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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Spend Matters

AUGUST 8, 2023

The recent Deloitte Global Chief Procurement Officer Survey tells us, “CPOs have definitively indicated that risk is here to stay, as evidenced by the greater than 70% in our survey who indicated that procurement-related risk/supply chain disruption has increased in the past 12 months on top of an already elevated baseline.”

Risk management 98

Risk management Risk Management supply chain budgeting 98

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

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supply chains play a major role in keeping schools running smoothly.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Procurement Leaders

APRIL 6, 2023

That said, the biggest challenge remains going deep into your supply chain. UCB’s changing supply chain We have a categorisation beyond whether a supplier is strategic or not. Sometimes we say there is no alternative available, while it might be that the alternative is simply not the most cost-efficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 130

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. While it may seem straightforward, many issues can arise, some of them entirely unseen if the process isnt carefully managed.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Transparency, or ability to scale data, across an organization. Risk & Performance Management.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

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. The integration of the riskmethods application is a work in progress. GHG, human rights and PFAS). GHG, human rights and PFAS).

Supply Chain Efficiency 110

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 110

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Procurement Tactics

JUNE 28, 2023

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Insights

FEBRUARY 14, 2025

In other words, your organization gains control of its spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines. Supply chain risk management is proactive and data-driven. This is the cornerstone of agent-based modeling.

Networking 59

Networking Import Procurement Buyers 59

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Category Management Category management refers to the focused management of individual aspects of your procurement process.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures. Risk Mitigation 5060% 8085% Agents predict disruptions (e.g.,

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

Procurement Insights

DECEMBER 6, 2024

NOTE: The “ Green Giant ” can story and The Four Cornerstones for Leveraging Cost Transparency model resonated most with me. ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations.

Supply Chain Efficiency 52

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

Procurement Heads

JANUARY 4, 2023

As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services. I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. We need cost efficiency internally and cost-effectiveness with our suppliers externally.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

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

Procurement Leaders

JANUARY 27, 2023

“Two years ago, driven by component shortages we had to start looking all the way down the supply chain – we go as deep as Tier-7 now – so we understand where to pinpoint risk. .” Like most organisations, Inmarsat follows the money to help segment the supply base.

Risk 162

Risk Supply Chain Efficiency Management Supply chain 162

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Gain control of your supplier data.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. 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.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

Jaggaer

FEBRUARY 20, 2025

Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing. the public sector).

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

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

Jaggaer

MARCH 20, 2025

In such an unpredictable environment, procurement leaders are advised to take a risk-management approach, focusing on cost efficiency, contract flexibility, and strategic supplier relationships to ensure institutional resilience. These could be amended, scrapped or introduced by current and future administrations.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Jaggaer

MARCH 19, 2025

Procurement today has three overarching objectives: to maximize profitability, minimize risk, and optimize sustainability. The second has become more pronounced in recent years, notably with the Covid pandemic and supply chain disruptions. The first of these has always been with us. We want to reduce costs.

Contract management 52

Contract management supply chain budgeting Sustainability Influencing 52

Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Procurement Software

MARCH 11, 2022

Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

ivalua

NOVEMBER 5, 2015

If something goes wrong with this supplier and you can’t find an alternative supplier quickly, you have a weak spot in your supply chain. Throwing drawings over the fence when it is time to quote means your design is locked down and gives buyers little negotiation power for sourcing alternatives. .

Suppliers 100

Suppliers Management Supply Chain Efficiency Sourcing 100

Spend Matters

OCTOBER 19, 2023

It currently supports buyers (suppliers are on the roadmap) and can be integrated into procurement and accounts payable IT solutions. Its goal is to make a supply chain more competitive by optimizing payment terms between buyer organizations and their suppliers (which it does primarily through AI).

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Procurement team Buyers 111

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. Enterprise Buyer Friction Some procurement teams view DPW as too startup-centric or “innovation for innovations sake.” Positive Aspects of DPW 1.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

SCMDOJO

APRIL 26, 2023

It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Use appropriate technology to manage the categories. The use of a digitized system is very critical to managing a category management strategy.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Tobias Bohnhoff, Founder of Shipzero is my first guest.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

Let's Talk Supply Chain

NOVEMBER 1, 2023

So, today in episode three, we are continuing that exploration by asking a big question: How should we approach and manage these risks, not just within the compliance landscape, but across every stage of the supply chain? You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?”

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Zycus Cognitive Procurement

FEBRUARY 2, 2021

Supplier Risk Management. Enterprises are actively reviewing their supply chain strategy according to the highest importance following the unprecedented disruption caused by the Covid 19 pandemic’s unprecedented disruption. IoT is the current mainstream technology option for risk assessment. The RoI of AI.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52