Spend Matters

MARCH 25, 2025

One of the most effective ways to achieve this is by using data-driven storytelling to showcase procurements role in cost savings, efficiency gains and risk management.

Stakeholder engagement 94

Stakeholder engagement Management Procurement Influencing 94

Procurement Tactics

MAY 24, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?

Supply Chain Efficiency 186

Supply Chain Efficiency Vendor management Negotiation Quality 186

Procurement Heads

FEBRUARY 23, 2023

James Dobbin , Director and Head of Practice for Procurement Heads’ Financial & Professional Sector, added, “Across financial services, we’re seeing high demand for vendor management specialists, with the sector heavily regulated there’s a definite focus on operational resilience and risk.

Vendor management 130

Vendor management Influencing Demand Risk management 130

Spend Matters

MARCH 17, 2023

Indeed, procurement should no longer just look at its “part-time” job in risk management from the vantage point of only “supply risk," i.e., physical or labor supply risk. The other two key factors that procurement MUST manage from a risk perspective with its suppliers include the financial supply chain (i.e.,

Suppliers 102

Suppliers Management Procurement Risk management 102

SCMDOJO

FEBRUARY 21, 2025

Cybersecurity Threats: Data breaches affecting procurement contracts and vendor management. Develop Risk Management & Compliance Measures: Monitor supplier performance and compliance. Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Spend Matters

APRIL 4, 2024

Each article gives an overview of the technology’s relevant capabilities, how GenAI is used and a high-level market outline that is informed by our recently conducted vendor survey. Vendors in focus in Q1 In Q1, Spend Matters published 18 Vendor Analyses as part of our Insider coverage.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The increased complexity of supply chains and global nature has expanded the scope of supply chain risk management. The expanded scope of risks. Pitfalls of Legacy Supplier Risk Management Tools.

Risk management 52

Risk management Risk Suppliers Management 52

CPO Rising

SEPTEMBER 6, 2024

Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Achieve Best-in-Class Vendor Management Performance with Six Strategies appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. (..)

Vendor management 52

Vendor management Chief Procurement Officer Strategy Management 52

Procurement Heads

FEBRUARY 22, 2023

The Procurement and Vendor Management function is responsible for the entire sourcing lifecycle from source to pay within Zurich. What are the roles and responsibilities that the procurement function holds within your organisation?

Sustainability 246

Sustainability Influencing Suppliers Supply chain 246

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. 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

Planergy

MARCH 19, 2025

How better management in AP can give you better flexibility for cash flow management. Risk Management in Supplier Relationships Unforeseen challenges, like a supplier going out of business or supply chain disruptions, can severely affect schools. Proper risk management protects against these situations.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Spend Matters

MARCH 18, 2025

Data is refreshed every 6 months.

Procurement 91

Procurement Sourcing Contract Risk 91

Spend Matters

OCTOBER 29, 2024

On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

supply chain software solutions 114

supply chain software solutions Supply chain Procurement Innovation 114

TYA Suite

OCTOBER 27, 2024

For example, if a vendor consistently delivers late or fails to meet quality standards, the procurement team can use the software to flag these issues and initiate discussions with the vendor to address the problems. Effective risk management is crucial for mitigating potential issues in the supply chain.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

CPO Rising

MARCH 31, 2023

Six Recommendations for Achieving Best-in-Class Vendor Management Performance: Centralize and […] Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations.

Vendor management 40

Vendor management Management Procurement team Strategy 40

SCMDOJO

JUNE 27, 2024

The Importance of Strategic Partnerships and Alliances Long-term partnerships can stabilize supply chains through shared investments and risk. Enroll in our newly launched course Supplier Relationship Management on our SCMDOJO website to learn more about it! How Important Is Risk Management in the Oil Supply Chain?

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 98

Spend Matters

MARCH 18, 2025

Data is refreshed every 6 months.

Procurement 66

Procurement Sourcing Contract Risk 66

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

CPO Rising

MARCH 29, 2023

In today’s global economy, managing supplier performance has become increasingly important for companies to maintain their revenues and customer satisfaction. Supplier performance can directly impact a company’s success, making it essential to find and engage with high-value suppliers and manage their performance effectively.

Vendor management 40

Vendor management Management Suppliers Import 40

Spend Matters

MARCH 11, 2025

Not all changes are created equal, and misjudging their impact can derail a digital transformation. Procurement technology projects often go beyond IT they drive fundamental business shifts. By assessing the nature and scale of change, organizations can better anticipate resistance, secure executive buy-in and drive adoption.

