Spend Matters

DECEMBER 16, 2024

In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Design-for-Supply part 1, part 2, part 3 and part 4.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 109

Spend Matters

NOVEMBER 7, 2024

“Halo Ai was born out of a deep industry need, which I recognized when I took on the role of Head of Third-Party Risk at a major Canadian financial institution, a company with over 190 years of history and a workforce exceeding 100,000 employees. What is the road ahead for Halo Ai?

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Understanding Supplier Risk Management.

Risk management 147

Risk management Risk Suppliers Management 147

ivalua

FEBRUARY 25, 2021

Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.

Supply Chain Efficiency 130

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

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations.

Risk management 40

Risk management Risk Suppliers Strategy 40

Jaggaer

MARCH 20, 2025

From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in optimizing its procurement processes. JAGGAER’s source-to-pay platform met all these criteria, ultimately winning the contract.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Risk management 52

Spend Matters

APRIL 15, 2025

Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management.

Real-time Visibility 67

Real-time Visibility Procurement e2e Supply Chain Efficiency 67

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

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

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. Optimize costs without compromising supply chain continuity. Enhanced Agility: Enables rapid response to unexpected supply chain changes.

Supply Chain Optimization 58

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 58

Skill Dynamics

FEBRUARY 11, 2025

Risks are guaranteed when dealing with a supply chain, but that doesnt mean you can afford to ignore them. Understanding and addressing any legal issues within your supply chain is vital to ensuring compliance with regulations and developing an effective chain that can operate efficiently and at scale.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 52

Spend Matters

MARCH 25, 2025

Legal teams emphasize regulatory compliance, contract enforcement and risk mitigation. Suppliers and external partners contribute another layer of complexity, as they rely on procurement systems for seamless onboarding, data accuracy and operational efficiency.

Stakeholder engagement 86

Stakeholder engagement Management Procurement Influencing 86

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. Improve Supplier Collaboration Digital platforms facilitate smoother interactions, from onboarding to contract execution.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Skill Dynamics

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 52

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. contract negotiation, risk mitigation) gives it the strongest alignment with core procurement practices. Its balance of innovation (e.g.,

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023. Learn more at www.ivalua.com.

Contract 130

Contract Suppliers Sourcing Supply Chain Efficiency 130

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

Spend Matters

DECEMBER 11, 2024

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. The post Tariffs and Procurement (Part 2): Tariff management and building an action plan appeared first on Spend Matters.

Supply Chain Optimization 109

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 109

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking is the process of monitoring and managing procurement activities. Documents concerning the contracts shall also be undertaken.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Let's Talk Supply Chain

FEBRUARY 21, 2025

In the heart of‍ the bustling Midstate ‍region, a once-thriving logistics supply chain company is facing a ‍paradigm shift as it announces the closure of its second‍ facility.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 52

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. An effective supply chain is the ironic link that every business requires to join together a well-developed product and the market. Keeping risks in mind, if you still feel that your business has enough girth to pull through to profit, then consider other things.

Risk management 71

Risk management Supply Chain Efficiency Risk Supply chain 71

Procurement Tactics

OCTOBER 13, 2022

Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. In this article, we will discuss what a strategic sourcing manager is. Generate and integrate efficient sourcing and category management strategies.

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Spend Matters

AUGUST 8, 2023

The recent Deloitte Global Chief Procurement Officer Survey tells us, “CPOs have definitively indicated that risk is here to stay, as evidenced by the greater than 70% in our survey who indicated that procurement-related risk/supply chain disruption has increased in the past 12 months on top of an already elevated baseline.”

Risk management 98

Risk management Risk Management supply chain budgeting 98

Procurement Templates

MARCH 7, 2024

Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement processes, such as vendor selection criteria, bidding procedures, and contract management protocols. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Explained. You cannot get favorable contract terms for the goods and services you want to acquire if you do not have an amicable working relationship with your suppliers. . Additionally, it allows managers to build better relationships with suppliers based on the importance of each supplier. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Supply Chain Game Changer

APRIL 1, 2022

Subscribe to Supply Chain Game Changer. Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. Understand your beginning point and all the risks involved.

Supply Chain Efficiency 128

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 128

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

Supply Chain Game Changer

AUGUST 11, 2021

Subscribe to Supply Chain Game Changer. Cyber Security and the Digital Supply Chain! Technology has mainly driven the growth of supply chain operations throughout the years. Supply chain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply 98

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

Procurement Tactics

JUNE 28, 2023

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Category Management Category management refers to the focused management of individual aspects of your procurement process.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Jaggaer

FEBRUARY 5, 2025

Furthermore, eSourcing software can help review the contract terms and conditions against a predefined checklist to ensure there are no red flags, like missing clauses, discrepancies, or unfavorable terms.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Spend Matters

NOVEMBER 14, 2024

Engagement — Between the business managers who are working with suppliers on a daily basis, including the C-suite, and the suppliers themselves. People — The development of SRM skills for procurement and supply chain professionals, without which SRM can’t happen.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

TYA Suite

OCTOBER 27, 2024

It encompasses a range of features aimed at managing the acquisition of goods and services efficiently. This software helps organizations manage supplier interactions, streamline procurement workflows, and ensure compliance with company policies and regulations. is a comprehensive solution designed to automate and optimize the.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Tactics

MAY 24, 2023

Supplier scorecards are also used to track vendor value, measure procurement key performance indicators (KPIs), and monitor overall supply chain performance. What is the Purpose of Scorecards Scorecards are tools utilized for vendor management. Tracking this metric will help you identify the most efficient supplier.

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supply chains play a major role in keeping schools running smoothly.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Spend Matters

SEPTEMBER 15, 2022

Categories: CSR , ERP , Risk Performance and Compliance , Supply Risk Management , Sustainability Tags: PRO This Spend Matters PRO analysis is the penultimate of our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios.

Supply Chain Efficiency 71

Supply Chain Efficiency Risk Risk management Contract 71