Procurement Software

JANUARY 26, 2025

Visibility and Transparency Heightened demands for supply chain visibility propel investments in technologies that enhance transparency across procurement processes. This transparency not only mitigates risks but also fosters trust and collaboration with suppliers, paving the way for agile and resilient supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Skill Dynamics

OCTOBER 19, 2023

Effective role-based training for sourcing managers therefore includes training that sharpens their strategic thinking, supplier assessment, and market analysis skills. Contract negotiators, on the other hand, have a focus on drafting, reviewing, and negotiating contracts. Efficient and streamlined supply chain operations.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 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.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Procurement Software

MAY 9, 2022

It provides a means to better monitor, spot, and address supplier-related risks. Many of today’s SRM software solutions include risk management, compliance management, and due diligence capabilities/functionality. Increased Negotiation Power. Lack of compliance among suppliers can cause loss of brand value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

It provides a means to better monitor, spot, and address supplier-related risks. Many of today’s SRM software solutions include risk management, compliance management, and due diligence capabilities/functionality. Increased Negotiation Power. Lack of compliance among suppliers can cause loss of brand value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Contracts management is vital to avoid cost leakage. Ensure supply continuity This was number 1 on the 2023 list of priorities.

Supply Chain Optimization 52

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

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

The Procuretech Podcast

JUNE 11, 2024

We explore Focal Point offers intake, project management and procurement performance; Lavenir AI offers ongoing, virtual negotiation training practice; Raindrop is a complete spend management suite built on modern technology; FRDM focuses on supply chain risk management; LUPR leverages Salesforce data for SRM.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Supply Chain Visibility 40

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., delivery reliability”), but is that really “supply chain thinking”? percentage of second-tier suppliers who follow a certain risk management or IT standard”).

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Una

JUNE 5, 2024

A Gartner deep-dive into this topic advises organizations to: Identify and assess supply chain risks: Examine both internal and external risks, including those from customers, suppliers, regulators, and other stakeholders. Utilize risk management expertise to understand risk appetite and reporting.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

World of Procurement blog

MAY 8, 2024

Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Accurate demand forecasts enable effective supply chain planning. Careful supplier selection and supplier relationship management are key.

Agile and Lean Supply Chain 40

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

Procurement Software

MARCH 5, 2024

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

SCMDOJO

MARCH 28, 2025

Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Big data also plays a crucial role in risk management and disruption prediction.

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52