Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking is the process of monitoring and managing procurement activities. Procurement Tracking: Why is it Important?

Supply Chain Efficiency 178

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

Spend Matters

JANUARY 24, 2024

From mounting geo-political tensions, a global cost-of-living crisis, and changing consumer demands, to global supply chain crises, rampant Scope 3 emissions, and even a pandemic, recent years have seen the challenges to enterprise businesses grow and multiply, and this trend certainly did not slow down in 2023.

Procurement solutions 89

Procurement solutions Procurement Supply Chain Efficiency Suppliers 89

Spend Matters

DECEMBER 13, 2023

Expect more pressure on interoperability as companies engage trading partners in climate action We can expect to see unprecedented partnership and collaboration for supply chain sustainability in 2024. This exchange is not merely transactional, it’s a strategic imperative that is shaping the future of our global supply chains.

Procurement solutions 87

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 87

Spend Matters

JUNE 19, 2023

What does an E-Procurement solution do? E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. To compare product strengths and weaknesses, try Spend Matters TechMatch to directly assess the capabilities of digital procurement solutions.

Procurement solutions 88

Procurement solutions Procurement supply chain budgeting Real-time Visibility 88

ivalua

MARCH 1, 2021

Thuy Mauge is a Supply Services Manager for the Los Angeles Department of Water and Power (LADWP), the largest municipal utility in the United States, overseeing various procurement programs for Supply Chain Services (SCS) division. The post 2021 – AMER – Thuy Mauge appeared first on Ivalua.

Supply Chain Efficiency 20

Supply Chain Efficiency supply chain budgeting Procurement solutions Supply chain 20

SCMDOJO

MARCH 27, 2024

The world of supply chain management is fast-paced. Performance for Supply Chain Management Software on Mac Have you ever run sophisticated supply chain management software on Mac? Hence, you should focus on an overlooked aspect of maximizing efficiency. However, it goes beyond mere listings.

supply chain software solutions 84

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 84

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. About Ivalua.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Spend Matters

JANUARY 4, 2024

But, with increased regulation around supply chain sustainability on the way, organizations must prioritize visibility into the environmental impact of their suppliers. Procurement will continue to face the challenge of swiftly navigating disruptions and adhering to ever-changing regulatory frameworks.

Procurement solutions 98

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 98

Spend Matters

JANUARY 12, 2024

Already, the vast majority of procurement functions have mandates in place for certain kinds of certified purchasing, including half with sustainability mandates, but in 2024 those mandates will become commonplace and top priorities for procurement teams around the globe.

Procurement solutions 91

Procurement solutions Procurement supply chain budgeting Procurement team 91

ivalua

APRIL 2, 2019

Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. We look forward to contributing to their Procurement cost optimization initiative”. About Ivalua.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

Procurement Tactics

JUNE 19, 2023

Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer procurement solutions. One of the main reasons for this is that these businesses are digitalizing procurement solutions.

Procurement 201

Procurement supply chain software solutions Collaboration Procurement strategies 201

Spend Matters

JANUARY 16, 2024

As costs continue to spiral upwards and supply chain disruptions become the new norm, procurement leaders must grapple with the dual responsibility of achieving cost savings while considering broader strategic initiatives, such as risk management, sustainability and nurturing vital supplier relationships.

Procurement solutions 84

Procurement solutions Procurement Spend management Supply Chain Optimization 84

Spend Matters

JANUARY 8, 2024

This is where AI can come into its own, allowing procurement to establish full price transparency and scrutinize vendor requests to determine whether price increases were overly inflated. Clients strive to position themselves as ‘customers of choice,’ a strategic move aimed at strengthening their supply chains.

Procurement solutions 74

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 74

Spend Matters

JANUARY 2, 2024

Across diverse industries, enterprises should assess where AI can bring the most value and strategize its integration to truly enhance efficiency. For instance, within global supply chains — a realm ripe for improvement despite its current resilience — AI can be a game-changer, especially within the procurement function.

