ivalua

SEPTEMBER 13, 2020

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.

e2e 147

e2e Procurement Budget Contract 147

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Procurement Tactics

MAY 22, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 246

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. Supplier Performance The quality, timeliness, and adherence to contractual commitments of suppliers shall be monitored.

Supply Chain Efficiency 178

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

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.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Tactics

DECEMBER 7, 2022

It optimizes the cash flow that enables the business to lengthen its payment terms to its suppliers while providing an option for when a supplier will be paid. While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances. Ultimate Supplier Plotting Checklist 2022.

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Increased Transparency: Greater visibility for all as to the opportunities available (or already planned) to work with city and state agencies.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Jaggaer

FEBRUARY 5, 2025

A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

APRIL 6, 2021

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

Procurement Tactics

AUGUST 23, 2022

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Want to take your negotiation results to the next level? Negotiation. Enhanced contract visibility.

Contract management 130

Contract management Contract supply chain software solutions Management 130

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Who Should Own Supplier Master Data?

Data 100

Data Suppliers Management Procurement 100

Procurement Tactics

JUNE 8, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Strategies may include negotiating shorter lead times with suppliers or finding alternative suppliers with quicker delivery times. CERTIFICATE COURSES Related courses about this subject 1.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

DECEMBER 20, 2022

Although some companies have their own stages of contracts, they still follow the same way in which the contracts will be created, reviewed, negotiated, signed, tracked, and renewed. . By creating a unified and efficient process, companies and suppliers can save time and reduce errors when discussing contracts. .

Contract 130

Contract Management e2e Contract management 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 Optimization 52

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

Procurement Tactics

AUGUST 19, 2022

You will also know how important vendor management is for the organization to manage its suppliers. . For starters, vendor management is used to describe the processes used to manage their suppliers or vendors. . Contract negotiations. Want to take your negotiation results to the next level? What is Vendor Management?

Vendor management 130

Vendor management Management e2e Negotiation 130

IBM Supply Chain Blog

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Spend Matters

OCTOBER 24, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Only since we have this end-to-end solution that optimized data input did customers gain the confidence in the developed data pipeline and the quality of the data.

e2e 114

e2e Data interpretation Buyers Data 114

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

Supply Chain Game Changer

JULY 16, 2019

Supplier Relationships – Don’t go over to the Dark Side! Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. There were Executives from dozens of Suppliers in attendance. Suppliers may be called Preferred or Tactical.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

Una

MAY 11, 2023

You will be able to quickly implement changes that lead to immediate cost savings like consolidating spend, negotiating better payment terms, or implementing cost controls. At the other end of the curve, managers of highly mature procurement functions have to work much harder to get access to increasingly out-of-reach fruit.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Jaggaer

OCTOBER 24, 2024

9 Steps to Improving Supplier Collaboration for Competitive Advantage The strategic value of suppliers has been growing, and so has the need to rely on their performance and partnership. Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Jaggaer

JULY 7, 2020

These should provide end users with visibility across their assigned scope. They are primarily concerned with answering visibility questions such as: What are the total number of RFQs that have been completed? Are new suppliers being recommended to receive business? Building Robust Analytics Dashboards.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Spend Matters

JUNE 21, 2024

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. So if it’s Finance, I talk about budget, both budget visibility and spend visibility.

e2e 104

e2e Procurement team Procurement Contract 104

HICX

AUGUST 4, 2022

The era of Supplier Experience is here. Accelerated by recent global events and propelled by today’s need to fundamentally change the way in which organizations interact with their suppliers, there is a realization in the industry that the enterprise-supplier relationship cannot be treated as a zero-sum game.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. Supplier Management. There have been no efforts at supplier consolidation or performance management.

Strategy 68

Strategy Management Real-time Visibility e2e 68

Pipefy

FEBRUARY 13, 2023

Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions. While S2P is focused on integrating and streamlining supplier interactions, P2P is focused on integrating and streamlining purchasing and accounts payable activities.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Pipefy

FEBRUARY 13, 2023

Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Is acquisition part of procurement? In a word, yes!

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Supply Chain Game Changer

FEBRUARY 12, 2020

We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). And they would not have the end to end supply chain visibility that can come with a TMS. With all of that we went to market! Loss of Control.

Real-time Visibility 76

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 76

Procurement Software

JUNE 20, 2023

SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform. Trakti Trakti is a contract negotiation and management platform integrated with blockchain, and specifically focusing on contract authoring.

Contract management 52

Contract management Contract e2e Management 52

Jaggaer

DECEMBER 13, 2024

Procure-to-Pay commonly known as P2P, encompasses the entire cycle of buying activities from identifying a need for goods or services to completing payment to a supplier. Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

The Good Spending

APRIL 30, 2023

It systematically and strategically handles all contract-related activities, including creation, negotiation, approval, implementation, and renewal or termination. Smaller companies still have many third-party contracts, not just suppliers - customers, employment, states, etc. 2️⃣ CLM is just about document storage. ?

Contract 52

Contract Management e2e Negotiation 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies.

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

World of Procurement blog

MAY 8, 2024

Contract management involves coordinating and negotiating agreements to establish business relationships, draft contract terms that protect the company, properly execute contracts, monitor performance, and mitigate risks. Negotiation - Once the initial draft is ready, next comes negotiation with the counterparty to finalize the terms.

Contract management 52

Contract management Contract Management e2e 52