Supply Chain Brain

DECEMBER 25, 2024

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

Collaboration 115

Collaboration Suppliers Supply Chain Optimization Management 115

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Spend Matters

NOVEMBER 11, 2024

Here’s why we think Vroozi matters: To the market: Vroozi offers a comprehensive P2P solution, including e-procurement, invoice automation and supplier collaboration. To buyers: Vroozi delivers a cloud-based P2P suite that streamlines procurement, invoicing and payments.

Procurement 117

Procurement Buyers Collaboration Demand 117

ivalua

MARCH 5, 2020

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. My own contribution was to lead a discussion around collaboration.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Supply Chain Brain

JANUARY 12, 2023

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Buyers 119

Buyers Suppliers Supply chain Collaboration 119

Supply Chain Brain

OCTOBER 8, 2021

Is there any room for actual collaboration between suppliers and buyers, based on more than just price?

Buyers 111

Buyers Suppliers Collaboration Price 111

Supply Chain Brain

JULY 14, 2024

Kate Vitasek, faculty member at the University of Tennessee, explains how collaborative bidding can bring about a whole new way of looking at supplier-buyer engagements.

Bidding 107

Bidding Collaboration Suppliers Innovation 107

Procurement Leaders

MARCH 10, 2023

As long as we nurture collaboration, have a strong team and have a clear process to follow, everything will fall into place.” ” The multitude of risks buyers face represents an issue Boldu is not focused on one specific threat. So risk will be one of the key metrics for purchasing in the future.

Collaboration 147

Collaboration Supply chain Management Risk management 147

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Procurement Insights

FEBRUARY 24, 2025

I don’t want the following quote from a famous business book to be misunderstood or suggest that negotiation between buyer and supplier is an act of war: “Every battle is won before it is ever fought.” It was a collaborative effort towards a mutual gain. It was not a unilateral exchange.

Negotiation 80

Negotiation Buyers Collaboration Suppliers 80

Spend Matters

MARCH 25, 2025

Expanding vendor collaboration: AWS Partner Connections will strengthen partnerships between software vendors and enterprise buyers. Enhancing procurement insights: Cloud Intelligence Dashboards will provide expanded procurement analytics.

Procurement solutions 96

Procurement solutions Procurement Purchase orders Data 96

Spend Matters

FEBRUARY 26, 2025

Its ability to match suppliers with buyers in the public sector and address complex governmental structures and processes has played a key role in its ongoing success. We look forward to continued collaboration and deeper exploration of the future of GovTech and public procurement.

Procurement 116

Procurement Bidding Contract management Data 116

Una

AUGUST 23, 2022

How to Improve Collaboration Between Procurement and IT. For sourcing professionals, attempting to collaborate with another function can feel a bit like trying to establish contact with an alien species. The consequences of poor collaboration can be very expensive, particularly in the realm of IT. Get new resources weekly!

Collaboration 98

Collaboration Procurement Purchasing Data 98

ivalua

SEPTEMBER 15, 2020

John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.

Spend management 223

Spend management Supply Chain Optimization Management Procurement 223

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Collaboration is at its peak when forecasting is robust and solid industry relationships guarantee growth. Strong supplier relationships enable better collaboration and efficient inventory management. Click here!

Inventory 98

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

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

ivalua

SEPTEMBER 28, 2020

It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s. So the network providers just haven’t delivered, and only further fractured the link between buyer and supplier. .

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

ivalua

NOVEMBER 18, 2021

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. The research, conducted by Coleman Parkes, surveyed suppliers across the UK, France, Germany and Switzerland to examine how collaboration can boost environmental initiatives. Notes to the editor.

Suppliers 130

Suppliers Supply Chain Efficiency Buyers Sustainability 130

Spend Matters

AUGUST 12, 2024

However, true collaboration within business networks goes beyond transactional efficiency to involve deeper engagement, strategic partnerships and value creation for all parties involved. This content is for members only. Visit the site and log in/register to read.

