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

Spend Matters

JANUARY 5, 2024

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. We have also seen a need for change in category management, which was also ranked among the top drivers of digital transformation in procurement.

Procurement 114

Procurement Supply Chain Efficiency Category management e2e 114

Spend Matters

OCTOBER 24, 2024

These start-ups are taking technology further than most to address problems not previously solved, or are introducing a new category of automation that tackles new challenges in interesting ways. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

e2e 119

e2e Data interpretation Buyers Data 119

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Supply Chain Game Changer

JULY 16, 2019

Supplier Relationships – Don’t go over to the Dark Side! Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. There were Executives from dozens of Suppliers in attendance. That’s it.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

Spend Matters

OCTOBER 26, 2023

See the Lists The Future 5 start-ups are taking technology further to address problems not previously solved, or are introducing a new category of automation that tackles new challenges in interesting ways. So we are delighted to introduce you to our Future 5 as we capture their voices. Today please get to know akirolabs.

e2e 114

e2e Strategy Procurement team Procurement strategies 114

Procurement Heads

JUNE 22, 2022

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. That is why I badge it as the output as it is not one size fits all, it will always be what is right for that aim, that goal, that supplier or that service.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Zycus Cognitive Procurement

DECEMBER 10, 2021

The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. Furthermore, S2P automation helps in building a flexible yet diversified supplier base.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Claritum

OCTOBER 12, 2018

The Category Manager needs to become more integrated into key business processes and more consultative in nature. For example in the Retail Sector, The Category Manager is moving to be an “In-store expert” in the visual merchandising, pricing, management, and sales of a certain group or type of products and not just a buyer.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Supply Chain Game Changer

MARCH 28, 2020

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. And invariably they think of Procurement as the group to go to in order to squeeze more costs out of suppliers over and over again.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Procurement Software

MAY 14, 2024

By embracing a strategic approach to procurement, you can streamline operations, mitigate risks, and foster stronger supplier relationships. With process orchestration software, you now have advanced tools for automating and managing complex end-to-end procedures across multiple departments.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Procurement Software

JULY 4, 2023

It can help organisations reduce costs, optimise supplier relationships and increase compliance. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

Supply Chain Efficiency 52

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

World of Procurement blog

MAY 10, 2024

Conducting market research : AI can scan the web to collect pricing information, identify potential suppliers, assess supplier reputations, and keep up-to-date with market and industry trends. Enhancing contract management : Natural language processing enables AI to extract key data from contracts.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Claritum

NOVEMBER 16, 2018

Focus Procurement on supplier optimisation. Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.). The following diagram shows the relationships that should exist between suppliers, users and Category Managers.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Procurement Software

JULY 25, 2023

Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. Not a Category Manager you’re going to reward with a “development opportunity”. It doesn’t start with the RFI and finish at the end of the hyper care period.

Procurement 52

Procurement Budget Data e2e 52

Claritum

AUGUST 4, 2020

are adhered to and that there is appropriate supplier selection. strategic suppliers, approved suppliers and competitive bids for. The following diagram shows the relationships that should exist between suppliers, users and Category Managers. Securing competitive suppliers for Indirect Spend categories.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41