Procurement Insights

APRIL 2, 2025

Chevrons procurement and supply chain challenges in 2025oil price volatility, geopolitical disruptions, ESG compliance, talent shortages, technology adoption, and logistics bottlenecksrequire tailored solutions from ProcureTech providers. Unique Benefits: Supplier Diversity and ESG: Tracks and promotes diverse suppliers (e.g.,

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 52

Jaggaer

FEBRUARY 20, 2025

Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. What is Source to Pay (S2P)?

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

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

Procurement Tactics

JUNE 28, 2023

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. This approach promotes efficiency throughout the whole procurement process.

Supply Chain Efficiency 178

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

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. A closer look at these functions reveals how ERP streamlines operations and supports long-term growth.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 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 software solutions Supply Chain Optimization Supply chain 181

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. But there is a distinction between price and value. emergency purchases and b.)

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Insights

APRIL 1, 2025

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., sourcing, supplier management, invoicing). AdaptOne for supplier onboarding, GEP for strategic sourcing) rather than purchasing a comprehensive S2P suite with unused features (e.g., Cost Alignment Eliminates Waste Mechanism: Pay-for-what-you-use pricing (e.g., $50K

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

e2e 130

e2e Suppliers Procurement Contract 130

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

ivalua

JUNE 27, 2022

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. It Pays to Partner!

e2e 130

e2e Buyers Suppliers Supply chain 130

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. Typically, total cost, quality, and delivery performance appear as critical factors in the supplier selection process. Skill gaps will continue to be a challenge for companies.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

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 119

e2e Data interpretation Buyers Data 119

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

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

IBM Supply Chain Blog

JUNE 30, 2023

Visibility. Visibility into other key inventory (e.g., Visibility into other key inventory (e.g., Facts about the energy and utilities industry Transformer prices have doubled, while the average lead time for delivery has at least tripled from what it was two years earlier, reaching 52 weeks in some cases.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Procurement Leaders

JUNE 13, 2022

Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Supply Contract 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. . Through their quotes, you can compare their prices. It guides hiring managers to know the best supplier. .

Vendor management 130

Vendor management Management e2e Negotiation 130

Spend Matters

FEBRUARY 13, 2023

Even if logistics teams are more responsible for operational fulfillment, procurement still has a massive impact on it in terms of the initial design of the supply network (Design For Supply) and in the contracting of conditions (prices, Incoterm, MOQ, etc.). Read more. )

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

Procurement Insights

APRIL 9, 2025

For example, Nipendos cloud-based automation enables Amex to handle supplier onboarding, invoice reconciliation, and payments nativelyareas where Ramp excels (e.g., Strategic Fit: Amex aimed to build an end-to-end B2B platform (Anna Marrs, Amex), enhancing its supplier-side offerings beyond card issuance. manufacturing).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

Spend Matters

DECEMBER 21, 2023

In sourcing, the AI can rapidly analyze supplier options based on pricing, quality, sustainability and other factors to identify optimal partners, while also predicting performance to mitigate risk. AI-powered source-to-pay is the future At GEP, we leverage proprietary AI algorithms to streamline all procurement processes.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Spend Matters

OCTOBER 4, 2023

The power of supplier diversity in procurement: Driving business success through inclusion — Whether they are carrying out their own CSR strategy or responding to third-party initiatives and demands, businesses have their role to play in encouraging greater diversity among their suppliers.

Procurement 111

Procurement e2e Contract Sourcing 111

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

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 Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Procurement Software

MAY 16, 2023

SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The European Union takes a very similar definition.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Spend Matters

OCTOBER 1, 2024

Innovation and collaboration with customers were major themes, with future developments like ‘co-pilots’ being explored to enhance compliance, supplier management, data insights and more. They highlighted that their continuously improving AI and machine learning systems set them apart from competitors.

e2e 111

e2e Innovation Data Quality 111

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 107

e2e Procurement team Procurement Contract 107

HICX

DECEMBER 1, 2022

Building the Optimal Supplier Experience. Providing an optimal supplier experience is only possible through a deep understanding of how your suppliers are expected to interact with an organization and then streamlining those processes in a ‘supplier-centric’ way. How to use segmentation to drive the supplier experience?

Suppliers 52

Suppliers e2e Import Demand 52

Supply Chain Game Changer

JULY 2, 2021

As detailed in a New York Times analysis of the crisis, these shortages are raising prices for many common household goods, contributing to inflation. And these these issues reverberate up and down the wider economy – something that’s a boon for shipping companies amounts to price and availability shocks for consumers.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency e2e Supply chain 105

Supply Chain Game Changer

MAY 17, 2022

Confessions of a High Priced Expediter! Late deliveries, supplier quality problems, equipment downtime, resource shortages, defective materials, missing inventory, manufacturing capacity and quality issues, demand fluctuations, natural or man made disasters, and more all have the impact of stopping production and shipments.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

Supply Chain Game Changer

APRIL 12, 2022

Confessions of a High Priced Expediter! air cargo) Establish Executive level relationships and networks with your suppliers to be leveraged in times of need Enable end to end electronic connectivity enabling real time visibility and decision making (ie. Subscribe Here! Email Address. These steps cost money.

Supply chain 111

Supply chain Supply Inventory Real-time Visibility 111

Procurement Heads

JUNE 22, 2022

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. It is a vibrant time but it is also challenging, prices are going up and we are still expected to make savings, it is good we have never had such a focus as a team, but it can be tough at times.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Supply Chain Game Changer

AUGUST 19, 2022

CLM involves the end-to-end tracking of product, payment, rebate, and delivery information in the supply chain. CLM enables businesses to move away from traditional systems like spreadsheets and hard drives and gives them complete visibility on contracts and agreements at any time. The bottom line.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Spend Matters

OCTOBER 26, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. So, if you automate this end-to-end process, and in each step of the process you have a 20% chance of misinterpretation, at the end it’s either approximately right or precisely wrong.”

e2e 114

e2e Strategy Procurement team Procurement strategies 114

SCMDOJO

FEBRUARY 6, 2024

To mitigate the issues of the end-to-end supply chain and cope with customer expectations, organizations are constantly focusing on reducing the delivery lead time. Many times, suppliers also send the wrong materials unintentionally. Any of these mistakes lead to a variation in inventory.

Supply Chain Efficiency 105

Supply Chain Efficiency Inventory e2e supply chain software solutions 105