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A Live Look into the Future of Procurement: VENDX Genie in Action
A Live Look into the Future of Procurement: VENDX Genie in Action
At the 13th Edition of the Procurement Summit in Mumbai, MavenVista took the stage not just to talk about innovation, but to demonstrate it live. With a packed audience of procurement professionals, we showcased the transformative power of VENDX Genie—our AI-powered assistant built for data-driven procurement teams. Suhrid Shah, CEO of Mavenvista Technologies, opened the […]
Spend Analysis by Payment Terms: How Procurement Can Improve Cash Flow
Spend Analysis by Payment Terms: How Procurement Can Improve Cash Flow
While procurement teams often prioritize price negotiations, payment terms play an equally critical role in overall value realization. Extended payment terms can improve working capital. Early payment options can reduce total cost. But without clear visibility into how payment terms align with spend, organizations risk missing strategic opportunities—or exposing themselves to unnecessary cash flow stress. […]
6 Reasons to Engage in MRO Spend Analysis
6 Reasons to Engage in MRO Spend Analysis
MRO—Maintenance, Repair, and Operations—spend has long existed in the shadows of direct procurement. It’s decentralized, transactional, and often escapes the strategic lens of procurement leadership. But make no mistake—unmanaged MRO spend can lead to cost leakage, excess inventory, and unreliable suppliers. With the rise of data-driven procurement, MRO spend analysis is gaining traction for the […]
Top 7 Procurement Strategies to Drive Savings in Manufacturing Industry
Top 7 Procurement Strategies to Drive Savings in Manufacturing Industry
Procurement teams in manufacturing face a constant battle with volatile markets, geopolitical uncertainties, and relentless margin pressures. A recent Deloitte survey found that 58% of manufacturers rank procurement optimization as their top priority for cost savings. Yet, traditional methods like price squeezing can often damage supplier relationships and operational resilience. This blog highlights actionable procurement […]
How to Stop Overpaying: Intelligent Price Benchmarking with Genie 2.0
How to Stop Overpaying: Intelligent Price Benchmarking with Genie 2.0
Price fluctuations are a reality, but the inability to track them effectively can lead to unnecessary cost leakages. Without clear visibility into past purchases, vendor price variations, and industry benchmarks, procurement teams often overpay—without realizing it. This is where intelligent price benchmarking changes the game. With VENDX Genie 2.0, procurement professionals can instantly access historical […]

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