Viewing Suppliers tagged with 'PRO'

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Payable Strategies for the Long Tail Suppliers — Stage 5: Getting to a Decision - [PRO Content]
March 29, 2021 | David Gustin
Now it is time to get to a payable strategies decision. In this five-part Spend Matters PRO series, we have provided a way to help companies address how to approach paying suppliers early given a company’s current baseline and legacy situations. The mandate was simple. The mandate was clear. Find a way to offer ALL…
EcoVadis: Vendor Analysis, 2020 Update (Part 3) — SWOT, Competitors and Tech Selection Insights - [PRO Content]
June 4, 2020 | Magnus Bergfors
In this update of Spend Matters’ Vendor Analysis series, we have been analyzing EcoVadis, a provider of a cloud-based sustainability rating and monitoring “Solution” (with a capital “S” to denote a solution that transcends software) for your critical supply chain suppliers. The supplier-friendly and buyer-friendly platform offers three modules: IQ for broad-scale risk assessments and…
EcoVadis: Vendor Analysis, 2020 Update (Part 2) — Product Strengths & Weaknesses - [PRO Content]
June 3, 2020 | Magnus Bergfors
The market demand for supplier intelligence and data within procurement continues to increase. Whether it’s supply chain and supplier risk data provided by originators and aggregators or category and supply market-based general intelligence offered by analyst-driven models, an increasing number of firms are looking to third parties to augment their internal data-gathering and analysis efforts.…
EcoVadis: Vendor Analysis, 2020 Update (Part 1) — Company Background & Solution Overview - [PRO Content]
June 2, 2020 | Magnus Bergfors
Sustainability. Go back 10 years and that was not a topic that got much more than lip service from most procurement organizations. But in recent years, as discussions around climate change have become louder, organizations started to address sustainability much more seriously. Now, the coronavirus pandemic may prove to be the tipping point as most…
What’s the Price: Vendor Analysis (Part 2 — Product Strengths and Weaknesses) - [PRO Content]
November 21, 2019 | Nick Heinzmann
In our last brief we introduced you to What’s the Price, a five-year-old Dutch vendor that offers should-cost modeling tools for supplier negotiations. Born out of the frustrations of two procurement professionals who wanted to get faster, more accurate price estimates to counteract supplier quotes, WTP makes smart use of publicly available big data to…
What’s the Price: Vendor Analysis (Part 1 — Background and Solution Overview) - [PRO Content]
November 20, 2019 | Nick Heinzmann
Successful supplier negotiations begin long before a category manager sits down at the negotiating table, physical or virtual. Effectively sourcing a product or component requires an understanding of the fundamentals driving a category, the competitive dynamics in a given industry, and a negotiation strategy based on realistic prices or savings that procurement hopes to attain.…
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: Today (Part 1) - [PRO Content]
April 22, 2019 | Michael Lamoureux
With this brief we begin the next installment of our series on the application of artificial intelligence (AI) to various source-to-pay technologies. Previous entries focused on AI in procurement (Today, Part 1 and Part 2; Tomorrow, Part 1, Part 2 and Part 3; and The Day After Tomorrow), AI in sourcing (Today; Tomorrow, Part 1…
AI in Supplier Discovery: The Day After Tomorrow - [PRO Content]
April 2, 2019 | Michael Lamoureux
In our initial entry of the series, AI in Supplier Discovery: Today, we discussed how the advancements in usability and computing power have made it possible for platforms to implement better and more powerful search algorithms that can actually make searches useful across wide supplier directories and networks. Then, in our last entry, AI in…
So You Want to Build a B2B Marketplace: 8 Business Scenarios & Case Examples (Part 2) - [PRO Content]
November 20, 2018 | Jason Busch
Just what is a B2B marketplace and, most important, why would you, as a procurement organization or distribution/business intermediary, want to build one? This Spend Matters PRO series provides insight into these and other questions. Part 1 and today’s installment begin by segmenting the market into (and defining) eight business scenarios they can enable that…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...