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 81

Supply Chain Efficiency Supply chain resilience Risk management Supply chain 81

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Best-in-Class Beats Single-Stack.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Spend Matters

FEBRUARY 12, 2024

To potential buyers — SRS focuses on increasing supply chain resilience in the healthcare and semiconductor industries for buying organizations eager to rely on a network effect and ready to invest in increasing resilience of their most critical direct suppliers.

Risk management 96

Risk management Risk Suppliers Management 96

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Regular collaboration between buyers and suppliers helps align their goals and strategies, making sure that every interaction benefits both parties.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. P&G’s value-sharing model.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Spend Matters

JANUARY 7, 2025

With these legislations being transposed into national laws as we head into 2025, the need to invest in procuretech that will enable efficient compliance but also ensure supply chain resilience will only grow beyond that. Many thanks to Prewave for sharing this insight with us.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 90

Arkestro

DECEMBER 26, 2024

In a nutshell, e-procurement involves buying and selling supplies, equipment, and services over the Internet. It streamlines the entire procurement process by centralizing and automating interactions between buyers and sellers. E-procurement uses networked systems and web interfaces for supply chain operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Arkestro

APRIL 2, 2024

The fluctuating economic landscape has forced many procurement departments to reassess and diversify their sourcing strategies to maintain supply chain resilience. While the hurdles appear formidable, this report outlines what well-prepared procurement teams stand to benefit in this environment. After years of focusing on cost.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Buyers 52

Spend Matters

OCTOBER 24, 2023

Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement. Onventis Buyer represents a powerful solution that streamlines and automates the entire procurement journey, from the initial sourcing to the final payment to spend analysis.

Procurement solutions 89

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 89

IBM Supply Chain Blog

SEPTEMBER 18, 2023

From a buyer’s perspective, it can drive significant improvement in working capital, superior supplier performance and accelerated ESG initiatives. Additionally, artificial intelligence (AI) plays an important role.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

Procurement Insights

NOVEMBER 18, 2024

Focus on large-scale transformations, strategic frameworks, and cutting-edge technologies like AI and supply chain resilience. Kelly Barner (Buyers Meeting Point) Strengths : Accessible and pragmatic advice for procurement professionals. McKinsey Strengths : Deep industry research and data-driven insights.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

HICX

MAY 12, 2023

He gives an example in the area of supply chain resilience. Buyers, he says, are spending a lot of time trying to get materials to their factories. They need to be handled as holistic supply chain resilience digital transformation issues, he advises.

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Procurement Insights

JANUARY 16, 2024

I have been negotiating as either a buyer or a seller for most of my life. Like supply chain resiliency, negotiations must also have a certain fluidity to address the volatility we have experienced over the past few years. If you are balking at the idea that a negotiated contract is final, consider the following.

Negotiation 52

Negotiation Supply chain resilience Contract Influencing 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

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

Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 56

Procurement solutions Procurement Chief Procurement Officer Procurement team 56

Supply Chain Game Changer

APRIL 15, 2020

One of the best ways to support supply chain resilience is to ensure that you’re preemptive. Looking to be a part of the conversation on LinkedIn? Adopting solutions that enhance risk management, transparency, visibility & compliance is more important now than ever before. That means you need to know your supplier.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Jaggaer

JUNE 28, 2024

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

IBM Supply Chain Blog

MAY 17, 2024

Over 90% of business buyers say a company’s customer experience is as important as what it sells. To avoid this, it’s crucial for businesses to carefully plan and design intelligent automation initiatives that prioritize the needs and preferences of their customers, whether they are consumers or B2B buyers.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Spend Matters

OCTOBER 3, 2024

They come primarily from a cyber perspective, from an anti-bribery and corruption (ABAC) perspective, from an ESG and a supply chain resiliency perspective and, of course, data privacy. So you have to consider the role of your buyer and the problem they want to solve.

Risk 87

Risk Risk management Supply Chain Efficiency supply chain software solutions 87

Arkestro

NOVEMBER 7, 2023

Studies show that companies with an automated procurement negotiation process consistently save money, improve their supply chain resilience, and increase buyer productivity. If CPOs want to prove their value beyond cost-savings, they need the right tools to give them the insights to get there.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. The relationship between buyers and suppliers remains at the forefront of the procurement process. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Buyer/Purchasing Agent - Executes purchase orders and transactions. Risk Management : With global supply chain disruptions, procurement is prioritizing supplier risk assessment and mitigation.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

EazyStock

APRIL 18, 2023

Understand the resilience of your supply chain Supply chain resilience means managing day-to-day risk and having systems and processes to adapt to disruption in the supply chain. You might want to consider non-traditional sources of capital, such as supply chain finance solutions.

Supply Chain Optimization 52

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

Empowering CPO

JUNE 14, 2023

They can also create adversarial relationships between buyers and suppliers, as they often involve tough negotiations and a focus on short-term gains rather than long-term collaboration. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Spend Matters

MARCH 18, 2024

However, third party risk management should be implemented in every procurement department, as regulations and the uncertainties of the post-pandemic era are making these issues around compliance, data security, supply chain resilience and business continuity increasingly important. This content is for members only.

Risk management 100

Risk management Risk Supply chain resilience Management 100

Supply Chain Game Changer

MAY 5, 2021

Top consulting firms are taking notice too, in their own advice to corporate leaders: Bain , Deloitte , McKinsie , and Baker McKenzie , and others have released white papers in recent days on the importance of Supply Chain resiliency and risk mitigation in this new era. appeared first on Supply Chain Game Changer™.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

Arkestro

OCTOBER 3, 2024

They include safety equipment, office supplies, cleaning, IT, rental cars, and others. Rather than making up a strategic or critical component of the final product’s performance (the car itself), these materials are often sourced by plant operations and buyers on a case-by-case basis as needed.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52