Procurement Templates

NOVEMBER 21, 2024

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. Consult Legal Teams: Collaborate with in-house legal experts to draft and review procurement contracts. SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Supply Chain Dive

OCTOBER 7, 2024

Discover how high-quality data powers the modern supply chain, enabling advanced technologies and fostering seamless collaboration.

Data 129

Data Supply chain Supply Quality 129

Procurement Leaders

JULY 1, 2024

Scope 3 data has emerged as an increasingly important topic within the Procurement Leaders community as supply chain sustainability has evolved from being a nice to have to a procurement imperative. Third, and most importantly, collaboration is critical. But, again, inaction is the enemy of progress here.

Collaboration 130

Collaboration Raw materials Agile and Lean Supply Chain Procurement team 130

Spend Matters

NOVEMBER 14, 2024

The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings. Technology — The enabler of SRM initiatives by improving communication and collaboration among all parties. Close behind is ‘Collaboration,’ scoring 52%.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Supply Chain Brain

JUNE 30, 2024

Discover how household appliances manufacturer Mabe is enabling better collaboration with its suppliers using a cloud-based business network for real-time data sharing and workflow management.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency Collaboration Supply chain 105

SCMDOJO

OCTOBER 30, 2024

These platforms can dynamically adjust the difficulty of tasks, provide targeted resources, and suggest personalized learning paths based on real-time performance data. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

JANUARY 31, 2023

By integrating the EIC’s functionalities in their procurement practices, organizations can dramatically accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Spend Matters

OCTOBER 30, 2024

Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.

Risk management 114

Risk management Risk Management Collaboration 114

Let's Talk Supply Chain

MARCH 2, 2025

By harnessing the‍ power of data-driven insights, organizations can navigate these challenging waters with precision and grace. Key Strategies for Navigating Tariff Turmoil: Utilize Data Analytics: Leverage advanced analytics tools to gain deep visibility into supply chain dynamics and identify potential areas of vulnerability.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Spend Matters

MARCH 25, 2025

How procurement can effectively manage stakeholders To drive digital transformation, procurement leaders must take a structured approach to identifying, engaging and collaborating with stakeholders. Building cross-functional collaboration Cross-functional collaboration is essential for successful procurement transformation.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

SCMDOJO

JANUARY 9, 2025

Key Benefits of Strategic Sourcing Building Long-Term Supplier Partnerships Strategic sourcing focuses on identifying and collaborating with suppliers who align with a companys long-term goals. According to Gartner, organizations that leverage data-driven procurement see a 20% improvement in decision accuracy.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Spend Matters

MARCH 27, 2025

In my experience, even the most advanced IT system cannot compensate for poorly defined processes and unreliable data. Clearly define master systems Secondly, she says, remember that data is the foundation of any digital project. So ask yourself: have you clearly defined the master systems for each data type?

Change management 117

Change management Data Import Project management 117

Procurement Leaders

NOVEMBER 18, 2024

Kaye Sumatra, CPO at Grab, views the application of AI in procurement through four broad lenses: content creation and ideation; data and documentation analysis; real-time market intelligence; and process automation. She then cross-fertilises with the various stages in the procurement process to seek out opportunity.

Innovation 130

Innovation Procurement Data Collaboration 130

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

Spend Matters

FEBRUARY 26, 2025

And in collaboration with NIGPs RMGPA chapter and Colorados OEDIT department, SOVRA will host The Small Business Showcase at the NIGP Forum in Denver to highlight small businesses looking to expand their presence in public procurement. Recent successes include: In 2024, 321 new government procurement teams were onboarded.

Procurement 116

Procurement Bidding Contract management Data 116

Spend Matters

MARCH 25, 2025

However, when it comes to procuring third-party software, data and professional services, AWS Marketplace is the dedicated platform designed to support businesses in building and running their digital infrastructure. 4,000+ data products available through AWS Data Exchange. More than 20,000 public listings across 70 categories.

Procurement solutions 96

Procurement solutions Procurement Purchase orders Data 96

Supply Chain Brain

OCTOBER 29, 2024

To navigate the uncertainty surrounding rate negotiations, shippers and carriers are rethinking how they approach their contracts.

Collaboration 98

Collaboration Data Negotiation Contract 98

Planergy

MARCH 10, 2025

Download Free Copy Education Data Management: Best Practices for Schools and Trusts Category Business Budgeting Written by Keith Murphy 20 min read Tags Big Data Business Intelligence (BI) Education Last edited March 10, 2025 Download PDF KEY TAKEAWAYS Data management ensures accuracy, compliance, and informed decision-making in education.

