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New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

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REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement.

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Pandemic Prepared! 8 Steps to Building Supply Chain Resilience

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From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

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Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

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4 ways IT & Procurement team collaboration increases resilience

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Procurement has been uniquely placed on the business front line of this crisis in helping to pivot supply chains from producing make-up to face masks and to finding thousands of items of remote working equipment overnight, or from manufacturing parts for car engines to ventilators. Blending of IT and procurement teams.

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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

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Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating. The survey for 2020 delivers this level of insight but also provides special insight as responses to the survey were split between responses before the Covid pandemic and during the pandemic.

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The Opportunity — and Challenges — for Digital Transformation in MENA

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The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. There are several reasons: Revenue from oil and tourism dropped abruptly in 2020. million, compared to $1 million in EMEA during the pandemic.

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Ivalua Study: Tech Challenges Hinder Procurement

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New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.