Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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Sourcing

Supply Risk Defined in Supplier Relationship Management

Supplier relationship management is the discipline of strategically planning for, and managing, all interactions with third-party organizations that supply goods and/or services in order to maximize the value of those interactions. In practice, supplier relationship management entails developing closer, more collaborative relationships with key suppliers in order to uncover and realize the new value and reduce supply risk; but what exactly is “supply risk”? George Zsidisin, assistant professor of supply chain management at Michigan State...

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Blog

Magid + Xeeva Marketplace – How we can benefit your strategic sourcing process

Pete Baltes, SVP of Corporate Sales for Magid is interviewed by Quinn Phelps, Supplier Partnerships and Success Manager for Xeeva Marketplace. https://youtu.be/dJhYRzRPd-c Magid Glove and Safety is one of Xeeva’s leading members in Xeeva’s Supplier Marketplace. They have been a member of our Supplier Marketplace for a few years and have worked with a variety of our customers providing them a high quality of Safety Solutions and PPE Equipment on a consistent basis. Today, we...

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Release Highlight

Xeeva Spend Analytics Release Highlights 14.1 – June 2022

Spend Analytics version 14.1 features Intelligent Opportunities as part of Xeeva’s commitment to  Better Data, Better Insights, and Better outcomes.    Xeeva continues to utilize intelligence throughout the procurement process. With our upcoming release of Xeeva Spend Analytics, customers will see AI/ML computed sourcing opportunities.   When spend data is curated after each data refresh, our machine learning algorithms generate hundreds of category-based sourcing opportunities.   Each opportunity:  Displays an estimated savings amount  Is ranked and scored  This allows users...

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