Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. billion in 2023. Customer orders online.

Price 163

Price Suppliers Negotiation Quality 163

Positive Purchasing

FEBRUARY 18, 2025

The UKs procurement landscape is undergoing a significant transformation with the introduction of The Procurement Act 2023, which goes live this February. Emphasis on Social Value Another essential aspect of the Procurement Act 2023 is its strong emphasis on social value, which signals a shift in how public sector contracts are awarded.

Procurement 52

Procurement Supplier relationship management Negotiation Contract 52

ivalua

MARCH 5, 2023

Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris.

Innovation 130

Innovation Spend management Collaboration Supply Chain Optimization 130

SCMDOJO

MARCH 14, 2025

Similarly, the UKs Procurement Act 2023, effective February 24, 2025, aims to enhance competition and oversight. Lets take a look at the Procurement Act 2023, enacted by the United Kingdom and enforced in February 2025. The Philippines has enacted the New Government Procurement Act (Republic Act No.

Procurement 90

Procurement Bidding Competitive bidding Contract 90

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

SCMDOJO

JANUARY 9, 2025

A 2023 Deloitte study revealed that companies using strategic sourcing models saw a 15% reduction in procurement costs. Automation of Routine Tasks Repetitive tasks such as purchase order creation, invoice processing, and supplier performance tracking can be automated, freeing up time for procurement teams to focus on strategic initiatives.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. He did purchase a new truck, but it doesn’t have a C15.

Price 130

Price Suppliers Negotiation Purchasing 130

Una

JANUARY 4, 2023

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. By Mackenzie Oakley | January 5, 2023. The basics of group purchasing. Benefits of working with a group purchasing organization.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Una

MAY 25, 2023

Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year.

Purchasing 96

Purchasing Risk Management Procurement 96

Una

MARCH 1, 2023

Shifting Procurement's Mindset to Face the Challenges of 2023 and Beyond Advice for shifting procurement’s mindset to face current-day challenges head on and how to continue driving change, solving problems, and creating value amidst adversity. in 2023 before climbing to 1.6% Economic weakness in the U.S.

Raw materials 97

Raw materials Purchasing Procurement Sourcing 97

Spend Matters

OCTOBER 25, 2023

However, this update does not cover Tipalti’s requisitions and purchase orders capabilities, as we have yet to analyze them. The post Tipalti: Vendor Analysis, 2023 Update (Part 1) — AP Automation solution overview, market analysis, company SWOT, competitors appeared first on Spend Matters. This content is for members only.

Market analysis 116

Market analysis Purchase orders Purchasing Demand 116

ivalua

JANUARY 31, 2023

As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Arkestro

JANUARY 4, 2023

So, what will 2023 have in store for the procurement world? As we enter 2023, procurement will need to continue to focus on attracting and motivating high-performing teams. But, according to Blum, “2023 may be the year that procurement leaders finally accept the fact that they will never eliminate tail spend.”. Reducing spend.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Procurement Tactics

MAY 15, 2023

Surprisingly, the numbers exceeded its projected 90,000 visitors as the country recorded 112, 991 arrivals in March 2023. Additionally, the banning of glyphosate resulted in 251 million kilos of organic tea produced in the first quarter of 2023 which makes Ceylon tea an ideal purchase in Europe.

Export 206

Export Import Negotiation Sustainability 206

Spend Matters

OCTOBER 28, 2024

But, things change fast in AI, and several additional vendors have implemented GenAI since our coverage at the end of 2023. The different approaches to using GenAI in procurement technologies reflect how providers have been responding to the potential of this new technology and the growing customer demand for GenAI features.

Procurement 114

Procurement Demand Vendor management Contract 114

Spend Matters

OCTOBER 2, 2023

This third part of our three-part Spend Matters Vendor Analysis 2023 update focuses on a deeper overview of each part of SAP Ariba’s offering for P2P, with a detailed look at each of its modules. The post SAP Ariba: Vendor Analysis, 2023 Update (Part 3) — P2P solution details and analyst summary appeared first on Spend Matters.

Collaboration 111

Collaboration Supply chain Purchasing Supply 111

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? With streamlined processes, purchasing products and services becomes faster, cheaper, and more efficient.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Spend Matters

OCTOBER 2, 2023

This second part of our three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of SAP Ariba’s P2P solution. The post SAP Ariba: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters. This content is for members only.

Collaboration 111

Collaboration Supply chain Purchasing Supply 111

Spend Matters

NOVEMBER 9, 2023

How Calculum came into being Oliver Belin, founder of Calculum.ai, describes the rationale behind the solution’s founding: “When negotiating between a buyer and a supplier, certain questions have to be answered: what is the price, how much do I buy, what is the quality of the purchase and what are the payment terms?

Negotiation 109

Negotiation Buyers Suppliers Data 109

Spend Matters

OCTOBER 19, 2023

After 12 months of intense debate, Spend Matters has just released the 2023 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. Introducing The Future 5 of 2023 Throughout the year, our analysts scour the market to find and scrutinize procurement tech newcomers. Have 5+ customers.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 111

Spend Matters

NOVEMBER 16, 2023

Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. The post Spend Matters Future 5 2023 – Why we chose ORO Labs appeared first on Spend Matters. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most.

