Spend Matters

OCTOBER 4, 2024

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. It is even reminiscent of the earlier days of Ariba with ‘Enterprise Spend Management’ (albeit focused heavily on savings and indirect spend) and then Coupa as it began to set the standard for S2P suites with ‘Business Spend Management.’

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

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. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

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. Some of the key benefits include: 1. This alignment can be achieved by: 1. This alignment can be achieved by: 1.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52