Spend Matters

DECEMBER 11, 2024

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

Supply Chain Optimization 110

Supply Chain Optimization Management Supply chain resilience Supply Chain Efficiency 110

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.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Procurement Tactics

DECEMBER 5, 2022

Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is. We will discuss why companies are starting to source in India. We will also show you some sourcing companies that you can trust. .

Sourcing 182

Sourcing Quality Suppliers Price 182

ProcurePort

NOVEMBER 2, 2023

Procurement Sourcing Overview: Procurement sourcing is finding and choosing suppliers to get things an organization needs. Importance and Strategies: Good procurement sourcing saves money, ensures quality, reduces risk, and allows for innovation. appeared first on ProcurePort Blog.

Sourcing 130

Sourcing Procurement Leadership Negotiation 130

Supply Chain Queen

FEBRUARY 27, 2024

In Episode 73, host Sheri Hinish delves into bestseller, "From Source to Sold” and offers an inside look at the real-world experiences and valuable lessons of supply chain experts, industry leaders, and disruptive innovators.

Innovation 130

Innovation Supply chain Sourcing Strategy 130

Jaggaer

MARCH 21, 2025

A Letter from CEO Andy Hovancik Our JAGGAER commitment has never been stronger and we are devoting our resources to driving innovation and product excellence by increasing investments in cutting-edge technologies, research, and development. Were continuing our innovation-driven investment approach across people, process, and technology.

Innovation 52

Innovation Sustainability Leadership Procurement team 52

Spend Matters

JANUARY 8, 2025

This Spend Matters Vendor Analysis provides an overview of Zip and its solution for intake, orchestration and source to pay (S2P). As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources.

Market analysis 111

Market analysis Procurement team Sourcing Buyers 111

Spend Matters

NOVEMBER 19, 2024

He has spent about 20 years in supply chain and procurement, was involved in the sourcing of sustainable cocoa and confection for Unilever’s Ice cream brands and procured premium packaging and chemicals for Unilever’s Beauty and Wellbeing business. Risk mitigation requires strategic thought and conscious choices on sourcing.

Risk 111

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 111

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Let's Talk Supply Chain

MARCH 3, 2025

In a dynamic world where innovation is the‍ key to success, Walmart stands at the forefront of cutting-edge supply chain management. By forging new partnerships and embracing transformative technologies, walmart is revolutionizing the way goods are sourced, transported, and delivered.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

CPO Rising

MARCH 3, 2025

Recently, Ive talked about the need to manage and source more spend and source it more frequently. And last year, I wrote an article about innovations in sourcing and how… The post Magnus Mondays Do We Need a Sourcing Toolbox?

Chief Procurement Officer 52

Chief Procurement Officer Sourcing Innovation Supply management 52

ProcurePort

APRIL 1, 2024

In today’s fast-paced business environment, maintaining a competitive edge requires innovation and efficiency. Businesses can improve operations by using e-sourcing software for procurement. Let’s delve deeper into how e-sourcing software can revolutionize procurement processes and drive bottom-line growth.

Sourcing 130

Sourcing Suppliers Innovation Procurement 130

Skill Dynamics

JANUARY 23, 2025

In the same way that a solid supply chain is the cornerstone of business efficiency and effectiveness, investing in supply chain innovation technology can help improve your business processes and cost margins while giving you a strong advantage over your competitors.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Innovation 52

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

Spend Matters

JUNE 19, 2024

Earlier this week, 16-18 June, ESOMAR hosted its conference, The Art of Science and Innovation , in Chicago, Illinois. The key themes of the conference were ongoing innovations such as AI and actionable analytics. The post The ‘Art of Science and Innovation’ — ESOMAR event key takeaways appeared first on Spend Matters.