Procurement solutions 77

Procurement solutions Procurement Supply Chain Efficiency Procurement team 77

Spend Matters

JANUARY 23, 2024

In this evolving scenario, our response will be multi-faceted: embracing technological advances for better data-driven decision making, aligning with global ESG standards, and fostering a supply chain that reflects the diversity of the consumer base and communities. You can read our in-depth analysis of Supplier.io’s solution here.

Procurement solutions 87

Procurement solutions Procurement Procurement strategies Suppliers 87

Spend Matters

JANUARY 11, 2024

In 2024, procurement organizations will be more strategic to the business because of the central role they play in managing supplier relationships and, therefore, supplier risks. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 79

Procurement solutions Procurement Risk management Procurement team 79

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics.

Procurement solutions 87

Procurement solutions Procurement e2e Real-time Visibility 87

Procurement Tactics

OCTOBER 18, 2022

SRM is usually used by many supply chain professionals who constantly deal with suppliers in areas such as procurement, project management, and operations. . The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Spend Matters

JANUARY 25, 2024

I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. At SAP, we are already evaluating further ways to embed generative AI and analytics into solutions throughout our SAP Ariba portfolio to help make our customers’ business lives easier than ever.

Procurement solutions 74

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 74

ivalua

JUNE 29, 2022

Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supply chain to assess and measure green credentials regularly. Measure suppliers on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

Spend Matters

OCTOBER 24, 2023

Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement. The Onventis network serves as a secure and efficient conduit, connecting the intricate business processes of both buyers and suppliers across the globe. “As

Procurement solutions 92

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 92

Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 76

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 76

Procurement Templates

NOVEMBER 21, 2024

SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., SAP, Oracle) Procurement software (e.g., Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. LEED Green Associate).

Agile and Lean Supply Chain 130

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

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. This helps the system to respond more accurately to queries.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 87

Spend Matters

JANUARY 22, 2024

One of the standout trends within this paradigm shift is the focus on supplier collaboration in bolstering ESG practices across the supply chain. Enterprises are actively mapping supply chain links and dependencies, understanding that sustainable practices are only as strong as their weakest link.

Procurement solutions 67

Procurement solutions Procurement Supply Chain Efficiency Sustainability 67

Empowering CPO

MAY 5, 2023

Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency. Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success.

Supply Chain Efficiency 52

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

Spend Matters

DECEMBER 18, 2023

So while I know that using technology such as GenAI will be used widely to improve efficiencies, save time and possibly people, what I really hope for in 2024 is a focus on data quality, people, process and then technology. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 78

Procurement solutions Procurement Supply Chain Efficiency Quality 78

ivalua

APRIL 2, 2019

Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. We look forward to contributing to their Procurement cost optimization initiative”. About Ivalua.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Tactics

JULY 21, 2022

Procurement portals have shaped supply chain management drastically. It is one of the most useful and popular solutions for digital transformation. . The procurement portal’s functionality lets two complex business processes be optimized and streamlined. What is a procurement portal? What is e-procurement?

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

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. Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners.

Real-time Visibility 105

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 105

ivalua

NOVEMBER 3, 2021

With Ivalua, Ahlsell was able to highly automate and standardize the process of negotiating contracts with several suppliers at the same time, delivering an unparalleled level of efficiency and benefits. “We Provide a consumer-like experience for procurement stakeholders. Breaking New Ground to Gain a Competitive Edge.

Procurement 130

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

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

SEPTEMBER 20, 2021

Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes. Learn more at www.ivalua.com. About Durvah.

Contract 130

Contract Collaboration Sourcing Contract management 130

Spend Matters

SEPTEMBER 14, 2023

This week we spoke with Baber Farooq, Senior Vice President and Head of Market Strategy for SAP Procurement Solutions. Over the last few years, life has been an adventure for procurement professionals. Are you witnessing a shift in demand towards more ESG and supply chain risk capabilities?

Procurement 106

Procurement Supply Chain Efficiency Category management e2e 106

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Subscribe Here! Email Address. Don’t Panic! Source: Deloitte CPO Survey 2019. Publications.

Procurement 90

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

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. Discover everything you need to know about these accolades here, including who is on them. What is the road ahead for Halo Ai?

Supply Chain Efficiency 94

Supply Chain Efficiency Risk management Real-time Visibility Ethics 94