SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Helps businesses drive cost savings and mitigate procurement risks.

Supply Chain Efficiency 73

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

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance. Scalability.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing. Supplier Data Quality & Management in Decision Making.

Agile and Lean Supply Chain 26

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

TYA Suite

JANUARY 27, 2025

Managing procurement manually can be fraught with challenges such as delays, human errors, and lack of visibility. Enter procurement management software, a game-changer that can streamline and optimize the entire. The typical procurement cycle includes: Determining the products or services required.

Real-time Visibility 40

Real-time Visibility Procurement Management Purchase orders 40

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Heads

OCTOBER 12, 2022

I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. My role was to professionalise the team, work out where cost savings could be made and put a plan in place to deliver on that. Tell us about your role.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

Procurement Insights

MARCH 23, 2025

“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supply chain. Real-time data and AI (e.g.,

Real-time Visibility 52

Real-time Visibility Quality Supply Chain Efficiency Suppliers 52

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

Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Steps, Benefits, and Best Practices S2P covers the entire procurement lifecycle, from supplier selection to final payment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. Money buys less than before How should procurement manage inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Jaggaer

MARCH 6, 2025

The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. Predictive analytics powered by ML helps organizations anticipate procurement trends and identify potential risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. This shape represents your entire procurement spend. It's decentralized by buyers in the business (not procurement people). Put simply, procurement teams can’t do everything.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. Then, there is accounting software that people use to keep track of POs, sacrificing a comprehensive procurement suite for all-in-one convenience. What is Procurement Software? How Does Procurement Management Software Work? Improved cost control.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Insights

JANUARY 3, 2025

It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

TYA Suite

JANUARY 27, 2025

is a critical aspect of procurement that ensures smooth operations, cost savings, and compliance. We'll also delve into the benefits and features of using Procure-to-pay (P2P) software is an integrated system that automates the full from request to payment. Ensures adherence to procurement policies and regulatory requirements.

Contract 40

Contract Real-time Visibility Contract management Management 40

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

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. By Hugo Britt | October 26, 2022. Educate your workforce.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Procurement Insights

MARCH 25, 2025

blog (Web ID: 18) implies low response rates are a common challenge, with procurement teams often struggling to get adequate replies, suggesting a baseline below 50%. government contracts), may see slightly higher response rates (30-50%) due to legal requirements and broader visibility, per TechTarget (Web ID: 6).

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. This frees up procurement professionals to focus on high-value strategic activities. Miscategorized expenses lead to incorrect reporting and missed opportunities for savings.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Insights

FEBRUARY 18, 2025

Impact on PO Automation & Collaboration: Difficulties in real-time data exchange for PO confirmations, shipment tracking, and pricing updates. Limited adoption of procurement automation tools leads to delayed approvals and frequent human errors. However, several challenges hinder progress in this area.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

MARCH 17, 2025

I received an email a few moments ago with the headline – NEWS: Beroe Acquires nnamu to Turbocharge Procurement Negotiations with Game Theory and AI. Anyone who has followed the Procurement Insights blog for any length of time knows I love to ask questions and am voracious about gaining new insights.

Negotiation 52

Negotiation Procurement team Real-time Visibility Cost of ownership 52

Planergy

FEBRUARY 24, 2025

Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education? What is Procurement in Education?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Insights

MARCH 6, 2025

Its a time-saver for procurement teams or C-level execs needing a starting point. Why Its Good: For industries like procurement or sustainability tech, where Provider X operates, being in the Leaders quadrant signals reliability and market dominance. This lags the MQ behind fast-moving markets like climate tech.

Sourcing 52

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

ivalua

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Lack of control or visibility into what is being spent and with which suppliers. Tail Spend Challenges.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

ivalua

JUNE 10, 2021

Real time pricing and inventory ensures items selected are available. Tail spend has always been difficult to control by procurement teams.

Real-time Visibility 130

Real-time Visibility Procurement team Purchasing Spend management 130

Jaggaer

FEBRUARY 5, 2025

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. These begin with enhanced visibility. Getting buy in is essential.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 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

Spend Matters

SEPTEMBER 5, 2023

As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. Using conversion funnels to turn skeptics into raving procurement enthusiasts “Can you give me feedback on this approach?

Procurement 111

Procurement Real-time Visibility Chief Procurement Officer Procurement team 111

Procurement Insights

APRIL 3, 2025

MODEL #1 DPW (Digital Procurement World) is widely recognized as one of the most influential platforms in the digital procurement space. It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Positive Aspects of DPW 1.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Jaggaer

OCTOBER 24, 2024

In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52