This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. What’s the technology behind autonomous procurement agents?
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. What’s the technology behind autonomous procurement agents?
While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. See a Demo. Procurement vs. Purchasing: What’s the Difference?
In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Were raising the bar.
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.
Book a Demo T he Inspiration Behind Freightos Enterprise A little over a year ago, my team and I embarked on an extensive listening tour, sitting down with nearly one hundred enterprise shippers and BCO senior executives from the supply chain and logistics sectors. – Paolo Galli, VP Group Logistics Operations at Electrolux.
Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
As Procurement teams are tasked to do more with less in an increasingly complex and uncertain market, digitization has become a must. Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. Payback in under 6 months.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
Ivalua NOW AMER 2025 in New Orleans was an event that exceeded all expectations, delivering an unforgettable experience for our thriving procurement community. This year’s theme focused on reshaping the procurement industry’s approach to innovation, tackling challenges, and uncovering fresh paths to success.
Demo Breakout. Establishing an environment where information is digitally exchanged between buyers and suppliers and where processes are interconnected has become essential in the new generation of procurement and supply chain management. The post AMER 2021 Day 2 Demo 1 appeared first on Ivalua.
This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU.
From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. From COVID to geopolitical tension, the past five years have emphasized the need for procurement agility. These external factors are near-impossible to predict, forcing more frequent tender updates to remain inline with the market.
Keep reading Weekly Freight Updates December 3, 2024 Update Logistics Technology and Research Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Weekly Freight Updates November 27, 2024 Update Put the Data in Data-Backed Decision Making Freightos Terminal helps tens of thousands of freight pros stay informed across (..)
Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Streamline procurement. Schedule an Amplio Demo.
Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.
Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Provide a consumer-like experience for procurement stakeholders.
Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?
Meet with the Leader in Procurement Risk AI As geopolitical risk, regulatory change, and ESG expectations accelerate, Exiger helps CPOs tackle the growing list of procurement challenges. Were excited to join World Procurement Congress 2025 for several exclusive events to discuss technology-driven transformation and building resilience.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
The solution demos are weak, and the leadership vision is lacking. Coupa is well funded and performed well in the indirect procurement software market. There is tension within organizations: the move from procurement as a self-serving function to enabling effective trading partner flows. I believe that Kinaxis can do better.
Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?
Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!
I would sit through the demos, and I would think, how are these bots going to handle large orders that we routinely send our stores? Better inventory accuracy also improves procurement. By having Krber implement both the WMS and the AMRs, Fleet Feet believed they could incorporate the AMRs into their operation sooner than expected.
How to effectively manage risk in procurement? Risk management in procurement. However, in procurement, the last thing you want is a risk. That’s why managing risk in procurement is essential. Procurement teams have been trying to outrun risks since the pandemic began. Delays in basic procurement activities.
According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.
In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. The same applies to Procurement. Alex Saric, CMO, Ivalua. That is a shocking disparity.
Avoid pretty demos and RFP processes. Don’t run a selection process through procurement or finance. Avoid PowerPoint and pretty pictures. Ask peer companies about their interactions with technologists. Analyze what is working and what is not. Consider attending user conferences of a vendor to understand the cultural fit.
More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies (..)
The days of quarterly reviews and annual procurement cycles are giving way to a much more dynamic, responsive approach to supply chain management. Having everything connected from market intelligence to tender procurement to actual bookings transforms how shippers operate. However, this specialization has created its own challenges.
Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities. Even if their solution demos impressively, look past the shininess for proof ensuring your solution will go live in the time frame you expect.
While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.
More Resources Home Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Widespread diversions of container carriers away from the Red Sea to avoid Houthi attacks is likely to impact (..)
25, 2025 – Exiger , the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. For more information or to see an Insider demo or become a member, please reach out.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content