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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place. The platform empowers Manufacturers to quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

These AI agents leverage real-time data, predictive analytics, and generative AI to enhance resilience, reduce costs, and improve overall efficiency in AI-driven supply chain resilience. Automates bidding processes and cost optimization. Enhances AI-driven supply chain resilience.

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience. Some of the most effective techniques include supplier segmentation, e-auctions and competitive bidding, collaborative negotiations, and data analytics for demand forecasting.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

Sustainable bidding. Procurement can integrate eco-friendly practices into bidding strategies by setting clear sustainability criteria, prioritizing suppliers with established sustainability practices, and requesting detailed sustainability plans from suppliers.

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5 Procurement Industry Trends to Watch in 2025

Arkestro

E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids. Subscribe to news from Arkestro.