ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. 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.

Optimal Sourcing

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. 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.

Optimal Sourcing

ivalua

MAY 10, 2025

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than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems.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.

Procurement Solutions

ivalua

JUNE 9, 2025

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.

Optimal Sourcing

ivalua

AUGUST 6, 2025

Indirect procurement sometimes flies under the radar, but its impact on cost, compliance, and efficiency can be significant. For many enterprise teams, managing indirect spend feels like a reactive process that’s out of sync with business goals. What Is Indirect Procurement?

Optimal Sourcing

ivalua

AUGUST 9, 2025

AI procurement software is already reshaping how leading teams make decisions, reduce risk, and find new value. Making artificial intelligence in procurement functional and beneficial requires more than just experimenting with models and algorithms. Find Out More Where Does AI Fit in Your Procurement Tech Stack?

Procurement Solutions

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.

Optimal Sourcing

ivalua

JULY 21, 2025

A Procurement System refers to a sophisticated framework or software designed to streamline and automate various stages of the procurement process within an organization. Best-of-breed solutions often specialize in specific aspects of procurement, while full-suite solutions seamlessly automate multiple process steps.

Procurement Solutions

Precoro

DECEMBER 24, 2024

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.

Price Reduction

Supply Chain Shaman

AUGUST 4, 2025

Normality evaporated for supply chain leaders around the world. Click the link to download the results of the quantitative report completed at this time five years ago.) With all of the hand-waving, and media outlet political maneuvering, supply chain leaders need to be focused on using industry-specific market data.

Inventory Reduction

ivalua

AUGUST 12, 2025

Unifying data across systems allows procurement teams to assess risk, model scenarios, and make more informed, value-focused tradeoffs. Integrating sourcing with contract management, supplier performance, and ESG tracking creates a more agile and collaborative sourcing function.

Negotiating Skills

ivalua

JUNE 12, 2025

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.

Cost Reduction Strategies

ivalua

JUNE 3, 2025

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.

Vendor Strategies

My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.

Vendor Strategies

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

Optimal Sourcing

Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? Perhaps you already have a process audit report, or are interested in discovering how it could benefit you and streamline your operations. What is the Purpose of a Process Audit Report?

Procurement Analytics

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.

Purchasing Skills

Supply Chain Matters

JUNE 26, 2025

Supply Chain Matters features our latest full edition of This Week in Supply Chain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supply chain technology or industry services providers. million in total revenues, a decline of 4.8

Supply Chain Planning Software

QAD

OCTOBER 22, 2024

These challenges underscore the complex and often transactional nature of relationships between customers and suppliers. The Complexities of Managing Supplier Relationships Managing suppliers has always been complex, but it is becoming even more challenging in today’s fast-paced automotive industry.

Supply Chain Planning Software

Precoro

MAY 19, 2025

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?

Procurement Analytics

Logistics Bureau

NOVEMBER 3, 2024

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),

Inventory Reduction

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Negotiate Pricing

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Which Suppliers Are Truly Strategic? Finally, in the bottom left we have basic suppliers, or your tail spend.

Negotiating Skills

ThroughPut

OCTOBER 18, 2024

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network.

Supply Chain Planning Software

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions

Precoro

JUNE 3, 2025

Definition: Category management is a systematic way to organize and supervise groups of products or services within a company. Businesses often use it in retail and purchasing. In category management, you sort items with similar characteristics and treat each group as a separate unit.

Manufacturing Procurement

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing

Precoro

JULY 9, 2025

Definition: Procurement transformation is the strategic overhaul of how a business buys goods and services. This approach focuses on changing procurement holistically beyond minor tweaks, starting from strategies to organizational structures. Procurement transformation has several objectives.

Procurement Solutions

QAD

MARCH 11, 2025

Insights from a Former Procurement Manager People often ask me why I left FORVIA, a French global automotive supplier, to join QAD. In todays fast-paced business environment, digitalization has become a cornerstone of operational success, particularly in the realm of purchasing.

Optimal Sourcing

Jaggaer

APRIL 9, 2025

As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. but also external data such as supplier networks and performance, extended supply chains, and the environmental impact of their operations.

Inventory Reduction

Jaggaer

DECEMBER 12, 2024

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 Version 24.3

Optimal Sourcing

ThroughPut

OCTOBER 10, 2024

This often results in part shortages when they are most needed or an excess of the wrong parts due to over-ordering, both of which drive up costs. Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. How Spare Parts Management Software Works?

Inventory Reduction

Supply Chain Digest

JUNE 19, 2025

Jassy called generative AI a “once-in-a-lifetime” technology that will change the way the company operates, and said Amazon is already using it in “virtually every corner of the company,” calling out the supply chain areas of inventory and demand planning as examples. prediction made in March.

Supply Chain Planning Software

NC State SCRC

APRIL 30, 2025

Most of the activity that occurs behind the scenes at all stages of the supply chain involves human activity, processing transactions on screens and Excel sheets. Other activities involve supplier segmentation, sharing material forecasts with suppliers, and coordinating logistics and operational scheduling.

Supply Chain Planning Software

ThroughPut

JUNE 2, 2025

In 2025, the landscape of spare parts management is undergoing a seismic shift. Maintenance, Repair, and Operations (MRO) professionals, heads of maintenance, and spare parts managers are navigating an environment shaped by supply chain volatility, legacy infrastructure, and an explosion of data.

Sourcing Strategies

Jaggaer

MARCH 20, 2025

Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Additionally, institutions must remain adaptable to changes in compliance requirements related to federal grant-funded purchases, sustainability mandates, or supplier diversity policies.

Education

QAD

APRIL 9, 2025

Can You Prevent Supply Chain Disruptions in Life Sciences? Supply chain disruptions in the life sciences industry can have serious consequences. While its impossible to eliminate all risks, companies and the industry at large can take proactive steps to minimize disruptions and improve supply chain resilience.

Supply Chain Disruption