article thumbnail

Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

But change management is significantly more difficult when the technology deployed is used not just internally, but also by key trading partners. The most common form of trading partner collaboration is purchase order collaboration. They explained that they were digitizing their end-to-end requisition to payment process.

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?

article thumbnail

Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

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.

article thumbnail

Conquering Tail Spend in 2025: New AI-Powered Tools and Strategies for Success

It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game.

article thumbnail

Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

5000 developers are working on product enhancements and extensions to the SAP spend management suite. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower.

SAP 292
article thumbnail

Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Both focus on improving efficiency and reducing costs but differ in their strategic approach and impact on the core business operations. Find Out More What Is Procurement?

article thumbnail

Learn How to Transform Procurement with Team Procure Cloud

Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. One of the key features of the platform is the custom approval workflows, which are tailored to each department within an organization.