ivalua

MAY 21, 2025

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Analytics Software 130

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. What is Total Economic Impact?

Vendor Strategies 130

Vendor Strategies Cost Reduction Strategies Expense Reduction Resource Reduction 130

Logistics Viewpoints

APRIL 23, 2025

From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. Sourcing and Ingredient Availability A central impact of this policy is the need to replace synthetic colorants with natural alternatives.

Manufacturing Procurement 175

Manufacturing Procurement West Virginia Food Sourcing Strategies 175

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Logistics Viewpoints

MAY 13, 2025

But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions. This move positions Coupa as the full-stack provider for planning, execution, and optimization in global sourcing. The result: a $3.2

Las Vegas 137

Las Vegas Optimal Sourcing Sourcing Strategies San Francisco 137

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Precoro

MARCH 27, 2025

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.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Logistics Viewpoints

FEBRUARY 26, 2025

Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability.

Supply Chain Software 222

Supply Chain Software Pharmaceutical Supply Chain Network Software Optimal Sourcing 222

SCMDOJO

APRIL 15, 2025

With supply chains stretching across borders and relying on multiple vendors, the risks are highbut so are the opportunities. However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. Vet thoroughly.

Vendor Strategies 71

Vendor Strategies Sourcing Strategies Price Reduction Resource Reduction 71

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. You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. That’s where data analytics comes in. Ready to get started?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

Logistics Viewpoints

FEBRUARY 24, 2025

When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. ARC was recently briefed by InterSystems.

Supply Chain Planning Software 296

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 296

SCMDOJO

FEBRUARY 21, 2025

Why Your Procurement Strategy is More Critical Now Than Ever Before In an era of global supply chain disruptions, a robust procurement strategy is no longer optionalits essential. The right procurement strategy ensures that organizations: Mitigate risks before they escalate.

Optimal Sourcing 54

Optimal Sourcing Supply Chain Disruption Vendor Strategies Cost Reduction Strategies 54

QAD

APRIL 3, 2025

Supplier Management solutions have garnered significant recognition in the procurement industry for their innovative approach and substantial business benefits. This recognition underscores QADs growing influence and effectiveness in addressing the complex needs of todays procurement professionals.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Negotiating Skills Sourcing 52

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The traditional leader values cost reduction but is blind on how to value time. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased.

Supply Chain Planning Software 418

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 418

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Therefore, the survey gives a fascinating insight into the impact that the pandemic has had on procurement teams globally. “70%

Cost Reduction Strategies 195

Cost Reduction Strategies Material Savings Vendor Strategies Survey 195

Precoro

JUNE 3, 2025

Category management isn’t just another procurement trend. With today’s growing cost pressures and increasingly complex supply chains , quick fixes no longer cut it. Category Management (CM) is a strategic procurement approach that groups related purchases into categories to manage each as a strategic unit.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

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 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Matters

JUNE 3, 2025

Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcing solutions struggle to support direct materials sourcing because of specific challenges in legacy software design.

Supply Chain Planning Software 52

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Purchasing Skills 52

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 314

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 314

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! Smart manufacturing and Industry 4.0 Smart manufacturing and Industry 4.0

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

Logistics Viewpoints

DECEMBER 2, 2024

It’s really reduced a lot of sales friction. We have all the connected planning data we get from blue Yonder, all of the product data we get from the product systems, all of the shipment information that’s coming in from the carriers, as well as risk information from Everstream and other sources.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 288

ThroughPut

JUNE 2, 2025

To stay ahead of the curve, industry leaders are turning to data-driven strategies and artificial intelligence (AI) to transform how they manage inventory, forecast demand, and optimize the entire spare parts lifecycle. They are also responsible for data integrity, vendor management, and aligning with enterprise sustainability initiatives.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

SCMDOJO

JUNE 3, 2025

Before digital tools entered the scene, thats almost exactly what procurement used to feel like. AI in Procurement Estimates: Explore the ways in which predictive analytics provide tailored insights for better decision-making. No need to go chasing vendors for quotes, or digging through outdated spreadsheets. Today though?

Negotiating Skills 54

Negotiating Skills Predictive Analytics Software Supply Chain Design Software Supply Chain Software 54

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. This proactive approach minimizes downtime, reduces financial losses, and strengthens overall operational efficiency.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 87

ThroughPut

APRIL 4, 2025

A structured approach helps businesses: Lower operational costs by eliminating unnecessary stock. Improve cash flow by reducing capital tied up in inventory. Supply chain disruptions create uncertainty in procurement. Key Strategies for Spare Parts Inventory Optimization 1. Evaluate vendor performance regularly.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

ivalua

APRIL 23, 2020

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. .

Supply Chain Planning Software 46

Supply Chain Planning Software Procurement Supply Chain Software Supply Chain Planning 46

Supply Chain Shaman

APRIL 29, 2024

Technology vendors speak techno geek, and I struggle to name any consultant familiar enough with today’s market to give an objective opinion. Most believe that Gartner would be of better service to the industry to adopt more of a Horses for Courses Strategy. Don’t run a selection process through procurement or finance.

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 419

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Procurement Solutions Waste Reduction 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Procurement Solutions Waste Reduction 130

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

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Logistics Viewpoints

JULY 23, 2024

Collaborate across departments: Engage stakeholders from different departments within the organization – not just supply chain management including logistics and procurement but sales, marketing, and finance. ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags). sensors, RFID tags).

Optimal Sourcing 312

Optimal Sourcing Agile and Lean Supply Chain Supply Chain Software Modeling 312

Logistics Bureau

NOVEMBER 3, 2024

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74