Procurement Leaders

AUGUST 25, 2023

By benchmarking leading organisations alongside others, Procurement Leaders’ Strategic Planning Guide 2024 research reveals the measures procurement chiefs can take to ensure their functions perform at the highest possible level.

Procurement 130

Procurement Strategic planning Influencing Procurement team 130

Supply Chain Brain

FEBRUARY 12, 2024

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

Risk management 124

Risk management Risk Management 124

Spend Matters

JANUARY 5, 2024

Navigating the Nexus: Supply chain risk and Scope 3 carbon emissions assessments Traditionally, the aim of managing supply chain risk was to increase the efficiency and cost-effectiveness of logistics networks. What excites me for 2024 is that meeting disclosure requirements is getting easier.

Procurement solutions 111

Procurement solutions Supply Chain Efficiency Procurement Raw materials 111

Procurement Insights

JANUARY 3, 2025

2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

Procurement Insights

DECEMBER 11, 2024

There are between 2 and 4 links covering the period 2007 to 2024. ChatGPT Assessment 2024 – [link] Did Gartner get it right 2009 – [link] 2. Technology is irrelevant 2024 – [link] Technology is irrelevant 2007 – [link] 3. Dangerous Myths 2007 – [link] Dangerous Myths (2007 2024) – [link] 8.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Spend Matters

APRIL 4, 2024

Artificial intelligence in procurement During the first quarter of 2024, the Spend Matters team followed the theme of ‘ Artificial Intelligence in Procurement. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

Spend Matters

MARCH 5, 2024

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Our Spring 2024 SolutionMap results are testimony to how vendors are stepping up to the challenges of a volatile business environment.

Procurement 130

Procurement Sourcing Risk management Ethics 130

Spend Matters

JANUARY 11, 2024

Procurement will step into the center of risk management As the risk landscape continues to change at an alarming rate, organizations can no longer afford to look at risk one dimensionally. At one time, this was acceptable; a financial profile or sanctions report was enough for an onboarding risk analysis.

Procurement solutions 102

Procurement solutions Procurement Risk management Procurement team 102

Procurement Insights

OCTOBER 31, 2024

What is optimized inventory management? What is supply chain risk management? Most of us would answer No to that question. (*) Here are the four questions I asked ChatGPT: What is predictive analytics? What are collaborative supplier networks?

Supply Chain Optimization 75

Supply Chain Optimization Risk management Collaboration Networking 75

Spend Matters

OCTOBER 29, 2024

Vendors and procurement practitioners can learn more than just the names Spend Matters deems worthy of elevating, though.

supply chain software solutions 114

supply chain software solutions Supply chain Procurement Innovation 114

Spend Matters

FEBRUARY 8, 2024

Our respondents gave us their observations on 2024 and how they anticipate them shaping the market in the year to come. The post 2024 procurement tech vendor insights series — Analyst wrap up appeared first on Spend Matters. This content is for members only. Visit the site and log in/register to read.

Procurement 111

Procurement Supplier relationship management Risk management Contract 111

Spend Matters

DECEMBER 19, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Jag Lamba, Founder & CEO at Certa , provider of Supplier Management and Contract Lifecycle Management solutions and one of Spend Matters 50 Procurement Providers to Watch.

Procurement solutions 111

Procurement solutions Procurement Ethics Risk 111

Spend Matters

DECEMBER 21, 2023

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Spend Matters

JANUARY 19, 2024

Recovering tens of millions of dollars that might otherwise be lost In 2024, every business function needs a generative AI story , and procurement is no exception. All in all, that’s an outstanding story for procurement leaders to tell as they head into 2024! Finally, how a company allocates its funds bolsters its ESG strategy.

Procurement solutions 114

Procurement solutions Procurement Sourcing Innovation 114

ivalua

JANUARY 8, 2023

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. However, the scope will be extended to companies that employ at least 1,000 employees from 1 January 2024. By Jan-Hendrik Sohn.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Spend Matters

MARCH 18, 2024

Day one — which Spend Matters did not attend as it was for customers and partners only — consisted of solution-focused sessions covering various topics: AI and generative AI, risk management, external workforce management, etc. The post Ivalua NOW EMEA 2024: Procurement [RE]Imagined appeared first on Spend Matters.

Procurement 117

Procurement Raw materials Sustainability Risk 117

Spend Matters

JANUARY 25, 2024

In 2024, business leaders will look beyond the industry buzz for solutions that deliver real-life, AI-based use cases. Moving into 2024 and beyond, we expect the demand for these technologies to increase, as well as for new use cases to arise. Salvatore Lombardo , SVP, Chief Product Officer, SAP Ariba Procurement Solutions, SA.

