Jaggaer

MARCH 24, 2025

Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks. Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Procurement Insights

MARCH 16, 2025

How Procurement Professionals Use or Interact with Model Context Protocol (MCP) Procurement professionals interact with AI models that utilize Model Context Protocol (MCP) in various ways, especially within digital procurement platforms, supplier management systems, and spend analytics tools.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. The platform aimed to eliminate inefficiencies, reduce costs, and enhance communication through a suite of collaborative commerce tools.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 28, 2023

Tracking Key Performance Indicators (KPIs), conducting supplier evaluations , and maintaining supplier scorecards can be a part of this process. It also ensures that the procurement process is aligned with financial targets and objectives. These include purchase management, expense filing, and workflow automation.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

SCMDOJO

JULY 3, 2023

This blog intends to assist you through the labyrinth of procurement training by pointing out the most reliable courses that fit your objectives and aspirations and hence act as your compass in the realm of procurement training, whether you’re hoping to break into the sector, looking to up skill, or yearning for promotion chances.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

TYA Suite

AUGUST 26, 2024

Often overlooked in strategic planning, procurement management can significantly impact a company's bottom line. With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity. is crucial for small and medium-sized businesses to ensure a reliable supply chain.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

Procurement Software

MARCH 11, 2022

Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. This is usually measured against budget standard costs, which are based on last price paid or moving average price. But such a large sum from one negotiation or tender is virtually unheard of in many indirect categories.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52