IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

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. Pain-Point: Purchasing compliance and collaboration. Solution: Automate end-to-end processes.

e2e 147

e2e Procurement Budget Contract 147

Spend Matters

FEBRUARY 25, 2025

For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Sourcing alone involves the many and often manual processes for RFxs, like RFIs, RFPs, RFQs, etc. However, adoption (by teams, by stakeholders, by suppliers) is not a reality for most organizations.

Real-time Visibility 106

Real-time Visibility e2e Procurement Negotiation 106

Procurement Tactics

JUNE 28, 2023

Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. Delivery and Logistics The status of goods and services purchased, such as their delivery timelines, transportation times, or receipt is monitored. The key elements are typically: 1.

Supply Chain Efficiency 178

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

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. They’re also ramping up usage in contract management.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

ivalua

MAY 15, 2022

Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. They’re also ramping up usage in contract management.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Procurement Tactics

DECEMBER 7, 2022

To simplify, it refers to monetary transactions between trading partners for purchasing, manufacturing, and selling goods and services. . The buyer can also source capital from banks or other financial providers at a lower cost or interest. . When this happens, it results in more visibility throughout the physical supply chain.

Supply Chain Efficiency 181

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

Strategic Sourceror

FEBRUARY 3, 2023

For these reasons, many high-end supply chain organizations are investing their money into visibility solutions to get a better handle on their supply chains. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency. Brought to you by the StrategicSourceror.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

ivalua

OCTOBER 29, 2019

It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Government agencies have to facilitate transparency and openness while never losing sight of why that visibility is needed.

e2e 113

e2e Procurement Bidding Contract 113

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. SaaS management and buying tools such, as Spendflo, address the lack of buyer visibility.

e2e 98

e2e Management Buyers Contract 98

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. How to Optimize Your Spend with a Strategic Sourcing Process. Do you have questions about group purchasing? Digital procurement game-changers. Get in Touch.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

ivalua

JANUARY 27, 2021

3 Top Digital Transformation Blockers: Although 86% of AP professionals served by Hackett Group say digital transformation of the Purchase-to-Pay (P2P) process is of “critical” or “major” importance, few have been successful in making it happen. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs.

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

ivalua

DECEMBER 6, 2022

Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. Procurement as end-to-end process owner . while optimizing the needs for efficiency, simplicity, visibility, and compliance. But there are two issues in practice.

e2e 130

e2e Suppliers Procurement Contract 130

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 106

Procurement solutions Procurement e2e Real-time Visibility 106

Supply Chain Opz

MARCH 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Procurement Insights

FEBRUARY 1, 2024

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

Sourcing 80

Sourcing e2e Spend management Leadership 80

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done. 52.14] The future for Altana. “An

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Pipefy

FEBRUARY 13, 2023

A company’s procurement department is driven by various processes and teams, including purchasing and accounts payable. One of the tactical processes leveraged to realize strategic goals is the source-to-pay process. Build better workflows with the Definitive Guide to Workflow Management Download now What is the source-to-pay process?

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Supply Chain Collaborator

MARCH 16, 2020

“A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers is sending freight rates surging and forcing buyers to seek out space on smaller tankers after the largest ones have been booked out, shipping sources said.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Zycus Cognitive Procurement

DECEMBER 10, 2021

Advantage Source-to-Pay(S2P). The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. Learn More: Zycus Source to Pay Suite.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Spend Matters

OCTOBER 4, 2023

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.

Procurement 107

Procurement e2e Contract Sourcing 107

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Spend Matters

JUNE 24, 2024

Yet buyers agonize over purchasing a car — with good reason. What are you hoping to achieve with this purchase, and what essential components will deliver this result? Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation?

e2e 98

e2e Contract Sourcing Buyers 98

Una

JULY 28, 2022

But what happens when sourcing professionals realize the importance of letting its guard down and begins working alongside other teams? Understanding the technology is essential, otherwise procurement will be working in the dark trying to source an IT product they do not really understand. Do you have questions about group purchasing?

Procurement 98

Procurement supply chain budgeting Procurement team e2e 98

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). No-code platforms offer a more accessible bridge toward closing the visible gaps between crucial groups, allowing for more flexibility and directness. Get Visibility For All Stakeholders.

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Pipefy

JANUARY 31, 2023

Why purchase request approval is important The purchase requisition approval process is the final layer of review that’s required for all purchase requests. Once purchase requisitions are processed and approved, a purchase order is generated and submitted to the vendor or supplier for fulfillment.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Strategic Sourceror

JULY 11, 2022

Leaders are prompted to seek more robust solutions— while lowering costs —and find that a comprehensive source-to-pay (S2P) platform is the answer. Automate Source-to-Pay Workflow Increase Workflow Automation When S2P solutions are implemented, organizations can increase the automation of their workflow and reduce critical cycle times.

e2e 52

e2e supply chain budgeting supply chain software solutions Strategic sourcing 52

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Source-to-Contract (S2C) 1. How do you define an SME?

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Supply Chain Game Changer

MARCH 16, 2021

I/T was going to be a source of competitive differentiation. Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network. Real time visibility of the entire Supply Chain could be available to anyone anywhere at any time.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Supply Chain Game Changer

APRIL 21, 2020

So much time is spent in data entry, spreadsheet creation and manipulation, chart creation, purchase order changes, labelling, reporting and more that is wasteful. You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. There are no cashiers.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

Supply Chain Game Changer

NOVEMBER 14, 2018

Many companies have already automated their front-line transactional purchasing activities. In the authors’ words, “within 5-10 years, the supply chain function may be obsolete, replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention.”.

Supply chain management 86

Supply chain management Supply chain management Supply Chain Optimization Supply chain 86

SCMDOJO

APRIL 24, 2024

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain. A recurring request is to reduce risk and contain costs.

Procurement 110

Procurement Supply Chain Efficiency Category management e2e 110