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. CFOs began to see procurement as critical to business continuity and organizational agility. 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

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. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

supply chain software solutions 130

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

IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

Supply Chain Efficiency 107

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 107

Let's Talk Supply Chain

JULY 20, 2023

Zarrin Lilani on How Women Lead in Supply Chain At Let’s Talk Supply Chain, we’re passionate about closing the gender gap to expand innovation through diversity. Making this hard dichotomy shift isn’t just about good business ethics either. It’s a business investment in an industry that’s anything but predictable.

supply chain software solutions 98

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply 98

SCMDOJO

AUGUST 15, 2024

Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Enhanced Collaboration Among Stakeholders Effective collaboration is crucial in retail supply chains, as it allows for swift decision-making and problem-solving.

Retail Supply Chain 98

Retail Supply Chain Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 98

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . Closed loop spend management (CLSM) is an approach geared towards injecting resilience and agility into business operations by optimizing overhead costs and transforming procurement and supply chain processes. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Ultimately, businesses looking to enhance their agility and data-driven decision-making will find significant value in modernizing their S2P workflows. Digitalization also fosters greater agility in supplier management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

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

Procurement Insights

APRIL 14, 2025

Scalability and Adaptability Agent-based models effectively address scalability challenges by dynamically adjusting to the complexities of modern procurement and supply chain environments. Challenges and Ethical Considerations 1.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Influencing Procurement strategies 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Supply Chain Game Changer

JUNE 6, 2019

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Consumers are demanding more from the companies they buy from, and Supply Chain Management is at the forefront of delivering that increased responsibility. Subscribe Here! Email Address.

supply chain software solutions 52

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

Let's Talk Supply Chain

NOVEMBER 22, 2022

As if the gender gap wasn’t enough already, women leaders in supply chain have their work cut out for them. With a decade already punctuated by constant disruption; consumers are more aware of supply chain and how industry shortages , talent gaps, and climate events impact their daily lives and local communities.

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

MAY 9, 2023

It makes our supply chains stronger, defends critical enterprise data against cyber attackers, and helps deliver seamless experiences to millions of customers ever day across multiple industries. AI is already driving results for business. Watsonx.governance can help build the necessary guardrails around AI tools and the uses of AI.

supply chain software solutions 106

supply chain software solutions Supply Chain Efficiency Ethics Data 106

TYA Suite

NOVEMBER 15, 2024

Having a solid risk management plan allows companies to anticipate problems before they escalate, ensuring that supply chains remain efficient and reliable. Furthermore, collaboration allows companies to work together with suppliers to find solutions and strengthen the supply chain.

Risk management 40

Risk management Risk Suppliers Strategy 40

Finale Inventory

JULY 1, 2024

Are you interested in learning about the world of the F&B supply chain? In this article, we will walk you through the basics, key components, role of inventory management, challenges, and technological innovations in the F&B supply chain. One important aspect of the F&B supply chain is inventory management.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Inventory supply chain software solutions 40

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

Finale Inventory

AUGUST 4, 2024

Examining raw materials in ecommerce reveals a complex web of supply chain dynamics. Additionally, understanding the origins of your raw materials can impact your brand’s sustainability and ethical practices. Using such software can optimize your inventory management and reduce the risk of over or understocking.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Policies serve as guidelines for the procurement team, ensuring consistency and adherence to ethical standards.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Arkestro

FEBRUARY 25, 2025

Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isnt just about following trends; its about building a more inclusive, efficient, and equitable supply chain. The procurement industry is also currently seeing a surge in AI-powered software.

Sustainability 52

Sustainability Supply Chain Efficiency supply chain budgeting Ethics 52

World of Procurement blog

JANUARY 19, 2022

With solutions such as Tealbook , which creates a supplier data foundation that isn’t dependent on a supplier going into a portal and updating information, we will see a shift in procurement teams opting for options such as this. With better data comes more precise insights into your Supply Chain.

Agile and Lean Supply Chain 52

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

HICX

AUGUST 17, 2023

At the center of this paradigm is Supplier Performance Management (SPM) – a critical component of comprehensive supply chain management that has demonstrated that it is crucial in driving business success in the modern global economy. Table of Contents What is Supplier Performance Management? What is Supplier Performance Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 52

World of Procurement blog

MAY 8, 2024

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Code generation : Software developers and programmers use generative AI to write code. Experienced developers are leaning on generative AI to advance complex coding tasks more efficiently. This includes technical documentation, user manuals and other relevant materials that accompany software development.

Data 118

Data Ethics Quality Project management 118

IBM Supply Chain Blog

SEPTEMBER 19, 2023

Specifically, generative AI would transform customer care, IT and network optimization and digital labor—all areas in which automation can notably help increase agility and efficiency. CSPs and NEPs usually have huge support centers and IBM has the potential to help transform workflows between all ecosystem players.

Networking 108

Networking Data Quality Ethics 108

Empowering CPO

MAY 6, 2023

As global supply chains become more complex and interconnected, procurement professionals play a critical role in ensuring businesses remain competitive and resilient. Predictive analytics, for instance, allows procurement professionals to forecast demand, identify potential supply chain disruptions, and optimize inventory levels.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 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.

Risk management 52

Risk management Risk Suppliers Management 52

IBM Supply Chain Blog

MAY 6, 2024

Like the transition to hybrid cloud, agile software development, or zero trust, generative AI security can be an afterthought. Organizations also need to recognize that while hallucinations, ethics, and bias often come to mind first when thinking of trusted AI, the AI pipeline faces a threat landscape that puts trust itself at risk.

Innovation 65

Innovation Risk Agile and Lean Supply Chain Strategy 65

Jaggaer

DECEMBER 13, 2024

eProcurement solutions simplify catalog management, supplier onboarding, and requisition processes, while supply chain collaboration tools reduce delays and enhance communication with suppliers. Leveraging Technology to Power the P2P Process Modern P2P processes leverage advanced technologies to streamline workflows.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Purchase orders e2e 52

Pipefy

AUGUST 15, 2024

Enterprise AI is software that employs advanced artificial intelligence (AI) techniques like ML to drive digital transformation. Large organizations use it to achieve significant improvements in their business processes, resulting in higher operational efficiency, greater profitability and increased business agility.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Data Ethics 52

Una

JANUARY 8, 2024

Procurement can promote employee value all the way down the value chain by ensuring suppliers comply with fair labor practices, ethical standards, and employee well-being. We can play a role in building a supply chain that reflects the positive workplace culture you want to foster within your organization.

supply chain budgeting 52

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

Procurement Software

JUNE 25, 2024

By adopting measures such as consolidating suppliers to achieve better rates and implementing lean procurement processes, you’re not only cutting immediate costs but also setting the stage for sustained financial benefits. The post Moving Beyond Procurement Cost Savings to Driving Value appeared first on Procurement Software.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. Importance and Impact on the Organization – Delivery metrics are vital for maintaining a smooth and efficient supply chain.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Barkers Procurement

FEBRUARY 25, 2024

Intelligent Procurement Software Uncertain business outlooks shine a spotlight into every function. The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result.

Procurement 52

Procurement supply chain software solutions Contract supply chain budgeting 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. e-Procurement platforms: Comprehensive solutions that automate the entire procurement process, from requisition to payment.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Una

AUGUST 9, 2023

Resource to help: The Limitless Possibilities of ChatGPT in Procurement Invest in skill development An educated and knowledgeable procurement team can rapidly navigate the complexities of procurement efficiently while upholding compliance, ethics, and quality standards. Make sure the team is offered training in both hard and soft skills.

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52