ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

JUNE 12, 2025

This blog offers a clear, practical overview of what spend analysis is, how it supports strategic sourcing, and why it matters for both direct and indirect procurement. We’ll walk through key benefits, types of spend analysis, steps to get started, and metrics to track—backed by lessons learned from real-world implementations.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

RFgen

NOVEMBER 27, 2024

It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Data analytics helps you monitor key performance indicators (KPIs), like supplier performance, delivery times, and transportation efficiency — all in real-time. That’s where data analytics comes in.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

QAD

JUNE 17, 2021

Integrated Supplier Management is a must – manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions. That is why we developed the Integrated Supplier Management diagnostic tool.

Supplier Management 98

Supplier Management Supply Chain Planning Software Supply Chain Planning Supply Chain Software 98

Unleashed

MARCH 9, 2021

In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Undamaged shipment rate.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Optimal Sourcing 244

Optimal Sourcing Manufacturing Procurement Procurement Sourcing Strategies 244

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

QAD

OCTOBER 24, 2023

As a result, it’s difficult to discover qualified suppliers, effectively collaborate with suppliers and quickly respond to unexpected supply events. Collaborative processes transform a typical transaction-based association with suppliers into two-way access and mutually beneficial relationships.

Supplier Management 98

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 98

ivalua

MAY 10, 2025

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? Here are some of the most important tools teams are already using.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Metrics Alignment. Most companies operate well within functions, but struggle to build strong horizontal processes.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 330

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. But how can supplier performance be measured? The importance of supplier KPIs. Availability. Order accuracy.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

ivalua

NOVEMBER 5, 2015

Which got me to thinking… If you are a manufacturer, what supplier management practices might you eliminate if you had a clean slate? Here are some to consider: Segmenting suppliers by spend – By segmenting on total spend, and only focusing on those who you are spending the most with, glaring gaps open up.

Cost Reduction Strategies 100

Cost Reduction Strategies Supplier Management Negotiating Skills Sourcing Strategies 100

My Office Apps

OCTOBER 21, 2024

Managing Multiple Locations Many businesses deal with vendors that have multiple locations. Whether you’re sourcing from different warehouses or shipping to various branches, VRM tools help track and manage vendors across multiple locations.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

QAD

APRIL 8, 2025

Shift in Supplier Dynamics: Companies may seek alternative sourcing options to mitigate cost increases. Compare sourcing alternatives and production schedules in real-time. Compare sourcing alternatives and production schedules in real-time. Make informed procurement decisions to maintain cost-effectiveness.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Price Reduction Expense Reduction 52

Jaggaer

OCTOBER 24, 2024

In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Supply Chain Planning Software 52

Jaggaer

OCTOBER 24, 2024

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies. Integration is another challenge.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

Jaggaer

MARCH 19, 2025

metric tons per person and in the European Union 5.66 metric tons per person. metric tons. Lets now break that down into the various stages in the traditional upstream source-to-contract (S2C) processes. You will certainly be enriching your data on each supplier with up-to-date non-financial information.

Cost Reduction Strategies 52

Cost Reduction Strategies Optimal Sourcing Price Reduction Sourcing Strategies 52

QAD

OCTOBER 22, 2024

Recently, on the Auto Supply Chain Prophets podcast , my co-host Jan Griffiths, a prior VP of Supply Chain at a major Tier 1, and I reflected on these dynamics as we discussed the critical importance of developing a collaborative yet rigorous approach to supplier management and performance.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 52

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

AFFLINK

FEBRUARY 27, 2025

At AFFLINK , we've seen how automation transforms supplier management, helping businesses save time, improve efficiency, and build stronger supplier relationships. Automating supplier onboarding and management can set your business up for success.

Supply Chain Software 48

Supply Chain Software Optimal Sourcing Vendor Strategies Negotiating Skills 48

ivalua

SEPTEMBER 22, 2022

You must understand who you are purchasing, or could purchase from, and all relevant details about that supplier. Data will almost certainly come from a variety of sources – the supplier, employees and a range of 3rd party sources. This ensures you can have a true 360 degree view of each supplier.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

Precoro

DECEMBER 24, 2024

Unlike traditional tools that often operate in isolation or rely on rigid workflows, AI connects the dots between disparate data sources, providing a more comprehensive view of procurement activities. It’s especially useful in procurement when dealing with unstructured data, such as emails, contracts, and other supplier communications.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

SCMDOJO

FEBRUARY 26, 2025

The Cost Performance Index (CPI) is a financial efficiency metric used to measure cost performance in projects and operational activities. indicates cost inefficiency, signaling a need for supplier negotiations or alternative sourcing strategies. Example: A supplier was expected to deliver components worth $500,000.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

Jaggaer

OCTOBER 24, 2024

From basic cost optimization to leveraging technology, we’ve laid out our six best practices for building and maintaining collaborative supplier relationships. Procurement professionals have the expertise to align the organization’s vision to a supplier collaboration strategy to greater optimize those goals.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Inventory Reduction Resource Reduction 52

Jaggaer

MARCH 24, 2025

With numerous options available across the source-to-pay spectrum, weve compiled the top three key technologies CPOs should embrace in 2025: 1. These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. How do you expect the role of sustainability ratings in business to evolve?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

ivalua

SEPTEMBER 14, 2022

In addition, 26% of respondents agree their organizations lack adequate systems for defining and triggering a response to supply chain disruption, while a quarter (25%) have an inability to effectively assess the risk of individual suppliers. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

ivalua

NOVEMBER 25, 2020

Historically, the role of Procurement has been regarded as being exclusively aligned with cost management and supplier management , which is only part of the full picture. This list should include the business metrics that each procurement project impacts. You can see the full diagram and read the report here.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Jaggaer

APRIL 9, 2025

Categories for the Pro-to-Know recognition include but are not limited to Supplier Management, Sourcing, Contract Management, eProcurement, Form Requests, and AP Automation. Metrics may include cycle times for each process, use of templates, user and supplier adoption, as well as process and cost savings.

Optimal Sourcing 52

Optimal Sourcing Miami Supply Chain Software Sourcing Strategies 52

Jaggaer

JULY 10, 2024

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. Christian Heinrich, Co-Founder and Managing Director, carbmee, described “the 80% challenge” faced by manufacturing companies. from source to contract). Spend management: It begins here in most organizations.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Jaggaer

OCTOBER 23, 2024

ESG Sustainability Reporting As procurement’s intelligent source-to-pay and supplier collaboration platform, JAGGAER One enables customers and stakeholders to achieve their environmental, social, and governance (ESG) objectives by simplifying, automating, and embedding sustainability principles directly into our software solutions.

Sustainability 52

Sustainability Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

QAD

OCTOBER 18, 2022

Am I contributing to society by buying an environmentally sourced and produced product to have a greener planet? Supplier risk information is a fundamental element of supplier data that needs to be continuously monitored for out-of-tolerance activities to ensure companies can act immediately to mitigate any business risk.

Gartner 98

Gartner Optimal Sourcing Alabama Metrics 98

QAD

NOVEMBER 8, 2022

Jennifer focuses on four supply chain approaches to meet quality and efficiency targets and achieve production promises: Broadening multi-sourcing and the use of near shore suppliers. Expanding supplier relationships. Broadening Multi-Sourcing and the Use of Near Shore Suppliers.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Supply Chain Planning Software 98

Precoro

JUNE 3, 2025

In contrast, procurement category management is a strategic approach that groups similar products or services together to get the most value, lower risk, and meet business goals. Therefore, traditional sourcing is often reactive: a procurement manager reviews a purchase request , finds a supplier, negotiates terms, and moves on.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105