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Expanding the influence and impact of Procurement

Spend Matters

This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective. The most significant impact of implementing a spend analytics solution was providing the visibility and details behind the dollars spent on various Indirect spend categories.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.

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Supplier Relationship Management Software — Everything You Should Know

Procurement Tactics

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Reduction of Risk: Enable better risk and compliance management by enabling proactive mitigation and real-time monitoring with vendors.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

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Duct Tape Can’t Fix Your Legacy Systems

ivalua

If they needed contract management, they put a contract management system in place. If they needed an ERP system or a workforce management system, they would define their requirements and either select a system to implement or build their own. . Frankly, they are struggling.

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Transparency with Purpose – Public Sector Procurement

ivalua

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Worse still, a lack of structure might suggest that no one is truly managing the spend.

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