Spend Matters

NOVEMBER 7, 2024

In this series of articles, we explain what these vendors offer, why they are likely to become future members of our “50 Procurement Providers to Watch” and “50 Procurement Providers to Know” lists and what challenges they may face.

Risk management 111

Risk management Risk Suppliers Supply chain 111

SCMDOJO

JANUARY 9, 2025

This article delves into how these two elements, working together, can transform procurement strategies into long-term competitive advantages. However, these solutions use data analytics, automation, and predictive modeling to streamline operations, enabling procurement teams to make faster and more informed decisions.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Insights

MARCH 27, 2025

Martin , has asked me to write a few articles and papers for the group’s membership, which I am more than happy to do. via VentureBeat or Pactera Technologies in 2019) suggesting up to 85% of AI projects fail due to issues like poor data quality or lack of management support. The group’s Founder, James E.

Procurement 81

Procurement Quality Leadership Purchasing 81

SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). These have become part of many aspects of modern life, including commercial logistics.

Logistics 98

Logistics Data Supply Chain Efficiency Route optimization 98

Spend Matters

MARCH 18, 2025

This is unequivocally the most granular data available on this rapidly growing market. Spend Matters has been covering the Intake & Orchestration market since its inception with vendor analyses and articles and is excited to showcase it in the Insider SolutionMap data comparison module. Data is refreshed every 6 months.

Procurement 91

Procurement Sourcing Contract Risk 91

Spend Matters

JANUARY 23, 2025

The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate. supplier count, event size).

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

Spend Matters

OCTOBER 31, 2024

In this series of articles, we explain what these vendors offer, why they are likely to become future members of our “50 Procurement Providers to Watch” and “50 Procurement Providers to Know” lists and what challenges they may face. However, True ValueHub’s vision extends beyond should-cost approaches.

Buyers 114

Buyers Raw materials Networking Suppliers 114

Procurement Insights

DECEMBER 11, 2024

Below each ChatGPT 2030 prediction, I provided several links to the archived articles that relate specifically to the ten points of prognostication. There are considerably more articles and papers on these topics that you can access using the blog’s search capability.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Procurement Tactics

AUGUST 25, 2022

In this article, we will introduce to you procurement speakers in 2022 that have inspired many people throughout the years. We hope that once you have finished reading this article, you will be inspired to continue and pursue your desire to make a change through procurement. Marijn Overvest.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Tactics

MAY 22, 2023

In this article, we will discuss what integrated logistics means. Once you are done reading this article, you will have a deeper understanding of integrated logistics. Improved operations Sharing performance data in real-time among various departments within logistics organizations can enhance operational efficiencies.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Jaggaer

JANUARY 28, 2025

In June 2018 we published an article entitled “5 Trends Higher Ed. Here is an evaluation of each trend discussed in the article: 1. 2025 Update : The talent landscape has evolved, with a growing need for professionals proficient in digital tools, data analytics, and sustainable procurement.

Procurement 52

Procurement Eprocurement Contract management Sustainability 52

Procurement Tactics

JULY 4, 2023

This is what this article will be about. By the end of this article, you will clearly understand should-cost modeling and how it can help you achieve cost savings for your organization. Gather Data After you identify the scope of your model, the next step is to gather data. 2.5% -1.2% 1.8% -0.7%

Raw materials 209

Raw materials supply chain software solutions supply chain budgeting Price 209

Procurement Tactics

NOVEMBER 17, 2022

. This article will tackle what sustainable manufacturing is. Once you are done reading this article, you will have an in-depth knowledge of what sustainable manufacturing is. Also, companies should be prepared for their data to be audited to provide clients with proof of their level of sustainability.

Sustainability 203

Sustainability Supply Chain Efficiency Data supply chain software solutions 203

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

AUGUST 29, 2022

Categories: Sponsored Article , Supplier Management , supplier networks , Supply Chain Management Tags: Sponsored Article In the modern world of business, outsourcing has become increasingly popular due to its multitude of benefits; from cost-saving to accessing specialized skill sets and resources.

Supply chain 130

Supply chain Supply chain management Supply chain management Supply 130

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. These data and inputs are used for the creation of reports and insights that aid in identifying trends, and areas that need improving or support strategic decision-making.

Supply Chain Efficiency 178

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

Procurement Tactics

JANUARY 8, 2023

Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Once you finish reading this article, you will gain a deeper knowledge of what sustainable procurement analysis is.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Tactics

JUNE 8, 2023

In this article, we will define what supply chain network design is. Once you are done reading this article, you will be able to configure your supply chain effectively. Collect supporting data To make smart decisions, you need reliable data that can support those decisions. However, what is it?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

SCMDOJO

APRIL 3, 2025

This article explains how to understand US tariffs and lessen their impact on supply chains. This requires strong supplier relationships, good communication, and data analysis skills. This has boosted growth but also created vulnerabilities, with tariff volatility being a major concern.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 96

SCMDOJO

NOVEMBER 20, 2024

Quantitative Methods: The Quantitative forecasting method is engaged where there is access to historical data, and unlike the former, it is objective to the degree of the reality of the data. This method is adopted when there is no historical data. Additionally, this method has served us well and gives us several advantages.

