ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

Suppliers 246

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

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 Brain

DECEMBER 25, 2024

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

Collaboration 115

Collaboration Suppliers Supply Chain Optimization Management 115

Supply Chain Brain

NOVEMBER 19, 2024

Procurement professionals must rise to the ESG challenge by leveraging supplier collaboration to ensure compliance and best practices in the extended supply chain.

Collaboration 115

Collaboration Suppliers Strategy Supply chain 115

ivalua

JULY 12, 2021

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. The growth of supplier diversity initiatives in these regions (and others) provides unique opportunities and challenges for multinational corporations.

Suppliers 246

Suppliers Ethics Supply Chain Efficiency Sourcing 246

Spend Matters

JANUARY 21, 2025

These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. The surprising truth behind a 3% fee Imagine youre a supplier juggling tight margins, long payment cycles, and increasing operational demands. What may seem like a burden is, in fact, a savvy investment.

Suppliers 106

Suppliers Vendor relationships Price Purchasing 106

Procurement Tactics

JANUARY 2, 2023

Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is. Supplier Integration: What is it? Tell your suppliers early.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Positive Purchasing

JANUARY 20, 2025

These changes have reshaped how procurement professionals collaborate and execute their tasks. In this new era, collaboration in procurement has become critical for achieving efficiency and innovation. She highlights the importance of collaboration in today’s hybrid work environment.

Collaboration 52

Collaboration Procurement Procurement team Innovation 52

ivalua

JANUARY 13, 2023

For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements. Supplier Diversity on the World Stage.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

NOVEMBER 4, 2024

By providing a unique supplier portal that integrates data from various ERP systems, IDAS helps manufacturers maintain on-time delivery rates, ensuring operational efficiency and stability in complex supply chains. It leverages data to provide customers with insights to ensure supply continuity.

Supply Chain Efficiency 113

Supply Chain Efficiency Management Supply chain Buyers 113

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.

Agile and Lean Supply Chain 130

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

Procurement Tactics

APRIL 18, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process.

Sustainability 196

Sustainability Suppliers Procurement Ethics 196

Procurement Tactics

APRIL 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Identifying Suppliers — Embracing Sustainability Identifying suppliers is crucial as they supply all the needs of every business to continue its daily operation. What are Sustainable Suppliers?

Sustainability 182

Sustainability Suppliers Supply Chain Efficiency Procurement strategies 182

Procurement Freelancers

DECEMBER 23, 2024

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

Purchasing 98

Purchasing Collaboration Suppliers Supply chain 98

Jaggaer

FEBRUARY 27, 2025

Nobody wants to change their technology platform after two or three years so bear in mind this is a long-term collaboration, Andrea adds. Work closely with suppliers While her experience at Franke has been highly positive, Andrea comments: I cannot emphasize strongly enough that supplier collaboration is essential.

Collaboration 52

Collaboration Procurement Change management Project management 52

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Spend Matters

OCTOBER 31, 2024

A network approach where suppliers maintain rich information on their cost structures (SG&A, machine rates, etc.) Instead of using RFXs, buyers and suppliers could benefit from the cost modeling and calculation capabilities to define and optimize prices of parts and products. to provide deep and accurate insights and auto-costing.

Buyers 114

Buyers Raw materials Networking Suppliers 114

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 91

Stakeholder engagement Management Procurement Influencing 91

SCMDOJO

OCTOBER 28, 2024

Sales & Operations Planning (S&OP) is an established industry process that aims at finding a balance between demand and supply and streamlining cross-functional collaboration. By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Leaders

JULY 1, 2024

Yet preliminary findings from our ESG glide path research ( participate in the survey ) indicate that more than one-quarter of procurement teams do not currently collect upstream emissions data about their suppliers and, of those that do, only half use primary data obtained from suppliers directly.

Collaboration 130

Collaboration Raw materials Agile and Lean Supply Chain Procurement team 130

Planergy

MARCH 19, 2025

How AP can improve relationships with your key suppliers. Effective supplier management is essential for educational institutions. Managing these suppliers isnt just about making purchases; it ensures smooth operations, cost savings, and quality education. What is Supplier Management?

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Spend Matters

OCTOBER 30, 2024

As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). 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

Spend Matters

OCTOBER 31, 2024

Today please get to know True ValueHub From our recent analyst-written Vendor Analysis : Here’s why True ValueHub matters: To the market — True ValueHub offers deep parts analysis (price/cost-focused) for direct materials using AI and deep supplier insights. What is the road ahead for True ValueHub? “We

Real-time Visibility 120

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

Spend Matters

JANUARY 7, 2025

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. Think of all suppliers as partners integral to operational efficiency.

Procurement 117

Procurement Purchasing Vendor relationships Suppliers 117

Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Moreover, Toyota, in particular, had set up ingenious systems for collaborative product development by delegating tasks to its closely connected suppliers – its supplier keiretsu.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Spend Matters

NOVEMBER 11, 2024

Here’s why we think Vroozi matters: To the market: Vroozi offers a comprehensive P2P solution, including e-procurement, invoice automation and supplier collaboration. In Part 2, we explore the solution’s strengths and opportunities, review the competitive landscape, offer user considerations and provide an analyst summary.

Procurement 117

Procurement Buyers Collaboration Demand 117

Procurement Leaders

OCTOBER 7, 2024

Challenge Pharmaceutical company Gilead has a well-established supplier emissions-reduction programme and science-based targets, but aims to increase its use of primary data – especially among suppliers it considers most critically important.

Suppliers 130

Suppliers Supplier relationship management Import Collaboration 130

Let's Talk Supply Chain

MARCH 24, 2025

In a whirlwind of market turbulence, teh auto supply chain is grappling with the aftermath of a tariff blitz that‍ has sent shockwaves through component suppliers worldwide. In response to the tariff pressures,component suppliers are fighting back with innovative strategies to mitigate the financial strain.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 40

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. AI is the game-changer that allows procurement professionals to escape the cycle of transactional work and focus on what really moves the needle: strategic sourcing, supplier collaboration, and advanced analytics.

Supply Chain Efficiency 99

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 99

ivalua

JANUARY 31, 2023

This puts the Procurement function in a central role towards establishing a transparent emissions baseline using reliable data and collaborating with suppliers on carbon savings plans to meet reduction targets and for reporting and risk assessment. They can use these models to focus on high-emitting categories and products.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. By establishing relationships with multiple suppliers across different regions, companies can reduce dependency on a single provider.

Project management 91

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

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Collaboration is at its peak when forecasting is robust and solid industry relationships guarantee growth. Supplier Relationships Weak supplier relationships can lead to supply chain disruptions and excess inventory.

Inventory 98

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

Let's Talk Supply Chain

MARCH 2, 2025

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Spend Matters

NOVEMBER 7, 2024

Halo Ai builds its supplier risk profiles via third-party data providers and web-sweeping techniques; it does not allow for supplier self-reporting without using external sources for validation. For example, there is no supplier portal for advanced collaboration, and custom KPIs or reports are not yet available.

Risk management 111

Risk management Risk Suppliers Supply chain 111

Procurement Insights

MARCH 18, 2025

Too many organizations are treating collaboration and innovation as separate efforts. But real breakthroughs come when the two work hand in hand – It will be won by companies that build highly collaborative relationships to unlock the full potential of their partners, suppliers, and employees.

Collaboration 40

Collaboration Innovation Supply chain Suppliers 40