Procurement Tactics

JUNE 22, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. 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. What is a Purchase Order?

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Purchase orders Purchasing Quantity Buyers 191

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 111

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

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Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Let's Talk Supply Chain

AUGUST 7, 2022

Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I

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supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

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.

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Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Spend Matters

APRIL 24, 2024

New regulations are frequently being introduced, especially regarding sustainability. For example, in March 2024, the EU Member States approved the updated text of the Corporate Sustainability Due Diligence Directive (CSDDD). However, the European Parliament still has to vote on it. This content is for members only.

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supply chain software solutions Sustainability Supply chain Buyers 117

Jaggaer

FEBRUARY 5, 2025

Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. Furthermore, eSourcing software can help review the contract terms and conditions against a predefined checklist to ensure there are no red flags, like missing clauses, discrepancies, or unfavorable terms.

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Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Tactics

JULY 2, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. There are various tools and software that provide a template to create a job order document. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

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supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Insights

MARCH 6, 2025

carbon management software like Provider Xs space), their relative strengths, and market trends. Why Its Good: For industries like procurement or sustainability tech, where Provider X operates, being in the Leaders quadrant signals reliability and market dominance. Companies often use it to de-risk vendor selectione.g.,

Sourcing 52

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

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.

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Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 111

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Spend Matters

AUGUST 16, 2022

Part 2 examines the solution strengths/weaknesses, provides a detailed overview of each module and an analyst summary. To do so, the company provides services (consulting and training) and a software solution, SupplierBase, that supports the methodology and philosophy of State of Flux. Read more. ).

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Market analysis supply chain software solutions Raw materials Supply Chain Efficiency 97

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

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Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Here are 5 Key Advantages from using Supplier Relationship Management Software.

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Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

FEBRUARY 14, 2023

If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software? Or, more specifically, what type of cost model does the procurement software provider use for their pricing?

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supply chain software solutions Procurement Price Sourcing 72

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. For a more in-depth understanding of Rod Sherkin’s insights on supply chain management and procurement, you can watch his interview on Supply Chain Now.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 28, 2023

The way a Futures Contract works is that the seller should sell or the buyer should purchase the underlying commodity at the agreed price, at the contract’s expiration date, regardless of its current price at the time of the expiration 2. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

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Raw materials Supply Chain Efficiency Price Market analysis 178

ivalua

AUGUST 21, 2022

This can take the form of workshops, training, technical advice, provision of tools (software, calculation files, etc.), C Supply Chain Leaders” and digital platforms such as “CDP Supply Chain”, for example, are proving helpful in reducing supplier overwhelm and advancing efforts to achieve emission targets (see box on the right).

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supply chain software solutions Supply Chain Optimization Suppliers Supply Chain Efficiency 130

Procurement Software

MARCH 16, 2025

These small but impactful changes set the stage for sustained cost savings and strategic decision-making. Three-way communication between Buyers, Stakeholders and Suppliers avoids the need for unnecessary emails. The post 10 Digital Procurement Quick Wins appeared first on Procurement Software.

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Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 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

FEBRUARY 20, 2025

Best-in-class organizations achieve excellent insight into their spending trends to act on inefficiencies and capture savings opportunities while ensuring compliance with internal, national, international regulations and minimizing the risks of supply chain disruptions. Historically this has involved a lot of manual effort.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. By using blockchain in procurement, businesses can improve transparency, trust, and efficiency across their supply chains, ensuring smoother and more reliable operations.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

SCMDOJO

APRIL 26, 2023

Category Management Software What is Category Management in Procurement? Using category management software is ideal as it creates visibility and efficient management. Sustainable/ethical procurement. Category management strategy must be based on sustainable procurement and ethics.

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Category management Management Supplier relationship management supply chain software solutions 108

Jaggaer

SEPTEMBER 22, 2024

Balancing Cost, Resiliency, and Sustainability in Procurement: Insights from Georg Roesch Procurement professionals across industries and markets are struggling to keep their supply chains agile in a world of constant disruptions. Explore the evolving role of software, AI, and data, and how they can support your ESG goals.

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Sustainability Procurement supply chain software solutions Agile and Lean Supply Chain 52

Strategic Sourceror

MAY 12, 2022

With manufacturers responsible for approximately 11% of the United States' gross domestic product and employing nearly 8% of the nation's workforce, many of the supply chain problems the country is encountering have fallen squarely on the industry's broad shoulders. Expansive though they may be, manufacturers are feeling the pressure.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Supply chain Strategy 52

The Procuretech Podcast

OCTOBER 16, 2022

Kelly Barner, founder of Buyers Meeting Point and partner at Art of Procurement, a very warm welcome to the show! The View on Tech from Both Sides - Kelly Barner from Buyers Meeting Point. How did she make the journey from software consultant to content creator, and beyond? Check out Buyers Meeting Point. Stay in touch.

Buyers 40

Buyers supply chain software solutions Category management Influencing 40

Let's Talk Supply Chain

AUGUST 12, 2024

Today I’m joined by innovative software brand, Altana. With a vision of global commerce rebuilt around collaborative, resilient, secure, and sustainable value chains, they’re on a mission to fix globalization. We need to create a ‘Google Maps’ of the world’s supply chain. 52.14] The future for Altana. “An

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

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Ready to revolutionize your S2P process? Let’s get started below!

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Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

JANUARY 22, 2024

Now, advancements in hardware and software as well as increased focus on sustainability are driving rapid transformation. Envision the data center of tomorrow Data centers will continue transitioning from the monolithic configurations from yesteryear to become agile, high-powered, AI-driven, sustainable ecosystems distributed globally.

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Data Sustainability Innovation Buyers 100

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! As everyone in Supply Chain Management knows today, the field has come a long way. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

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Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

Spend Matters

AUGUST 3, 2022

eFlow, its S2C solution, is the cornerstone of that value proposition as it embeds a wealth of general and contextualized content and knowledge delivered and maintained by Efficio’s experts. Provide underlying data governance and platform integration to securely orchestrate this broader ecosystem without “application anarchy” and “shadow IT”.

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Sourcing Spend management Procurement supply chain software solutions 103

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.)

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Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Jaggaer

NOVEMBER 12, 2019

Most software vendors have taken an applications-driven approach to delivering solutions. This has brought benefits but not sustainable value , especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. Download it here now.

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Collaboration Suppliers Data supply chain software solutions 78

Procurement Insights

FEBRUARY 24, 2025

There is more to e-procurement than software! AN INTERESTING CONVERSATION Over the coming weeks, I will investigate a solution provider that offers a unique solution for tracking and influencing Scope 3 Emissions in extended supply chains. Automation alone is not enough.

Influencing 52

Influencing Procurement Suppliers supply chain software solutions 52

Let's Talk Supply Chain

MAY 14, 2023

Today I’m joined by Flexport , an exciting and innovative software brand that is on a mission to make global trade easy for everyone. Flexport is building the platform for global logistics, empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. 41.15] The future for Flexport. “We

e2e 59

e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

Spend Matters

NOVEMBER 2, 2023

CO2 estimates from SAP’s Sustainability Footprint Management solution), partner data (e.g., Finally, we would still like to see a common knowledge graph ‘backplane’ to model n-tier supply chains that ties the various networks (and applications) together better. EcoVadis), the SAP Business Network and/or GenAI.

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Networking Spend management Suppliers Supply Chain Optimization 114