ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Below, we’ve lifted the main webinar takeaways from panel contributors and Vishal Patel, VP of Product Marketing at Ivalua. Procurement 2022: Big Trends and Predictions. #1. View Webinar Replay. What can we expect in 2022?

Procurement 130

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

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Procurement Tactics

APRIL 17, 2023

In this article, we will discuss what sustainability means in procurement. Additionally, we will share with you how to get a clear idea of your position within the market Once you are done reading this article, you will have a better knowledge of the role of sustainable suppliers to achieve sustainability within your procurement processes.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

Una

MARCH 30, 2023

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. Cost is, and should always be, a foundational part of procurement’s raison d’être.

Procurement 104

Procurement Supply Chain Efficiency Procurement team Sustainability 104

Spend Matters

MARCH 27, 2024

In fact, more than 80% of CPOs, it states, indicated that digital transformation is a top priority, with a specific focus on GenAI, because “… AI tools can help procurement professionals identify trends and patterns that are otherwise impossible to tease out, thereby enabling more informed decisions from supplier selection to contract negotiation.”

Procurement 112

Procurement Negotiation Supply Chain Efficiency Supply Chain Optimization 112

ivalua

MAY 18, 2022

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Procurement needs skin in the game.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) However, whats really missing hereneeds analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

ivalua

OCTOBER 1, 2019

Peter Smith, Managing Director at Procurement Excellence Ltd. If Procurement people, functions and organisations are going to be successful, it is obvious that we have to adapt to the changing wider business and social environments. Effectiveness covers what we might consider the traditional aspects of Procurement.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. So, unlike many of my peers, I didn’t fall into procurement, I actually chose it.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? There has been transformation in the Procurement function over the past decade. A Paradigm Shift in the Procurement Function. Drive a thorough understanding of both the supply market and internal company requirements. The Evolution of Procurement’s Value Proposition.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

ivalua

NOVEMBER 27, 2019

Doug Keeley, Product Marketing Manager, Ivalua. If you have ever read an article about Procurement best practices, you know that a very small minority of teams are categorized as leaders and an equally small minority are considered laggards. Is a dynamic process led by informed and capable Procurement Professionals.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

Claritum

MARCH 10, 2020

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Category-based Procurement Examples. The Inherent Challenges of Category-based Procurement. The Inherent Challenges of Category-based Procurement. Characteristics of good Category Procurement Activity. when should I use it?

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

Procurement Heads

DECEMBER 16, 2022

For the latest in Procurement Heads ‘ Big Interview series, he spoke with Will Cooke about his procurement career, the challenges he and the team are currently facing and how he spends his spare time. How did you get into procurement? What are you most passionate about when it comes to procurement?

Contract 130

Contract Procurement Sustainability Purchasing 130

Spend Matters

NOVEMBER 2, 2023

Here are some specific highlights: Rebranding and re-tooling SAP has rebranded and broadened ‘SAP Ariba’ to now include all of SAP’s core procurement products (i.e., SAP Ariba and SAP S/4HANA) such that the SAP S/4HANA procurement apps shall now be part of the ‘SAP Ariba’ brand and product family.

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Procurify

JULY 20, 2022

According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. Although cost-saving has been a top priority for a long time, new requirements in procurement are surfacing and bringing challenges with them. Collecting accurate data and insights.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Future Purchasing

OCTOBER 4, 2022

Category management is the strategic end-to-end process for managing categories of related supplier spend that aligns business goals and requirements with supply market capability. In contrast, strategic sourcing is the process used by Procurement teams to source products and services for the business. Improvement opportunities.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

Claritum

MARCH 10, 2020

The first two articles covering Bespoke Procurement and Project-based procurement. Category procurement is perhaps the most common break down for. Procurement teams and certainly is the most focused on in terms of. procurement. There are three primary areas to category procurement. Introduction.

Procurement 32

Procurement Supply Chain Efficiency Category management Purchasing 32

Sourcing and Supply Chain

JUNE 24, 2021

Procurement is a highly analytical and structured process that is based on the DMAIC – Define, Measure, Analyze, Improve, and Control. Category strategy excellence is a powerful tool that should be at the core of the procurement team’s work. It maximizes value, efficiency, quality, and innovation, as well as mitigating risk.

Category management 52

Category management Management Procurement Market analysis 52

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Manufacturing supply.

Procurement 32

Procurement Supply Chain Efficiency Raw materials supply chain software solutions 32

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Zycus Cognitive Procurement

JANUARY 12, 2021

Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. Supply chains were severely disrupted on a global scale as countries closed their borders. When sourcing leaders, procurement professionals, and suppliers come together, they make sourcing collaborative.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Una

JUNE 8, 2023

The fact is that procurement teams can only do so much. We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. A sole supplier with no competitors.

Suppliers 52

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

TYA Suite

NOVEMBER 25, 2024

Strategic-sourcing uses this data to make smarter choices that improve cost efficiency. In the second step, companies use strategic sourcing to research the supplier market. This approach can lead to poor choices that may impact product quality and supply chain stability. What Is the main focus of strategic sourcing?

Strategic sourcing 40

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 40

Jaggaer

JULY 23, 2019

Supply chains are multi-tiered and therefore difficult to manage. The “fast fashion trend”, which means that collections are distributed in shorter, and shorter periods of time, has transformed the procurement function. This is not easy given the current volatility in supply markets.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. This can be done by being transparent and honest with suppliers, as well as by sharing information and ideas freely.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52