Spend Matters

OCTOBER 3, 2024

The appetite for third-party risk management (TPRM) within procurement and the supply chain is keener than ever before — risks are more numerous and complex in what is an increasingly fast-paced and global business environment. Read our analysis: Risk is complex — The different types and sources of risk.)

Risk 111

Risk Risk management Supply Chain Efficiency supply chain software solutions 111

Procurement Insights

APRIL 4, 2025

Below is a ranking from highest to lowest focus on procurement and supply chain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis. While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption. Continuously monitor changes – Nothing has changed with this recommendation.

Agile and Lean Supply Chain 264

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

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Arkestro

DECEMBER 5, 2024

This is especially true as many manufacturing procurement departments struggle with exactitude, efficiency, and unforeseen events that keep them from meeting their goals. This process ultimately leads to faster delivery times, more significant cost savings, and improved supply chain resilience.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

ivalua

FEBRUARY 24, 2021

Procurement Agility: According to Sawchcuk, agility defines your capability as an organization to react to any event. From a risk standpoint, you must be able to react in a way that prevents the event from having a material impact on the business,” he said. But there’s also a need for predictive capabilities.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Let's Talk Supply Chain

MARCH 2, 2025

Key Takeaways from the Institute for Supply Management news Amidst the latest developments in the world of supply chain, one significant event that caught the attention of many was the resolution of the Boeing machinists’ strike.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 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

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

Supply Chain Visibility 98

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

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. There’s a much bigger dividend to obtain by automating the most boring, mundane tasks of your top sourcing professionals.” .

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Strategic Sourceror

JULY 24, 2022

In addition, the shortages experienced within the supply chain in the last two years are likely to be dealt with in the near future, albeit that consumer demand for certain goods and services has also slowed, the news source said. Brought to you by the StrategicSourceror.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

Procurement Tactics

JANUARY 13, 2023

Click here to enquire and check for their upcoming events, especially the 6th Annual Chief Procurement Officers Summit 2023. If you wish to go to this forum, then click here to enquire about the event. However, the pre-event begins in the afternoon of February 6. . Supply Chain USA 2023. Supply chain operations.

Procurement 159

Procurement Chief Procurement Officer Agile and Lean Supply Chain Supply chain 159

Supply Chain Game Changer

JULY 27, 2021

According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. “ SAP insights states that “a resilient supply chain is defined by its capacity for resistance and recovery. Source: www2.deloitte.com.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

ivalua

JUNE 15, 2022

The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Körber + Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Strategic Sourceror

OCTOBER 27, 2022

Shoring up staff is a good way to increase supply chain resiliency, which companies are trying to do more of today to ensure theirs has what it takes to stay together when it's taxed in the future. Brought to you by the StrategicSourceror.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. What is Procurement?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 2, 2022

In fact, 89% of businesses encountered a supplier risk event in the last five years. That’s where supply chain risk management software comes in. Nearly 53% of executives reported that the cost of these events had increased over the previous three years, with 13% claiming a significant increase.

Risk management 96

Risk management supply chain software solutions Risk Management 96

Spend Matters

OCTOBER 24, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. The focal point of our efforts remains source-to-pay automation, particularly in operational and tactical areas.

Procurement solutions 111

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 111

Let's Talk Supply Chain

MARCH 20, 2025

Supply chain resilience and innovation to quickly respond to market disruption are more critical than ever amidst ongoing regulatory changes and geopolitical tensions. If you work in supply chain then you know that as long as theyve been around, theyve traditionally been used as a way to protect domestic industries.

Supply chain 52

Supply chain Innovation Leadership Supply 52

TYA Suite

NOVEMBER 15, 2024

Effective supplier risk management involves staying informed about global events and their potential impact on your suppliers. Events such as hurricanes or floods can halt production and logistics, while stricter environmental laws can require suppliers to make costly adjustments.

Risk management 40

Risk management Risk Suppliers Strategy 40

Arkestro

APRIL 2, 2024

The fluctuating economic landscape has forced many procurement departments to reassess and diversify their sourcing strategies to maintain supply chain resilience. While the hurdles appear formidable, this report outlines what well-prepared procurement teams stand to benefit in this environment.

Procurement 52

Procurement Chief Procurement Officer Procurement team Buyers 52

Arkestro

JANUARY 9, 2024

Federal and global regulations are forcing manufacturers to make fundamental changes in the way they source materials, use energy, and more. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. Conduct risk assessments. Increase real-time visibility.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

The Procuretech Podcast

JUNE 18, 2024

Highlighting 25 innovative European-based procurement startups, the episode provides valuable insights into emerging players who don't necessarily have the marketing presence and events budget of larger companies. We explore: Apadua offers AI-powered sourcing solutions for professional services.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Eprocurement 40

Zycus Cognitive Procurement

DECEMBER 9, 2020

The challenge will be to make the supply chain resilient, better manage supplier risks without lowering profitability, and competitive advantage. When your supplier relations and supply chain grow globally, the complexity and the variables companies would need to monitor increase multifold. Source : [link] ).

Risk management 52

Risk management Risk Suppliers Management 52

Finale Inventory

AUGUST 28, 2024

This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Arkestro

DECEMBER 12, 2022

One of the biggest challenges facing pharmaceutical procurement teams is sourcing materials in a global market that constantly shifts based on geographic factors. Shipments from a country that was the preferred source for an ingredient may be subject to tariffs that dramatically raise costs beyond planned schedules.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Arkestro

OCTOBER 3, 2024

Another example is the requirement supporting localized sourcing content from the USMCA (United States-Mexico-Canada Trade Agreement). Overall, procurement has seen more requirements around tracking raw materials and origin throughout the supply chain. As the adage goes, necessity is the mother of invention.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Procurement Software

APRIL 2, 2024

Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface. Niche Category Specific Numerous category specific software, ranging from freight tendering platforms, through to print and promotional items, professional services sourcing, to MRO and spare parts management.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

World of Procurement blog

MAY 8, 2024

It reduces vulnerabilities and exposure to events like natural disasters, geopolitical changes, and cyberattacks. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Accurate demand forecasts enable effective supply chain planning.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Procurement Insights

AUGUST 13, 2024

This may involve adjusting order quantities, prioritizing certain shipments, or sourcing products from alternative suppliers who can deliver via different transport modes. This would be particularly impactful during key sales periods, such as the holiday season or major events.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 40

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. To avoid shortages, conduct supply chain risk assessments regularly. How to gain visibility and control of your indirect spend.

supply chain software solutions 52

supply chain software solutions Risk supply chain budgeting Supply Chain Efficiency 52

Empowering CPO

JUNE 27, 2023

Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities. This enables better analysis, identification of trends, and informed decision-making.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40