Procurement 111

Procurement Suppliers Sustainability Innovation 111

Procurement Heads

FEBRUARY 20, 2023

The top of the agenda for procurement is to deliver decarbonisation, particularly through Scope 2 emissions (indirect from purchased energy) and Scope 3 emissions (indirect from purchased materials and services).

Procurement 130

Procurement Category management Supply chain Purchasing 130

Spend Matters

DECEMBER 11, 2023

Part 3 of this Spend Matters Insider Vendor Analysis 2023 update focuses on a deeper examination of Tradeshift’s AP Automation offering, with a detailed look at each of its modules. The post Tradeshift: Vendor Analysis, 2023 Update (Part 3) — P2P solution process/module details and analyst summary appeared first on Spend Matters.

Purchasing 103

Purchasing Procurement 103

Spend Matters

DECEMBER 11, 2023

Part 2 of this Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Tradeshift’s AP Automation solution. The post Tradeshift: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters. This content is for members only.

Purchasing 103

Purchasing Procurement 103

Spend Matters

JUNE 28, 2023

This third part in the three-part Spend Matters Vendor Analysis 2023 update gives a detailed solution overview of Jaggaer’s Procure-to-Pay (P2P) offering, an examination of each of its modules and an analyst summary to end the series. The post Jaggaer: Vendor Analysis, 2023 update (Part 3) — P2P solution details and analyst summary.

Procurement 98

Procurement Purchasing 98

Spend Matters

FEBRUARY 18, 2025

In the 2023 Deloitte Global CPO Survey , which was co-produced with help from Spend Matters Chief Research Officer Pierre Mitchell, 72% of respondents considered digital transformation as a top priority for the year, making it joint second after Driving operational efficiency. This leads to partial success at best and failure at worst.

Procurement 86

Procurement Purchasing Suppliers Procurement team 86

Spend Matters

DECEMBER 11, 2023

The year 2016 marked a pivotal moment for Tradeshift as it ventured into strategic acquisitions, including the purchase of IBX Business Network and Merchantry. The post Tradeshift: Vendor Analysis, 2023 Update (Part 1) — P2P solution overview, market analysis, company SWOT, competitors appeared first on Spend Matters.

Market analysis 103

Market analysis Networking Buyers Supply chain management 103

Spend Matters

NOVEMBER 15, 2023

The lack of pre-purchase requisition workflows, too, restricted visibility in his organization before it turned to Zip. The post Zip Forward 2023: Recap of first annual Zip User Conference appeared first on Spend Matters. This sentiment was echoed by several speakers throughout the day.

Sourcing 111

Sourcing Contract Inventory Procurement 111

Spend Matters

OCTOBER 28, 2024

But, things change fast in AI, and several additional vendors have implemented GenAI since our coverage at the end of 2023. The different approaches to using GenAI in procurement technologies reflect how providers have been responding to the potential of this new technology and the growing customer demand for GenAI features.

Procurement 114

Procurement Demand Vendor management Contract 114

Procurement Tactics

JUNE 8, 2023

billion resulting in a positive trade balance in April 2023. in the first quarter of 2023. in March 2023. in February 2023 and strict borrowing conditions limit consumer’s purchasing power. The Observatory of Economic Complexity records Brazil’s import and export activities in the first quarter of 2023.

Export 177

Export Import Negotiation Sustainability 177

Spend Matters

OCTOBER 17, 2023

After 12 months of intense debate, Spend Matters is delighted to release the 2023 ‘ 50 Procurement Providers to Know ’ and ‘50 Procurement Providers to Watch ’ lists. The Future 5 of 2023 Throughout the year, our analysts scour the market to find and scrutinize procurement tech newcomers.

supply chain software solutions 121

supply chain software solutions Innovation Supply Chain Efficiency Procurement 121

Spend Matters

OCTOBER 2, 2023

The post SAP Ariba: Vendor Analysis, 2023 Update (Part 1) — P2P solution overview, market analysis, company SWOT, competitors appeared first on Spend Matters. The third concludes the series with an in-depth look at the P2P solution and an analyst summary. This content is for members only. Visit the site and log in/register to read.

Market analysis 110

Market analysis Collaboration Supply chain Purchasing 110

SCMDOJO

SEPTEMBER 18, 2023

In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Spend Matters

JUNE 28, 2023

This second part in the three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Jagger’s Procure-to-Pay (P2P) solution. The post Jaggaer: Vendor Analysis, 2023 update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters.

Procurement 98

Procurement Purchasing 98

ivalua

FEBRUARY 10, 2023

per cent in January 2023, down from 9.2 Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. Eurozone annual inflation was down 8.5 per cent in the previous month.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Supply Chain Brain

JULY 27, 2023

TradeBeyond’s quarterly Retail Sourcing Report provides a detailed overview of the current state of global retail sourcing to help supply chain leaders make more informed purchasing decisions.

Sourcing 96

Sourcing Purchasing Supply chain Supply 96