend Matters

MARCH 12, 2024

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry.

Risk management 78

Risk management Procurement Risk Suppliers 78

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. ‘ The major highlights are described below.

Procurement 82

Procurement Risk management Raw materials supply chain software solutions 82

Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

Procurement 88

Procurement e2e Contract Sourcing 88

Una

NOVEMBER 30, 2022

Going digital also shows real-time value through more accurate spending transparency, better supplier relationship management, and advanced leveraging of data and analytics. . Digital transformation enhances supplier relationships. Prioritizing a digital procurement strategy to gain competitive advantage.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

ivalua

APRIL 12, 2019

The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. That is the data around spend, suppliers, contracts and so on that provides the ammunition or the fuel for AI to work on. It can; Retrieve information on spend, suppliers, etc. Fresh mint, maybe?

Procurement team 176

Procurement team Data Suppliers Contract 176

IBM Supply Chain Blog

APRIL 22, 2024

In 2024, IBM announced our latest request for proposal on the topic of resilient cities, which will aim to find ways to foster urban resiliency in the long term. We support this commitment by setting specific environmental requirements for our suppliers and by partnering with them to drive continual improvement.

Ethics 97

Ethics Sustainability Data Suppliers 97

ivalua

JUNE 16, 2021

In fact, a survey conducted by the Economist Intelligence Unit (EIU) found that 96% of respondents from the Middle East region were reconfiguring their supply chains in October 2020 — much higher than the global average of 83%. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Arkestro

FEBRUARY 15, 2023

Automotive purchasing has been a hot topic in recent years. With the pandemic, global economy, and inflation shaking up the industry, reliable suppliers have become a major issue for companies involved in heavy industry procurement. A crisis like COVID, helped reveal how little purchasers know and can rely on their suppliers.

Purchasing 52

Purchasing Purchase orders supply chain software solutions supply chain budgeting 52

Procurement Express

MAY 8, 2024

The Role of AI in Supply Chain Artificial Intelligence (AI) is a topic of growing interest in supply chain management. This saves time and improves decision-making when evaluating potential suppliers or materials. Alex highlights two key areas where AI can make a significant impact: sourcing and process optimization.

Supply Chain Optimization 52

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

Spend Matters

JANUARY 9, 2024

In fact, just recently, we held a webinar with CASME exploring this same topic, bringing together two procurement leaders, who had perspectives from both sides of the argument. And crucially, it’s all based on public information that previously would have required hours of research to gather.

Procurement 77

Procurement Buying process Suppliers Category management 77

Una

NOVEMBER 7, 2022

Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision. Think beyond cost when considering IT suppliers. Encourage and incentivize supplier innovation. Do your suppliers know that you are interested in their innovative ideas?

Innovation 93

Innovation Procurement Suppliers Purchasing 93

Spend Matters

MARCH 11, 2024

We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to steer our research and analysis which informs the best decisions of the best decision makers. Supplier Master Files have changed, he said.

Procurement strategies 92

Procurement strategies Innovation Strategy Procurement 92

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. Read part 1 here , part 2 here and part 3 here.

e2e 76

e2e Procurement supply chain software solutions Contract 76

HICX

JUNE 12, 2023

In this episode of the Supplier Experience Live podcast, we spoke with Yash Rai , Vice President, Procurement and Supply Chain Solutions at The Smart Cube. Supplier risk monitoring The second biggest trend he sees right now is around supplier risk. Yash has over 14 years of experience working in the procurement domain.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supplier relationship management Suppliers Risk 52

SCMDOJO

NOVEMBER 8, 2022

This supply chain YouTube channel covers Supply Chain and Logistics topics with a passion running over 40+ years of industry experience. . Top 10 Supply Chain Management Thesis Topics. From sourcing new talent to managing global disruption, this supply chain YouTube channel helps you focus on the most pertinent topics.

Supply Chain Optimization 120

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply Chain Analytics 120

HICX

MARCH 16, 2023

In this episode of the Supplier Experience Live Podcast, we head to Pittsburgh, Pennsylvania to speak with Anand Singh , who is VP of Integrated Supply Chain at Sword Health.  This led us onto the topic of how to get the most out of technology. The impact of Industry 4.0 In his view, the evolution to Industry 4.0

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Suppliers Supply chain management 52

Procurement Heads

JUNE 28, 2022

The emphasis will always change – one year it might be on savings, another it might be a little bit more on risk, market intelligence, innovation and so on. They will probably go back to not having the time to listen and understand market intelligence or understand the problems in supply security.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Empowering CPO

JUNE 26, 2023

By embracing these trends, businesses can unlock a world of opportunities, drive cost savings, enhance supplier relationships, and ultimately achieve procurement excellence. Procurement data encompasses a wide range of information, including historical spend, transaction details, contracts, supplier information, and market intelligence.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Procurement Software

APRIL 16, 2024

For example, their procurement teams are not negotiating well, because the people haven’t been trained in effective supplier negotiations, or they haven’t refreshed their other core procurement skills. Before we conclude, however, we have to look at the sexy topic of AI. So, technology on the whole is an enabler.

