Viewing Supplier Management tagged with 'PRO'

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Transforming from Contract Management to Commercial Value Management (Part 2): Putting Contracts at the Core of Source-to-Pay - [PRO Content]
March 10, 2020 | Pierre Mitchell
In the first installment of this series, we discussed how contract management was morphing from a document-centric risk transfer legal vehicle to a broader commercial value management (CVM) competency that helps businesses: * Perform spend planning rather than spent analysis * Gain earlier and deeper visibility into financial obligations rather than just using the general…
2020 Predictions in Supplier Management: 5 Areas for Improvement in SXM - [PRO Content]
January 21, 2020 | Magnus Bergfors
In our other post today on SXM predicaments in 2020, we discussed some of the current predicaments around supplier management centered on supplier data, supplier segmentation and category management. To address these issues, buying organizations need to get serious about supplier data management as well as overall supplier management strategies. Unfortunately supplier management is often…
Ivalua: Vendor Analysis (Part 4) — Product Strengths - [PRO Content]
August 12, 2019 | Michael Lamoureux, Xavier Olivera, Pierre Mitchell, Andrew Karpie, Nick Heinzmann and Jason Busch
Anything Ivalua still lacks in global brand and market awareness along with sales/marketing infrastructure and prowess, it makes up for by delivering a source-to-pay platform designed to emphasize functional depth, suite-based capabilities and industry-specific enablement scenarios in the private and public sector. Ivalua delivers a no-compromise set of capabilities and an underlying platform that is…
Mastercard Track: A Gateway to a New Kind of B2B Ecosystem (Part 2) — SWOT Analysis and Market Implications - [PRO Content]
June 25, 2019 | Nick Heinzmann
Over a decade ago, American Express led the payments way in making innovative investments aimed at procurement organizations and their suppliers, primarily through its venture and partnership arms. (Remember MarketMile/Ketera, anyone?) But more recently, it appears that Mastercard has picked up the B2B innovation mantle, opting to organically build a solution aimed at buyers and…
AI in Supplier Management: The Day After Tomorrow - [PRO Content]
May 20, 2019 | Michael Lamoureux
In Spend Matters’ last pair of articles for the PRO series AI in Supplier Management, we reviewed some of the exciting capabilities that you will be able to expect in tomorrow's supplier management platforms, where we define AI, for the purposes of this article, as “augmented intelligence” because, as we've stated in our AI series,…
AI in Supplier Management: Tomorrow (Part 2) - [PRO Content]
May 13, 2019 | Michael Lamoureux
In Part 1 of AI in Supplier Management: Tomorrow, we began our discussion of some of the AI-enabled capabilities that you can expect to find in tomorrow's supplier management platforms, where we define AI as assisted intelligence (because, as we have discussed, there is no true artificial intelligence in enterprise platforms today and there won't…
Tealbook: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
May 8, 2019 | Nick Heinzmann, Michael Lamoureux and Pierre Mitchell
In our last Spend Matters PRO brief, we introduced you to Tealbook, a five-year-old provider based out of Toronto (with an office in New York City) that is deploying a new platform for supplier information management (SIM) and discovery. Combining machine learning to accelerate data cleansing and gathering with a social media-like user experience to…
Tealbook: Vendor Analysis (Part 1) — Background and Solution Overview - [PRO Content]
May 7, 2019 | Nick Heinzmann, Michael Lamoureux and Pierre Mitchell
Procurement organizations today talk a big game about automating transactional processes so that they can focus on upstream value creation opportunities. The thinking goes like this: The biggest opportunities for procurement are not in squeezing diminishing savings out of the usual vendors year after year but in identifying and contracting with the most innovative suppliers…
AI in Supplier Management: Tomorrow (Part 1) - [PRO Content]
May 6, 2019 | Michael Lamoureux
In our last pair of Spend Matters PRO articles about AI in supplier management today, Part 1 and Part 2, we overviewed some situations where you can find AI in e-sourcing platforms today, where we define AI as “assisted intelligence” because, as we've stated in our series about AI, there is no true artificial intelligence…
AI in Supplier Management: Today (Part 2) - [PRO Content]
April 29, 2019 | Michael Lamoureux
As we have been repeating throughout this PRO Spend Matters’ AI series, AI is the reigning buzzword of the day in sourcing and procurement software. Supplier management is no exception. Just about every vendor out there trying to get an edge in the space is claiming to have AI, even if all they have is…
SupplyHive: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
April 26, 2019 | Nick Heinzmann
In our last brief, we introduced you to Supply Hive, a provider based out of Chicago that is deploying a new platform for supplier performance management (SPM), specifically around simplifying the process of gathering and analyzing supplier performance reviews. Combining savvy UX/UI design and an apt use of natural language processing (NLP), SupplyHive has built…
SupplyHive: Vendor Analysis (Part 1) — Background and Solution Overview - [PRO Content]
April 25, 2019 | Nick Heinzmann
The market for supplier relationship management and risk solutions is broad and fragmented. Procurement organizations have their choice of point solutions for single areas of the supplier management lifecycle, broader suites that provide SRM capability as one module among many, and consulting firms and service providers that offer technology as an add-on to engagements, to…

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Negotiation Strategy with a Monopoly Supplier : Dong said : from my point of view, we need to make cost workshop with them and breaking down their cost detailed...

Has Your Company Considered Outsourcing Your HR Business Processes? : Kathyrine Peterson said : Our company does not depend on outsourcing we have our HR staff. but I think there is still a lack o...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Steve Saxon said : Freemarket is a similar firm that buys goods online with supplier agreements locked up. No problem a...

Afternoon Coffee: Amid COVID-19, the services PMI grows slower in August; Unemployment claims fall this week; Autonomous trucking gains ground : Kevin Melton said : I wonder whats the cost of autonomous fleets and people being replaced. It dosnt seem like it would ...

Re-evaluating the cash conversion cycle in the COVID-19 era : Dino Solari said : NOTHING WILL BE LIKE BEFORE Impact of the virus corona (COVID-19) on the DSO A simple question. If...