Spend Matters

JANUARY 7, 2025

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.

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supply chain software solutions Supply Chain Efficiency Procurement Raw materials 114

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution.

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

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

SCMDOJO

FEBRUARY 16, 2025

This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. Agentic AI takes this a step further by enabling autonomous supply chain systems. Enhances AI-driven supply chain resilience. Here are some leading innovators in this space: 1.

Supply Chain Efficiency 73

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 73

Arkestro

DECEMBER 5, 2024

It leverages advanced technologies to optimize and automate procurement cycles and predict more favorable outcomes. Its real-time insights allow procurement teams to respond swiftly and effectively to changing market conditions and component availability.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply Chain Efficiency Supply chain resilience 52

Spend Matters

MARCH 12, 2025

Nearshoring and ally-shoring arent just buzzwords anymore; theyve shot to the top of the agenda for anyone trying to keep supply chains resilient and businesses competitive. And one way to do that is to rethink where organizations source from. Thats where discovery tools like Forestreets platform come into play.

Suppliers 76

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 76

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. No spam, just relevant procurement news and tips. trillion , a 9.3%

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Jaggaer

FEBRUARY 5, 2025

Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment. It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. What is Source-to-Pay?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. We’re seeing a lot of interest in ESG, specifically on the topic of measuring and managing carbon emissions,” he said. “At

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Subscribe Here!

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Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

Spend Matters

SEPTEMBER 19, 2023

In September 2017, Hurricane Maria battered the Caribbean Island of Puerto Rico, knocking out the main production facility of Baxter International, which supplies 41% of the saline solution used in the United States, leading to widespread shortages in hospitals across the country.

Supply chain 111

Supply chain Supply chain resilience Supply Risk 111

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 at a Glance…. 2B EUR Revenue in 2021.

Supply Chain Efficiency 130

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

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills? The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 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.

supply chain software solutions 130

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

ivalua

APRIL 27, 2023

“They’re finally making some inroads towards modernizing their supply chains, much like the consumer-facing entities had to do decades ago.” Vishal Patel, Vice President of Product Marketing at Ivalua, was also present during the webinar, and he added his thoughts on Procurement’s role in supporting ESG initiatives.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

JANUARY 31, 2022

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).

Procurement 130

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

Arkestro

JANUARY 4, 2023

Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey. Procurement has had massive challenges and targets over the past year: Managing inflation. Ensuring continuity of supply. Reducing supplier risk.

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Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Agile and Lean Supply Chain 130

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

Procurement Tactics

JUNE 7, 2023

It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. It provides a digital platform for managing various aspects of the supplier relationship , such as sharing information, coordinating activities, exchanging documents, tracking performance, and resolving issues.

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supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules.

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

Arkestro

JANUARY 9, 2024

As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more. In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Heads

DECEMBER 15, 2022

I’ve been in procurement for such a long time now. I took a job at Digital, which became Compaq and Hewlett Packard, in the supply chain team, managing the inventory for the organisation. Also, a lot of contract management and supplier relationship management. I originally got into it by accident.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Understanding Procurement Risk A. Introduction A.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology.

Procurement 52

Procurement Chief Procurement Officer Procurement team Buyers 52

Value Match

FEBRUARY 23, 2023

The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. However, what can we do as procurement professionals to help? Monitor and adapt: Procurement teams should monitor the changing risks and adapt their strategies accordingly.

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Procurement team supply chain software solutions Supply chain resilience Bidding 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. No spam, just relevant procurement news and tips. It’s anything but easy to manage.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Procurement Leaders

JUNE 13, 2022

As a public funded project, supply chain transparency is critical. This includes the procurement of materials, where they come from, and the conditions in which they were produced. To address supply chain transparency, a new initiative, “SCM+”, was developed in the second quarter of 2021. Develop the supply chain.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Arkestro

MAY 30, 2022

However, it makes the point that digital acceleration should be a key goal for procurement teams across a wide range of industries. Critical suppliers are deeply integrated with day-to-day operations, and it is the successful management of these suppliers that delivers a competitive advantage leading to greater business impact.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Arkestro

DECEMBER 12, 2022

During the pandemic, healthcare needed to treat people with COVID-19, and the pharmaceutical industry had to increase the production and distribution of medical supplies and vaccines. What Are the Biggest Procurement Challenges in Health and Pharma? Managing Supplier Relationships. Managing risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

HICX

MAY 12, 2023

Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.” For example, the master data is now in place and they have managed to eliminate over 1,000 spreadsheets and reports over the past three years.  He gives an example in the area of supply chain resilience.

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e2e Real-time Visibility Supply chain resilience Supply chain 52

Supply Chain Game Changer

APRIL 15, 2020

Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Sometimes, digitalization requires change management, process shifts, and organizational restructuring.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Jaggaer

JUNE 28, 2024

The reason being quite simply that there is so much else going on in our organizations and in the world at large that’s grabbing our attention: supply chain disruptions, supplier value management, risk factors, finding the right balance between savings and lead times and, last but not least, sustainability, in particular reducing carbon footprint.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

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Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52