Spend Matters

DECEMBER 23, 2024

How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders. By automating routine tasks, procurement teams can focus on strategic initiatives, which appeals to CFOs and finance teams.

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

Procurement Templates

DECEMBER 11, 2024

Sustainability and Compliance: Ensure procurement activities align with environmental, social, and governance (ESG) standards and regulatory compliance. Process Efficiency: Streamline procurement processes through automation, reducing lead times and operational costs. Cut the waffle and get to the point.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Procurement Leaders

JUNE 13, 2022

was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

ivalua

OCTOBER 18, 2022

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

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.

supply chain software solutions 114

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 114

ivalua

MAY 6, 2020

How an agile Supply Chain drives a sustainable competitive advantage. As companies reassess their supply chains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. Zara’s Supply Chain Approach. Zara & fast-fashion.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 37

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua. Markus Leutert.

Supply Chain Efficiency 130

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

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages.

Procurement team 130

Procurement team Supply Chain Efficiency supply chain software solutions Procurement 130

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. .

Suppliers 246

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

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

APRIL 17, 2025

The AI Leadership Guide for Procurement breaks down AI adoption into three tiers quick wins, mid-level optimizations, high-impact transformations to help pinpoint the right starting place and position you for long-term success. Take spend analytics, for example. When used thoughtfully, AI isnt just an automation tool.

Strategy 84

Strategy Real-time Visibility Procurement Procurement team 84

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Spend Matters

MARCH 25, 2025

Identifying key stakeholders Procurement operates within a complex ecosystem where multiple internal and external stakeholders hold different levels of influence. Internally, procurement teams must collaborate closely with finance, IT, legal and operational leadership, each with distinct priorities and decision-making authority.

Stakeholder engagement 86

Stakeholder engagement Management Procurement Influencing 86

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…. Körber at a Glance….

Supply Chain Efficiency 130

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

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. For example, below are 5 reasons why procurement folks should attend S&OP Reviews.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Spend Matters

APRIL 15, 2025

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

Real-time Visibility 67

Real-time Visibility Procurement e2e Supply Chain Efficiency 67

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. In fact, the pandemic spurred enormous growth and expansion for Procurement, while helping uncover hidden weaknesses in procurement processes and procedures. Why is visibility so important?

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Brain

JANUARY 20, 2021

COVID-19 was a wakeup call for procurement teams who failed to invest in the tools and resources necessary to protect their supply chains.

Supply Chain Efficiency 137

Supply Chain Efficiency Networking Procurement team Supply 137

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

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Transparency, or ability to scale data, across an organization.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Procurement Tactics

JULY 19, 2023

Warehouse management means managing and controlling everything that happens in a warehouse to handle goods efficiently. A recent study conducted by Oracle revealed that a staggering 82% of American consumers express concern over the potential impact of supply chain disruptions, such as delivery delays. However, what is it?

Supply Chain Optimization 170

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 170

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

ivalua

FEBRUARY 10, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. 8 Steps to Improve Procurement Efficiency. Establish clear expectations for your supply base.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Skill Dynamics

JANUARY 16, 2025

7 Key Benefits of a Process Audit Report Process audit reports are useful for procurement professionals for several reasons: 1. As a result, teams achieve greater productivity and efficiency. We hope you can leverage the insights above to begin an audit report within your procurement function.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization Suppliers 52

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Staying on top of the ever-changing procurement landscape in 2025 is paramount to staying competitive. trillion , a 9.3% increase from 2024.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

MARCH 24, 2021

Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain. To foster inter-enterprise collaboration, best-in-class procurement teams are implementing cloud-based technologies that support workflow-enabled processes.

Supply Chain Efficiency 130

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

Spend Matters

MARCH 6, 2025

In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.

Supply Chain Efficiency 70

Supply Chain Efficiency Procurement Chief Procurement Officer Stakeholder engagement 70

Jaggaer

MARCH 7, 2025

In an era where digital transformation is reshaping industries, government procurement is no exception. Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency.

Supply Chain Efficiency 52

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

Jaggaer

NOVEMBER 14, 2024

Digital Tools: The Key to Unlocking Value A major reason why many manufacturers have not fully realized the potential of procurement is the lack of appropriate digital tools. An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Jaggaer

MARCH 24, 2025

Impact on Procurement: Gen AI leverages vast datasets to generate actionable insights, helping procurement teams predict future trends, such as market shifts, supplier performance, and demand fluctuations. How JAGGAER Helps JAGGAERs ESG solutions help procurement teams integrate sustainability into their sourcing strategies.

Procurement 52

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

ivalua

DECEMBER 3, 2021

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. Taking action today.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Skill Dynamics

JANUARY 14, 2025

Procurement is often an overlooked area within organizations, working behind the scenes to ensure businesses have the goods and services they need to operate at their best. Considering its importance, it makes sense that modern procurement teams have a structured approach to developing essential skills and capabilities.

Procurement 59

Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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