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Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
Nikhil Gaur, Spend Matters Director, Strategic Projects & Research Analyst, summed up the achievement as follows: “Spend Matters tracks some 1,500+ procurement and supplychain technology and services providers. Solutions around ESG, risk, intake & orchestration come to mind.
For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today. Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supplychain industry practitioners.
Like every industry Procurement & SupplyChainsoftware vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
Investing in Procure-to-Pay solutions is seeing the bigger picture. In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value. digitization Procurement processes from sourcing to accounts payable is a key strategy.
Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supplychain. And finally, there’s purchase order-specific software. What is Procurement Software?
Modern Spend Management and Accounts Payable software. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Efficient supplychains play a major role in keeping schools running smoothly.
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. Buyers might overlook Provider X if its not a Leader, even if it excels in supplychain LCA.
Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. market share (Apps Run The World, 2023) lead.
Subscribe to SupplyChain Game Changer. SupplyChain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supplychain, but are used in various different fields to measure how well a company is meeting its objectives. Total SupplyChain Cost.
You already know the biggest supplychain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supplychain running as smoothly as possible in the meantime? The best way to safeguard your supplychain will be by building resilience into your operations. But ‘back to normal’?
Modern Spend Management and Accounts Payable software. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. What's PLANERGY? How AP can improve relationships with your key suppliers.
I wanted to bring you the key criteria that you should consider when sourcing or considering a digital procurement solution. If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software?
As globalization extends supplychains around the world, the likelihood of negative impacts stemming from supplychain disruption increases. Supplychain disruptions are an inevitability for any supplychain, though the severity of the impacts can vary. Types of SupplyChain Disruptions.
There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. Read part 1 here , part 2 here and part 3 here.
Apache Kafka and Apache Flink working together Anyone who is familiar with the stream processing ecosystem is familiar with Apache Kafka: the de-facto enterprise standard for open-source event streaming. With the combination of Apache Flink and Apache Kafka, the open-source event streaming possibilities become exponential.
Modern Spend Management and Accounts Payable software. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Schools thrive when predictable and reliable supplychains foster a stable learning environment.
Procurement software is only becoming more important, so it is only natural that new categories materialize as decisions on which providers make the lists get tougher. These are the firms that set the industry standard and which every senior procurement or supplychain professional should know about.
Modern Spend Management and Accounts Payable software. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Think classroom supplies, laboratory equipment, educational software, and learning resources.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
What is a supplychain strategy? A supplychain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supplychain strategies have come into the spotlight as volatile demand and complicated global markets have made supplychains more complex.
Integrated planning incorporates supplychain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supplychain logistics, production plans, and customer service capacity.
Why is spend analytics software so important? through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software.
Why is spend analytics software so important? through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software.
Automotive sourcing is complicated, and few supplychains are as complex. Automotive parts shortages add to the layers of complexity in your automotive sourcing strategy. Sourcing Scenario Picture this, you are on an automotive sourcing team (or maybe you don’t have to imagine because you already are!),
Resources / Blog / 3 Ways Arkestro Can Assist With Your Automotive Sourcing Strategy 3 Ways Arkestro Can Assist With Your Automotive Sourcing Strategy Automotive sourcing is complicated, and few supplychains are as complex. A collection of spreadsheets is not going to cut it for your automotive sourcing strategy.
Watsonx gives organizations the ability to refine foundation models with their own domain-specific data to gain competitive advantage and ensure factual grounding to external sources of knowledge. For example, supplychain management can be a challenge for companies.
Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.
A upc validator ensures these critical identifiers function correctly across the entire supplychain, from manufacturer to end consumer. When selecting an online calculator, prioritize tools from established industry sources that protect data privacy and demonstrate consistent accuracy.
Whatever the case, large organizations can benefit from enterprise asset management (EAM) software to manage all the physical stuff the company owns. EAM software provides a consolidated view of the company’s assets, with useful information about how they’re performing.
There are different levels of GenAI applications in use by procurement solution providers, from basic/shallow to embedded ( see our definition of the ‘6 flavours of AI’ here ). We could take a cue from the services world and start to build knowledge bases that can, in turn, become an AI data source.” applies more than GenAI.
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends.
We use solution provider and practitioner intelligence, alongside our first-hand knowledge from endless demos within the tech industry (culminating in our Vendor Analyses ) to steer our research and analysis which informs the best decisions of the best decision makers. and processes from the annual report. Manage it and report it.
Supplychain managers and inventory management professionals face a constant barrage of supplychain crises, with one always waiting around the corner. With every crisis comes the potential for supplychain disruption that can cause chaos for stock-holding businesses. Global supplychains.
Book a Live Demo. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In SupplyChain: Creating a Sustainable Value Chain. Cristian Maradiaga.
Instead, brokers often rely heavily on load boards and historical data to source carriers. How will this new software impact your employees? Take the time to learn what new technology is out there to help your brokerage source new capacity, expand lane coverage, gain real-time market rates, and automate labor-intensive tasks.
To get some answers for S&OP practitioners, Niels van Hove from SupplyChain Trend interviewed a group of S&OP leaders. SupplyChain Trend will publish a weekly Q&A with these S&OP leaders. To get some answers for S&OP practitioners, SupplyChain Trend interviewed a group of S&OP leaders.
With another busy year of procurement and supplychain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supplychain industry.
Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to gain visibility and control of your indirect spend.
Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Do you have visibility of a global supplychain?
Spend Matters’ analysts ranked Arkestro’s Predictive Procurement Orchestration platform as SolutionMap’s Value Leader in Sourcing for small, medium, and large enterprises. Not made baseless assumptions about how the software operated. Ran more demos to get a clearer picture of the product’s capabilities.
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