Data 52

Data Management Budget Real-time Visibility 52

Procurement Templates

DECEMBER 11, 2024

Having good relationships with our suppliers means that they are also willing to work with procurement collaboratively, after all a win win situation should benefit both parties. Stakeholder Management Objectives Engagement and Collaboration: Foster strong relationships with internal stakeholders (e.g., Wait, what about stakeholders?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

JANUARY 7, 2025

Ramps transaction data indicates a 24% rise in year-over-year software spend. A lack of stakeholder collaboration can result in a host of legal and security problems. An effective procurement process is highly visible and includes centralized discussions from key collaborators across Legal, IT and InfoSec. Dont play with fire.

Procurement 117

Procurement Purchasing Vendor relationships Suppliers 117

Procurement Insights

JANUARY 29, 2025

The key to success is human-agent collaboration , where AI handles data-heavy processes, and humans focus on strategic decision-making, supplier relationships, and ethical considerations. Conclusion: The Future of Procurement is Human + AI AI is not replacing procurement professionals its enhancing their capabilities.

Collaboration 52

Collaboration Ethics Suppliers Procurement 52

SCMDOJO

NOVEMBER 20, 2024

Quantitative Methods: The Quantitative forecasting method is engaged where there is access to historical data, and unlike the former, it is objective to the degree of the reality of the data. This method is adopted when there is no historical data. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Spend Matters

NOVEMBER 19, 2024

“Yes, we’ve seen a clear increase in demand for risk-related technology from our customers, driven by the growing complexity and volume of data they are required to manage. Today’s organizations expect risk technology to not only provide data but also enable quicker decision making and faster action that leads to measurable impact.

Risk management 110

Risk management Risk Management Real-time Visibility 110

ivalua

DECEMBER 16, 2022

Vision: Ivalua believes that digital transformation will make supply chains more efficient, sustainable and resilient, and unlock the power of supplier collaboration. Culture & Values: Customer-centric, Collaboration, Results-oriented, Care for and Grow people, and Integrity. 27, 2021 through Nov. About Ivalua.

Spend management 246

Spend management supply chain software solutions Collaboration Supply Chain Efficiency 246

Spend Matters

OCTOBER 31, 2024

Because True ValueHub is collaborative in a way most costing solutions are not, the solution can support discussions and negotiations between buyers and suppliers based on facts, which is a condition for capturing more value for both sides. As mentioned above, it has distinct capabilities (e.g.,

Buyers 114

Buyers Raw materials Networking Suppliers 114

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Implement cloud-based platforms for seamless data sharing. Real-time sales data and customer insights provide businesses with an opportunity to adjust production schedules and restock inventories only when necessary.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

Spend Matters

OCTOBER 30, 2024

Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.

Risk management 109

Risk management Risk Management Collaboration 109

Procurement Insights

FEBRUARY 21, 2025

Decentralized & AI-Driven: Uses AI, blockchain, and data-sharing to make procurement decisions autonomous and real-time across the supply chain. Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one. You already use multiple procurement systems (e.g.,

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Spend Matters

NOVEMBER 7, 2024

Halo Ai uses AI models to connect, correlate and contextualize real-time data points to bring customers the full risk story. Even though it is a young company, through partnerships, it has financial and cyber data on millions of companies already in its system. Other key capabilities are on the roadmap but not yet live.

Risk management 111

Risk management Risk Suppliers Supply chain 111

Spend Matters

MARCH 6, 2025

It combines AI-powered features with user-friendly design to deliver actionable insights, streamline workflows and foster collaboration through a responsible and ethical use of data. Here’s how: Unified access to data: Raindrop aggregates information from various sources, providing decision makers with a single source of truth.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

ivalua

MAY 31, 2022

Supplier data can give your procurement team valuable information to make future cost and time-saving decisions. This crucial data will give your team the tools to enact effective collaboration on critical issues–such as risk mitigation, performance improvement, corrective actions and innovation programs.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Procurement Tactics

MAY 8, 2023

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a set of practices in which supply chain partners plan essential supply chain activities to meet customer demand while also lowering their costs. The collaboration in CPFR usually includes business planning, forecasting , and replenishment of raw materials and finished products.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Spend Matters

OCTOBER 31, 2024

They can invite the suppliers and internal stakeholders to collaborate on the identified opportunities in real time. The solution is self-learning and calibrates to the customer’s supply chain needs.” What is the road ahead for True ValueHub? “We

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120