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.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

ivalua

NOVEMBER 29, 2021

Non-compliance with internal policies and regulation, creating legal risks for the company. . We need to change the perception of procurement and create a beneficial user experience that lowers risk, reduces time and of course, cost. . The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

Spend Matters

OCTOBER 16, 2024

Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. What causes financial risk?

Risk 114

Risk Risk management Suppliers Raw materials 114

Spend Matters

DECEMBER 23, 2024

Risk reduction: The platforms compliance features (e.g., GDPR alignment, secure data storage) reduce organizational risk. Consult TechMatch our tech selection tool that helps procurement and finance technology buyers quickly explore the market and identify best-fit solutions.

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

Spend Matters

OCTOBER 2, 2024

The interconnected nature of business networks, their systems and their data leaves suppliers and the primary organization open to threats and attacks that broadly fall under the category of supply chain cyber risk. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here.

Risk 111

Risk supply chain software solutions Supply chain Risk management 111

Procurement Leaders

DECEMBER 9, 2022

LG: We are a team of 75 buyers globally, with 30 people in a central service centre. For example, before becoming a machinery buyer, a candidate must spend a significant period of time in the technical team. Our challenges are linked to digitalisation, risk management and inflation. Why are they so important?

Risk 130

Risk Suppliers Risk management Buyers 130

Spend Matters

FEBRUARY 12, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. Supply Risk Solutions (SRS) was founded in 2007 to address these issues for the semiconductor and healthcare industries.

Risk management 111

Risk management Risk Suppliers Management 111

Supply Chain Game Changer

SEPTEMBER 18, 2022

Small Business Risks in Accepting Cryptocurrencies! This is why crypto risk management is important to take your wealth off of exchanges and into your own hands. This is why crypto risk management is important to take your wealth off of exchanges and into your own hands. Risks of Crypto Exchanges. This happened with Mt.

Risk management 109

Risk management Risk Management supply chain software solutions 109

Procurement Leaders

JANUARY 27, 2023

In this interview, Snow talks to Procurement Leaders’ chief product officer David Rae about his approach to risk, the company’s evolving geographic footprint and how he prepares his team to deal with the ongoing polycrisis. But buyers do not focus on the value of spend with each supplier – they consider the revenue impact.

Risk 162

Risk Supply Chain Efficiency Management Supply chain 162

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Proceed at your own risk. At the risk of stretching this analogy to its breaking point (go with us on this!), Here are just a few of the most frightening challenges keeping IT buyers awake at night. By Hugo Britt | August 4, 2022.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

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. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Are the supplier’s 3rd party risk ratings acceptable?

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

ivalua

JUNE 28, 2021

London, UK – 29 th June 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed almost two thirds (65%) of suppliers feel late payments are putting their company at financial risk. The findings show late payments are having a knock-on effect across the supply chain.

Risk 130

Risk Suppliers supply chain budgeting Innovation 130

Spend Matters

SEPTEMBER 18, 2023

In this Spend Matters Insider Vendor Analysis Update, we give an updated and more complete overview of Resilinc (originally briefly covered in 2022), a solution built to reduce risks in supply chains to make them more resilient. Supply chains have been the focus of much news in the last few years. This is exactly the purpose of Resilinc.

Risk management 120

Risk management Risk Supply chain Management 120

Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Spend Matters

FEBRUARY 19, 2024

This Spend Matters Vendor Analysis gives an overview of Kodiak Hub, a supplier management solution that consolidates all supplier information and data into one view with a focus on performance and risk. There are many old, new and developing stories about risk and the disruptions impacting business continuity and operations.

Risk 111

Risk Suppliers Supplier relationship management Sustainability 111

Spend Matters

AUGUST 8, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the shift in CPO priorities towards supply-related risks. Having that option has become more important than ever, because we’ve all seen the consequences of not taking risk seriously enough.”

Risk management 98

Risk management Risk Management supply chain budgeting 98

Spend Matters

MAY 10, 2023

Categories: Procurement Systems & Architecture , risk-compliance-management Tags: PRO In this Spend Matters PRO Vendor Analysis we provide an overview of ProcessUnity and its solution for third-party risk management. To mitigate these risks, companies need to proactively monitor and assess their suppliers' risk profiles.

