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Buyers Real-time Visibility Risk 
Spend Matters
OCTOBER 31, 2024
We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.
Spend Matters
NOVEMBER 7, 2024
We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — Halo Ai’s founder has a background in procurement and has built the tool with procurement in mind and to replace current TPRM and GRC point solutions.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
ivalua
NOVEMBER 29, 2021
Lack of control or visibility into what is being spent and with which suppliers. Non-compliance with internal policies and regulation, creating legal risks for the company. . Once you have visibility into your tail spend, you can look at patterns. Extra work processing supplier invoices, creating higher costs. Who purchased it.
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ivalua
SEPTEMBER 19, 2022
The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.
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Supply Chain Game Changer
AUGUST 26, 2021
Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. “C” Subscribe Here!
Jaggaer
OCTOBER 24, 2024
The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships. This collaborative approach can take various forms, from co-developing new products to jointly managing risks and ensuring sustainability in the supply chain.
Procurement Software
MARCH 16, 2025
While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. Countless emails – buried in your inbox – increases the risk of miscommunication and lost information.
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Jaggaer
OCTOBER 24, 2024
Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.
Una
AUGUST 17, 2022
A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.
Spend Matters
FEBRUARY 25, 2025
Time and resources can also be a stopping point. Procurement also has to deal with maverick spend, and persuading employees, buyers and suppliers not to get around the adopted process is hard when its an easier option than sticking to sometimes archaic systems and elongated processes. Adoption will not happen automatically.
ivalua
JUNE 4, 2020
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Risk & Performance Management. There are many supply chain management lessons to learn from the Covid-19 crisis.
ivalua
JUNE 29, 2020
I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data.
SCMDOJO
MARCH 19, 2024
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.
Spend Matters
FEBRUARY 13, 2023
The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.
Procurement Insights
MARCH 6, 2025
Its a time-saver for procurement teams or C-level execs needing a starting point. Companies often use it to de-risk vendor selectione.g., Why Its Good: Combines hard data with real-world feedback, offering a balanced view. Buyers might overlook Provider X if its not a Leader, even if it excels in supply chain LCA.
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ivalua
FEBRUARY 25, 2021
What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Point-of-use data capture. The post ERP vs.
ivalua
MAY 19, 2022
By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.
Jaggaer
OCTOBER 24, 2024
The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.
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. Global Reach, Real Impact Participants and speakers come from over 50 countries. Positive Aspects of DPW 1. High-profile speakers (e.g.,
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Spend Matters
JANUARY 30, 2023
Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility.
SCMDOJO
APRIL 22, 2022
At such a time, NFTs will prove their worth. With the ability to know the real-time movement of the product due to its tokenization system, a company can easily find out the owner of the asset by quick scans and running reports. The tokenization system will also improvise how inventories are managed in the supply chain.
ivalua
JULY 8, 2020
These challenges in the direct material supply chain pose a real threat, especially in a time of crisis. Risk & Performance Management. The key to the success of these strategies begins with communication and transparency, both of which are also essential in times of crisis. Financial, etc.).
Procurement Tactics
DECEMBER 21, 2022
After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Defining Supply Chain Collaboration. Benefits of Supply Chain Collaboration.
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ivalua
JUNE 1, 2022
Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.
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. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.
Jaggaer
MARCH 6, 2025
Predictive analytics powered by ML helps organizations anticipate procurement trends and identify potential risks. These reforms and similar ones in other countries open up opportunities for public sector buyers. Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization.
ivalua
MARCH 9, 2023
Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay.
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Procurement Tactics
MARCH 27, 2023
Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.
ivalua
MARCH 27, 2023
The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. The time is now – let’s get an action plan together!
Spend Matters
MAY 8, 2023
The intention is that by creating a user-centric collaboration layer between buyers and suppliers on top of the Coupa platform and infrastructure, the solution will streamline and enhance collaboration while decreasing operational business risks. Coupa is not releasing all of the above at the same time.
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Una
OCTOBER 25, 2022
Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Reducing suppliers also helps mitigate risk throughout the supply chain. Instead, they’ll be able to spend more time nurturing the relationships that really matter. Consolidate your supplier lists.
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.
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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. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.
Una
JANUARY 17, 2023
Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. 7 Emerging Supply Chain Risks. Streamlined cross-border trade.
TYA Suite
NOVEMBER 15, 2024
Each participant in the procurement process—whether they are suppliers, buyers, or logistics providers—has access to this shared ledger. This transparency is a game-changer because it enables all parties to view the same information in real time. This level of visibility is invaluable for several reasons.
Planergy
MARCH 18, 2025
Download Free Copy Supply Chain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management Supply Chain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supply chains are critical for maintaining consistent educational services.
Spend Matters
OCTOBER 10, 2022
Categories: Accounts Payable , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the AP automation vendor OpenEnvoy and its real-time AP automation solution. This can lead to unnecessary spend and can limit visibility of invoice records. Read more. ).
Procurement Heads
JULY 27, 2022
It is really important that those lessons, the understanding of dual sourcing, low-cost country sourcing and all of the mix of what was talked about a lot 10 years ago is re-understood and the relevant risks mitigated. . The Buyer has to be able to ask what they are doing to make their company the preferred customer.
130 
Spend Matters
JUNE 19, 2023
By generating these insights, spend analytics solutions proactively help reduce costs in the form of input costs and unnecessary consumption, mitigate both internal and supplier risk/non-compliance and design better processes, policies and practices. Click to enlarge Exploring the actual market state of the top 5 capabilities 1.
ivalua
FEBRUARY 24, 2021
in “ The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.” Streamlined Contract Authoring: By starting contracting during sourcing, customers can reduce the cycle time from quote to contract and consider negotiated terms in sourcing decisions.
Una
AUGUST 30, 2022
In the realm of SRM , organizations can set up automatic monitors of supplier risks, visit suppliers using augmented reality, and improve audits through crowdsourced information-gathering. As Deloitte points out, this shifts the whole approach of SRM from damage control to proactive risk mitigation. Better customer service.
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Supply Chain Game Changer
NOVEMBER 7, 2022
To reduce supply chain breakdown, you have to use preventative information technology (IT) that will enable you to identify risks that might disrupt your operations. As a result, you can ensure that your production team can mass-produce high-quality items that would delight your buyers. Minimizes Downtime. Avoids Equipment Breakdown.
Supply Chain Game Changer
MAY 23, 2022
With reduced duplication of effort and time-saving, knowledge is more effectively utilized. Access to knowledge and expertise also increases employee participation, commitment, and loyalty since they do not need to spend time searching for answers or resources. Improves real-time decision making for efficient supply chain management.
Finale Inventory
JULY 17, 2024
Defining In-transit Inventory In-transit inventory can be categorized as any goods or products that have left the supplier’s premises and are on their way to the buyer or destination. Different modes have varying lead times and costs. One important aspect is having a robust tracking system.
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