Procurement solutions 101

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 101

Spend Matters

JULY 10, 2024

Intake manage and orchestration During the second quarter of 2024, the Spend Matters team gave special attention to ‘ Intake and Orchestration Solutions ‘ The major highlights are described below. In this roundup of Q1, we review the Vendor Analyses and other Insider content that the team produced in the previous quarter.

Procurement 114

Procurement Management Contract Sourcing 114

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

JANUARY 17, 2024

There will be a critical need for companies to tap into AI applications across market intelligence, design for cost and supply chain, risk management and agile direct materials sourcing. The post New Year Insights for the procurement solutions and services marketplace 2024: Supplyframe appeared first on Spend Matters.

Procurement solutions 103

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 103

Spend Matters

JANUARY 29, 2024

In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50 Procurement Providers to Watch. The post New Year Insights for the procurement solutions and services marketplace 2024: FRDM appeared first on Spend Matters.

Procurement solutions 111

Procurement solutions Supply Chain Efficiency Procurement Supply chain 111

Spend Matters

OCTOBER 4, 2024

TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., management of risk, compliance, performance, onboarding speed and supplier collaboration that respects/accommodiates supplier requirements) with fine-grained operating models.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Spend Matters

OCTOBER 7, 2024

After 12 months of intense assessment and debate, Spend Matters is delighted to release the 2024 ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists. For the 2024 lists, we have continued the significant refinements that were made to our methodology beginning in 2022.

supply chain software solutions 111

supply chain software solutions Innovation Supply chain Procurement 111

Spend Matters

JANUARY 8, 2024

In 2024, this will require continued transformation as businesses look to increase resilience, swift value delivery, combatting inflation and sustainable procurement practices. The post New Year Insights for the procurement solutions and services marketplace 2024: INVERTO appeared first on Spend Matters.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Ignoring industry trends poses the risk of being left behind by more agile competitors. Let’s see the most common trends in 2024. And we know that numbers don’t lie.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Spend Matters

JANUARY 10, 2024

Risk management will evolve with emerging risks Businesses are bracing for another challenging year ahead as an influx of threats hits the enterprise. This is a dramatic increase compared to recent years when chief risk officers were much less common. Economic uncertainty still looms.

Procurement solutions 64

Procurement solutions Risk management supply chain budgeting Procurement 64

IBM Supply Chain Blog

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. ESG Regulations in 2024: Everything you need to know (link resides outside ibm.com).

Sustainability 78

Sustainability Supply Chain Efficiency Risk Data 78

Procurement Insights

DECEMBER 30, 2023

These Next Gen Rebels are definitely not the spectator-kind, and here is what they had to say when I asked them the following three questions regarding 2024: Question #1 – What is procurement’s biggest strength? Question #3 – What are (or should be) procurement’s top 3 objectives for 2024?

Procurement 87

Procurement Supply Chain Efficiency Risk Innovation 87

Spend Matters

NOVEMBER 14, 2024

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR).

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Jaggaer

FEBRUARY 28, 2025

Risk Management: Develop a comprehensive risk management plan identifying potential disruptions and outlining mitigation strategies. PwCs 2024 Digital Procurement Survey highlights the importance of this shift. Supply Chain Visibility: Invest in technology that provides real-time visibility into the supply chain.

Agile and Lean Supply Chain 52

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

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

If theres one thing weve learned in 2024, its that effective procurement strategies can make all the difference in a teams success. Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Art of Procurement

NOVEMBER 21, 2024

In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.

Procurement 128

Procurement Risk management Risk Supply chain 128

Procurement Insights

DECEMBER 1, 2023

An article with the answers from the supply chain and procurement community, featuring your voice too, will be published online at the beginning of 2024! Could you highlight the pivotal opportunities it presents and the potential risks that organizations should be mindful of?

Procurement 60

Procurement Supply chain resilience Supply chain Sustainability 60

Jaggaer

MARCH 20, 2025

In such an unpredictable environment, procurement leaders are advised to take a risk-management approach, focusing on cost efficiency, contract flexibility, and strategic supplier relationships to ensure institutional resilience. These could be amended, scrapped or introduced by current and future administrations.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Procurement Leaders

NOVEMBER 6, 2023

In partnership with GEP: Insights into the long-term technological, geopolitical and ESG trends that will impact procurement teams this decade

Procurement team 100

Procurement team Procurement Risk management Sustainability 100

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Download “The Hackett Group: 2024 Procurement Agenda and Key Issues Study” environment) Improve procurement agility (i.e.,

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Contract 52

Spend Matters

OCTOBER 2, 2024

These factors explain why the World Economic Forum includes AI-generated misinformation and disinformation and cyberattacks in its top 5 risks for 2024. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here.

Risk 111

Risk supply chain software solutions Supply chain Risk management 111