Spend Matters

FEBRUARY 13, 2025

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. For the third piece of tech, a contract management system, the Legal Department was a strong ally. It has been a home run.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Your focus here is to get security of service at a good price. Finally, in the bottom left we have basic suppliers, or your tail spend.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Let's Talk Supply Chain

FEBRUARY 21, 2025

In the heart of‍ the bustling Midstate ‍region, a once-thriving logistics supply chain company is facing a ‍paradigm shift as it announces the closure of its second‍ facility.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 52

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Let's Talk Supply Chain

MARCH 3, 2025

In a bid to sweeten its presence in the ever-evolving snack industry, J.M. Smucker‍ has embarked on a series of strategic maneuvers that promise to redefine its‍ sweet snacks business and supply chain.As Smucker‍ can optimize its supply chain processes and meet the growing demand for premium snacks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 52

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. Other notable highlights include: Supplier Risk & Performance Management . Procure-to-Pay. About Ivalua.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Jaggaer

FEBRUARY 5, 2025

A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. When assessing bids following an eAuction, the process typically involves a combination of automated tools and human decision-making, especially when evaluating factors beyond just price.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Let's Talk Supply Chain

MARCH 5, 2025

In a bid to turn the tide on a recent sales slump, Advance Auto Parts is embarking on a bold initiative to revamp its supply chain. Revamping Supply Chain Strategies to Boost Sales Performance advance Auto Parts is making bold moves to rejuvenate its sales figures by overhauling its supply chain strategies.

Agile and Lean Supply Chain 52

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

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. Businesses must now navigate sustainability, risk management, and total cost of ownership (TCO)—which now are shifting more spend into the “defer” or “ignore” buckets.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

SCMDOJO

OCTOBER 3, 2024

In this highly competitive job market, more is needed for students to learn the supply chain theory simply. Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 98

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Insights

MARCH 16, 2025

How Procurement Professionals Use or Interact with Model Context Protocol (MCP) Procurement professionals interact with AI models that utilize Model Context Protocol (MCP) in various ways, especially within digital procurement platforms, supplier management systems, and spend analytics tools. compliance violations, cost overruns).

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. This blog aims to empower procurement professionals by shedding light on how each report contributes to enhanced transparency, accountability, and efficiency within the procurement function.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

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.

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Procurement Insights

APRIL 5, 2025

6 Coupa Software 2006 Founded in 2006, a relatively younger leader in spend management. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics. 2 Coupa Software 3,000+ employees Publicly traded, $725M revenue (2023), a major player in business spend management.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re responsible for the supplier management and then supporting the business in contract management as well.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

ivalua

MARCH 4, 2016

About 60 Procurement Managers, Directors, and Executives attended from top medical device manufacturing companies. Most organizations still have disparate systems like SharePoint, Access, Excel and Emails cobbled together to manage strategic supplier sourcing and supplier engagement processes and documents. Time is Money.

supply chain software solutions 100

supply chain software solutions Supply Chain Efficiency Supply chain Bill of materials 100

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Supply Chain Collaborator

AUGUST 17, 2018

The secret to superior cost control when entering the spot market is: provide a competitive bid environment for carriers to bids on loads transmitted electronically through your TMS. Does your TMS solution provide a competitive bid spot bid management tool?

Budget 100

Budget Competitive bidding Bidding Logistics 100

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? Who Benefits from Efficient Procurement?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Jaggaer

FEBRUARY 13, 2025

These include risk management and resilience in a volatile world. Companies want to avoid or mitigate disruptions to the supply chain and manage stranded assets. Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience.

Leadership 52

Leadership Procurement Supply Chain Efficiency Sustainability 52

Procurement Tactics

APRIL 25, 2023

Thus, you can give your employees a suitable working environment that will allow them to apply the best practices in procurement effectively and efficiently. It helps businesses by improving their finances and processes against a range of challenges that may disrupt the supply chain. Sustainable Procurement: What is it?

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

Procurement Tactics

JULY 14, 2022

Almost all professionals in supply chain and procurement know that it is part of the huge procurement process. A procurement tender is a document that the supplier needs to complete when bidding for a contract. . The tendering follows a strict process to promote transparency and fairness among bidders. . Organization.

Procurement 130

Procurement Bidding Supply Chain Efficiency Contract 130

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. A vendor portal is a secure and safe management system that aids companies to connect with many suppliers to streamline their procurement process. . Due to this, the procurement portal saves you from managing huge volumes of data manually. .

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Supply Chain Game Changer

JANUARY 25, 2021

Subscribe to Supply Chain Game Changer. Why is 3D Printing Revolutionary for Supply Chain? 3D Printing is changing global Supply Chains article and permission to publish here provided by Maria Hills. Traditional manufacturing and the global supply chain were suboptimal in solving such a crisis.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Raw materials 78

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. However, whats really missing hereneeds analysis. Thus, strategic sourcing makes more sense when done at scale.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Insights

MARCH 25, 2025

Tendium.ai (Web ID: 2) notes that professional bidders handle high-value RFPs, but a “too-tight deadline” often results in “no-bid” decisions, potentially dropping response rates below 30% in such cases. Public Sector Insight: Public sector RFPs, often mandated for transparency (e.g., For example, a Responsive.io

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Mock RFP: Procurement Automation & Supplier Management Platform Issued by: Byrne Dairy, Inc.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Project owners can also accept bids on their projects through platforms like Ethereum, which still provide lower costs than traditional bids from financial companies. Efficiency. Transparency. Subscribe Here! Email Address. The Backbone of Bitcoin Technology.

Supply Chain Efficiency 86

Supply Chain Efficiency Bidding Networking Supply chain 86

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 version of its JAGGAER One platform.

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52