Procurement 52

Procurement Budget Procurement team Negotiation 52

Spend Matters

JANUARY 23, 2024

Automation will aid in the selection of suppliers and deciding questions to ask, saving everyone valuable time.” To help shape our understanding of the role of AI versus that of GenAI in procurement, our analysts discussed the following four topics. So traditional AI and GenAI can complement each other.

Category management 63

Category management Data Procurement supply chain software solutions 63

Zycus Cognitive Procurement

OCTOBER 20, 2022

Cognitive procurement is a hot topic in the business world today. In simple words, cognitive procurement is the process of using disruptive technologies such as artificial intelligence (AI) to assist with procurement. But what exactly is it? Increasing procurement efficiency. Connecting the virtual and physical world seamlessly.

Real-time Visibility 59

Real-time Visibility Procurement Procurement team Risk 59

Spend Matters

FEBRUARY 13, 2024

CUIs and CUXs were hot topics 10 years ago due to the popularization of Siri (Apple), Cortana (Microsoft), Alexa (Amazon), Google Assistant and Facebook’s M. Streamlining real-time communication: enabling procurement teams to interact with suppliers, stakeholders and internal teams more efficiently.

Supply Chain Efficiency 82

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 82

Procurement Software

MAY 9, 2023

This procurement podcast from B2e Media Ltd covers topics on technology, supply chain and procurement. It features in-depth discussions with procurement leaders and subject matter experts on the most pressing topics in the public sector today. Supplier Experience Live releases approximately monthly.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

Procurement Software

MARCH 12, 2024

Gartner has also put together an interesting, well written article on the topic which I would highly recommend as an introductory guide. It gets more “intelligent” based on the increasing amount of data sets you feed it. And, last but not least, you’ve got AI-driven supplier discovery tools on top such as Matchory , Alpas and Scoutbee.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Jaggaer

OCTOBER 13, 2020

Now that our first webinar , ‘Do You Have a 360° Degree View of Your Suppliers?’, in our 2020 Fall Webinar Series is now over, we wanted to share our takeaways with you. What is your supplier risk priority? CSR 18% Supply chain 56% Supplier financial data & visibility 44% Supplier diversity 23% Compliance issues 39%.

Risk 52

Risk Suppliers Strategy Risk management 52

SCMDOJO

JUNE 21, 2023

SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain. However, many companies lack awareness regarding supplier onboarding, selection, and S&OP with supplier management.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 90

SupplyShift

MARCH 6, 2023

Supplier human rights assessments can help organizations identify, mitigate, remedy, and prevent adverse human rights impacts. Digital tools to enable supplier engagement and transparency can create visibility that will help organizations to make better decisions.

Supply Chain Efficiency 52

Supply Chain Efficiency Suppliers Risk Data 52

Procurement Software

MARCH 19, 2024

Gartner’s introductory guide to this topic provides a great overview. Sourcing When it comes to sourcing, AI can assist with RFX generation, reviewing supplier responses, and leveraging disparate, unstructured data into a coherent. It can also assist with supplier discovery and due diligence on potential new sources of supply.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

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

Empowering CPO

JULY 5, 2023

As we delve into this cutting-edge topic, we’ll uncover how technological innovation is not just revolutionizing procurement processes, but also redefining what managed procurement services can offer businesses in a highly digital era.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Supply Chain Game Changer

OCTOBER 8, 2020

Namely; Artificial Intelligence. We have blogged about this topic in several articles because we see it as a significant technology in the future of supply chain management. Understand what it is. ” Simply put AI is a machines ability to learn from doing the same repetitive task. Internet of Things.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

Empowering CPO

JUNE 30, 2023

As we delve deeper into this topic, we will explore the numerous benefits of outsourcing to managed procurement services and how a company like EmpoweringCPO, with its people-first approach and comprehensive procurement intelligence services, can be the game-changer in your procurement strategy.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

SCMDOJO

MARCH 15, 2023

Read More: The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement ] What is ChatGPT? They can also use ChatGPT to communicate with their suppliers and logistics partners to coordinate the delivery of raw materials and finished goods.

Supply Chain Optimization 126

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

Una

NOVEMBER 19, 2023

The conversations, guided by our host, Kelly Barner with Art of Procurement, are always full of industry insight and knowledge and touch on various topics impacting procurement. I’m super passionate about emotional intelligence for procurement professionals. We find suppliers on the other side of the world. Suppliers are people.

Sourcing 52

Sourcing Agile and Lean Supply Chain supply chain software solutions Procurement 52

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Una

JULY 13, 2023

The conversations, guided by our host, Kelly Barner with Art of Procurement, are always full of industry insight and knowledge and touch on various topics impacting procurement. Stretch the boundaries of what can be done and do things in an intelligent way." What Makes a Supplier Strategic? Do something innovative.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

MAY 5, 2021

They’ve hired strategic Supply Chain professionals who can turn this data into actionable intelligence, and redesign the supplier, production, and transportation network to get products to market quicker and cheaper. Then came COVID-19. I think, as a field, we need to step up and embrace this moment. ”

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52