Procurement Templates

NOVEMBER 21, 2024

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Resources: Online courses on strategic sourcing (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g.,

Agile and Lean Supply Chain 130

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

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Spend Matters

DECEMBER 16, 2024

Together, these disciplines empower organizations to handle tariff-related risks (and a broader range of supply chain challenges that extend well beyond tariffs) because they provide the visibility and data granularity necessary to handle tariff complexities. Design-for-Supply part 1, part 2, part 3 and part 4.

Agile and Lean Supply Chain 110

Agile and Lean Supply Chain Management Supply Chain Efficiency Supply Chain Optimization 110

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

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. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Or rather, it should not, in a data-driven environment.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Let's Talk Supply Chain

MARCH 2, 2025

By harnessing the‍ power of data-driven insights, organizations can navigate these challenging waters with precision and grace. Key Strategies for Navigating Tariff Turmoil: Utilize Data Analytics: Leverage advanced analytics tools to gain deep visibility into supply chain dynamics and identify potential areas of vulnerability.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Procurement Leaders

AUGUST 19, 2024

Data has become the lifeblood of business. The challenge, as we all well know, is finding the right data, at the right time, and applying it to the right situations to elevate both the quality and impact of decision-making. This is, of course, a two-way street: data challenges are in no way unique to CPOs and their teams.

Data 130

Data Price negotiations Procurement team Procurement 130

Spend Matters

DECEMBER 23, 2024

GDPR alignment, secure data storage) reduce organizational risk. Making the business case and implementing the solution remains challenging Data integration with existing systems: Integrating procuretech with existing ERP and finance systems is a common challenge. Risk reduction: The platforms compliance features (e.g.,

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

Spend Matters

JANUARY 8, 2025

This Spend Matters Vendor Analysis provides an overview of Zip and its solution for intake, orchestration and source to pay (S2P). As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources.

Market analysis 111

Market analysis Procurement team Sourcing Buyers 111

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Automate supplier evaluation using real-time data.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

NOVEMBER 25, 2024

Overall, spend analytics plays a vital role in helping procurement teams drive strategic sourcing initiatives, enhance supplier relationships and ultimately contribute to the organization’s bottom line. Additionally, it can model and marry a variety of data alongside the spend, from contracts to risk.

Procurement team 117

Procurement team Market analysis Strategic sourcing Strategic sourcing 117

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. With reliable and actionable data, this workstream can help identify trends and motivate informed decisions.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

Spend Matters

MARCH 18, 2025

This is unequivocally the most granular data available on this rapidly growing market. Spend Matters has been covering the Intake & Orchestration market since its inception with vendor analyses and articles and is excited to showcase it in the Insider SolutionMap data comparison module. Data is refreshed every 6 months.

Procurement 91

Procurement Sourcing Contract Risk 91

All Things Supply Chain

MARCH 11, 2024

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Blockchain, AI, data… Various technologies can track goods in real time.

Supply Chain Visibility 265

Supply Chain Visibility Real-time Visibility Supply chain Supply 265

Spend Matters

NOVEMBER 19, 2024

“Yes, we’ve seen a clear increase in demand for risk-related technology from our customers, driven by the growing complexity and volume of data they are required to manage. Today’s organizations expect risk technology to not only provide data but also enable quicker decision making and faster action that leads to measurable impact.

Risk management 110

Risk management Risk Management Real-time Visibility 110

Spend Matters

OCTOBER 31, 2024

The idea for True ValueHub was born out of the pain points our Founder, Gautam Pasari, experienced first-hand over the years working for various manufacturing companies while leading their strategic sourcing, category management and digital transformation functions. 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

MARCH 19, 2025

Yesterday Spend Matters released its Spring 2025 SolutionMap and TechMatchSM procurement technology rankings of 106 solution providers across 16 source-to-pay (S2P) categories. Some of these providers achieved top scores in this data-backed functionality and capability assessment, and some come out on top for their customer scores.

Eprocurement 83

Eprocurement Contract management Contract Sourcing 83

Planergy

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Data-driven insights improve resource allocation and student outcomes. Technology simplifies data storage, analysis, and accessibility for schools. Budget planning also becomes more efficient with accurate data at hand.

Data 52

Data Management Budget Real-time Visibility 52

Spend Matters

FEBRUARY 13, 2025

But to make its potato chips, Utz buys many different materials from many different suppliers, and Procurement needed greater data granularity. Utzs Procurement team had never focused on influencing budget owners in the corporate services area to strategically source their categories. For the most part, this did not prove a problem.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Procurement Leaders

DECEMBER 9, 2022

After years of firefighting, CPOs are leading their teams into an era of data-driven resilience – enabling their teams to deliver new sources of value. Dive deeper to discover the future of the function.

Sourcing 246

Sourcing Data Risk management Sustainability 246

Spend Matters

DECEMBER 30, 2024

Operational: The time saved and operational excellence improved by automation of tasks, improved data analytics and process optimization (> OPEX reduction/optimization) is greater than 20%-50% of total FTE. Cleanliness of master data and/or the overall ability to integrate existing systems with new Procuretech.

Supply Chain Efficiency 111

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 111

Spend Matters

MARCH 25, 2025

Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. However, when it comes to procuring third-party software, data and professional services, AWS Marketplace is the dedicated platform designed to support businesses in building and running their digital infrastructure.

Procurement solutions 96

Procurement solutions Procurement Purchase orders Data 96

ivalua

JULY 12, 2021

Just in the limited discussion above, we noted NMSDC, CAMSC, and Supply Nation as sources of data and certifications, and there are many more. As more and more countries implement diversity programs, these unique certifications and data sources will increase exponentially. Ethical Spend Toolset.

Suppliers 246

Suppliers Ethics Supply Chain Efficiency Sourcing 246

ivalua

JANUARY 31, 2023

By integrating the EIC’s functionalities in their procurement practices, organizations can dramatically accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Procurement Insights

MARCH 6, 2025

To better understand the pros and cons of a GenerativeAI Gartner Magic Quadrant Mock-up, you must first understand the pros and cons of the original source, e.g., quantifying how far the AI apple actually falls from its tree or original source. Why Its Good: Combines hard data with real-world feedback, offering a balanced view.

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Spend Matters

JANUARY 23, 2025

The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate. supplier count, event size).

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

Spend Matters

FEBRUARY 5, 2025

Building the foundation : where to start; how to build a digital roadmap; the critical role of data; identifying quick and long-term wins; how to make the case for digital. Low adoption rates: Technologies like e-sourcing have been available for years, yet adoption among companies sits at around 60%-70%.

Procurement 112

Procurement Change management Strategy supply chain budgeting 112

Spend Matters

APRIL 10, 2025

Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. With AI, procurement teams can process and analyze vast amounts of data (i.e., big data) in real time, spotting correlations and trends that would otherwise go unnoticed.

Supply Chain Efficiency 64

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 64

Spend Matters

NOVEMBER 7, 2024

This experience underscored the broader market gap for a solution capable of consolidating data from reliable sources, creating a risk profile for each third party and generating an intrinsic risk score that evolves into a manageable residual risk score once mitigation controls are applied. What is the road ahead for Halo Ai?

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111