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

Supply Chain Dive

APRIL 4, 2024

Executives at an American Apparel & Footwear Association event underscored the need to find alternative sourcing as U.S.-China China relations continue to fray.

Sourcing 131

Sourcing Risk 131

Spend Matters

SEPTEMBER 19, 2023

While the local impact to humans, property and the wider ecosystem caused by floods, fires and other catastrophic events can be devastating, the ripple effects can reach across the globe and affect business everywhere. Besides natural hazard events, catastrophes caused by disease can also be debilitating.

Supply chain 111

Supply chain Supply chain resilience Supply Risk 111

IBM Supply Chain Blog

SEPTEMBER 29, 2023

1] The need to improve real-time decision-making is contributing to a growing demand for event-driven solutions and their ability to help businesses achieve continuous intelligence and situation awareness. An event-driven architecture focuses on the publication, capture, processing and storage of events.

Data 99

Data Demand Sourcing Innovation 99

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

ivalua

JUNE 26, 2023

In our recap, we’ll dive into the key takeaways from the event and what they mean for the industry. They asked, what can organizations do to optimize their strategic sourcing processes? Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain 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. Later, on September 14, SIG held the Eastern Regional SIGnature event in Boston.

Procurement 103

Procurement Supply Agile and Lean Supply Chain supply chain software solutions 103

Spend Matters

OCTOBER 3, 2024

Read our analysis: Risk is complex — The different types and sources of risk.) Because regulations have come into play and firms have witnessed various risk events, there is usually someone in the organization who is held accountable for addressing a particular risk. But even then, there are some risk events that you cannot foresee.

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcing solution do? Sourcing solutions offer supporting content and services for managing market approaches (including category strategy), execution (e.g., RFx management and e-auctions) and portfolio/performance management.

Sourcing 98

Sourcing Bidding Price Suppliers 98

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

APRIL 23, 2020

Like every industry Procurement & Supply Chain software 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. Ivalua’s events have been consistently strong for several years now.

supply chain software solutions 46

supply chain software solutions Supply chain Procurement Supply 46

ivalua

SEPTEMBER 14, 2022

Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience. Black Swan events are expected to come at shrinking intervals, so organizations must think about where disruption will come from and how it will affect global supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcing solutions. What does a Direct Materials Sourcing solution do? See ‘ Sourcing Optimization ‘ for the sourcing of direct services such as complex logistics.

Sourcing 98

Sourcing Bidding Price Suppliers 98

Spend Matters

JUNE 19, 2023

In this article, our analyst Bertrand Maltaverne looks at sourcing optimization. What does a Sourcing Optimization solution do? Why buy a Sourcing Optimization solution Intended to yield optimal sourcing decisions in large/complex sourcing events (i.e.,

Sourcing 98

Sourcing Bidding Price Suppliers 98

Spend Matters

DECEMBER 30, 2024

Many businesses go to market for solution support within supplier management with ESG/Corporate sustainability as a primary compelling event, or driving factor. This is primarily grounded in legislative requirements (CSDDD, CSRD, EUDR, LkSG etc.),

Supply Chain Efficiency 111

Supply Chain Efficiency Supply Chain Optimization Cost of ownership Procurement 111

Spend Matters

JUNE 19, 2023

In this article, our analysts Xavier Olivera, Bertrand Maltaverne and Nikhil Gaur look at source-to-contract (S2C) solutions. What does a Source-to-Contract solution do? Top 4 Source-to-Contract tech modules What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 98

Contract Sourcing Suppliers Quality 98

Spend Matters

OCTOBER 31, 2024

A unified platform providing a single source of truth enables better collaboration, regular oversight and audit readiness. Our vision is to make TPRM a continuous, dynamic process rather than a one-time event.

Risk management 114

Risk management Risk Management Real-time Visibility 114

Spend Matters

JANUARY 23, 2025

This, given the productivity constraints of modern strategic sourcing teams, means that they often must choose between refining the assumptions and calculations in their model and doing other things, like studying the broader market, building supplier relationships or solving tactical challenges like shortages. supplier count, event size).