Procurement 106

Procurement Vendor management Risk management Contract 106

Supply Chain Game Changer

AUGUST 11, 2021

Generally, cyber security supply chain threats affect the following: Procurement Vendor management Supply chain continuity Quality Transportation security Many other corporate operations. Supply chain breaches pose a substantial danger to businesses, potentially interrupting operations and harming their reputations.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply 98

Spend Matters

JULY 10, 2024

Coming up in Q3 Looking beyond Q2 and into Q3, Insider members can expect the steady stream of Vendor Analyses to continue. In addition to the regular content, the Spend Matters analyst team will launch a Third-Party Risk Management module with accompanying articles to cover the various forms of that risk later on in the quarter.

Procurement 114

Procurement Management Contract Sourcing 114

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Vendor Delays Delivery issues can also arise from multiple sources. If the main vendor for your school meals isnt able to supply the required ingredients for your meal program, you still have to provide something for the children to eat.

supply chain budgeting 52

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

Spend Matters

MARCH 20, 2024

The examples represent the following segments: AP Automation/Invoice-to-Pay, Carbon Management, Contract Lifecycle Management, E-Procurement, Procure-to-Pay (P2P), Source-to-Contract (S2C), Source-to-Pay (S2P), Sourcing, Spend and Procurement Analytics, Supplier Management (SxM) and Supplier/Third-party Risk Management.

Procurement 114

Procurement Contract Sourcing Category management 114

SCMDOJO

OCTOBER 14, 2023

Streamlined Supplier and Vendor Management : Managing supplier and merchant connections are basic in the store network. It manages pre-designed events for managing financial issues or transactions securely. It helps to mitigate the risk factors and improves the risk management.

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Planergy

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor analysis is crucial for risk management. This cross-functional collaborative approach can lead to better project outcomes, increased stakeholder satisfaction, and stronger vendor relationships.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

SCMDOJO

MARCH 19, 2024

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Skill Dynamics

OCTOBER 19, 2023

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. This is all done alongside the achievement of cost-effective procurement and robust vendor management.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

Supply Chain Game Changer

JANUARY 9, 2019

In our online course “Professional Purchasing Project Management,” we teach four techniques for accelerating progress on a procurement project: increasing resource units, finding ways to reduce the projected duration of tasks, adding resources and modifying working hours. Have you used Vendor management software?

Procurement 68

Procurement Purchasing Negotiation supply chain software solutions 68

Arkestro

OCTOBER 10, 2023

Vendor Management Global inflation, geopolitical issues across Europe and Asia, and a slew of other factors are making vendor management increasingly difficult for today’s oil and gas companies. In this uncertain environment, supplier risk assessments play a key role in reducing supply chain disruptions.

Agile and Lean Supply Chain 52

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

SCMDOJO

JUNE 28, 2024

Deep knowledge of procurement, sourcing, vendor management, and category management in different categories. Vera has delivered programs on “Supply Chain Resilience,” “Risk Management,” “Procurement Digitalization”, “Procurement Transformation”, “Category Strategies”, “SRM,” and other topics.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

SCMDOJO

DECEMBER 11, 2023

Compliance and Risk Management: Regulatory Compliance: Ensures suppliers adhere to relevant regulations and compliance standards. Risk Mitigation: Identifies and addresses potential risks associated with the supplier’s performance. What are the 5 main things in procurement?

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Pipefy

JANUARY 9, 2024

The benefits include cost savings increase, better decision making and risk management. Smart procurement can leverage automation for processes like contract management, vendor management, request management, and procure-to-pay. What is smart procurement? But the benefits of smart procurement go far beyond.

Agile and Lean Supply Chain 52

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

Zycus Cognitive Procurement

JULY 30, 2021

Zycus’ solution portfolio encompasses the full spectrum of SRM needs, from e-sourcing and spend management to contract management and supplier management. iRisk is the AI-powered 360o supplier risk management tool that unlocks a competitive advantage over traditional SRM solutions. Learn More: Vendor Management.

Supplier relationship management 52

Supplier relationship management Suppliers Management Procurement 52

Supply Chain Opz

JUNE 1, 2014

This section will cover JIT and outsourcing by Apple Inc, Supply Chain Risk Management by Cisco System, Technology Roadmap by Intel, Supply Chain Network Model by HP, Mass Customization by Dell and Quality Management by Sam Sung. Then, a poor planning will result in a massive loss. Many industries try to imitate Dell''s success.

Agile and Lean Supply Chain 95

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

Empowering CPO

JUNE 30, 2023

Understanding Managed Procurement Services At the very core, Managed Procurement Services involves the strategic delegation of procurement activities to a specialized third-party service provider. Their role is multifaceted, ranging from supplier management and spend analysis to contract negotiation and risk management.

Supply Chain Optimization 52

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