SCMDOJO

FEBRUARY 5, 2025

MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. The interactive approach caters to learners who want to develop practical skills and gain real-world insights.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Lease agreements - Contracts for renting equipment, real estate, vehicles, etc.

Contract management 52

Contract management Contract Management e2e 52

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

Procurement Express

DECEMBER 31, 2024

Procurement managers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage. In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Spend Matters

MARCH 26, 2024

In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. However, many organizations still find themselves grappling with cumbersome and needlessly complex legacy spend management technologies which hinder, rather than facilitate, their efforts.

Spend management 114

Spend management Management Real-time Visibility Innovation 114

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

JUNE 11, 2019

For the longest time, leading Procurement technology providers in my experience just ignored this space. The goal being to build in best practices that we’ve seen across our Public Sector customers, so that they are able to deploy and get up and running faster, thereby drastically reducing time-to-value.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility. So, lets be blunt.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

JUNE 19, 2023

In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms. What does a contract lifecycle management solution do? Top 5 Contract Lifecycle Management tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 103

Contract Management Negotiation Real-time Visibility 103

ivalua

JANUARY 12, 2023

Having a comprehensive understanding of the rules and regulations surrounding public procurement can help teams better manage their workflow by allowing them to identify areas where improvements can be made. When it comes to managing ongoing regulatory compliance, having a dynamic platform is key. Data Insight Strategy.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

ivalua

JANUARY 24, 2022

Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supply chain. .

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

SCMDOJO

APRIL 22, 2022

The topic, Application of NFTs in Supply Chain Management, is buzzing in the supply chain & logistics space. At such a time, NFTs will prove their worth. For perishable products, it is vital to know the distribution nodes for calculating shelf life and the time window for selling the perishables. Data Sharing. .

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

IBM Supply Chain Blog

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Procurement Express

DECEMBER 31, 2024

There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. How Does Procurement Management Software Work? How Does Procurement Management Software Work? Gain real-time insights to eliminate unnecessary spending and stay within budget.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. Money buys less than before How should procurement manage inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Heads

JANUARY 30, 2023

My role also involves ad-hoc IT renewals and managing this process. Procurement is more about contract management and negotiating great commercials for your business. The roles were different in nature as one involved closely managing warehouse colleagues whereas IT procurement is more office-based and strategic.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Jaggaer

MARCH 6, 2025

Harnessing Advanced Technologies & Proving Benefit Modern procurement systems must integrate advanced technologies to streamline processes and enhance decision-making: Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are now indispensable for automating repetitive tasks, such as supplier evaluations and contract management.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Jaggaer

APRIL 3, 2025

I recently hosted a panel discussion with Elizabeth Zucker, Senior Director, Procurement Advisory North America at The Hackett Group, and Martin Adamek, Senior Manager, Procurement at TE Connectivity. This includes skills in data science and AI management. productivity gap in procurement and an 8.9% efficiency gap.

Procurement 52

Procurement Supply Chain Efficiency Contract Real-time Visibility 52

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 Software

MAY 16, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

JULY 7, 2020

“What’s really beneficial is that we get instant insight into actual versus planned across all of our contracts, is our spend with a particular carrier a lot more or a lot less?” – Srestha Dutta, Global Process & Technology Senior Manager. These should provide end users with visibility across their assigned scope.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. While less visible, these procurement areas are crucial for maintaining a functional educational environment. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Jaggaer

MAY 19, 2020

“The automation has streamlined the Council’s contract management and supplier performance processes and as such we feel that this has increased our business efficiency and improved internal and third-party collaboration by reducing operating expenses.” – Tommy Burns, Procurement Project Officer – East Ayrshire Council.

Contract 52

Contract Suppliers Management Contract management 52

TYA Suite

NOVEMBER 15, 2024

From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable. This transparency is a game-changer because it enables all parties to view the same information in real time. This level of visibility is invaluable for several reasons.

Supply Chain Efficiency 40

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

Let's Talk Supply Chain

MARCH 5, 2025

Today Im joined by Reveel , a company with over 16 years of parcel agreement management expertise, that has generated over $300 million in savings for their clients. 15.51] How Reveels Parcel Spend Management and Deposcos supply chain technology work together through deep integration. Thats what customers really want.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Spend Matters

JUNE 19, 2023

Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management. The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98