Procurement Tactics

MARCH 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Source-to-Contract — The Ultimate Guide Source-to-contract is an important process in procurement. If you want to know about source-to-contract, then this is for you! What is Source-to-Contract?

Contract 156

Contract Sourcing Purchase orders Bidding 156

Spend Matters

OCTOBER 30, 2024

So for the buyer, that means they must engage in contingency planning up-front and keep close communications with suppliers to make sure the information about the event is received as early as possible so that they can respond as early as possible to pre-empt as much damage as they can.

Risk 109

Risk Buyers Suppliers Supply chain 109

The Thomas Blog

AUGUST 24, 2022

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. The buyer realizes a need. The buyer evaluates potential suppliers.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Spend Matters

OCTOBER 28, 2024

In this Spend Matters Vendor Analysis we provide an overview of Onventis and its solution for source-to-pay (S2P). Source-to-pay solutions allow organizations to streamline how they manage their procurement lifecycle from start to finish. Onventis provides the above but it’s also important to note two other things about Onventis.

Market analysis 107

Market analysis Contract management Sourcing Buyers 107

Spend Matters

JANUARY 8, 2025

This Spend Matters Vendor Analysis provides an overview of Zip and its solution for intake, orchestration and source to pay (S2P). As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources.

Market analysis 111

Market analysis Procurement team Sourcing Buyers 111

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Sourcing 130

Sourcing Ethics Sustainability Buyers 130

ivalua

NOVEMBER 29, 2021

Data comes from multiple sources, such as purchasing/payment systems, purchasing card data, travel and expense systems, and often multiple ERP systems. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions. How to analyze your Tail Spend: Understanding spend data. We’re here to help.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Spend Matters

NOVEMBER 25, 2024

Overall, spend analytics plays a vital role in helping procurement teams drive strategic sourcing initiatives, enhance supplier relationships and ultimately contribute to the organization’s bottom line.

Procurement team 117

Procurement team Market analysis Strategic sourcing Strategic sourcing 117

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Tactics

JULY 20, 2022

China Sourcing — The Ultimate Guide of 2022. China sourcing is popular with many professionals in the field of procurement. For this article, we will discuss what China Sourcing is. We will check how sourcing in China can be best for businesses. Also, we will share some tips when sourcing goods or services in China.

Sourcing 130

Sourcing Quality Price Suppliers 130

Spend Matters

FEBRUARY 3, 2025

Circulor has developed a platform that tracks materials from their source to the final product, allowing manufacturers to comply with such regulations and demonstrate responsible sourcing. conflict minerals) and existing and upcoming laws that hold companies responsible for the impact of their products.

Supply Chain Efficiency 114

Supply Chain Efficiency Raw materials Buyers Supply chain 114

Procurement Insights

MARCH 6, 2025

To better understand the pros and cons of a GenerativeAI Gartner Magic Quadrant Mock-up, you must first understand the pros and cons of the original source, e.g., quantifying how far the AI apple actually falls from its tree or original source. 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

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. By dispensing with detailed pricing and specification criteria, an RFS gives suppliers the freedom to propose innovative solutions to the buying organisation’s strategic challenges.

Innovation 130

Innovation Sourcing Buyers Suppliers 130

Procurement Heads

JULY 14, 2022

Kaleida, which was founded by Jason Roberts in 2019, connects buyers to diverse suppliers and helps procurement functions achieve their Environmental, Social and Governance (ESG) goals while alerting supplier companies to new revenue opportunities. Kaleida’s fully inclusive platform is a golden source of data.

Procurement 246

Procurement Leadership Buyers Suppliers 246

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

MARCH 11, 2024

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. The post VORTAL: Vendor Analysis — e-Sourcing and e-Procurement solution overview, roadmap, customer feedback, competitors, user considerations, analyst summary appeared first on Spend Matters.

