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. More on that here.

Procurement 130

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

Procurement Leaders

MARCH 25, 2024

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Whatever’s going through your mind, as we kick off our Americas Procurement Congress 2024 in Miami this week, the topics of digitalisation and the ongoing march of AI are front and centre.

Supply Chain Efficiency 189

Supply Chain Efficiency Procurement Data Supply market 189

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

Spend Matters

SEPTEMBER 26, 2024

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM).

Risk management 117

Risk management Risk Management Procurement 117

Spend Matters

OCTOBER 11, 2022

Categories: Category Management , Managed Services , Sponsored Article Tags: Sponsored Article Gone are the days when procurement’s agenda could be contained to a small set of self-selected priorities. The solution to this conundrum is not a traditional S2P suite or best-of-breed application. Read more. ).

Procurement 98

Procurement Category management Procurement team Risk management 98

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

Art of Procurement

MARCH 23, 2023

Procurement and supply chain professionals excel at. The post [Pod] The Next Phase of Dial P for Procurement Begins appeared first on Art of Procurement. Nothing that is simple is real, and nothing that is real is simple.

Procurement 128

Procurement Supply chain Supply Supply market 128

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

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

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

Effective market surveys and analyses are processes that identify whom procurement professionals want to bid on their requirements. The components of good market analysis include the following: Identifying current suppliers. The Procurement Promotion That You Lost (But Didn’t Even Know That You Were Considered For).

Supply market 52

Supply market Bidding Supply Suppliers 52

ProcurePort

MAY 26, 2022

• The sourcing function within any organization is part of the broader procurement efforts. If possible, the sourcing function should influence the supply market through engagement with suppliers for mutually beneficial relationships. • An effective sourcing strategy considers […].

Sourcing 130

Sourcing Influencing Supply market Suppliers 130

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

Spend Matters

MARCH 11, 2025

Ray Grove , its SVP global head of product, put the current trade and tariffs situation into context for our procurement areas of interest, AP and P2P, and Finance. It might even effect a decision to no longer play in a particular market. And they are not just a Procurement or Finance problem, they present a compliance problem.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79

Una

NOVEMBER 7, 2022

IT Innovation and Procurement as the Driving Force. Or does the job belong to the heads of functions that require IT solutions such as marketing, HR, or finance? Or is it procurement? Procurement can act as the gatekeeper of supplier innovation and the vital connection between all the parties involved in the purchase decision.

Innovation 93

Innovation Procurement Suppliers Purchasing 93

Supply Chain Brain

FEBRUARY 16, 2021

Suppleye, a business intelligence platform, recently launched a free tool to supply procurement professionals with critical supply market news.

Procurement 66

Procurement Supply market Supply 66

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

Jaggaer

MARCH 23, 2020

And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations.

Procurement 78

Procurement Data Sourcing supply chain software solutions 78

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

Procurement Express

JULY 12, 2022

Procurement software is sexy – procurement training is not. But to get the most out of your procurement software, you must equip your staff with the necessary knowledge and skills. When you get hyped up about tech and tools, it’s easy to neglect the education piece.

Procurement 52

Procurement Supply market Suppliers Import 52

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

Jaggaer

FEBRUARY 5, 2025

Assessment of the supply market (who offers what?) The assessment of supply markets is broken down, at least in large organizations that source strategically, into category management, with a category manager assessing the supply market for similar products and services sought. emergency purchases and b.)

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

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

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

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What Exactly Is Supply Chain Management? For his entire career my Father worked in the field of Procurement. But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. But was that Procurement or was it Purchasing? What exactly is Procurement?

Purchasing 62

Purchasing Procurement Purchase orders Supply Chain Optimization 62

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

CPO Rising

FEBRUARY 23, 2024

The analysts spend hours discussing key learnings from their different market research surveys, as well as the highlights from their […] For more than a decade, Ardent Partners’ senior analyst team has gathered in Boston for a multi-day company strategy and planning meeting.

Buyers 40

Buyers Supply market Strategy Procurement 40

Jaggaer

OCTOBER 24, 2024

Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Future Purchasing

OCTOBER 4, 2022

Too often Procurement works in isolation when deciding what category projects to work on. Hence, Procurement need to promote the value and benefits of planning and agreeing which projects are going to be worked on over the next 12-month period with their respective business stakeholders. Further reading.

Category management 52

Category management Collaboration Real-time Visibility Management 52

Barkers Procurement

JUNE 8, 2023

Spend analysis is an essential part of procurement that allows you to understand how you’re spending your budget and get the most out of it. This means the different departments, business units and, if any, plants, and could include e-procurement systems, general ledgers, purchasing cards and accounts payable.

Procurement 52

Procurement Suppliers Data Purchasing 52

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. Project Procurement.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

Claritum

FEBRUARY 24, 2020

Claritum Article - Procurement Blog. Project and Category Procurement Differences. Table of the key differences between Project and Category based procurement. Types of activity suitable for Project based procurement. Types of activity suitable for Project based procurement. when should I use it? Introduction.

Procurement 41

Procurement Purchasing Suppliers Sourcing 41

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

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. But does it work? Earlier involvement, as such, is not always better and does not lead to improved product quality, financial performance, or product innovativeness.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

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. Strategic Category Management is simply category management in a strategic context.

Category management 52

Category management Management Procurement Market analysis 52

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. Leverage collaborative procurement opportunities.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Barkers Procurement

JANUARY 8, 2023

Category management is a long-term, strategic approach to procurement in which certain employees or teams of employees are responsible for procuring specific types of items, such as IT equipment, office supplies or construction materials. Strong supply market knowledge. Cross-functional working.

Category management 52

Category management Management Market knowledge Stakeholder engagement 52