Spend Matters

SEPTEMBER 5, 2024

In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties. This content does not express the views or opinions of Spend Matters.

Contract management 122

Contract management Contract Management Collaboration 122

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. US & Canada. ivalua.com.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Spend Matters

NOVEMBER 19, 2024

Risk mitigation requires immediate action and tactical interventions e.g., temporary increase in inventory holding, contracting lanes out of unaffected ports in North America, securing supply at spot prices or optimizing production to extend availability of critical feedstocks.

Risk 111

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 111

ivalua

JUNE 15, 2022

Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber, a leading international technology group with over 10,000 employees, aims to be a tech leader in procurement to open the door in supply chain performance and drive innovation in the community. .

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Spend Matters

MARCH 11, 2024

So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. PSI is a good place not only to hear from but to meet the innovators in this space, not just the developers and service providers but the people who interact with them. Compliance and GDPR — does the data stay locked?

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

ivalua

MARCH 16, 2020

For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Procurement Heads

MARCH 15, 2023

In addition to the day job, I have had the honour of being made a Fellow of CIPS, World Commerce & Contracting and the Royal Aeronautical Society. I am also privileged to have been recognised as one of World Commerce & Contracting’s Inspiring Women in Commercial 2023 alongside other amazing commercial and procurement leaders.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Sustainability Contract Leadership 246

Spend Matters

FEBRUARY 13, 2025

That placed new commitments on the company in addition to all of the other challenges everyone was facing at the time such as a focus on growth, innovation and operational excellence. For the third piece of tech, a contract management system, the Legal Department was a strong ally. The Legal Department was a key champion as well.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Spend Matters

OCTOBER 29, 2024

These lists mark the 11 th year in which Spend Matters highlights the best in procurement technology development and innovation. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

supply chain software solutions 114

supply chain software solutions Supply chain Procurement Innovation 114

SCMDOJO

FEBRUARY 16, 2025

However, the next wave of AI innovation is here: autonomous AI agents. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Here are some leading innovators in this space: 1. Analyzes supplier performance, market trends, and contract terms.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

Spend Matters

OCTOBER 31, 2024

Platforms primarily support risk assessments and due diligence during onboarding but lack an ongoing risk assessment or continuous oversight post-contract. At Brooklyn, we address the post-contract risk management gap by creating a sustainable TPRM platform. ” Many thanks to Brooklyn for sharing their observations.

Risk management 114

Risk management Risk Management Real-time Visibility 114

Spend Matters

APRIL 10, 2025

The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. Smaller teams, in particular, feel the squeeze and struggle to balance compliance, efficiency and innovation. Procurement is at a crossroads. AI does more than just improve efficiency.

Supply Chain Efficiency 64

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 64

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Spend Matters

NOVEMBER 14, 2024

Collaboration — The approach to supplier management that allows businesses to bring more minds together to solve problems and innovate, making the business a more attractive customer for the supplier. Technology — The enabler of SRM initiatives by improving communication and collaboration among all parties.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

ivalua

APRIL 23, 2020

While there will be sessions featuring customers at various stages of their digital transformations, the focus is on stories from more advanced organizations that have established Procurement as a strategic business partner through innovative ways.

supply chain software solutions 46

supply chain software solutions Supply chain Procurement Supply 46

ivalua

MARCH 3, 2020

Innovation labs and incubators have multiplied in major corporations to try to find the next startup that will rejuvenate their business models. In the last years, this approach been seen as the Holy Grail to unlocking innovation of enterprises. A fact has been striking me for a while. Why is it so? They want the real decision-maker.

Procurement 182

Procurement Innovation Chief Procurement Officer Collaboration 182

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

ivalua

MAY 31, 2022

Conversely, some Procurement departments have discovered that non-strategic suppliers, or even tier two suppliers, offer them innovative solutions to alleviate the shortage. Throughout the supplier’s lifecycle (tender, contract, goods receiving, annual review etc.), Learning from Supplier Relationships.