Suppliers 111

Suppliers Management Buyers Purchase orders 111

Jaggaer

FEBRUARY 5, 2025

Onboarding S uppliers Onboarding new suppliers and integrating them into the buyers supplier landscape can be a complex and laborious process involving several stages. Misalignment of Expectations – One of the most common issues when engaging new suppliers is a misalignment of expectations between the buyer and supplier.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Leaders

MARCH 26, 2024

Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu. Meaningful connections with suppliers allow for collaborative product development without the need to share or transfer intellectual property.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Procurement Leaders

MAY 13, 2024

A major difference between an RFS and an RFP is that buyers approach suppliers without knowing precisely what it is they are sourcing. If selected, those proposals can then be further developed in collaboration with relevant business stakeholders. Procurement and the business collaborate to define the requirements around a challenge.

Innovation 130

Innovation Sourcing Buyers Suppliers 130

Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Procurement Insights

APRIL 3, 2025

Like any ecosystem, it has both positive and critical aspects , depending on your perspective whether you’re a startup, enterprise buyer, vendor, or procurement leader. Strong Ecosystem & Collaboration Connects enterprises, tech providers, consultants, and investors in a curated innovation space. Positive Aspects of DPW 1.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Tactics

MARCH 23, 2023

Digital platforms can help the source-to-contract process to be more manageable as it allows for automated bidding, digital purchase orders, online payments, and supplier collaboration. The supplier completes the purchase order and will send the goods to the buyer.

Contract 156

Contract Sourcing Purchase orders Bidding 156

Procurement Leaders

JULY 29, 2024

Last month, I spoke about how important it is for companies to collaborate with one another – and, of course, with their suppliers – if they are to make meaningful progress on reducing their Scope 3 footprint. Yet that leaves a long tail unaccounted for. But for 50 organisations? Or even more? Then it becomes far more plausible.

Sustainability 130

Sustainability Collaboration Procurement team Suppliers 130

Jaggaer

NOVEMBER 14, 2024

Collaborative tools enable the integration of Engineering, R&D, Quality, Logistics, and Procurement from the initial design phases. Collaborating with innovative suppliers can help manufacturers command premium prices and even create new revenue streams.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Tactics

AUGUST 25, 2022

Additionally, from 2019 to 2021, he has led his team to win 4 Asia Awards which are the Most Improved Procurement Operation, Transformation, Best Public Procurement Project, and Best Supplier Collaboration. . Her company, Tealbook, is a supplier intelligence platform with the power to change the way buyers obtain supplier data.

Procurement 231

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

ivalua

JUNE 29, 2022

The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives. Collaborate for a greener future. Through this collaboration, the entire production process can benefit from improved efficiency and waste reduction. .

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

DECEMBER 3, 2021

The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives. Collaborate for a greener future. Through this collaboration, the entire production process can benefit from improved efficiency and waste reduction. .

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

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. Version 24.3

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Spend Matters

SEPTEMBER 7, 2022

Project-based procurement is the norm in many industries, and sourcing activities require specific capabilities to collaborate internally and externally. This is why Requis focuses on capital project procurement digitization with many collaborative and crowdsourced features. Read more. ).

Sourcing 98

Sourcing Buyers Collaboration Procurement solutions 98

ivalua

AUGUST 5, 2020

The AP journey starts even before the Supplier Invoice is received, and before the Supplier’s billing team generates the invoice, it begins with the Buyer’s Order. This could be a delivery note, time sheet, receipt or an acknowledgement from the Buyer. Improves efficiency by allowing the Supplier to flag the buyer.

Budget 130

Budget Buyers Collaboration Purchase orders 130

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

ProcurePort

OCTOBER 10, 2019

P2P services enhance collaboration between buyers and suppliers and generate an increased value to the supply chain. Going digital with the P2P process allows buyers and suppliers to develop a relationship that benefits both parties. A new digital era is emerging, with procure-to-pay (P2P) now developed as a digital process.

Procurement 100

Procurement supply chain software solutions Buyers Collaboration 100

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130