Remove 2021 Remove Buyers Remove Supplier
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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

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Despite green pledges, less than a quarter of organisations monitor suppliers on carbon emissions

ivalua

Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. Just one-in-ten (10%) suppliers say that organisations always include sustainable practices in contracts and agreements. Suppliers have an important role to play in tackling climate change.

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Almost Two Thirds of European Suppliers Say Late Payments Put Them at Financial Risk

ivalua

Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers.

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3 areas of development for Supplier Relationship Management

ivalua

Supplier Relationship Management has taken on new meaning in the unprecedented times in which we find ourselves living. Now is the time to rethink supplier relationships for 2021 and beyond. Supplier Relationship Management – time to rewrite the rule-book? What does this teach us about Supplier Relationships?

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Creating a dynamic marketplace that promotes transparency of pricing, services and supply contracts, allows suppliers to continually update their offerings and prices and enables public sector buyers easier access to the latest technology and services. Colombia Compra Eficiente also introduced a process for pre-market engagement.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

Approach : Lithuania launched an ambitious public procurement reform in 2021 to reduce the country’s carbon footprint and ensure every public procurement decision considers its environmental impact. Or how could buyers minimize the very real risk of greenwashing?

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AMER 2021 Day 2 Demo 1

ivalua

Effectively Managing Supplier Information, Risk & Performance. Establishing an environment where information is digitally exchanged between buyers and suppliers and where processes are interconnected has become essential in the new generation of procurement and supply chain management. Demo Breakout.