Risk management 97

Risk management Risk Management Suppliers 97

Spend Matters

MAY 24, 2023

Categories: risk-compliance-management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Prevalent and its third-party risk management (TPRM) solution. Prevalent allows users to continuously monitor third-party vendors for security, privacy, compliance and supply-chain-related risks. Read more. )

Risk management 98

Risk management Risk Management Buyers 98

Spend Matters

SEPTEMBER 28, 2022

Categories: Category Management , Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Risk Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Interos, a supply chain risk management (SCRM) solution built to map and model a live global view of a company’s business ecosystem.

Risk management 98

Risk management Risk Supply chain Management 98

Spend Matters

JANUARY 11, 2023

Categories: Analytics , Supply Risk Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Owlin, a risk and intelligence solution built to help customers monitor what is being said and published about them, their suppliers and, in fact, any topic, e.g., customers, competitors or commodities.

Risk 98

Risk Data Category management Buyers 98

Spend Matters

DECEMBER 18, 2023

This Spend Matters Vendor Analysis provides an overview of Gatekeeper and its contract lifecycle management (CLM) and third-party risk management (TPRM) solution. To potential buyers — Gatekeeper offers unlimited users on all of its pricing plans. This content is for members only. Visit the site and log in/register to read.

Risk management 111

Risk management Contract Risk Management 111

Jaggaer

FEBRUARY 5, 2025

Supplier Risk Assessment – In an increasingly large number of cases, a detailed supplier risk assessment might be required to determine whether the lowest bidder is the best overall choice. Buyers can standardize their systems and require suppliers to use compatible technologies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Spend Matters

FEBRUARY 13, 2023

Therefore, creating a digital twin of a supply chain to identify, mitigate and monitor risks at all times is of ever-increasing importance for organizations that want to risk-adjust their supply chain. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at SxM with Enhanced Risk. What does an SxM with Enhanced Risk solution do? SxM with Enhanced Risk solutions further develop their risk capabilities and requirements, as supplier-related risk is a key component in suppliers management and needs to be embedded in all decisions.

Risk 97

Risk Risk management Supply Chain Optimization Suppliers 97

Spend Matters

DECEMBER 30, 2024

Consult TechMatch our tech selection tool that helps procurement and finance technology buyers quickly explore the market and identify best-fit solutions. As always, reach out to discover how Spend Matters can help with your procuretech ambitions for next year.

Supply Chain Efficiency 111

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 111

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

Procurement Tactics

JUNE 22, 2023

A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

Procurement Heads

FEBRUARY 22, 2023

The function provides category management, third-party risk management, procurement operations and sustainability via a central group team, with local procurement teams in the business units supporting those businesses to procure the goods and services that they need. What are you and your organisation doing with regard to climate change?

Sustainability 246

Sustainability Influencing Suppliers Supply chain 246

Procurement Insights

MARCH 6, 2025

Companies often use it to de-risk vendor selectione.g., For example, a competitor like Watershed might shine in analyst scores but falter in user satisfaction, helping buyers weigh practical fit. Buyers might overlook Provider X if its not a Leader, even if it excels in supply chain LCA.

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

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.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

ivalua

JUNE 27, 2022

Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. This removes risk when buying from innovative or SME suppliers while creating a larger supplier base to target with early payment opportunities via C2FO marketplace.

e2e 130

e2e Buyers Suppliers Supply chain 130

Procurement Leaders

MARCH 10, 2023

Risk has become an increasingly important focus for Stockholm-headquartered consumer goods giant Electrolux, which has thousands of Tier-1 suppliers. For Mirela Boldu, senior programme manager – supplier risk management, managing these threats is crucial to the function.

Collaboration 147

Collaboration Supply chain Management Risk management 147

Procurement Leaders

SEPTEMBER 8, 2022

Data can help challenge, get our buyers doing the creative work that they want to do and work for the company and can help us retain our buyers by innovating what we’re doing in procurement, giving people those new skills,” Warrick Matthews, CPO at Rolls-Royce’s civil aerospace operations, told delegates at WPC in June.

Supply Chain Efficiency 195

Supply Chain Efficiency Procurement team Buyers Procurement 195

Jaggaer

NOVEMBER 14, 2024

This early involvement allows procurement to provide critical market and supplier intelligence, advising on component sourcing risks that could delay production. Early Supplier Involvement (ESI) has been shown to shorten development cycles and lead times while reducing development costs and risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Spend Matters

JANUARY 29, 2024

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters.

Supply Chain Efficiency 110

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 110