ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Procurement Insights

JANUARY 3, 2025

Analytics and insights from procurement data were minimal. 20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management.

Agile and Lean Supply Chain 52

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

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Markus Leutert.

Supply Chain Efficiency 130

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

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.

Eprocurement 130

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

Procurement Heads

JANUARY 4, 2023

I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. And what are some of the main challenges that you and your team are currently facing?

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Procurement Software

JANUARY 26, 2025

The Future of Procurement: The Bullish Case In this optimistic outlook, procurement undergoes a transformation driven by compelling external forces. Visibility and Transparency Heightened demands for supply chain visibility propel investments in technologies that enhance transparency across procurement processes.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Meanwhile, the pace of business is accelerating, requiring organizations to be more responsive and agile.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply chain management 100

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 100

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. We manage billions of dollars worth of spend.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Procurement Tactics

JUNE 28, 2023

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates.

Supply Chain Efficiency 178

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

Skill Dynamics

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. This approach also helps with overall team development.

Supply Chain Optimization 52

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

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

Using Data to Drive Smarter Procurement Decisions If youve ever wondered how some teams seem to be steps ahead, the secret is often data analytics. In 2024, procurement leaders leaned heavily on data to fine-tune their procurement strategies, uncover hidden opportunities for savings, and improve supplier performance.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Spend Matters

JUNE 22, 2023

Amid the disruption, leading procurement teams have demonstrated an immense capability to help businesses weather the storm – picking up a whole host of new responsibilities in the process. What the modern procurement function needs to succeed In the last few years, we’ve seen disruption quickly shift from the exception to the norm.

Procurement 98

Procurement Agile and Lean Supply Chain Procurement team Innovation 98

Procurement Heads

SEPTEMBER 6, 2023

The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain. I liked the fact it was highly commercial, which interested me, and I could see how procurement – as a profession – was growing and maturing.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Sustainability 130

Una

MAY 25, 2023

How to identify procurement risks There’s no one-size-fits-all approach to procurement risk management. Risks vary dramatically in nature, so your response will need to be tailored to suit every scenario. Challenges of procurement risk management Why is procurement risk management so difficult?

Purchasing 96

Purchasing Risk Management Procurement 96

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

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

Una

APRIL 13, 2023

Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers.

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Arkestro

MAY 30, 2022

However, it makes the point that digital acceleration should be a key goal for procurement teams across a wide range of industries. Critical suppliers are deeply integrated with day-to-day operations, and it is the successful management of these suppliers that delivers a competitive advantage leading to greater business impact.

Agile and Lean Supply Chain 52

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

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

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

Arkestro

AUGUST 1, 2024

Charlotte de Brabandt Procurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical.

Procurement 52

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Jaggaer

OCTOBER 10, 2024

As Hackett states, procurement wants a “seat at the table” and rightly so, as stakeholders seek procurement’s support on issues such as supply risk management, digital transformation and ESG objectives. But to do so procurement professionals need to understand and embrace the needs of those stakeholders.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. SpendMatters Supply Chain Dive Supply Chain Digital Art of Procurement (Podcast).

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

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. Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. As these reinforce each other, efficiency and alignment improve across your supply chain operations.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

This is to enable greater autonomy and agility. . Accordingly, the time is right for procurement to take centre stage and create benchmark KPIs to ensure sustainability in global supply chains. Ensuring responsible sourcing is a primary need of procurement teams now. Risk management.

supply chain budgeting 52

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

Arkestro

AUGUST 29, 2024

As of 2024, 75% of employers lack the talent they need, with high-tech manufacturing and procurement teams seeing the highest levels of impact. According to Gartner, 52% of procurement leaders faced staffing shortages in 2021, and the problem continues today.

Procurement 52

Procurement Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 52

Arkestro

MAY 23, 2023

Today, the right procurement software can streamline procurement processes and help procurement managers level-up their current methods of addressing common problems such as project delays, quality control, sustainability, and risk management. Construction procurement’s problems have been accelerated.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 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 31, 2023

Information is centralized Information is centralized Increased productivity & accuracy Assists compliance Improved auditability Enhanced supplier risk management Vendor information governance What are the Key Pillars of Supplier Information Management? What is Supplier Information Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain software solutions 52

Empowering CPO

MAY 6, 2023

The Evolving Role of Procurement in Businesses In today’s rapidly changing business landscape, procurement has emerged as a strategic function that goes beyond merely purchasing goods and services. This enables procurement teams to focus on strategic activities that contribute to the company’s growth and success.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Procurement team Supply Chain Optimization 52