Jaggaer

FEBRUARY 28, 2025

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Jaggaer

FEBRUARY 20, 2025

But before this can happen someone has to identify suitable vendors to secure goods and services at the best value (not necessarily the lowest price) within a variety of constraints (risk management, ESG and regulatory factors etc.). Strategic sourcing: The word strategic is added for good reason.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Spend Matters

MAY 29, 2024

Next, Clinton Hazziez, System VP, Supply Chain Operations and Strategic Sourcing of Baylor Scott & White Health, the largest non-profit healthcare organization in Texas, spoke about his organization’s digital transformation journey. Hazziez illuminated how the healthcare industry optimizes its supply chain.

supply chain software solutions 117

supply chain software solutions Procurement Supply Chain Optimization Contract 117

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency 178

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

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. Supply Chain of fashion industry involves a time based competition.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 98

Spend Matters

APRIL 4, 2024

Pere Sivecas , Spend Matters Development PM and Software Architect, has compiled a four-part video series that covers the basics you need to know, the first two of which are free while parts three and four require a basic Insider subscription.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

ivalua

JULY 7, 2020

Who better to bring balance, build resilience and solidify competitive advantages than Procurement and Supply Chain. For Procurement and Supply Chain leaders, while this is very likely not a foreign concept, it is likely that they have not had the opportunity to fully execute on a strategy to be more resilient to external events.

supply chain software solutions 130

supply chain software solutions Suppliers Procurement Sourcing 130

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. Supplier collaboration: Engage in collaborative discussions with suppliers to explore ways to manage and mitigate inflationary pressures together.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

World of Procurement blog

MAY 8, 2024

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Ethical and Sustainable Procurement Source from suppliers who follow ethical labor practices and treat workers fairly.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. Today’s procurement challenges go far beyond cost negotiations and sourcing. Matt lives in Nashville, TN with his wife Amy.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

supply chain software solutions 52

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

Zycus Cognitive Procurement

AUGUST 29, 2022

According to the Victorian Government’s Digital Strategy 2021-2026, a 4-step approach for selecting software is construed as the need of the hour. They are promoting investing in SaaS over buying or building software of their own. Let’s talk about strategic sourcing and the impact of digital transformation on it.

Risk management 52

Risk management Risk Suppliers Management 52

Procurement Tactics

MAY 24, 2023

Strategic sourcing managers and procurement managers are typically responsible for managing supplier scorecards. For example, you can ask a department head to provide feedback and scores for a software service used by their team. Thus, they may be utilized by executives within the organization as well.

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Relationship Between Category Management and Strategic Supplier Relationship Management Importance and Benefits of Category Management Best Practices What are the Challenges of Category Management implementation?

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Skill Dynamics

OCTOBER 19, 2023

This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Subscribe Here! Email Address. Featuring Our 12 Best Procurement Articles! It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Planergy

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software? Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? through strategic sourcing and targeted cost savings is a lot easier to accomplish than a sales force increasing their revenue by 10%. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software? Saving just 2.5%

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Spend Matters

JULY 10, 2024

Part 1 Part 2 Source-to-Pay Corcentric offers a full S2P technology suite that can be used holistically or per-module that addresses the issues faced by SME and mid-market organizations in Europe and the US. SxM Matchory is a supplier discovery tool that aims to streamline the strategic sourcing process.

Procurement 114

Procurement Management Contract Sourcing 114

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. Spend analysis enables informed decision-making and strategic sourcing.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. Spend analysis enables informed decision-making and strategic sourcing.

Supply Chain Efficiency 52

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Strategic Sourceror

NOVEMBER 2, 2022

When you add in supply chain disruptions, which many companies are still encountering, organizations are looking for any opportunity to stretch their dollar further and offset their rising costs. Enterprise resource planning software gives you that visibility. Brought to you by the StrategicSourceror.

supply chain software solutions 57

supply chain software solutions Real-time Visibility Supply Chain Efficiency Strategic sourcing 57

The Procuretech Podcast

JULY 31, 2024

This week on The Procurement Software Podcast, host James Meads delves into some unique technology needs that direct procurement teams are often facing. Risk Management: We look at how predictive analytics and robust risk mitigation tools are essential for identifying and addressing potential supply chain disruptions.

supply chain software solutions 40

supply chain software solutions Raw materials Supply Chain Efficiency Supplier relationship management 40

Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. How to gain visibility and control of your indirect spend.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Procurement Software

JULY 9, 2024

Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect procurement. Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Focal Point Focal Point is a growing Atlanta-based procurement startup offering a unique solution tacking three different challenges within procurement.

Real-time Visibility 52

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

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Arkestro

SEPTEMBER 29, 2023

The software works with real-time and historical data, including user preferences, past buys, supplier performance, and market trends. Systems use this data to automate routine procurement tasks and make informed decisions about sourcing, pricing, and supplier relationships.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement supply chain software solutions 52