Spend Matters

FEBRUARY 13, 2025

This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective. The most significant impact of implementing a spend analytics solution was providing the visibility and details behind the dollars spent on various Indirect spend categories.

Influencing 64

Influencing Procurement supply chain budgeting Strategic sourcing 64

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Stakeholder Engagement – Present your supplier portfolio to stakeholders (decision-makers and influencers) from the relevant business functions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan. Gather diverse insights, understand needs and manage expectations. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65