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Spend Matters

MARCH 25, 2025

Suppliers and external partners contribute another layer of complexity, as they rely on procurement systems for seamless onboarding, data accuracy and operational efficiency. One of the most effective ways to achieve this is by using data-driven storytelling to showcase procurements role in cost savings, efficiency gains and risk management.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

SCMDOJO

JANUARY 22, 2025

This guide will equip you with the knowledge you need to make data-driven decisions, achieve your business goals, and boost your supply chain metrics. All order lines for non-stock articles processed in the defined period have to be measured with the exception that order lines delayed due to reasons caused by the customer should be excluded.

Supply Chain Optimization 90

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 90

Procurement Tactics

JULY 23, 2023

In this article, we will explain what last mile means in logistics. After reading this article, you will gain a deeper insight into what last mile logistics is and the steps you can take to optimize your operations. Use this information to make data-driven decisions and refine your last mile logistics strategy.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Tactics

DECEMBER 6, 2022

In this article, we will discuss what spend management is. After reading this article, you will gain a deeper understanding of what spend management is. Manual processes in spend management cause many mistakes and errors in data. Visibility of expense data. Centralize expense data. Verify the accuracy of data.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Insights

NOVEMBER 4, 2024

It is this latter “twist,” if you can call it, that has enabled the optimization process to extend beyond the limitations of execution boundaries referred to in a May 2007 article that appeared in Supply Chain Digest titled Supply Chain Optimization versus Simulation. of the time. I hope this helps. Reference Links: [link] 30

Supply Chain Optimization 59

Supply Chain Optimization supply chain software solutions Supply chain Data 59

Procurement Tactics

OCTOBER 13, 2022

In this article, we will discuss what a strategic sourcing manager is. Once you are done reading this article, you will know the importance of having a strategic sourcing manager in a company. They should be uncompromising with the details and be able to analyze large volumes of data. . Online Certification Program. ?

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Procurement Tactics

JUNE 8, 2023

In this article, we will define what sustainability ratings are. Once you are done reading this article, you will have a better insight into what sustainability ratings are. Gather and analyze the data The next step is to gather the data needed to rate the sustainability of a product, service, or company.

Sustainability 190

Sustainability Ethics Negotiation Procurement strategies 190

Procurement Tactics

JUNE 6, 2023

For this article, we are going to discuss what inventory forecasting is. Once you are done reading this article, you will be able to have a greater knowledge of the importance of forecasting your inventory. This data can be used to discover innovative marketing strategies and create targeted sales opportunities.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Pipefy

MARCH 27, 2025

Analyze real-time data Adjust your strategies with predictive insights. By using AI in the sales funnel – integrating BPM and BPA – it is possible to automate and make it more efficient. This reduces operational costs, eliminates bottlenecks, and improves the customer experience, which increases customer retention.

Contract 59

Contract Strategy Data Management 59

Procurement Tactics

JANUARY 5, 2023

For this article, we will discuss what a PunchOut catalog is. Once you are finished reading this article, you will have a deeper understanding of the PunchOut catalog and why many procurement professionals use it nowadays. . However, not many people in the industry are familiar with it. .

Buyers 179

Buyers Purchasing Suppliers Price 179

ProcurePort

OCTOBER 2, 2023

In today’s rapidly evolving business landscape, procurement professionals are constantly seeking ways to enhance efficiency, reduce costs, and make data-driven decisions. This article discusses the advantages of using AI for spend analysis in procurement.

Procurement 130

Procurement Data 130

Procurement Tactics

MAY 9, 2023

In this article, we will discuss what invoice reconciliation is. After reading this article, you should be able to reconcile your invoices efficiently. Enter the data into the system Once the invoice has been reconciled and approved, the data can be entered into the accounting or procurement system for payment.

Purchase orders 182

Purchase orders Negotiation Purchasing Procurement strategies 182

Procurement Tactics

MARCH 27, 2023

In this article, you will know what supply chain forecasting is. Once you are done reading this article, you will know how to forecast supply chains that can promote growth in your company. All data and information in forecasting ensure that businesses will run smoothly and continuously grow.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Spend Matters

MARCH 18, 2025

This is unequivocally the most granular data available on this rapidly growing market. Spend Matters has been covering the Intake & Orchestration market since its inception with vendor analyses and articles and is excited to showcase it in the Insider SolutionMap data comparison module. Data is refreshed every 6 months.

Procurement 66

Procurement Sourcing Contract Risk 66

Procurement Tactics

SEPTEMBER 8, 2022

Do not worry if you do not know operational procurement as this article will help you understand it. Once you reach the end of this article, you will have a better grasp of operational procurement. Once you reach the end of this article, you will have a better grasp of operational procurement. Frequently asked questions.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

Let's Talk Supply Chain

FEBRUARY 26, 2025

this article, we will explore six innovative ways to tighten the knot of product traceability in manufacturing. Data Analytics Utilize‍ advanced analytics to extract valuable insights and optimize processes. In the intricate web of manufacturing processes, the thread of product traceability can easily become tangled.‍

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Raw materials 52

Spend Matters

JULY 15, 2024

Our article ‘Analyst Eye on Unleashing Strategic Impact and Driving Working Capital Optimization’ highlights the pivotal role of procurement in shaping this optimization. Imagine a company navigating a complex network of supplier negotiations, payment terms and cash flow management.

Supplier negotiation 117

Supplier negotiation Sustainability Negotiation Networking 117