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Innovation Procurement Real-time Visibility 
Spend Matters
OCTOBER 31, 2024
Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.
Jaggaer
OCTOBER 24, 2024
Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Spend Matters
NOVEMBER 7, 2024
Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.
SCMDOJO
FEBRUARY 16, 2025
However, the next wave of AI innovation is here: autonomous AI agents. The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting.
SCMDOJO
NOVEMBER 20, 2024
Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Inventory Levels Excess inventory that is not moving.
98 
ivalua
JULY 15, 2020
In our latest study of UK-based procurement, supply chain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak. Lack of visibility hindering sustainability progress. Procurement needs to get smarter. View infographic.
ivalua
MARCH 28, 2019
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? The huge growth in the use of technology has been the most visible part of that developing picture.
167 
Procurement Insights
JANUARY 3, 2025
It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.
Procurement Tactics
JANUARY 23, 2023
Procurement success in 2023 with our Strategy Course Download Course Details → Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.
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.
Jaggaer
FEBRUARY 28, 2025
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth.
Procurement Insights
MARCH 25, 2025
PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.
Spend Matters
MARCH 11, 2024
At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.
ivalua
JUNE 4, 2020
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.
Procurement Tactics
JUNE 19, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. CERTIFICATE COURSES Related courses about this subject 1.
193 
Procurement Insights
APRIL 3, 2025
MODEL #1 DPW (Digital Procurement World) is widely recognized as one of the most influential platforms in the digital procurement space. It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Positive Aspects of DPW 1.
52 
Procurement Templates
JUNE 18, 2023
ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. Money buys less than before How should procurement manage inflation?
130 
ivalua
JANUARY 12, 2023
As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability. Data Insight Strategy.
130 
Jaggaer
APRIL 3, 2025
A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Procurement leaders recognize the imperative in front of them, but what does it mean for the future skills profile of the profession?
52 
ivalua
MAY 6, 2021
The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. 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.
Procurement Heads
OCTOBER 12, 2022
I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. The first thing I did was to strengthen the management of the procurement team. What does procurement mean to you and Currys? Tell us about your role.
ivalua
JUNE 29, 2020
I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data.
Jaggaer
OCTOBER 24, 2024
Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.
ivalua
FEBRUARY 24, 2021
The release includes a broad set of innovations to help organizations better manage their spend and suppliers. In 2020, Ivalua was named a Leader in the 2020 Gartner “ Magic Quadrant for Procure-to-Pay Suites ” and by Forrester Research Inc. Specific release highlights include: Supplier Management Innovations: .
Supply Chain Game Changer
SEPTEMBER 5, 2022
Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.
ivalua
JANUARY 24, 2022
How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation.
130 
Una
AUGUST 17, 2022
This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. This shape represents your entire procurement spend. It's decentralized by buyers in the business (not procurement people). Taming Tail Spend. Next is the tail.
Procurement Insights
NOVEMBER 21, 2023
EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. I obviously think what EiKO is doing regarding process visibility is great – kudos to the company for its progressive customer-centric thinking.
86 
ivalua
NOVEMBER 10, 2020
Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Step 2: Use e Procurement systems for vendor relationships .
130 
Supply Chain Game Changer
OCTOBER 5, 2022
The Control Tower – Is Yours Real or Smoke and Mirrors? In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. Then and Now: The notion of visibility and “control”. Subscribe Here! Email Address.
Planergy
FEBRUARY 24, 2025
Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?
52 
ivalua
JUNE 1, 2022
Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Suppliers can support company growth as part of the Amrest procurement journey. In some of Amrest’s categories they are very experienced or have specialists looking at innovation. Part of the Solution.
ivalua
JULY 8, 2020
As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing. Supplier Data Quality & Management in Decision Making.
Jaggaer
FEBRUARY 5, 2025
These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Getting buy in is essential.
Procurement Tactics
DECEMBER 21, 2022
33 Procurement Interview Questions in 2023. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Download Whitepaper →. .
199 
Procurement Insights
MARCH 17, 2025
I received an email a few moments ago with the headline – NEWS: Beroe Acquires nnamu to Turbocharge Procurement Negotiations with Game Theory and AI. Anyone who has followed the Procurement Insights blog for any length of time knows I love to ask questions and am voracious about gaining new insights.
52 
ivalua
JUNE 29, 2021
Furthermore, the Covid-19 crisis has led to the realization that paying suppliers on time, no matter where they are, is critical to maintaining a strong and reliable supply chain and a preferred customer status. All within the same automated workflow, tightly linked to the invoice and procure-to-pay process.
TYA Suite
NOVEMBER 15, 2024
In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.
TYA Suite
JANUARY 27, 2025
In the dynamic landscape of procurement, efficiency, transparency, and collaboration are paramount. One innovative feature gaining traction in these systems is the concept of community approvers. Where approval workflows can be customized to involve specific members or groups based on the nature or value of the procurement request.
40 
Una
OCTOBER 25, 2022
How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022.
ivalua
AUGUST 16, 2022
The report explains that: “Scope 3 emissions reduction is a key challenge for companies, often due to a lack of visibility and monitoring of suppliers’ data. Companies also face engagement gaps between their suppliers and procurement teams.”. But time is of the essence for organizations. Collaborate to innovate.
Let's Talk Supply Chain
MARCH 2, 2025
Key Strategies for Navigating Tariff Turmoil: Utilize Data Analytics: Leverage advanced analytics tools to gain deep visibility into supply chain dynamics and identify potential areas of vulnerability. By incorporating real-time market data and supplier performance metrics , organizations can gain a competitive edge in volatile environments.
Spend Matters
MARCH 25, 2024
We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.
ivalua
SEPTEMBER 2, 2020
Industry best practice procurement capabilities now available for rapid deployment to improve margins. Redwood City, CA September 2, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged procurement suite for construction and engineering companies.
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