Suppliers 246

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

Let's Talk Supply Chain

MARCH 5, 2025

With over 8 years of experience in strategic partnerships, Jack drives innovative collaborations that advance supply chain and logistics technology. Jack Margeson is the Vice President of Alliances at Deposco, a leading provider of cloud-based fulfillment software solutions.

supply chain software solutions 52

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

Spend Matters

DECEMBER 11, 2024

Organizations must ensure efficient sourcing and tariff management that support their time-to-market, pricing and innovation goals to gain an advantage in the global market.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

ivalua

JUNE 24, 2020

Leveraging the pre-packaged s olution financial services customers are empowered to: Ensure regulatory and policy compliance at the supplier and contract level. Crédit Agricole has always been dedicated to delivering greater value to our customers and stakeholders through innovation.

Spend management 246

Spend management Management Cost optimization Category management 246

ivalua

JUNE 14, 2023

As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization. He brings a thorough understanding of market trends and digital​ technologies that can help enterprises be more effective ​with their Procurement and Supply Chain strategies.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

ivalua

JUNE 11, 2023

As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization. He brings a thorough understanding of market trends and digital​ technologies that can help enterprises be more effective ​with their Procurement and Supply Chain strategies.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 246

Procurement Tactics

MARCH 26, 2023

His/Her team solicits quotations from potential suppliers to award the contract for specified services or goods. Thus, it is not a suitable method for complex procurements where the focus is on the output and outcome of the contracting process rather than the strict adherence to standards.

Bidding 197

Bidding Suppliers Competitive bidding Price 197

Spend Matters

NOVEMBER 7, 2024

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

Jaggaer

OCTOBER 24, 2024

It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Companies that excel in supplier collaboration aren’t just staying competitive—they’re leading the pack by leveraging every opportunity to innovate and grow.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Supply Chain Optimization 52

Procurement Insights

FEBRUARY 14, 2025

February 2025 – A Liquid Network is a dynamic, decentralized, and adaptable system where ideas, information, and resources flow freely between interconnected participants, fostering innovation and collaboration. Procurement workflows are automated using AI & smart contracts.

Networking 59

Networking Import Procurement Buyers 59

ivalua

JUNE 29, 2020

Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. Perhaps an increase in self-contracting activities to provide more visibility into and control of vendor relationships. . Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 release includes improvements for Source-to-Contract (S2C).

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Procurement Insights

APRIL 4, 2025

contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. Its balance of innovation (e.g., 5 DPW (Digital Procurement World) DPW prioritizes digital transformation and innovation in procurement (e.g., Its emphasis on actionable strategies (e.g., AI) with actionable frameworks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

supply chain budgeting 97

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

Spend Matters

FEBRUARY 26, 2025

With limited funding, labor shortages and rapid technological advancements, public sector organizations must find innovative ways to maintain or even improve service quality with fewer resources. Doing more with less A recurring theme throughout the summit was the pressing need for organizations to do more with less.

Procurement 116

Procurement Bidding Contract management Data 116

IBM Supply Chain Blog

APRIL 1, 2024

Generative artificial intelligence (GenAI) can be a powerful tool for driving product innovation, if used in the right ways. It can also provide new product packages or contract terms that align with a customer’s past usage needs, identifying new revenue opportunities and improving customer satisfaction.

Innovation 77

Innovation Business strategy Data Strategy 77

Procurement Templates

APRIL 15, 2024

Stage 6: Risk Management Days 51-60 Risk Assessment: Conduct a comprehensive risk assessment to identify potential risks related to suppliers, contracts, and operations. Contract Management: Review and standardize contract management processes to improve compliance and reduce contractual risks.

Procurement team 130

Procurement team Contract management Innovation Contract 130

Barkers Procurement

DECEMBER 12, 2024

Small businesses, known to champion ideas and experimentation, offer great potential for A&D innovation. Is there a way then for CPOs to maintain regulations without staving off the innovative small businesses that could help pave the way? Still, NATO needs its partners to boost production.

Suppliers 52

Suppliers Bidding Negotiation Procurement team 52