Price 104

Price Negotiation supply chain software solutions Supply Chain Optimization 104

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

CPO Rising

NOVEMBER 27, 2024

Join Ardent Partners and Coupa on December 11th (2 PM ET) as they discuss CPO 2025: Evaluating the Four Pillars of Strategic Sourcing.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Chief Procurement Officer Sourcing 52

Procurement Heads

JANUARY 4, 2023

Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches. Teams that look after sourcing both for our technology and our business services.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Procurement Tactics

SEPTEMBER 12, 2022

World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. Additionally, we will talk about why this event is crucial for procurement professionals. . These are some of the events that many people celebrate just like World Sustainable Procurement Day. .

Sustainability 201

Sustainability Chief Procurement Officer Procurement Supply chain 201

ivalua

FEBRUARY 13, 2020

Please visit us on our stand, or reach out to Afrika Morris if you would like to meet up with our team at the event. truly unlock the Source-to-Pay journey. For more information on the event, or to register, please click here. Here are details of Ivalua’s speaking slot. 10.30am No Compromise, Procurement Next Horizon?

Procurement 173

Procurement Supply Procurement team Innovation 173

Supply Chain Brain

SEPTEMBER 4, 2024

Nearly half of respondents (47%) believe the primary benefit to having a more diversified supply chain is reducing the risk of disruption from various events such as natural disasters.

Import 105

Import Sourcing Supply chain Risk 105

IBM Supply Chain Blog

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

Sourcing 91

Sourcing supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain 91

ivalua

JULY 14, 2022

The independent study surveyed 233 senior procurement executives from leading manufacturing companies in the US and UK about their strategic plans for optimizing sourcing and supply chain processes. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

Supply Chain Efficiency 244

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 244

Procurement Insights

APRIL 5, 2025

150$300/night, sourced from Booking.com trends), assuming 23 nights based on conference duration. from event websites, Procurement Magazine) with a 5% inflation adjustment for 2025, using practitioner rates (not investor/startup discounts). Accommodation: Mid-range hotels (e.g., $150$300/night,

supply chain budgeting 52

supply chain budgeting Procurement Supply chain Budget 52

Spend Matters

OCTOBER 31, 2024

So these real-life practical considerations also come into play for the practitioner, and finding alternative sources of supply becomes a priority. Real risk events affect where you prioritize risk “Covid taught us a lot about structured resilience plans,” says Stephen. Most firms will have a nice big ‘book’ of plans.

Risk management 114

Risk management Risk Import Real-time Visibility 114

ivalua

NOVEMBER 26, 2020

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Spend Matters

MARCH 6, 2025

Think of it as the centralized hub that simplifies engagement and empowers decision making for whatever it is youre seeking to address in the Source-to-Pay lifecycle. Here’s how: Unified access to data: Raindrop aggregates information from various sources, providing decision makers with a single source of truth.

Supply Chain Efficiency 73

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 73

Spend Matters

OCTOBER 21, 2024

During the week of September 23, I represented Spend Matters at the Amazon Business Reshape 2024 event in Dallas, Texas. The event began with an introduction by Todd Heimes, Vice President of Business Prime and Marketing, followed by Shelley Salomon, Vice President of Amazon Business.

Purchasing 111

Purchasing Inventory Supply Chain Optimization Buyers 111

ivalua

FEBRUARY 8, 2023

Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay. This way, if one supplier is impacted by a disruption, you can source goods from another supplier. Create speed and transparency.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Procurement Insights

APRIL 3, 2025

It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Thought Leadership Consistently pushes the conversation forward from autonomous sourcing to orchestration platforms. High-profile speakers (e.g.,

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Arkestro

NOVEMBER 12, 2024

Today’s procurement challenges go far beyond cost negotiations and sourcing. In response to these shifting needs, enterprise resource planning (ERP) systems and Source-to-Pay (S2P) platforms have played a pivotal role in enabling procurement teams to manage non-strategic or low-priority spend more efficiently.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Spend Matters

OCTOBER 23, 2024

As we inferred in our exploration of the types and sources of risk, risk management done well can reap rewards, just as risk management ignored can reap chaos. The breadth and depth of risk types and sources can be overwhelming for organizations and even costly if left unchecked. But there is also massive potential.

Risk management 117

Risk management Risk Management Supply chain 117

Spend Matters

NOVEMBER 15, 2023

At the event, the provider revealed several new solution features, including a relatively robust sourcing module. New features announced at Zip Forward In addition to the AI-based features it unveiled last month , Zip also introduced its new sourcing module.

Sourcing 111

Sourcing Contract Inventory Procurement 111