Procurement solutions 117

Procurement solutions Sourcing Procurement Market analysis 117

Spend Matters

DECEMBER 23, 2024

Customers want to quickly adjust sourcing strategies and build agility into their supply chains. 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

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

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

Spend Matters

FEBRUARY 26, 2024

This is the first in a three-part series that covers Fairmarkit’s sourcing offerings. Part of the ‘tail spend challenge’ relates how much effort it can take to understand it, acquire sufficient visibility and ‘data quality’ and address it with SxM and sourcing solutions. This content is for members only.

Market analysis 120

Market analysis Sourcing Spend management Purchasing 120

Procurement Insights

FEBRUARY 8, 2024

” – Steven Williams, Frito-Lay and Quaker CEO I shared the following comment in a post by Steven Williams , who started his career many years ago as a buyer and is today Frito-Lay and Quaker’s ( PepsiCo ) CEO. Being transparent and authentic about what I’m doing and then doing what I say I’m going to do.”

Buyers 87

Buyers Leadership Negotiation Sourcing 87

Spend Matters

MARCH 12, 2025

And one way to do that is to rethink where organizations source from. To potential buyers Organizations are always looking for new sources and the resilience/agility agenda that has put discovery on the top of critical procurement capabilities.

Suppliers 76

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 76

Spend Matters

NOVEMBER 1, 2023

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. To potential buyers — CobbleStone is a user-friendly solution that also includes more advanced, AI-enabled features to compete against best-of-breed providers.

Procurement solutions 116

Procurement solutions Contract Sourcing Procurement 116

Spend Matters

NOVEMBER 29, 2023

The platform has built-in functionalities for supplier management, direct material sourcing and procurement, supplier onboarding, supplier quality and supplier performance management. Supplios is a supplier collaboration platform built specifically to help manufacturers work with their direct-material suppliers.

Suppliers 116

Suppliers Sourcing Management Collaboration 116

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at sourcing optimization. What does a Sourcing Optimization solution do? Why buy a Sourcing Optimization solution Intended to yield optimal sourcing decisions in large/complex sourcing events (i.e.,

Sourcing 98

Sourcing Bidding Price Suppliers 98

Spend Matters

MARCH 25, 2025

Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. 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

JANUARY 9, 2023

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO In this Spend Matters PRO Vendor Analysis we give an overview of Jiga, a direct materials sourcing solution that specializes in centralizing and automating the sourcing activities of manufacturing-related spend. .

Sourcing 97

Sourcing Collaboration Buyers Suppliers 97

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcing solution do? Sourcing solutions offer supporting content and services for managing market approaches (including category strategy), execution (e.g., RFx management and e-auctions) and portfolio/performance management.

Sourcing 98

Sourcing Bidding Price Suppliers 98

Spend Matters

JUNE 19, 2023

In this article, our analysts Xavier Olivera, Bertrand Maltaverne and Nikhil Gaur look at source-to-contract (S2C) solutions. What does a Source-to-Contract solution do? Top 4 Source-to-Contract tech modules What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 98

Contract Sourcing Suppliers Quality 98

Spend Matters

JUNE 19, 2023

In this article, our analysts Xavier Olivera, Bertrand Maltaverne and Nikhil Gaur look at source-to-pay (S2P) solutions. What does a Source-to-Pay solution do? Click to enlarge Contract lifecycle management (CLM) acts as the intermediary between upstream source-to-contract and downstream P2P processes.

Sourcing 98

Sourcing Contract Suppliers Quality 98

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Spend Matters

DECEMBER 17, 2024

For those who do not have robust strategic sourcing to start with, the process efficiency, particularly for order-to-invoice to get the right price, will resonate most (i.e.: Consult TechMatch our tech selection tool that helps procurement and finance technology buyers quickly explore the market and identify best-fit solutions.

Procurement 107

Procurement Change management Strategic sourcing Strategic sourcing 107

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 98

Sourcing Bidding Price Suppliers 98

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

Spend Matters

FEBRUARY 22, 2023

Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials.

Sourcing 98

Sourcing Supply Chain Optimization Procurement strategies Supply chain 98

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 98

e2e Sourcing Real-time Visibility Contract 98