Innovation 111

Innovation Import Data Sourcing 111

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Spend Matters

OCTOBER 31, 2024

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120

Procurement Insights

MARCH 6, 2025

To better understand the pros and cons of a GenerativeAI Gartner Magic Quadrant Mock-up, you must first understand the pros and cons of the original source, e.g., quantifying how far the AI apple actually falls from its tree or original source. Exclusion of Innovators What: Strict eligibility criteria (e.g.,

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

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. The recent onslaught of tariff hikes is forcing business leaders to reevaluate sourcing strategies. Tariffs are nothing new. So, whats changed?

Supply chain 52

Supply chain Innovation Leadership Supply 52

Spend Matters

OCTOBER 29, 2024

These lists mark the 11 th year in which Spend Matters highlights the best in procurement technology development and innovation. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

supply chain software solutions 114

supply chain software solutions Supply chain Procurement Innovation 114

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. In order to establish a unified and consistent source-to-pay process throughout the entire Group, Körber was looking for a fully integrated e-procurement solution. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Discuss bottlenecks in the supply of raw materials or alternate sources to procure balance and level production plans.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Spend Matters

FEBRUARY 5, 2025

Procurement has evolved from a back-office function to a strategic driver of innovation and value. The case for procurements digital transformation As mentioned, the relationship between digital enablement and procurement performance (efficiency, effectiveness, innovation) is clear.

Procurement 112

Procurement Change management Strategy supply chain budgeting 112

Let's Talk Supply Chain

FEBRUARY 20, 2025

Heading 1: GM’s Strategic Approach to Tariff‍ Mitigation GM is taking a strategic approach to mitigate the impact of tariffs, focusing on innovation and flexibility to navigate through challenges. One key aspect of GM’s tariff mitigation strategy has been the implementation of innovative supply chain solutions.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply Chain Optimization 98

ivalua

APRIL 15, 2020

Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. The technological innovations coming this year that will help leaders transform faster and further. Redwood City, CA. to a virtual event, taking place on May 5 and 6, 2020.

Procurement 43

Procurement Innovation Supply chain Spend management 43

Spend Matters

NOVEMBER 7, 2024

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

Let's Talk Supply Chain

MARCH 4, 2025

Heading 1: Sparking Collaboration for Dental Supply Chain innovation Torch Dental and New Jersey Dental Association have joined forces in an exciting partnership aimed at revolutionizing the dental supply chain industry.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Supply chain Collaboration 52

Spend Matters

OCTOBER 31, 2024

To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative application of technology. Also, its approach could potentially change how the traditional sourcing process is executed.

Buyers 114

Buyers Raw materials Networking Suppliers 114

Spend Matters

MARCH 11, 2024

So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. PSI is a good place not only to hear from but to meet the innovators in this space, not just the developers and service providers but the people who interact with them. Make sure you understand every intervention.

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

ivalua

JUNE 14, 2023

As an industry analyst, he researched and advised organizations in various industries​ on best ​and innovative practices, digitization and optimization. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

Let's Talk Supply Chain

FEBRUARY 20, 2025

Join us on a journey through Mattel’s savvy maneuvers and innovative approaches in the ever-evolving landscape of international commerce. Foster Innovation: Collaborating with global partners brings fresh perspectives and ideas to the table, fostering innovation and enhancing product development capabilities.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation. See you soon!

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Spend Matters

FEBRUARY 13, 2025

That placed new commitments on the company in addition to all of the other challenges everyone was facing at the time such as a focus on growth, innovation and operational excellence. Utzs Procurement team had never focused on influencing budget owners in the corporate services area to strategically source their categories.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

ivalua

APRIL 23, 2020

While there will be sessions featuring customers at various stages of their digital transformations, the focus is on stories from more advanced organizations that have established Procurement as a strategic business partner through innovative ways.

supply chain software solutions 46

supply chain software solutions Supply chain Procurement Supply 46

Procurement Tactics

AUGUST 25, 2022

He has been with Fannie Mae, the Federal National Mortgage Association, for nine years where he currently leads the strategic sourcing and category management group addressing a $5 billion spend portfolio. . He is a member of the advisory board for the world’s premiere global association for sourcing and procurement professionals.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231